DECK
Deckers Outdoor Corporation
DECK has the edge over EBAY overall, supported by stronger valuation and stronger modeled upside.
EBAY
eBay Inc.
EBAY offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
DECK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Strong |
DECK's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
DECK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 11x | $84.53 | — |
| Forward | 11x | $84.53 | — |
| Cheap | 16x | $117 | +38% |
| Fair | 22x | $167 | +97% |
| Expensive | 29x | $217 | +156% |
Historical ranges are pointers, not guarantees.
DECK has the edge over EBAY in the historical PE scenario, which offers more potential upside but is not a forecast.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
DECK Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for DECK, with profitability improving. However, they disagree widely on these estimates.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
DECK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.84 | +4.2% |
| Q3 2026 | $7.52 | +12% |
| Q2 2026 | $7.03 | +8% |
| Q1 2026 | $7.02 | +11% |
| Q4 2025 | $7.07 | +15% |
| Q3 2025 | $6.74 | +18% |
| Q2 2025 | $6.51 | +24% |
| Q1 2025 | $6.33 | +30% |
| Q4 2024 | $6.17 | +33% |
DECK has the edge over EBAY on earnings, with more consistent year-over-year improvement.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY's earnings per share have fallen from their peak: $4.57 over the past year, against $20.25 in late 2021.
DECK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +3.5% |
| Q2 2026 | $1B | +5.7% |
| Q1 2026 | $1.1B | +9.6% |
| Q4 2025 | $2B | +7.1% |
| Q3 2025 | $1.4B | +9.1% |
| Q2 2025 | $964.5M | +17% |
| Q1 2025 | $1B | +6.5% |
| Q4 2024 | $1.8B | +17% |
DECK's revenue has grown year over year every quarter since late 2020: $1.5B last quarter, up 3.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | +3.5 points |
| Q2 2026 | 15% | -1.9 points |
| Q1 2026 | 14% | -3 points |
| Q4 2025 | 31% | +0.3 points |
| Q3 2025 | 23% | -0.4 points |
| Q2 2025 | 17% | +1.1 points |
| Q1 2025 | 17% | +2 points |
| Q4 2024 | 31% | -0.2 points |
DECK has the edge over EBAY on profitability, with a higher operating margin.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over DECK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY's operating margin was 19% last quarter, down 1.2 points from the same quarter a year ago.
DECK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$79.1M | -$65.2M |
| Q2 2026 | $32.7M | +168% |
| Q1 2026 | $78.8M | +$168.2M |
| Q4 2025 | $1B | -4.7% |
| Q3 2025 | -$13.9M | +$99.5M |
| Q2 2025 | $12.2M | -86% |
| Q1 2025 | -$89.4M | -$45.5M |
| Q4 2024 | $1.1B | +16% |
DECK usually generates cash, though not every quarter: the latest was −$79M, but it generated $1.1B over the past year.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over DECK on cash flow, with more consistent year-over-year improvement.
DECK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -3.3M shares |
| 1 year | -8.4% | -12.4M shares |
| 3 years | -14% | -21.8M shares |
| 5 years | -19% | -32.1M shares |
| Available history | -20% | -34.2M shares |
DECK has the edge over EBAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $299.3M |
| Q2 2026 | $338.2M |
| Q1 2026 | $261.6M |
| Q4 2025 | $348.5M |
| Q3 2025 | $282M |
| Q2 2025 | $183M |
| Q1 2025 | $266M |
| Q4 2024 | $44.7M |
DECK spent $1.2B buying back its own shares over the past year, up 61% from the year before.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has 453M diluted shares, down 3% from a year ago, with $2.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
DECK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -1.2x | Net Cash |
| Q1 2026 | -1.4x | Net Cash |
| Q4 2025 | -1.5x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
DECK has the edge over EBAY on leverage, with a lower net debt burden relative to earnings.
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
DECK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.6 | Neutral |
| Stochastic | 30.4 | Neutral |
DECK's weekly RSI is 43 (neutral) and its Stochastic is 30 (neutral).
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
DECK PE vs Consumer Cyclical Sector
| Metric | DECK | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 38% below |
| PE % | 1 | 47 | 46 pts below |
DECK has the edge over EBAY on valuation relative to its sector.
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
DECK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.6 | 2.3% above |
| 20 week MA | $89.3 | 5.4% below |
| 50 week MA | $99.3 | 15% below |
| 100 week MA | $111.3 | 24% below |
| 200 week MA | $116.1 | 27% below |
DECK has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 27% below its 200-week average.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over DECK on trend strength, trading above more of its moving averages.
DECK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.9 | $48.8 | +75% |
| 2021 | $48.8 | $59.4 | +22% |
| 2022 | $59.4 | $65.2 | +9.6% |
| 2023 | $65.2 | $111.4 | +71% |
| 2024 | $111.4 | $207.1 | +86% |
| 2025 | $207.1 | $103.1 | -50% |
| 2026 YTD | $103.1 | $84.5 | -18% |
DECK has finished higher in five of the last six years, three of them by more than 50%. It's down 18% so far in 2026.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has the edge over DECK on returns for 2026, with the stronger performance.