vs

Side-by-side financial comparison of TopBuild Corp (BLD) and Deckers Brands (DECK). Click either name above to swap in a different company.

Deckers Brands is the larger business by last-quarter revenue ($2.0B vs $1.5B, roughly 1.3× TopBuild Corp). Deckers Brands runs the higher net margin — 24.6% vs 7.0%, a 17.5% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs 7.1%). Deckers Brands produced more free cash flow last quarter ($1.0B vs $159.4M). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs 7.8%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

BLD vs DECK — Head-to-Head

Bigger by revenue
DECK
DECK
1.3× larger
DECK
$2.0B
$1.5B
BLD
Growing faster (revenue YoY)
BLD
BLD
+6.1% gap
BLD
13.2%
7.1%
DECK
Higher net margin
DECK
DECK
17.5% more per $
DECK
24.6%
7.0%
BLD
More free cash flow
DECK
DECK
$860.9M more FCF
DECK
$1.0B
$159.4M
BLD
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
7.8%
BLD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BLD
BLD
DECK
DECK
Revenue
$1.5B
$2.0B
Net Profit
$104.5M
$481.1M
Gross Margin
27.2%
59.8%
Operating Margin
12.1%
31.4%
Net Margin
7.0%
24.6%
Revenue YoY
13.2%
7.1%
Net Profit YoY
-30.6%
5.3%
EPS (diluted)
$3.69
$3.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLD
BLD
DECK
DECK
Q4 25
$1.5B
$2.0B
Q3 25
$1.4B
$1.4B
Q2 25
$1.3B
$964.5M
Q1 25
$1.2B
$1.0B
Q4 24
$1.3B
$1.8B
Q3 24
$1.4B
$1.3B
Q2 24
$1.4B
$825.3M
Q1 24
$1.3B
$959.8M
Net Profit
BLD
BLD
DECK
DECK
Q4 25
$104.5M
$481.1M
Q3 25
$142.2M
$268.2M
Q2 25
$151.6M
$139.2M
Q1 25
$123.4M
$151.4M
Q4 24
$150.5M
$456.7M
Q3 24
$169.0M
$242.3M
Q2 24
$150.7M
$115.6M
Q1 24
$152.4M
$127.5M
Gross Margin
BLD
BLD
DECK
DECK
Q4 25
27.2%
59.8%
Q3 25
30.1%
56.2%
Q2 25
30.4%
55.8%
Q1 25
28.5%
56.7%
Q4 24
29.9%
60.3%
Q3 24
30.7%
55.9%
Q2 24
31.0%
56.9%
Q1 24
30.3%
56.2%
Operating Margin
BLD
BLD
DECK
DECK
Q4 25
12.1%
31.4%
Q3 25
15.4%
22.8%
Q2 25
16.9%
17.1%
Q1 25
14.4%
17.0%
Q4 24
16.6%
31.0%
Q3 24
17.8%
23.3%
Q2 24
15.4%
16.1%
Q1 24
16.8%
15.0%
Net Margin
BLD
BLD
DECK
DECK
Q4 25
7.0%
24.6%
Q3 25
10.2%
18.7%
Q2 25
11.7%
14.4%
Q1 25
10.0%
14.8%
Q4 24
11.5%
25.0%
Q3 24
12.3%
18.5%
Q2 24
11.0%
14.0%
Q1 24
11.9%
13.3%
EPS (diluted)
BLD
BLD
DECK
DECK
Q4 25
$3.69
$3.33
Q3 25
$5.04
$1.82
Q2 25
$5.32
$0.93
Q1 25
$4.23
$-2.78
Q4 24
$5.07
$3.00
Q3 24
$5.65
$1.59
Q2 24
$4.78
$4.52
Q1 24
$4.79
$4.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLD
BLD
DECK
DECK
Cash + ST InvestmentsLiquidity on hand
$184.7M
$2.1B
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$2.3B
$2.6B
Total Assets
$6.6B
$4.1B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
DECK
DECK
Q4 25
$184.7M
$2.1B
Q3 25
$1.1B
$1.4B
Q2 25
$842.5M
$1.7B
Q1 25
$308.8M
$1.9B
Q4 24
$400.3M
$2.2B
Q3 24
$257.3M
$1.2B
Q2 24
$463.2M
$1.4B
Q1 24
$968.8M
$1.5B
Total Debt
BLD
BLD
DECK
DECK
Q4 25
$2.8B
Q3 25
$2.9B
Q2 25
$1.9B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BLD
BLD
DECK
DECK
Q4 25
$2.3B
$2.6B
Q3 25
$2.2B
$2.5B
Q2 25
$2.1B
$2.5B
Q1 25
$2.1B
$2.5B
Q4 24
$2.2B
$2.6B
Q3 24
$2.1B
$2.2B
Q2 24
$2.4B
$2.1B
Q1 24
$2.7B
$2.1B
Total Assets
BLD
BLD
DECK
DECK
Q4 25
$6.6B
$4.1B
Q3 25
$6.4B
$3.8B
Q2 25
$5.1B
$3.8B
Q1 25
$4.6B
$3.6B
Q4 24
$4.7B
$4.0B
Q3 24
$4.7B
$3.4B
Q2 24
$4.9B
$3.3B
Q1 24
$5.3B
$3.1B
Debt / Equity
BLD
BLD
DECK
DECK
Q4 25
1.23×
Q3 25
1.29×
Q2 25
0.88×
Q1 25
0.65×
Q4 24
0.62×
Q3 24
0.66×
Q2 24
0.59×
Q1 24
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLD
BLD
DECK
DECK
Operating Cash FlowLast quarter
$176.7M
$1.0B
Free Cash FlowOCF − Capex
$159.4M
$1.0B
FCF MarginFCF / Revenue
10.7%
52.1%
Capex IntensityCapex / Revenue
1.2%
1.1%
Cash ConversionOCF / Net Profit
1.69×
2.17×
TTM Free Cash FlowTrailing 4 quarters
$696.9M
$929.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
DECK
DECK
Q4 25
$176.7M
$1.0B
Q3 25
$233.3M
$8.1M
Q2 25
$193.7M
$36.1M
Q1 25
$152.6M
$-73.0M
Q4 24
$266.2M
$1.1B
Q3 24
$240.7M
$-90.5M
Q2 24
$90.4M
$112.7M
Q1 24
$178.8M
$-28.7M
Free Cash Flow
BLD
BLD
DECK
DECK
Q4 25
$159.4M
$1.0B
Q3 25
$216.2M
$-13.9M
Q2 25
$182.2M
$12.2M
Q1 25
$139.2M
$-89.4M
Q4 24
$253.7M
$1.1B
Q3 24
$219.8M
$-113.4M
Q2 24
$74.3M
$90.1M
Q1 24
$158.9M
$-44.0M
FCF Margin
BLD
BLD
DECK
DECK
Q4 25
10.7%
52.1%
Q3 25
15.5%
-1.0%
Q2 25
14.0%
1.3%
Q1 25
11.3%
-8.8%
Q4 24
19.3%
58.6%
Q3 24
16.0%
-8.6%
Q2 24
5.4%
10.9%
Q1 24
12.4%
-4.6%
Capex Intensity
BLD
BLD
DECK
DECK
Q4 25
1.2%
1.1%
Q3 25
1.2%
1.5%
Q2 25
0.9%
2.5%
Q1 25
1.1%
1.6%
Q4 24
1.0%
1.3%
Q3 24
1.5%
1.7%
Q2 24
1.2%
2.7%
Q1 24
1.6%
1.6%
Cash Conversion
BLD
BLD
DECK
DECK
Q4 25
1.69×
2.17×
Q3 25
1.64×
0.03×
Q2 25
1.28×
0.26×
Q1 25
1.24×
-0.48×
Q4 24
1.77×
2.40×
Q3 24
1.42×
-0.37×
Q2 24
0.60×
0.97×
Q1 24
1.17×
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLD
BLD

Distribution Segment$755.4M51%
Residential$557.9M38%
All Other Products$91.9M6%
Glass And Windows$51.5M3%
Rain Gutters$27.1M2%

DECK
DECK

UGG Brand Segment$1.3B67%
Hoka Brand Segment$628.9M32%
Other Brands Segment$23.2M1%

Related Comparisons