vs

Side-by-side financial comparison of Deckers Brands (DECK) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $2.0B, roughly 1.9× Deckers Brands). Deckers Brands runs the higher net margin — 24.6% vs 20.4%, a 4.2% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs 7.1%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $1.0B). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs 8.1%).

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.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

DECK vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.9× larger
STT
$3.7B
$2.0B
DECK
Growing faster (revenue YoY)
STT
STT
+0.3% gap
STT
7.5%
7.1%
DECK
Higher net margin
DECK
DECK
4.2% more per $
DECK
24.6%
20.4%
STT
More free cash flow
STT
STT
$8.8B more FCF
STT
$9.8B
$1.0B
DECK
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
8.1%
STT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DECK
DECK
STT
STT
Revenue
$2.0B
$3.7B
Net Profit
$481.1M
$747.0M
Gross Margin
59.8%
Operating Margin
31.4%
25.0%
Net Margin
24.6%
20.4%
Revenue YoY
7.1%
7.5%
Net Profit YoY
5.3%
-4.6%
EPS (diluted)
$3.33
$2.41

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
DECK
DECK
STT
STT
Q4 25
$2.0B
$3.7B
Q3 25
$1.4B
$3.5B
Q2 25
$964.5M
$3.4B
Q1 25
$1.0B
$3.3B
Q4 24
$1.8B
$3.4B
Q3 24
$1.3B
$3.3B
Q2 24
$825.3M
$3.2B
Q1 24
$959.8M
$3.1B
Net Profit
DECK
DECK
STT
STT
Q4 25
$481.1M
$747.0M
Q3 25
$268.2M
$861.0M
Q2 25
$139.2M
$693.0M
Q1 25
$151.4M
$644.0M
Q4 24
$456.7M
$783.0M
Q3 24
$242.3M
$730.0M
Q2 24
$115.6M
$711.0M
Q1 24
$127.5M
$463.0M
Gross Margin
DECK
DECK
STT
STT
Q4 25
59.8%
Q3 25
56.2%
Q2 25
55.8%
Q1 25
56.7%
Q4 24
60.3%
Q3 24
55.9%
Q2 24
56.9%
Q1 24
56.2%
Operating Margin
DECK
DECK
STT
STT
Q4 25
31.4%
25.0%
Q3 25
22.8%
31.1%
Q2 25
17.1%
25.8%
Q1 25
17.0%
25.0%
Q4 24
31.0%
28.1%
Q3 24
23.3%
28.4%
Q2 24
16.1%
28.6%
Q1 24
15.0%
19.1%
Net Margin
DECK
DECK
STT
STT
Q4 25
24.6%
20.4%
Q3 25
18.7%
24.3%
Q2 25
14.4%
20.1%
Q1 25
14.8%
19.6%
Q4 24
25.0%
22.9%
Q3 24
18.5%
22.4%
Q2 24
14.0%
22.3%
Q1 24
13.3%
14.8%
EPS (diluted)
DECK
DECK
STT
STT
Q4 25
$3.33
$2.41
Q3 25
$1.82
$2.78
Q2 25
$0.93
$2.17
Q1 25
$-2.78
$2.04
Q4 24
$3.00
$2.43
Q3 24
$1.59
$2.26
Q2 24
$4.52
$2.15
Q1 24
$4.82
$1.37

Balance Sheet & Financial Strength

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

Metric
DECK
DECK
STT
STT
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$27.8B
Total Assets
$4.1B
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DECK
DECK
STT
STT
Q4 25
$2.1B
Q3 25
$1.4B
Q2 25
$1.7B
Q1 25
$1.9B
Q4 24
$2.2B
Q3 24
$1.2B
Q2 24
$1.4B
Q1 24
$1.5B
Stockholders' Equity
DECK
DECK
STT
STT
Q4 25
$2.6B
$27.8B
Q3 25
$2.5B
$27.6B
Q2 25
$2.5B
$27.3B
Q1 25
$2.5B
$26.7B
Q4 24
$2.6B
$25.3B
Q3 24
$2.2B
$25.8B
Q2 24
$2.1B
$24.8B
Q1 24
$2.1B
$24.4B
Total Assets
DECK
DECK
STT
STT
Q4 25
$4.1B
$366.0B
Q3 25
$3.8B
$371.1B
Q2 25
$3.8B
$376.7B
Q1 25
$3.6B
$372.7B
Q4 24
$4.0B
$353.2B
Q3 24
$3.4B
$338.5B
Q2 24
$3.3B
$325.6B
Q1 24
$3.1B
$338.0B

Cash Flow & Capital Efficiency

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

Metric
DECK
DECK
STT
STT
Operating Cash FlowLast quarter
$1.0B
$10.0B
Free Cash FlowOCF − Capex
$1.0B
$9.8B
FCF MarginFCF / Revenue
52.1%
266.6%
Capex IntensityCapex / Revenue
1.1%
7.3%
Cash ConversionOCF / Net Profit
2.17×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$929.1M
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DECK
DECK
STT
STT
Q4 25
$1.0B
$10.0B
Q3 25
$8.1M
$7.9B
Q2 25
$36.1M
$-8.4B
Q1 25
$-73.0M
$2.4B
Q4 24
$1.1B
$-7.4B
Q3 24
$-90.5M
$2.7B
Q2 24
$112.7M
$-7.6B
Q1 24
$-28.7M
$-844.0M
Free Cash Flow
DECK
DECK
STT
STT
Q4 25
$1.0B
$9.8B
Q3 25
$-13.9M
$7.7B
Q2 25
$12.2M
$-8.8B
Q1 25
$-89.4M
$2.2B
Q4 24
$1.1B
$-7.7B
Q3 24
$-113.4M
$2.5B
Q2 24
$90.1M
$-7.9B
Q1 24
$-44.0M
$-1.1B
FCF Margin
DECK
DECK
STT
STT
Q4 25
52.1%
266.6%
Q3 25
-1.0%
216.0%
Q2 25
1.3%
-254.1%
Q1 25
-8.8%
66.1%
Q4 24
58.6%
-225.1%
Q3 24
-8.6%
75.9%
Q2 24
10.9%
-246.2%
Q1 24
-4.6%
-34.2%
Capex Intensity
DECK
DECK
STT
STT
Q4 25
1.1%
7.3%
Q3 25
1.5%
6.9%
Q2 25
2.5%
9.3%
Q1 25
1.6%
6.9%
Q4 24
1.3%
7.3%
Q3 24
1.7%
7.2%
Q2 24
2.7%
6.7%
Q1 24
1.6%
7.3%
Cash Conversion
DECK
DECK
STT
STT
Q4 25
2.17×
13.44×
Q3 25
0.03×
9.18×
Q2 25
0.26×
-12.18×
Q1 25
-0.48×
3.72×
Q4 24
2.40×
-9.49×
Q3 24
-0.37×
3.71×
Q2 24
0.97×
-10.75×
Q1 24
-0.22×
-1.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DECK
DECK

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

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

Related Comparisons