vs
欧特克（ADSK）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是欧特克的1.0倍（$2.0B vs $2.0B），Deckers Brands净利率更高（24.6% vs 16.1%，领先8.4%），欧特克同比增速更快（19.4% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $972.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 17.5%）
欧特克是美国跨国软件企业，总部位于加利福尼亚州旧金山，在全球各地设有办事处，美国境内亦于俄勒冈、科罗拉多、得克萨斯、密歇根等多州布局办公网点，为建筑、工程、施工、制造、传媒、教育、娱乐等多领域客户提供专业软件产品及配套服务。
Deckers Brands是1973年成立的美国鞋履设计与分销企业，总部位于加利福尼亚州戈利塔，由道格·奥托与卡尔·F·洛普克共同创立。公司旗下拥有UGG、Teva、Hoka等全球知名鞋履品牌，产品覆盖休闲、户外等多个领域，销往世界多地。
ADSK vs DECK — 直观对比
营收规模更大
DECK
是对方的1.0倍
$2.0B
营收增速更快
ADSK
高出12.3%
7.1%
净利率更高
DECK
高出8.4%
16.1%
自由现金流更多
DECK
多$48.3M
$972.0M
两年增速更快
DECK
近两年复合增速
17.5%
损益表 — Q4 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.0B |
| 净利润 | $316.0M | $481.1M |
| 毛利率 | 91.5% | 59.8% |
| 营业利润率 | 22.0% | 31.4% |
| 净利率 | 16.1% | 24.6% |
| 营收同比 | 19.4% | 7.1% |
| 净利润同比 | 4.3% | 5.3% |
| 每股收益（稀释后） | $1.47 | $3.33 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ADSKDECK
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | $2.0B | ||
| Q3 25 | $1.8B | $1.4B | ||
| Q2 25 | $1.6B | $964.5M | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.4B | $825.3M |
净利润ADSKDECK
| Q1 26 | $316.0M | — | ||
| Q4 25 | $343.0M | $481.1M | ||
| Q3 25 | $313.0M | $268.2M | ||
| Q2 25 | $152.0M | $139.2M | ||
| Q1 25 | $303.0M | $151.4M | ||
| Q4 24 | $275.0M | $456.7M | ||
| Q3 24 | $282.0M | $242.3M | ||
| Q2 24 | $252.0M | $115.6M |
毛利率ADSKDECK
| Q1 26 | 91.5% | — | ||
| Q4 25 | 91.1% | 59.8% | ||
| Q3 25 | 91.0% | 56.2% | ||
| Q2 25 | 90.2% | 55.8% | ||
| Q1 25 | 90.6% | 56.7% | ||
| Q4 24 | 90.6% | 60.3% | ||
| Q3 24 | 90.7% | 55.9% | ||
| Q2 24 | 90.3% | 56.9% |
营业利润率ADSKDECK
| Q1 26 | 22.0% | — | ||
| Q4 25 | 25.4% | 31.4% | ||
| Q3 25 | 25.2% | 22.8% | ||
| Q2 25 | 14.3% | 17.1% | ||
| Q1 25 | 22.3% | 17.0% | ||
| Q4 24 | 22.0% | 31.0% | ||
| Q3 24 | 22.8% | 23.3% | ||
| Q2 24 | 21.1% | 16.1% |
净利率ADSKDECK
| Q1 26 | 16.1% | — | ||
| Q4 25 | 18.5% | 24.6% | ||
| Q3 25 | 17.8% | 18.7% | ||
| Q2 25 | 9.3% | 14.4% | ||
| Q1 25 | 18.5% | 14.8% | ||
| Q4 24 | 17.5% | 25.0% | ||
| Q3 24 | 18.7% | 18.5% | ||
| Q2 24 | 17.8% | 14.0% |
每股收益（稀释后）ADSKDECK
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.60 | $3.33 | ||
| Q3 25 | $1.46 | $1.82 | ||
| Q2 25 | $0.70 | $0.93 | ||
| Q1 25 | $1.39 | $-2.78 | ||
| Q4 24 | $1.27 | $3.00 | ||
| Q3 24 | $1.30 | $1.59 | ||
| Q2 24 | $1.16 | $4.52 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.6B | $2.1B |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $3.0B | $2.6B |
| 总资产 | $12.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.82× | — |
8季度趋势，按日历期对齐
现金及短期投资ADSKDECK
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.3B | $2.1B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $1.7B | $2.2B | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $2.0B | $1.4B |
总债务ADSKDECK
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益ADSKDECK
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $2.6B | ||
| Q3 25 | $2.7B | $2.5B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $2.6B | $2.5B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.5B | $2.2B | ||
| Q2 24 | $2.2B | $2.1B |
总资产ADSKDECK
| Q1 26 | $12.5B | — | ||
| Q4 25 | $11.2B | $4.1B | ||
| Q3 25 | $10.9B | $3.8B | ||
| Q2 25 | $10.6B | $3.8B | ||
| Q1 25 | $10.8B | $3.6B | ||
| Q4 24 | $10.1B | $4.0B | ||
| Q3 24 | $10.0B | $3.4B | ||
| Q2 24 | $9.8B | $3.3B |
负债/权益比ADSKDECK
| Q1 26 | 0.82× | — | ||
| Q4 25 | 0.86× | — | ||
| Q3 25 | 0.92× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.06× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $989.0M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $972.0M | $1.0B |
| 自由现金流率自由现金流/营收 | 49.7% | 52.1% |
| 资本支出强度资本支出/营收 | 0.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.13× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $2.4B | $929.1M |
8季度趋势，按日历期对齐
经营现金流ADSKDECK
| Q1 26 | $989.0M | — | ||
| Q4 25 | $439.0M | $1.0B | ||
| Q3 25 | $460.0M | $8.1M | ||
| Q2 25 | $564.0M | $36.1M | ||
| Q1 25 | $692.0M | $-73.0M | ||
| Q4 24 | $209.0M | $1.1B | ||
| Q3 24 | $212.0M | $-90.5M | ||
| Q2 24 | $494.0M | $112.7M |
自由现金流ADSKDECK
| Q1 26 | $972.0M | — | ||
| Q4 25 | $430.0M | $1.0B | ||
| Q3 25 | $451.0M | $-13.9M | ||
| Q2 25 | $556.0M | $12.2M | ||
| Q1 25 | $678.0M | $-89.4M | ||
| Q4 24 | $199.0M | $1.1B | ||
| Q3 24 | $203.0M | $-113.4M | ||
| Q2 24 | $487.0M | $90.1M |
自由现金流率ADSKDECK
| Q1 26 | 49.7% | — | ||
| Q4 25 | 23.2% | 52.1% | ||
| Q3 25 | 25.6% | -1.0% | ||
| Q2 25 | 34.0% | 1.3% | ||
| Q1 25 | 41.4% | -8.8% | ||
| Q4 24 | 12.7% | 58.6% | ||
| Q3 24 | 13.5% | -8.6% | ||
| Q2 24 | 34.4% | 10.9% |
资本支出强度ADSKDECK
| Q1 26 | 0.9% | — | ||
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.5% | 1.5% | ||
| Q2 25 | 0.5% | 2.5% | ||
| Q1 25 | 0.9% | 1.6% | ||
| Q4 24 | 0.6% | 1.3% | ||
| Q3 24 | 0.6% | 1.7% | ||
| Q2 24 | 0.5% | 2.7% |
现金转化率ADSKDECK
| Q1 26 | 3.13× | — | ||
| Q4 25 | 1.28× | 2.17× | ||
| Q3 25 | 1.47× | 0.03× | ||
| Q2 25 | 3.71× | 0.26× | ||
| Q1 25 | 2.28× | -0.48× | ||
| Q4 24 | 0.76× | 2.40× | ||
| Q3 24 | 0.75× | -0.37× | ||
| Q2 24 | 1.96× | 0.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ADSK
| Sales Channel Through Intermediary | $602.0M | 31% |
| Auto CA Dand Auto CADLT Family | $478.0M | 24% |
| Manufacturing | $381.0M | 19% |
| Make | $218.0M | 11% |
| Other | $130.0M | 7% |
| Other Research And Development | $129.0M | 7% |
| Maintenance | $8.0M | 0% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
