vs
agilon health, inc.（AGL）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agilon health, inc.的1.2倍（$2.0B vs $1.6B），Deckers Brands净利率更高（24.6% vs -12.0%，领先36.6%），Deckers Brands同比增速更快（7.1% vs 3.1%），Deckers Brands自由现金流更多（$1.0B vs $-23.5M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -1.1%）
agilon health是一家美国医疗保健企业，主要与基层医疗服务提供者合作，为联邦医疗保险覆盖的老年群体提供价值导向型医疗解决方案，为医生提供行政支持、临床工具及风险管理框架，在提升诊疗效果的同时降低医疗成本，业务覆盖美国20余个州。
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。
AGL vs DECK — 直观对比
营收规模更大
DECK
是对方的1.2倍
$1.6B
营收增速更快
DECK
高出4.0%
3.1%
净利率更高
DECK
高出36.6%
-12.0%
自由现金流更多
DECK
多$1.0B
$-23.5M
两年增速更快
DECK
近两年复合增速
-1.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.0B |
| 净利润 | $-188.9M | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | -12.3% | 31.4% |
| 净利率 | -12.0% | 24.6% |
| 营收同比 | 3.1% | 7.1% |
| 净利润同比 | -78.5% | 5.3% |
| 每股收益（稀释后） | — | $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AGLDECK
| Q4 25 | $1.6B | $2.0B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $964.5M | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $825.3M | ||
| Q1 24 | $1.6B | $959.8M |
净利润AGLDECK
| Q4 25 | $-188.9M | $481.1M | ||
| Q3 25 | $-110.2M | $268.2M | ||
| Q2 25 | $-104.4M | $139.2M | ||
| Q1 25 | $12.1M | $151.4M | ||
| Q4 24 | $-105.8M | $456.7M | ||
| Q3 24 | $-117.6M | $242.3M | ||
| Q2 24 | $-30.7M | $115.6M | ||
| Q1 24 | $-6.1M | $127.5M |
毛利率AGLDECK
| 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% |
营业利润率AGLDECK
| Q4 25 | -12.3% | 31.4% | ||
| Q3 25 | -9.1% | 22.8% | ||
| Q2 25 | -8.3% | 17.1% | ||
| Q1 25 | -1.4% | 17.0% | ||
| Q4 24 | -7.1% | 31.0% | ||
| Q3 24 | -9.2% | 23.3% | ||
| Q2 24 | -2.9% | 16.1% | ||
| Q1 24 | -0.4% | 15.0% |
净利率AGLDECK
| Q4 25 | -12.0% | 24.6% | ||
| Q3 25 | -7.7% | 18.7% | ||
| Q2 25 | -7.5% | 14.4% | ||
| Q1 25 | 0.8% | 14.8% | ||
| Q4 24 | -6.9% | 25.0% | ||
| Q3 24 | -8.1% | 18.5% | ||
| Q2 24 | -2.1% | 14.0% | ||
| Q1 24 | -0.4% | 13.3% |
每股收益（稀释后）AGLDECK
| Q4 25 | — | $3.33 | ||
| Q3 25 | — | $1.82 | ||
| Q2 25 | — | $0.93 | ||
| Q1 25 | — | $-2.78 | ||
| Q4 24 | — | $3.00 | ||
| Q3 24 | — | $1.59 | ||
| Q2 24 | — | $4.52 | ||
| Q1 24 | — | $4.82 |
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 | $173.7M | $2.1B |
| 总债务越低越好 | $35.0M | — |
| 股东权益账面价值 | $126.7M | $2.6B |
| 总资产 | $1.3B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资AGLDECK
| Q4 25 | $173.7M | $2.1B | ||
| Q3 25 | $171.7M | $1.4B | ||
| Q2 25 | $171.4M | $1.7B | ||
| Q1 25 | $136.9M | $1.9B | ||
| Q4 24 | $188.2M | $2.2B | ||
| Q3 24 | $148.2M | $1.2B | ||
| Q2 24 | $109.5M | $1.4B | ||
| Q1 24 | $111.7M | $1.5B |
总债务AGLDECK
| Q4 25 | $35.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AGLDECK
| Q4 25 | $126.7M | $2.6B | ||
| Q3 25 | $306.1M | $2.5B | ||
| Q2 25 | $408.9M | $2.5B | ||
| Q1 25 | $500.3M | $2.5B | ||
| Q4 24 | $471.0M | $2.6B | ||
| Q3 24 | $574.9M | $2.2B | ||
| Q2 24 | $676.6M | $2.1B | ||
| Q1 24 | $689.3M | $2.1B |
总资产AGLDECK
| Q4 25 | $1.3B | $4.1B | ||
| Q3 25 | $1.6B | $3.8B | ||
| Q2 25 | $1.7B | $3.8B | ||
| Q1 25 | $1.9B | $3.6B | ||
| Q4 24 | $1.7B | $4.0B | ||
| Q3 24 | $2.1B | $3.4B | ||
| Q2 24 | $2.2B | $3.3B | ||
| Q1 24 | $2.3B | $3.1B |
负债/权益比AGLDECK
| Q4 25 | 0.28× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-20.5M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $-23.5M | $1.0B |
| 自由现金流率自由现金流/营收 | -1.5% | 52.1% |
| 资本支出强度资本支出/营收 | 0.2% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.17× |
| 过去12个月自由现金流最近4个季度 | $-119.0M | $929.1M |
8季度趋势，按日历期对齐
经营现金流AGLDECK
| Q4 25 | $-20.5M | $1.0B | ||
| Q3 25 | $-18.2M | $8.1M | ||
| Q2 25 | $-35.1M | $36.1M | ||
| Q1 25 | $-32.0M | $-73.0M | ||
| Q4 24 | $16.4M | $1.1B | ||
| Q3 24 | $-7.7M | $-90.5M | ||
| Q2 24 | $-18.7M | $112.7M | ||
| Q1 24 | $-47.8M | $-28.7M |
自由现金流AGLDECK
| Q4 25 | $-23.5M | $1.0B | ||
| Q3 25 | $-21.3M | $-13.9M | ||
| Q2 25 | $-38.3M | $12.2M | ||
| Q1 25 | $-35.8M | $-89.4M | ||
| Q4 24 | $13.2M | $1.1B | ||
| Q3 24 | $-11.2M | $-113.4M | ||
| Q2 24 | $-22.0M | $90.1M | ||
| Q1 24 | $-50.9M | $-44.0M |
自由现金流率AGLDECK
| Q4 25 | -1.5% | 52.1% | ||
| Q3 25 | -1.5% | -1.0% | ||
| Q2 25 | -2.7% | 1.3% | ||
| Q1 25 | -2.3% | -8.8% | ||
| Q4 24 | 0.9% | 58.6% | ||
| Q3 24 | -0.8% | -8.6% | ||
| Q2 24 | -1.5% | 10.9% | ||
| Q1 24 | -3.2% | -4.6% |
资本支出强度AGLDECK
| Q4 25 | 0.2% | 1.1% | ||
| Q3 25 | 0.2% | 1.5% | ||
| Q2 25 | 0.2% | 2.5% | ||
| Q1 25 | 0.3% | 1.6% | ||
| Q4 24 | 0.2% | 1.3% | ||
| Q3 24 | 0.2% | 1.7% | ||
| Q2 24 | 0.2% | 2.7% | ||
| Q1 24 | 0.2% | 1.6% |
现金转化率AGLDECK
| Q4 25 | — | 2.17× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | -2.64× | -0.48× | ||
| Q4 24 | — | 2.40× | ||
| Q3 24 | — | -0.37× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | -0.22× |
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
AGL
| Medical Services | $1.6B | 100% |
| Other Operating | $2.5M | 0% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
