vs
APi Group Corp（APG）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
APi Group Corp的季度营收约是Deckers Brands的1.1倍（$2.1B vs $2.0B），Deckers Brands净利率更高（24.6% vs 4.6%，领先20.0%），APi Group Corp同比增速更快（13.8% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $356.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 15.0%）
xAI是埃隆·马斯克2023年创立的美国科技企业，为航天企业SpaceX的全资子公司，业务覆盖人工智能、社交媒体领域，核心产品包括生成式AI聊天机器人Grok，以及2025年3月收购的社交媒体平台X。
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。
APG vs DECK — 直观对比
营收规模更大
APG
是对方的1.1倍
$2.0B
营收增速更快
APG
高出6.6%
7.1%
净利率更高
DECK
高出20.0%
4.6%
自由现金流更多
DECK
多$664.3M
$356.0M
两年增速更快
DECK
近两年复合增速
15.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.0B |
| 净利润 | $97.0M | $481.1M |
| 毛利率 | 32.0% | 59.8% |
| 营业利润率 | 7.7% | 31.4% |
| 净利率 | 4.6% | 24.6% |
| 营收同比 | 13.8% | 7.1% |
| 净利润同比 | 44.8% | 5.3% |
| 每股收益（稀释后） | $-1.16 | $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APGDECK
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.0B | $964.5M | ||
| Q1 25 | $1.7B | $1.0B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.7B | $825.3M | ||
| Q1 24 | $1.6B | $959.8M |
净利润APGDECK
| Q4 25 | $97.0M | $481.1M | ||
| Q3 25 | $93.0M | $268.2M | ||
| Q2 25 | $77.0M | $139.2M | ||
| Q1 25 | $35.0M | $151.4M | ||
| Q4 24 | $67.0M | $456.7M | ||
| Q3 24 | $69.0M | $242.3M | ||
| Q2 24 | $69.0M | $115.6M | ||
| Q1 24 | $45.0M | $127.5M |
毛利率APGDECK
| Q4 25 | 32.0% | 59.8% | ||
| Q3 25 | 31.3% | 56.2% | ||
| Q2 25 | 30.9% | 55.8% | ||
| Q1 25 | 31.5% | 56.7% | ||
| Q4 24 | 30.9% | 60.3% | ||
| Q3 24 | 31.1% | 55.9% | ||
| Q2 24 | 31.4% | 56.9% | ||
| Q1 24 | 30.7% | 56.2% |
营业利润率APGDECK
| Q4 25 | 7.7% | 31.4% | ||
| Q3 25 | 7.8% | 22.8% | ||
| Q2 25 | 7.2% | 17.1% | ||
| Q1 25 | 4.9% | 17.0% | ||
| Q4 24 | 6.2% | 31.0% | ||
| Q3 24 | 7.8% | 23.3% | ||
| Q2 24 | 7.3% | 16.1% | ||
| Q1 24 | 6.2% | 15.0% |
净利率APGDECK
| Q4 25 | 4.6% | 24.6% | ||
| Q3 25 | 4.5% | 18.7% | ||
| Q2 25 | 3.9% | 14.4% | ||
| Q1 25 | 2.0% | 14.8% | ||
| Q4 24 | 3.6% | 25.0% | ||
| Q3 24 | 3.8% | 18.5% | ||
| Q2 24 | 4.0% | 14.0% | ||
| Q1 24 | 2.8% | 13.3% |
每股收益（稀释后）APGDECK
| Q4 25 | $-1.16 | $3.33 | ||
| Q3 25 | $0.20 | $1.82 | ||
| Q2 25 | $0.16 | $0.93 | ||
| Q1 25 | $0.11 | $-2.78 | ||
| Q4 24 | $0.05 | $3.00 | ||
| Q3 24 | $0.23 | $1.59 | ||
| Q2 24 | $0.22 | $4.52 | ||
| Q1 24 | $-1.34 | $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 | $912.0M | $2.1B |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $3.4B | $2.6B |
| 总资产 | $8.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APGDECK
| Q4 25 | $912.0M | $2.1B | ||
| Q3 25 | $555.0M | $1.4B | ||
| Q2 25 | $432.0M | $1.7B | ||
| Q1 25 | $460.0M | $1.9B | ||
| Q4 24 | $499.0M | $2.2B | ||
| Q3 24 | $487.0M | $1.2B | ||
| Q2 24 | $324.0M | $1.4B | ||
| Q1 24 | $247.0M | $1.5B |
总债务APGDECK
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.7B | — |
股东权益APGDECK
| Q4 25 | $3.4B | $2.6B | ||
| Q3 25 | $3.3B | $2.5B | ||
| Q2 25 | $3.2B | $2.5B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $3.0B | $2.6B | ||
| Q3 24 | $3.0B | $2.2B | ||
| Q2 24 | $2.8B | $2.1B | ||
| Q1 24 | $2.3B | $2.1B |
总资产APGDECK
| Q4 25 | $8.9B | $4.1B | ||
| Q3 25 | $8.7B | $3.8B | ||
| Q2 25 | $8.5B | $3.8B | ||
| Q1 25 | $8.1B | $3.6B | ||
| Q4 24 | $8.2B | $4.0B | ||
| Q3 24 | $8.2B | $3.4B | ||
| Q2 24 | $8.0B | $3.3B | ||
| Q1 24 | $7.2B | $3.1B |
负债/权益比APGDECK
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | 0.87× | — | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.96× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 1.19× | — |
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 | $382.0M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $356.0M | $1.0B |
| 自由现金流率自由现金流/营收 | 16.8% | 52.1% |
| 资本支出强度资本支出/营收 | 1.2% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.94× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $663.0M | $929.1M |
8季度趋势，按日历期对齐
经营现金流APGDECK
| Q4 25 | $382.0M | $1.0B | ||
| Q3 25 | $232.0M | $8.1M | ||
| Q2 25 | $83.0M | $36.1M | ||
| Q1 25 | $62.0M | $-73.0M | ||
| Q4 24 | $283.0M | $1.1B | ||
| Q3 24 | $220.0M | $-90.5M | ||
| Q2 24 | $110.0M | $112.7M | ||
| Q1 24 | $7.0M | $-28.7M |
自由现金流APGDECK
| Q4 25 | $356.0M | $1.0B | ||
| Q3 25 | $201.0M | $-13.9M | ||
| Q2 25 | $56.0M | $12.2M | ||
| Q1 25 | $50.0M | $-89.4M | ||
| Q4 24 | $265.0M | $1.1B | ||
| Q3 24 | $198.0M | $-113.4M | ||
| Q2 24 | $88.0M | $90.1M | ||
| Q1 24 | $-15.0M | $-44.0M |
自由现金流率APGDECK
| Q4 25 | 16.8% | 52.1% | ||
| Q3 25 | 9.6% | -1.0% | ||
| Q2 25 | 2.8% | 1.3% | ||
| Q1 25 | 2.9% | -8.8% | ||
| Q4 24 | 14.2% | 58.6% | ||
| Q3 24 | 10.8% | -8.6% | ||
| Q2 24 | 5.1% | 10.9% | ||
| Q1 24 | -0.9% | -4.6% |
资本支出强度APGDECK
| Q4 25 | 1.2% | 1.1% | ||
| Q3 25 | 1.5% | 1.5% | ||
| Q2 25 | 1.4% | 2.5% | ||
| Q1 25 | 0.7% | 1.6% | ||
| Q4 24 | 1.0% | 1.3% | ||
| Q3 24 | 1.2% | 1.7% | ||
| Q2 24 | 1.3% | 2.7% | ||
| Q1 24 | 1.4% | 1.6% |
现金转化率APGDECK
| Q4 25 | 3.94× | 2.17× | ||
| Q3 25 | 2.49× | 0.03× | ||
| Q2 25 | 1.08× | 0.26× | ||
| Q1 25 | 1.77× | -0.48× | ||
| Q4 24 | 4.22× | 2.40× | ||
| Q3 24 | 3.19× | -0.37× | ||
| Q2 24 | 1.59× | 0.97× | ||
| Q1 24 | 0.16× | -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
APG
暂无分部数据
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
