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ANTERO RESOURCES Corp（AR）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ANTERO RESOURCES Corp的1.4倍（$2.0B vs $1.4B），Deckers Brands同比增速更快（7.1% vs -30.5%），Deckers Brands自由现金流更多（$1.0B vs $235.6M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 17.6%）
Antero Resources Corporation是一家美国油气勘探企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开展开采作业，深耕北美本土油气资源开发领域。
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。
AR vs DECK — 直观对比
营收规模更大
DECK
是对方的1.4倍
$1.4B
营收增速更快
DECK
高出37.6%
-30.5%
自由现金流更多
DECK
多$784.7M
$235.6M
两年增速更快
DECK
近两年复合增速
17.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.0B |
| 净利润 | — | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | 20.1% | 31.4% |
| 净利率 | — | 24.6% |
| 营收同比 | -30.5% | 7.1% |
| 净利润同比 | — | 5.3% |
| 每股收益（稀释后） | $0.66 | $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ARDECK
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.3B | $964.5M | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $978.7M | $825.3M |
净利润ARDECK
| Q1 26 | — | — | ||
| Q4 25 | $202.9M | $481.1M | ||
| Q3 25 | $85.6M | $268.2M | ||
| Q2 25 | $166.6M | $139.2M | ||
| Q1 25 | $219.5M | $151.4M | ||
| Q4 24 | $158.8M | $456.7M | ||
| Q3 24 | $-25.2M | $242.3M | ||
| Q2 24 | $-74.6M | $115.6M |
毛利率ARDECK
| Q1 26 | — | — | ||
| 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% |
营业利润率ARDECK
| Q1 26 | 20.1% | — | ||
| Q4 25 | 20.5% | 31.4% | ||
| Q3 25 | 9.7% | 22.8% | ||
| Q2 25 | 15.8% | 17.1% | ||
| Q1 25 | 20.1% | 17.0% | ||
| Q4 24 | 4.9% | 31.0% | ||
| Q3 24 | -2.4% | 23.3% | ||
| Q2 24 | -8.2% | 16.1% |
净利率ARDECK
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | 24.6% | ||
| Q3 25 | 7.1% | 18.7% | ||
| Q2 25 | 12.8% | 14.4% | ||
| Q1 25 | 16.2% | 14.8% | ||
| Q4 24 | 13.6% | 25.0% | ||
| Q3 24 | -2.4% | 18.5% | ||
| Q2 24 | -7.6% | 14.0% |
每股收益（稀释后）ARDECK
| Q1 26 | $0.66 | — | ||
| Q4 25 | $0.63 | $3.33 | ||
| Q3 25 | $0.24 | $1.82 | ||
| Q2 25 | $0.50 | $0.93 | ||
| Q1 25 | $0.66 | $-2.78 | ||
| Q4 24 | $0.48 | $3.00 | ||
| Q3 24 | $-0.11 | $1.59 | ||
| Q2 24 | $-0.26 | $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 | — | $2.1B |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $7.6B | $2.6B |
| 总资产 | $13.2B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资ARDECK
| Q1 26 | — | — | ||
| 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 |
总债务ARDECK
| Q1 26 | $1.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ARDECK
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.6B | $2.6B | ||
| Q3 25 | $7.3B | $2.5B | ||
| Q2 25 | $7.3B | $2.5B | ||
| Q1 25 | $7.2B | $2.5B | ||
| Q4 24 | $7.0B | $2.6B | ||
| Q3 24 | $7.0B | $2.2B | ||
| Q2 24 | $7.0B | $2.1B |
总资产ARDECK
| Q1 26 | $13.2B | — | ||
| Q4 25 | $13.2B | $4.1B | ||
| Q3 25 | $12.9B | $3.8B | ||
| Q2 25 | $12.8B | $3.8B | ||
| Q1 25 | $13.0B | $3.6B | ||
| Q4 24 | $13.0B | $4.0B | ||
| Q3 24 | $13.2B | $3.4B | ||
| Q2 24 | $13.4B | $3.3B |
负债/权益比ARDECK
| Q1 26 | 0.19× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $457.7M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $235.6M | $1.0B |
| 自由现金流率自由现金流/营收 | 17.4% | 52.1% |
| 资本支出强度资本支出/营收 | — | 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 | — | $929.1M |
8季度趋势，按日历期对齐
经营现金流ARDECK
| Q1 26 | $457.7M | — | ||
| Q4 25 | $370.7M | $1.0B | ||
| Q3 25 | $310.1M | $8.1M | ||
| Q2 25 | $492.4M | $36.1M | ||
| Q1 25 | $457.7M | $-73.0M | ||
| Q4 24 | $278.0M | $1.1B | ||
| Q3 24 | $166.2M | $-90.5M | ||
| Q2 24 | $143.5M | $112.7M |
自由现金流ARDECK
| Q1 26 | $235.6M | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $-13.9M | ||
| Q2 25 | — | $12.2M | ||
| Q1 25 | — | $-89.4M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $-113.4M | ||
| Q2 24 | — | $90.1M |
自由现金流率ARDECK
| Q1 26 | 17.4% | — | ||
| Q4 25 | — | 52.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | -8.8% | ||
| Q4 24 | — | 58.6% | ||
| Q3 24 | — | -8.6% | ||
| Q2 24 | — | 10.9% |
资本支出强度ARDECK
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.7% |
现金转化率ARDECK
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | 2.17× | ||
| Q3 25 | 3.62× | 0.03× | ||
| Q2 25 | 2.96× | 0.26× | ||
| Q1 25 | 2.09× | -0.48× | ||
| Q4 24 | 1.75× | 2.40× | ||
| Q3 24 | — | -0.37× | ||
| Q2 24 | — | 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
AR
| Natural gas sales | $780.0M | 58% |
| Natural gas liquids sales | $561.4M | 42% |
| Oil sales | $50.3M | 4% |
| Other revenue and income | $818.0K | 0% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
