vs
Atmos Energy（ATO）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Atmos Energy的1.5倍（$2.0B vs $1.3B），Atmos Energy净利率更高（30.0% vs 24.6%，领先5.4%），Atmos Energy同比增速更快（14.2% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $-725.3M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -9.7%）
Atmos Energy总部位于美国得克萨斯州达拉斯，是美国规模最大的纯天然气分销商之一，业务覆盖美国9个州的1400多个社区，为东起蓝岭山脉、西至落基山脉区域内的约300万天然气用户提供服务。
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。
ATO vs DECK — 直观对比
营收规模更大
DECK
是对方的1.5倍
$1.3B
营收增速更快
ATO
高出7.0%
7.1%
净利率更高
ATO
高出5.4%
24.6%
自由现金流更多
DECK
多$1.7B
$-725.3M
两年增速更快
DECK
近两年复合增速
-9.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.0B |
| 净利润 | $403.0M | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | 38.3% | 31.4% |
| 净利率 | 30.0% | 24.6% |
| 营收同比 | 14.2% | 7.1% |
| 净利润同比 | 14.5% | 5.3% |
| 每股收益（稀释后） | $2.44 | $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ATODECK
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $737.5M | $1.4B | ||
| Q2 25 | $838.8M | $964.5M | ||
| Q1 25 | $2.0B | $1.0B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $657.9M | $1.3B | ||
| Q2 24 | $701.5M | $825.3M | ||
| Q1 24 | $1.6B | $959.8M |
净利润ATODECK
| Q4 25 | $403.0M | $481.1M | ||
| Q3 25 | $174.9M | $268.2M | ||
| Q2 25 | $186.4M | $139.2M | ||
| Q1 25 | $485.6M | $151.4M | ||
| Q4 24 | $351.9M | $456.7M | ||
| Q3 24 | $134.0M | $242.3M | ||
| Q2 24 | $165.6M | $115.6M | ||
| Q1 24 | $432.0M | $127.5M |
毛利率ATODECK
| Q4 25 | — | 59.8% | ||
| Q3 25 | — | 56.2% | ||
| Q2 25 | — | 55.8% | ||
| Q1 25 | 60.0% | 56.7% | ||
| Q4 24 | 80.1% | 60.3% | ||
| Q3 24 | — | 55.9% | ||
| Q2 24 | — | 56.9% | ||
| Q1 24 | 62.1% | 56.2% |
营业利润率ATODECK
| Q4 25 | 38.3% | 31.4% | ||
| Q3 25 | 29.8% | 22.8% | ||
| Q2 25 | 30.1% | 17.1% | ||
| Q1 25 | 32.2% | 17.0% | ||
| Q4 24 | 39.1% | 31.0% | ||
| Q3 24 | 28.1% | 23.3% | ||
| Q2 24 | 31.4% | 16.1% | ||
| Q1 24 | 33.4% | 15.0% |
净利率ATODECK
| Q4 25 | 30.0% | 24.6% | ||
| Q3 25 | 23.7% | 18.7% | ||
| Q2 25 | 22.2% | 14.4% | ||
| Q1 25 | 24.9% | 14.8% | ||
| Q4 24 | 29.9% | 25.0% | ||
| Q3 24 | 20.4% | 18.5% | ||
| Q2 24 | 23.6% | 14.0% | ||
| Q1 24 | 26.2% | 13.3% |
每股收益（稀释后）ATODECK
| Q4 25 | $2.44 | $3.33 | ||
| Q3 25 | $1.04 | $1.82 | ||
| Q2 25 | $1.16 | $0.93 | ||
| Q1 25 | $3.03 | $-2.78 | ||
| Q4 24 | $2.23 | $3.00 | ||
| Q3 24 | $0.82 | $1.59 | ||
| Q2 24 | $1.08 | $4.52 | ||
| Q1 24 | $2.85 | $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 | $367.0M | $2.1B |
| 总债务越低越好 | $9.6B | — |
| 股东权益账面价值 | $14.3B | $2.6B |
| 总资产 | $29.8B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.67× | — |
8季度趋势，按日历期对齐
现金及短期投资ATODECK
| Q4 25 | $367.0M | $2.1B | ||
| Q3 25 | $202.7M | $1.4B | ||
| Q2 25 | $709.4M | $1.7B | ||
| Q1 25 | $543.5M | $1.9B | ||
| Q4 24 | $584.5M | $2.2B | ||
| Q3 24 | $307.3M | $1.2B | ||
| Q2 24 | $674.6M | $1.4B | ||
| Q1 24 | $262.5M | $1.5B |
总债务ATODECK
| Q4 25 | $9.6B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $7.8B | — | ||
| Q2 24 | $7.8B | — | ||
| Q1 24 | $7.4B | — |
股东权益ATODECK
| Q4 25 | $14.3B | $2.6B | ||
| Q3 25 | $13.6B | $2.5B | ||
| Q2 25 | $13.4B | $2.5B | ||
| Q1 25 | $13.1B | $2.5B | ||
| Q4 24 | $12.8B | $2.6B | ||
| Q3 24 | $12.2B | $2.2B | ||
| Q2 24 | $12.2B | $2.1B | ||
| Q1 24 | $11.6B | $2.1B |
总资产ATODECK
| Q4 25 | $29.8B | $4.1B | ||
| Q3 25 | $28.2B | $3.8B | ||
| Q2 25 | $27.7B | $3.8B | ||
| Q1 25 | $27.0B | $3.6B | ||
| Q4 24 | $26.5B | $4.0B | ||
| Q3 24 | $25.2B | $3.4B | ||
| Q2 24 | $24.9B | $3.3B | ||
| Q1 24 | $24.0B | $3.1B |
负债/权益比ATODECK
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.64× | — | ||
| Q1 24 | 0.64× | — |
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 | $308.1M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $-725.3M | $1.0B |
| 自由现金流率自由现金流/营收 | -54.0% | 52.1% |
| 资本支出强度资本支出/营收 | 77.0% | 1.1% |
| 现金转化率经营现金流/净利润 | 0.76× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $929.1M |
8季度趋势，按日历期对齐
经营现金流ATODECK
| Q4 25 | $308.1M | $1.0B | ||
| Q3 25 | $348.1M | $8.1M | ||
| Q2 25 | $496.4M | $36.1M | ||
| Q1 25 | $922.9M | $-73.0M | ||
| Q4 24 | $282.0M | $1.1B | ||
| Q3 24 | $330.7M | $-90.5M | ||
| Q2 24 | $411.2M | $112.7M | ||
| Q1 24 | $746.6M | $-28.7M |
自由现金流ATODECK
| Q4 25 | $-725.3M | $1.0B | ||
| Q3 25 | $-615.5M | $-13.9M | ||
| Q2 25 | $-370.6M | $12.2M | ||
| Q1 25 | $83.3M | $-89.4M | ||
| Q4 24 | $-609.2M | $1.1B | ||
| Q3 24 | $-477.3M | $-113.4M | ||
| Q2 24 | $-302.4M | $90.1M | ||
| Q1 24 | $100.7M | $-44.0M |
自由现金流率ATODECK
| Q4 25 | -54.0% | 52.1% | ||
| Q3 25 | -83.5% | -1.0% | ||
| Q2 25 | -44.2% | 1.3% | ||
| Q1 25 | 4.3% | -8.8% | ||
| Q4 24 | -51.8% | 58.6% | ||
| Q3 24 | -72.5% | -8.6% | ||
| Q2 24 | -43.1% | 10.9% | ||
| Q1 24 | 6.1% | -4.6% |
资本支出强度ATODECK
| Q4 25 | 77.0% | 1.1% | ||
| Q3 25 | 130.7% | 1.5% | ||
| Q2 25 | 103.4% | 2.5% | ||
| Q1 25 | 43.0% | 1.6% | ||
| Q4 24 | 75.8% | 1.3% | ||
| Q3 24 | 122.8% | 1.7% | ||
| Q2 24 | 101.7% | 2.7% | ||
| Q1 24 | 39.2% | 1.6% |
现金转化率ATODECK
| Q4 25 | 0.76× | 2.17× | ||
| Q3 25 | 1.99× | 0.03× | ||
| Q2 25 | 2.66× | 0.26× | ||
| Q1 25 | 1.90× | -0.48× | ||
| Q4 24 | 0.80× | 2.40× | ||
| Q3 24 | 2.47× | -0.37× | ||
| Q2 24 | 2.48× | 0.97× | ||
| Q1 24 | 1.73× | -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
ATO
| Distribution Segment | $1.3B | 94% |
| Transportation Revenue | $41.5M | 3% |
| Other | $39.4M | 3% |
| Miscellaneous Revenue | $2.8M | 0% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
