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Avantor, Inc.（AVTR）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Avantor, Inc.的1.2倍（$2.0B vs $1.7B），Deckers Brands净利率更高（24.6% vs 3.1%，领先21.4%），Deckers Brands同比增速更快（7.1% vs -1.4%），Deckers Brands自由现金流更多（$1.0B vs $117.2M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -0.5%）
Avantor是一家总部位于美国宾夕法尼亚州拉德诺的生物技术、化工及制药领域企业，前身为1904年成立的J.T. Baker，2010年正式更名，2019年在纽约证券交易所挂牌上市，股票代码为AVTR，为全球生命科学、医疗健康等行业客户提供核心产品与服务。
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。
AVTR vs DECK — 直观对比
营收规模更大
DECK
是对方的1.2倍
$1.7B
营收增速更快
DECK
高出8.5%
-1.4%
净利率更高
DECK
高出21.4%
3.1%
自由现金流更多
DECK
多$903.1M
$117.2M
两年增速更快
DECK
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.0B |
| 净利润 | $52.4M | $481.1M |
| 毛利率 | 31.5% | 59.8% |
| 营业利润率 | 7.6% | 31.4% |
| 净利率 | 3.1% | 24.6% |
| 营收同比 | -1.4% | 7.1% |
| 净利润同比 | -89.5% | 5.3% |
| 每股收益（稀释后） | $0.08 | $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AVTRDECK
| Q4 25 | $1.7B | $2.0B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.7B | $964.5M | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $825.3M | ||
| Q1 24 | $1.7B | $959.8M |
净利润AVTRDECK
| Q4 25 | $52.4M | $481.1M | ||
| Q3 25 | $-711.8M | $268.2M | ||
| Q2 25 | $64.7M | $139.2M | ||
| Q1 25 | $64.5M | $151.4M | ||
| Q4 24 | $500.4M | $456.7M | ||
| Q3 24 | $57.8M | $242.3M | ||
| Q2 24 | $92.9M | $115.6M | ||
| Q1 24 | $60.4M | $127.5M |
毛利率AVTRDECK
| Q4 25 | 31.5% | 59.8% | ||
| Q3 25 | 32.4% | 56.2% | ||
| Q2 25 | 32.9% | 55.8% | ||
| Q1 25 | 33.8% | 56.7% | ||
| Q4 24 | 33.4% | 60.3% | ||
| Q3 24 | 32.9% | 55.9% | ||
| Q2 24 | 34.1% | 56.9% | ||
| Q1 24 | 34.0% | 56.2% |
营业利润率AVTRDECK
| Q4 25 | 7.6% | 31.4% | ||
| Q3 25 | -40.0% | 22.8% | ||
| Q2 25 | 7.7% | 17.1% | ||
| Q1 25 | 9.3% | 17.0% | ||
| Q4 24 | 37.8% | 31.0% | ||
| Q3 24 | 7.3% | 23.3% | ||
| Q2 24 | 10.3% | 16.1% | ||
| Q1 24 | 8.7% | 15.0% |
净利率AVTRDECK
| Q4 25 | 3.1% | 24.6% | ||
| Q3 25 | -43.8% | 18.7% | ||
| Q2 25 | 3.8% | 14.4% | ||
| Q1 25 | 4.1% | 14.8% | ||
| Q4 24 | 29.7% | 25.0% | ||
| Q3 24 | 3.4% | 18.5% | ||
| Q2 24 | 5.5% | 14.0% | ||
| Q1 24 | 3.6% | 13.3% |
每股收益（稀释后）AVTRDECK
| Q4 25 | $0.08 | $3.33 | ||
| Q3 25 | $-1.04 | $1.82 | ||
| Q2 25 | $0.09 | $0.93 | ||
| Q1 25 | $0.09 | $-2.78 | ||
| Q4 24 | $0.73 | $3.00 | ||
| Q3 24 | $0.08 | $1.59 | ||
| Q2 24 | $0.14 | $4.52 | ||
| Q1 24 | $0.09 | $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 | $365.4M | $2.1B |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $5.6B | $2.6B |
| 总资产 | $11.8B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.71× | — |
8季度趋势，按日历期对齐
现金及短期投资AVTRDECK
| Q4 25 | $365.4M | $2.1B | ||
| Q3 25 | $251.9M | $1.4B | ||
| Q2 25 | $449.4M | $1.7B | ||
| Q1 25 | $315.7M | $1.9B | ||
| Q4 24 | $261.9M | $2.2B | ||
| Q3 24 | $285.3M | $1.2B | ||
| Q2 24 | $272.6M | $1.4B | ||
| Q1 24 | $234.9M | $1.5B |
总债务AVTRDECK
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $5.1B | — | ||
| Q1 24 | $5.3B | — |
股东权益AVTRDECK
| Q4 25 | $5.6B | $2.6B | ||
| Q3 25 | $5.6B | $2.5B | ||
| Q2 25 | $6.3B | $2.5B | ||
| Q1 25 | $6.1B | $2.5B | ||
| Q4 24 | $6.0B | $2.6B | ||
| Q3 24 | $5.6B | $2.2B | ||
| Q2 24 | $5.4B | $2.1B | ||
| Q1 24 | $5.3B | $2.1B |
总资产AVTRDECK
| Q4 25 | $11.8B | $4.1B | ||
| Q3 25 | $11.7B | $3.8B | ||
| Q2 25 | $12.8B | $3.8B | ||
| Q1 25 | $12.3B | $3.6B | ||
| Q4 24 | $12.1B | $4.0B | ||
| Q3 24 | $12.8B | $3.4B | ||
| Q2 24 | $12.7B | $3.3B | ||
| Q1 24 | $12.8B | $3.1B |
负债/权益比AVTRDECK
| Q4 25 | 0.71× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.89× | — | ||
| Q2 24 | 0.94× | — | ||
| Q1 24 | 1.00× | — |
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 | $152.7M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $117.2M | $1.0B |
| 自由现金流率自由现金流/营收 | 7.0% | 52.1% |
| 资本支出强度资本支出/营收 | 2.1% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.91× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $495.0M | $929.1M |
8季度趋势，按日历期对齐
经营现金流AVTRDECK
| Q4 25 | $152.7M | $1.0B | ||
| Q3 25 | $207.4M | $8.1M | ||
| Q2 25 | $154.4M | $36.1M | ||
| Q1 25 | $109.3M | $-73.0M | ||
| Q4 24 | $173.3M | $1.1B | ||
| Q3 24 | $244.8M | $-90.5M | ||
| Q2 24 | $281.1M | $112.7M | ||
| Q1 24 | $141.6M | $-28.7M |
自由现金流AVTRDECK
| Q4 25 | $117.2M | $1.0B | ||
| Q3 25 | $171.7M | $-13.9M | ||
| Q2 25 | $124.8M | $12.2M | ||
| Q1 25 | $81.3M | $-89.4M | ||
| Q4 24 | $145.8M | $1.1B | ||
| Q3 24 | $204.0M | $-113.4M | ||
| Q2 24 | $235.3M | $90.1M | ||
| Q1 24 | $106.9M | $-44.0M |
自由现金流率AVTRDECK
| Q4 25 | 7.0% | 52.1% | ||
| Q3 25 | 10.6% | -1.0% | ||
| Q2 25 | 7.4% | 1.3% | ||
| Q1 25 | 5.1% | -8.8% | ||
| Q4 24 | 8.6% | 58.6% | ||
| Q3 24 | 11.9% | -8.6% | ||
| Q2 24 | 13.8% | 10.9% | ||
| Q1 24 | 6.4% | -4.6% |
资本支出强度AVTRDECK
| Q4 25 | 2.1% | 1.1% | ||
| Q3 25 | 2.2% | 1.5% | ||
| Q2 25 | 1.8% | 2.5% | ||
| Q1 25 | 1.8% | 1.6% | ||
| Q4 24 | 1.6% | 1.3% | ||
| Q3 24 | 2.4% | 1.7% | ||
| Q2 24 | 2.7% | 2.7% | ||
| Q1 24 | 2.1% | 1.6% |
现金转化率AVTRDECK
| Q4 25 | 2.91× | 2.17× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | 2.39× | 0.26× | ||
| Q1 25 | 1.69× | -0.48× | ||
| Q4 24 | 0.35× | 2.40× | ||
| Q3 24 | 4.24× | -0.37× | ||
| Q2 24 | 3.03× | 0.97× | ||
| Q1 24 | 2.34× | -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
AVTR
| Laboratory Solutions Segment | $1.1B | 67% |
| Bioscience Production Segment | $547.5M | 33% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
