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博思艾伦汉密尔顿（BAH）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
博思艾伦汉密尔顿的季度营收约是Deckers Brands的1.3倍（$2.6B vs $2.0B），Deckers Brands净利率更高（24.6% vs 7.6%，领先16.9%），Deckers Brands同比增速更快（7.1% vs -10.2%），Deckers Brands自由现金流更多（$1.0B vs $248.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -2.8%）
博思艾伦汉密尔顿控股集团是美国知名专业服务企业，深耕数字化转型与人工智能领域，为公共部门、私营机构及非营利组织提供咨询、分析与工程服务，总部位于弗吉尼亚州麦克莱恩，属华盛顿大都会区，在全球另设有80个办事处。
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。
BAH vs DECK — 直观对比
营收规模更大
BAH
是对方的1.3倍
$2.0B
营收增速更快
DECK
高出17.3%
-10.2%
净利率更高
DECK
高出16.9%
7.6%
自由现金流更多
DECK
多$772.3M
$248.0M
两年增速更快
DECK
近两年复合增速
-2.8%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $2.0B |
| 净利润 | $200.0M | $481.1M |
| 毛利率 | 51.9% | 59.8% |
| 营业利润率 | 8.8% | 31.4% |
| 净利率 | 7.6% | 24.6% |
| 营收同比 | -10.2% | 7.1% |
| 净利润同比 | 7.0% | 5.3% |
| 每股收益（稀释后） | $1.63 | $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BAHDECK
| Q4 25 | $2.6B | $2.0B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.9B | $964.5M | ||
| Q1 25 | $3.0B | $1.0B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $3.1B | $1.3B | ||
| Q2 24 | $2.9B | $825.3M | ||
| Q1 24 | $2.8B | $959.8M |
净利润BAHDECK
| Q4 25 | $200.0M | $481.1M | ||
| Q3 25 | $175.0M | $268.2M | ||
| Q2 25 | $271.0M | $139.2M | ||
| Q1 25 | $192.7M | $151.4M | ||
| Q4 24 | $186.9M | $456.7M | ||
| Q3 24 | $390.1M | $242.3M | ||
| Q2 24 | $165.2M | $115.6M | ||
| Q1 24 | $128.0M | $127.5M |
毛利率BAHDECK
| Q4 25 | 51.9% | 59.8% | ||
| Q3 25 | 53.6% | 56.2% | ||
| Q2 25 | 51.3% | 55.8% | ||
| Q1 25 | 53.6% | 56.7% | ||
| Q4 24 | 55.2% | 60.3% | ||
| Q3 24 | 56.7% | 55.9% | ||
| Q2 24 | 53.4% | 56.9% | ||
| Q1 24 | 54.7% | 56.2% |
营业利润率BAHDECK
| Q4 25 | 8.8% | 31.4% | ||
| Q3 25 | 9.8% | 22.8% | ||
| Q2 25 | 8.8% | 17.1% | ||
| Q1 25 | 9.2% | 17.0% | ||
| Q4 24 | 10.0% | 31.0% | ||
| Q3 24 | 17.4% | 23.3% | ||
| Q2 24 | 8.7% | 16.1% | ||
| Q1 24 | 9.5% | 15.0% |
净利率BAHDECK
| Q4 25 | 7.6% | 24.6% | ||
| Q3 25 | 6.1% | 18.7% | ||
| Q2 25 | 9.3% | 14.4% | ||
| Q1 25 | 6.5% | 14.8% | ||
| Q4 24 | 6.4% | 25.0% | ||
| Q3 24 | 12.4% | 18.5% | ||
| Q2 24 | 5.6% | 14.0% | ||
| Q1 24 | 4.6% | 13.3% |
每股收益（稀释后）BAHDECK
| Q4 25 | $1.63 | $3.33 | ||
| Q3 25 | $1.42 | $1.82 | ||
| Q2 25 | $2.16 | $0.93 | ||
| Q1 25 | $1.52 | $-2.78 | ||
| Q4 24 | $1.45 | $3.00 | ||
| Q3 24 | $3.01 | $1.59 | ||
| Q2 24 | $1.27 | $4.52 | ||
| Q1 24 | $0.97 | $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 | $882.0M | $2.1B |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $1.0B | $2.6B |
| 总资产 | $7.1B | $4.1B |
| 负债/权益比越低杠杆越低 | 3.84× | — |
8季度趋势，按日历期对齐
现金及短期投资BAHDECK
| Q4 25 | $882.0M | $2.1B | ||
| Q3 25 | $816.0M | $1.4B | ||
| Q2 25 | $711.0M | $1.7B | ||
| Q1 25 | $885.0M | $1.9B | ||
| Q4 24 | $453.5M | $2.2B | ||
| Q3 24 | $558.7M | $1.2B | ||
| Q2 24 | $297.7M | $1.4B | ||
| Q1 24 | $554.3M | $1.5B |
总债务BAHDECK
| Q4 25 | $3.9B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.4B | — |
股东权益BAHDECK
| Q4 25 | $1.0B | $2.6B | ||
| Q3 25 | $996.0M | $2.5B | ||
| Q2 25 | $1.1B | $2.5B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.2B | $2.6B | ||
| Q3 24 | $1.2B | $2.2B | ||
| Q2 24 | $1.1B | $2.1B | ||
| Q1 24 | $1.0B | $2.1B |
总资产BAHDECK
| Q4 25 | $7.1B | $4.1B | ||
| Q3 25 | $7.2B | $3.8B | ||
| Q2 25 | $7.2B | $3.8B | ||
| Q1 25 | $7.3B | $3.6B | ||
| Q4 24 | $6.8B | $4.0B | ||
| Q3 24 | $6.9B | $3.4B | ||
| Q2 24 | $6.6B | $3.3B | ||
| Q1 24 | $6.6B | $3.1B |
负债/权益比BAHDECK
| Q4 25 | 3.84× | — | ||
| Q3 25 | 3.98× | — | ||
| Q2 25 | 3.74× | — | ||
| Q1 25 | 3.99× | — | ||
| Q4 24 | 2.79× | — | ||
| Q3 24 | 2.83× | — | ||
| Q2 24 | 3.14× | — | ||
| Q1 24 | 3.26× | — |
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 | $261.0M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $1.0B |
| 自由现金流率自由现金流/营收 | 9.5% | 52.1% |
| 资本支出强度资本支出/营收 | 0.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.30× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $933.4M | $929.1M |
8季度趋势，按日历期对齐
经营现金流BAHDECK
| Q4 25 | $261.0M | $1.0B | ||
| Q3 25 | $421.0M | $8.1M | ||
| Q2 25 | $119.0M | $36.1M | ||
| Q1 25 | $219.0M | $-73.0M | ||
| Q4 24 | $150.8M | $1.1B | ||
| Q3 24 | $587.1M | $-90.5M | ||
| Q2 24 | $52.1M | $112.7M | ||
| Q1 24 | $143.8M | $-28.7M |
自由现金流BAHDECK
| Q4 25 | $248.0M | $1.0B | ||
| Q3 25 | $395.0M | $-13.9M | ||
| Q2 25 | $96.0M | $12.2M | ||
| Q1 25 | $194.4M | $-89.4M | ||
| Q4 24 | $133.6M | $1.1B | ||
| Q3 24 | $563.3M | $-113.4M | ||
| Q2 24 | $19.7M | $90.1M | ||
| Q1 24 | $127.6M | $-44.0M |
自由现金流率BAHDECK
| Q4 25 | 9.5% | 52.1% | ||
| Q3 25 | 13.7% | -1.0% | ||
| Q2 25 | 3.3% | 1.3% | ||
| Q1 25 | 6.5% | -8.8% | ||
| Q4 24 | 4.6% | 58.6% | ||
| Q3 24 | 17.9% | -8.6% | ||
| Q2 24 | 0.7% | 10.9% | ||
| Q1 24 | 4.6% | -4.6% |
资本支出强度BAHDECK
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.9% | 1.5% | ||
| Q2 25 | 0.8% | 2.5% | ||
| Q1 25 | 0.8% | 1.6% | ||
| Q4 24 | 0.6% | 1.3% | ||
| Q3 24 | 0.8% | 1.7% | ||
| Q2 24 | 1.1% | 2.7% | ||
| Q1 24 | 0.6% | 1.6% |
现金转化率BAHDECK
| Q4 25 | 1.30× | 2.17× | ||
| Q3 25 | 2.41× | 0.03× | ||
| Q2 25 | 0.44× | 0.26× | ||
| Q1 25 | 1.14× | -0.48× | ||
| Q4 24 | 0.81× | 2.40× | ||
| Q3 24 | 1.50× | -0.37× | ||
| Q2 24 | 0.32× | 0.97× | ||
| Q1 24 | 1.12× | -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
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
