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富兰克林邓普顿（BEN）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是Deckers Brands的1.2倍（$2.3B vs $2.0B），Deckers Brands净利率更高（24.6% vs 11.0%，领先13.6%），Deckers Brands同比增速更快（7.1% vs 3.4%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 4.0%）
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
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。
BEN vs DECK — 直观对比
营收规模更大
BEN
是对方的1.2倍
$2.0B
营收增速更快
DECK
高出3.8%
3.4%
净利率更高
DECK
高出13.6%
11.0%
两年增速更快
DECK
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $2.0B |
| 净利润 | $255.5M | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | 12.1% | 31.4% |
| 净利率 | 11.0% | 24.6% |
| 营收同比 | 3.4% | 7.1% |
| 净利润同比 | 56.2% | 5.3% |
| 每股收益（稀释后） | $0.46 | $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BENDECK
| Q4 25 | $2.3B | $2.0B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.1B | $964.5M | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.1B | $825.3M | ||
| Q1 24 | $2.2B | $959.8M |
净利润BENDECK
| Q4 25 | $255.5M | $481.1M | ||
| Q3 25 | $117.6M | $268.2M | ||
| Q2 25 | $92.3M | $139.2M | ||
| Q1 25 | $151.4M | $151.4M | ||
| Q4 24 | $163.6M | $456.7M | ||
| Q3 24 | $-84.7M | $242.3M | ||
| Q2 24 | $174.0M | $115.6M | ||
| Q1 24 | $124.2M | $127.5M |
毛利率BENDECK
| 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% | ||
| Q1 24 | — | 56.2% |
营业利润率BENDECK
| Q4 25 | 12.1% | 31.4% | ||
| Q3 25 | 3.6% | 22.8% | ||
| Q2 25 | 7.5% | 17.1% | ||
| Q1 25 | 6.9% | 17.0% | ||
| Q4 24 | 9.7% | 31.0% | ||
| Q3 24 | -6.8% | 23.3% | ||
| Q2 24 | 10.5% | 16.1% | ||
| Q1 24 | 6.0% | 15.0% |
净利率BENDECK
| Q4 25 | 11.0% | 24.6% | ||
| Q3 25 | 5.0% | 18.7% | ||
| Q2 25 | 4.5% | 14.4% | ||
| Q1 25 | 7.2% | 14.8% | ||
| Q4 24 | 7.3% | 25.0% | ||
| Q3 24 | -3.8% | 18.5% | ||
| Q2 24 | 8.2% | 14.0% | ||
| Q1 24 | 5.8% | 13.3% |
每股收益（稀释后）BENDECK
| Q4 25 | $0.46 | $3.33 | ||
| Q3 25 | $0.21 | $1.82 | ||
| Q2 25 | $0.15 | $0.93 | ||
| Q1 25 | $0.26 | $-2.78 | ||
| Q4 24 | $0.29 | $3.00 | ||
| Q3 24 | $-0.20 | $1.59 | ||
| Q2 24 | $0.32 | $4.52 | ||
| Q1 24 | $0.23 | $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 | — | $2.1B |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $12.1B | $2.6B |
| 总资产 | $32.5B | $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BENDECK
| 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 | ||
| Q1 24 | — | $1.5B |
总债务BENDECK
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.0B | — |
股东权益BENDECK
| Q4 25 | $12.1B | $2.6B | ||
| Q3 25 | $12.1B | $2.5B | ||
| Q2 25 | $12.2B | $2.5B | ||
| Q1 25 | $12.3B | $2.5B | ||
| Q4 24 | $12.5B | $2.6B | ||
| Q3 24 | $12.5B | $2.2B | ||
| Q2 24 | $12.9B | $2.1B | ||
| Q1 24 | $12.9B | $2.1B |
总资产BENDECK
| Q4 25 | $32.5B | $4.1B | ||
| Q3 25 | $32.4B | $3.8B | ||
| Q2 25 | $32.6B | $3.8B | ||
| Q1 25 | $32.0B | $3.6B | ||
| Q4 24 | $32.4B | $4.0B | ||
| Q3 24 | $32.5B | $3.4B | ||
| Q2 24 | $33.3B | $3.3B | ||
| Q1 24 | $32.9B | $3.1B |
负债/权益比BENDECK
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | 0.22× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.24× | — |
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 | $-255.1M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | — | $1.0B |
| 自由现金流率自由现金流/营收 | — | 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 | -1.00× | 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BENDECK
| Q4 25 | $-255.1M | $1.0B | ||
| Q3 25 | $-20.7M | $8.1M | ||
| Q2 25 | $1.3B | $36.1M | ||
| Q1 25 | $-50.1M | $-73.0M | ||
| Q4 24 | $-145.2M | $1.1B | ||
| Q3 24 | $558.2M | $-90.5M | ||
| Q2 24 | $528.4M | $112.7M | ||
| Q1 24 | $136.6M | $-28.7M |
自由现金流BENDECK
| Q4 25 | — | $1.0B | ||
| Q3 25 | $-51.9M | $-13.9M | ||
| Q2 25 | $1.3B | $12.2M | ||
| Q1 25 | $-87.6M | $-89.4M | ||
| Q4 24 | $-217.0M | $1.1B | ||
| Q3 24 | $488.4M | $-113.4M | ||
| Q2 24 | $482.3M | $90.1M | ||
| Q1 24 | $94.9M | $-44.0M |
自由现金流率BENDECK
| Q4 25 | — | 52.1% | ||
| Q3 25 | -2.2% | -1.0% | ||
| Q2 25 | 61.4% | 1.3% | ||
| Q1 25 | -4.1% | -8.8% | ||
| Q4 24 | -9.6% | 58.6% | ||
| Q3 24 | 22.1% | -8.6% | ||
| Q2 24 | 22.7% | 10.9% | ||
| Q1 24 | 4.4% | -4.6% |
资本支出强度BENDECK
| Q4 25 | — | 1.1% | ||
| Q3 25 | 1.3% | 1.5% | ||
| Q2 25 | 0.7% | 2.5% | ||
| Q1 25 | 1.8% | 1.6% | ||
| Q4 24 | 3.2% | 1.3% | ||
| Q3 24 | 3.2% | 1.7% | ||
| Q2 24 | 2.2% | 2.7% | ||
| Q1 24 | 1.9% | 1.6% |
现金转化率BENDECK
| Q4 25 | -1.00× | 2.17× | ||
| Q3 25 | -0.18× | 0.03× | ||
| Q2 25 | 13.89× | 0.26× | ||
| Q1 25 | -0.33× | -0.48× | ||
| Q4 24 | -0.89× | 2.40× | ||
| Q3 24 | — | -0.37× | ||
| Q2 24 | 3.04× | 0.97× | ||
| Q1 24 | 1.10× | -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
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
