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勃肯（BIRK）与STEVEN MADDEN, LTD.（SHOO）财务数据对比。点击上方公司名可切换其他公司
STEVEN MADDEN, LTD.的季度营收约是勃肯的1.4倍（$749.8M vs $526.3M）。勃肯净利率更高（19.3% vs 3.3%，领先16.0%）。过去两年勃肯的营收复合增速更高（26.8% vs 16.7%）
勃肯是源自德国的知名鞋履制造商，1774年成立，总部位于莱茵兰-普法尔茨州维德河畔诺伊施塔特。品牌标志性产品采用麂皮、黄麻层叠打造的弧形软木鞋垫，可贴合穿着者脚型，尤以舒适凉鞋品类闻名，创立初衷是为替代当时普遍的平底鞋，推出兼具支撑性与贴合度的鞋款。
Steven Madden, Ltd.是一家上市时尚企业，专注于鞋履及潮流配饰的设计与营销，总部位于纽约长岛市。旗下拥有Dolce Vita、Betsey Johnson、Blondo、BB Dakota、Mad Love等品牌，同时获得Anne Klein、Superga等品牌的授权开展相关业务。
BIRK vs SHOO — 直观对比
营收规模更大
SHOO
是对方的1.4倍
$526.3M
净利率更高
BIRK
高出16.0%
3.3%
两年增速更快
BIRK
近两年复合增速
16.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $526.3M | $749.8M |
| 净利润 | $101.4M | $24.7M |
| 毛利率 | 62.8% | 42.6% |
| 营业利润率 | 23.0% | 4.8% |
| 净利率 | 19.3% | 3.3% |
| 营收同比 | — | 29.5% |
| 净利润同比 | — | -34.8% |
| 每股收益（稀释后） | — | $0.33 |
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BIRKSHOO
| Q4 25 | — | $749.8M | ||
| Q3 25 | $526.3M | $664.2M | ||
| Q2 25 | $685.8M | $556.1M | ||
| Q1 25 | $620.3M | $551.4M | ||
| Q4 24 | $390.7M | $578.8M | ||
| Q3 24 | $455.8M | $621.2M | ||
| Q2 24 | $609.9M | $521.7M | ||
| Q1 24 | $519.7M | $550.6M |
净利润BIRKSHOO
| Q4 25 | — | $24.7M | ||
| Q3 25 | $101.4M | $20.5M | ||
| Q2 25 | $139.6M | $-38.7M | ||
| Q1 25 | $113.5M | $41.3M | ||
| Q4 24 | $21.7M | $37.8M | ||
| Q3 24 | — | $55.3M | ||
| Q2 24 | $80.6M | $36.9M | ||
| Q1 24 | $77.4M | $44.6M |
毛利率BIRKSHOO
| Q4 25 | — | 42.6% | ||
| Q3 25 | 62.8% | 41.8% | ||
| Q2 25 | 60.5% | 40.6% | ||
| Q1 25 | 57.7% | 41.0% | ||
| Q4 24 | 60.3% | 40.7% | ||
| Q3 24 | — | 41.8% | ||
| Q2 24 | 59.5% | 41.6% | ||
| Q1 24 | 56.3% | 40.8% |
营业利润率BIRKSHOO
| Q4 25 | — | 4.8% | ||
| Q3 25 | 23.0% | 4.7% | ||
| Q2 25 | 31.2% | -7.2% | ||
| Q1 25 | 30.5% | 9.7% | ||
| Q4 24 | 17.7% | 8.1% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | 27.5% | 9.0% | ||
| Q1 24 | 27.5% | 10.3% |
净利率BIRKSHOO
| Q4 25 | — | 3.3% | ||
| Q3 25 | 19.3% | 3.1% | ||
| Q2 25 | 20.3% | -7.0% | ||
| Q1 25 | 18.3% | 7.5% | ||
| Q4 24 | 5.6% | 6.5% | ||
| Q3 24 | — | 8.9% | ||
| Q2 24 | 13.2% | 7.1% | ||
| Q1 24 | 14.9% | 8.1% |
每股收益（稀释后）BIRKSHOO
| Q4 25 | — | $0.33 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | — | $-0.56 | ||
| Q1 25 | — | $0.57 | ||
| Q4 24 | — | $0.49 | ||
| Q3 24 | — | $0.77 | ||
| Q2 24 | — | $0.49 | ||
| Q1 24 | — | $0.60 |
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 | $355.4M | $112.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.9B | $866.4M |
| 总资产 | $5.3B | $1.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BIRKSHOO
| Q4 25 | — | $112.4M | ||
| Q3 25 | $355.4M | $140.0K | ||
| Q2 25 | $282.8M | $111.9M | ||
| Q1 25 | $254.2M | $147.2M | ||
| Q4 24 | $322.5M | $203.4M | ||
| Q3 24 | $384.3M | $11.1M | ||
| Q2 24 | $436.7M | $192.2M | ||
| Q1 24 | $189.8M | $143.1M |
股东权益BIRKSHOO
| Q4 25 | — | $866.4M | ||
| Q3 25 | $2.9B | $850.8M | ||
| Q2 25 | $2.8B | $833.2M | ||
| Q1 25 | $3.0B | $875.3M | ||
| Q4 24 | $3.0B | $847.7M | ||
| Q3 24 | $2.8B | $833.9M | ||
| Q2 24 | $2.8B | $808.3M | ||
| Q1 24 | $2.7B | $825.2M |
总资产BIRKSHOO
| Q4 25 | — | $1.9B | ||
| Q3 25 | $5.3B | $2.0B | ||
| Q2 25 | $5.3B | $1.9B | ||
| Q1 25 | $5.4B | $1.4B | ||
| Q4 24 | $5.4B | $1.4B | ||
| Q3 24 | $5.3B | $1.5B | ||
| Q2 24 | $5.4B | $1.4B | ||
| Q1 24 | $5.2B | $1.3B |
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 | $415.0M | $91.1M |
| 自由现金流经营现金流 - 资本支出 | — | $80.8M |
| 自由现金流率自由现金流/营收 | — | 10.8% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | 4.09× | 3.70× |
| 过去12个月自由现金流最近4个季度 | — | $119.5M |
8季度趋势，按日历期对齐
经营现金流BIRKSHOO
| Q4 25 | — | $91.1M | ||
| Q3 25 | $415.0M | $23.4M | ||
| Q2 25 | — | $66.5M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | $-12.6M | $103.9M | ||
| Q3 24 | $463.0M | $444.0K | ||
| Q2 24 | — | $109.5M | ||
| Q1 24 | — | $-15.7M |
自由现金流BIRKSHOO
| Q4 25 | — | $80.8M | ||
| Q3 25 | — | $8.6M | ||
| Q2 25 | — | $58.8M | ||
| Q1 25 | — | $-28.7M | ||
| Q4 24 | — | $94.6M | ||
| Q3 24 | — | $-6.9M | ||
| Q2 24 | — | $104.2M | ||
| Q1 24 | — | $-19.7M |
自由现金流率BIRKSHOO
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | -5.2% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | -1.1% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | -3.6% |
资本支出强度BIRKSHOO
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 0.7% |
现金转化率BIRKSHOO
| Q4 25 | — | 3.70× | ||
| Q3 25 | 4.09× | 1.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.46× | ||
| Q4 24 | -0.58× | 2.75× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 2.96× | ||
| Q1 24 | — | -0.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
