vs
Builders FirstSource（BLDR）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
Builders FirstSource的季度营收约是Deckers Brands的1.7倍（$3.4B vs $2.0B），Deckers Brands净利率更高（24.6% vs 0.9%，领先23.6%），Deckers Brands同比增速更快（7.1% vs -12.1%），Deckers Brands自由现金流更多（$1.0B vs $106.7M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -7.1%）
Builders FirstSource是财富500强企业，成立于1998年3月，总部位于美国得克萨斯州欧文，是美国规模最大的建筑产品、预制构件及增值服务供应商，同时生产制造建筑材料。公司在全美拥有超1.5万名员工，服务于新建住宅施工、维修及翻新领域的专业客户。
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。
BLDR vs DECK — 直观对比
营收规模更大
BLDR
是对方的1.7倍
$2.0B
营收增速更快
DECK
高出19.2%
-12.1%
净利率更高
DECK
高出23.6%
0.9%
自由现金流更多
DECK
多$913.6M
$106.7M
两年增速更快
DECK
近两年复合增速
-7.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.0B |
| 净利润 | $31.5M | $481.1M |
| 毛利率 | 29.8% | 59.8% |
| 营业利润率 | 1.8% | 31.4% |
| 净利率 | 0.9% | 24.6% |
| 营收同比 | -12.1% | 7.1% |
| 净利润同比 | -83.5% | 5.3% |
| 每股收益（稀释后） | $0.29 | $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BLDRDECK
| Q4 25 | $3.4B | $2.0B | ||
| Q3 25 | $3.9B | $1.4B | ||
| Q2 25 | $4.2B | $964.5M | ||
| Q1 25 | $3.7B | $1.0B | ||
| Q4 24 | $3.8B | $1.8B | ||
| Q3 24 | $4.2B | $1.3B | ||
| Q2 24 | $4.5B | $825.3M | ||
| Q1 24 | $3.9B | $959.8M |
净利润BLDRDECK
| Q4 25 | $31.5M | $481.1M | ||
| Q3 25 | $122.4M | $268.2M | ||
| Q2 25 | $185.0M | $139.2M | ||
| Q1 25 | $96.3M | $151.4M | ||
| Q4 24 | $190.2M | $456.7M | ||
| Q3 24 | $284.8M | $242.3M | ||
| Q2 24 | $344.1M | $115.6M | ||
| Q1 24 | $258.8M | $127.5M |
毛利率BLDRDECK
| Q4 25 | 29.8% | 59.8% | ||
| Q3 25 | 30.4% | 56.2% | ||
| Q2 25 | 30.7% | 55.8% | ||
| Q1 25 | 30.5% | 56.7% | ||
| Q4 24 | 32.3% | 60.3% | ||
| Q3 24 | 32.8% | 55.9% | ||
| Q2 24 | 32.8% | 56.9% | ||
| Q1 24 | 33.4% | 56.2% |
营业利润率BLDRDECK
| Q4 25 | 1.8% | 31.4% | ||
| Q3 25 | 5.8% | 22.8% | ||
| Q2 25 | 7.4% | 17.1% | ||
| Q1 25 | 5.0% | 17.0% | ||
| Q4 24 | 8.0% | 31.0% | ||
| Q3 24 | 10.1% | 23.3% | ||
| Q2 24 | 11.0% | 16.1% | ||
| Q1 24 | 9.6% | 15.0% |
净利率BLDRDECK
| Q4 25 | 0.9% | 24.6% | ||
| Q3 25 | 3.1% | 18.7% | ||
| Q2 25 | 4.4% | 14.4% | ||
| Q1 25 | 2.6% | 14.8% | ||
| Q4 24 | 5.0% | 25.0% | ||
| Q3 24 | 6.7% | 18.5% | ||
| Q2 24 | 7.7% | 14.0% | ||
| Q1 24 | 6.7% | 13.3% |
每股收益（稀释后）BLDRDECK
| Q4 25 | $0.29 | $3.33 | ||
| Q3 25 | $1.10 | $1.82 | ||
| Q2 25 | $1.66 | $0.93 | ||
| Q1 25 | $0.84 | $-2.78 | ||
| Q4 24 | $1.65 | $3.00 | ||
| Q3 24 | $2.44 | $1.59 | ||
| Q2 24 | $2.87 | $4.52 | ||
| Q1 24 | $2.10 | $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 | $181.8M | $2.1B |
| 总债务越低越好 | $4.4B | — |
| 股东权益账面价值 | $4.4B | $2.6B |
| 总资产 | $11.2B | $4.1B |
| 负债/权益比越低杠杆越低 | 1.02× | — |
8季度趋势，按日历期对齐
现金及短期投资BLDRDECK
| Q4 25 | $181.8M | $2.1B | ||
| Q3 25 | $296.2M | $1.4B | ||
| Q2 25 | $87.0M | $1.7B | ||
| Q1 25 | $115.4M | $1.9B | ||
| Q4 24 | $153.6M | $2.2B | ||
| Q3 24 | $328.1M | $1.2B | ||
| Q2 24 | $75.6M | $1.4B | ||
| Q1 24 | $697.5M | $1.5B |
总债务BLDRDECK
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.7B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.7B | — |
股东权益BLDRDECK
| Q4 25 | $4.4B | $2.6B | ||
| Q3 25 | $4.3B | $2.5B | ||
| Q2 25 | $4.2B | $2.5B | ||
| Q1 25 | $4.4B | $2.5B | ||
| Q4 24 | $4.3B | $2.6B | ||
| Q3 24 | $4.4B | $2.2B | ||
| Q2 24 | $4.3B | $2.1B | ||
| Q1 24 | $5.0B | $2.1B |
总资产BLDRDECK
| Q4 25 | $11.2B | $4.1B | ||
| Q3 25 | $11.4B | $3.8B | ||
| Q2 25 | $11.5B | $3.8B | ||
| Q1 25 | $11.4B | $3.6B | ||
| Q4 24 | $10.6B | $4.0B | ||
| Q3 24 | $10.9B | $3.4B | ||
| Q2 24 | $10.7B | $3.3B | ||
| Q1 24 | $11.2B | $3.1B |
负债/权益比BLDRDECK
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 0.86× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.75× | — |
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 | $194.8M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $106.7M | $1.0B |
| 自由现金流率自由现金流/营收 | 3.2% | 52.1% |
| 资本支出强度资本支出/营收 | 2.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 6.19× | 2.17× |
| 过去12个月自由现金流最近4个季度 | $853.3M | $929.1M |
8季度趋势，按日历期对齐
经营现金流BLDRDECK
| Q4 25 | $194.8M | $1.0B | ||
| Q3 25 | $547.7M | $8.1M | ||
| Q2 25 | $341.0M | $36.1M | ||
| Q1 25 | $132.3M | $-73.0M | ||
| Q4 24 | $373.5M | $1.1B | ||
| Q3 24 | $730.0M | $-90.5M | ||
| Q2 24 | $452.1M | $112.7M | ||
| Q1 24 | $317.2M | $-28.7M |
自由现金流BLDRDECK
| Q4 25 | $106.7M | $1.0B | ||
| Q3 25 | $461.9M | $-13.9M | ||
| Q2 25 | $252.3M | $12.2M | ||
| Q1 25 | $32.4M | $-89.4M | ||
| Q4 24 | $273.8M | $1.1B | ||
| Q3 24 | $630.4M | $-113.4M | ||
| Q2 24 | $364.0M | $90.1M | ||
| Q1 24 | $224.0M | $-44.0M |
自由现金流率BLDRDECK
| Q4 25 | 3.2% | 52.1% | ||
| Q3 25 | 11.7% | -1.0% | ||
| Q2 25 | 6.0% | 1.3% | ||
| Q1 25 | 0.9% | -8.8% | ||
| Q4 24 | 7.2% | 58.6% | ||
| Q3 24 | 14.9% | -8.6% | ||
| Q2 24 | 8.2% | 10.9% | ||
| Q1 24 | 5.8% | -4.6% |
资本支出强度BLDRDECK
| Q4 25 | 2.6% | 1.1% | ||
| Q3 25 | 2.2% | 1.5% | ||
| Q2 25 | 2.1% | 2.5% | ||
| Q1 25 | 2.7% | 1.6% | ||
| Q4 24 | 2.6% | 1.3% | ||
| Q3 24 | 2.4% | 1.7% | ||
| Q2 24 | 2.0% | 2.7% | ||
| Q1 24 | 2.4% | 1.6% |
现金转化率BLDRDECK
| Q4 25 | 6.19× | 2.17× | ||
| Q3 25 | 4.48× | 0.03× | ||
| Q2 25 | 1.84× | 0.26× | ||
| Q1 25 | 1.37× | -0.48× | ||
| Q4 24 | 1.96× | 2.40× | ||
| Q3 24 | 2.56× | -0.37× | ||
| Q2 24 | 1.31× | 0.97× | ||
| Q1 24 | 1.23× | -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
BLDR
| Specialty Building Products And Services | $949.0M | 28% |
| Windows Doors And Millwork | $893.5M | 27% |
| Lumber And Lumber Sheet Goods | $772.6M | 23% |
| Manufactured Products | $742.8M | 22% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
