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Crown Castle（CCI）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Crown Castle的1.9倍（$2.0B vs $1.0B），Crown Castle净利率更高（77.2% vs 24.6%，领先52.6%），Deckers Brands同比增速更快（7.1% vs -4.8%），Deckers Brands自由现金流更多（$1.0B vs $-43.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -4.5%）
Crown Castle Inc.是总部位于美国得克萨斯州休斯敦的房地产投资信托企业，同时是美国共享通信基础设施服务商，在全球设有100个办事处，旗下拥有超4万座信号塔、约8.5万英里光纤线路，为小基站及光纤系统提供网络支撑。
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。
CCI vs DECK — 直观对比
营收规模更大
DECK
是对方的1.9倍
$1.0B
营收增速更快
DECK
高出11.9%
-4.8%
净利率更高
CCI
高出52.6%
24.6%
自由现金流更多
DECK
多$1.1B
$-43.0M
两年增速更快
DECK
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $2.0B |
| 净利润 | $780.0M | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | — | 31.4% |
| 净利率 | 77.2% | 24.6% |
| 营收同比 | -4.8% | 7.1% |
| 净利润同比 | 76.0% | 5.3% |
| 每股收益（稀释后） | $1.80 | $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CCIDECK
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $2.0B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $964.5M | ||
| Q1 25 | $1.1B | $1.0B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $825.3M |
净利润CCIDECK
| Q1 26 | $780.0M | — | ||
| Q4 25 | $294.0M | $481.1M | ||
| Q3 25 | $323.0M | $268.2M | ||
| Q2 25 | $291.0M | $139.2M | ||
| Q1 25 | $-464.0M | $151.4M | ||
| Q4 24 | — | $456.7M | ||
| Q3 24 | $303.0M | $242.3M | ||
| Q2 24 | $251.0M | $115.6M |
毛利率CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | 97.4% | 59.8% | ||
| Q3 25 | 97.2% | 56.2% | ||
| Q2 25 | 97.5% | 55.8% | ||
| Q1 25 | 97.4% | 56.7% | ||
| Q4 24 | 97.7% | 60.3% | ||
| Q3 24 | 97.6% | 55.9% | ||
| Q2 24 | 97.7% | 56.9% |
营业利润率CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | 48.8% | 31.4% | ||
| Q3 25 | 49.0% | 22.8% | ||
| Q2 25 | 47.7% | 17.1% | ||
| Q1 25 | 49.1% | 17.0% | ||
| Q4 24 | 51.0% | 31.0% | ||
| Q3 24 | 47.5% | 23.3% | ||
| Q2 24 | 44.7% | 16.1% |
净利率CCIDECK
| Q1 26 | 77.2% | — | ||
| Q4 25 | 27.5% | 24.6% | ||
| Q3 25 | 30.1% | 18.7% | ||
| Q2 25 | 27.5% | 14.4% | ||
| Q1 25 | -43.7% | 14.8% | ||
| Q4 24 | — | 25.0% | ||
| Q3 24 | 27.1% | 18.5% | ||
| Q2 24 | 22.7% | 14.0% |
每股收益（稀释后）CCIDECK
| Q1 26 | $1.80 | — | ||
| Q4 25 | $0.67 | $3.33 | ||
| Q3 25 | $0.74 | $1.82 | ||
| Q2 25 | $0.67 | $0.93 | ||
| Q1 25 | $-1.07 | $-2.78 | ||
| Q4 24 | — | $3.00 | ||
| Q3 24 | $0.70 | $1.59 | ||
| Q2 24 | $0.58 | $4.52 |
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 | $55.0K | $2.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $2.6B |
| 总资产 | $31.4M | $4.1B |
| 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CCIDECK
| Q1 26 | $55.0K | — | ||
| Q4 25 | $99.0M | $2.1B | ||
| Q3 25 | $57.0M | $1.4B | ||
| Q2 25 | $94.0M | $1.7B | ||
| Q1 25 | $60.0M | $1.9B | ||
| Q4 24 | $100.0M | $2.2B | ||
| Q3 24 | $194.0M | $1.2B | ||
| Q2 24 | $155.0M | $1.4B |
总债务CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | $21.6B | — | ||
| Q3 25 | $21.6B | — | ||
| Q2 25 | $22.0B | — | ||
| Q1 25 | $22.9B | — | ||
| Q4 24 | $23.5B | — | ||
| Q3 24 | $23.5B | — | ||
| Q2 24 | $22.9B | — |
股东权益CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | $-1.6B | $2.6B | ||
| Q3 25 | $-1.5B | $2.5B | ||
| Q2 25 | $-1.4B | $2.5B | ||
| Q1 25 | $-1.3B | $2.5B | ||
| Q4 24 | $-133.0M | $2.6B | ||
| Q3 24 | $5.3B | $2.2B | ||
| Q2 24 | $5.7B | $2.1B |
总资产CCIDECK
| Q1 26 | $31.4M | — | ||
| Q4 25 | $31.5B | $4.1B | ||
| Q3 25 | $31.5B | $3.8B | ||
| Q2 25 | $31.6B | $3.8B | ||
| Q1 25 | $31.8B | $3.6B | ||
| Q4 24 | $32.7B | $4.0B | ||
| Q3 24 | $38.0B | $3.4B | ||
| Q2 24 | $38.2B | $3.3B |
负债/权益比CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.43× | — | ||
| Q2 24 | 4.04× | — |
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 | — | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $-43.0M | $1.0B |
| 自由现金流率自由现金流/营收 | -4.3% | 52.1% |
| 资本支出强度资本支出/营收 | 14.9% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.17× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $929.1M |
8季度趋势，按日历期对齐
经营现金流CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $1.0B | ||
| Q3 25 | $714.0M | $8.1M | ||
| Q2 25 | $832.0M | $36.1M | ||
| Q1 25 | $641.0M | $-73.0M | ||
| Q4 24 | $2.9B | $1.1B | ||
| Q3 24 | $699.0M | $-90.5M | ||
| Q2 24 | $768.0M | $112.7M |
自由现金流CCIDECK
| Q1 26 | $-43.0M | — | ||
| Q4 25 | $2.9B | $1.0B | ||
| Q3 25 | $671.0M | $-13.9M | ||
| Q2 25 | $792.0M | $12.2M | ||
| Q1 25 | $601.0M | $-89.4M | ||
| Q4 24 | $2.8B | $1.1B | ||
| Q3 24 | $661.0M | $-113.4M | ||
| Q2 24 | $729.0M | $90.1M |
自由现金流率CCIDECK
| Q1 26 | -4.3% | — | ||
| Q4 25 | 268.4% | 52.1% | ||
| Q3 25 | 62.6% | -1.0% | ||
| Q2 25 | 74.7% | 1.3% | ||
| Q1 25 | 56.6% | -8.8% | ||
| Q4 24 | 247.3% | 58.6% | ||
| Q3 24 | 59.0% | -8.6% | ||
| Q2 24 | 65.9% | 10.9% |
资本支出强度CCIDECK
| Q1 26 | 14.9% | — | ||
| Q4 25 | 17.0% | 1.1% | ||
| Q3 25 | 4.0% | 1.5% | ||
| Q2 25 | 3.8% | 2.5% | ||
| Q1 25 | 3.8% | 1.6% | ||
| Q4 24 | 15.7% | 1.3% | ||
| Q3 24 | 3.4% | 1.7% | ||
| Q2 24 | 3.5% | 2.7% |
现金转化率CCIDECK
| Q1 26 | — | — | ||
| Q4 25 | 10.40× | 2.17× | ||
| Q3 25 | 2.21× | 0.03× | ||
| Q2 25 | 2.86× | 0.26× | ||
| Q1 25 | — | -0.48× | ||
| Q4 24 | — | 2.40× | ||
| Q3 24 | 2.31× | -0.37× | ||
| Q2 24 | 3.06× | 0.97× |
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
CCI
| Site rental | $961.0M | 95% |
| Services and other | $49.0M | 5% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
