vs
Church & Dwight（CHD）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Church & Dwight的1.2倍（$2.0B vs $1.6B），Deckers Brands净利率更高（24.6% vs 8.7%，领先15.9%），Deckers Brands同比增速更快（7.1% vs 3.9%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 4.6%）
Church & Dwight是美国知名消费品企业，成立于1847年，总部位于新泽西州尤因。公司主营个人护理、家居用品及特色产品，旗下拥有Arm & Hammer、Trojan、OxiClean等知名品牌，2022年全年营收达54亿美元。
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。
CHD vs DECK — 直观对比
营收规模更大
DECK
是对方的1.2倍
$1.6B
营收增速更快
DECK
高出3.2%
3.9%
净利率更高
DECK
高出15.9%
8.7%
两年增速更快
DECK
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.0B |
| 净利润 | $143.5M | $481.1M |
| 毛利率 | 45.8% | 59.8% |
| 营业利润率 | 16.2% | 31.4% |
| 净利率 | 8.7% | 24.6% |
| 营收同比 | 3.9% | 7.1% |
| 净利润同比 | -24.2% | 5.3% |
| 每股收益（稀释后） | $0.60 | $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CHDDECK
| Q4 25 | $1.6B | $2.0B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.5B | $964.5M | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $825.3M | ||
| Q1 24 | $1.5B | $959.8M |
净利润CHDDECK
| Q4 25 | $143.5M | $481.1M | ||
| Q3 25 | $182.2M | $268.2M | ||
| Q2 25 | $191.0M | $139.2M | ||
| Q1 25 | $220.1M | $151.4M | ||
| Q4 24 | $189.2M | $456.7M | ||
| Q3 24 | $-75.1M | $242.3M | ||
| Q2 24 | $243.5M | $115.6M | ||
| Q1 24 | $227.7M | $127.5M |
毛利率CHDDECK
| Q4 25 | 45.8% | 59.8% | ||
| Q3 25 | 45.1% | 56.2% | ||
| Q2 25 | 43.0% | 55.8% | ||
| Q1 25 | 45.0% | 56.7% | ||
| Q4 24 | 44.7% | 60.3% | ||
| Q3 24 | 45.2% | 55.9% | ||
| Q2 24 | 47.1% | 56.9% | ||
| Q1 24 | 45.7% | 56.2% |
营业利润率CHDDECK
| Q4 25 | 16.2% | 31.4% | ||
| Q3 25 | 16.1% | 22.8% | ||
| Q2 25 | 17.4% | 17.1% | ||
| Q1 25 | 20.1% | 17.0% | ||
| Q4 24 | 16.2% | 31.0% | ||
| Q3 24 | -6.1% | 23.3% | ||
| Q2 24 | 22.3% | 16.1% | ||
| Q1 24 | 20.3% | 15.0% |
净利率CHDDECK
| Q4 25 | 8.7% | 24.6% | ||
| Q3 25 | 11.5% | 18.7% | ||
| Q2 25 | 12.7% | 14.4% | ||
| Q1 25 | 15.0% | 14.8% | ||
| Q4 24 | 12.0% | 25.0% | ||
| Q3 24 | -5.0% | 18.5% | ||
| Q2 24 | 16.1% | 14.0% | ||
| Q1 24 | 15.1% | 13.3% |
每股收益（稀释后）CHDDECK
| Q4 25 | $0.60 | $3.33 | ||
| Q3 25 | $0.75 | $1.82 | ||
| Q2 25 | $0.78 | $0.93 | ||
| Q1 25 | $0.89 | $-2.78 | ||
| Q4 24 | $0.76 | $3.00 | ||
| Q3 24 | $-0.31 | $1.59 | ||
| Q2 24 | $0.99 | $4.52 | ||
| Q1 24 | $0.93 | $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 | $409.0M | $2.1B |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $4.0B | $2.6B |
| 总资产 | $8.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.55× | — |
8季度趋势，按日历期对齐
现金及短期投资CHDDECK
| Q4 25 | $409.0M | $2.1B | ||
| Q3 25 | $305.3M | $1.4B | ||
| Q2 25 | $923.2M | $1.7B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $964.1M | $2.2B | ||
| Q3 24 | $752.1M | $1.2B | ||
| Q2 24 | $491.7M | $1.4B | ||
| Q1 24 | $349.7M | $1.5B |
总债务CHDDECK
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
股东权益CHDDECK
| Q4 25 | $4.0B | $2.6B | ||
| Q3 25 | $4.2B | $2.5B | ||
| Q2 25 | $4.4B | $2.5B | ||
| Q1 25 | $4.6B | $2.5B | ||
| Q4 24 | $4.4B | $2.6B | ||
| Q3 24 | $4.2B | $2.2B | ||
| Q2 24 | $4.3B | $2.1B | ||
| Q1 24 | $4.1B | $2.1B |
总资产CHDDECK
| Q4 25 | $8.9B | $4.1B | ||
| Q3 25 | $9.1B | $3.8B | ||
| Q2 25 | $8.8B | $3.8B | ||
| Q1 25 | $9.0B | $3.6B | ||
| Q4 24 | $8.9B | $4.0B | ||
| Q3 24 | $8.7B | $3.4B | ||
| Q2 24 | $8.8B | $3.3B | ||
| Q1 24 | $8.6B | $3.1B |
负债/权益比CHDDECK
| Q4 25 | 0.55× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.54× | — |
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 | — | $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 | 3.4% | 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 | — | $929.1M |
8季度趋势，按日历期对齐
经营现金流CHDDECK
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $36.1M | ||
| Q1 25 | — | $-73.0M | ||
| Q4 24 | $292.3M | $1.1B | ||
| Q3 24 | $364.0M | $-90.5M | ||
| Q2 24 | $236.9M | $112.7M | ||
| Q1 24 | $263.0M | $-28.7M |
自由现金流CHDDECK
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $-13.9M | ||
| Q2 25 | — | $12.2M | ||
| Q1 25 | — | $-89.4M | ||
| Q4 24 | $237.7M | $1.1B | ||
| Q3 24 | $315.4M | $-113.4M | ||
| Q2 24 | $206.6M | $90.1M | ||
| Q1 24 | $216.7M | $-44.0M |
自由现金流率CHDDECK
| Q4 25 | — | 52.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | -8.8% | ||
| Q4 24 | 15.0% | 58.6% | ||
| Q3 24 | 20.9% | -8.6% | ||
| Q2 24 | 13.7% | 10.9% | ||
| Q1 24 | 14.4% | -4.6% |
资本支出强度CHDDECK
| Q4 25 | 3.4% | 1.1% | ||
| Q3 25 | 1.8% | 1.5% | ||
| Q2 25 | 1.5% | 2.5% | ||
| Q1 25 | 1.1% | 1.6% | ||
| Q4 24 | 3.5% | 1.3% | ||
| Q3 24 | 3.2% | 1.7% | ||
| Q2 24 | 2.0% | 2.7% | ||
| Q1 24 | 3.1% | 1.6% |
现金转化率CHDDECK
| Q4 25 | — | 2.17× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | -0.48× | ||
| Q4 24 | 1.54× | 2.40× | ||
| Q3 24 | — | -0.37× | ||
| Q2 24 | 0.97× | 0.97× | ||
| Q1 24 | 1.16× | -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
CHD
| Household Products | $645.3M | 39% |
| Personal Care Products | $625.9M | 38% |
| Consumer International | $299.8M | 18% |
| Specialty Products Division | $73.2M | 4% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
