vs
Cincinnati Financial（CINF）与Deckers Brands（DECK）财务数据对比。点击上方公司名可切换其他公司
Cincinnati Financial的季度营收约是Deckers Brands的1.4倍（$2.8B vs $2.0B），Deckers Brands净利率更高（24.6% vs 9.6%，领先15.0%），Deckers Brands同比增速更快（7.1% vs -1.7%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 5.2%）
辛辛那提金融公司主营财产与意外伤害保险，通过旗下辛辛那提保险公司、辛辛那提赔偿公司及辛辛那提意外伤害保险公司运营核心业务。目前该公司在美国国内财险保费市场占比达1.01%，按市场份额计算位列美国第20大保险公司。
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。
CINF vs DECK — 直观对比
营收规模更大
CINF
是对方的1.4倍
$2.0B
营收增速更快
DECK
高出8.9%
-1.7%
净利率更高
DECK
高出15.0%
9.6%
两年增速更快
DECK
近两年复合增速
5.2%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $2.0B |
| 净利润 | $274.0M | $481.1M |
| 毛利率 | — | 59.8% |
| 营业利润率 | — | 31.4% |
| 净利率 | 9.6% | 24.6% |
| 营收同比 | -1.7% | 7.1% |
| 净利润同比 | 404.4% | 5.3% |
| 每股收益（稀释后） | — | $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CINFDECK
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.1B | $2.0B | ||
| Q3 25 | $3.7B | $1.4B | ||
| Q2 25 | $3.2B | $964.5M | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $3.3B | $1.3B | ||
| Q2 24 | $2.5B | $825.3M |
净利润CINFDECK
| Q1 26 | $274.0M | — | ||
| Q4 25 | $676.0M | $481.1M | ||
| Q3 25 | $1.1B | $268.2M | ||
| Q2 25 | $685.0M | $139.2M | ||
| Q1 25 | $-90.0M | $151.4M | ||
| Q4 24 | $405.0M | $456.7M | ||
| Q3 24 | $820.0M | $242.3M | ||
| Q2 24 | $312.0M | $115.6M |
毛利率CINFDECK
| Q1 26 | — | — | ||
| 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% |
营业利润率CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 31.4% | ||
| Q3 25 | 37.9% | 22.8% | ||
| Q2 25 | 26.3% | 17.1% | ||
| Q1 25 | -5.0% | 17.0% | ||
| Q4 24 | 18.9% | 31.0% | ||
| Q3 24 | 31.3% | 23.3% | ||
| Q2 24 | 15.2% | 16.1% |
净利率CINFDECK
| Q1 26 | 9.6% | — | ||
| Q4 25 | 21.9% | 24.6% | ||
| Q3 25 | 30.1% | 18.7% | ||
| Q2 25 | 21.1% | 14.4% | ||
| Q1 25 | -3.5% | 14.8% | ||
| Q4 24 | 16.0% | 25.0% | ||
| Q3 24 | 24.7% | 18.5% | ||
| Q2 24 | 12.3% | 14.0% |
每股收益（稀释后）CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | $4.29 | $3.33 | ||
| Q3 25 | $7.11 | $1.82 | ||
| Q2 25 | $4.34 | $0.93 | ||
| Q1 25 | $-0.57 | $-2.78 | ||
| Q4 24 | $2.57 | $3.00 | ||
| Q3 24 | $5.20 | $1.59 | ||
| Q2 24 | $1.98 | $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 | $1.2B | $2.1B |
| 总债务越低越好 | $816.0M | — |
| 股东权益账面价值 | $15.7B | $2.6B |
| 总资产 | $41.2B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.05× | — |
8季度趋势，按日历期对齐
现金及短期投资CINFDECK
| Q1 26 | $1.2B | — | ||
| Q4 25 | $148.0M | $2.1B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $771.0M | $1.4B |
总债务CINFDECK
| Q1 26 | $816.0M | — | ||
| Q4 25 | $861.0M | — | ||
| Q3 25 | $858.0M | — | ||
| Q2 25 | $859.0M | — | ||
| Q1 25 | $853.0M | — | ||
| Q4 24 | $850.0M | — | ||
| Q3 24 | $849.0M | — | ||
| Q2 24 | $849.0M | — |
股东权益CINFDECK
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.9B | $2.6B | ||
| Q3 25 | $15.4B | $2.5B | ||
| Q2 25 | $14.3B | $2.5B | ||
| Q1 25 | $13.7B | $2.5B | ||
| Q4 24 | $13.9B | $2.6B | ||
| Q3 24 | $13.8B | $2.2B | ||
| Q2 24 | $12.8B | $2.1B |
总资产CINFDECK
| Q1 26 | $41.2B | — | ||
| Q4 25 | $41.0B | $4.1B | ||
| Q3 25 | $40.6B | $3.8B | ||
| Q2 25 | $38.8B | $3.8B | ||
| Q1 25 | $37.3B | $3.6B | ||
| Q4 24 | $36.5B | $4.0B | ||
| Q3 24 | $37.0B | $3.4B | ||
| Q2 24 | $34.8B | $3.3B |
负债/权益比CINFDECK
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.05× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.07× | — |
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 | — | 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CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | $947.0M | $1.0B | ||
| Q3 25 | $1.1B | $8.1M | ||
| Q2 25 | $741.0M | $36.1M | ||
| Q1 25 | $310.0M | $-73.0M | ||
| Q4 24 | $642.0M | $1.1B | ||
| Q3 24 | $912.0M | $-90.5M | ||
| Q2 24 | $742.0M | $112.7M |
自由现金流CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | $939.0M | $1.0B | ||
| Q3 25 | $1.1B | $-13.9M | ||
| Q2 25 | $737.0M | $12.2M | ||
| Q1 25 | $307.0M | $-89.4M | ||
| Q4 24 | $638.0M | $1.1B | ||
| Q3 24 | $906.0M | $-113.4M | ||
| Q2 24 | $737.0M | $90.1M |
自由现金流率CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | 30.4% | 52.1% | ||
| Q3 25 | 29.8% | -1.0% | ||
| Q2 25 | 22.7% | 1.3% | ||
| Q1 25 | 12.0% | -8.8% | ||
| Q4 24 | 25.1% | 58.6% | ||
| Q3 24 | 27.3% | -8.6% | ||
| Q2 24 | 29.0% | 10.9% |
资本支出强度CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 1.1% | ||
| Q3 25 | 0.1% | 1.5% | ||
| Q2 25 | 0.1% | 2.5% | ||
| Q1 25 | 0.1% | 1.6% | ||
| Q4 24 | 0.2% | 1.3% | ||
| Q3 24 | 0.2% | 1.7% | ||
| Q2 24 | 0.2% | 2.7% |
现金转化率CINFDECK
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 2.17× | ||
| Q3 25 | 0.99× | 0.03× | ||
| Q2 25 | 1.08× | 0.26× | ||
| Q1 25 | — | -0.48× | ||
| Q4 24 | 1.59× | 2.40× | ||
| Q3 24 | 1.11× | -0.37× | ||
| Q2 24 | 2.38× | 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
CINF
| Property casualty | $2.6B | 93% |
| Life | $105.0M | 4% |
| Other | $92.0M | 3% |
| Fee revenues | $1.0M | 0% |
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
