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Designer Brands Inc.（DBI）与盖茨工业（GTES）财务数据对比。点击上方公司名可切换其他公司
盖茨工业的季度营收约是Designer Brands Inc.的1.1倍（$856.2M vs $752.4M），盖茨工业净利率更高（6.0% vs 2.4%，领先3.6%），盖茨工业同比增速更快（3.2% vs -3.2%），盖茨工业自由现金流更多（$251.0M vs $57.5M），过去两年Designer Brands Inc.的营收复合增速更高（-0.1% vs -0.4%）
Designer Brands Inc.是一家美国鞋履及时尚配饰零售商，主打销售设计师品牌与知名品牌商品，旗下拥有知名连锁零售品牌DSW（设计师鞋履仓库），目前在美国经营超过500家线下门店，同时运营线上电商平台。
盖茨工业总部位于美国科罗拉多州丹佛市，是动力传动带及流体动力产品的专业制造商，产品广泛应用于各类工业和汽车领域。公司员工规模超1.5万人，在美洲、欧洲、亚洲、澳洲及中东均设有销售和生产基地。
DBI vs GTES — 直观对比
营收规模更大
GTES
是对方的1.1倍
$752.4M
营收增速更快
GTES
高出6.4%
-3.2%
净利率更高
GTES
高出3.6%
2.4%
自由现金流更多
GTES
多$193.5M
$57.5M
两年增速更快
DBI
近两年复合增速
-0.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $752.4M | $856.2M |
| 净利润 | $18.2M | $51.3M |
| 毛利率 | 45.1% | 38.0% |
| 营业利润率 | 5.7% | 12.8% |
| 净利率 | 2.4% | 6.0% |
| 营收同比 | -3.2% | 3.2% |
| 净利润同比 | 40.0% | 40.2% |
| 每股收益（稀释后） | $0.35 | $0.19 |
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DBIGTES
| Q4 25 | $752.4M | $856.2M | ||
| Q3 25 | $739.8M | $855.7M | ||
| Q2 25 | $686.9M | $883.7M | ||
| Q1 25 | $713.6M | $847.6M | ||
| Q4 24 | $777.2M | $829.4M | ||
| Q3 24 | $771.9M | $830.7M | ||
| Q2 24 | $746.6M | $885.5M | ||
| Q1 24 | $754.3M | $862.6M |
净利润DBIGTES
| Q4 25 | $18.2M | $51.3M | ||
| Q3 25 | $10.8M | $81.6M | ||
| Q2 25 | $-17.4M | $56.5M | ||
| Q1 25 | $-38.2M | $62.0M | ||
| Q4 24 | $13.0M | $36.6M | ||
| Q3 24 | $13.8M | $47.6M | ||
| Q2 24 | $783.0K | $70.7M | ||
| Q1 24 | $-29.6M | $40.0M |
毛利率DBIGTES
| Q4 25 | 45.1% | 38.0% | ||
| Q3 25 | 43.7% | 39.9% | ||
| Q2 25 | 43.0% | 40.8% | ||
| Q1 25 | 75.7% | 40.7% | ||
| Q4 24 | 43.0% | 40.4% | ||
| Q3 24 | 44.0% | 40.4% | ||
| Q2 24 | 44.2% | 40.4% | ||
| Q1 24 | 38.8% | 38.3% |
营业利润率DBIGTES
| Q4 25 | 5.7% | 12.8% | ||
| Q3 25 | 3.6% | 13.5% | ||
| Q2 25 | -1.1% | 13.1% | ||
| Q1 25 | -3.6% | 14.7% | ||
| Q4 24 | 2.9% | 13.6% | ||
| Q3 24 | 3.7% | 13.6% | ||
| Q2 24 | 1.3% | 15.4% | ||
| Q1 24 | -4.8% | 13.5% |
净利率DBIGTES
| Q4 25 | 2.4% | 6.0% | ||
| Q3 25 | 1.5% | 9.5% | ||
| Q2 25 | -2.5% | 6.4% | ||
| Q1 25 | -5.3% | 7.3% | ||
| Q4 24 | 1.7% | 4.4% | ||
| Q3 24 | 1.8% | 5.7% | ||
| Q2 24 | 0.1% | 8.0% | ||
| Q1 24 | -3.9% | 4.6% |
每股收益（稀释后）DBIGTES
| Q4 25 | $0.35 | $0.19 | ||
| Q3 25 | $0.22 | $0.31 | ||
| Q2 25 | $-0.36 | $0.22 | ||
| Q1 25 | $-0.69 | $0.24 | ||
| Q4 24 | $0.24 | $0.15 | ||
| Q3 24 | $0.24 | $0.18 | ||
| Q2 24 | $0.01 | $0.26 | ||
| Q1 24 | $-899.54 | $0.15 |
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 | $51.4M | $812.1M |
| 总债务越低越好 | $463.1M | $2.2B |
| 股东权益账面价值 | $298.6M | $3.3B |
| 总资产 | $2.1B | $7.2B |
| 负债/权益比越低杠杆越低 | 1.55× | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资DBIGTES
| Q4 25 | $51.4M | $812.1M | ||
| Q3 25 | $44.9M | $689.4M | ||
| Q2 25 | $46.0M | $719.7M | ||
| Q1 25 | $44.8M | $640.2M | ||
| Q4 24 | $36.2M | $682.0M | ||
| Q3 24 | $38.8M | $574.4M | ||
| Q2 24 | $43.4M | $579.7M | ||
| Q1 24 | $49.2M | $522.2M |
总债务DBIGTES
| Q4 25 | $463.1M | $2.2B | ||
| Q3 25 | $509.6M | $2.2B | ||
| Q2 25 | $516.2M | $2.3B | ||
| Q1 25 | $484.3M | $2.3B | ||
| Q4 24 | $529.6M | $2.4B | ||
| Q3 24 | $459.0M | $2.4B | ||
| Q2 24 | $469.3M | $2.3B | ||
| Q1 24 | $420.3M | $2.3B |
股东权益DBIGTES
| Q4 25 | $298.6M | $3.3B | ||
| Q3 25 | $280.8M | $3.4B | ||
| Q2 25 | $266.9M | $3.3B | ||
| Q1 25 | $278.5M | $3.1B | ||
| Q4 24 | $318.5M | $3.0B | ||
| Q3 24 | $355.5M | $3.1B | ||
| Q2 24 | $358.5M | $3.2B | ||
| Q1 24 | $359.2M | $3.2B |
总资产DBIGTES
| Q4 25 | $2.1B | $7.2B | ||
| Q3 25 | $2.1B | $7.1B | ||
| Q2 25 | $2.1B | $7.2B | ||
| Q1 25 | $2.0B | $6.9B | ||
| Q4 24 | $2.1B | $6.8B | ||
| Q3 24 | $2.1B | $7.1B | ||
| Q2 24 | $2.2B | $7.0B | ||
| Q1 24 | $2.1B | $7.0B |
负债/权益比DBIGTES
| Q4 25 | 1.55× | 0.67× | ||
| Q3 25 | 1.81× | 0.66× | ||
| Q2 25 | 1.93× | 0.72× | ||
| Q1 25 | 1.74× | 0.75× | ||
| Q4 24 | 1.66× | 0.78× | ||
| Q3 24 | 1.29× | 0.76× | ||
| Q2 24 | 1.31× | 0.73× | ||
| Q1 24 | 1.17× | 0.74× |
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 | $66.5M | $269.8M |
| 自由现金流经营现金流 - 资本支出 | $57.5M | $251.0M |
| 自由现金流率自由现金流/营收 | 7.6% | 29.3% |
| 资本支出强度资本支出/营收 | 1.2% | 2.2% |
| 现金转化率经营现金流/净利润 | 3.65× | 5.26× |
| 过去12个月自由现金流最近4个季度 | $99.9M | $404.9M |
8季度趋势，按日历期对齐
经营现金流DBIGTES
| Q4 25 | $66.5M | $269.8M | ||
| Q3 25 | $21.4M | $98.0M | ||
| Q2 25 | $-20.4M | $103.0M | ||
| Q1 25 | $70.1M | $7.3M | ||
| Q4 24 | $-9.8M | $190.9M | ||
| Q3 24 | $41.6M | $115.9M | ||
| Q2 24 | $-19.7M | $93.8M | ||
| Q1 24 | $-40.1M | $-21.0M |
自由现金流DBIGTES
| Q4 25 | $57.5M | $251.0M | ||
| Q3 25 | $11.9M | $80.5M | ||
| Q2 25 | $-27.6M | $83.6M | ||
| Q1 25 | $58.1M | $-10.2M | ||
| Q4 24 | $-19.2M | $167.6M | ||
| Q3 24 | $28.0M | $94.0M | ||
| Q2 24 | $-35.6M | $71.9M | ||
| Q1 24 | $-52.8M | $-37.0M |
自由现金流率DBIGTES
| Q4 25 | 7.6% | 29.3% | ||
| Q3 25 | 1.6% | 9.4% | ||
| Q2 25 | -4.0% | 9.5% | ||
| Q1 25 | 8.1% | -1.2% | ||
| Q4 24 | -2.5% | 20.2% | ||
| Q3 24 | 3.6% | 11.3% | ||
| Q2 24 | -4.8% | 8.1% | ||
| Q1 24 | -7.0% | -4.3% |
资本支出强度DBIGTES
| Q4 25 | 1.2% | 2.2% | ||
| Q3 25 | 1.3% | 2.0% | ||
| Q2 25 | 1.1% | 2.2% | ||
| Q1 25 | 1.7% | 2.1% | ||
| Q4 24 | 1.2% | 2.8% | ||
| Q3 24 | 1.8% | 2.6% | ||
| Q2 24 | 2.1% | 2.5% | ||
| Q1 24 | 1.7% | 1.9% |
现金转化率DBIGTES
| Q4 25 | 3.65× | 5.26× | ||
| Q3 25 | 1.98× | 1.20× | ||
| Q2 25 | — | 1.82× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | -0.75× | 5.22× | ||
| Q3 24 | 3.01× | 2.43× | ||
| Q2 24 | -25.13× | 1.33× | ||
| Q1 24 | — | -0.53× |
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
DBI
| Womens | $280.7M | 37% |
| Athletic Footwear | $188.6M | 25% |
| Wholesale | $89.8M | 12% |
| Canada Retail Segment | $77.3M | 10% |
| Mens | $76.1M | 10% |
| Kids | $24.2M | 3% |
| Commission Income | $10.8M | 1% |
| Directto Consumer | $1.3M | 0% |
GTES
| Power Transmission Segment | $536.5M | 63% |
| Fluid Power Segment | $319.7M | 37% |
