vs
Designer Brands Inc.（DBI）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
Designer Brands Inc.的季度营收约是RBC Bearings INC的1.6倍（$752.4M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 2.4%，领先12.2%），RBC Bearings INC同比增速更快（17.0% vs -3.2%），RBC Bearings INC自由现金流更多（$99.1M vs $57.5M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -0.1%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
DBI vs RBC — 直观对比
营收规模更大
DBI
是对方的1.6倍
$461.6M
营收增速更快
RBC
高出20.2%
-3.2%
净利率更高
RBC
高出12.2%
2.4%
自由现金流更多
RBC
多$41.6M
$57.5M
两年增速更快
RBC
近两年复合增速
-0.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $752.4M | $461.6M |
| 净利润 | $18.2M | $67.4M |
| 毛利率 | 45.1% | 44.3% |
| 营业利润率 | 5.7% | 22.3% |
| 净利率 | 2.4% | 14.6% |
| 营收同比 | -3.2% | 17.0% |
| 净利润同比 | 40.0% | 16.4% |
| 每股收益（稀释后） | $0.35 | $2.13 |
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DBIRBC
| Q4 25 | $752.4M | $461.6M | ||
| Q3 25 | $739.8M | $455.3M | ||
| Q2 25 | $686.9M | $436.0M | ||
| Q1 25 | $713.6M | $437.7M | ||
| Q4 24 | $777.2M | $394.4M | ||
| Q3 24 | $771.9M | $397.9M | ||
| Q2 24 | $746.6M | $406.3M | ||
| Q1 24 | $754.3M | $413.7M |
净利润DBIRBC
| Q4 25 | $18.2M | $67.4M | ||
| Q3 25 | $10.8M | $60.0M | ||
| Q2 25 | $-17.4M | $68.5M | ||
| Q1 25 | $-38.2M | $72.7M | ||
| Q4 24 | $13.0M | $57.9M | ||
| Q3 24 | $13.8M | $54.2M | ||
| Q2 24 | $783.0K | $61.4M | ||
| Q1 24 | $-29.6M | — |
毛利率DBIRBC
| Q4 25 | 45.1% | 44.3% | ||
| Q3 25 | 43.7% | 44.1% | ||
| Q2 25 | 43.0% | 44.8% | ||
| Q1 25 | 75.7% | 44.2% | ||
| Q4 24 | 43.0% | 44.3% | ||
| Q3 24 | 44.0% | 43.7% | ||
| Q2 24 | 44.2% | 45.3% | ||
| Q1 24 | 38.8% | 43.1% |
营业利润率DBIRBC
| Q4 25 | 5.7% | 22.3% | ||
| Q3 25 | 3.6% | 21.5% | ||
| Q2 25 | -1.1% | 23.2% | ||
| Q1 25 | -3.6% | 23.0% | ||
| Q4 24 | 2.9% | 21.7% | ||
| Q3 24 | 3.7% | 21.6% | ||
| Q2 24 | 1.3% | 24.0% | ||
| Q1 24 | -4.8% | 22.8% |
净利率DBIRBC
| Q4 25 | 2.4% | 14.6% | ||
| Q3 25 | 1.5% | 13.2% | ||
| Q2 25 | -2.5% | 15.7% | ||
| Q1 25 | -5.3% | 16.6% | ||
| Q4 24 | 1.7% | 14.7% | ||
| Q3 24 | 1.8% | 13.6% | ||
| Q2 24 | 0.1% | 15.1% | ||
| Q1 24 | -3.9% | — |
每股收益（稀释后）DBIRBC
| Q4 25 | $0.35 | $2.13 | ||
| Q3 25 | $0.22 | $1.90 | ||
| Q2 25 | $-0.36 | $2.17 | ||
| Q1 25 | $-0.69 | $2.33 | ||
| Q4 24 | $0.24 | $1.82 | ||
| Q3 24 | $0.24 | $1.65 | ||
| Q2 24 | $0.01 | $1.90 | ||
| Q1 24 | $-899.54 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $463.1M | $990.2M |
| 股东权益账面价值 | $298.6M | $3.3B |
| 总资产 | $2.1B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.55× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DBIRBC
| Q4 25 | $51.4M | $107.6M | ||
| Q3 25 | $44.9M | $91.2M | ||
| Q2 25 | $46.0M | $132.9M | ||
| Q1 25 | $44.8M | $36.8M | ||
| Q4 24 | $36.2M | — | ||
| Q3 24 | $38.8M | — | ||
| Q2 24 | $43.4M | $76.8M | ||
| Q1 24 | $49.2M | $63.5M |
总债务DBIRBC
| Q4 25 | $463.1M | $990.2M | ||
| Q3 25 | $509.6M | $1.1B | ||
| Q2 25 | $516.2M | $915.6M | ||
| Q1 25 | $484.3M | $920.1M | ||
| Q4 24 | $529.6M | — | ||
| Q3 24 | $459.0M | — | ||
| Q2 24 | $469.3M | — | ||
| Q1 24 | $420.3M | $1.2B |
股东权益DBIRBC
| Q4 25 | $298.6M | $3.3B | ||
| Q3 25 | $280.8M | $3.2B | ||
| Q2 25 | $266.9M | $3.1B | ||
| Q1 25 | $278.5M | $3.0B | ||
| Q4 24 | $318.5M | $2.9B | ||
| Q3 24 | $355.5M | $2.9B | ||
| Q2 24 | $358.5M | $2.8B | ||
| Q1 24 | $359.2M | $2.8B |
总资产DBIRBC
| Q4 25 | $2.1B | $5.1B | ||
| Q3 25 | $2.1B | $5.1B | ||
| Q2 25 | $2.1B | $4.8B | ||
| Q1 25 | $2.0B | $4.7B | ||
| Q4 24 | $2.1B | $4.7B | ||
| Q3 24 | $2.1B | $4.7B | ||
| Q2 24 | $2.2B | $4.7B | ||
| Q1 24 | $2.1B | $4.7B |
负债/权益比DBIRBC
| Q4 25 | 1.55× | 0.30× | ||
| Q3 25 | 1.81× | 0.34× | ||
| Q2 25 | 1.93× | 0.29× | ||
| Q1 25 | 1.74× | 0.30× | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.31× | — | ||
| Q1 24 | 1.17× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $57.5M | $99.1M |
| 自由现金流率自由现金流/营收 | 7.6% | 21.5% |
| 资本支出强度资本支出/营收 | 1.2% | 5.0% |
| 现金转化率经营现金流/净利润 | 3.65× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $99.9M | — |
8季度趋势，按日历期对齐
经营现金流DBIRBC
| Q4 25 | $66.5M | $122.1M | ||
| Q3 25 | $21.4M | $88.4M | ||
| Q2 25 | $-20.4M | $120.0M | ||
| Q1 25 | $70.1M | — | ||
| Q4 24 | $-9.8M | $84.0M | ||
| Q3 24 | $41.6M | — | ||
| Q2 24 | $-19.7M | $97.4M | ||
| Q1 24 | $-40.1M | — |
自由现金流DBIRBC
| Q4 25 | $57.5M | $99.1M | ||
| Q3 25 | $11.9M | $71.7M | ||
| Q2 25 | $-27.6M | $104.3M | ||
| Q1 25 | $58.1M | — | ||
| Q4 24 | $-19.2M | $73.6M | ||
| Q3 24 | $28.0M | — | ||
| Q2 24 | $-35.6M | $88.4M | ||
| Q1 24 | $-52.8M | — |
自由现金流率DBIRBC
| Q4 25 | 7.6% | 21.5% | ||
| Q3 25 | 1.6% | 15.7% | ||
| Q2 25 | -4.0% | 23.9% | ||
| Q1 25 | 8.1% | — | ||
| Q4 24 | -2.5% | 18.7% | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | -4.8% | 21.8% | ||
| Q1 24 | -7.0% | — |
资本支出强度DBIRBC
| Q4 25 | 1.2% | 5.0% | ||
| Q3 25 | 1.3% | 3.7% | ||
| Q2 25 | 1.1% | 3.6% | ||
| Q1 25 | 1.7% | 3.2% | ||
| Q4 24 | 1.2% | 2.6% | ||
| Q3 24 | 1.8% | 4.1% | ||
| Q2 24 | 2.1% | 2.2% | ||
| Q1 24 | 1.7% | — |
现金转化率DBIRBC
| Q4 25 | 3.65× | 1.81× | ||
| Q3 25 | 1.98× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.75× | 1.45× | ||
| Q3 24 | 3.01× | — | ||
| Q2 24 | -25.13× | 1.59× | ||
| Q1 24 | — | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
