vs
Deckers Brands（DECK）与Equinix（EQIX）财务数据对比。点击上方公司名可切换其他公司
Equinix的季度营收约是Deckers Brands的1.2倍（$2.4B vs $2.0B），Deckers Brands净利率更高（24.6% vs 0.0%，领先24.6%），Equinix同比增速更快（9.0% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $-596.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 5.4%）
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。
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
DECK vs EQIX — 直观对比
营收规模更大
EQIX
是对方的1.2倍
$2.0B
营收增速更快
EQIX
高出1.9%
7.1%
净利率更高
DECK
高出24.6%
0.0%
自由现金流更多
DECK
多$1.6B
$-596.0M
两年增速更快
DECK
近两年复合增速
5.4%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.4B |
| 净利润 | $481.1M | $415.0K |
| 毛利率 | 59.8% | 0.1% |
| 营业利润率 | 31.4% | 0.0% |
| 净利率 | 24.6% | 0.0% |
| 营收同比 | 7.1% | 9.0% |
| 净利润同比 | 5.3% | 21.0% |
| 每股收益（稀释后） | $3.33 | $0.00 |
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DECKEQIX
| Q2 26 | — | $2.4B | ||
| Q1 26 | — | $2.4B | ||
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $964.5M | $2.3B | ||
| Q1 25 | $1.0B | $2.2B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.3B | $2.2B |
净利润DECKEQIX
| Q2 26 | — | $415.0K | ||
| Q1 26 | — | $265.0M | ||
| Q4 25 | $481.1M | $265.0M | ||
| Q3 25 | $268.2M | $374.0M | ||
| Q2 25 | $139.2M | $368.0M | ||
| Q1 25 | $151.4M | $343.0M | ||
| Q4 24 | $456.7M | $-14.0M | ||
| Q3 24 | $242.3M | $297.0M |
毛利率DECKEQIX
| Q2 26 | — | 0.1% | ||
| Q1 26 | — | 50.5% | ||
| Q4 25 | 59.8% | 50.5% | ||
| Q3 25 | 56.2% | 50.7% | ||
| Q2 25 | 55.8% | 52.0% | ||
| Q1 25 | 56.7% | 51.3% | ||
| Q4 24 | 60.3% | 47.1% | ||
| Q3 24 | 55.9% | 50.1% |
营业利润率DECKEQIX
| Q2 26 | — | 0.0% | ||
| Q1 26 | — | 17.4% | ||
| Q4 25 | 31.4% | 17.4% | ||
| Q3 25 | 22.8% | 20.5% | ||
| Q2 25 | 17.1% | 21.9% | ||
| Q1 25 | 17.0% | 20.6% | ||
| Q4 24 | 31.0% | 4.6% | ||
| Q3 24 | 23.3% | 19.3% |
净利率DECKEQIX
| Q2 26 | — | 0.0% | ||
| Q1 26 | — | 11.0% | ||
| Q4 25 | 24.6% | 11.0% | ||
| Q3 25 | 18.7% | 16.1% | ||
| Q2 25 | 14.4% | 16.3% | ||
| Q1 25 | 14.8% | 15.4% | ||
| Q4 24 | 25.0% | -0.6% | ||
| Q3 24 | 18.5% | 13.5% |
每股收益（稀释后）DECKEQIX
| Q2 26 | — | $0.00 | ||
| Q1 26 | — | $2.70 | ||
| Q4 25 | $3.33 | $2.70 | ||
| Q3 25 | $1.82 | $3.81 | ||
| Q2 25 | $0.93 | $3.75 | ||
| Q1 25 | $-2.78 | $3.50 | ||
| Q4 24 | $3.00 | $-0.19 | ||
| Q3 24 | $1.59 | $3.10 |
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 | $2.1B | $3.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $14.3B |
| 总资产 | $4.1B | $40.9B |
| 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DECKEQIX
| Q2 26 | — | $3.1B | ||
| Q1 26 | — | $3.2B | ||
| Q4 25 | $2.1B | $3.2B | ||
| Q3 25 | $1.4B | $2.9B | ||
| Q2 25 | $1.7B | $4.5B | ||
| Q1 25 | $1.9B | $3.7B | ||
| Q4 24 | $2.2B | $3.6B | ||
| Q3 24 | $1.2B | $3.2B |
总债务DECKEQIX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $17.3B | ||
| Q2 25 | — | $18.1B | ||
| Q1 25 | — | $15.9B | ||
| Q4 24 | — | $15.3B | ||
| Q3 24 | — | $15.4B |
股东权益DECKEQIX
| Q2 26 | — | $14.3B | ||
| Q1 26 | — | $14.2B | ||
| Q4 25 | $2.6B | $14.2B | ||
| Q3 25 | $2.5B | $14.2B | ||
| Q2 25 | $2.5B | $14.1B | ||
| Q1 25 | $2.5B | $13.9B | ||
| Q4 24 | $2.6B | $13.5B | ||
| Q3 24 | $2.2B | $13.6B |
总资产DECKEQIX
| Q2 26 | — | $40.9B | ||
| Q1 26 | — | $40.1B | ||
| Q4 25 | $4.1B | $40.1B | ||
| Q3 25 | $3.8B | $38.1B | ||
| Q2 25 | $3.8B | $38.8B | ||
| Q1 25 | $3.6B | $36.1B | ||
| Q4 24 | $4.0B | $35.1B | ||
| Q3 24 | $3.4B | $35.4B |
负债/权益比DECKEQIX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.22× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | — | 1.14× | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 1.13× |
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 | $717.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-596.0M |
| 自由现金流率自由现金流/营收 | 52.1% | -24.4% |
| 资本支出强度资本支出/营收 | 1.1% | 0.0% |
| 现金转化率经营现金流/净利润 | 2.17× | 1727.71× |
| 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DECKEQIX
| Q2 26 | — | $717.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $1.1B | ||
| Q3 25 | $8.1M | $1.0B | ||
| Q2 25 | $36.1M | $944.0M | ||
| Q1 25 | $-73.0M | $809.0M | ||
| Q4 24 | $1.1B | $981.0M | ||
| Q3 24 | $-90.5M | $758.0M |
自由现金流DECKEQIX
| Q2 26 | — | $-596.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $-292.0M | ||
| Q3 25 | $-13.9M | $-122.0M | ||
| Q2 25 | $12.2M | $-45.0M | ||
| Q1 25 | $-89.4M | $59.0M | ||
| Q4 24 | $1.1B | $-6.0M | ||
| Q3 24 | $-113.4M | $34.0M |
自由现金流率DECKEQIX
| Q2 26 | — | -24.4% | ||
| Q1 26 | — | — | ||
| Q4 25 | 52.1% | -12.1% | ||
| Q3 25 | -1.0% | -5.3% | ||
| Q2 25 | 1.3% | -2.0% | ||
| Q1 25 | -8.8% | 2.7% | ||
| Q4 24 | 58.6% | -0.3% | ||
| Q3 24 | -8.6% | 1.5% |
资本支出强度DECKEQIX
| Q2 26 | — | 0.0% | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 59.3% | ||
| Q3 25 | 1.5% | 49.1% | ||
| Q2 25 | 2.5% | 43.8% | ||
| Q1 25 | 1.6% | 33.7% | ||
| Q4 24 | 1.3% | 43.7% | ||
| Q3 24 | 1.7% | 32.9% |
现金转化率DECKEQIX
| Q2 26 | — | 1727.71× | ||
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | 4.32× | ||
| Q3 25 | 0.03× | 2.71× | ||
| Q2 25 | 0.26× | 2.57× | ||
| Q1 25 | -0.48× | 2.36× | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | 2.55× |
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
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
EQIX
| Recurring revenues | $1.0B | 43% |
| Colocation | $731.0M | 30% |
| Other | $314.0M | 13% |
| Interconnection | $251.0M | 10% |
| Managed infrastructure | $57.0M | 2% |
| Non-recurring revenues | $45.0M | 2% |
