vs
Deckers Brands（DECK）与Entergy（ETR）财务数据对比。点击上方公司名可切换其他公司
Entergy的季度营收约是Deckers Brands的1.5倍（$3.0B vs $2.0B），Deckers Brands净利率更高（24.6% vs 8.1%，领先16.5%），Entergy同比增速更快（7.9% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $-909.7M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 2.9%）
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。
Entergy是美国能源企业，主营电力生产及零售配送业务，服务覆盖美国南部腹地，总部设于路易斯安那州新奥尔良。公司为阿肯色、路易斯安那、密西西比、得克萨斯四州共300万用户供电，发电装机容量约24000兆瓦，年营收110亿美元，员工规模超12000人。
DECK vs ETR — 直观对比
营收规模更大
ETR
是对方的1.5倍
$2.0B
营收增速更快
ETR
高出0.8%
7.1%
净利率更高
DECK
高出16.5%
8.1%
自由现金流更多
DECK
多$1.9B
$-909.7M
两年增速更快
DECK
近两年复合增速
2.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.0B |
| 净利润 | $481.1M | $240.5M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 18.4% |
| 净利率 | 24.6% | 8.1% |
| 营收同比 | 7.1% | 7.9% |
| 净利润同比 | 5.3% | -16.2% |
| 每股收益（稀释后） | $3.33 | $0.51 |
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DECKETR
| Q4 25 | $2.0B | $3.0B | ||
| Q3 25 | $1.4B | $3.8B | ||
| Q2 25 | $964.5M | $3.3B | ||
| Q1 25 | $1.0B | $2.8B | ||
| Q4 24 | $1.8B | $2.7B | ||
| Q3 24 | $1.3B | $3.4B | ||
| Q2 24 | $825.3M | $3.0B | ||
| Q1 24 | $959.8M | $2.8B |
净利润DECKETR
| Q4 25 | $481.1M | $240.5M | ||
| Q3 25 | $268.2M | $698.4M | ||
| Q2 25 | $139.2M | $472.0M | ||
| Q1 25 | $151.4M | $362.4M | ||
| Q4 24 | $456.7M | $287.2M | ||
| Q3 24 | $242.3M | $645.8M | ||
| Q2 24 | $115.6M | $51.7M | ||
| Q1 24 | $127.5M | $76.5M |
毛利率DECKETR
| 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% | — | ||
| Q1 24 | 56.2% | — |
营业利润率DECKETR
| Q4 25 | 31.4% | 18.4% | ||
| Q3 25 | 22.8% | 29.4% | ||
| Q2 25 | 17.1% | 25.2% | ||
| Q1 25 | 17.0% | 24.6% | ||
| Q4 24 | 31.0% | 24.4% | ||
| Q3 24 | 23.3% | 33.2% | ||
| Q2 24 | 16.1% | 20.9% | ||
| Q1 24 | 15.0% | 8.5% |
净利率DECKETR
| Q4 25 | 24.6% | 8.1% | ||
| Q3 25 | 18.7% | 18.3% | ||
| Q2 25 | 14.4% | 14.2% | ||
| Q1 25 | 14.8% | 12.7% | ||
| Q4 24 | 25.0% | 10.5% | ||
| Q3 24 | 18.5% | 19.1% | ||
| Q2 24 | 14.0% | 1.8% | ||
| Q1 24 | 13.3% | 2.7% |
每股收益（稀释后）DECKETR
| Q4 25 | $3.33 | $0.51 | ||
| Q3 25 | $1.82 | $1.53 | ||
| Q2 25 | $0.93 | $1.05 | ||
| Q1 25 | $-2.78 | $0.82 | ||
| Q4 24 | $3.00 | $0.66 | ||
| Q3 24 | $1.59 | $1.50 | ||
| Q2 24 | $4.52 | $0.11 | ||
| Q1 24 | $4.82 | $0.18 |
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 | $1.9B |
| 总债务越低越好 | — | $30.3B |
| 股东权益账面价值 | $2.6B | $16.9B |
| 总资产 | $4.1B | $71.9B |
| 负债/权益比越低杠杆越低 | — | 1.79× |
8季度趋势，按日历期对齐
现金及短期投资DECKETR
| Q4 25 | $2.1B | $1.9B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $2.2B | $859.7M | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $1.5B | $1.3B |
总债务DECKETR
| Q4 25 | — | $30.3B | ||
| Q3 25 | — | $29.0B | ||
| Q2 25 | — | $29.9B | ||
| Q1 25 | — | $29.6B | ||
| Q4 24 | — | $28.0B | ||
| Q3 24 | — | $27.9B | ||
| Q2 24 | — | $27.8B | ||
| Q1 24 | — | $26.5B |
股东权益DECKETR
| Q4 25 | $2.6B | $16.9B | ||
| Q3 25 | $2.5B | $16.7B | ||
| Q2 25 | $2.5B | $16.2B | ||
| Q1 25 | $2.5B | $15.2B | ||
| Q4 24 | $2.6B | $15.1B | ||
| Q3 24 | $2.2B | $15.0B | ||
| Q2 24 | $2.1B | $14.6B | ||
| Q1 24 | $2.1B | $14.5B |
总资产DECKETR
| Q4 25 | $4.1B | $71.9B | ||
| Q3 25 | $3.8B | $69.8B | ||
| Q2 25 | $3.8B | $68.4B | ||
| Q1 25 | $3.6B | $66.6B | ||
| Q4 24 | $4.0B | $64.8B | ||
| Q3 24 | $3.4B | $64.5B | ||
| Q2 24 | $3.3B | $62.8B | ||
| Q1 24 | $3.1B | $61.6B |
负债/权益比DECKETR
| Q4 25 | — | 1.79× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.95× | ||
| Q4 24 | — | 1.86× | ||
| Q3 24 | — | 1.85× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.83× |
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 | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-909.7M |
| 自由现金流率自由现金流/营收 | 52.1% | -30.7% |
| 资本支出强度资本支出/营收 | 1.1% | 71.9% |
| 现金转化率经营现金流/净利润 | 2.17× | 5.06× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流DECKETR
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $8.1M | $2.1B | ||
| Q2 25 | $36.1M | $1.3B | ||
| Q1 25 | $-73.0M | $536.2M | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $-90.5M | $1.6B | ||
| Q2 24 | $112.7M | $1.0B | ||
| Q1 24 | $-28.7M | $521.1M |
自由现金流DECKETR
| Q4 25 | $1.0B | $-909.7M | ||
| Q3 25 | $-13.9M | $246.0M | ||
| Q2 25 | $12.2M | $-746.6M | ||
| Q1 25 | $-89.4M | $-1.1B | ||
| Q4 24 | $1.1B | $-193.8M | ||
| Q3 24 | $-113.4M | $421.8M | ||
| Q2 24 | $90.1M | $-137.8M | ||
| Q1 24 | $-44.0M | $-440.1M |
自由现金流率DECKETR
| Q4 25 | 52.1% | -30.7% | ||
| Q3 25 | -1.0% | 6.5% | ||
| Q2 25 | 1.3% | -22.4% | ||
| Q1 25 | -8.8% | -39.5% | ||
| Q4 24 | 58.6% | -7.1% | ||
| Q3 24 | -8.6% | 12.4% | ||
| Q2 24 | 10.9% | -4.7% | ||
| Q1 24 | -4.6% | -15.7% |
资本支出强度DECKETR
| Q4 25 | 1.1% | 71.9% | ||
| Q3 25 | 1.5% | 49.5% | ||
| Q2 25 | 2.5% | 60.3% | ||
| Q1 25 | 1.6% | 58.3% | ||
| Q4 24 | 1.3% | 57.4% | ||
| Q3 24 | 1.7% | 33.7% | ||
| Q2 24 | 2.7% | 39.4% | ||
| Q1 24 | 1.6% | 34.4% |
现金转化率DECKETR
| Q4 25 | 2.17× | 5.06× | ||
| Q3 25 | 0.03× | 3.06× | ||
| Q2 25 | 0.26× | 2.67× | ||
| Q1 25 | -0.48× | 1.48× | ||
| Q4 24 | 2.40× | 4.80× | ||
| Q3 24 | -0.37× | 2.42× | ||
| Q2 24 | 0.97× | 19.82× | ||
| Q1 24 | -0.22× | 6.81× |
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% |
ETR
| Electricity Us Regulated | $2.9B | 100% |
| Other | $13.7M | 0% |
