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Deckers Brands（DECK）与COMFORT SYSTEMS USA INC（FIX）财务数据对比。点击上方公司名可切换其他公司
COMFORT SYSTEMS USA INC的季度营收约是Deckers Brands的1.4倍（$2.6B vs $2.0B），Deckers Brands净利率更高（24.6% vs 12.5%，领先12.1%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $402.4M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 31.2%）
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。
Comfort Systems USA Inc.是一家美国企业，主营机电工程承包服务，核心业务覆盖暖通空调、给排水、管道工程、控制系统、场外预制建造、监测服务、消防系统，以及电气系统的安装与运维，为各类客户提供一体化机电设施解决方案。
DECK vs FIX — 直观对比
营收规模更大
FIX
是对方的1.4倍
$2.0B
营收增速更快
FIX
高出34.5%
7.1%
净利率更高
DECK
高出12.1%
12.5%
自由现金流更多
DECK
多$617.8M
$402.4M
两年增速更快
DECK
近两年复合增速
31.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.6B |
| 净利润 | $481.1M | $330.8M |
| 毛利率 | 59.8% | 25.5% |
| 营业利润率 | 31.4% | 16.1% |
| 净利率 | 24.6% | 12.5% |
| 营收同比 | 7.1% | 41.7% |
| 净利润同比 | 5.3% | 126.8% |
| 每股收益（稀释后） | $3.33 | $9.35 |
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DECKFIX
| Q4 25 | $2.0B | $2.6B | ||
| Q3 25 | $1.4B | $2.5B | ||
| Q2 25 | $964.5M | $2.2B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $825.3M | $1.8B | ||
| Q1 24 | $959.8M | $1.5B |
净利润DECKFIX
| Q4 25 | $481.1M | $330.8M | ||
| Q3 25 | $268.2M | $291.6M | ||
| Q2 25 | $139.2M | $230.8M | ||
| Q1 25 | $151.4M | $169.3M | ||
| Q4 24 | $456.7M | $145.9M | ||
| Q3 24 | $242.3M | $146.2M | ||
| Q2 24 | $115.6M | $134.0M | ||
| Q1 24 | $127.5M | $96.3M |
毛利率DECKFIX
| Q4 25 | 59.8% | 25.5% | ||
| Q3 25 | 56.2% | 24.8% | ||
| Q2 25 | 55.8% | 23.5% | ||
| Q1 25 | 56.7% | 22.0% | ||
| Q4 24 | 60.3% | 23.2% | ||
| Q3 24 | 55.9% | 21.1% | ||
| Q2 24 | 56.9% | 20.1% | ||
| Q1 24 | 56.2% | 19.3% |
营业利润率DECKFIX
| Q4 25 | 31.4% | 16.1% | ||
| Q3 25 | 22.8% | 15.5% | ||
| Q2 25 | 17.1% | 13.8% | ||
| Q1 25 | 17.0% | 11.4% | ||
| Q4 24 | 31.0% | 12.1% | ||
| Q3 24 | 23.3% | 11.2% | ||
| Q2 24 | 16.1% | 10.2% | ||
| Q1 24 | 15.0% | 8.8% |
净利率DECKFIX
| Q4 25 | 24.6% | 12.5% | ||
| Q3 25 | 18.7% | 11.9% | ||
| Q2 25 | 14.4% | 10.6% | ||
| Q1 25 | 14.8% | 9.2% | ||
| Q4 24 | 25.0% | 7.8% | ||
| Q3 24 | 18.5% | 8.1% | ||
| Q2 24 | 14.0% | 7.4% | ||
| Q1 24 | 13.3% | 6.3% |
每股收益（稀释后）DECKFIX
| Q4 25 | $3.33 | $9.35 | ||
| Q3 25 | $1.82 | $8.25 | ||
| Q2 25 | $0.93 | $6.53 | ||
| Q1 25 | $-2.78 | $4.75 | ||
| Q4 24 | $3.00 | $4.08 | ||
| Q3 24 | $1.59 | $4.09 | ||
| Q2 24 | $4.52 | $3.74 | ||
| Q1 24 | $4.82 | $2.69 |
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 | $981.9M |
| 总债务越低越好 | — | $145.2M |
| 股东权益账面价值 | $2.6B | $2.4B |
| 总资产 | $4.1B | $6.4B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资DECKFIX
| Q4 25 | $2.1B | $981.9M | ||
| Q3 25 | $1.4B | $860.5M | ||
| Q2 25 | $1.7B | $331.7M | ||
| Q1 25 | $1.9B | $204.8M | ||
| Q4 24 | $2.2B | $549.9M | ||
| Q3 24 | $1.2B | $415.6M | ||
| Q2 24 | $1.4B | $199.4M | ||
| Q1 24 | $1.5B | $100.8M |
总债务DECKFIX
| Q4 25 | — | $145.2M | ||
| Q3 25 | — | $136.0M | ||
| Q2 25 | — | $73.0M | ||
| Q1 25 | — | $67.8M | ||
| Q4 24 | — | $68.3M | ||
| Q3 24 | — | $62.3M | ||
| Q2 24 | — | $73.4M | ||
| Q1 24 | — | $77.0M |
股东权益DECKFIX
| Q4 25 | $2.6B | $2.4B | ||
| Q3 25 | $2.5B | $2.2B | ||
| Q2 25 | $2.5B | $2.0B | ||
| Q1 25 | $2.5B | $1.8B | ||
| Q4 24 | $2.6B | $1.7B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $2.1B | $1.5B | ||
| Q1 24 | $2.1B | $1.4B |
总资产DECKFIX
| Q4 25 | $4.1B | $6.4B | ||
| Q3 25 | $3.8B | $5.8B | ||
| Q2 25 | $3.8B | $5.1B | ||
| Q1 25 | $3.6B | $4.6B | ||
| Q4 24 | $4.0B | $4.7B | ||
| Q3 24 | $3.4B | $4.4B | ||
| Q2 24 | $3.3B | $4.2B | ||
| Q1 24 | $3.1B | $3.9B |
负债/权益比DECKFIX
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.06× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | 0.06× |
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 | $468.5M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $402.4M |
| 自由现金流率自由现金流/营收 | 52.1% | 15.2% |
| 资本支出强度资本支出/营收 | 1.1% | 2.5% |
| 现金转化率经营现金流/净利润 | 2.17× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $1.0B |
8季度趋势，按日历期对齐
经营现金流DECKFIX
| Q4 25 | $1.0B | $468.5M | ||
| Q3 25 | $8.1M | $553.3M | ||
| Q2 25 | $36.1M | $252.5M | ||
| Q1 25 | $-73.0M | $-88.0M | ||
| Q4 24 | $1.1B | $210.5M | ||
| Q3 24 | $-90.5M | $302.2M | ||
| Q2 24 | $112.7M | $189.9M | ||
| Q1 24 | $-28.7M | $146.6M |
自由现金流DECKFIX
| Q4 25 | $1.0B | $402.4M | ||
| Q3 25 | $-13.9M | $517.9M | ||
| Q2 25 | $12.2M | $221.2M | ||
| Q1 25 | $-89.4M | $-110.2M | ||
| Q4 24 | $1.1B | $169.8M | ||
| Q3 24 | $-113.4M | $280.1M | ||
| Q2 24 | $90.1M | $166.5M | ||
| Q1 24 | $-44.0M | $121.6M |
自由现金流率DECKFIX
| Q4 25 | 52.1% | 15.2% | ||
| Q3 25 | -1.0% | 21.1% | ||
| Q2 25 | 1.3% | 10.2% | ||
| Q1 25 | -8.8% | -6.0% | ||
| Q4 24 | 58.6% | 9.1% | ||
| Q3 24 | -8.6% | 15.5% | ||
| Q2 24 | 10.9% | 9.2% | ||
| Q1 24 | -4.6% | 7.9% |
资本支出强度DECKFIX
| Q4 25 | 1.1% | 2.5% | ||
| Q3 25 | 1.5% | 1.4% | ||
| Q2 25 | 2.5% | 1.4% | ||
| Q1 25 | 1.6% | 1.2% | ||
| Q4 24 | 1.3% | 2.2% | ||
| Q3 24 | 1.7% | 1.2% | ||
| Q2 24 | 2.7% | 1.3% | ||
| Q1 24 | 1.6% | 1.6% |
现金转化率DECKFIX
| Q4 25 | 2.17× | 1.42× | ||
| Q3 25 | 0.03× | 1.90× | ||
| Q2 25 | 0.26× | 1.09× | ||
| Q1 25 | -0.48× | -0.52× | ||
| Q4 24 | 2.40× | 1.44× | ||
| Q3 24 | -0.37× | 2.07× | ||
| Q2 24 | 0.97× | 1.42× | ||
| Q1 24 | -0.22× | 1.52× |
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% |
FIX
| Electrical Segment | $823.7M | 31% |
| Manufacturing Customer | $542.7M | 21% |
| Existing Building Construction | $491.4M | 19% |
| Healthcare Sector Customer | $220.8M | 8% |
| Service Projects | $153.0M | 6% |
| Education | $137.5M | 5% |
| Government Customer | $131.0M | 5% |
| Office Building Customer | $88.2M | 3% |
| Other Customer | $40.7M | 2% |
| Multi Family And Residential | $33.7M | 1% |
