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Deckers Brands（DECK）与GRAPHIC PACKAGING HOLDING CO（GPK）财务数据对比。点击上方公司名可切换其他公司
GRAPHIC PACKAGING HOLDING CO的季度营收约是Deckers Brands的1.1倍（$2.1B vs $2.0B），Deckers Brands净利率更高（24.6% vs 3.4%，领先21.2%），Deckers Brands同比增速更快（7.1% vs 0.2%），过去两年Deckers Brands的营收复合增速更高（42.8% vs -3.5%）
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。
Graphic Packaging Holding是总部位于美国佐治亚州亚特兰大的世界500强企业，专注于设计和生产商用产品包装解决方案，主营纸板及折叠纸盒业务，产品广泛应用于饮料、包装食品等各类热门消费品领域，在美国多州运营采用回收原料的纸板工厂。
DECK vs GPK — 直观对比
营收规模更大
GPK
是对方的1.1倍
$2.0B
营收增速更快
DECK
高出6.9%
0.2%
净利率更高
DECK
高出21.2%
3.4%
两年增速更快
DECK
近两年复合增速
-3.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.1B |
| 净利润 | $481.1M | $71.0M |
| 毛利率 | 59.8% | 14.1% |
| 营业利润率 | 31.4% | 7.4% |
| 净利率 | 24.6% | 3.4% |
| 营收同比 | 7.1% | 0.2% |
| 净利润同比 | 5.3% | -48.6% |
| 每股收益（稀释后） | $3.33 | $0.24 |
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DECKGPK
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $964.5M | $2.2B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $825.3M | $2.2B | ||
| Q1 24 | $959.8M | $2.3B |
净利润DECKGPK
| Q4 25 | $481.1M | $71.0M | ||
| Q3 25 | $268.2M | $142.0M | ||
| Q2 25 | $139.2M | $104.0M | ||
| Q1 25 | $151.4M | $127.0M | ||
| Q4 24 | $456.7M | $138.0M | ||
| Q3 24 | $242.3M | $165.0M | ||
| Q2 24 | $115.6M | $190.0M | ||
| Q1 24 | $127.5M | $165.0M |
毛利率DECKGPK
| Q4 25 | 59.8% | 14.1% | ||
| Q3 25 | 56.2% | 19.6% | ||
| Q2 25 | 55.8% | 18.7% | ||
| Q1 25 | 56.7% | 20.6% | ||
| Q4 24 | 60.3% | 21.4% | ||
| Q3 24 | 55.9% | 22.3% | ||
| Q2 24 | 56.9% | 21.2% | ||
| Q1 24 | 56.2% | 23.0% |
营业利润率DECKGPK
| Q4 25 | 31.4% | 7.4% | ||
| Q3 25 | 22.8% | 10.7% | ||
| Q2 25 | 17.1% | 8.8% | ||
| Q1 25 | 17.0% | 10.5% | ||
| Q4 24 | 31.0% | 11.4% | ||
| Q3 24 | 23.3% | 12.6% | ||
| Q2 24 | 16.1% | 14.5% | ||
| Q1 24 | 15.0% | 12.4% |
净利率DECKGPK
| Q4 25 | 24.6% | 3.4% | ||
| Q3 25 | 18.7% | 6.5% | ||
| Q2 25 | 14.4% | 4.7% | ||
| Q1 25 | 14.8% | 6.0% | ||
| Q4 24 | 25.0% | 6.6% | ||
| Q3 24 | 18.5% | 7.5% | ||
| Q2 24 | 14.0% | 8.5% | ||
| Q1 24 | 13.3% | 7.3% |
每股收益（稀释后）DECKGPK
| Q4 25 | $3.33 | $0.24 | ||
| Q3 25 | $1.82 | $0.48 | ||
| Q2 25 | $0.93 | $0.34 | ||
| Q1 25 | $-2.78 | $0.42 | ||
| Q4 24 | $3.00 | $0.46 | ||
| Q3 24 | $1.59 | $0.55 | ||
| Q2 24 | $4.52 | $0.62 | ||
| Q1 24 | $4.82 | $0.53 |
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 | $261.0M |
| 总债务越低越好 | — | $5.0B |
| 股东权益账面价值 | $2.6B | $3.3B |
| 总资产 | $4.1B | $11.8B |
| 负债/权益比越低杠杆越低 | — | 1.51× |
8季度趋势，按日历期对齐
现金及短期投资DECKGPK
| Q4 25 | $2.1B | $261.0M | ||
| Q3 25 | $1.4B | $120.0M | ||
| Q2 25 | $1.7B | $120.0M | ||
| Q1 25 | $1.9B | $129.0M | ||
| Q4 24 | $2.2B | $157.0M | ||
| Q3 24 | $1.2B | $126.0M | ||
| Q2 24 | $1.4B | $125.0M | ||
| Q1 24 | $1.5B | $136.0M |
总债务DECKGPK
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.4B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.9B |
股东权益DECKGPK
| Q4 25 | $2.6B | $3.3B | ||
| Q3 25 | $2.5B | $3.3B | ||
| Q2 25 | $2.5B | $3.2B | ||
| Q1 25 | $2.5B | $3.2B | ||
| Q4 24 | $2.6B | $3.0B | ||
| Q3 24 | $2.2B | $3.0B | ||
| Q2 24 | $2.1B | $2.8B | ||
| Q1 24 | $2.1B | $2.9B |
总资产DECKGPK
| Q4 25 | $4.1B | $11.8B | ||
| Q3 25 | $3.8B | $11.9B | ||
| Q2 25 | $3.8B | $11.8B | ||
| Q1 25 | $3.6B | $11.5B | ||
| Q4 24 | $4.0B | $11.1B | ||
| Q3 24 | $3.4B | $11.2B | ||
| Q2 24 | $3.3B | $10.8B | ||
| Q1 24 | $3.1B | $11.3B |
负债/权益比DECKGPK
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 1.67× | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | 1.80× | ||
| Q4 24 | — | 1.71× | ||
| Q3 24 | — | 1.79× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.73× |
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 | $521.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 52.1% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 2.17× | 7.34× |
| 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DECKGPK
| Q4 25 | $1.0B | $521.0M | ||
| Q3 25 | $8.1M | $227.0M | ||
| Q2 25 | $36.1M | $267.0M | ||
| Q1 25 | $-73.0M | $-174.0M | ||
| Q4 24 | $1.1B | $489.0M | ||
| Q3 24 | $-90.5M | $187.0M | ||
| Q2 24 | $112.7M | $161.0M | ||
| Q1 24 | $-28.7M | $3.0M |
自由现金流DECKGPK
| Q4 25 | $1.0B | — | ||
| Q3 25 | $-13.9M | — | ||
| Q2 25 | $12.2M | — | ||
| Q1 25 | $-89.4M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $-113.4M | — | ||
| Q2 24 | $90.1M | — | ||
| Q1 24 | $-44.0M | — |
自由现金流率DECKGPK
| Q4 25 | 52.1% | — | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | -8.8% | — | ||
| Q4 24 | 58.6% | — | ||
| Q3 24 | -8.6% | — | ||
| Q2 24 | 10.9% | — | ||
| Q1 24 | -4.6% | — |
资本支出强度DECKGPK
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 1.6% | — |
现金转化率DECKGPK
| Q4 25 | 2.17× | 7.34× | ||
| Q3 25 | 0.03× | 1.60× | ||
| Q2 25 | 0.26× | 2.57× | ||
| Q1 25 | -0.48× | -1.37× | ||
| Q4 24 | 2.40× | 3.54× | ||
| Q3 24 | -0.37× | 1.13× | ||
| Q2 24 | 0.97× | 0.85× | ||
| Q1 24 | -0.22× | 0.02× |
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% |
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
