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Deckers Brands（DECK）与亨廷顿·英格尔斯工业（HII）财务数据对比。点击上方公司名可切换其他公司
亨廷顿·英格尔斯工业的季度营收约是Deckers Brands的1.8倍（$3.5B vs $2.0B），Deckers Brands净利率更高（24.6% vs 4.6%，领先20.0%），亨廷顿·英格尔斯工业同比增速更快（15.7% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $516.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 11.3%）
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。
亨廷顿·英格尔斯工业（简称HII）是美国规模最大的军用造船企业，同时面向政府及行业合作伙伴提供专业服务。公司于2011年3月31日从诺斯罗普·格鲁曼公司分拆成立，在防务装备建造及配套服务领域拥有深厚技术积累与行业资源。
DECK vs HII — 直观对比
营收规模更大
HII
是对方的1.8倍
$2.0B
营收增速更快
HII
高出8.6%
7.1%
净利率更高
DECK
高出20.0%
4.6%
自由现金流更多
DECK
多$504.3M
$516.0M
两年增速更快
DECK
近两年复合增速
11.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.5B |
| 净利润 | $481.1M | $159.0M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 4.9% |
| 净利率 | 24.6% | 4.6% |
| 营收同比 | 7.1% | 15.7% |
| 净利润同比 | 5.3% | 29.3% |
| 每股收益（稀释后） | $3.33 | $4.06 |
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DECKHII
| Q4 25 | $2.0B | $3.5B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $964.5M | $3.1B | ||
| Q1 25 | $1.0B | $2.7B | ||
| Q4 24 | $1.8B | $3.0B | ||
| Q3 24 | $1.3B | $2.7B | ||
| Q2 24 | $825.3M | $3.0B | ||
| Q1 24 | $959.8M | $2.8B |
净利润DECKHII
| Q4 25 | $481.1M | $159.0M | ||
| Q3 25 | $268.2M | $145.0M | ||
| Q2 25 | $139.2M | $152.0M | ||
| Q1 25 | $151.4M | $149.0M | ||
| Q4 24 | $456.7M | $123.0M | ||
| Q3 24 | $242.3M | $101.0M | ||
| Q2 24 | $115.6M | $173.0M | ||
| Q1 24 | $127.5M | $153.0M |
毛利率DECKHII
| 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DECKHII
| Q4 25 | 31.4% | 4.9% | ||
| Q3 25 | 22.8% | 5.0% | ||
| Q2 25 | 17.1% | 5.3% | ||
| Q1 25 | 17.0% | 5.9% | ||
| Q4 24 | 31.0% | 3.7% | ||
| Q3 24 | 23.3% | 3.0% | ||
| Q2 24 | 16.1% | 6.3% | ||
| Q1 24 | 15.0% | 5.5% |
净利率DECKHII
| Q4 25 | 24.6% | 4.6% | ||
| Q3 25 | 18.7% | 4.5% | ||
| Q2 25 | 14.4% | 4.9% | ||
| Q1 25 | 14.8% | 5.4% | ||
| Q4 24 | 25.0% | 4.1% | ||
| Q3 24 | 18.5% | 3.7% | ||
| Q2 24 | 14.0% | 5.8% | ||
| Q1 24 | 13.3% | 5.5% |
每股收益（稀释后）DECKHII
| Q4 25 | $3.33 | $4.06 | ||
| Q3 25 | $1.82 | $3.68 | ||
| Q2 25 | $0.93 | $3.86 | ||
| Q1 25 | $-2.78 | $3.79 | ||
| Q4 24 | $3.00 | $3.15 | ||
| Q3 24 | $1.59 | $2.56 | ||
| Q2 24 | $4.52 | $4.38 | ||
| Q1 24 | $4.82 | $3.87 |
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 | — |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $2.6B | $5.1B |
| 总资产 | $4.1B | $12.7B |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资DECKHII
| Q4 25 | $2.1B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | $10.0M |
总债务DECKHII
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECKHII
| Q4 25 | $2.6B | $5.1B | ||
| Q3 25 | $2.5B | $5.0B | ||
| Q2 25 | $2.5B | $4.9B | ||
| Q1 25 | $2.5B | $4.8B | ||
| Q4 24 | $2.6B | $4.7B | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $2.1B | $4.2B | ||
| Q1 24 | $2.1B | $4.1B |
总资产DECKHII
| Q4 25 | $4.1B | $12.7B | ||
| Q3 25 | $3.8B | $12.3B | ||
| Q2 25 | $3.8B | $12.1B | ||
| Q1 25 | $3.6B | $12.1B | ||
| Q4 24 | $4.0B | $12.1B | ||
| Q3 24 | $3.4B | $11.1B | ||
| Q2 24 | $3.3B | $11.3B | ||
| Q1 24 | $3.1B | $11.2B |
负债/权益比DECKHII
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $650.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $516.0M |
| 自由现金流率自由现金流/营收 | 52.1% | 14.8% |
| 资本支出强度资本支出/营收 | 1.1% | 3.9% |
| 现金转化率经营现金流/净利润 | 2.17× | 4.09× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $794.0M |
8季度趋势，按日历期对齐
经营现金流DECKHII
| Q4 25 | $1.0B | $650.0M | ||
| Q3 25 | $8.1M | $118.0M | ||
| Q2 25 | $36.1M | $823.0M | ||
| Q1 25 | $-73.0M | $-395.0M | ||
| Q4 24 | $1.1B | $391.0M | ||
| Q3 24 | $-90.5M | $213.0M | ||
| Q2 24 | $112.7M | $-9.0M | ||
| Q1 24 | $-28.7M | $-202.0M |
自由现金流DECKHII
| Q4 25 | $1.0B | $516.0M | ||
| Q3 25 | $-13.9M | $13.0M | ||
| Q2 25 | $12.2M | $727.0M | ||
| Q1 25 | $-89.4M | $-462.0M | ||
| Q4 24 | $1.1B | $277.0M | ||
| Q3 24 | $-113.4M | $125.0M | ||
| Q2 24 | $90.1M | $-99.0M | ||
| Q1 24 | $-44.0M | $-277.0M |
自由现金流率DECKHII
| Q4 25 | 52.1% | 14.8% | ||
| Q3 25 | -1.0% | 0.4% | ||
| Q2 25 | 1.3% | 23.6% | ||
| Q1 25 | -8.8% | -16.9% | ||
| Q4 24 | 58.6% | 9.2% | ||
| Q3 24 | -8.6% | 4.5% | ||
| Q2 24 | 10.9% | -3.3% | ||
| Q1 24 | -4.6% | -9.9% |
资本支出强度DECKHII
| Q4 25 | 1.1% | 3.9% | ||
| Q3 25 | 1.5% | 3.3% | ||
| Q2 25 | 2.5% | 3.1% | ||
| Q1 25 | 1.6% | 2.5% | ||
| Q4 24 | 1.3% | 3.8% | ||
| Q3 24 | 1.7% | 3.2% | ||
| Q2 24 | 2.7% | 3.0% | ||
| Q1 24 | 1.6% | 2.7% |
现金转化率DECKHII
| Q4 25 | 2.17× | 4.09× | ||
| Q3 25 | 0.03× | 0.81× | ||
| Q2 25 | 0.26× | 5.41× | ||
| Q1 25 | -0.48× | -2.65× | ||
| Q4 24 | 2.40× | 3.18× | ||
| Q3 24 | -0.37× | 2.11× | ||
| Q2 24 | 0.97× | -0.05× | ||
| Q1 24 | -0.22× | -1.32× |
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% |
HII
| Aircraftcarriers | $984.0M | 28% |
| Fixedpriceincentive | $758.0M | 22% |
| Submarines | $744.0M | 21% |
| Surfacecombatantsandcoastguardcutters | $452.0M | 13% |
| Amphibiousassaultships | $433.0M | 12% |
| Costtype | $123.0M | 4% |
| Otherprograms | $4.0M | 0% |
