vs
Deckers Brands（DECK）与Host Hotels & Resorts（HST）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是Host Hotels & Resorts的1.2倍（$2.0B vs $1.6B），Deckers Brands净利率更高（24.6% vs 8.4%，领先16.2%），Host Hotels & Resorts同比增速更快（12.3% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $445.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 4.4%）
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。
Host Hotels & Resorts是总部位于美国马里兰州贝塞斯达的房地产投资信托企业，专注于高端酒店资产投资。截至2024年12月31日，公司在美国、巴西、加拿大共持有81家高端酒店，总客房数约4.34万间，是全球知名的酒店不动产投资机构。
DECK vs HST — 直观对比
营收规模更大
DECK
是对方的1.2倍
$1.6B
营收增速更快
HST
高出5.1%
7.1%
净利率更高
DECK
高出16.2%
8.4%
自由现金流更多
DECK
多$575.3M
$445.0M
两年增速更快
DECK
近两年复合增速
4.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.6B |
| 净利润 | $481.1M | $135.0M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 12.0% |
| 净利率 | 24.6% | 8.4% |
| 营收同比 | 7.1% | 12.3% |
| 净利润同比 | 5.3% | 25.0% |
| 每股收益（稀释后） | $3.33 | $0.20 |
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DECKHST
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $964.5M | $1.6B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $825.3M | $1.5B | ||
| Q1 24 | $959.8M | $1.5B |
净利润DECKHST
| Q4 25 | $481.1M | $135.0M | ||
| Q3 25 | $268.2M | $161.0M | ||
| Q2 25 | $139.2M | $221.0M | ||
| Q1 25 | $151.4M | $248.0M | ||
| Q4 24 | $456.7M | $108.0M | ||
| Q3 24 | $242.3M | $82.0M | ||
| Q2 24 | $115.6M | $239.0M | ||
| Q1 24 | $127.5M | $268.0M |
毛利率DECKHST
| 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DECKHST
| Q4 25 | 31.4% | 12.0% | ||
| Q3 25 | 22.8% | 7.6% | ||
| Q2 25 | 17.1% | 17.5% | ||
| Q1 25 | 17.0% | 17.9% | ||
| Q4 24 | 31.0% | 11.0% | ||
| Q3 24 | 23.3% | 10.2% | ||
| Q2 24 | 16.1% | 19.9% | ||
| Q1 24 | 15.0% | 19.8% |
净利率DECKHST
| Q4 25 | 24.6% | 8.4% | ||
| Q3 25 | 18.7% | 12.1% | ||
| Q2 25 | 14.4% | 13.9% | ||
| Q1 25 | 14.8% | 15.6% | ||
| Q4 24 | 25.0% | 7.6% | ||
| Q3 24 | 18.5% | 6.2% | ||
| Q2 24 | 14.0% | 16.3% | ||
| Q1 24 | 13.3% | 18.2% |
每股收益（稀释后）DECKHST
| Q4 25 | $3.33 | $0.20 | ||
| Q3 25 | $1.82 | $0.23 | ||
| Q2 25 | $0.93 | $0.32 | ||
| Q1 25 | $-2.78 | $0.35 | ||
| Q4 24 | $3.00 | $0.15 | ||
| Q3 24 | $1.59 | $0.12 | ||
| Q2 24 | $4.52 | $0.34 | ||
| Q1 24 | $4.82 | $0.38 |
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 | $768.0M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $2.6B | $6.6B |
| 总资产 | $4.1B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资DECKHST
| Q4 25 | $2.1B | $768.0M | ||
| Q3 25 | $1.4B | $539.0M | ||
| Q2 25 | $1.7B | $490.0M | ||
| Q1 25 | $1.9B | $428.0M | ||
| Q4 24 | $2.2B | $554.0M | ||
| Q3 24 | $1.2B | $564.0M | ||
| Q2 24 | $1.4B | $805.0M | ||
| Q1 24 | $1.5B | $1.3B |
总债务DECKHST
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $896.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECKHST
| Q4 25 | $2.6B | $6.6B | ||
| Q3 25 | $2.5B | $6.7B | ||
| Q2 25 | $2.5B | $6.6B | ||
| Q1 25 | $2.5B | $6.7B | ||
| Q4 24 | $2.6B | $6.6B | ||
| Q3 24 | $2.2B | $6.7B | ||
| Q2 24 | $2.1B | $6.8B | ||
| Q1 24 | $2.1B | $6.7B |
总资产DECKHST
| Q4 25 | $4.1B | $13.0B | ||
| Q3 25 | $3.8B | $13.0B | ||
| Q2 25 | $3.8B | $13.0B | ||
| Q1 25 | $3.6B | $12.9B | ||
| Q4 24 | $4.0B | $13.0B | ||
| Q3 24 | $3.4B | $13.1B | ||
| Q2 24 | $3.3B | $12.4B | ||
| Q1 24 | $3.1B | $12.5B |
负债/权益比DECKHST
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.14× | ||
| 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 | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $445.0M |
| 自由现金流率自由现金流/营收 | 52.1% | 27.8% |
| 资本支出强度资本支出/营收 | 1.1% | 6.1% |
| 现金转化率经营现金流/净利润 | 2.17× | 4.02× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $1.2B |
8季度趋势，按日历期对齐
经营现金流DECKHST
| Q4 25 | $1.0B | $543.0M | ||
| Q3 25 | $8.1M | $218.0M | ||
| Q2 25 | $36.1M | $444.0M | ||
| Q1 25 | $-73.0M | $305.0M | ||
| Q4 24 | $1.1B | $331.0M | ||
| Q3 24 | $-90.5M | $349.0M | ||
| Q2 24 | $112.7M | $453.0M | ||
| Q1 24 | $-28.7M | $365.0M |
自由现金流DECKHST
| Q4 25 | $1.0B | $445.0M | ||
| Q3 25 | $-13.9M | $143.0M | ||
| Q2 25 | $12.2M | $381.0M | ||
| Q1 25 | $-89.4M | $259.0M | ||
| Q4 24 | $1.1B | $235.0M | ||
| Q3 24 | $-113.4M | $262.0M | ||
| Q2 24 | $90.1M | $409.0M | ||
| Q1 24 | $-44.0M | $332.0M |
自由现金流率DECKHST
| Q4 25 | 52.1% | 27.8% | ||
| Q3 25 | -1.0% | 10.7% | ||
| Q2 25 | 1.3% | 24.0% | ||
| Q1 25 | -8.8% | 16.2% | ||
| Q4 24 | 58.6% | 16.5% | ||
| Q3 24 | -8.6% | 19.9% | ||
| Q2 24 | 10.9% | 27.9% | ||
| Q1 24 | -4.6% | 22.6% |
资本支出强度DECKHST
| Q4 25 | 1.1% | 6.1% | ||
| Q3 25 | 1.5% | 5.6% | ||
| Q2 25 | 2.5% | 4.0% | ||
| Q1 25 | 1.6% | 2.9% | ||
| Q4 24 | 1.3% | 6.7% | ||
| Q3 24 | 1.7% | 6.6% | ||
| Q2 24 | 2.7% | 3.0% | ||
| Q1 24 | 1.6% | 2.2% |
现金转化率DECKHST
| Q4 25 | 2.17× | 4.02× | ||
| Q3 25 | 0.03× | 1.35× | ||
| Q2 25 | 0.26× | 2.01× | ||
| Q1 25 | -0.48× | 1.23× | ||
| Q4 24 | 2.40× | 3.06× | ||
| Q3 24 | -0.37× | 4.26× | ||
| Q2 24 | 0.97× | 1.90× | ||
| Q1 24 | -0.22× | 1.36× |
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% |
HST
暂无分部数据
