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Deckers Brands（DECK）与好时（HSY）财务数据对比。点击上方公司名可切换其他公司
好时的季度营收约是Deckers Brands的1.6倍（$3.1B vs $2.0B），Deckers Brands净利率更高（24.6% vs 14.0%，领先10.6%），好时同比增速更快（10.6% vs 7.1%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 22.3%）
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。
好时公司是总部位于美国宾夕法尼亚州好时镇的跨国糖果企业，也是全球最大的巧克力生产商之一，由米尔顿·S·好时于1894年创立。公司除核心巧克力产品外，还生产饼干、蛋糕等烘焙食品，同时销售奶昔等多类饮品，产品覆盖多个食品品类。
DECK vs HSY — 直观对比
营收规模更大
HSY
是对方的1.6倍
$2.0B
营收增速更快
HSY
高出3.5%
7.1%
净利率更高
DECK
高出10.6%
14.0%
两年增速更快
DECK
近两年复合增速
22.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.1B |
| 净利润 | $481.1M | $435.1M |
| 毛利率 | 59.8% | 39.4% |
| 营业利润率 | 31.4% | 20.6% |
| 净利率 | 24.6% | 14.0% |
| 营收同比 | 7.1% | 10.6% |
| 净利润同比 | 5.3% | — |
| 每股收益（稀释后） | $3.33 | — |
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DECKHSY
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.0B | $3.1B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $964.5M | $2.6B | ||
| Q1 25 | $1.0B | $2.8B | ||
| Q4 24 | $1.8B | $2.9B | ||
| Q3 24 | $1.3B | $3.0B | ||
| Q2 24 | $825.3M | $2.1B |
净利润DECKHSY
| Q1 26 | — | $435.1M | ||
| Q4 25 | $481.1M | $320.0M | ||
| Q3 25 | $268.2M | $276.3M | ||
| Q2 25 | $139.2M | $62.7M | ||
| Q1 25 | $151.4M | $224.2M | ||
| Q4 24 | $456.7M | $796.6M | ||
| Q3 24 | $242.3M | $446.3M | ||
| Q2 24 | $115.6M | $180.9M |
毛利率DECKHSY
| Q1 26 | — | 39.4% | ||
| Q4 25 | 59.8% | 37.0% | ||
| Q3 25 | 56.2% | 32.6% | ||
| Q2 25 | 55.8% | 30.5% | ||
| Q1 25 | 56.7% | 33.7% | ||
| Q4 24 | 60.3% | 54.0% | ||
| Q3 24 | 55.9% | 41.3% | ||
| Q2 24 | 56.9% | 40.2% |
营业利润率DECKHSY
| Q1 26 | — | 20.6% | ||
| Q4 25 | 31.4% | 14.4% | ||
| Q3 25 | 22.8% | 13.7% | ||
| Q2 25 | 17.1% | 7.4% | ||
| Q1 25 | 17.0% | 13.2% | ||
| Q4 24 | 31.0% | 32.5% | ||
| Q3 24 | 23.3% | 20.5% | ||
| Q2 24 | 16.1% | 13.9% |
净利率DECKHSY
| Q1 26 | — | 14.0% | ||
| Q4 25 | 24.6% | 10.4% | ||
| Q3 25 | 18.7% | 8.7% | ||
| Q2 25 | 14.4% | 2.4% | ||
| Q1 25 | 14.8% | 8.0% | ||
| Q4 24 | 25.0% | 27.6% | ||
| Q3 24 | 18.5% | 14.9% | ||
| Q2 24 | 14.0% | 8.7% |
每股收益（稀释后）DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | $3.33 | — | ||
| Q3 25 | $1.82 | — | ||
| Q2 25 | $0.93 | — | ||
| Q1 25 | $-2.78 | — | ||
| Q4 24 | $3.00 | — | ||
| Q3 24 | $1.59 | — | ||
| Q2 24 | $4.52 | — |
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 | $877.0M |
| 总债务越低越好 | — | $4.9B |
| 股东权益账面价值 | $2.6B | $4.7B |
| 总资产 | $4.1B | $13.8B |
| 负债/权益比越低杠杆越低 | — | 1.03× |
8季度趋势，按日历期对齐
现金及短期投资DECKHSY
| Q1 26 | — | $877.0M | ||
| 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 | — |
总债务DECKHSY
| Q1 26 | — | $4.9B | ||
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.5B |
股东权益DECKHSY
| Q1 26 | — | $4.7B | ||
| Q4 25 | $2.6B | $4.6B | ||
| Q3 25 | $2.5B | $4.6B | ||
| Q2 25 | $2.5B | $4.5B | ||
| Q1 25 | $2.5B | $4.7B | ||
| Q4 24 | $2.6B | $4.7B | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $2.1B | $4.0B |
总资产DECKHSY
| Q1 26 | — | $13.8B | ||
| Q4 25 | $4.1B | $13.7B | ||
| Q3 25 | $3.8B | $13.6B | ||
| Q2 25 | $3.8B | $13.6B | ||
| Q1 25 | $3.6B | $14.0B | ||
| Q4 24 | $4.0B | $12.9B | ||
| Q3 24 | $3.4B | $12.6B | ||
| Q2 24 | $3.3B | $12.4B |
负债/权益比DECKHSY
| Q1 26 | — | 1.03× | ||
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 1.02× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | — | 0.87× |
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 | — |
| 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× | — |
| 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DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $926.6M | ||
| Q3 25 | $8.1M | $841.9M | ||
| Q2 25 | $36.1M | $112.2M | ||
| Q1 25 | $-73.0M | $396.7M | ||
| Q4 24 | $1.1B | $941.6M | ||
| Q3 24 | $-90.5M | $695.3M | ||
| Q2 24 | $112.7M | $325.6M |
自由现金流DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $788.5M | ||
| Q3 25 | $-13.9M | $756.0M | ||
| Q2 25 | $12.2M | $27.1M | ||
| Q1 25 | $-89.4M | $251.2M | ||
| Q4 24 | $1.1B | $807.1M | ||
| Q3 24 | $-113.4M | $567.3M | ||
| Q2 24 | $90.1M | $195.5M |
自由现金流率DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | 52.1% | 25.5% | ||
| Q3 25 | -1.0% | 23.8% | ||
| Q2 25 | 1.3% | 1.0% | ||
| Q1 25 | -8.8% | 9.0% | ||
| Q4 24 | 58.6% | 28.0% | ||
| Q3 24 | -8.6% | 19.0% | ||
| Q2 24 | 10.9% | 9.4% |
资本支出强度DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 4.5% | ||
| Q3 25 | 1.5% | 2.7% | ||
| Q2 25 | 2.5% | 3.3% | ||
| Q1 25 | 1.6% | 5.2% | ||
| Q4 24 | 1.3% | 4.7% | ||
| Q3 24 | 1.7% | 4.3% | ||
| Q2 24 | 2.7% | 6.3% |
现金转化率DECKHSY
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | 2.90× | ||
| Q3 25 | 0.03× | 3.05× | ||
| Q2 25 | 0.26× | 1.79× | ||
| Q1 25 | -0.48× | 1.77× | ||
| Q4 24 | 2.40× | 1.18× | ||
| Q3 24 | -0.37× | 1.56× | ||
| Q2 24 | 0.97× | 1.80× |
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% |
HSY
暂无分部数据
