vs
Deckers Brands（DECK）与勤达睿（KD）财务数据对比。点击上方公司名可切换其他公司
勤达睿的季度营收约是Deckers Brands的2.0倍（$3.9B vs $2.0B），Deckers Brands净利率更高（24.6% vs 1.5%，领先23.1%），Deckers Brands同比增速更快（7.1% vs 3.1%），Deckers Brands自由现金流更多（$1.0B vs $208.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 0.1%）
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。
勤达睿是总部位于美国纽约的跨国IT基础设施服务提供商，2021年由IBM的基础设施服务业务分拆独立成立。公司业务涵盖大型信息系统的设计、搭建、运维与开发，同时提供商业咨询服务，是目前全球最大的IT基础设施服务提供商、全球第五大咨询服务提供商。
DECK vs KD — 直观对比
营收规模更大
KD
是对方的2.0倍
$2.0B
营收增速更快
DECK
高出4.1%
3.1%
净利率更高
DECK
高出23.1%
1.5%
自由现金流更多
DECK
多$812.3M
$208.0M
两年增速更快
DECK
近两年复合增速
0.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.9B |
| 净利润 | $481.1M | $57.0M |
| 毛利率 | 59.8% | 21.8% |
| 营业利润率 | 31.4% | 2.4% |
| 净利率 | 24.6% | 1.5% |
| 营收同比 | 7.1% | 3.1% |
| 净利润同比 | 5.3% | -73.5% |
| 每股收益（稀释后） | $3.33 | $0.25 |
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DECKKD
| Q4 25 | $2.0B | $3.9B | ||
| Q3 25 | $1.4B | $3.7B | ||
| Q2 25 | $964.5M | $3.7B | ||
| Q1 25 | $1.0B | $3.8B | ||
| Q4 24 | $1.8B | $3.7B | ||
| Q3 24 | $1.3B | $3.8B | ||
| Q2 24 | $825.3M | $3.7B | ||
| Q1 24 | $959.8M | $3.9B |
净利润DECKKD
| Q4 25 | $481.1M | $57.0M | ||
| Q3 25 | $268.2M | $68.0M | ||
| Q2 25 | $139.2M | $56.0M | ||
| Q1 25 | $151.4M | $69.0M | ||
| Q4 24 | $456.7M | $215.0M | ||
| Q3 24 | $242.3M | $-43.0M | ||
| Q2 24 | $115.6M | $11.0M | ||
| Q1 24 | $127.5M | $-45.0M |
毛利率DECKKD
| Q4 25 | 59.8% | 21.8% | ||
| Q3 25 | 56.2% | 21.5% | ||
| Q2 25 | 55.8% | 21.3% | ||
| Q1 25 | 56.7% | 21.7% | ||
| Q4 24 | 60.3% | 20.4% | ||
| Q3 24 | 55.9% | 19.9% | ||
| Q2 24 | 56.9% | 21.5% | ||
| Q1 24 | 56.2% | 18.6% |
营业利润率DECKKD
| Q4 25 | 31.4% | 2.4% | ||
| Q3 25 | 22.8% | 2.6% | ||
| Q2 25 | 17.1% | 2.5% | ||
| Q1 25 | 17.0% | 3.1% | ||
| Q4 24 | 31.0% | 6.9% | ||
| Q3 24 | 23.3% | -0.1% | ||
| Q2 24 | 16.1% | 1.7% | ||
| Q1 24 | 15.0% | -0.1% |
净利率DECKKD
| Q4 25 | 24.6% | 1.5% | ||
| Q3 25 | 18.7% | 1.8% | ||
| Q2 25 | 14.4% | 1.5% | ||
| Q1 25 | 14.8% | 1.8% | ||
| Q4 24 | 25.0% | 5.7% | ||
| Q3 24 | 18.5% | -1.1% | ||
| Q2 24 | 14.0% | 0.3% | ||
| Q1 24 | 13.3% | -1.2% |
每股收益（稀释后）DECKKD
| Q4 25 | $3.33 | $0.25 | ||
| Q3 25 | $1.82 | $0.29 | ||
| Q2 25 | $0.93 | $0.23 | ||
| Q1 25 | $-2.78 | $0.30 | ||
| Q4 24 | $3.00 | $0.89 | ||
| Q3 24 | $1.59 | $-0.19 | ||
| Q2 24 | $4.52 | $0.05 | ||
| Q1 24 | $4.82 | $-0.19 |
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 | $1.3B |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $2.6B | $1.2B |
| 总资产 | $4.1B | $11.3B |
| 负债/权益比越低杠杆越低 | — | 1.92× |
8季度趋势，按日历期对齐
现金及短期投资DECKKD
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.9B | $1.8B | ||
| Q4 24 | $2.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.5B | $1.6B |
总债务DECKKD
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.1B |
股东权益DECKKD
| Q4 25 | $2.6B | $1.2B | ||
| Q3 25 | $2.5B | $1.2B | ||
| Q2 25 | $2.5B | $1.2B | ||
| Q1 25 | $2.5B | $1.2B | ||
| Q4 24 | $2.6B | $1.1B | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.1B | $996.0M | ||
| Q1 24 | $2.1B | $1.0B |
总资产DECKKD
| Q4 25 | $4.1B | $11.3B | ||
| Q3 25 | $3.8B | $11.2B | ||
| Q2 25 | $3.8B | $11.5B | ||
| Q1 25 | $3.6B | $10.5B | ||
| Q4 24 | $4.0B | $9.9B | ||
| Q3 24 | $3.4B | $10.4B | ||
| Q2 24 | $3.3B | $10.2B | ||
| Q1 24 | $3.1B | $10.6B |
负债/权益比DECKKD
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.44× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 2.81× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.12× | ||
| Q1 24 | — | 3.07× |
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 | $428.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $208.0M |
| 自由现金流率自由现金流/营收 | 52.1% | 5.4% |
| 资本支出强度资本支出/营收 | 1.1% | 5.7% |
| 现金转化率经营现金流/净利润 | 2.17× | 7.51× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $299.0M |
8季度趋势，按日历期对齐
经营现金流DECKKD
| Q4 25 | $1.0B | $428.0M | ||
| Q3 25 | $8.1M | $146.0M | ||
| Q2 25 | $36.1M | $-124.0M | ||
| Q1 25 | $-73.0M | $581.0M | ||
| Q4 24 | $1.1B | $260.0M | ||
| Q3 24 | $-90.5M | $149.0M | ||
| Q2 24 | $112.7M | $-48.0M | ||
| Q1 24 | $-28.7M | $145.0M |
自由现金流DECKKD
| Q4 25 | $1.0B | $208.0M | ||
| Q3 25 | $-13.9M | $17.0M | ||
| Q2 25 | $12.2M | $-267.0M | ||
| Q1 25 | $-89.4M | $341.0M | ||
| Q4 24 | $1.1B | $151.0M | ||
| Q3 24 | $-113.4M | $15.0M | ||
| Q2 24 | $90.1M | $-170.0M | ||
| Q1 24 | $-44.0M | $-57.0M |
自由现金流率DECKKD
| Q4 25 | 52.1% | 5.4% | ||
| Q3 25 | -1.0% | 0.5% | ||
| Q2 25 | 1.3% | -7.1% | ||
| Q1 25 | -8.8% | 9.0% | ||
| Q4 24 | 58.6% | 4.0% | ||
| Q3 24 | -8.6% | 0.4% | ||
| Q2 24 | 10.9% | -4.5% | ||
| Q1 24 | -4.6% | -1.5% |
资本支出强度DECKKD
| Q4 25 | 1.1% | 5.7% | ||
| Q3 25 | 1.5% | 3.5% | ||
| Q2 25 | 2.5% | 3.8% | ||
| Q1 25 | 1.6% | 6.3% | ||
| Q4 24 | 1.3% | 2.9% | ||
| Q3 24 | 1.7% | 3.6% | ||
| Q2 24 | 2.7% | 3.3% | ||
| Q1 24 | 1.6% | 5.2% |
现金转化率DECKKD
| Q4 25 | 2.17× | 7.51× | ||
| Q3 25 | 0.03× | 2.15× | ||
| Q2 25 | 0.26× | -2.21× | ||
| Q1 25 | -0.48× | 8.42× | ||
| Q4 24 | 2.40× | 1.21× | ||
| Q3 24 | -0.37× | — | ||
| Q2 24 | 0.97× | -4.36× | ||
| Q1 24 | -0.22× | — |
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% |
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
