vs
Deckers Brands（DECK）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是罗技的1.4倍（$2.0B vs $1.4B），Deckers Brands净利率更高（24.6% vs 17.7%，领先6.9%），Deckers Brands同比增速更快（7.1% vs 6.1%），Deckers Brands自由现金流更多（$1.0B vs $465.6M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 18.5%）
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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
DECK vs LOGI — 直观对比
营收规模更大
DECK
是对方的1.4倍
$1.4B
营收增速更快
DECK
高出1.1%
6.1%
净利率更高
DECK
高出6.9%
17.7%
自由现金流更多
DECK
多$554.6M
$465.6M
两年增速更快
DECK
近两年复合增速
18.5%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.4B |
| 净利润 | $481.1M | $251.0M |
| 毛利率 | 59.8% | 43.2% |
| 营业利润率 | 31.4% | 20.1% |
| 净利率 | 24.6% | 17.7% |
| 营收同比 | 7.1% | 6.1% |
| 净利润同比 | 5.3% | 25.4% |
| 每股收益（稀释后） | $3.33 | $1.69 |
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DECKLOGI
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $964.5M | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $825.3M | $1.1B | ||
| Q1 24 | $959.8M | $1.0B |
净利润DECKLOGI
| Q4 25 | $481.1M | $251.0M | ||
| Q3 25 | $268.2M | $170.7M | ||
| Q2 25 | $139.2M | $146.0M | ||
| Q1 25 | $151.4M | $144.1M | ||
| Q4 24 | $456.7M | $200.1M | ||
| Q3 24 | $242.3M | $145.5M | ||
| Q2 24 | $115.6M | $141.8M | ||
| Q1 24 | $127.5M | $167.6M |
毛利率DECKLOGI
| Q4 25 | 59.8% | 43.2% | ||
| Q3 25 | 56.2% | 43.4% | ||
| Q2 25 | 55.8% | 41.7% | ||
| Q1 25 | 56.7% | 43.1% | ||
| Q4 24 | 60.3% | 42.9% | ||
| Q3 24 | 55.9% | 43.6% | ||
| Q2 24 | 56.9% | 42.8% | ||
| Q1 24 | 56.2% | 43.2% |
营业利润率DECKLOGI
| Q4 25 | 31.4% | 20.1% | ||
| Q3 25 | 22.8% | 16.1% | ||
| Q2 25 | 17.1% | 14.1% | ||
| Q1 25 | 17.0% | 10.5% | ||
| Q4 24 | 31.0% | 17.5% | ||
| Q3 24 | 23.3% | 14.4% | ||
| Q2 24 | 16.1% | 14.1% | ||
| Q1 24 | 15.0% | 12.9% |
净利率DECKLOGI
| Q4 25 | 24.6% | 17.7% | ||
| Q3 25 | 18.7% | 14.4% | ||
| Q2 25 | 14.4% | 12.7% | ||
| Q1 25 | 14.8% | 14.3% | ||
| Q4 24 | 25.0% | 14.9% | ||
| Q3 24 | 18.5% | 13.0% | ||
| Q2 24 | 14.0% | 13.0% | ||
| Q1 24 | 13.3% | 16.6% |
每股收益（稀释后）DECKLOGI
| Q4 25 | $3.33 | $1.69 | ||
| Q3 25 | $1.82 | $1.15 | ||
| Q2 25 | $0.93 | $0.98 | ||
| Q1 25 | $-2.78 | $0.94 | ||
| Q4 24 | $3.00 | $1.32 | ||
| Q3 24 | $1.59 | $0.95 | ||
| Q2 24 | $4.52 | $0.92 | ||
| Q1 24 | $4.82 | $1.07 |
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 | $1.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $2.3B |
| 总资产 | $4.1B | $4.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DECKLOGI
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $2.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.5B | $1.5B |
股东权益DECKLOGI
| Q4 25 | $2.6B | $2.3B | ||
| Q3 25 | $2.5B | $2.1B | ||
| Q2 25 | $2.5B | $2.2B | ||
| Q1 25 | $2.5B | $2.1B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.2B | $2.1B | ||
| Q2 24 | $2.1B | $2.2B | ||
| Q1 24 | $2.1B | $2.2B |
总资产DECKLOGI
| Q4 25 | $4.1B | $4.1B | ||
| Q3 25 | $3.8B | $3.7B | ||
| Q2 25 | $3.8B | $3.7B | ||
| Q1 25 | $3.6B | $3.5B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $3.4B | $3.6B | ||
| Q2 24 | $3.3B | $3.7B | ||
| Q1 24 | $3.1B | $3.6B |
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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $465.6M |
| 自由现金流率自由现金流/营收 | 52.1% | 32.8% |
| 资本支出强度资本支出/营收 | 1.1% | 1.0% |
| 现金转化率经营现金流/净利润 | 2.17× | 1.91× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $903.6M |
8季度趋势，按日历期对齐
经营现金流DECKLOGI
| Q4 25 | $1.0B | $480.5M | ||
| Q3 25 | $8.1M | $228.8M | ||
| Q2 25 | $36.1M | $125.0M | ||
| Q1 25 | $-73.0M | $129.7M | ||
| Q4 24 | $1.1B | $370.9M | ||
| Q3 24 | $-90.5M | $166.0M | ||
| Q2 24 | $112.7M | $176.0M | ||
| Q1 24 | $-28.7M | $239.1M |
自由现金流DECKLOGI
| Q4 25 | $1.0B | $465.6M | ||
| Q3 25 | $-13.9M | $212.3M | ||
| Q2 25 | $12.2M | $108.8M | ||
| Q1 25 | $-89.4M | $116.9M | ||
| Q4 24 | $1.1B | $356.6M | ||
| Q3 24 | $-113.4M | $151.5M | ||
| Q2 24 | $90.1M | $161.4M | ||
| Q1 24 | $-44.0M | $228.8M |
自由现金流率DECKLOGI
| Q4 25 | 52.1% | 32.8% | ||
| Q3 25 | -1.0% | 17.9% | ||
| Q2 25 | 1.3% | 9.5% | ||
| Q1 25 | -8.8% | 11.6% | ||
| Q4 24 | 58.6% | 26.6% | ||
| Q3 24 | -8.6% | 13.6% | ||
| Q2 24 | 10.9% | 14.8% | ||
| Q1 24 | -4.6% | 22.6% |
资本支出强度DECKLOGI
| Q4 25 | 1.1% | 1.0% | ||
| Q3 25 | 1.5% | 1.4% | ||
| Q2 25 | 2.5% | 1.4% | ||
| Q1 25 | 1.6% | 1.3% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 1.7% | 1.3% | ||
| Q2 24 | 2.7% | 1.3% | ||
| Q1 24 | 1.6% | 1.0% |
现金转化率DECKLOGI
| Q4 25 | 2.17× | 1.91× | ||
| Q3 25 | 0.03× | 1.34× | ||
| Q2 25 | 0.26× | 0.86× | ||
| Q1 25 | -0.48× | 0.90× | ||
| Q4 24 | 2.40× | 1.85× | ||
| Q3 24 | -0.37× | 1.14× | ||
| Q2 24 | 0.97× | 1.24× | ||
| Q1 24 | -0.22× | 1.43× |
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% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
