vs
Deckers Brands（DECK）与微芯科技（MCHP）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是微芯科技的1.7倍（$2.0B vs $1.2B），Deckers Brands净利率更高（24.6% vs 5.3%，领先19.3%），微芯科技同比增速更快（15.6% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $318.9M），过去两年Deckers Brands的营收复合增速更高（42.8% vs -5.4%）
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。
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
DECK vs MCHP — 直观对比
营收规模更大
DECK
是对方的1.7倍
$1.2B
营收增速更快
MCHP
高出8.5%
7.1%
净利率更高
DECK
高出19.3%
5.3%
自由现金流更多
DECK
多$701.4M
$318.9M
两年增速更快
DECK
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $481.1M | $62.7M |
| 毛利率 | 59.8% | 59.6% |
| 营业利润率 | 31.4% | 12.8% |
| 净利率 | 24.6% | 5.3% |
| 营收同比 | 7.1% | 15.6% |
| 净利润同比 | 5.3% | 217.0% |
| 每股收益（稀释后） | $3.33 | $0.06 |
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DECKMCHP
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $964.5M | $1.1B | ||
| Q1 25 | $1.0B | $970.5M | ||
| Q4 24 | $1.8B | $1.0B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $825.3M | $1.2B | ||
| Q1 24 | $959.8M | $1.3B |
净利润DECKMCHP
| Q4 25 | $481.1M | $62.7M | ||
| Q3 25 | $268.2M | $41.7M | ||
| Q2 25 | $139.2M | $-18.6M | ||
| Q1 25 | $151.4M | $-154.6M | ||
| Q4 24 | $456.7M | $-53.6M | ||
| Q3 24 | $242.3M | $78.4M | ||
| Q2 24 | $115.6M | $129.3M | ||
| Q1 24 | $127.5M | $154.7M |
毛利率DECKMCHP
| Q4 25 | 59.8% | 59.6% | ||
| Q3 25 | 56.2% | 55.9% | ||
| Q2 25 | 55.8% | 53.6% | ||
| Q1 25 | 56.7% | 51.6% | ||
| Q4 24 | 60.3% | 54.7% | ||
| Q3 24 | 55.9% | 57.4% | ||
| Q2 24 | 56.9% | 59.4% | ||
| Q1 24 | 56.2% | 59.6% |
营业利润率DECKMCHP
| Q4 25 | 31.4% | 12.8% | ||
| Q3 25 | 22.8% | 7.8% | ||
| Q2 25 | 17.1% | 3.0% | ||
| Q1 25 | 17.0% | -10.3% | ||
| Q4 24 | 31.0% | 3.0% | ||
| Q3 24 | 23.3% | 12.6% | ||
| Q2 24 | 16.1% | 17.7% | ||
| Q1 24 | 15.0% | 19.1% |
净利率DECKMCHP
| Q4 25 | 24.6% | 5.3% | ||
| Q3 25 | 18.7% | 3.7% | ||
| Q2 25 | 14.4% | -1.7% | ||
| Q1 25 | 14.8% | -15.9% | ||
| Q4 24 | 25.0% | -5.2% | ||
| Q3 24 | 18.5% | 6.7% | ||
| Q2 24 | 14.0% | 10.4% | ||
| Q1 24 | 13.3% | 11.7% |
每股收益（稀释后）DECKMCHP
| Q4 25 | $3.33 | $0.06 | ||
| Q3 25 | $1.82 | $0.03 | ||
| Q2 25 | $0.93 | $-0.09 | ||
| Q1 25 | $-2.78 | $-0.29 | ||
| Q4 24 | $3.00 | $-0.10 | ||
| Q3 24 | $1.59 | $0.14 | ||
| Q2 24 | $4.52 | $0.24 | ||
| Q1 24 | $4.82 | $0.29 |
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 | $250.7M |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | $2.6B | $6.6B |
| 总资产 | $4.1B | $14.3B |
| 负债/权益比越低杠杆越低 | — | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资DECKMCHP
| Q4 25 | $2.1B | $250.7M | ||
| Q3 25 | $1.4B | $236.8M | ||
| Q2 25 | $1.7B | $566.5M | ||
| Q1 25 | $1.9B | $771.7M | ||
| Q4 24 | $2.2B | $586.0M | ||
| Q3 24 | $1.2B | $286.1M | ||
| Q2 24 | $1.4B | $315.1M | ||
| Q1 24 | $1.5B | $319.7M |
总债务DECKMCHP
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B | ||
| Q1 24 | — | $6.0B |
股东权益DECKMCHP
| Q4 25 | $2.6B | $6.6B | ||
| Q3 25 | $2.5B | $6.7B | ||
| Q2 25 | $2.5B | $6.9B | ||
| Q1 25 | $2.5B | $7.1B | ||
| Q4 24 | $2.6B | $6.0B | ||
| Q3 24 | $2.2B | $6.3B | ||
| Q2 24 | $2.1B | $6.4B | ||
| Q1 24 | $2.1B | $6.7B |
总资产DECKMCHP
| Q4 25 | $4.1B | $14.3B | ||
| Q3 25 | $3.8B | $14.5B | ||
| Q2 25 | $3.8B | $15.0B | ||
| Q1 25 | $3.6B | $15.4B | ||
| Q4 24 | $4.0B | $15.6B | ||
| Q3 24 | $3.4B | $15.6B | ||
| Q2 24 | $3.3B | $15.8B | ||
| Q1 24 | $3.1B | $15.9B |
负债/权益比DECKMCHP
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 0.90× |
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 | $341.4M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $318.9M |
| 自由现金流率自由现金流/营收 | 52.1% | 26.9% |
| 资本支出强度资本支出/营收 | 1.1% | 1.9% |
| 现金转化率经营现金流/净利润 | 2.17× | 5.44× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $819.9M |
8季度趋势，按日历期对齐
经营现金流DECKMCHP
| Q4 25 | $1.0B | $341.4M | ||
| Q3 25 | $8.1M | $88.1M | ||
| Q2 25 | $36.1M | $275.6M | ||
| Q1 25 | $-73.0M | $205.9M | ||
| Q4 24 | $1.1B | $271.5M | ||
| Q3 24 | $-90.5M | $43.6M | ||
| Q2 24 | $112.7M | $377.1M | ||
| Q1 24 | $-28.7M | $430.0M |
自由现金流DECKMCHP
| Q4 25 | $1.0B | $318.9M | ||
| Q3 25 | $-13.9M | $51.6M | ||
| Q2 25 | $12.2M | $257.7M | ||
| Q1 25 | $-89.4M | $191.7M | ||
| Q4 24 | $1.1B | $253.4M | ||
| Q3 24 | $-113.4M | $22.8M | ||
| Q2 24 | $90.1M | $304.2M | ||
| Q1 24 | $-44.0M | $389.9M |
自由现金流率DECKMCHP
| Q4 25 | 52.1% | 26.9% | ||
| Q3 25 | -1.0% | 4.5% | ||
| Q2 25 | 1.3% | 24.0% | ||
| Q1 25 | -8.8% | 19.8% | ||
| Q4 24 | 58.6% | 24.7% | ||
| Q3 24 | -8.6% | 2.0% | ||
| Q2 24 | 10.9% | 24.5% | ||
| Q1 24 | -4.6% | 29.4% |
资本支出强度DECKMCHP
| Q4 25 | 1.1% | 1.9% | ||
| Q3 25 | 1.5% | 3.2% | ||
| Q2 25 | 2.5% | 1.7% | ||
| Q1 25 | 1.6% | 1.5% | ||
| Q4 24 | 1.3% | 1.8% | ||
| Q3 24 | 1.7% | 1.8% | ||
| Q2 24 | 2.7% | 5.9% | ||
| Q1 24 | 1.6% | 3.0% |
现金转化率DECKMCHP
| Q4 25 | 2.17× | 5.44× | ||
| Q3 25 | 0.03× | 2.11× | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | -0.48× | — | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | 0.56× | ||
| Q2 24 | 0.97× | 2.92× | ||
| Q1 24 | -0.22× | 2.78× |
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% |
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
