vs
Deckers Brands（DECK）与M&T Bank（MTB）财务数据对比。点击上方公司名可切换其他公司
M&T Bank的季度营收约是Deckers Brands的1.3倍（$2.5B vs $2.0B），M&T Bank净利率更高（30.7% vs 24.6%，领先6.1%），Deckers Brands同比增速更快（7.1% vs 3.8%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 4.6%）
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。
M&T银行是总部位于美国纽约州布法罗的银行控股企业，业务覆盖美国东部从缅因州到弗吉尼亚州的12个州及华盛顿特区，运营超过950家线下网点。其控股主体1998年5月前名为第一帝国州公司，之后更为现名。
DECK vs MTB — 直观对比
营收规模更大
MTB
是对方的1.3倍
$2.0B
营收增速更快
DECK
高出3.4%
3.8%
净利率更高
MTB
高出6.1%
24.6%
两年增速更快
DECK
近两年复合增速
4.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.5B |
| 净利润 | $481.1M | $759.0M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 39.2% |
| 净利率 | 24.6% | 30.7% |
| 营收同比 | 7.1% | 3.8% |
| 净利润同比 | 5.3% | 11.5% |
| 每股收益（稀释后） | $3.33 | $4.62 |
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DECKMTB
| Q4 25 | $2.0B | $2.5B | ||
| Q3 25 | $1.4B | $2.5B | ||
| Q2 25 | $964.5M | $2.4B | ||
| Q1 25 | $1.0B | $2.3B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.3B | $2.3B | ||
| Q2 24 | $825.3M | $2.3B | ||
| Q1 24 | $959.8M | $2.3B |
净利润DECKMTB
| Q4 25 | $481.1M | $759.0M | ||
| Q3 25 | $268.2M | $792.0M | ||
| Q2 25 | $139.2M | $716.0M | ||
| Q1 25 | $151.4M | $584.0M | ||
| Q4 24 | $456.7M | $681.0M | ||
| Q3 24 | $242.3M | $721.0M | ||
| Q2 24 | $115.6M | $655.0M | ||
| Q1 24 | $127.5M | $531.0M |
毛利率DECKMTB
| 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DECKMTB
| Q4 25 | 31.4% | 39.2% | ||
| Q3 25 | 22.8% | 40.8% | ||
| Q2 25 | 17.1% | 39.0% | ||
| Q1 25 | 17.0% | 33.0% | ||
| Q4 24 | 31.0% | 37.0% | ||
| Q3 24 | 23.3% | 39.0% | ||
| Q2 24 | 16.1% | 37.1% | ||
| Q1 24 | 15.0% | 29.4% |
净利率DECKMTB
| Q4 25 | 24.6% | 30.7% | ||
| Q3 25 | 18.7% | 31.5% | ||
| Q2 25 | 14.4% | 29.9% | ||
| Q1 25 | 14.8% | 25.3% | ||
| Q4 24 | 25.0% | 28.6% | ||
| Q3 24 | 18.5% | 30.9% | ||
| Q2 24 | 14.0% | 28.5% | ||
| Q1 24 | 13.3% | 23.5% |
每股收益（稀释后）DECKMTB
| Q4 25 | $3.33 | $4.62 | ||
| Q3 25 | $1.82 | $4.82 | ||
| Q2 25 | $0.93 | $4.24 | ||
| Q1 25 | $-2.78 | $3.32 | ||
| Q4 24 | $3.00 | $3.87 | ||
| Q3 24 | $1.59 | $4.02 | ||
| Q2 24 | $4.52 | $3.73 | ||
| Q1 24 | $4.82 | $3.02 |
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 | — |
| 总债务越低越好 | — | $10.9B |
| 股东权益账面价值 | $2.6B | $29.2B |
| 总资产 | $4.1B | $213.5B |
| 负债/权益比越低杠杆越低 | — | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资DECKMTB
| 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 | — | ||
| Q1 24 | $1.5B | — |
总债务DECKMTB
| Q4 25 | — | $10.9B | ||
| Q3 25 | — | $12.9B | ||
| Q2 25 | — | $12.4B | ||
| Q1 25 | — | $10.5B | ||
| Q4 24 | — | $12.6B | ||
| Q3 24 | — | $11.6B | ||
| Q2 24 | — | $11.3B | ||
| Q1 24 | — | $11.4B |
股东权益DECKMTB
| Q4 25 | $2.6B | $29.2B | ||
| Q3 25 | $2.5B | $28.7B | ||
| Q2 25 | $2.5B | $28.5B | ||
| Q1 25 | $2.5B | $29.0B | ||
| Q4 24 | $2.6B | $29.0B | ||
| Q3 24 | $2.2B | $28.9B | ||
| Q2 24 | $2.1B | $28.4B | ||
| Q1 24 | $2.1B | $27.2B |
总资产DECKMTB
| Q4 25 | $4.1B | $213.5B | ||
| Q3 25 | $3.8B | $211.3B | ||
| Q2 25 | $3.8B | $211.6B | ||
| Q1 25 | $3.6B | $210.3B | ||
| Q4 24 | $4.0B | $208.1B | ||
| Q3 24 | $3.4B | $211.8B | ||
| Q2 24 | $3.3B | $208.9B | ||
| Q1 24 | $3.1B | $215.1B |
负债/权益比DECKMTB
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.40× | ||
| Q1 24 | — | 0.42× |
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 | $3.0B |
| 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× | 3.96× |
| 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DECKMTB
| Q4 25 | $1.0B | $3.0B | ||
| Q3 25 | $8.1M | $1.0B | ||
| Q2 25 | $36.1M | $844.0M | ||
| Q1 25 | $-73.0M | $635.0M | ||
| Q4 24 | $1.1B | $3.6B | ||
| Q3 24 | $-90.5M | $-28.0M | ||
| Q2 24 | $112.7M | $1.4B | ||
| Q1 24 | $-28.7M | $608.0M |
自由现金流DECKMTB
| Q4 25 | $1.0B | — | ||
| Q3 25 | $-13.9M | — | ||
| Q2 25 | $12.2M | — | ||
| Q1 25 | $-89.4M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $-113.4M | — | ||
| Q2 24 | $90.1M | — | ||
| Q1 24 | $-44.0M | — |
自由现金流率DECKMTB
| Q4 25 | 52.1% | — | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | -8.8% | — | ||
| Q4 24 | 58.6% | — | ||
| Q3 24 | -8.6% | — | ||
| Q2 24 | 10.9% | — | ||
| Q1 24 | -4.6% | — |
资本支出强度DECKMTB
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 1.6% | — |
现金转化率DECKMTB
| Q4 25 | 2.17× | 3.96× | ||
| Q3 25 | 0.03× | 1.26× | ||
| Q2 25 | 0.26× | 1.18× | ||
| Q1 25 | -0.48× | 1.09× | ||
| Q4 24 | 2.40× | 5.30× | ||
| Q3 24 | -0.37× | -0.04× | ||
| Q2 24 | 0.97× | 2.07× | ||
| Q1 24 | -0.22× | 1.15× |
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% |
MTB
暂无分部数据
