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Deckers Brands（DECK）与OLD REPUBLIC INTERNATIONAL CORP（ORI）财务数据对比。点击上方公司名可切换其他公司
OLD REPUBLIC INTERNATIONAL CORP的季度营收约是Deckers Brands的1.2倍（$2.4B vs $2.0B），Deckers Brands净利率更高（24.6% vs 13.8%，领先10.8%），Deckers Brands同比增速更快（7.1% vs 6.7%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 13.2%）
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。
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
DECK vs ORI — 直观对比
营收规模更大
ORI
是对方的1.2倍
$2.0B
营收增速更快
DECK
高出0.4%
6.7%
净利率更高
DECK
高出10.8%
13.8%
两年增速更快
DECK
近两年复合增速
13.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.4B |
| 净利润 | $481.1M | $330.0M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | — |
| 净利率 | 24.6% | 13.8% |
| 营收同比 | 7.1% | 6.7% |
| 净利润同比 | 5.3% | 34.7% |
| 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DECKORI
| Q1 26 | — | $2.4B | ||
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $1.4B | $2.4B | ||
| Q2 25 | $964.5M | $2.2B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.8B | $2.0B | ||
| Q3 24 | $1.3B | $2.3B | ||
| Q2 24 | $825.3M | $1.9B |
净利润DECKORI
| Q1 26 | — | $330.0M | ||
| Q4 25 | $481.1M | $206.5M | ||
| Q3 25 | $268.2M | $279.5M | ||
| Q2 25 | $139.2M | $204.4M | ||
| Q1 25 | $151.4M | $245.0M | ||
| Q4 24 | $456.7M | $105.3M | ||
| Q3 24 | $242.3M | $338.9M | ||
| Q2 24 | $115.6M | $91.8M |
毛利率DECKORI
| Q1 26 | — | — | ||
| 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% | — |
营业利润率DECKORI
| Q1 26 | — | — | ||
| Q4 25 | 31.4% | — | ||
| Q3 25 | 22.8% | 14.6% | ||
| Q2 25 | 17.1% | 11.8% | ||
| Q1 25 | 17.0% | 14.6% | ||
| Q4 24 | 31.0% | — | ||
| Q3 24 | 23.3% | 18.2% | ||
| Q2 24 | 16.1% | 6.1% |
净利率DECKORI
| Q1 26 | — | 13.8% | ||
| Q4 25 | 24.6% | 8.6% | ||
| Q3 25 | 18.7% | 11.5% | ||
| Q2 25 | 14.4% | 9.3% | ||
| Q1 25 | 14.8% | 11.6% | ||
| Q4 24 | 25.0% | 5.3% | ||
| Q3 24 | 18.5% | 14.5% | ||
| Q2 24 | 14.0% | 4.9% |
每股收益（稀释后）DECKORI
| Q1 26 | — | — | ||
| Q4 25 | $3.33 | $0.82 | ||
| Q3 25 | $1.82 | $1.11 | ||
| Q2 25 | $0.93 | $0.81 | ||
| Q1 25 | $-2.78 | $0.98 | ||
| Q4 24 | $3.00 | $0.42 | ||
| Q3 24 | $1.59 | $1.32 | ||
| Q2 24 | $4.52 | $0.35 |
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 | — | — |
| 股东权益账面价值 | $2.6B | $5.9M |
| 总资产 | $4.1B | $29.6M |
| 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DECKORI
| Q1 26 | — | — | ||
| 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 | — |
股东权益DECKORI
| Q1 26 | — | $5.9M | ||
| Q4 25 | $2.6B | $5.9B | ||
| Q3 25 | $2.5B | $6.4B | ||
| Q2 25 | $2.5B | $6.2B | ||
| Q1 25 | $2.5B | $5.9B | ||
| Q4 24 | $2.6B | $5.6B | ||
| Q3 24 | $2.2B | $6.4B | ||
| Q2 24 | $2.1B | $6.0B |
总资产DECKORI
| Q1 26 | — | $29.6M | ||
| Q4 25 | $4.1B | $29.9B | ||
| Q3 25 | $3.8B | $30.3B | ||
| Q2 25 | $3.8B | $29.3B | ||
| Q1 25 | $3.6B | $28.0B | ||
| Q4 24 | $4.0B | $27.8B | ||
| Q3 24 | $3.4B | $28.8B | ||
| Q2 24 | $3.3B | $27.5B |
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DECKORI
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $234.9M | ||
| Q3 25 | $8.1M | $563.9M | ||
| Q2 25 | $36.1M | $133.8M | ||
| Q1 25 | $-73.0M | $231.7M | ||
| Q4 24 | $1.1B | $361.7M | ||
| Q3 24 | $-90.5M | $474.8M | ||
| Q2 24 | $112.7M | $236.5M |
自由现金流DECKORI
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率DECKORI
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度DECKORI
| Q1 26 | — | — | ||
| 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% | — |
现金转化率DECKORI
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | 1.14× | ||
| Q3 25 | 0.03× | 2.02× | ||
| Q2 25 | 0.26× | 0.65× | ||
| Q1 25 | -0.48× | 0.95× | ||
| Q4 24 | 2.40× | 3.43× | ||
| Q3 24 | -0.37× | 1.40× | ||
| Q2 24 | 0.97× | 2.58× |
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% |
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
