vs
Deckers Brands（DECK）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是Deckers Brands的1.4倍（$2.7B vs $2.0B），Deckers Brands净利率更高（24.6% vs 5.0%，领先19.6%），Deckers Brands同比增速更快（7.1% vs 3.5%），Deckers Brands自由现金流更多（$1.0B vs $540.3M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 2.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
DECK vs OSK — 直观对比
营收规模更大
OSK
是对方的1.4倍
$2.0B
营收增速更快
DECK
高出3.6%
3.5%
净利率更高
DECK
高出19.6%
5.0%
自由现金流更多
DECK
多$480.0M
$540.3M
两年增速更快
DECK
近两年复合增速
2.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.7B |
| 净利润 | $481.1M | $133.8M |
| 毛利率 | 59.8% | 15.8% |
| 营业利润率 | 31.4% | 7.9% |
| 净利率 | 24.6% | 5.0% |
| 营收同比 | 7.1% | 3.5% |
| 净利润同比 | 5.3% | -12.6% |
| 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DECKOSK
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $964.5M | $2.7B | ||
| Q1 25 | $1.0B | $2.3B | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | $1.3B | $2.7B | ||
| Q2 24 | $825.3M | $2.8B | ||
| Q1 24 | $959.8M | $2.5B |
净利润DECKOSK
| Q4 25 | $481.1M | $133.8M | ||
| Q3 25 | $268.2M | $196.2M | ||
| Q2 25 | $139.2M | $204.8M | ||
| Q1 25 | $151.4M | $112.2M | ||
| Q4 24 | $456.7M | $153.1M | ||
| Q3 24 | $242.3M | $180.3M | ||
| Q2 24 | $115.6M | $168.6M | ||
| Q1 24 | $127.5M | $179.4M |
毛利率DECKOSK
| Q4 25 | 59.8% | 15.8% | ||
| Q3 25 | 56.2% | 17.5% | ||
| Q2 25 | 55.8% | 19.2% | ||
| Q1 25 | 56.7% | 17.3% | ||
| Q4 24 | 60.3% | 17.2% | ||
| Q3 24 | 55.9% | 18.5% | ||
| Q2 24 | 56.9% | 19.2% | ||
| Q1 24 | 56.2% | 18.5% |
营业利润率DECKOSK
| Q4 25 | 31.4% | 7.9% | ||
| Q3 25 | 22.8% | 9.7% | ||
| Q2 25 | 17.1% | 10.7% | ||
| Q1 25 | 17.0% | 7.6% | ||
| Q4 24 | 31.0% | 8.6% | ||
| Q3 24 | 23.3% | 9.7% | ||
| Q2 24 | 16.1% | 9.2% | ||
| Q1 24 | 15.0% | 10.2% |
净利率DECKOSK
| Q4 25 | 24.6% | 5.0% | ||
| Q3 25 | 18.7% | 7.3% | ||
| Q2 25 | 14.4% | 7.5% | ||
| Q1 25 | 14.8% | 4.9% | ||
| Q4 24 | 25.0% | 5.9% | ||
| Q3 24 | 18.5% | 6.6% | ||
| Q2 24 | 14.0% | 5.9% | ||
| Q1 24 | 13.3% | 7.1% |
每股收益（稀释后）DECKOSK
| Q4 25 | $3.33 | — | ||
| Q3 25 | $1.82 | — | ||
| Q2 25 | $0.93 | — | ||
| Q1 25 | $-2.78 | — | ||
| Q4 24 | $3.00 | — | ||
| Q3 24 | $1.59 | — | ||
| Q2 24 | $4.52 | — | ||
| Q1 24 | $4.82 | — |
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 | $479.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $4.5B |
| 总资产 | $4.1B | $10.1B |
| 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DECKOSK
| Q4 25 | $2.1B | $479.8M | ||
| Q3 25 | $1.4B | $211.8M | ||
| Q2 25 | $1.7B | $191.7M | ||
| Q1 25 | $1.9B | $210.3M | ||
| Q4 24 | $2.2B | $204.9M | ||
| Q3 24 | $1.2B | $160.9M | ||
| Q2 24 | $1.4B | $141.4M | ||
| Q1 24 | $1.5B | $69.9M |
总债务DECKOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $602.3M | ||
| Q2 24 | — | $599.1M | ||
| Q1 24 | — | $598.9M |
股东权益DECKOSK
| Q4 25 | $2.6B | $4.5B | ||
| Q3 25 | $2.5B | $4.5B | ||
| Q2 25 | $2.5B | $4.5B | ||
| Q1 25 | $2.5B | $4.2B | ||
| Q4 24 | $2.6B | $4.2B | ||
| Q3 24 | $2.2B | $4.1B | ||
| Q2 24 | $2.1B | $3.9B | ||
| Q1 24 | $2.1B | $3.8B |
总资产DECKOSK
| Q4 25 | $4.1B | $10.1B | ||
| Q3 25 | $3.8B | $9.8B | ||
| Q2 25 | $3.8B | $10.0B | ||
| Q1 25 | $3.6B | $9.8B | ||
| Q4 24 | $4.0B | $9.4B | ||
| Q3 24 | $3.4B | $9.9B | ||
| Q2 24 | $3.3B | $9.7B | ||
| Q1 24 | $3.1B | $9.5B |
负债/权益比DECKOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.16× |
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 | $600.1M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $540.3M |
| 自由现金流率自由现金流/营收 | 52.1% | 20.1% |
| 资本支出强度资本支出/营收 | 1.1% | 2.2% |
| 现金转化率经营现金流/净利润 | 2.17× | 4.49× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $618.0M |
8季度趋势，按日历期对齐
经营现金流DECKOSK
| Q4 25 | $1.0B | $600.1M | ||
| Q3 25 | $8.1M | $489.0M | ||
| Q2 25 | $36.1M | $89.2M | ||
| Q1 25 | $-73.0M | $-394.9M | ||
| Q4 24 | $1.1B | $790.8M | ||
| Q3 24 | $-90.5M | $326.1M | ||
| Q2 24 | $112.7M | $-211.0M | ||
| Q1 24 | $-28.7M | $-355.8M |
自由现金流DECKOSK
| Q4 25 | $1.0B | $540.3M | ||
| Q3 25 | $-13.9M | $464.3M | ||
| Q2 25 | $12.2M | $48.6M | ||
| Q1 25 | $-89.4M | $-435.2M | ||
| Q4 24 | $1.1B | $703.3M | ||
| Q3 24 | $-113.4M | $272.2M | ||
| Q2 24 | $90.1M | $-250.5M | ||
| Q1 24 | $-44.0M | $-455.9M |
自由现金流率DECKOSK
| Q4 25 | 52.1% | 20.1% | ||
| Q3 25 | -1.0% | 17.3% | ||
| Q2 25 | 1.3% | 1.8% | ||
| Q1 25 | -8.8% | -18.8% | ||
| Q4 24 | 58.6% | 27.1% | ||
| Q3 24 | -8.6% | 9.9% | ||
| Q2 24 | 10.9% | -8.8% | ||
| Q1 24 | -4.6% | -17.9% |
资本支出强度DECKOSK
| Q4 25 | 1.1% | 2.2% | ||
| Q3 25 | 1.5% | 0.9% | ||
| Q2 25 | 2.5% | 1.5% | ||
| Q1 25 | 1.6% | 1.7% | ||
| Q4 24 | 1.3% | 3.4% | ||
| Q3 24 | 1.7% | 2.0% | ||
| Q2 24 | 2.7% | 1.4% | ||
| Q1 24 | 1.6% | 3.9% |
现金转化率DECKOSK
| Q4 25 | 2.17× | 4.49× | ||
| Q3 25 | 0.03× | 2.49× | ||
| Q2 25 | 0.26× | 0.44× | ||
| Q1 25 | -0.48× | -3.52× | ||
| Q4 24 | 2.40× | 5.17× | ||
| Q3 24 | -0.37× | 1.81× | ||
| Q2 24 | 0.97× | -1.25× | ||
| Q1 24 | -0.22× | -1.98× |
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% |
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
