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Deckers Brands（DECK）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是Deckers Brands的1.2倍（$2.3B vs $2.0B），Deckers Brands净利率更高（24.6% vs 11.3%，领先13.3%），PPL Corporation同比增速更快（7.2% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $-614.0M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 1.0%）
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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
DECK vs PPL — 直观对比
营收规模更大
PPL
是对方的1.2倍
$2.0B
营收增速更快
PPL
高出0.1%
7.1%
净利率更高
DECK
高出13.3%
11.3%
自由现金流更多
DECK
多$1.6B
$-614.0M
两年增速更快
DECK
近两年复合增速
1.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.3B |
| 净利润 | $481.1M | $266.0M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 20.3% |
| 净利率 | 24.6% | 11.3% |
| 营收同比 | 7.1% | 7.2% |
| 净利润同比 | 5.3% | 50.3% |
| 每股收益（稀释后） | $3.33 | $0.35 |
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DECKPPL
| Q4 25 | $2.0B | $2.3B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $964.5M | $2.0B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $825.3M | $1.9B | ||
| Q1 24 | $959.8M | $2.3B |
净利润DECKPPL
| Q4 25 | $481.1M | $266.0M | ||
| Q3 25 | $268.2M | $318.0M | ||
| Q2 25 | $139.2M | $183.0M | ||
| Q1 25 | $151.4M | $414.0M | ||
| Q4 24 | $456.7M | $177.0M | ||
| Q3 24 | $242.3M | $214.0M | ||
| Q2 24 | $115.6M | $190.0M | ||
| Q1 24 | $127.5M | $307.0M |
毛利率DECKPPL
| 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DECKPPL
| Q4 25 | 31.4% | 20.3% | ||
| Q3 25 | 22.8% | 25.4% | ||
| Q2 25 | 17.1% | 19.9% | ||
| Q1 25 | 17.0% | 26.6% | ||
| Q4 24 | 31.0% | 17.2% | ||
| Q3 24 | 23.3% | 20.6% | ||
| Q2 24 | 16.1% | 20.8% | ||
| Q1 24 | 15.0% | 23.7% |
净利率DECKPPL
| Q4 25 | 24.6% | 11.3% | ||
| Q3 25 | 18.7% | 14.2% | ||
| Q2 25 | 14.4% | 9.0% | ||
| Q1 25 | 14.8% | 16.3% | ||
| Q4 24 | 25.0% | 8.1% | ||
| Q3 24 | 18.5% | 10.3% | ||
| Q2 24 | 14.0% | 10.1% | ||
| Q1 24 | 13.3% | 13.3% |
每股收益（稀释后）DECKPPL
| Q4 25 | $3.33 | $0.35 | ||
| Q3 25 | $1.82 | $0.43 | ||
| Q2 25 | $0.93 | $0.25 | ||
| Q1 25 | $-2.78 | $0.56 | ||
| Q4 24 | $3.00 | $0.23 | ||
| Q3 24 | $1.59 | $0.29 | ||
| Q2 24 | $4.52 | $0.26 | ||
| Q1 24 | $4.82 | $0.42 |
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 | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $2.6B | $14.9B |
| 总资产 | $4.1B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资DECKPPL
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.7B | $294.0M | ||
| Q1 25 | $1.9B | $312.0M | ||
| Q4 24 | $2.2B | $306.0M | ||
| Q3 24 | $1.2B | $542.0M | ||
| Q2 24 | $1.4B | $282.0M | ||
| Q1 24 | $1.5B | $276.0M |
总债务DECKPPL
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECKPPL
| Q4 25 | $2.6B | $14.9B | ||
| Q3 25 | $2.5B | $14.4B | ||
| Q2 25 | $2.5B | $14.3B | ||
| Q1 25 | $2.5B | $14.3B | ||
| Q4 24 | $2.6B | $14.1B | ||
| Q3 24 | $2.2B | $14.1B | ||
| Q2 24 | $2.1B | $14.1B | ||
| Q1 24 | $2.1B | $14.1B |
总资产DECKPPL
| Q4 25 | $4.1B | $45.2B | ||
| Q3 25 | $3.8B | $43.9B | ||
| Q2 25 | $3.8B | $42.4B | ||
| Q1 25 | $3.6B | $41.8B | ||
| Q4 24 | $4.0B | $41.1B | ||
| Q3 24 | $3.4B | $40.5B | ||
| Q2 24 | $3.3B | $39.8B | ||
| Q1 24 | $3.1B | $39.6B |
负债/权益比DECKPPL
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $548.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-614.0M |
| 自由现金流率自由现金流/营收 | 52.1% | -26.1% |
| 资本支出强度资本支出/营收 | 1.1% | 49.5% |
| 现金转化率经营现金流/净利润 | 2.17× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流DECKPPL
| Q4 25 | $1.0B | $548.0M | ||
| Q3 25 | $8.1M | $966.0M | ||
| Q2 25 | $36.1M | $602.0M | ||
| Q1 25 | $-73.0M | $513.0M | ||
| Q4 24 | $1.1B | $511.0M | ||
| Q3 24 | $-90.5M | $781.0M | ||
| Q2 24 | $112.7M | $766.0M | ||
| Q1 24 | $-28.7M | $282.0M |
自由现金流DECKPPL
| Q4 25 | $1.0B | $-614.0M | ||
| Q3 25 | $-13.9M | $-179.0M | ||
| Q2 25 | $12.2M | $-328.0M | ||
| Q1 25 | $-89.4M | $-280.0M | ||
| Q4 24 | $1.1B | $-349.0M | ||
| Q3 24 | $-113.4M | $102.0M | ||
| Q2 24 | $90.1M | $96.0M | ||
| Q1 24 | $-44.0M | $-314.0M |
自由现金流率DECKPPL
| Q4 25 | 52.1% | -26.1% | ||
| Q3 25 | -1.0% | -8.0% | ||
| Q2 25 | 1.3% | -16.1% | ||
| Q1 25 | -8.8% | -11.0% | ||
| Q4 24 | 58.6% | -15.9% | ||
| Q3 24 | -8.6% | 4.9% | ||
| Q2 24 | 10.9% | 5.1% | ||
| Q1 24 | -4.6% | -13.6% |
资本支出强度DECKPPL
| Q4 25 | 1.1% | 49.5% | ||
| Q3 25 | 1.5% | 51.2% | ||
| Q2 25 | 2.5% | 45.6% | ||
| Q1 25 | 1.6% | 31.2% | ||
| Q4 24 | 1.3% | 39.3% | ||
| Q3 24 | 1.7% | 32.7% | ||
| Q2 24 | 2.7% | 35.8% | ||
| Q1 24 | 1.6% | 25.9% |
现金转化率DECKPPL
| Q4 25 | 2.17× | 2.06× | ||
| Q3 25 | 0.03× | 3.04× | ||
| Q2 25 | 0.26× | 3.29× | ||
| Q1 25 | -0.48× | 1.24× | ||
| Q4 24 | 2.40× | 2.89× | ||
| Q3 24 | -0.37× | 3.65× | ||
| Q2 24 | 0.97× | 4.03× | ||
| Q1 24 | -0.22× | 0.92× |
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% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
