vs
Deckers Brands（DECK）与百利高（PRGO）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是百利高的1.8倍（$2.0B vs $1.1B），Deckers Brands净利率更高（24.6% vs -127.8%，领先152.4%），Deckers Brands同比增速更快（7.1% vs -2.5%），Deckers Brands自由现金流更多（$1.0B vs $148.6M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 1.3%）
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。
百利高（Perrigo）是一家注册于爱尔兰的非处方仿制药生产商，主打自有品牌OTC药品业务。公司70%的净销售额来自美国医疗市场，为优化税务布局将法定总部设在爱尔兰，该地区销售额仅占总营收的0.6%，2013年曾完成美国历史上第六大企业税收倒置交易。
DECK vs PRGO — 直观对比
营收规模更大
DECK
是对方的1.8倍
$1.1B
营收增速更快
DECK
高出9.7%
-2.5%
净利率更高
DECK
高出152.4%
-127.8%
自由现金流更多
DECK
多$871.7M
$148.6M
两年增速更快
DECK
近两年复合增速
1.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.1B |
| 净利润 | $481.1M | $-1.4B |
| 毛利率 | 59.8% | 32.6% |
| 营业利润率 | 31.4% | -116.0% |
| 净利率 | 24.6% | -127.8% |
| 营收同比 | 7.1% | -2.5% |
| 净利润同比 | 5.3% | -3093.9% |
| 每股收益（稀释后） | $3.33 | $-10.23 |
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DECKPRGO
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $964.5M | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $825.3M | $1.1B | ||
| Q1 24 | $959.8M | $1.1B |
净利润DECKPRGO
| Q4 25 | $481.1M | $-1.4B | ||
| Q3 25 | $268.2M | $7.5M | ||
| Q2 25 | $139.2M | $-8.4M | ||
| Q1 25 | $151.4M | $-6.4M | ||
| Q4 24 | $456.7M | $-44.4M | ||
| Q3 24 | $242.3M | $-21.0M | ||
| Q2 24 | $115.6M | $-108.4M | ||
| Q1 24 | $127.5M | $2.0M |
毛利率DECKPRGO
| Q4 25 | 59.8% | 32.6% | ||
| Q3 25 | 56.2% | 36.1% | ||
| Q2 25 | 55.8% | 34.4% | ||
| Q1 25 | 56.7% | 37.6% | ||
| Q4 24 | 60.3% | 33.9% | ||
| Q3 24 | 55.9% | 37.2% | ||
| Q2 24 | 56.9% | 37.0% | ||
| Q1 24 | 56.2% | 33.1% |
营业利润率DECKPRGO
| Q4 25 | 31.4% | -116.0% | ||
| Q3 25 | 22.8% | 7.0% | ||
| Q2 25 | 17.1% | 4.3% | ||
| Q1 25 | 17.0% | 4.5% | ||
| Q4 24 | 31.0% | 10.0% | ||
| Q3 24 | 23.3% | 7.4% | ||
| Q2 24 | 16.1% | -2.5% | ||
| Q1 24 | 15.0% | -5.1% |
净利率DECKPRGO
| Q4 25 | 24.6% | -127.8% | ||
| Q3 25 | 18.7% | 0.7% | ||
| Q2 25 | 14.4% | -0.8% | ||
| Q1 25 | 14.8% | -0.6% | ||
| Q4 24 | 25.0% | -3.9% | ||
| Q3 24 | 18.5% | -1.9% | ||
| Q2 24 | 14.0% | -10.2% | ||
| Q1 24 | 13.3% | 0.2% |
每股收益（稀释后）DECKPRGO
| Q4 25 | $3.33 | $-10.23 | ||
| Q3 25 | $1.82 | $0.05 | ||
| Q2 25 | $0.93 | $-0.06 | ||
| Q1 25 | $-2.78 | $-0.05 | ||
| Q4 24 | $3.00 | $-0.32 | ||
| Q3 24 | $1.59 | $-0.15 | ||
| Q2 24 | $4.52 | $-0.79 | ||
| Q1 24 | $4.82 | $0.01 |
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 | $2.9B |
| 总资产 | $4.1B | $8.5B |
| 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DECKPRGO
| Q4 25 | $2.1B | — | ||
| Q3 25 | $1.4B | $432.1M | ||
| Q2 25 | $1.7B | $454.2M | ||
| Q1 25 | $1.9B | $409.9M | ||
| Q4 24 | $2.2B | $558.8M | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.4B | $542.8M | ||
| Q1 24 | $1.5B | $658.5M |
股东权益DECKPRGO
| Q4 25 | $2.6B | $2.9B | ||
| Q3 25 | $2.5B | $4.4B | ||
| Q2 25 | $2.5B | $4.5B | ||
| Q1 25 | $2.5B | $4.4B | ||
| Q4 24 | $2.6B | $4.3B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.1B | $4.5B | ||
| Q1 24 | $2.1B | $4.7B |
总资产DECKPRGO
| Q4 25 | $4.1B | $8.5B | ||
| Q3 25 | $3.8B | $10.1B | ||
| Q2 25 | $3.8B | $10.1B | ||
| Q1 25 | $3.6B | $9.8B | ||
| Q4 24 | $4.0B | $9.6B | ||
| Q3 24 | $3.4B | $11.2B | ||
| Q2 24 | $3.3B | $10.4B | ||
| Q1 24 | $3.1B | $10.6B |
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 | $175.4M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $148.6M |
| 自由现金流率自由现金流/营收 | 52.1% | 13.4% |
| 资本支出强度资本支出/营收 | 1.1% | 2.4% |
| 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 | $145.1M |
8季度趋势，按日历期对齐
经营现金流DECKPRGO
| Q4 25 | $1.0B | $175.4M | ||
| Q3 25 | $8.1M | $51.7M | ||
| Q2 25 | $36.1M | $75.9M | ||
| Q1 25 | $-73.0M | $-64.5M | ||
| Q4 24 | $1.1B | $312.6M | ||
| Q3 24 | $-90.5M | $42.2M | ||
| Q2 24 | $112.7M | $9.5M | ||
| Q1 24 | $-28.7M | $-1.4M |
自由现金流DECKPRGO
| Q4 25 | $1.0B | $148.6M | ||
| Q3 25 | $-13.9M | $29.8M | ||
| Q2 25 | $12.2M | $56.7M | ||
| Q1 25 | $-89.4M | $-90.0M | ||
| Q4 24 | $1.1B | $274.9M | ||
| Q3 24 | $-113.4M | $15.1M | ||
| Q2 24 | $90.1M | $-18.9M | ||
| Q1 24 | $-44.0M | $-26.5M |
自由现金流率DECKPRGO
| Q4 25 | 52.1% | 13.4% | ||
| Q3 25 | -1.0% | 2.9% | ||
| Q2 25 | 1.3% | 5.4% | ||
| Q1 25 | -8.8% | -8.6% | ||
| Q4 24 | 58.6% | 24.2% | ||
| Q3 24 | -8.6% | 1.4% | ||
| Q2 24 | 10.9% | -1.8% | ||
| Q1 24 | -4.6% | -2.4% |
资本支出强度DECKPRGO
| Q4 25 | 1.1% | 2.4% | ||
| Q3 25 | 1.5% | 2.1% | ||
| Q2 25 | 2.5% | 1.8% | ||
| Q1 25 | 1.6% | 2.4% | ||
| Q4 24 | 1.3% | 3.3% | ||
| Q3 24 | 1.7% | 2.5% | ||
| Q2 24 | 2.7% | 2.7% | ||
| Q1 24 | 1.6% | 2.3% |
现金转化率DECKPRGO
| Q4 25 | 2.17× | — | ||
| Q3 25 | 0.03× | 6.89× | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | -0.48× | — | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | -0.22× | -0.70× |
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% |
PRGO
| Consumer Self Care Americas | $697.0M | 63% |
| Digestive Health | $123.9M | 11% |
| Nutrition | $108.3M | 10% |
| Healthy Lifestyle | $94.8M | 9% |
| Pain And Sleep Aids | $87.1M | 8% |
