vs
Deckers Brands（DECK）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是瑞思迈的1.4倍（$2.0B vs $1.4B），瑞思迈净利率更高（27.6% vs 24.6%，领先3.0%），瑞思迈同比增速更快（11.0% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $311.2M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 9.0%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
DECK vs RMD — 直观对比
营收规模更大
DECK
是对方的1.4倍
$1.4B
营收增速更快
RMD
高出3.8%
7.1%
净利率更高
RMD
高出3.0%
24.6%
自由现金流更多
DECK
多$709.1M
$311.2M
两年增速更快
DECK
近两年复合增速
9.0%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.4B |
| 净利润 | $481.1M | $392.6M |
| 毛利率 | 59.8% | 61.8% |
| 营业利润率 | 31.4% | 34.6% |
| 净利率 | 24.6% | 27.6% |
| 营收同比 | 7.1% | 11.0% |
| 净利润同比 | 5.3% | 13.9% |
| 每股收益（稀释后） | $3.33 | $2.68 |
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DECKRMD
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $964.5M | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $825.3M | $1.2B | ||
| Q1 24 | $959.8M | $1.2B |
净利润DECKRMD
| Q4 25 | $481.1M | $392.6M | ||
| Q3 25 | $268.2M | $348.5M | ||
| Q2 25 | $139.2M | $379.7M | ||
| Q1 25 | $151.4M | $365.0M | ||
| Q4 24 | $456.7M | $344.6M | ||
| Q3 24 | $242.3M | $311.4M | ||
| Q2 24 | $115.6M | $292.2M | ||
| Q1 24 | $127.5M | $300.5M |
毛利率DECKRMD
| Q4 25 | 59.8% | 61.8% | ||
| Q3 25 | 56.2% | 61.5% | ||
| Q2 25 | 55.8% | 60.8% | ||
| Q1 25 | 56.7% | 59.3% | ||
| Q4 24 | 60.3% | 58.6% | ||
| Q3 24 | 55.9% | 58.6% | ||
| Q2 24 | 56.9% | 58.5% | ||
| Q1 24 | 56.2% | 57.9% |
营业利润率DECKRMD
| Q4 25 | 31.4% | 34.6% | ||
| Q3 25 | 22.8% | 33.4% | ||
| Q2 25 | 17.1% | 33.7% | ||
| Q1 25 | 17.0% | 33.0% | ||
| Q4 24 | 31.0% | 32.5% | ||
| Q3 24 | 23.3% | 31.6% | ||
| Q2 24 | 16.1% | 31.2% | ||
| Q1 24 | 15.0% | 31.3% |
净利率DECKRMD
| Q4 25 | 24.6% | 27.6% | ||
| Q3 25 | 18.7% | 26.1% | ||
| Q2 25 | 14.4% | 28.2% | ||
| Q1 25 | 14.8% | 28.3% | ||
| Q4 24 | 25.0% | 26.9% | ||
| Q3 24 | 18.5% | 25.4% | ||
| Q2 24 | 14.0% | 23.9% | ||
| Q1 24 | 13.3% | 25.1% |
每股收益（稀释后）DECKRMD
| Q4 25 | $3.33 | $2.68 | ||
| Q3 25 | $1.82 | $2.37 | ||
| Q2 25 | $0.93 | $2.58 | ||
| Q1 25 | $-2.78 | $2.48 | ||
| Q4 24 | $3.00 | $2.34 | ||
| Q3 24 | $1.59 | $2.11 | ||
| Q2 24 | $4.52 | $1.97 | ||
| Q1 24 | $4.82 | $2.04 |
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 | $1.4B |
| 总债务越低越好 | — | $403.9M |
| 股东权益账面价值 | $2.6B | $6.3B |
| 总资产 | $4.1B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资DECKRMD
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.9B | $932.7M | ||
| Q4 24 | $2.2B | $521.9M | ||
| Q3 24 | $1.2B | $426.4M | ||
| Q2 24 | $1.4B | $238.4M | ||
| Q1 24 | $1.5B | $237.9M |
总债务DECKRMD
| Q4 25 | — | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | — | $662.9M | ||
| Q3 24 | — | $667.6M | ||
| Q2 24 | — | $697.3M | ||
| Q1 24 | — | $997.0M |
股东权益DECKRMD
| Q4 25 | $2.6B | $6.3B | ||
| Q3 25 | $2.5B | $6.1B | ||
| Q2 25 | $2.5B | $6.0B | ||
| Q1 25 | $2.5B | $5.5B | ||
| Q4 24 | $2.6B | $5.3B | ||
| Q3 24 | $2.2B | $5.2B | ||
| Q2 24 | $2.1B | $4.9B | ||
| Q1 24 | $2.1B | $4.6B |
总资产DECKRMD
| Q4 25 | $4.1B | $8.5B | ||
| Q3 25 | $3.8B | $8.3B | ||
| Q2 25 | $3.8B | $8.2B | ||
| Q1 25 | $3.6B | $7.6B | ||
| Q4 24 | $4.0B | $7.1B | ||
| Q3 24 | $3.4B | $7.2B | ||
| Q2 24 | $3.3B | $6.9B | ||
| Q1 24 | $3.1B | $6.8B |
负债/权益比DECKRMD
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.22× |
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 | $339.7M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $311.2M |
| 自由现金流率自由现金流/营收 | 52.1% | 21.9% |
| 资本支出强度资本支出/营收 | 1.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.17× | 0.87× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $1.8B |
8季度趋势，按日历期对齐
经营现金流DECKRMD
| Q4 25 | $1.0B | $339.7M | ||
| Q3 25 | $8.1M | $457.3M | ||
| Q2 25 | $36.1M | $538.8M | ||
| Q1 25 | $-73.0M | $578.7M | ||
| Q4 24 | $1.1B | $308.6M | ||
| Q3 24 | $-90.5M | $325.5M | ||
| Q2 24 | $112.7M | $440.1M | ||
| Q1 24 | $-28.7M | $402.0M |
自由现金流DECKRMD
| Q4 25 | $1.0B | $311.2M | ||
| Q3 25 | $-13.9M | $414.4M | ||
| Q2 25 | $12.2M | $508.2M | ||
| Q1 25 | $-89.4M | $557.9M | ||
| Q4 24 | $1.1B | $288.0M | ||
| Q3 24 | $-113.4M | $307.7M | ||
| Q2 24 | $90.1M | $415.2M | ||
| Q1 24 | $-44.0M | $380.8M |
自由现金流率DECKRMD
| Q4 25 | 52.1% | 21.9% | ||
| Q3 25 | -1.0% | 31.0% | ||
| Q2 25 | 1.3% | 37.7% | ||
| Q1 25 | -8.8% | 43.2% | ||
| Q4 24 | 58.6% | 22.5% | ||
| Q3 24 | -8.6% | 25.1% | ||
| Q2 24 | 10.9% | 33.9% | ||
| Q1 24 | -4.6% | 31.8% |
资本支出强度DECKRMD
| Q4 25 | 1.1% | 2.0% | ||
| Q3 25 | 1.5% | 3.2% | ||
| Q2 25 | 2.5% | 2.3% | ||
| Q1 25 | 1.6% | 1.6% | ||
| Q4 24 | 1.3% | 1.6% | ||
| Q3 24 | 1.7% | 1.5% | ||
| Q2 24 | 2.7% | 2.0% | ||
| Q1 24 | 1.6% | 1.8% |
现金转化率DECKRMD
| Q4 25 | 2.17× | 0.87× | ||
| Q3 25 | 0.03× | 1.31× | ||
| Q2 25 | 0.26× | 1.42× | ||
| Q1 25 | -0.48× | 1.59× | ||
| Q4 24 | 2.40× | 0.90× | ||
| Q3 24 | -0.37× | 1.05× | ||
| Q2 24 | 0.97× | 1.51× | ||
| Q1 24 | -0.22× | 1.34× |
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% |
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
