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Deckers Brands（DECK）与SELECT MEDICAL HOLDINGS CORP（SEM）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SELECT MEDICAL HOLDINGS CORP的1.4倍（$2.0B vs $1.4B），Deckers Brands净利率更高（24.6% vs 1.4%，领先23.1%），Deckers Brands同比增速更快（7.1% vs 6.4%），Deckers Brands自由现金流更多（$1.0B vs $5.2M），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。
Select Medical是总部位于美国宾夕法尼亚州的医疗健康企业，业务涵盖长期急症护理、住院康复医院运营，同时开设有职业健康与物理治疗诊所，母公司Select Medical Holdings在纽约证券交易所挂牌上市。
DECK vs SEM — 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
DECK
高出0.7%
6.4%
净利率更高
DECK
高出23.1%
1.4%
自由现金流更多
DECK
多$1.0B
$5.2M
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 | $1.4B |
| 净利润 | $481.1M | $20.2M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | 4.6% |
| 净利率 | 24.6% | 1.4% |
| 营收同比 | 7.1% | 6.4% |
| 净利润同比 | 5.3% | 225.7% |
| 每股收益（稀释后） | $3.33 | $0.17 |
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DECKSEM
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $964.5M | $1.3B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $825.3M | $1.3B | ||
| Q1 24 | $959.8M | $1.3B |
净利润DECKSEM
| Q4 25 | $481.1M | $20.2M | ||
| Q3 25 | $268.2M | $28.8M | ||
| Q2 25 | $139.2M | $40.6M | ||
| Q1 25 | $151.4M | $56.7M | ||
| Q4 24 | $456.7M | $-16.1M | ||
| Q3 24 | $242.3M | $55.6M | ||
| Q2 24 | $115.6M | $77.6M | ||
| Q1 24 | $127.5M | $96.9M |
毛利率DECKSEM
| 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DECKSEM
| Q4 25 | 31.4% | 4.6% | ||
| Q3 25 | 22.8% | 5.4% | ||
| Q2 25 | 17.1% | 6.5% | ||
| Q1 25 | 17.0% | 8.3% | ||
| Q4 24 | 31.0% | 1.6% | ||
| Q3 24 | 23.3% | 4.3% | ||
| Q2 24 | 16.1% | 5.8% | ||
| Q1 24 | 15.0% | 9.0% |
净利率DECKSEM
| Q4 25 | 24.6% | 1.4% | ||
| Q3 25 | 18.7% | 2.1% | ||
| Q2 25 | 14.4% | 3.0% | ||
| Q1 25 | 14.8% | 4.2% | ||
| Q4 24 | 25.0% | -1.2% | ||
| Q3 24 | 18.5% | 4.4% | ||
| Q2 24 | 14.0% | 6.1% | ||
| Q1 24 | 13.3% | 7.3% |
每股收益（稀释后）DECKSEM
| Q4 25 | $3.33 | $0.17 | ||
| Q3 25 | $1.82 | $0.23 | ||
| Q2 25 | $0.93 | $0.32 | ||
| Q1 25 | $-2.78 | $0.44 | ||
| Q4 24 | $3.00 | $-0.12 | ||
| Q3 24 | $1.59 | $0.43 | ||
| Q2 24 | $4.52 | $0.60 | ||
| Q1 24 | $4.82 | $0.75 |
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 | $26.5M |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | $2.6B | $1.7B |
| 总资产 | $4.1B | $5.9B |
| 负债/权益比越低杠杆越低 | — | 1.06× |
8季度趋势，按日历期对齐
现金及短期投资DECKSEM
| Q4 25 | $2.1B | $26.5M | ||
| Q3 25 | $1.4B | $60.1M | ||
| Q2 25 | $1.7B | $52.3M | ||
| Q1 25 | $1.9B | $53.2M | ||
| Q4 24 | $2.2B | $59.7M | ||
| Q3 24 | $1.2B | $191.5M | ||
| Q2 24 | $1.4B | $111.2M | ||
| Q1 24 | $1.5B | $92.6M |
总债务DECKSEM
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.8B |
股东权益DECKSEM
| Q4 25 | $2.6B | $1.7B | ||
| Q3 25 | $2.5B | $1.7B | ||
| Q2 25 | $2.5B | $1.7B | ||
| Q1 25 | $2.5B | $1.7B | ||
| Q4 24 | $2.6B | $1.7B | ||
| Q3 24 | $2.2B | $1.9B | ||
| Q2 24 | $2.1B | $1.4B | ||
| Q1 24 | $2.1B | $1.4B |
总资产DECKSEM
| Q4 25 | $4.1B | $5.9B | ||
| Q3 25 | $3.8B | $5.7B | ||
| Q2 25 | $3.8B | $5.7B | ||
| Q1 25 | $3.6B | $5.7B | ||
| Q4 24 | $4.0B | $5.6B | ||
| Q3 24 | $3.4B | $8.0B | ||
| Q2 24 | $3.3B | $7.9B | ||
| Q1 24 | $3.1B | $7.9B |
负债/权益比DECKSEM
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 2.54× | ||
| Q1 24 | — | 2.75× |
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 | $64.3M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $5.2M |
| 自由现金流率自由现金流/营收 | 52.1% | 0.4% |
| 资本支出强度资本支出/营收 | 1.1% | 4.2% |
| 现金转化率经营现金流/净利润 | 2.17× | 3.19× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $117.2M |
8季度趋势，按日历期对齐
经营现金流DECKSEM
| Q4 25 | $1.0B | $64.3M | ||
| Q3 25 | $8.1M | $175.3M | ||
| Q2 25 | $36.1M | $110.3M | ||
| Q1 25 | $-73.0M | $-3.5M | ||
| Q4 24 | $1.1B | $125.4M | ||
| Q3 24 | $-90.5M | $181.0M | ||
| Q2 24 | $112.7M | $278.2M | ||
| Q1 24 | $-28.7M | $-66.7M |
自由现金流DECKSEM
| Q4 25 | $1.0B | $5.2M | ||
| Q3 25 | $-13.9M | $122.2M | ||
| Q2 25 | $12.2M | $45.6M | ||
| Q1 25 | $-89.4M | $-55.8M | ||
| Q4 24 | $1.1B | $62.0M | ||
| Q3 24 | $-113.4M | $130.3M | ||
| Q2 24 | $90.1M | $222.6M | ||
| Q1 24 | $-44.0M | $-119.2M |
自由现金流率DECKSEM
| Q4 25 | 52.1% | 0.4% | ||
| Q3 25 | -1.0% | 9.0% | ||
| Q2 25 | 1.3% | 3.4% | ||
| Q1 25 | -8.8% | -4.1% | ||
| Q4 24 | 58.6% | 4.7% | ||
| Q3 24 | -8.6% | 10.2% | ||
| Q2 24 | 10.9% | 17.4% | ||
| Q1 24 | -4.6% | -9.0% |
资本支出强度DECKSEM
| Q4 25 | 1.1% | 4.2% | ||
| Q3 25 | 1.5% | 3.9% | ||
| Q2 25 | 2.5% | 4.8% | ||
| Q1 25 | 1.6% | 3.9% | ||
| Q4 24 | 1.3% | 4.8% | ||
| Q3 24 | 1.7% | 4.0% | ||
| Q2 24 | 2.7% | 4.3% | ||
| Q1 24 | 1.6% | 4.0% |
现金转化率DECKSEM
| Q4 25 | 2.17× | 3.19× | ||
| Q3 25 | 0.03× | 6.09× | ||
| Q2 25 | 0.26× | 2.72× | ||
| Q1 25 | -0.48× | -0.06× | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | 3.25× | ||
| Q2 24 | 0.97× | 3.59× | ||
| Q1 24 | -0.22× | -0.69× |
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% |
SEM
| Critical Illness Recovery Hospitals | $629.7M | 45% |
| Health Care Patient Service Non Medicare | $428.6M | 31% |
| Rehabilitation Hospitals | $339.2M | 24% |
