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Deckers Brands（DECK）与TEREX CORP（TEX）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TEREX CORP的1.5倍（$2.0B vs $1.3B），Deckers Brands净利率更高（24.6% vs 4.8%，领先19.8%），Deckers Brands同比增速更快（7.1% vs 6.2%），Deckers Brands自由现金流更多（$1.0B vs $171.0M），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。
特雷克斯公司是美国知名的设备制造企业，业务遍布美洲、欧洲、澳大利亚及亚太地区，主营物料加工机械、废弃物回收处理设备、移动式高空作业平台，以及电力行业专用设备，为全球多领域客户提供专业解决方案。
DECK vs TEX — 直观对比
营收规模更大
DECK
是对方的1.5倍
$1.3B
营收增速更快
DECK
高出0.9%
6.2%
净利率更高
DECK
高出19.8%
4.8%
自由现金流更多
DECK
多$849.3M
$171.0M
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 | $1.3B |
| 净利润 | $481.1M | $63.0M |
| 毛利率 | 59.8% | 18.8% |
| 营业利润率 | 31.4% | 10.4% |
| 净利率 | 24.6% | 4.8% |
| 营收同比 | 7.1% | 6.2% |
| 净利润同比 | 5.3% | 2963.6% |
| 每股收益（稀释后） | $3.33 | $0.95 |
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DECKTEX
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $964.5M | $1.5B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $825.3M | $1.4B | ||
| Q1 24 | $959.8M | $1.3B |
净利润DECKTEX
| Q4 25 | $481.1M | $63.0M | ||
| Q3 25 | $268.2M | $65.0M | ||
| Q2 25 | $139.2M | $72.0M | ||
| Q1 25 | $151.4M | $21.0M | ||
| Q4 24 | $456.7M | $-2.2M | ||
| Q3 24 | $242.3M | $88.0M | ||
| Q2 24 | $115.6M | $140.7M | ||
| Q1 24 | $127.5M | $108.5M |
毛利率DECKTEX
| Q4 25 | 59.8% | 18.8% | ||
| Q3 25 | 56.2% | 20.3% | ||
| Q2 25 | 55.8% | 19.6% | ||
| Q1 25 | 56.7% | 18.7% | ||
| Q4 24 | 60.3% | 15.9% | ||
| Q3 24 | 55.9% | 20.2% | ||
| Q2 24 | 56.9% | 23.8% | ||
| Q1 24 | 56.2% | 23.0% |
营业利润率DECKTEX
| Q4 25 | 31.4% | 10.4% | ||
| Q3 25 | 22.8% | 10.1% | ||
| Q2 25 | 17.1% | 8.7% | ||
| Q1 25 | 17.0% | 5.6% | ||
| Q4 24 | 31.0% | 4.2% | ||
| Q3 24 | 23.3% | 10.1% | ||
| Q2 24 | 16.1% | 14.0% | ||
| Q1 24 | 15.0% | 12.2% |
净利率DECKTEX
| Q4 25 | 24.6% | 4.8% | ||
| Q3 25 | 18.7% | 4.7% | ||
| Q2 25 | 14.4% | 4.8% | ||
| Q1 25 | 14.8% | 1.7% | ||
| Q4 24 | 25.0% | -0.2% | ||
| Q3 24 | 18.5% | 7.3% | ||
| Q2 24 | 14.0% | 10.2% | ||
| Q1 24 | 13.3% | 8.4% |
每股收益（稀释后）DECKTEX
| Q4 25 | $3.33 | $0.95 | ||
| Q3 25 | $1.82 | $0.98 | ||
| Q2 25 | $0.93 | $1.09 | ||
| Q1 25 | $-2.78 | $0.31 | ||
| Q4 24 | $3.00 | $-0.03 | ||
| Q3 24 | $1.59 | $1.31 | ||
| Q2 24 | $4.52 | $2.08 | ||
| Q1 24 | $4.82 | $1.60 |
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 | $772.0M |
| 总债务越低越好 | — | $2.6B |
| 股东权益账面价值 | $2.6B | $2.1B |
| 总资产 | $4.1B | $6.1B |
| 负债/权益比越低杠杆越低 | — | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资DECKTEX
| Q4 25 | $2.1B | $772.0M | ||
| Q3 25 | $1.4B | $509.0M | ||
| Q2 25 | $1.7B | $374.0M | ||
| Q1 25 | $1.9B | $298.0M | ||
| Q4 24 | $2.2B | $388.0M | ||
| Q3 24 | $1.2B | $352.0M | ||
| Q2 24 | $1.4B | $319.3M | ||
| Q1 24 | $1.5B | $364.9M |
总债务DECKTEX
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECKTEX
| Q4 25 | $2.6B | $2.1B | ||
| Q3 25 | $2.5B | $2.0B | ||
| Q2 25 | $2.5B | $2.0B | ||
| Q1 25 | $2.5B | $1.8B | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $2.2B | $2.0B | ||
| Q2 24 | $2.1B | $1.8B | ||
| Q1 24 | $2.1B | $1.7B |
总资产DECKTEX
| Q4 25 | $4.1B | $6.1B | ||
| Q3 25 | $3.8B | $6.2B | ||
| Q2 25 | $3.8B | $6.2B | ||
| Q1 25 | $3.6B | $5.8B | ||
| Q4 24 | $4.0B | $5.7B | ||
| Q3 24 | $3.4B | $3.8B | ||
| Q2 24 | $3.3B | $3.8B | ||
| Q1 24 | $3.1B | $3.8B |
负债/权益比DECKTEX
| Q4 25 | — | 1.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.41× | ||
| 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 | $205.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $171.0M |
| 自由现金流率自由现金流/营收 | 52.1% | 13.0% |
| 资本支出强度资本支出/营收 | 1.1% | 2.6% |
| 现金转化率经营现金流/净利润 | 2.17× | 3.25× |
| 过去12个月自由现金流最近4个季度 | $929.1M | $322.0M |
8季度趋势，按日历期对齐
经营现金流DECKTEX
| Q4 25 | $1.0B | $205.0M | ||
| Q3 25 | $8.1M | $154.0M | ||
| Q2 25 | $36.1M | $102.0M | ||
| Q1 25 | $-73.0M | $-21.0M | ||
| Q4 24 | $1.1B | $177.0M | ||
| Q3 24 | $-90.5M | $116.4M | ||
| Q2 24 | $112.7M | $66.5M | ||
| Q1 24 | $-28.7M | $-33.9M |
自由现金流DECKTEX
| Q4 25 | $1.0B | $171.0M | ||
| Q3 25 | $-13.9M | $130.0M | ||
| Q2 25 | $12.2M | $78.0M | ||
| Q1 25 | $-89.4M | $-57.0M | ||
| Q4 24 | $1.1B | $128.0M | ||
| Q3 24 | $-113.4M | $87.4M | ||
| Q2 24 | $90.1M | $42.5M | ||
| Q1 24 | $-44.0M | $-68.9M |
自由现金流率DECKTEX
| Q4 25 | 52.1% | 13.0% | ||
| Q3 25 | -1.0% | 9.4% | ||
| Q2 25 | 1.3% | 5.2% | ||
| Q1 25 | -8.8% | -4.6% | ||
| Q4 24 | 58.6% | 10.3% | ||
| Q3 24 | -8.6% | 7.2% | ||
| Q2 24 | 10.9% | 3.1% | ||
| Q1 24 | -4.6% | -5.3% |
资本支出强度DECKTEX
| Q4 25 | 1.1% | 2.6% | ||
| Q3 25 | 1.5% | 1.7% | ||
| Q2 25 | 2.5% | 1.6% | ||
| Q1 25 | 1.6% | 2.9% | ||
| Q4 24 | 1.3% | 3.9% | ||
| Q3 24 | 1.7% | 2.4% | ||
| Q2 24 | 2.7% | 1.7% | ||
| Q1 24 | 1.6% | 2.7% |
现金转化率DECKTEX
| Q4 25 | 2.17× | 3.25× | ||
| Q3 25 | 0.03× | 2.37× | ||
| Q2 25 | 0.26× | 1.42× | ||
| Q1 25 | -0.48× | -1.00× | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | 1.32× | ||
| Q2 24 | 0.97× | 0.47× | ||
| Q1 24 | -0.22× | -0.31× |
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% |
TEX
| Aerials Segment | $466.0M | 35% |
| Materials Processing Segment | $428.0M | 32% |
| Materials Processing Equipment | $279.0M | 21% |
| Specialty Equipment | $148.0M | 11% |
