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Deckers Brands（DECK）与WESTERN ALLIANCE BANCORPORATION（WAL）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WESTERN ALLIANCE BANCORPORATION的1.9倍（$2.0B vs $1.0B），Deckers Brands净利率更高（24.6% vs 18.6%，领先6.0%），WESTERN ALLIANCE BANCORPORATION同比增速更快（31.0% vs 7.1%），过去两年Deckers Brands的营收复合增速更高（42.8% vs 14.9%）
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。
Western Alliance Bancorporation是总部位于美国菲尼克斯的区域性银行控股公司，长期深耕美国本土区域金融服务市场，目前已跻身美国最大银行行列，在福布斯发布的美国最佳银行榜单中排名第97位。
DECK vs WAL — 直观对比
营收规模更大
DECK
是对方的1.9倍
$1.0B
营收增速更快
WAL
高出23.8%
7.1%
净利率更高
DECK
高出6.0%
18.6%
两年增速更快
DECK
近两年复合增速
14.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.0B |
| 净利润 | $481.1M | $189.2M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.4% | — |
| 净利率 | 24.6% | 18.6% |
| 营收同比 | 7.1% | 31.0% |
| 净利润同比 | 5.3% | -5.0% |
| 每股收益（稀释后） | $3.33 | $1.65 |
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DECKWAL
| Q1 26 | — | $1.0B | ||
| Q4 25 | $2.0B | $980.9M | ||
| Q3 25 | $1.4B | $938.2M | ||
| Q2 25 | $964.5M | $845.9M | ||
| Q1 25 | $1.0B | $778.0M | ||
| Q4 24 | $1.8B | $838.4M | ||
| Q3 24 | $1.3B | $823.1M | ||
| Q2 24 | $825.3M | $771.8M |
净利润DECKWAL
| Q1 26 | — | $189.2M | ||
| Q4 25 | $481.1M | $286.1M | ||
| Q3 25 | $268.2M | $253.4M | ||
| Q2 25 | $139.2M | $230.4M | ||
| Q1 25 | $151.4M | $199.1M | ||
| Q4 24 | $456.7M | $216.9M | ||
| Q3 24 | $242.3M | $199.8M | ||
| Q2 24 | $115.6M | $193.6M |
毛利率DECKWAL
| Q1 26 | — | — | ||
| 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% | — |
营业利润率DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | 31.4% | 36.3% | ||
| Q3 25 | 22.8% | 33.4% | ||
| Q2 25 | 17.1% | 34.4% | ||
| Q1 25 | 17.0% | 31.7% | ||
| Q4 24 | 31.0% | 30.9% | ||
| Q3 24 | 23.3% | 30.6% | ||
| Q2 24 | 16.1% | 32.1% |
净利率DECKWAL
| Q1 26 | — | 18.6% | ||
| Q4 25 | 24.6% | 29.2% | ||
| Q3 25 | 18.7% | 27.0% | ||
| Q2 25 | 14.4% | 27.2% | ||
| Q1 25 | 14.8% | 25.6% | ||
| Q4 24 | 25.0% | 25.9% | ||
| Q3 24 | 18.5% | 24.3% | ||
| Q2 24 | 14.0% | 25.1% |
每股收益（稀释后）DECKWAL
| Q1 26 | — | $1.65 | ||
| Q4 25 | $3.33 | $2.59 | ||
| Q3 25 | $1.82 | $2.28 | ||
| Q2 25 | $0.93 | $2.07 | ||
| Q1 25 | $-2.78 | $1.79 | ||
| Q4 24 | $3.00 | $1.94 | ||
| Q3 24 | $1.59 | $1.80 | ||
| Q2 24 | $4.52 | $1.75 |
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 | — |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $2.6B | $7.9B |
| 总资产 | $4.1B | $98.9B |
| 负债/权益比越低杠杆越低 | — | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.4B | — |
总债务DECKWAL
| Q1 26 | — | $4.3B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $436.0M |
股东权益DECKWAL
| Q1 26 | — | $7.9B | ||
| Q4 25 | $2.6B | $7.7B | ||
| Q3 25 | $2.5B | $7.4B | ||
| Q2 25 | $2.5B | $7.1B | ||
| Q1 25 | $2.5B | $6.9B | ||
| Q4 24 | $2.6B | $6.7B | ||
| Q3 24 | $2.2B | $6.7B | ||
| Q2 24 | $2.1B | $6.3B |
总资产DECKWAL
| Q1 26 | — | $98.9B | ||
| Q4 25 | $4.1B | $92.8B | ||
| Q3 25 | $3.8B | $91.0B | ||
| Q2 25 | $3.8B | $86.7B | ||
| Q1 25 | $3.6B | $83.0B | ||
| Q4 24 | $4.0B | $80.9B | ||
| Q3 24 | $3.4B | $80.1B | ||
| Q2 24 | $3.3B | $80.6B |
负债/权益比DECKWAL
| Q1 26 | — | 0.54× | ||
| Q4 25 | — | 0.18× | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.23× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.07× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 52.1% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $-2.7B | ||
| Q3 25 | $8.1M | $-597.4M | ||
| Q2 25 | $36.1M | $-357.7M | ||
| Q1 25 | $-73.0M | $-1.7B | ||
| Q4 24 | $1.1B | $-2.7B | ||
| Q3 24 | $-90.5M | $-1.1B | ||
| Q2 24 | $112.7M | $-745.8M |
自由现金流DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $-13.9M | — | ||
| Q2 25 | $12.2M | — | ||
| Q1 25 | $-89.4M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $-113.4M | — | ||
| Q2 24 | $90.1M | — |
自由现金流率DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | 52.1% | — | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | -8.8% | — | ||
| Q4 24 | 58.6% | — | ||
| Q3 24 | -8.6% | — | ||
| Q2 24 | 10.9% | — |
资本支出强度DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.7% | — |
现金转化率DECKWAL
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | -9.36× | ||
| Q3 25 | 0.03× | -2.36× | ||
| Q2 25 | 0.26× | -1.55× | ||
| Q1 25 | -0.48× | -8.31× | ||
| Q4 24 | 2.40× | -12.64× | ||
| Q3 24 | -0.37× | -5.35× | ||
| Q2 24 | 0.97× | -3.85× |
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% |
WAL
暂无分部数据
