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贝壳控股（BEKE）与Ovintiv Inc.（OVV）财务数据对比。点击上方公司名可切换其他公司
贝壳控股的季度营收约是Ovintiv Inc.的1.6倍（$3.2B vs $2.1B），Ovintiv Inc.净利率更高（46.1% vs 3.2%，领先42.8%），过去两年贝壳控股的营收复合增速更高（9.8% vs -7.2%）
贝壳控股是中国领先的线上线下一体化居住服务平台，旗下运营贝壳找房等品牌，业务覆盖二手房交易经纪、新房代理销售、房屋租赁、家装改造及居住相关金融咨询服务，可满足消费者全周期居住需求。
Ovintiv Inc.是一家总部位于美国丹佛的石油企业，前身为加拿大能源公司Encana，于2020年通过重组正式成立，主营石油、天然气的勘探、开发与生产业务，在北美能源领域拥有丰富的运营经验及市场积累。
BEKE vs OVV — 直观对比
营收规模更大
BEKE
是对方的1.6倍
$2.1B
净利率更高
OVV
高出42.8%
3.2%
两年增速更快
BEKE
近两年复合增速
-7.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.1B |
| 净利润 | $104.9M | $946.0M |
| 毛利率 | 21.4% | — |
| 营业利润率 | 2.6% | 21.2% |
| 净利率 | 3.2% | 46.1% |
| 营收同比 | — | -6.0% |
| 净利润同比 | — | 1676.7% |
| 每股收益（稀释后） | — | $3.64 |
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BEKEOVV
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.6B | $2.0B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | $3.2B | $2.4B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $3.2B | $2.2B | ||
| Q2 24 | $3.2B | $2.2B | ||
| Q1 24 | $2.3B | $2.4B |
净利润BEKEOVV
| Q4 25 | $104.9M | $946.0M | ||
| Q3 25 | $182.4M | $148.0M | ||
| Q2 25 | — | $307.0M | ||
| Q1 25 | $117.9M | $-159.0M | ||
| Q4 24 | — | $-60.0M | ||
| Q3 24 | $166.5M | $507.0M | ||
| Q2 24 | $261.5M | $340.0M | ||
| Q1 24 | $59.8M | $338.0M |
毛利率BEKEOVV
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 27.9% | — | ||
| Q1 24 | 25.2% | — |
营业利润率BEKEOVV
| Q4 25 | 2.6% | 21.2% | ||
| Q3 25 | 4.1% | 13.5% | ||
| Q2 25 | — | 23.1% | ||
| Q1 25 | 2.5% | -3.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 3.2% | 24.2% | ||
| Q2 24 | 8.6% | 25.4% | ||
| Q1 24 | 0.1% | 20.7% |
净利率BEKEOVV
| Q4 25 | 3.2% | 46.1% | ||
| Q3 25 | 5.0% | 7.3% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | 3.7% | -6.7% | ||
| Q4 24 | — | -2.7% | ||
| Q3 24 | 5.2% | 23.3% | ||
| Q2 24 | 8.1% | 15.5% | ||
| Q1 24 | 2.6% | 14.2% |
每股收益（稀释后）BEKEOVV
| Q4 25 | — | $3.64 | ||
| Q3 25 | — | $0.57 | ||
| Q2 25 | — | $1.18 | ||
| Q1 25 | — | $-0.61 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | — | $1.92 | ||
| Q2 24 | — | $1.27 | ||
| Q1 24 | — | $1.24 |
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 | $1.3B | $280.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | — | $11.2B |
| 总资产 | $16.8B | $20.4B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资BEKEOVV
| Q4 25 | $1.3B | $280.0M | ||
| Q3 25 | $1.6B | $25.0M | ||
| Q2 25 | — | $20.0M | ||
| Q1 25 | $1.8B | $8.0M | ||
| Q4 24 | — | $42.0M | ||
| Q3 24 | $1.4B | $9.0M | ||
| Q2 24 | $1.3B | $8.0M | ||
| Q1 24 | $2.5B | $5.0M |
总债务BEKEOVV
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.2B |
股东权益BEKEOVV
| Q4 25 | — | $11.2B | ||
| Q3 25 | $9.6B | $10.2B | ||
| Q2 25 | — | $10.4B | ||
| Q1 25 | $9.5B | $10.1B | ||
| Q4 24 | — | $10.3B | ||
| Q3 24 | $10.1B | $10.7B | ||
| Q2 24 | $9.7B | $10.3B | ||
| Q1 24 | $9.6B | $10.3B |
总资产BEKEOVV
| Q4 25 | $16.8B | $20.4B | ||
| Q3 25 | $17.3B | $19.4B | ||
| Q2 25 | — | $19.7B | ||
| Q1 25 | $18.0B | $19.6B | ||
| Q4 24 | — | $19.3B | ||
| Q3 24 | $17.5B | $19.9B | ||
| Q2 24 | $16.9B | $19.8B | ||
| Q1 24 | $16.5B | $19.8B |
负债/权益比BEKEOVV
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.60× |
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 | — | $954.0M |
| 自由现金流经营现金流 - 资本支出 | — | $489.0M |
| 自由现金流率自由现金流/营收 | — | 23.8% |
| 资本支出强度资本支出/营收 | — | 22.6% |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | — | $1.5B |
8季度趋势，按日历期对齐
经营现金流BEKEOVV
| Q4 25 | — | $954.0M | ||
| Q3 25 | — | $812.0M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | $-546.4M | $873.0M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $64.0M | $1.0B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $659.0M |
自由现金流BEKEOVV
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M | ||
| Q1 24 | — | $68.0M |
自由现金流率BEKEOVV
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 2.8% |
资本支出强度BEKEOVV
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.8% |
现金转化率BEKEOVV
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 5.49× | ||
| Q2 25 | — | 3.30× | ||
| Q1 25 | -4.64× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.38× | 2.02× | ||
| Q2 24 | — | 3.00× | ||
| Q1 24 | — | 1.95× |
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
BEKE
| New home transaction services | $932.6M | 29% |
| Existing home transaction services | $841.5M | 26% |
| Home rental services | $804.4M | 25% |
| Home renovation and furnishing | $604.0M | 19% |
| Emerging and other services | $55.6M | 2% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
