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贝壳控股（BEKE）与Roper Technologies（ROP）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Roper Technologies的1.5倍（$3.2B vs $2.1B），Roper Technologies净利率更高（15.8% vs 3.2%，领先12.6%），过去两年Roper Technologies的营收复合增速更高（10.5% vs 9.8%）
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。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
BEKE vs ROP — 直观对比
营收规模更大
BEKE
是对方的1.5倍
$2.1B
净利率更高
ROP
高出12.6%
3.2%
两年增速更快
ROP
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.1B |
| 净利润 | $104.9M | $331.0M |
| 毛利率 | 21.4% | 69.4% |
| 营业利润率 | 2.6% | 27.2% |
| 净利率 | 3.2% | 15.8% |
| 营收同比 | — | 11.3% |
| 净利润同比 | — | 842.6% |
| 每股收益（稀释后） | — | $4.87 |
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BEKEROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.6B | $2.0B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | $3.2B | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $3.2B | $1.8B | ||
| Q2 24 | $3.2B | $1.7B |
净利润BEKEROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $104.9M | $428.4M | ||
| Q3 25 | $182.4M | $398.5M | ||
| Q2 25 | — | $378.3M | ||
| Q1 25 | $117.9M | $331.1M | ||
| Q4 24 | — | $462.3M | ||
| Q3 24 | $166.5M | $367.9M | ||
| Q2 24 | $261.5M | $337.1M |
毛利率BEKEROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | 21.4% | 69.5% | ||
| Q3 25 | 21.9% | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | 20.7% | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | 22.7% | 69.2% | ||
| Q2 24 | 27.9% | 69.5% |
营业利润率BEKEROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 2.6% | 28.6% | ||
| Q3 25 | 4.1% | 28.4% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | 2.5% | 27.9% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | 3.2% | 28.1% | ||
| Q2 24 | 8.6% | 28.8% |
净利率BEKEROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 3.2% | 20.8% | ||
| Q3 25 | 5.0% | 19.8% | ||
| Q2 25 | — | 19.5% | ||
| Q1 25 | 3.7% | 17.6% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | 5.2% | 20.8% | ||
| Q2 24 | 8.1% | 19.6% |
每股收益（稀释后）BEKEROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | — | $3.97 | ||
| Q3 25 | — | $3.68 | ||
| Q2 25 | — | $3.49 | ||
| Q1 25 | — | $3.06 | ||
| Q4 24 | — | $4.29 | ||
| Q3 24 | — | $3.40 | ||
| Q2 24 | — | $3.12 |
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 | $382.9M |
| 总债务越低越好 | — | $9.7B |
| 股东权益账面价值 | — | $18.8B |
| 总资产 | $16.8B | $34.6B |
| 负债/权益比越低杠杆越低 | — | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资BEKEROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $1.3B | $297.4M | ||
| Q3 25 | $1.6B | $320.0M | ||
| Q2 25 | — | $242.4M | ||
| Q1 25 | $1.8B | $372.8M | ||
| Q4 24 | — | $188.2M | ||
| Q3 24 | $1.4B | $269.6M | ||
| Q2 24 | $1.3B | $251.5M |
总债务BEKEROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | — | $9.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BEKEROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | — | $19.9B | ||
| Q3 25 | $9.6B | $20.0B | ||
| Q2 25 | — | $19.6B | ||
| Q1 25 | $9.5B | $19.2B | ||
| Q4 24 | — | $18.9B | ||
| Q3 24 | $10.1B | $18.5B | ||
| Q2 24 | $9.7B | $18.1B |
总资产BEKEROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $16.8B | $34.6B | ||
| Q3 25 | $17.3B | $34.6B | ||
| Q2 25 | — | $33.2B | ||
| Q1 25 | $18.0B | $31.4B | ||
| Q4 24 | — | $31.3B | ||
| Q3 24 | $17.5B | $31.6B | ||
| Q2 24 | $16.9B | $29.8B |
负债/权益比BEKEROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| Q2 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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $507.0M |
| 自由现金流率自由现金流/营收 | — | 24.2% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BEKEROP
| Q1 26 | — | — | ||
| Q4 25 | — | $738.0M | ||
| Q3 25 | — | $869.5M | ||
| Q2 25 | — | $404.1M | ||
| Q1 25 | $-546.4M | $528.7M | ||
| Q4 24 | — | $722.2M | ||
| Q3 24 | $64.0M | $755.4M | ||
| Q2 24 | — | $384.1M |
自由现金流BEKEROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率BEKEROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度BEKEROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率BEKEROP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | -4.64× | 1.60× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | 0.38× | 2.05× | ||
| Q2 24 | — | 1.14× |
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% |
ROP
暂无分部数据
