vs
BGC Group, Inc.（BGC）与Copart（CPRT）财务数据对比。点击上方公司名可切换其他公司
Copart的季度营收约是BGC Group, Inc.的1.8倍（$1.2B vs $638.6M），Copart净利率更高（35.0% vs 2.3%，领先32.7%），BGC Group, Inc.同比增速更快（34.4% vs 0.7%），Copart自由现金流更多（$427.2M vs $175.1M），过去两年BGC Group, Inc.的营收复合增速更高（18.7% vs 6.4%）
BGC集团是一家总部位于纽约和伦敦的美国全球性金融服务企业，最初隶属于康托·菲茨杰拉德集团，2004年正式独立运营，业务范围覆盖全球金融市场相关服务领域。
Copart是一家跨国在线车辆拍卖及再营销服务提供商，服务保险、租车、车队、金融公司等各类汽车经销商，业务覆盖美国、加拿大、英国、德国等11个国家。总部位于美国得克萨斯州达拉斯，拥有200多处实体网点，运营总面积超1万英亩的车辆存放场地。
BGC vs CPRT — 直观对比
营收规模更大
CPRT
是对方的1.8倍
$638.6M
营收增速更快
BGC
高出33.7%
0.7%
净利率更高
CPRT
高出32.7%
2.3%
自由现金流更多
CPRT
多$252.1M
$175.1M
两年增速更快
BGC
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $638.6M | $1.2B |
| 净利润 | $14.4M | $403.7M |
| 毛利率 | — | — |
| 营业利润率 | 3.9% | 37.3% |
| 净利率 | 2.3% | 35.0% |
| 营收同比 | 34.4% | 0.7% |
| 净利润同比 | -43.0% | 11.5% |
| 每股收益（稀释后） | $0.03 | $0.41 |
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BGCCPRT
| Q4 25 | $638.6M | $1.2B | ||
| Q3 25 | $620.8M | $1.1B | ||
| Q2 25 | $648.0M | $1.2B | ||
| Q1 25 | $534.6M | $1.2B | ||
| Q4 24 | $475.2M | $1.1B | ||
| Q3 24 | $448.9M | $1.1B | ||
| Q2 24 | $435.0M | $1.1B | ||
| Q1 24 | $453.6M | $1.0B |
净利润BGCCPRT
| Q4 25 | $14.4M | $403.7M | ||
| Q3 25 | $27.9M | $396.4M | ||
| Q2 25 | $57.5M | $406.6M | ||
| Q1 25 | $55.2M | $387.4M | ||
| Q4 24 | $25.2M | $362.1M | ||
| Q3 24 | $14.7M | $322.6M | ||
| Q2 24 | $37.8M | $382.3M | ||
| Q1 24 | $49.2M | $325.6M |
营业利润率BGCCPRT
| Q4 25 | 3.9% | 37.3% | ||
| Q3 25 | 5.4% | 36.7% | ||
| Q2 25 | 11.6% | 37.3% | ||
| Q1 25 | 15.0% | 36.6% | ||
| Q4 24 | 5.7% | 35.4% | ||
| Q3 24 | 4.4% | 33.6% | ||
| Q2 24 | 12.7% | 38.8% | ||
| Q1 24 | 15.7% | 37.2% |
净利率BGCCPRT
| Q4 25 | 2.3% | 35.0% | ||
| Q3 25 | 4.5% | 35.2% | ||
| Q2 25 | 8.9% | 33.6% | ||
| Q1 25 | 10.3% | 33.3% | ||
| Q4 24 | 5.3% | 31.6% | ||
| Q3 24 | 3.3% | 30.2% | ||
| Q2 24 | 8.7% | 33.9% | ||
| Q1 24 | 10.8% | 31.9% |
每股收益（稀释后）BGCCPRT
| Q4 25 | $0.03 | $0.41 | ||
| Q3 25 | $0.06 | $0.40 | ||
| Q2 25 | $0.11 | $0.42 | ||
| Q1 25 | $0.11 | $0.40 | ||
| Q4 24 | $0.04 | $0.37 | ||
| Q3 24 | $0.03 | $0.34 | ||
| Q2 24 | $0.08 | $0.39 | ||
| Q1 24 | $0.10 | $0.33 |
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 | $851.5M | — |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $972.5M | $9.6B |
| 总资产 | $4.4B | $10.6B |
| 负债/权益比越低杠杆越低 | 1.58× | — |
8季度趋势，按日历期对齐
现金及短期投资BGCCPRT
| Q4 25 | $851.5M | — | ||
| Q3 25 | $774.9M | — | ||
| Q2 25 | $827.8M | — | ||
| Q1 25 | $966.4M | — | ||
| Q4 24 | $711.6M | — | ||
| Q3 24 | $563.5M | — | ||
| Q2 24 | $571.7M | — | ||
| Q1 24 | $566.8M | — |
总债务BGCCPRT
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.4B | $0 | ||
| Q2 24 | $1.4B | $427.0K | ||
| Q1 24 | $945.0M | $453.0K |
股东权益BGCCPRT
| Q4 25 | $972.5M | $9.6B | ||
| Q3 25 | $965.3M | $9.2B | ||
| Q2 25 | $930.5M | $8.8B | ||
| Q1 25 | $963.8M | $8.3B | ||
| Q4 24 | $898.5M | $7.9B | ||
| Q3 24 | $860.1M | $7.5B | ||
| Q2 24 | $858.1M | $7.2B | ||
| Q1 24 | $912.1M | $6.8B |
总资产BGCCPRT
| Q4 25 | $4.4B | $10.6B | ||
| Q3 25 | $5.8B | $10.1B | ||
| Q2 25 | $4.9B | $9.7B | ||
| Q1 25 | $4.9B | $9.2B | ||
| Q4 24 | $3.6B | $8.9B | ||
| Q3 24 | $4.4B | $8.4B | ||
| Q2 24 | $4.3B | $8.0B | ||
| Q1 24 | $4.4B | $7.6B |
负债/权益比BGCCPRT
| Q4 25 | 1.58× | — | ||
| Q3 25 | 1.90× | — | ||
| Q2 25 | 1.97× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.68× | 0.00× | ||
| Q2 24 | 1.68× | 0.00× | ||
| Q1 24 | 1.04× | 0.00× |
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 | $180.4M | $535.3M |
| 自由现金流经营现金流 - 资本支出 | $175.1M | $427.2M |
| 自由现金流率自由现金流/营收 | 27.4% | 37.0% |
| 资本支出强度资本支出/营收 | 0.8% | 9.4% |
| 现金转化率经营现金流/净利润 | 12.55× | 1.33× |
| 过去12个月自由现金流最近4个季度 | $372.9M | $1.4B |
8季度趋势，按日历期对齐
经营现金流BGCCPRT
| Q4 25 | $180.4M | $535.3M | ||
| Q3 25 | $141.9M | $438.5M | ||
| Q2 25 | $71.2M | $700.9M | ||
| Q1 25 | $839.0K | $178.1M | ||
| Q4 24 | $251.9M | $482.3M | ||
| Q3 24 | $88.3M | $439.2M | ||
| Q2 24 | $-53.0M | $496.3M | ||
| Q1 24 | $28.1M | $161.8M |
自由现金流BGCCPRT
| Q4 25 | $175.1M | $427.2M | ||
| Q3 25 | $137.2M | $350.8M | ||
| Q2 25 | $65.0M | $572.9M | ||
| Q1 25 | $-4.4M | $61.5M | ||
| Q4 24 | $245.6M | $245.5M | ||
| Q3 24 | $78.8M | $301.3M | ||
| Q2 24 | $-63.5M | $408.5M | ||
| Q1 24 | $24.9M | $38.8M |
自由现金流率BGCCPRT
| Q4 25 | 27.4% | 37.0% | ||
| Q3 25 | 22.1% | 31.2% | ||
| Q2 25 | 10.0% | 47.3% | ||
| Q1 25 | -0.8% | 5.3% | ||
| Q4 24 | 51.7% | 21.4% | ||
| Q3 24 | 17.5% | 28.2% | ||
| Q2 24 | -14.6% | 36.2% | ||
| Q1 24 | 5.5% | 3.8% |
资本支出强度BGCCPRT
| Q4 25 | 0.8% | 9.4% | ||
| Q3 25 | 0.8% | 7.8% | ||
| Q2 25 | 1.0% | 10.6% | ||
| Q1 25 | 1.0% | 10.0% | ||
| Q4 24 | 1.3% | 20.6% | ||
| Q3 24 | 2.1% | 12.9% | ||
| Q2 24 | 2.4% | 7.8% | ||
| Q1 24 | 0.7% | 12.1% |
现金转化率BGCCPRT
| Q4 25 | 12.55× | 1.33× | ||
| Q3 25 | 5.09× | 1.11× | ||
| Q2 25 | 1.24× | 1.72× | ||
| Q1 25 | 0.02× | 0.46× | ||
| Q4 24 | 9.99× | 1.33× | ||
| Q3 24 | 5.99× | 1.36× | ||
| Q2 24 | -1.40× | 1.30× | ||
| Q1 24 | 0.57× | 0.50× |
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
BGC
| Commissions | $590.2M | 92% |
| Data Software And Post Trade | $36.7M | 6% |
| Fees From Related Parties | $4.6M | 1% |
CPRT
| Services | $952.1M | 82% |
| Other | $203.0M | 18% |
