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布鲁克菲尔德公司（BN）与世邦魏理仕（CBRE）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德公司的季度营收约是世邦魏理仕的1.6倍（$18.1B vs $11.5B）。布鲁克菲尔德公司净利率更高（5.8% vs 3.6%，领先2.2%）。世邦魏理仕自由现金流更多（$1.1B vs $-745.0M）
布鲁克菲尔德地产是另类资产管理巨头布鲁克菲尔德公司旗下Brookfield Property Partners的北美子公司，负责管理集团全品类不动产投资组合，涵盖写字楼、多户住宅、商业零售、酒店及物流地产等多元业态。
世邦魏理仕（CBRE Group）是全球领先的跨国商业地产服务与投资企业，业务涵盖物业顾问、交易撮合、资产管理、项目开发咨询等范畴，为全球各类企业及机构客户提供全链条不动产相关解决方案，服务网络覆盖全球各大主要城市。
BN vs CBRE — 直观对比
营收规模更大
BN
是对方的1.6倍
$11.5B
净利率更高
BN
高出2.2%
3.6%
自由现金流更多
CBRE
多$1.8B
$-745.0M
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.1B | $11.5B |
| 净利润 | $1.1B | $416.0M |
| 毛利率 | — | 17.3% |
| 营业利润率 | — | 5.4% |
| 净利率 | 5.8% | 3.6% |
| 营收同比 | — | 12.3% |
| 净利润同比 | — | -14.6% |
| 每股收益（稀释后） | $0.15 | $1.38 |
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BNCBRE
| Q4 25 | — | $11.5B | ||
| Q3 25 | — | $10.1B | ||
| Q2 25 | $18.1B | $9.6B | ||
| Q1 25 | — | $8.8B | ||
| Q4 24 | — | $10.2B | ||
| Q3 24 | — | $8.8B | ||
| Q2 24 | — | $8.2B | ||
| Q1 24 | — | $7.8B |
净利润BNCBRE
| Q4 25 | — | $416.0M | ||
| Q3 25 | — | $363.0M | ||
| Q2 25 | $1.1B | $215.0M | ||
| Q1 25 | — | $163.0M | ||
| Q4 24 | — | $487.0M | ||
| Q3 24 | — | $225.0M | ||
| Q2 24 | — | $130.0M | ||
| Q1 24 | — | $126.0M |
毛利率BNCBRE
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 17.1% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 17.1% |
营业利润率BNCBRE
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 2.6% |
净利率BNCBRE
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | 5.8% | 2.2% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | 1.6% |
每股收益（稀释后）BNCBRE
| Q4 25 | — | $1.38 | ||
| Q3 25 | — | $1.21 | ||
| Q2 25 | $0.15 | $0.72 | ||
| Q1 25 | — | $0.54 | ||
| Q4 24 | — | $1.58 | ||
| Q3 24 | — | $0.73 | ||
| Q2 24 | — | $0.42 | ||
| Q1 24 | — | $0.41 |
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 | $13.7B | $1.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $161.6B | $8.9B |
| 总资产 | $506.1B | $30.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BNCBRE
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $13.7B | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $928.0M | ||
| Q1 24 | — | $1.0B |
股东权益BNCBRE
| Q4 25 | — | $8.9B | ||
| Q3 25 | — | $8.5B | ||
| Q2 25 | $161.6B | $8.3B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.4B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.4B | ||
| Q1 24 | — | $8.3B |
总资产BNCBRE
| Q4 25 | — | $30.9B | ||
| Q3 25 | — | $28.6B | ||
| Q2 25 | $506.1B | $27.7B | ||
| Q1 25 | — | $26.4B | ||
| Q4 24 | — | $24.4B | ||
| Q3 24 | — | $24.8B | ||
| Q2 24 | — | $23.5B | ||
| Q1 24 | — | $23.0B |
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 | $2.0B | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $-745.0M | $1.1B |
| 自由现金流率自由现金流/营收 | -4.1% | 9.4% |
| 资本支出强度资本支出/营收 | 15.2% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.91× | 2.94× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流BNCBRE
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $827.0M | ||
| Q2 25 | $2.0B | $57.0M | ||
| Q1 25 | — | $-546.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $573.0M | ||
| Q2 24 | — | $287.0M | ||
| Q1 24 | — | $-492.0M |
自由现金流BNCBRE
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.0M | ||
| Q2 25 | $-745.0M | $-17.0M | ||
| Q1 25 | — | $-610.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $494.0M | ||
| Q2 24 | — | $220.0M | ||
| Q1 24 | — | $-560.0M |
自由现金流率BNCBRE
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | -4.1% | -0.2% | ||
| Q1 25 | — | -7.0% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | -7.2% |
资本支出强度BNCBRE
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | 15.2% | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.9% |
现金转化率BNCBRE
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | 1.91× | 0.27× | ||
| Q1 25 | — | -3.35× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | — | 2.55× | ||
| Q2 24 | — | 2.21× | ||
| Q1 24 | — | -3.90× |
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
BN
暂无分部数据
CBRE
| Other | $5.8B | 51% |
| Project Management Segment | $2.2B | 19% |
| Advisory Leasing | $1.5B | 13% |
| Advisory Sales | $756.0M | 7% |
| Property Management | $695.0M | 6% |
| Investment Management Property Management Brokerage And Other Professional Services | $156.0M | 1% |
| Commercial Mortgage Origination | $95.0M | 1% |
| Other Portfolio Services | $87.0M | 1% |
| Loan Servicing | $73.0M | 1% |
| Real Estate Development Services | $60.0M | 1% |
