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世邦魏理仕（CBRE）与Compass, Inc.（COMP）财务数据对比。点击上方公司名可切换其他公司
世邦魏理仕的季度营收约是Compass, Inc.的6.7倍（$11.5B vs $1.7B）。世邦魏理仕净利率更高（3.6% vs -2.5%，领先6.1%）。Compass, Inc.同比增速更快（23.1% vs 12.3%）。世邦魏理仕自由现金流更多（$1.1B vs $42.2M）。过去两年Compass, Inc.的营收复合增速更高（27.0% vs 21.1%）
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。
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
CBRE vs COMP — 直观对比
营收规模更大
CBRE
是对方的6.7倍
$1.7B
营收增速更快
COMP
高出10.8%
12.3%
净利率更高
CBRE
高出6.1%
-2.5%
自由现金流更多
CBRE
多$1.0B
$42.2M
两年增速更快
COMP
近两年复合增速
21.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $11.5B | $1.7B |
| 净利润 | $416.0M | $-42.6M |
| 毛利率 | 17.3% | — |
| 营业利润率 | 5.4% | -2.5% |
| 净利率 | 3.6% | -2.5% |
| 营收同比 | 12.3% | 23.1% |
| 净利润同比 | -14.6% | -5.2% |
| 每股收益（稀释后） | $1.38 | $-0.07 |
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CBRECOMP
| Q4 25 | $11.5B | $1.7B | ||
| Q3 25 | $10.1B | $1.8B | ||
| Q2 25 | $9.6B | $2.1B | ||
| Q1 25 | $8.8B | $1.4B | ||
| Q4 24 | $10.2B | $1.4B | ||
| Q3 24 | $8.8B | $1.5B | ||
| Q2 24 | $8.2B | $1.7B | ||
| Q1 24 | $7.8B | $1.1B |
净利润CBRECOMP
| Q4 25 | $416.0M | $-42.6M | ||
| Q3 25 | $363.0M | $-4.6M | ||
| Q2 25 | $215.0M | $39.4M | ||
| Q1 25 | $163.0M | $-50.7M | ||
| Q4 24 | $487.0M | $-40.5M | ||
| Q3 24 | $225.0M | $-1.7M | ||
| Q2 24 | $130.0M | $20.7M | ||
| Q1 24 | $126.0M | $-132.9M |
毛利率CBRECOMP
| 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CBRECOMP
| Q4 25 | 5.4% | -2.5% | ||
| Q3 25 | 4.8% | -0.4% | ||
| Q2 25 | 3.9% | 1.9% | ||
| Q1 25 | 3.1% | -4.0% | ||
| Q4 24 | 5.8% | -2.9% | ||
| Q3 24 | 4.2% | -0.2% | ||
| Q2 24 | 3.0% | 1.3% | ||
| Q1 24 | 2.6% | -12.5% |
净利率CBRECOMP
| Q4 25 | 3.6% | -2.5% | ||
| Q3 25 | 3.6% | -0.2% | ||
| Q2 25 | 2.2% | 1.9% | ||
| Q1 25 | 1.9% | -3.7% | ||
| Q4 24 | 4.8% | -2.9% | ||
| Q3 24 | 2.5% | -0.1% | ||
| Q2 24 | 1.6% | 1.2% | ||
| Q1 24 | 1.6% | -12.6% |
每股收益（稀释后）CBRECOMP
| Q4 25 | $1.38 | $-0.07 | ||
| Q3 25 | $1.21 | $-0.01 | ||
| Q2 25 | $0.72 | $0.07 | ||
| Q1 25 | $0.54 | $-0.09 | ||
| Q4 24 | $1.58 | $-0.08 | ||
| Q3 24 | $0.73 | $0.00 | ||
| Q2 24 | $0.42 | $0.04 | ||
| Q1 24 | $0.41 | $-0.27 |
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 | $1.9B | $199.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.9B | $782.0M |
| 总资产 | $30.9B | $1.5B |
| 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CBRECOMP
| Q4 25 | $1.9B | $199.0M | ||
| Q3 25 | $1.7B | $170.3M | ||
| Q2 25 | $1.4B | $177.3M | ||
| Q1 25 | $1.4B | $127.0M | ||
| Q4 24 | $1.1B | $223.8M | ||
| Q3 24 | $1.0B | $211.2M | ||
| Q2 24 | $928.0M | $185.8M | ||
| Q1 24 | $1.0B | $165.9M |
股东权益CBRECOMP
| Q4 25 | $8.9B | $782.0M | ||
| Q3 25 | $8.5B | $773.3M | ||
| Q2 25 | $8.3B | $719.9M | ||
| Q1 25 | $8.3B | $635.0M | ||
| Q4 24 | $8.4B | $409.4M | ||
| Q3 24 | $8.7B | $428.0M | ||
| Q2 24 | $8.4B | $398.4M | ||
| Q1 24 | $8.3B | $330.3M |
总资产CBRECOMP
| Q4 25 | $30.9B | $1.5B | ||
| Q3 25 | $28.6B | $1.6B | ||
| Q2 25 | $27.7B | $1.6B | ||
| Q1 25 | $26.4B | $1.5B | ||
| Q4 24 | $24.4B | $1.2B | ||
| Q3 24 | $24.8B | $1.2B | ||
| Q2 24 | $23.5B | $1.2B | ||
| Q1 24 | $23.0B | $1.1B |
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 | $1.2B | $45.3M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $42.2M |
| 自由现金流率自由现金流/营收 | 9.4% | 2.5% |
| 资本支出强度资本支出/营收 | 1.3% | 0.2% |
| 现金转化率经营现金流/净利润 | 2.94× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $203.3M |
8季度趋势，按日历期对齐
经营现金流CBRECOMP
| Q4 25 | $1.2B | $45.3M | ||
| Q3 25 | $827.0M | $75.5M | ||
| Q2 25 | $57.0M | $72.8M | ||
| Q1 25 | $-546.0M | $23.1M | ||
| Q4 24 | $1.3B | $30.5M | ||
| Q3 24 | $573.0M | $37.4M | ||
| Q2 24 | $287.0M | $45.0M | ||
| Q1 24 | $-492.0M | $8.6M |
自由现金流CBRECOMP
| Q4 25 | $1.1B | $42.2M | ||
| Q3 25 | $743.0M | $73.6M | ||
| Q2 25 | $-17.0M | $68.0M | ||
| Q1 25 | $-610.0M | $19.5M | ||
| Q4 24 | $1.2B | $26.7M | ||
| Q3 24 | $494.0M | $32.8M | ||
| Q2 24 | $220.0M | $40.4M | ||
| Q1 24 | $-560.0M | $5.9M |
自由现金流率CBRECOMP
| Q4 25 | 9.4% | 2.5% | ||
| Q3 25 | 7.4% | 4.0% | ||
| Q2 25 | -0.2% | 3.3% | ||
| Q1 25 | -7.0% | 1.4% | ||
| Q4 24 | 12.2% | 1.9% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 2.7% | 2.4% | ||
| Q1 24 | -7.2% | 0.6% |
资本支出强度CBRECOMP
| Q4 25 | 1.3% | 0.2% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 0.8% | 0.2% | ||
| Q1 25 | 0.7% | 0.3% | ||
| Q4 24 | 0.9% | 0.3% | ||
| Q3 24 | 0.9% | 0.3% | ||
| Q2 24 | 0.8% | 0.3% | ||
| Q1 24 | 0.9% | 0.3% |
现金转化率CBRECOMP
| Q4 25 | 2.94× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 0.27× | 1.85× | ||
| Q1 25 | -3.35× | — | ||
| Q4 24 | 2.75× | — | ||
| Q3 24 | 2.55× | — | ||
| Q2 24 | 2.21× | 2.17× | ||
| 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
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% |
COMP
暂无分部数据
