vs
Cohen & Co Inc.（COHN）与Freedom Holding Corp.（FRHC）财务数据对比。点击上方公司名可切换其他公司
Freedom Holding Corp.的季度营收约是Cohen & Co Inc.的6.1倍（$628.6M vs $102.7M）。Cohen & Co Inc.同比增速更快（454.1% vs -4.1%）。Freedom Holding Corp.自由现金流更多（$651.7M vs $-2.5M）。过去两年Cohen & Co Inc.的营收复合增速更高（135.3% vs 16.3%）
科恩父子公司是一家总部位于伦敦商业路的废金属贸易商，由乔治·亨利·科恩于1834年创立，最初名为乔治·科恩公司，1883年创始人之子迈克尔·科恩入职后更名为现名。一战结束后，公司拿下多份大型合同，负责处理包括40万吨烈性炸药及炮弹在内的剩余军火。
Freedom Holding Corp.是在美国内华达州注册的投资集团，业务覆盖零售证券经纪交易、资产管理、资本市场服务、投研咨询、投行承销、抵押贷款、保险、银行及其他消费金融服务，核心布局美股、欧洲及以哈萨克斯坦为核心的中亚市场。
COHN vs FRHC — 直观对比
营收规模更大
FRHC
是对方的6.1倍
$102.7M
营收增速更快
COHN
高出458.2%
-4.1%
自由现金流更多
FRHC
多$654.2M
$-2.5M
两年增速更快
COHN
近两年复合增速
16.3%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $102.7M | $628.6M |
| 净利润 | — | $76.2M |
| 毛利率 | — | 96.0% |
| 营业利润率 | 29.2% | 14.9% |
| 净利率 | — | 12.1% |
| 营收同比 | 454.1% | -4.1% |
| 净利润同比 | — | -2.6% |
| 每股收益（稀释后） | $0.77 | $1.25 |
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COHNFRHC
| Q4 25 | $102.7M | $628.6M | ||
| Q3 25 | $84.2M | $526.1M | ||
| Q2 25 | $59.9M | $533.4M | ||
| Q1 25 | $28.7M | $363.7M | ||
| Q4 24 | $18.5M | $655.2M | ||
| Q3 24 | $31.7M | $580.9M | ||
| Q2 24 | $10.8M | $450.7M | ||
| Q1 24 | $18.6M | $464.7M |
净利润COHNFRHC
| Q4 25 | — | $76.2M | ||
| Q3 25 | $4.6M | $38.7M | ||
| Q2 25 | $1.4M | $30.4M | ||
| Q1 25 | $329.0K | $-142.7M | ||
| Q4 24 | — | $78.3M | ||
| Q3 24 | $2.1M | $114.7M | ||
| Q2 24 | $-2.3M | $34.4M | ||
| Q1 24 | $2.0M | $95.2M |
毛利率COHNFRHC
| Q4 25 | — | 96.0% | ||
| Q3 25 | — | 97.1% | ||
| Q2 25 | — | 97.4% | ||
| Q1 25 | — | 96.6% | ||
| Q4 24 | — | 98.6% | ||
| Q3 24 | — | 99.1% | ||
| Q2 24 | — | 99.0% | ||
| Q1 24 | — | — |
营业利润率COHNFRHC
| Q4 25 | 29.2% | 14.9% | ||
| Q3 25 | 25.8% | 11.5% | ||
| Q2 25 | 12.5% | 7.6% | ||
| Q1 25 | 0.4% | -42.7% | ||
| Q4 24 | -29.7% | 15.0% | ||
| Q3 24 | 22.8% | 22.1% | ||
| Q2 24 | -59.0% | 9.2% | ||
| Q1 24 | -18.2% | 22.5% |
净利率COHNFRHC
| Q4 25 | — | 12.1% | ||
| Q3 25 | 5.5% | 7.4% | ||
| Q2 25 | 2.4% | 5.7% | ||
| Q1 25 | 1.1% | -39.2% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | 6.8% | 19.7% | ||
| Q2 24 | -21.8% | 7.6% | ||
| Q1 24 | 10.9% | 20.5% |
每股收益（稀释后）COHNFRHC
| Q4 25 | $0.77 | $1.25 | ||
| Q3 25 | $2.58 | $0.63 | ||
| Q2 25 | $0.81 | $0.50 | ||
| Q1 25 | $0.19 | $-2.35 | ||
| Q4 24 | $-1.20 | $1.29 | ||
| Q3 24 | $1.31 | $1.89 | ||
| Q2 24 | $-1.47 | $0.57 | ||
| Q1 24 | $1.28 | $1.60 |
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 | $56.8M | $869.2M |
| 总债务越低越好 | $32.9M | — |
| 股东权益账面价值 | $51.1M | $1.4B |
| 总资产 | $700.6M | $12.4B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资COHNFRHC
| Q4 25 | $56.8M | $869.2M | ||
| Q3 25 | $54.7M | $636.0M | ||
| Q2 25 | $26.0M | $567.9M | ||
| Q1 25 | $14.0M | $837.3M | ||
| Q4 24 | $19.6M | $577.9M | ||
| Q3 24 | $14.3M | $569.2M | ||
| Q2 24 | $9.6M | $718.7M | ||
| Q1 24 | $11.8M | $545.1M |
总债务COHNFRHC
| Q4 25 | $32.9M | — | ||
| Q3 25 | $32.7M | — | ||
| Q2 25 | $32.6M | — | ||
| Q1 25 | $35.0M | — | ||
| Q4 24 | $34.9M | — | ||
| Q3 24 | $34.9M | — | ||
| Q2 24 | $29.7M | — | ||
| Q1 24 | $29.7M | — |
股东权益COHNFRHC
| Q4 25 | $51.1M | $1.4B | ||
| Q3 25 | $47.8M | $1.2B | ||
| Q2 25 | $43.4M | $1.2B | ||
| Q1 25 | $42.0M | $1.2B | ||
| Q4 24 | $41.7M | $1.3B | ||
| Q3 24 | $43.8M | $1.3B | ||
| Q2 24 | $41.7M | $1.1B | ||
| Q1 24 | $43.8M | $1.2B |
总资产COHNFRHC
| Q4 25 | $700.6M | $12.4B | ||
| Q3 25 | $773.9M | $10.3B | ||
| Q2 25 | $1.1B | $9.7B | ||
| Q1 25 | $978.0M | $9.9B | ||
| Q4 24 | $971.1M | $9.1B | ||
| Q3 24 | $818.0M | $8.8B | ||
| Q2 24 | $826.0M | $8.5B | ||
| Q1 24 | $1.1B | $8.3B |
负债/权益比COHNFRHC
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.84× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.68× | — |
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 | $-2.1M | $717.8M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $651.7M |
| 自由现金流率自由现金流/营收 | -2.4% | 103.7% |
| 资本支出强度资本支出/营收 | 0.4% | 10.5% |
| 现金转化率经营现金流/净利润 | — | 9.42× |
| 过去12个月自由现金流最近4个季度 | $26.1M | — |
8季度趋势，按日历期对齐
经营现金流COHNFRHC
| Q4 25 | $-2.1M | $717.8M | ||
| Q3 25 | $22.4M | $535.3M | ||
| Q2 25 | $13.3M | $480.8M | ||
| Q1 25 | $-6.4M | $1.3B | ||
| Q4 24 | $4.4M | $-72.8M | ||
| Q3 24 | $4.1M | $-438.0M | ||
| Q2 24 | $-4.2M | $854.1M | ||
| Q1 24 | $5.1M | $309.0M |
自由现金流COHNFRHC
| Q4 25 | $-2.5M | $651.7M | ||
| Q3 25 | $22.2M | $456.4M | ||
| Q2 25 | $12.9M | $450.0M | ||
| Q1 25 | $-6.5M | — | ||
| Q4 24 | $4.0M | $-92.7M | ||
| Q3 24 | $3.8M | $-447.5M | ||
| Q2 24 | $-4.6M | $829.9M | ||
| Q1 24 | $5.0M | — |
自由现金流率COHNFRHC
| Q4 25 | -2.4% | 103.7% | ||
| Q3 25 | 26.3% | 86.7% | ||
| Q2 25 | 21.6% | 84.4% | ||
| Q1 25 | -22.7% | — | ||
| Q4 24 | 21.4% | -14.1% | ||
| Q3 24 | 12.0% | -77.0% | ||
| Q2 24 | -42.4% | 184.1% | ||
| Q1 24 | 27.1% | — |
资本支出强度COHNFRHC
| Q4 25 | 0.4% | 10.5% | ||
| Q3 25 | 0.3% | 15.0% | ||
| Q2 25 | 0.7% | 5.8% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 2.5% | 3.0% | ||
| Q3 24 | 1.0% | 1.6% | ||
| Q2 24 | 3.5% | 5.4% | ||
| Q1 24 | 0.5% | — |
现金转化率COHNFRHC
| Q4 25 | — | 9.42× | ||
| Q3 25 | 4.88× | 13.82× | ||
| Q2 25 | 9.48× | 15.82× | ||
| Q1 25 | -19.37× | — | ||
| Q4 24 | — | -0.93× | ||
| Q3 24 | 1.91× | -3.82× | ||
| Q2 24 | — | 24.83× | ||
| Q1 24 | 2.54× | 3.24× |
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
COHN
| Capital Markets | $68.5M | 67% |
| Other | $25.7M | 25% |
| Gestational Repo Business | $5.6M | 5% |
| Asset Management Segment | $2.9M | 3% |
FRHC
暂无分部数据
