vs
Cohen & Co Inc.（COHN）与Jefferies Financial Group Inc.（JEF）财务数据对比。点击上方公司名可切换其他公司
Jefferies Financial Group Inc.的季度营收约是Cohen & Co Inc.的16.3倍（$1.7B vs $102.7M）。Jefferies Financial Group Inc.自由现金流更多（$1.9B vs $-2.5M）
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。
杰富瑞金融集团是总部位于美国纽约的金融服务企业，在纽约证券交易所挂牌上市，同时位列财富1000强榜单，为全球客户提供专业的金融相关服务。
COHN vs JEF — 直观对比
营收规模更大
JEF
是对方的16.3倍
$102.7M
自由现金流更多
JEF
多$1.9B
$-2.5M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $102.7M | $1.7B |
| 净利润 | — | $211.3M |
| 毛利率 | — | 95.7% |
| 营业利润率 | 29.2% | 15.2% |
| 净利率 | — | 12.6% |
| 营收同比 | 454.1% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.77 | $0.85 |
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COHNJEF
| Q4 25 | $102.7M | $1.7B | ||
| Q3 25 | $84.2M | $1.5B | ||
| Q2 25 | $59.9M | $1.2B | ||
| Q1 25 | $28.7M | $1.1B | ||
| Q4 24 | $18.5M | — | ||
| Q3 24 | $31.7M | $1.2B | ||
| Q2 24 | $10.8M | $1.0B | ||
| Q1 24 | $18.6M | $971.2M |
净利润COHNJEF
| Q4 25 | — | $211.3M | ||
| Q3 25 | $4.6M | $242.5M | ||
| Q2 25 | $1.4M | $91.4M | ||
| Q1 25 | $329.0K | $136.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.1M | $181.0M | ||
| Q2 24 | $-2.3M | $154.7M | ||
| Q1 24 | $2.0M | $156.4M |
毛利率COHNJEF
| Q4 25 | — | 95.7% | ||
| Q3 25 | — | 97.7% | ||
| Q2 25 | — | 96.5% | ||
| Q1 25 | — | 96.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 96.9% | ||
| Q2 24 | — | 96.4% | ||
| Q1 24 | — | 96.4% |
营业利润率COHNJEF
| Q4 25 | 29.2% | 15.2% | ||
| Q3 25 | 25.8% | 22.1% | ||
| Q2 25 | 12.5% | 11.0% | ||
| Q1 25 | 0.4% | 13.2% | ||
| Q4 24 | -29.7% | — | ||
| Q3 24 | 22.8% | 20.7% | ||
| Q2 24 | -59.0% | 22.0% | ||
| Q1 24 | -18.2% | 22.7% |
净利率COHNJEF
| Q4 25 | — | 12.6% | ||
| Q3 25 | 5.5% | 16.1% | ||
| Q2 25 | 2.4% | 7.4% | ||
| Q1 25 | 1.1% | 12.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.8% | 14.8% | ||
| Q2 24 | -21.8% | 14.9% | ||
| Q1 24 | 10.9% | 16.1% |
每股收益（稀释后）COHNJEF
| Q4 25 | $0.77 | $0.85 | ||
| Q3 25 | $2.58 | $1.01 | ||
| Q2 25 | $0.81 | $0.40 | ||
| Q1 25 | $0.19 | $0.57 | ||
| Q4 24 | $-1.20 | — | ||
| Q3 24 | $1.31 | $0.75 | ||
| Q2 24 | $-1.47 | $0.64 | ||
| Q1 24 | $1.28 | $0.66 |
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 | $14.0B |
| 总债务越低越好 | $32.9M | $15.9B |
| 股东权益账面价值 | $51.1M | $10.6B |
| 总资产 | $700.6M | $76.0B |
| 负债/权益比越低杠杆越低 | 0.64× | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资COHNJEF
| Q4 25 | $56.8M | $14.0B | ||
| Q3 25 | $54.7M | $11.5B | ||
| Q2 25 | $26.0M | $11.3B | ||
| Q1 25 | $14.0M | $11.2B | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $14.3M | $10.6B | ||
| Q2 24 | $9.6M | $10.8B | ||
| Q1 24 | $11.8M | $7.6B |
总债务COHNJEF
| Q4 25 | $32.9M | $15.9B | ||
| Q3 25 | $32.7M | $16.0B | ||
| Q2 25 | $32.6M | $15.4B | ||
| Q1 25 | $35.0M | $14.8B | ||
| Q4 24 | $34.9M | — | ||
| Q3 24 | $34.9M | $12.9B | ||
| Q2 24 | $29.7M | $12.7B | ||
| Q1 24 | $29.7M | $9.9B |
股东权益COHNJEF
| Q4 25 | $51.1M | $10.6B | ||
| Q3 25 | $47.8M | $10.4B | ||
| Q2 25 | $43.4M | $10.3B | ||
| Q1 25 | $42.0M | $10.2B | ||
| Q4 24 | $41.7M | — | ||
| Q3 24 | $43.8M | $10.0B | ||
| Q2 24 | $41.7M | $9.9B | ||
| Q1 24 | $43.8M | $9.8B |
总资产COHNJEF
| Q4 25 | $700.6M | $76.0B | ||
| Q3 25 | $773.9M | $69.3B | ||
| Q2 25 | $1.1B | $67.3B | ||
| Q1 25 | $978.0M | $70.2B | ||
| Q4 24 | $971.1M | — | ||
| Q3 24 | $818.0M | $63.3B | ||
| Q2 24 | $826.0M | $63.0B | ||
| Q1 24 | $1.1B | $60.9B |
负债/权益比COHNJEF
| Q4 25 | 0.64× | 1.50× | ||
| Q3 25 | 0.68× | 1.53× | ||
| Q2 25 | 0.75× | 1.49× | ||
| Q1 25 | 0.83× | 1.45× | ||
| Q4 24 | 0.84× | — | ||
| Q3 24 | 0.80× | 1.29× | ||
| Q2 24 | 0.71× | 1.28× | ||
| Q1 24 | 0.68× | 1.01× |
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 | $2.0B |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $1.9B |
| 自由现金流率自由现金流/营收 | -2.4% | 114.2% |
| 资本支出强度资本支出/营收 | 0.4% | 3.4% |
| 现金转化率经营现金流/净利润 | — | 9.30× |
| 过去12个月自由现金流最近4个季度 | $26.1M | $-1.7B |
8季度趋势，按日历期对齐
经营现金流COHNJEF
| Q4 25 | $-2.1M | $2.0B | ||
| Q3 25 | $22.4M | $184.2M | ||
| Q2 25 | $13.3M | $-978.3M | ||
| Q1 25 | $-6.4M | $-2.7B | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $4.1M | — | ||
| Q2 24 | $-4.2M | — | ||
| Q1 24 | $5.1M | $-1.3B |
自由现金流COHNJEF
| Q4 25 | $-2.5M | $1.9B | ||
| Q3 25 | $22.2M | $126.0M | ||
| Q2 25 | $12.9M | $-1.0B | ||
| Q1 25 | $-6.5M | $-2.7B | ||
| Q4 24 | $4.0M | — | ||
| Q3 24 | $3.8M | — | ||
| Q2 24 | $-4.6M | — | ||
| Q1 24 | $5.0M | $-1.4B |
自由现金流率COHNJEF
| Q4 25 | -2.4% | 114.2% | ||
| Q3 25 | 26.3% | 8.4% | ||
| Q2 25 | 21.6% | -83.3% | ||
| Q1 25 | -22.7% | -237.2% | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | -42.4% | — | ||
| Q1 24 | 27.1% | -139.4% |
资本支出强度COHNJEF
| Q4 25 | 0.4% | 3.4% | ||
| Q3 25 | 0.3% | 3.9% | ||
| Q2 25 | 0.7% | 3.6% | ||
| Q1 25 | 0.5% | 4.3% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 0.5% | 9.9% |
现金转化率COHNJEF
| Q4 25 | — | 9.30× | ||
| Q3 25 | 4.88× | 0.76× | ||
| Q2 25 | 9.48× | -10.70× | ||
| Q1 25 | -19.37× | -19.48× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.91× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.54× | -8.04× |
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% |
JEF
| Investment Banking Underwriting | $555.6M | 33% |
| Principal Transactions Revenue | $378.3M | 23% |
| Commissions And Other Fees | $356.0M | 21% |
| Other | $177.8M | 11% |
| Internet Connection And Boadband Revenue | $57.0M | 3% |
| Other Sources Of Revenue Miscellaneous | $53.3M | 3% |
| Real Estate | $50.7M | 3% |
| Strategic Affiliates Revenue | $13.8M | 1% |
| Asset Management1 | $12.1M | 1% |
| Fixed Income Services | $1.6M | 0% |
