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Compass, Inc.（COMP）与达美乐（DPZ）财务数据对比。点击上方公司名可切换其他公司
Compass, Inc.的季度营收约是达美乐的1.5倍（$1.7B vs $1.2B），达美乐净利率更高（12.2% vs -2.5%，领先14.7%），Compass, Inc.同比增速更快（23.1% vs 3.5%），达美乐自由现金流更多（$147.0M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 2.4%）
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。
达美乐是1960年成立的美国跨国披萨连锁品牌，注册地位于特拉华州，总部坐落在密歇根州安娜堡附近的安娜堡镇达美乐农场办公园区。截至2018年，品牌已在全球83个国家和地区的5701座城市开设约15000家门店，其中美国、印度、英国分别有5649家、1500家和1249家门店。
COMP vs DPZ — 直观对比
营收规模更大
COMP
是对方的1.5倍
$1.2B
营收增速更快
COMP
高出19.7%
3.5%
净利率更高
DPZ
高出14.7%
-2.5%
自由现金流更多
DPZ
多$104.8M
$42.2M
两年增速更快
COMP
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.2B |
| 净利润 | $-42.6M | $139.8M |
| 毛利率 | — | 40.4% |
| 营业利润率 | -2.5% | 20.0% |
| 净利率 | -2.5% | 12.2% |
| 营收同比 | 23.1% | 3.5% |
| 净利润同比 | -5.2% | -6.6% |
| 每股收益（稀释后） | $-0.07 | $4.13 |
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COMPDPZ
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.7B | $1.1B |
净利润COMPDPZ
| Q1 26 | — | $139.8M | ||
| Q4 25 | $-42.6M | — | ||
| Q3 25 | $-4.6M | $139.3M | ||
| Q2 25 | $39.4M | $131.1M | ||
| Q1 25 | $-50.7M | $149.7M | ||
| Q4 24 | $-40.5M | $169.4M | ||
| Q3 24 | $-1.7M | $146.9M | ||
| Q2 24 | $20.7M | $142.0M |
毛利率COMPDPZ
| Q1 26 | — | 40.4% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 40.1% | ||
| Q2 25 | — | 40.3% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 39.2% | ||
| Q2 24 | — | 39.8% |
营业利润率COMPDPZ
| Q1 26 | — | 20.0% | ||
| Q4 25 | -2.5% | — | ||
| Q3 25 | -0.4% | 19.5% | ||
| Q2 25 | 1.9% | 19.7% | ||
| Q1 25 | -4.0% | 18.9% | ||
| Q4 24 | -2.9% | 19.0% | ||
| Q3 24 | -0.2% | 18.4% | ||
| Q2 24 | 1.3% | 17.9% |
净利率COMPDPZ
| Q1 26 | — | 12.2% | ||
| Q4 25 | -2.5% | — | ||
| Q3 25 | -0.2% | 12.1% | ||
| Q2 25 | 1.9% | 11.4% | ||
| Q1 25 | -3.7% | 13.5% | ||
| Q4 24 | -2.9% | 11.7% | ||
| Q3 24 | -0.1% | 13.6% | ||
| Q2 24 | 1.2% | 12.9% |
每股收益（稀释后）COMPDPZ
| Q1 26 | — | $4.13 | ||
| Q4 25 | $-0.07 | — | ||
| Q3 25 | $-0.01 | $4.08 | ||
| Q2 25 | $0.07 | $3.81 | ||
| Q1 25 | $-0.09 | $4.33 | ||
| Q4 24 | $-0.08 | $4.89 | ||
| Q3 24 | $0.00 | $4.19 | ||
| Q2 24 | $0.04 | $4.03 |
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 | $199.0M | $232.9M |
| 总债务越低越好 | — | $4.9B |
| 股东权益账面价值 | $782.0M | — |
| 总资产 | $1.5B | $1.8B |
| 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COMPDPZ
| Q1 26 | — | $232.9M | ||
| Q4 25 | $199.0M | — | ||
| Q3 25 | $170.3M | $139.7M | ||
| Q2 25 | $177.3M | $272.9M | ||
| Q1 25 | $127.0M | $304.3M | ||
| Q4 24 | $223.8M | $186.1M | ||
| Q3 24 | $211.2M | $189.1M | ||
| Q2 24 | $185.8M | $283.7M |
总债务COMPDPZ
| Q1 26 | — | $4.9B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $5.0B |
股东权益COMPDPZ
| Q1 26 | — | — | ||
| Q4 25 | $782.0M | — | ||
| Q3 25 | $773.3M | $-4.0B | ||
| Q2 25 | $719.9M | $-4.0B | ||
| Q1 25 | $635.0M | $-3.9B | ||
| Q4 24 | $409.4M | $-4.0B | ||
| Q3 24 | $428.0M | $-4.0B | ||
| Q2 24 | $398.4M | $-3.9B |
总资产COMPDPZ
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.6B | $1.8B | ||
| Q1 25 | $1.5B | $1.9B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.2B | $1.9B |
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 | $45.3M | $162.0M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $147.0M |
| 自由现金流率自由现金流/营收 | 2.5% | 12.8% |
| 资本支出强度资本支出/营收 | 0.2% | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.16× |
| 过去12个月自由现金流最近4个季度 | $203.3M | $625.3M |
8季度趋势，按日历期对齐
经营现金流COMPDPZ
| Q1 26 | — | $162.0M | ||
| Q4 25 | $45.3M | — | ||
| Q3 25 | $75.5M | $185.4M | ||
| Q2 25 | $72.8M | $187.8M | ||
| Q1 25 | $23.1M | $179.1M | ||
| Q4 24 | $30.5M | $178.0M | ||
| Q3 24 | $37.4M | $172.7M | ||
| Q2 24 | $45.0M | $150.7M |
自由现金流COMPDPZ
| Q1 26 | — | $147.0M | ||
| Q4 25 | $42.2M | — | ||
| Q3 25 | $73.6M | $164.0M | ||
| Q2 25 | $68.0M | $167.3M | ||
| Q1 25 | $19.5M | $164.3M | ||
| Q4 24 | $26.7M | $135.9M | ||
| Q3 24 | $32.8M | $145.6M | ||
| Q2 24 | $40.4M | $127.2M |
自由现金流率COMPDPZ
| Q1 26 | — | 12.8% | ||
| Q4 25 | 2.5% | — | ||
| Q3 25 | 4.0% | 14.3% | ||
| Q2 25 | 3.3% | 14.6% | ||
| Q1 25 | 1.4% | 14.8% | ||
| Q4 24 | 1.9% | 9.4% | ||
| Q3 24 | 2.2% | 13.5% | ||
| Q2 24 | 2.4% | 11.6% |
资本支出强度COMPDPZ
| Q1 26 | — | 1.3% | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.1% | 1.9% | ||
| Q2 25 | 0.2% | 1.8% | ||
| Q1 25 | 0.3% | 1.3% | ||
| Q4 24 | 0.3% | 2.9% | ||
| Q3 24 | 0.3% | 2.5% | ||
| Q2 24 | 0.3% | 2.1% |
现金转化率COMPDPZ
| Q1 26 | — | 1.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | 1.85× | 1.43× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.05× | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | 2.17× | 1.06× |
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
COMP
暂无分部数据
DPZ
| Supply chain | $699.0M | 61% |
| U.S. franchise royalties and fees | $158.0M | 14% |
| U.S. franchise advertising | $130.5M | 11% |
| U.S. Company-owned stores | $82.1M | 7% |
| International franchise royalties and fees | $81.0M | 7% |
