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Compass, Inc.（COMP）与eXp World Holdings, Inc.（EXPI）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eXp World Holdings, Inc.的1.4倍（$1.7B vs $1.2B）。eXp World Holdings, Inc.净利率更高（-1.1% vs -2.5%，领先1.4%）。Compass, Inc.同比增速更快（23.1% vs 8.5%）。Compass, Inc.自由现金流更多（$42.2M vs $11.9M）。过去两年Compass, Inc.的营收复合增速更高（27.0% vs 12.4%）
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。
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
COMP vs EXPI — 直观对比
营收规模更大
COMP
是对方的1.4倍
$1.2B
营收增速更快
COMP
高出14.6%
8.5%
净利率更高
EXPI
高出1.4%
-2.5%
自由现金流更多
COMP
多$30.3M
$11.9M
两年增速更快
COMP
近两年复合增速
12.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.2B |
| 净利润 | $-42.6M | $-12.9M |
| 毛利率 | — | — |
| 营业利润率 | -2.5% | -1.1% |
| 净利率 | -2.5% | -1.1% |
| 营收同比 | 23.1% | 8.5% |
| 净利润同比 | -5.2% | -35.7% |
| 每股收益（稀释后） | $-0.07 | $-0.08 |
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COMPEXPI
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $1.4B | $954.9M | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.1B | $943.1M |
净利润COMPEXPI
| Q4 25 | $-42.6M | $-12.9M | ||
| Q3 25 | $-4.6M | $3.5M | ||
| Q2 25 | $39.4M | $-2.3M | ||
| Q1 25 | $-50.7M | $-11.0M | ||
| Q4 24 | $-40.5M | $-9.5M | ||
| Q3 24 | $-1.7M | $-8.5M | ||
| Q2 24 | $20.7M | $12.4M | ||
| Q1 24 | $-132.9M | $-15.6M |
毛利率COMPEXPI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 99.9% | ||
| Q2 24 | — | 99.9% | ||
| Q1 24 | — | — |
营业利润率COMPEXPI
| Q4 25 | -2.5% | -1.1% | ||
| Q3 25 | -0.4% | 0.3% | ||
| Q2 25 | 1.9% | -0.2% | ||
| Q1 25 | -4.0% | -1.1% | ||
| Q4 24 | -2.9% | -1.0% | ||
| Q3 24 | -0.2% | -0.7% | ||
| Q2 24 | 1.3% | 1.4% | ||
| Q1 24 | -12.5% | -1.9% |
净利率COMPEXPI
| Q4 25 | -2.5% | -1.1% | ||
| Q3 25 | -0.2% | 0.3% | ||
| Q2 25 | 1.9% | -0.2% | ||
| Q1 25 | -3.7% | -1.2% | ||
| Q4 24 | -2.9% | -0.9% | ||
| Q3 24 | -0.1% | -0.7% | ||
| Q2 24 | 1.2% | 1.0% | ||
| Q1 24 | -12.6% | -1.7% |
每股收益（稀释后）COMPEXPI
| Q4 25 | $-0.07 | $-0.08 | ||
| Q3 25 | $-0.01 | $0.02 | ||
| Q2 25 | $0.07 | $-0.01 | ||
| Q1 25 | $-0.09 | $-0.07 | ||
| Q4 24 | $-0.08 | $-0.06 | ||
| Q3 24 | $0.00 | $-0.06 | ||
| Q2 24 | $0.04 | $0.08 | ||
| Q1 24 | $-0.27 | $-0.10 |
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 | $124.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $782.0M | $242.8M |
| 总资产 | $1.5B | $442.5M |
| 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COMPEXPI
| Q4 25 | $199.0M | $124.2M | ||
| Q3 25 | $170.3M | $112.8M | ||
| Q2 25 | $177.3M | $94.6M | ||
| Q1 25 | $127.0M | $115.7M | ||
| Q4 24 | $223.8M | $113.6M | ||
| Q3 24 | $211.2M | $130.4M | ||
| Q2 24 | $185.8M | $108.4M | ||
| Q1 24 | $165.9M | $109.2M |
股东权益COMPEXPI
| Q4 25 | $782.0M | $242.8M | ||
| Q3 25 | $773.3M | $235.3M | ||
| Q2 25 | $719.9M | $218.4M | ||
| Q1 25 | $635.0M | $212.0M | ||
| Q4 24 | $409.4M | $204.9M | ||
| Q3 24 | $428.0M | $211.1M | ||
| Q2 24 | $398.4M | $220.3M | ||
| Q1 24 | $330.3M | $222.4M |
总资产COMPEXPI
| Q4 25 | $1.5B | $442.5M | ||
| Q3 25 | $1.6B | $458.7M | ||
| Q2 25 | $1.6B | $481.2M | ||
| Q1 25 | $1.5B | $435.8M | ||
| Q4 24 | $1.2B | $390.7M | ||
| Q3 24 | $1.2B | $432.6M | ||
| Q2 24 | $1.2B | $457.4M | ||
| Q1 24 | $1.1B | $426.7M |
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 | $13.8M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $11.9M |
| 自由现金流率自由现金流/营收 | 2.5% | 1.0% |
| 资本支出强度资本支出/营收 | 0.2% | 0.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $203.3M | $109.0M |
8季度趋势，按日历期对齐
经营现金流COMPEXPI
| Q4 25 | $45.3M | $13.8M | ||
| Q3 25 | $75.5M | $28.9M | ||
| Q2 25 | $72.8M | $36.1M | ||
| Q1 25 | $23.1M | $39.8M | ||
| Q4 24 | $30.5M | $13.7M | ||
| Q3 24 | $37.4M | $46.0M | ||
| Q2 24 | $45.0M | $71.1M | ||
| Q1 24 | $8.6M | $60.7M |
自由现金流COMPEXPI
| Q4 25 | $42.2M | $11.9M | ||
| Q3 25 | $73.6M | $26.6M | ||
| Q2 25 | $68.0M | $33.3M | ||
| Q1 25 | $19.5M | $37.3M | ||
| Q4 24 | $26.7M | $11.6M | ||
| Q3 24 | $32.8M | $44.4M | ||
| Q2 24 | $40.4M | $69.7M | ||
| Q1 24 | $5.9M | $59.3M |
自由现金流率COMPEXPI
| Q4 25 | 2.5% | 1.0% | ||
| Q3 25 | 4.0% | 2.0% | ||
| Q2 25 | 3.3% | 2.5% | ||
| Q1 25 | 1.4% | 3.9% | ||
| Q4 24 | 1.9% | 1.1% | ||
| Q3 24 | 2.2% | 3.6% | ||
| Q2 24 | 2.4% | 5.4% | ||
| Q1 24 | 0.6% | 6.3% |
资本支出强度COMPEXPI
| Q4 25 | 0.2% | 0.2% | ||
| Q3 25 | 0.1% | 0.2% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.3% | 0.3% | ||
| Q4 24 | 0.3% | 0.2% | ||
| Q3 24 | 0.3% | 0.1% | ||
| Q2 24 | 0.3% | 0.1% | ||
| Q1 24 | 0.3% | 0.1% |
现金转化率COMPEXPI
| Q4 25 | — | — | ||
| Q3 25 | — | 8.26× | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.17× | 5.75× | ||
| Q1 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
COMP
暂无分部数据
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
