vs
Compass, Inc.（COMP）与Graham Holdings Co（GHC）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Graham Holdings Co的1.4倍（$1.7B vs $1.3B），Graham Holdings Co净利率更高（8.7% vs -2.5%，领先11.2%），Compass, Inc.同比增速更快（23.1% vs 0.4%），Compass, Inc.自由现金流更多（$42.2M vs $5.0M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 4.2%）
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。
Graham Holdings是一家总部位于美国弗吉尼亚州阿灵顿县、在特拉华州注册的多元化综合控股集团，曾持有知名媒体《华盛顿邮报》与《新闻周刊》的所有权，旗下业务覆盖多个领域，在北美市场拥有深厚的行业运营积淀。
COMP vs GHC — 直观对比
营收规模更大
COMP
是对方的1.4倍
$1.3B
营收增速更快
COMP
高出22.7%
0.4%
净利率更高
GHC
高出11.2%
-2.5%
自由现金流更多
COMP
多$37.2M
$5.0M
两年增速更快
COMP
近两年复合增速
4.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.3B |
| 净利润 | $-42.6M | $108.7M |
| 毛利率 | — | — |
| 营业利润率 | -2.5% | 3.8% |
| 净利率 | -2.5% | 8.7% |
| 营收同比 | 23.1% | 0.4% |
| 净利润同比 | -5.2% | -80.2% |
| 每股收益（稀释后） | $-0.07 | $24.76 |
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COMPGHC
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润COMPGHC
| Q4 25 | $-42.6M | $108.7M | ||
| Q3 25 | $-4.6M | $122.9M | ||
| Q2 25 | $39.4M | $36.7M | ||
| Q1 25 | $-50.7M | $23.9M | ||
| Q4 24 | $-40.5M | $548.8M | ||
| Q3 24 | $-1.7M | $72.5M | ||
| Q2 24 | $20.7M | $-21.0M | ||
| Q1 24 | $-132.9M | $124.4M |
营业利润率COMPGHC
| Q4 25 | -2.5% | 3.8% | ||
| Q3 25 | -0.4% | 5.2% | ||
| Q2 25 | 1.9% | 6.0% | ||
| Q1 25 | -4.0% | 4.1% | ||
| Q4 24 | -2.9% | 5.8% | ||
| Q3 24 | -0.2% | 6.8% | ||
| Q2 24 | 1.3% | 2.2% | ||
| Q1 24 | -12.5% | 3.1% |
净利率COMPGHC
| Q4 25 | -2.5% | 8.7% | ||
| Q3 25 | -0.2% | 9.6% | ||
| Q2 25 | 1.9% | 3.0% | ||
| Q1 25 | -3.7% | 2.0% | ||
| Q4 24 | -2.9% | 44.1% | ||
| Q3 24 | -0.1% | 6.0% | ||
| Q2 24 | 1.2% | -1.8% | ||
| Q1 24 | -12.6% | 10.8% |
每股收益（稀释后）COMPGHC
| Q4 25 | $-0.07 | $24.76 | ||
| Q3 25 | $-0.01 | $27.91 | ||
| Q2 25 | $0.07 | $8.35 | ||
| Q1 25 | $-0.09 | $5.45 | ||
| Q4 24 | $-0.08 | $124.05 | ||
| Q3 24 | $0.00 | $16.42 | ||
| Q2 24 | $0.04 | $-4.79 | ||
| Q1 24 | $-0.27 | $27.72 |
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 | $267.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $782.0M | $4.8B |
| 总资产 | $1.5B | $8.4B |
| 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COMPGHC
| Q4 25 | $199.0M | $267.0M | ||
| Q3 25 | $170.3M | $190.8M | ||
| Q2 25 | $177.3M | $176.2M | ||
| Q1 25 | $127.0M | $156.7M | ||
| Q4 24 | $223.8M | $260.9M | ||
| Q3 24 | $211.2M | $244.4M | ||
| Q2 24 | $185.8M | $140.7M | ||
| Q1 24 | $165.9M | $130.9M |
股东权益COMPGHC
| Q4 25 | $782.0M | $4.8B | ||
| Q3 25 | $773.3M | $4.5B | ||
| Q2 25 | $719.9M | $4.4B | ||
| Q1 25 | $635.0M | $4.3B | ||
| Q4 24 | $409.4M | $4.3B | ||
| Q3 24 | $428.0M | $4.0B | ||
| Q2 24 | $398.4M | $4.0B | ||
| Q1 24 | $330.3M | $4.0B |
总资产COMPGHC
| Q4 25 | $1.5B | $8.4B | ||
| Q3 25 | $1.6B | $7.9B | ||
| Q2 25 | $1.6B | $7.6B | ||
| Q1 25 | $1.5B | $7.6B | ||
| Q4 24 | $1.2B | $7.7B | ||
| Q3 24 | $1.2B | $7.4B | ||
| Q2 24 | $1.2B | $7.2B | ||
| Q1 24 | $1.1B | $7.3B |
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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $5.0M |
| 自由现金流率自由现金流/营收 | 2.5% | 0.4% |
| 资本支出强度资本支出/营收 | 0.2% | 1.9% |
| 现金转化率经营现金流/净利润 | — | 0.26× |
| 过去12个月自由现金流最近4个季度 | $203.3M | $275.3M |
8季度趋势，按日历期对齐
经营现金流COMPGHC
| Q4 25 | $45.3M | $28.3M | ||
| Q3 25 | $75.5M | $178.1M | ||
| Q2 25 | $72.8M | $94.8M | ||
| Q1 25 | $23.1M | $46.0M | ||
| Q4 24 | $30.5M | $116.3M | ||
| Q3 24 | $37.4M | $237.6M | ||
| Q2 24 | $45.0M | $52.0M | ||
| Q1 24 | $8.6M | $1.1M |
自由现金流COMPGHC
| Q4 25 | $42.2M | $5.0M | ||
| Q3 25 | $73.6M | $161.8M | ||
| Q2 25 | $68.0M | $78.0M | ||
| Q1 25 | $19.5M | $30.5M | ||
| Q4 24 | $26.7M | $91.1M | ||
| Q3 24 | $32.8M | $219.4M | ||
| Q2 24 | $40.4M | $33.7M | ||
| Q1 24 | $5.9M | $-20.2M |
自由现金流率COMPGHC
| Q4 25 | 2.5% | 0.4% | ||
| Q3 25 | 4.0% | 12.6% | ||
| Q2 25 | 3.3% | 6.4% | ||
| Q1 25 | 1.4% | 2.6% | ||
| Q4 24 | 1.9% | 7.3% | ||
| Q3 24 | 2.2% | 18.2% | ||
| Q2 24 | 2.4% | 2.8% | ||
| Q1 24 | 0.6% | -1.8% |
资本支出强度COMPGHC
| Q4 25 | 0.2% | 1.9% | ||
| Q3 25 | 0.1% | 1.3% | ||
| Q2 25 | 0.2% | 1.4% | ||
| Q1 25 | 0.3% | 1.3% | ||
| Q4 24 | 0.3% | 2.0% | ||
| Q3 24 | 0.3% | 1.5% | ||
| Q2 24 | 0.3% | 1.5% | ||
| Q1 24 | 0.3% | 1.8% |
现金转化率COMPGHC
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | 1.85× | 2.58× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 3.28× | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | — | 0.01× |
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
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
