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Compass, Inc.（COMP）与RH（RH）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RH的1.9倍（$1.7B vs $883.8M），RH净利率更高（4.1% vs -2.5%，领先6.6%），Compass, Inc.同比增速更快（23.1% vs 8.9%），RH自由现金流更多（$83.0M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 9.4%）
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。
RH是美国高端家居品牌，总部位于加利福尼亚州科尔特马德拉。品牌通过线下零售门店、产品目录和线上渠道发售家居商品，截至2018年8月，在美国和加拿大共运营70家展示馆、18家全系列设计展示馆、3家婴童家居展示馆，另有36家奥莱门店。
COMP vs RH — 直观对比
营收规模更大
COMP
是对方的1.9倍
$883.8M
营收增速更快
COMP
高出14.3%
8.9%
净利率更高
RH
高出6.6%
-2.5%
自由现金流更多
RH
多$40.8M
$42.2M
两年增速更快
COMP
近两年复合增速
9.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $883.8M |
| 净利润 | $-42.6M | $36.3M |
| 毛利率 | — | 44.1% |
| 营业利润率 | -2.5% | 12.0% |
| 净利率 | -2.5% | 4.1% |
| 营收同比 | 23.1% | 8.9% |
| 净利润同比 | -5.2% | 9.3% |
| 每股收益（稀释后） | $-0.07 | $1.83 |
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COMPRH
| Q4 25 | $1.7B | $883.8M | ||
| Q3 25 | $1.8B | $899.2M | ||
| Q2 25 | $2.1B | $814.0M | ||
| Q1 25 | $1.4B | $812.4M | ||
| Q4 24 | $1.4B | $811.7M | ||
| Q3 24 | $1.5B | $829.7M | ||
| Q2 24 | $1.7B | $727.0M | ||
| Q1 24 | $1.1B | $738.3M |
净利润COMPRH
| Q4 25 | $-42.6M | $36.3M | ||
| Q3 25 | $-4.6M | $51.7M | ||
| Q2 25 | $39.4M | $8.0M | ||
| Q1 25 | $-50.7M | $13.9M | ||
| Q4 24 | $-40.5M | $33.2M | ||
| Q3 24 | $-1.7M | $29.0M | ||
| Q2 24 | $20.7M | $-3.6M | ||
| Q1 24 | $-132.9M | $11.4M |
毛利率COMPRH
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 43.5% |
营业利润率COMPRH
| Q4 25 | -2.5% | 12.0% | ||
| Q3 25 | -0.4% | 14.3% | ||
| Q2 25 | 1.9% | 6.9% | ||
| Q1 25 | -4.0% | 8.7% | ||
| Q4 24 | -2.9% | 12.5% | ||
| Q3 24 | -0.2% | 11.6% | ||
| Q2 24 | 1.3% | 7.5% | ||
| Q1 24 | -12.5% | 8.7% |
净利率COMPRH
| Q4 25 | -2.5% | 4.1% | ||
| Q3 25 | -0.2% | 5.8% | ||
| Q2 25 | 1.9% | 1.0% | ||
| Q1 25 | -3.7% | 1.7% | ||
| Q4 24 | -2.9% | 4.1% | ||
| Q3 24 | -0.1% | 3.5% | ||
| Q2 24 | 1.2% | -0.5% | ||
| Q1 24 | -12.6% | 1.5% |
每股收益（稀释后）COMPRH
| Q4 25 | $-0.07 | $1.83 | ||
| Q3 25 | $-0.01 | $2.62 | ||
| Q2 25 | $0.07 | $0.40 | ||
| Q1 25 | $-0.09 | $0.71 | ||
| Q4 24 | $-0.08 | $1.66 | ||
| Q3 24 | $0.00 | $1.45 | ||
| Q2 24 | $0.04 | $-0.20 | ||
| Q1 24 | $-0.27 | $0.91 |
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 | $43.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $782.0M | $3.3M |
| 总资产 | $1.5B | $4.8B |
| 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COMPRH
| Q4 25 | $199.0M | $43.1M | ||
| Q3 25 | $170.3M | $34.6M | ||
| Q2 25 | $177.3M | $46.1M | ||
| Q1 25 | $127.0M | $30.4M | ||
| Q4 24 | $223.8M | $87.0M | ||
| Q3 24 | $211.2M | $78.3M | ||
| Q2 24 | $185.8M | $101.8M | ||
| Q1 24 | $165.9M | $123.7M |
股东权益COMPRH
| Q4 25 | $782.0M | $3.3M | ||
| Q3 25 | $773.3M | $-40.9M | ||
| Q2 25 | $719.9M | $-110.8M | ||
| Q1 25 | $635.0M | $-163.6M | ||
| Q4 24 | $409.4M | $-183.0M | ||
| Q3 24 | $428.0M | $-234.7M | ||
| Q2 24 | $398.4M | $-289.9M | ||
| Q1 24 | $330.3M | $-297.4M |
总资产COMPRH
| Q4 25 | $1.5B | $4.8B | ||
| Q3 25 | $1.6B | $4.7B | ||
| Q2 25 | $1.6B | $4.7B | ||
| Q1 25 | $1.5B | $4.6B | ||
| Q4 24 | $1.2B | $4.5B | ||
| Q3 24 | $1.2B | $4.4B | ||
| Q2 24 | $1.2B | $4.2B | ||
| Q1 24 | $1.1B | $4.1B |
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 | $131.9M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $83.0M |
| 自由现金流率自由现金流/营收 | 2.5% | 9.4% |
| 资本支出强度资本支出/营收 | 0.2% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 3.64× |
| 过去12个月自由现金流最近4个季度 | $203.3M | $128.1M |
8季度趋势，按日历期对齐
经营现金流COMPRH
| Q4 25 | $45.3M | $131.9M | ||
| Q3 25 | $75.5M | $137.7M | ||
| Q2 25 | $72.8M | $86.6M | ||
| Q1 25 | $23.1M | $-18.8M | ||
| Q4 24 | $30.5M | $-31.4M | ||
| Q3 24 | $37.4M | $11.2M | ||
| Q2 24 | $45.0M | $56.1M | ||
| Q1 24 | $8.6M | $-114.0M |
自由现金流COMPRH
| Q4 25 | $42.2M | $83.0M | ||
| Q3 25 | $73.6M | $80.7M | ||
| Q2 25 | $68.0M | $34.1M | ||
| Q1 25 | $19.5M | $-69.7M | ||
| Q4 24 | $26.7M | $-96.0M | ||
| Q3 24 | $32.8M | $-37.9M | ||
| Q2 24 | $40.4M | $-10.1M | ||
| Q1 24 | $5.9M | $-251.5M |
自由现金流率COMPRH
| Q4 25 | 2.5% | 9.4% | ||
| Q3 25 | 4.0% | 9.0% | ||
| Q2 25 | 3.3% | 4.2% | ||
| Q1 25 | 1.4% | -8.6% | ||
| Q4 24 | 1.9% | -11.8% | ||
| Q3 24 | 2.2% | -4.6% | ||
| Q2 24 | 2.4% | -1.4% | ||
| Q1 24 | 0.6% | -34.1% |
资本支出强度COMPRH
| Q4 25 | 0.2% | 5.5% | ||
| Q3 25 | 0.1% | 6.3% | ||
| Q2 25 | 0.2% | 6.5% | ||
| Q1 25 | 0.3% | 6.3% | ||
| Q4 24 | 0.3% | 8.0% | ||
| Q3 24 | 0.3% | 5.9% | ||
| Q2 24 | 0.3% | 9.1% | ||
| Q1 24 | 0.3% | 18.6% |
现金转化率COMPRH
| Q4 25 | — | 3.64× | ||
| Q3 25 | — | 2.66× | ||
| Q2 25 | 1.85× | 10.78× | ||
| Q1 25 | — | -1.35× | ||
| Q4 24 | — | -0.95× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | — | -10.01× |
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
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
