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Compass, Inc.（COMP）与西蒙地产集团（SPG）财务数据对比。点击上方公司名可切换其他公司
西蒙地产集团的季度营收约是Compass, Inc.的1.1倍（$1.8B vs $1.7B），西蒙地产集团净利率更高（197.6% vs -2.5%，领先200.1%），Compass, Inc.同比增速更快（23.1% vs 13.2%），西蒙地产集团自由现金流更多（$948.8M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 11.4%）
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。
西蒙地产集团是美国头部房地产投资信托企业，核心投资范畴涵盖购物中心、奥特莱斯、社区及生活方式中心，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业的相关权益。
COMP vs SPG — 直观对比
营收规模更大
SPG
是对方的1.1倍
$1.7B
营收增速更快
COMP
高出9.9%
13.2%
净利率更高
SPG
高出200.1%
-2.5%
自由现金流更多
SPG
多$906.6M
$42.2M
两年增速更快
COMP
近两年复合增速
11.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.8B |
| 净利润 | $-42.6M | $3.5B |
| 毛利率 | — | — |
| 营业利润率 | -2.5% | 49.7% |
| 净利率 | -2.5% | 197.6% |
| 营收同比 | 23.1% | 13.2% |
| 净利润同比 | -5.2% | 358.7% |
| 每股收益（稀释后） | $-0.07 | $9.34 |
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COMPSPG
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.1B | $1.4B |
净利润COMPSPG
| Q4 25 | $-42.6M | $3.5B | ||
| Q3 25 | $-4.6M | $702.7M | ||
| Q2 25 | $39.4M | $643.7M | ||
| Q1 25 | $-50.7M | $477.9M | ||
| Q4 24 | $-40.5M | $771.8M | ||
| Q3 24 | $-1.7M | $546.7M | ||
| Q2 24 | $20.7M | $569.4M | ||
| Q1 24 | $-132.9M | $841.2M |
营业利润率COMPSPG
| Q4 25 | -2.5% | 49.7% | ||
| Q3 25 | -0.4% | 50.8% | ||
| Q2 25 | 1.9% | 49.7% | ||
| Q1 25 | -4.0% | 49.4% | ||
| Q4 24 | -2.9% | 52.8% | ||
| Q3 24 | -0.2% | 51.9% | ||
| Q2 24 | 1.3% | 51.7% | ||
| Q1 24 | -12.5% | 51.0% |
净利率COMPSPG
| Q4 25 | -2.5% | 197.6% | ||
| Q3 25 | -0.2% | 43.9% | ||
| Q2 25 | 1.9% | 43.0% | ||
| Q1 25 | -3.7% | 32.4% | ||
| Q4 24 | -2.9% | 48.8% | ||
| Q3 24 | -0.1% | 36.9% | ||
| Q2 24 | 1.2% | 39.0% | ||
| Q1 24 | -12.6% | 58.3% |
每股收益（稀释后）COMPSPG
| Q4 25 | $-0.07 | $9.34 | ||
| Q3 25 | $-0.01 | $1.86 | ||
| Q2 25 | $0.07 | $1.70 | ||
| Q1 25 | $-0.09 | $1.27 | ||
| Q4 24 | $-0.08 | $2.04 | ||
| Q3 24 | $0.00 | $1.46 | ||
| Q2 24 | $0.04 | $1.51 | ||
| Q1 24 | $-0.27 | $2.25 |
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 | $823.1M |
| 总债务越低越好 | — | $28.4B |
| 股东权益账面价值 | $782.0M | $5.2B |
| 总资产 | $1.5B | $40.6B |
| 负债/权益比越低杠杆越低 | — | 5.46× |
8季度趋势，按日历期对齐
现金及短期投资COMPSPG
| Q4 25 | $199.0M | $823.1M | ||
| Q3 25 | $170.3M | $1.6B | ||
| Q2 25 | $177.3M | $1.2B | ||
| Q1 25 | $127.0M | $1.4B | ||
| Q4 24 | $223.8M | $1.4B | ||
| Q3 24 | $211.2M | $2.5B | ||
| Q2 24 | $185.8M | $2.5B | ||
| Q1 24 | $165.9M | $2.6B |
总债务COMPSPG
| Q4 25 | — | $28.4B | ||
| Q3 25 | — | $25.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $24.8B | ||
| Q4 24 | — | $24.3B | ||
| Q3 24 | — | $25.4B | ||
| Q2 24 | — | $25.3B | ||
| Q1 24 | — | $25.5B |
股东权益COMPSPG
| Q4 25 | $782.0M | $5.2B | ||
| Q3 25 | $773.3M | $2.3B | ||
| Q2 25 | $719.9M | $2.5B | ||
| Q1 25 | $635.0M | $2.6B | ||
| Q4 24 | $409.4M | $2.9B | ||
| Q3 24 | $428.0M | $2.7B | ||
| Q2 24 | $398.4M | $2.9B | ||
| Q1 24 | $330.3M | $3.1B |
总资产COMPSPG
| Q4 25 | $1.5B | $40.6B | ||
| Q3 25 | $1.6B | $33.6B | ||
| Q2 25 | $1.6B | $33.3B | ||
| Q1 25 | $1.5B | $32.5B | ||
| Q4 24 | $1.2B | $32.4B | ||
| Q3 24 | $1.2B | $33.3B | ||
| Q2 24 | $1.2B | $33.4B | ||
| Q1 24 | $1.1B | $33.7B |
负债/权益比COMPSPG
| Q4 25 | — | 5.46× | ||
| Q3 25 | — | 10.98× | ||
| Q2 25 | — | 10.36× | ||
| Q1 25 | — | 9.50× | ||
| Q4 24 | — | 8.25× | ||
| Q3 24 | — | 9.37× | ||
| Q2 24 | — | 8.59× | ||
| Q1 24 | — | 8.22× |
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 | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $948.8M |
| 自由现金流率自由现金流/营收 | 2.5% | 53.0% |
| 资本支出强度资本支出/营收 | 0.2% | 14.2% |
| 现金转化率经营现金流/净利润 | — | 0.34× |
| 过去12个月自由现金流最近4个季度 | $203.3M | $3.2B |
8季度趋势，按日历期对齐
经营现金流COMPSPG
| Q4 25 | $45.3M | $1.2B | ||
| Q3 25 | $75.5M | $890.3M | ||
| Q2 25 | $72.8M | $1.2B | ||
| Q1 25 | $23.1M | $827.2M | ||
| Q4 24 | $30.5M | $1.1B | ||
| Q3 24 | $37.4M | $892.9M | ||
| Q2 24 | $45.0M | $1.1B | ||
| Q1 24 | $8.6M | $773.1M |
自由现金流COMPSPG
| Q4 25 | $42.2M | $948.8M | ||
| Q3 25 | $73.6M | $685.0M | ||
| Q2 25 | $68.0M | $971.3M | ||
| Q1 25 | $19.5M | $597.0M | ||
| Q4 24 | $26.7M | $867.7M | ||
| Q3 24 | $32.8M | $706.5M | ||
| Q2 24 | $40.4M | $874.8M | ||
| Q1 24 | $5.9M | $610.1M |
自由现金流率COMPSPG
| Q4 25 | 2.5% | 53.0% | ||
| Q3 25 | 4.0% | 42.8% | ||
| Q2 25 | 3.3% | 64.8% | ||
| Q1 25 | 1.4% | 40.5% | ||
| Q4 24 | 1.9% | 54.8% | ||
| Q3 24 | 2.2% | 47.7% | ||
| Q2 24 | 2.4% | 60.0% | ||
| Q1 24 | 0.6% | 42.3% |
资本支出强度COMPSPG
| Q4 25 | 0.2% | 14.2% | ||
| Q3 25 | 0.1% | 12.8% | ||
| Q2 25 | 0.2% | 16.3% | ||
| Q1 25 | 0.3% | 15.6% | ||
| Q4 24 | 0.3% | 13.8% | ||
| Q3 24 | 0.3% | 12.6% | ||
| Q2 24 | 0.3% | 12.9% | ||
| Q1 24 | 0.3% | 11.3% |
现金转化率COMPSPG
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 1.27× | ||
| Q2 25 | 1.85× | 1.89× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | 2.17× | 1.87× | ||
| Q1 24 | — | 0.92× |
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
SPG
| Real Estate Segment | $1.7B | 95% |
| Other | $86.3M | 5% |
