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Compass, Inc.（COMP）与Wayfair Inc.（W）财务数据对比。点击上方公司名可切换其他公司
Wayfair Inc.的季度营收约是Compass, Inc.的2.0倍（$3.3B vs $1.7B），Compass, Inc.净利率更高（-2.5% vs -3.5%，领先1.0%），Compass, Inc.同比增速更快（23.1% vs 6.9%），Wayfair Inc.自由现金流更多（$177.0M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 10.6%）
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。
Wayfair Inc.是总部位于美国马萨诸塞州波士顿的电商企业，2002年成立，前身为CSN Stores，专注于家具及家居用品线上销售。目前平台提供来自全球11000余家供应商的1400万款商品，业务遍及北美、加拿大、德国、爱尔兰、中国、英国等国家和地区。
COMP vs W — 直观对比
营收规模更大
W
是对方的2.0倍
$1.7B
营收增速更快
COMP
高出16.2%
6.9%
净利率更高
COMP
高出1.0%
-3.5%
自由现金流更多
W
多$134.8M
$42.2M
两年增速更快
COMP
近两年复合增速
10.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $3.3B |
| 净利润 | $-42.6M | $-116.0M |
| 毛利率 | — | 30.3% |
| 营业利润率 | -2.5% | 2.5% |
| 净利率 | -2.5% | -3.5% |
| 营收同比 | 23.1% | 6.9% |
| 净利润同比 | -5.2% | 9.4% |
| 每股收益（稀释后） | $-0.07 | $-0.90 |
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COMPW
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.8B | $3.1B | ||
| Q2 25 | $2.1B | $3.3B | ||
| Q1 25 | $1.4B | $2.7B | ||
| Q4 24 | $1.4B | $3.1B | ||
| Q3 24 | $1.5B | $2.9B | ||
| Q2 24 | $1.7B | $3.1B | ||
| Q1 24 | $1.1B | $2.7B |
净利润COMPW
| Q4 25 | $-42.6M | $-116.0M | ||
| Q3 25 | $-4.6M | $-99.0M | ||
| Q2 25 | $39.4M | $15.0M | ||
| Q1 25 | $-50.7M | $-113.0M | ||
| Q4 24 | $-40.5M | $-128.0M | ||
| Q3 24 | $-1.7M | $-74.0M | ||
| Q2 24 | $20.7M | $-42.0M | ||
| Q1 24 | $-132.9M | $-248.0M |
毛利率COMPW
| Q4 25 | — | 30.3% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | — | 30.1% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | 30.2% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 30.2% | ||
| Q1 24 | — | 30.0% |
营业利润率COMPW
| Q4 25 | -2.5% | 2.5% | ||
| Q3 25 | -0.4% | 1.2% | ||
| Q2 25 | 1.9% | 0.5% | ||
| Q1 25 | -4.0% | -4.5% | ||
| Q4 24 | -2.9% | -3.7% | ||
| Q3 24 | -0.2% | -2.6% | ||
| Q2 24 | 1.3% | -1.1% | ||
| Q1 24 | -12.5% | -8.6% |
净利率COMPW
| Q4 25 | -2.5% | -3.5% | ||
| Q3 25 | -0.2% | -3.2% | ||
| Q2 25 | 1.9% | 0.5% | ||
| Q1 25 | -3.7% | -4.1% | ||
| Q4 24 | -2.9% | -4.1% | ||
| Q3 24 | -0.1% | -2.6% | ||
| Q2 24 | 1.2% | -1.3% | ||
| Q1 24 | -12.6% | -9.1% |
每股收益（稀释后）COMPW
| Q4 25 | $-0.07 | $-0.90 | ||
| Q3 25 | $-0.01 | $-0.76 | ||
| Q2 25 | $0.07 | $0.11 | ||
| Q1 25 | $-0.09 | $-0.89 | ||
| Q4 24 | $-0.08 | $-1.01 | ||
| Q3 24 | $0.00 | $-0.60 | ||
| Q2 24 | $0.04 | $-0.34 | ||
| Q1 24 | $-0.27 | $-2.06 |
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 | $1.5B |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $782.0M | $-2.8B |
| 总资产 | $1.5B | $3.4B |
| 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COMPW
| Q4 25 | $199.0M | $1.5B | ||
| Q3 25 | $170.3M | $1.2B | ||
| Q2 25 | $177.3M | $1.4B | ||
| Q1 25 | $127.0M | $1.4B | ||
| Q4 24 | $223.8M | $1.4B | ||
| Q3 24 | $211.2M | $1.3B | ||
| Q2 24 | $185.8M | $1.3B | ||
| Q1 24 | $165.9M | $1.2B |
总债务COMPW
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益COMPW
| Q4 25 | $782.0M | $-2.8B | ||
| Q3 25 | $773.3M | $-2.8B | ||
| Q2 25 | $719.9M | $-2.7B | ||
| Q1 25 | $635.0M | $-2.8B | ||
| Q4 24 | $409.4M | $-2.8B | ||
| Q3 24 | $428.0M | $-2.7B | ||
| Q2 24 | $398.4M | $-2.8B | ||
| Q1 24 | $330.3M | $-2.8B |
总资产COMPW
| Q4 25 | $1.5B | $3.4B | ||
| Q3 25 | $1.6B | $3.1B | ||
| Q2 25 | $1.6B | $3.3B | ||
| Q1 25 | $1.5B | $3.4B | ||
| Q4 24 | $1.2B | $3.5B | ||
| Q3 24 | $1.2B | $3.4B | ||
| Q2 24 | $1.2B | $3.4B | ||
| Q1 24 | $1.1B | $3.2B |
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 | $202.0M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $177.0M |
| 自由现金流率自由现金流/营收 | 2.5% | 5.3% |
| 资本支出强度资本支出/营收 | 0.2% | 0.7% |
| 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 | $464.0M |
8季度趋势，按日历期对齐
经营现金流COMPW
| Q4 25 | $45.3M | $202.0M | ||
| Q3 25 | $75.5M | $155.0M | ||
| Q2 25 | $72.8M | $273.0M | ||
| Q1 25 | $23.1M | $-96.0M | ||
| Q4 24 | $30.5M | $162.0M | ||
| Q3 24 | $37.4M | $49.0M | ||
| Q2 24 | $45.0M | $245.0M | ||
| Q1 24 | $8.6M | $-139.0M |
自由现金流COMPW
| Q4 25 | $42.2M | $177.0M | ||
| Q3 25 | $73.6M | $128.0M | ||
| Q2 25 | $68.0M | $260.0M | ||
| Q1 25 | $19.5M | $-101.0M | ||
| Q4 24 | $26.7M | $142.0M | ||
| Q3 24 | $32.8M | $32.0M | ||
| Q2 24 | $40.4M | $222.0M | ||
| Q1 24 | $5.9M | $-152.0M |
自由现金流率COMPW
| Q4 25 | 2.5% | 5.3% | ||
| Q3 25 | 4.0% | 4.1% | ||
| Q2 25 | 3.3% | 7.9% | ||
| Q1 25 | 1.4% | -3.7% | ||
| Q4 24 | 1.9% | 4.5% | ||
| Q3 24 | 2.2% | 1.1% | ||
| Q2 24 | 2.4% | 7.1% | ||
| Q1 24 | 0.6% | -5.6% |
资本支出强度COMPW
| Q4 25 | 0.2% | 0.7% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.3% | 0.6% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.3% | 0.7% | ||
| Q1 24 | 0.3% | 0.5% |
现金转化率COMPW
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.85× | 18.20× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.17× | — | ||
| 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
W
| US Segment | $2.9B | 88% |
| International Segment | $395.0M | 12% |
