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COUSINS PROPERTIES INC（CUZ）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是COUSINS PROPERTIES INC的1.6倍（$411.1M vs $255.0M），UiPath, Inc.净利率更高（48.4% vs -1.4%，领先49.7%），UiPath, Inc.同比增速更快（15.9% vs 13.2%），COUSINS PROPERTIES INC自由现金流更多（$135.0M vs $25.1M），过去两年COUSINS PROPERTIES INC的营收复合增速更高（10.4% vs 0.7%）
Cousins Properties是一家公开上市的房地产投资信托（REIT），专注于亚特兰大、夏洛特、奥斯汀、菲尼克斯、坦帕及北卡罗来纳州教堂山的写字楼资产投资。公司曾开发多个知名地标项目，包括亚特兰大的CNN中心、奥姆尼体育馆、桃树中心191号大厦以及埃默里角商业综合体。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
CUZ vs PATH — 直观对比
营收规模更大
PATH
是对方的1.6倍
$255.0M
营收增速更快
PATH
高出2.7%
13.2%
净利率更高
PATH
高出49.7%
-1.4%
自由现金流更多
CUZ
多$109.9M
$25.1M
两年增速更快
CUZ
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $255.0M | $411.1M |
| 净利润 | $-3.5M | $198.8M |
| 毛利率 | 67.4% | 83.3% |
| 营业利润率 | 67.5% | 3.2% |
| 净利率 | -1.4% | 48.4% |
| 营收同比 | 13.2% | 15.9% |
| 净利润同比 | -125.4% | 1966.2% |
| 每股收益（稀释后） | $-0.02 | $0.37 |
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CUZPATH
| Q4 25 | $255.0M | $411.1M | ||
| Q3 25 | $248.3M | $361.7M | ||
| Q2 25 | $240.1M | $356.6M | ||
| Q1 25 | $250.3M | $423.6M | ||
| Q4 24 | $225.3M | $354.7M | ||
| Q3 24 | $209.2M | $316.3M | ||
| Q2 24 | $213.0M | $335.1M | ||
| Q1 24 | $209.2M | $405.3M |
净利润CUZPATH
| Q4 25 | $-3.5M | $198.8M | ||
| Q3 25 | $8.6M | $1.6M | ||
| Q2 25 | $14.5M | $-22.6M | ||
| Q1 25 | $20.9M | $51.8M | ||
| Q4 24 | $13.6M | $-10.7M | ||
| Q3 24 | $11.2M | $-86.1M | ||
| Q2 24 | $7.8M | $-28.7M | ||
| Q1 24 | $13.3M | $33.9M |
毛利率CUZPATH
| Q4 25 | 67.4% | 83.3% | ||
| Q3 25 | 67.8% | 82.2% | ||
| Q2 25 | 69.1% | 82.1% | ||
| Q1 25 | 69.2% | 84.8% | ||
| Q4 24 | 67.6% | 82.0% | ||
| Q3 24 | 68.5% | 80.0% | ||
| Q2 24 | 66.8% | 83.5% | ||
| Q1 24 | 66.0% | 86.8% |
营业利润率CUZPATH
| Q4 25 | 67.5% | 3.2% | ||
| Q3 25 | 68.1% | -5.6% | ||
| Q2 25 | 69.4% | -4.6% | ||
| Q1 25 | 66.0% | 7.9% | ||
| Q4 24 | 65.8% | -12.2% | ||
| Q3 24 | 67.9% | -32.7% | ||
| Q2 24 | 66.4% | -14.8% | ||
| Q1 24 | 66.3% | 3.7% |
净利率CUZPATH
| Q4 25 | -1.4% | 48.4% | ||
| Q3 25 | 3.5% | 0.4% | ||
| Q2 25 | 6.0% | -6.3% | ||
| Q1 25 | 8.3% | 12.2% | ||
| Q4 24 | 6.1% | -3.0% | ||
| Q3 24 | 5.4% | -27.2% | ||
| Q2 24 | 3.7% | -8.6% | ||
| Q1 24 | 6.4% | 8.4% |
每股收益（稀释后）CUZPATH
| Q4 25 | $-0.02 | $0.37 | ||
| Q3 25 | $0.05 | $0.00 | ||
| Q2 25 | $0.09 | $-0.04 | ||
| Q1 25 | $0.12 | $0.09 | ||
| Q4 24 | $0.09 | $-0.02 | ||
| Q3 24 | $0.07 | $-0.15 | ||
| Q2 24 | $0.05 | $-0.05 | ||
| Q1 24 | $0.09 | $0.07 |
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 | $5.7M | $1.4B |
| 总债务越低越好 | $3.3B | — |
| 股东权益账面价值 | $4.7B | $1.9B |
| 总资产 | $8.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.71× | — |
8季度趋势，按日历期对齐
现金及短期投资CUZPATH
| Q4 25 | $5.7M | $1.4B | ||
| Q3 25 | $4.7M | $1.4B | ||
| Q2 25 | $416.8M | $1.6B | ||
| Q1 25 | $5.3M | $1.6B | ||
| Q4 24 | $7.3M | $1.6B | ||
| Q3 24 | $76.1M | $1.7B | ||
| Q2 24 | $6.0M | $1.9B | ||
| Q1 24 | $5.5M | $1.9B |
总债务CUZPATH
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.5B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.6B | — |
股东权益CUZPATH
| Q4 25 | $4.7B | $1.9B | ||
| Q3 25 | $4.7B | $1.7B | ||
| Q2 25 | $4.8B | $1.7B | ||
| Q1 25 | $4.8B | $1.8B | ||
| Q4 24 | $4.8B | $1.7B | ||
| Q3 24 | $4.4B | $1.8B | ||
| Q2 24 | $4.5B | $2.0B | ||
| Q1 24 | $4.5B | $2.0B |
总资产CUZPATH
| Q4 25 | $8.9B | $2.9B | ||
| Q3 25 | $8.9B | $2.6B | ||
| Q2 25 | $9.1B | $2.6B | ||
| Q1 25 | $8.7B | $2.9B | ||
| Q4 24 | $8.8B | $2.7B | ||
| Q3 24 | $7.8B | $2.7B | ||
| Q2 24 | $7.7B | $2.8B | ||
| Q1 24 | $7.7B | $3.0B |
负债/权益比CUZPATH
| Q4 25 | 0.71× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.58× | — | ||
| Q1 24 | 0.57× | — |
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 | $402.3M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $135.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 53.0% | 6.1% |
| 资本支出强度资本支出/营收 | 104.8% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CUZPATH
| Q4 25 | $402.3M | $28.3M | ||
| Q3 25 | $120.5M | $41.6M | ||
| Q2 25 | $122.6M | $119.0M | ||
| Q1 25 | $44.8M | $146.1M | ||
| Q4 24 | $400.2M | $28.1M | ||
| Q3 24 | $117.4M | $46.4M | ||
| Q2 24 | $125.5M | $100.0M | ||
| Q1 24 | $28.3M | $145.6M |
自由现金流CUZPATH
| Q4 25 | $135.0M | $25.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $106.2M | ||
| Q1 25 | — | $138.7M | ||
| Q4 24 | $147.5M | $23.2M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $98.8M | ||
| Q1 24 | — | $141.8M |
自由现金流率CUZPATH
| Q4 25 | 53.0% | 6.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | 65.5% | 6.5% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 29.5% | ||
| Q1 24 | — | 35.0% |
资本支出强度CUZPATH
| Q4 25 | 104.8% | 0.8% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 112.2% | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.9% |
现金转化率CUZPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 14.03× | 26.25× | ||
| Q2 25 | 8.46× | — | ||
| Q1 25 | 2.14× | 2.82× | ||
| Q4 24 | 29.35× | — | ||
| Q3 24 | 10.48× | — | ||
| Q2 24 | 16.01× | — | ||
| Q1 24 | 2.13× | 4.29× |
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
CUZ
| Rental Properties | $253.3M | 99% |
| Fee And Other Revenue | $1.7M | 1% |
| Other | $1.2M | 0% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
