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柯蒂斯-莱特（CW）与Real Brokerage Inc（REAX）财务数据对比。点击上方公司名可切换其他公司
柯蒂斯-莱特的季度营收约是Real Brokerage Inc的1.7倍（$947.0M vs $568.5M），柯蒂斯-莱特净利率更高（14.5% vs -0.1%，领先14.5%），Real Brokerage Inc同比增速更快（52.6% vs 14.9%），柯蒂斯-莱特自由现金流更多（$315.1M vs $8.4M）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
CW vs REAX — 直观对比
营收规模更大
CW
是对方的1.7倍
$568.5M
营收增速更快
REAX
高出37.8%
14.9%
净利率更高
CW
高出14.5%
-0.1%
自由现金流更多
CW
多$306.7M
$8.4M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $568.5M |
| 净利润 | $137.0M | $-447.0K |
| 毛利率 | 37.5% | 7.9% |
| 营业利润率 | 19.2% | -0.1% |
| 净利率 | 14.5% | -0.1% |
| 营收同比 | 14.9% | 52.6% |
| 净利润同比 | 16.2% | 82.7% |
| 每股收益（稀释后） | $3.69 | $0.00 |
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CWREAX
| Q4 25 | $947.0M | — | ||
| Q3 25 | $869.2M | $568.5M | ||
| Q2 25 | $876.6M | $540.7M | ||
| Q1 25 | $805.6M | $354.0M | ||
| Q4 24 | $824.3M | — | ||
| Q3 24 | $798.9M | $372.5M | ||
| Q2 24 | $784.8M | — | ||
| Q1 24 | $713.2M | $200.7M |
净利润CWREAX
| Q4 25 | $137.0M | — | ||
| Q3 25 | $124.8M | $-447.0K | ||
| Q2 25 | $121.1M | $1.5M | ||
| Q1 25 | $101.3M | $-5.0M | ||
| Q4 24 | $117.9M | — | ||
| Q3 24 | $111.2M | $-2.6M | ||
| Q2 24 | $99.5M | — | ||
| Q1 24 | $76.5M | $-16.1M |
毛利率CWREAX
| Q4 25 | 37.5% | — | ||
| Q3 25 | 37.7% | 7.9% | ||
| Q2 25 | 37.2% | 8.9% | ||
| Q1 25 | 36.3% | 9.6% | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.3% | 8.6% | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 35.6% | 10.3% |
营业利润率CWREAX
| Q4 25 | 19.2% | — | ||
| Q3 25 | 19.1% | -0.1% | ||
| Q2 25 | 17.8% | 0.3% | ||
| Q1 25 | 16.0% | -1.5% | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 18.1% | -0.7% | ||
| Q2 24 | 16.4% | — | ||
| Q1 24 | 14.0% | -7.8% |
净利率CWREAX
| Q4 25 | 14.5% | — | ||
| Q3 25 | 14.4% | -0.1% | ||
| Q2 25 | 13.8% | 0.3% | ||
| Q1 25 | 12.6% | -1.4% | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 13.9% | -0.7% | ||
| Q2 24 | 12.7% | — | ||
| Q1 24 | 10.7% | -8.0% |
每股收益（稀释后）CWREAX
| Q4 25 | $3.69 | — | ||
| Q3 25 | $3.31 | $0.00 | ||
| Q2 25 | $3.19 | $0.01 | ||
| Q1 25 | $2.68 | $-0.02 | ||
| Q4 24 | $3.09 | — | ||
| Q3 24 | $2.89 | $-0.01 | ||
| Q2 24 | $2.58 | — | ||
| Q1 24 | $1.99 | $-0.09 |
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 | — | $38.7M |
| 总债务越低越好 | $957.9M | — |
| 股东权益账面价值 | $2.5B | $53.6M |
| 总资产 | $5.2B | $145.2M |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资CWREAX
| Q4 25 | — | — | ||
| Q3 25 | — | $38.7M | ||
| Q2 25 | — | $49.7M | ||
| Q1 25 | $226.5M | $24.7M | ||
| Q4 24 | $385.0M | — | ||
| Q3 24 | — | $22.6M | ||
| Q2 24 | — | — | ||
| Q1 24 | $338.0M | $20.1M |
总债务CWREAX
| Q4 25 | $957.9M | — | ||
| Q3 25 | $968.6M | — | ||
| Q2 25 | $958.4M | — | ||
| Q1 25 | $958.6M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.1B | — |
股东权益CWREAX
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | $53.6M | ||
| Q2 25 | $2.7B | $49.2M | ||
| Q1 25 | $2.6B | $32.8M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.5B | $29.8M | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.4B | $25.6M |
总资产CWREAX
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.1B | $145.2M | ||
| Q2 25 | $5.2B | $149.4M | ||
| Q1 25 | $5.0B | $100.5M | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.9B | $102.5M | ||
| Q2 24 | $4.7B | — | ||
| Q1 24 | $4.6B | — |
负债/权益比CWREAX
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.44× | — |
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 | $352.7M | $8.8M |
| 自由现金流经营现金流 - 资本支出 | $315.1M | $8.4M |
| 自由现金流率自由现金流/营收 | 33.3% | 1.5% |
| 资本支出强度资本支出/营收 | 4.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.57× | — |
| 过去12个月自由现金流最近4个季度 | $553.7M | $71.7M |
8季度趋势，按日历期对齐
经营现金流CWREAX
| Q4 25 | $352.7M | — | ||
| Q3 25 | $192.8M | $8.8M | ||
| Q2 25 | $136.6M | $41.0M | ||
| Q1 25 | $-38.8M | $15.9M | ||
| Q4 24 | $301.3M | — | ||
| Q3 24 | $177.3M | $7.2M | ||
| Q2 24 | $111.3M | — | ||
| Q1 24 | $-45.6M | $21.5M |
自由现金流CWREAX
| Q4 25 | $315.1M | — | ||
| Q3 25 | $175.9M | $8.4M | ||
| Q2 25 | $117.2M | $40.8M | ||
| Q1 25 | $-54.5M | $15.7M | ||
| Q4 24 | $278.0M | — | ||
| Q3 24 | $162.7M | $6.8M | ||
| Q2 24 | $100.3M | — | ||
| Q1 24 | $-57.7M | $21.4M |
自由现金流率CWREAX
| Q4 25 | 33.3% | — | ||
| Q3 25 | 20.2% | 1.5% | ||
| Q2 25 | 13.4% | 7.5% | ||
| Q1 25 | -6.8% | 4.4% | ||
| Q4 24 | 33.7% | — | ||
| Q3 24 | 20.4% | 1.8% | ||
| Q2 24 | 12.8% | — | ||
| Q1 24 | -8.1% | 10.7% |
资本支出强度CWREAX
| Q4 25 | 4.0% | — | ||
| Q3 25 | 1.9% | 0.1% | ||
| Q2 25 | 2.2% | 0.0% | ||
| Q1 25 | 2.0% | 0.1% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 1.8% | 0.1% | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.7% | 0.0% |
现金转化率CWREAX
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 1.13× | 27.13× | ||
| Q1 25 | -0.38× | — | ||
| Q4 24 | 2.56× | — | ||
| Q3 24 | 1.59× | — | ||
| Q2 24 | 1.12× | — | ||
| Q1 24 | -0.60× | — |
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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
REAX
暂无分部数据
