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戴德梁行（CWK）与道明尼能源（D）财务数据对比。点击上方公司名可切换其他公司
道明尼能源的季度营收约是戴德梁行的1.4倍（$4.2B vs $2.9B），道明尼能源净利率更高（13.9% vs -0.8%，领先14.7%），道明尼能源同比增速更快（23.2% vs 10.8%），过去两年戴德梁行的营收复合增速更高（15.5% vs 9.3%）
戴德梁行是全球化的商业地产及物业管理服务提供商，总部位于美国伊利诺伊州芝加哥，由联合创始人J·克莱兹代尔·库什曼和伯纳德·韦克菲尔德共同创立，在全球商业地产服务领域拥有广泛的业务布局与专业服务能力，为各类客户提供定制化的地产相关解决方案。
道明尼能源是总部位于美国弗吉尼亚州里士满的能源企业，为弗吉尼亚、北卡罗来纳、南卡罗来纳三州的部分地区供电，同时向犹他、爱达荷、怀俄明、西弗吉尼亚、俄亥俄、宾夕法尼亚、佐治亚等州的部分区域供应天然气，在印第安纳、伊利诺伊、康涅狄格、罗得岛也设有发电设施。
CWK vs D — 直观对比
营收规模更大
D
是对方的1.4倍
$2.9B
营收增速更快
D
高出12.4%
10.8%
净利率更高
D
高出14.7%
-0.8%
两年增速更快
CWK
近两年复合增速
9.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $4.2B |
| 净利润 | $-22.4M | $586.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.1% | 18.0% |
| 净利率 | -0.8% | 13.9% |
| 营收同比 | 10.8% | 23.2% |
| 净利润同比 | -119.8% | 871.1% |
| 每股收益（稀释后） | $-0.10 | $0.66 |
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CWKD
| Q4 25 | $2.9B | $4.2B | ||
| Q3 25 | $2.6B | $4.5B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $2.3B | $4.1B | ||
| Q4 24 | $2.6B | $3.4B | ||
| Q3 24 | $2.3B | $3.8B | ||
| Q2 24 | $2.3B | $3.5B | ||
| Q1 24 | $2.2B | $3.5B |
净利润CWKD
| Q4 25 | $-22.4M | $586.0M | ||
| Q3 25 | $51.4M | $1.0B | ||
| Q2 25 | $57.3M | $760.0M | ||
| Q1 25 | $1.9M | $646.0M | ||
| Q4 24 | $112.9M | $-76.0M | ||
| Q3 24 | $33.7M | $954.0M | ||
| Q2 24 | $13.5M | $572.0M | ||
| Q1 24 | $-28.8M | $674.0M |
营业利润率CWKD
| Q4 25 | 6.1% | 18.0% | ||
| Q3 25 | 4.1% | 29.7% | ||
| Q2 25 | 4.9% | 29.5% | ||
| Q1 25 | 2.0% | 29.9% | ||
| Q4 24 | 6.6% | 11.4% | ||
| Q3 24 | 3.2% | 32.2% | ||
| Q2 24 | 3.1% | 23.3% | ||
| Q1 24 | 0.9% | 23.6% |
净利率CWKD
| Q4 25 | -0.8% | 13.9% | ||
| Q3 25 | 2.0% | 22.3% | ||
| Q2 25 | 2.3% | 20.4% | ||
| Q1 25 | 0.1% | 15.8% | ||
| Q4 24 | 4.3% | -2.2% | ||
| Q3 24 | 1.4% | 25.2% | ||
| Q2 24 | 0.6% | 16.6% | ||
| Q1 24 | -1.3% | 19.1% |
每股收益（稀释后）CWKD
| Q4 25 | $-0.10 | $0.66 | ||
| Q3 25 | $0.22 | $1.16 | ||
| Q2 25 | $0.25 | $0.88 | ||
| Q1 25 | $0.01 | $0.75 | ||
| Q4 24 | $0.49 | $-0.11 | ||
| Q3 24 | $0.14 | $1.12 | ||
| Q2 24 | $0.06 | $0.65 | ||
| Q1 24 | $-0.13 | $0.78 |
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 | $784.2M | $250.0M |
| 总债务越低越好 | $2.7B | $44.1B |
| 股东权益账面价值 | $2.0B | $29.1B |
| 总资产 | $7.7B | $115.9B |
| 负债/权益比越低杠杆越低 | 1.40× | 1.52× |
8季度趋势，按日历期对齐
现金及短期投资CWKD
| Q4 25 | $784.2M | $250.0M | ||
| Q3 25 | $634.4M | $932.0M | ||
| Q2 25 | $618.2M | $344.0M | ||
| Q1 25 | $623.2M | $355.0M | ||
| Q4 24 | $793.3M | $310.0M | ||
| Q3 24 | $775.4M | $1.8B | ||
| Q2 24 | $567.3M | $139.0M | ||
| Q1 24 | $553.5M | $265.0M |
总债务CWKD
| Q4 25 | $2.7B | $44.1B | ||
| Q3 25 | $2.8B | $43.3B | ||
| Q2 25 | $3.0B | $40.3B | ||
| Q1 25 | $3.0B | $39.9B | ||
| Q4 24 | $3.0B | $37.5B | ||
| Q3 24 | $3.1B | $37.1B | ||
| Q2 24 | $3.1B | $36.6B | ||
| Q1 24 | $3.2B | $35.1B |
股东权益CWKD
| Q4 25 | $2.0B | $29.1B | ||
| Q3 25 | $2.0B | $27.7B | ||
| Q2 25 | $1.9B | $27.2B | ||
| Q1 25 | $1.8B | $27.4B | ||
| Q4 24 | $1.8B | $27.3B | ||
| Q3 24 | $1.7B | $27.5B | ||
| Q2 24 | $1.6B | $27.1B | ||
| Q1 24 | $1.6B | $27.4B |
总资产CWKD
| Q4 25 | $7.7B | $115.9B | ||
| Q3 25 | $7.7B | $111.6B | ||
| Q2 25 | $7.6B | $107.4B | ||
| Q1 25 | $7.4B | $104.6B | ||
| Q4 24 | $7.5B | $102.4B | ||
| Q3 24 | $7.5B | $99.8B | ||
| Q2 24 | $7.3B | $100.4B | ||
| Q1 24 | $7.5B | $102.0B |
负债/权益比CWKD
| Q4 25 | 1.40× | 1.52× | ||
| Q3 25 | 1.45× | 1.56× | ||
| Q2 25 | 1.57× | 1.48× | ||
| Q1 25 | 1.70× | 1.46× | ||
| Q4 24 | 1.73× | 1.38× | ||
| Q3 24 | 1.81× | 1.35× | ||
| Q2 24 | 1.91× | 1.35× | ||
| Q1 24 | 1.96× | 1.28× |
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 | $257.3M | $987.0M |
| 自由现金流经营现金流 - 资本支出 | $234.3M | — |
| 自由现金流率自由现金流/营收 | 8.0% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | — | 1.68× |
| 过去12个月自由现金流最近4个季度 | $293.0M | — |
8季度趋势，按日历期对齐
经营现金流CWKD
| Q4 25 | $257.3M | $987.0M | ||
| Q3 25 | $235.5M | $1.9B | ||
| Q2 25 | $9.6M | $1.2B | ||
| Q1 25 | $-162.0M | $1.2B | ||
| Q4 24 | $115.2M | $641.0M | ||
| Q3 24 | $196.1M | $1.5B | ||
| Q2 24 | $21.8M | $856.0M | ||
| Q1 24 | $-125.1M | $2.0B |
自由现金流CWKD
| Q4 25 | $234.3M | — | ||
| Q3 25 | $225.0M | — | ||
| Q2 25 | $300.0K | — | ||
| Q1 25 | $-166.6M | — | ||
| Q4 24 | $105.9M | — | ||
| Q3 24 | $186.7M | — | ||
| Q2 24 | $10.0M | — | ||
| Q1 24 | $-135.6M | — |
自由现金流率CWKD
| Q4 25 | 8.0% | — | ||
| Q3 25 | 8.6% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | -7.3% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 8.0% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | -6.2% | — |
资本支出强度CWKD
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.5% | — |
现金转化率CWKD
| Q4 25 | — | 1.68× | ||
| Q3 25 | 4.58× | 1.93× | ||
| Q2 25 | 0.17× | 1.64× | ||
| Q1 25 | -85.26× | 1.83× | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 5.82× | 1.61× | ||
| Q2 24 | 1.61× | 1.50× | ||
| Q1 24 | — | 2.94× |
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
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
D
| Dominion Energy Virginia | $3.0B | 72% |
| Nonregulated Electricity Sales | $334.0M | 8% |
| Contracted Energy | $306.0M | 7% |
| Other | $292.0M | 7% |
| Other Nonregulated Revenues | $97.0M | 2% |
| Other Regulated Revenues | $66.0M | 2% |
| Alternative Revenue Programs | $50.0M | 1% |
| Transition Services Agreements | $25.0M | 1% |
| Regulated Gas Transportation And Storage | $10.0M | 0% |
| Related Party | $5.0M | 0% |
