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戴德梁行（CWK）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
戴德梁行的季度营收约是美泰的2.9倍（$2.5B vs $862.2M），戴德梁行同比增速更快（11.0% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-255.7M），过去两年戴德梁行的营收复合增速更高（5.3% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
CWK vs MAT — 直观对比
营收规模更大
CWK
是对方的2.9倍
$862.2M
营收增速更快
CWK
高出6.7%
4.3%
自由现金流更多
MAT
多$167.6M
$-255.7M
两年增速更快
CWK
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $862.2M |
| 净利润 | — | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 2.3% | — |
| 净利率 | — | 7.1% |
| 营收同比 | 11.0% | 4.3% |
| 净利润同比 | — | 251.4% |
| 每股收益（稀释后） | $-0.05 | $0.20 |
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CWKMAT
| Q1 26 | $2.5B | $862.2M | ||
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.5B | $1.0B | ||
| Q1 25 | $2.3B | $826.6M | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.3B | $1.1B |
净利润CWKMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-22.4M | $106.2M | ||
| Q3 25 | $51.4M | $278.4M | ||
| Q2 25 | $57.3M | $53.4M | ||
| Q1 25 | $1.9M | $-40.3M | ||
| Q4 24 | $112.9M | $140.9M | ||
| Q3 24 | $33.7M | $372.4M | ||
| Q2 24 | $13.5M | $56.9M |
毛利率CWKMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率CWKMAT
| Q1 26 | 2.3% | — | ||
| Q4 25 | 6.1% | 8.0% | ||
| Q3 25 | 4.1% | 21.9% | ||
| Q2 25 | 4.9% | 7.7% | ||
| Q1 25 | 2.0% | -6.4% | ||
| Q4 24 | 6.6% | 9.6% | ||
| Q3 24 | 3.2% | 26.5% | ||
| Q2 24 | 3.1% | 7.7% |
净利率CWKMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -0.8% | 6.0% | ||
| Q3 25 | 2.0% | 16.0% | ||
| Q2 25 | 2.3% | 5.2% | ||
| Q1 25 | 0.1% | -4.9% | ||
| Q4 24 | 4.3% | 8.6% | ||
| Q3 24 | 1.4% | 20.2% | ||
| Q2 24 | 0.6% | 5.3% |
每股收益（稀释后）CWKMAT
| Q1 26 | $-0.05 | $0.20 | ||
| Q4 25 | $-0.10 | $0.32 | ||
| Q3 25 | $0.22 | $0.88 | ||
| Q2 25 | $0.25 | $0.16 | ||
| Q1 25 | $0.01 | $-0.12 | ||
| Q4 24 | $0.49 | $0.40 | ||
| Q3 24 | $0.14 | $1.09 | ||
| Q2 24 | $0.06 | $0.17 |
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 | $600.6M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $2.0B | $2.1B |
| 总资产 | $7.6B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资CWKMAT
| Q1 26 | $600.6M | $866.0M | ||
| Q4 25 | $784.2M | $1.2B | ||
| Q3 25 | $634.4M | $691.9M | ||
| Q2 25 | $618.2M | $870.5M | ||
| Q1 25 | $623.2M | $1.2B | ||
| Q4 24 | $793.3M | $1.4B | ||
| Q3 24 | $775.4M | $723.5M | ||
| Q2 24 | $567.3M | $722.4M |
总债务CWKMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.7B | $2.3B | ||
| Q3 25 | $2.8B | $2.3B | ||
| Q2 25 | $3.0B | $2.3B | ||
| Q1 25 | $3.0B | $2.3B | ||
| Q4 24 | $3.0B | $2.3B | ||
| Q3 24 | $3.1B | $2.3B | ||
| Q2 24 | $3.1B | $2.3B |
股东权益CWKMAT
| Q1 26 | $2.0B | $2.1B | ||
| Q4 25 | $2.0B | $2.2B | ||
| Q3 25 | $2.0B | $2.3B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.8B | $2.1B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.7B | $2.3B | ||
| Q2 24 | $1.6B | $2.0B |
总资产CWKMAT
| Q1 26 | $7.6B | $6.3B | ||
| Q4 25 | $7.7B | $6.6B | ||
| Q3 25 | $7.7B | $6.6B | ||
| Q2 25 | $7.6B | $6.2B | ||
| Q1 25 | $7.4B | $6.2B | ||
| Q4 24 | $7.5B | $6.5B | ||
| Q3 24 | $7.5B | $6.5B | ||
| Q2 24 | $7.3B | $5.9B |
负债/权益比CWKMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 1.40× | 1.04× | ||
| Q3 25 | 1.45× | 1.03× | ||
| Q2 25 | 1.57× | 1.08× | ||
| Q1 25 | 1.70× | 1.10× | ||
| Q4 24 | 1.73× | 1.03× | ||
| Q3 24 | 1.81× | 1.01× | ||
| Q2 24 | 1.91× | 1.18× |
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 | $-243.5M | — |
| 自由现金流经营现金流 - 资本支出 | $-255.7M | $-88.1M |
| 自由现金流率自由现金流/营收 | -10.1% | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 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 | $203.9M | — |
8季度趋势，按日历期对齐
经营现金流CWKMAT
| Q1 26 | $-243.5M | — | ||
| Q4 25 | $257.3M | $796.6M | ||
| Q3 25 | $235.5M | $72.0M | ||
| Q2 25 | $9.6M | $-300.1M | ||
| Q1 25 | $-162.0M | $24.8M | ||
| Q4 24 | $115.2M | $862.1M | ||
| Q3 24 | $196.1M | $155.8M | ||
| Q2 24 | $21.8M | $-252.9M |
自由现金流CWKMAT
| Q1 26 | $-255.7M | $-88.1M | ||
| 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 | — |
自由现金流率CWKMAT
| Q1 26 | -10.1% | -10.2% | ||
| 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% | — |
资本支出强度CWKMAT
| Q1 26 | — | 7.6% | ||
| 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% | — |
现金转化率CWKMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | 4.58× | 0.26× | ||
| Q2 25 | 0.17× | -5.62× | ||
| Q1 25 | -85.26× | — | ||
| Q4 24 | 1.02× | 6.12× | ||
| Q3 24 | 5.82× | 0.42× | ||
| Q2 24 | 1.61× | -4.45× |
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
| Services | $1.7B | 69% |
| Leasing | $497.7M | 20% |
| Capital markets | $181.6M | 7% |
| Valuation and other | $113.8M | 4% |
MAT
暂无分部数据
