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戴德梁行（CWK）与Martin Marietta Materials（MLM）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Martin Marietta Materials的1.9倍（$2.5B vs $1.4B），Martin Marietta Materials同比增速更快（17.0% vs 11.0%），过去两年戴德梁行的营收复合增速更高（5.3% vs -12.1%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
CWK vs MLM — 直观对比
营收规模更大
CWK
是对方的1.9倍
$1.4B
营收增速更快
MLM
高出6.0%
11.0%
两年增速更快
CWK
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.4B |
| 净利润 | — | $1.5B |
| 毛利率 | — | 22.8% |
| 营业利润率 | 2.3% | 11.9% |
| 净利率 | — | 111.1% |
| 营收同比 | 11.0% | 17.0% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.05 | — |
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CWKMLM
| Q1 26 | $2.5B | $1.4B | ||
| Q4 25 | $2.9B | $1.1B | ||
| Q3 25 | $2.6B | $1.8B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.3B | $1.8B |
净利润CWKMLM
| Q1 26 | — | $1.5B | ||
| Q4 25 | $-22.4M | $279.0M | ||
| Q3 25 | $51.4M | $414.0M | ||
| Q2 25 | $57.3M | $328.0M | ||
| Q1 25 | $1.9M | $116.0M | ||
| Q4 24 | $112.9M | $293.0M | ||
| Q3 24 | $33.7M | $363.0M | ||
| Q2 24 | $13.5M | $294.0M |
毛利率CWKMLM
| Q1 26 | — | 22.8% | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 29.3% |
营业利润率CWKMLM
| Q1 26 | 2.3% | 11.9% | ||
| Q4 25 | 6.1% | 24.6% | ||
| Q3 25 | 4.1% | 27.4% | ||
| Q2 25 | 4.9% | 25.3% | ||
| Q1 25 | 2.0% | 14.3% | ||
| Q4 24 | 6.6% | 24.4% | ||
| Q3 24 | 3.2% | 25.9% | ||
| Q2 24 | 3.1% | 22.6% |
净利率CWKMLM
| Q1 26 | — | 111.1% | ||
| Q4 25 | -0.8% | 24.5% | ||
| Q3 25 | 2.0% | 22.4% | ||
| Q2 25 | 2.3% | 18.1% | ||
| Q1 25 | 0.1% | 8.6% | ||
| Q4 24 | 4.3% | 18.0% | ||
| Q3 24 | 1.4% | 19.2% | ||
| Q2 24 | 0.6% | 16.7% |
每股收益（稀释后）CWKMLM
| Q1 26 | $-0.05 | — | ||
| Q4 25 | $-0.10 | $4.59 | ||
| Q3 25 | $0.22 | $6.85 | ||
| Q2 25 | $0.25 | $5.43 | ||
| Q1 25 | $0.01 | $1.90 | ||
| Q4 24 | $0.49 | $4.87 | ||
| Q3 24 | $0.14 | $5.91 | ||
| Q2 24 | $0.06 | $4.76 |
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 | $273.0M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $2.0B | $11.3B |
| 总资产 | $7.6B | $20.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CWKMLM
| Q1 26 | $600.6M | $273.0M | ||
| Q4 25 | $784.2M | $67.0M | ||
| Q3 25 | $634.4M | $57.0M | ||
| Q2 25 | $618.2M | $225.0M | ||
| Q1 25 | $623.2M | $101.0M | ||
| Q4 24 | $793.3M | $670.0M | ||
| Q3 24 | $775.4M | $52.0M | ||
| Q2 24 | $567.3M | $109.0M |
总债务CWKMLM
| Q1 26 | — | $0 | ||
| Q4 25 | $2.7B | $5.3B | ||
| Q3 25 | $2.8B | $5.5B | ||
| Q2 25 | $3.0B | $5.4B | ||
| Q1 25 | $3.0B | $5.4B | ||
| Q4 24 | $3.0B | $5.4B | ||
| Q3 24 | $3.1B | $4.0B | ||
| Q2 24 | $3.1B | $4.3B |
股东权益CWKMLM
| Q1 26 | $2.0B | $11.3B | ||
| Q4 25 | $2.0B | $10.0B | ||
| Q3 25 | $2.0B | $9.7B | ||
| Q2 25 | $1.9B | $9.4B | ||
| Q1 25 | $1.8B | $9.1B | ||
| Q4 24 | $1.8B | $9.5B | ||
| Q3 24 | $1.7B | $9.2B | ||
| Q2 24 | $1.6B | $8.8B |
总资产CWKMLM
| Q1 26 | $7.6B | $20.5B | ||
| Q4 25 | $7.7B | $18.7B | ||
| Q3 25 | $7.7B | $18.7B | ||
| Q2 25 | $7.6B | $18.1B | ||
| Q1 25 | $7.4B | $17.7B | ||
| Q4 24 | $7.5B | $18.2B | ||
| Q3 24 | $7.5B | $16.5B | ||
| Q2 24 | $7.3B | $16.3B |
负债/权益比CWKMLM
| Q1 26 | — | 0.00× | ||
| Q4 25 | 1.40× | 0.53× | ||
| Q3 25 | 1.45× | 0.57× | ||
| Q2 25 | 1.57× | 0.58× | ||
| Q1 25 | 1.70× | 0.60× | ||
| Q4 24 | 1.73× | 0.57× | ||
| Q3 24 | 1.81× | 0.44× | ||
| Q2 24 | 1.91× | 0.49× |
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 | $227.0M |
| 自由现金流经营现金流 - 资本支出 | $-255.7M | — |
| 自由现金流率自由现金流/营收 | -10.1% | — |
| 资本支出强度资本支出/营收 | — | 40.4% |
| 现金转化率经营现金流/净利润 | — | 0.15× |
| 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CWKMLM
| Q1 26 | $-243.5M | $227.0M | ||
| Q4 25 | $257.3M | $629.0M | ||
| Q3 25 | $235.5M | $551.0M | ||
| Q2 25 | $9.6M | $387.0M | ||
| Q1 25 | $-162.0M | $218.0M | ||
| Q4 24 | $115.2M | $686.0M | ||
| Q3 24 | $196.1M | $600.0M | ||
| Q2 24 | $21.8M | $1.0M |
自由现金流CWKMLM
| Q1 26 | $-255.7M | — | ||
| Q4 25 | $234.3M | $424.0M | ||
| Q3 25 | $225.0M | $361.0M | ||
| Q2 25 | $300.0K | $208.0M | ||
| Q1 25 | $-166.6M | $-15.0M | ||
| Q4 24 | $105.9M | $453.0M | ||
| Q3 24 | $186.7M | $317.0M | ||
| Q2 24 | $10.0M | $-138.0M |
自由现金流率CWKMLM
| Q1 26 | -10.1% | — | ||
| Q4 25 | 8.0% | 37.2% | ||
| Q3 25 | 8.6% | 19.6% | ||
| Q2 25 | 0.0% | 11.5% | ||
| Q1 25 | -7.3% | -1.1% | ||
| Q4 24 | 4.0% | 27.8% | ||
| Q3 24 | 8.0% | 16.8% | ||
| Q2 24 | 0.4% | -7.8% |
资本支出强度CWKMLM
| Q1 26 | — | 40.4% | ||
| Q4 25 | 0.8% | 18.0% | ||
| Q3 25 | 0.4% | 10.3% | ||
| Q2 25 | 0.4% | 9.9% | ||
| Q1 25 | 0.2% | 17.2% | ||
| Q4 24 | 0.4% | 14.3% | ||
| Q3 24 | 0.4% | 15.0% | ||
| Q2 24 | 0.5% | 7.9% |
现金转化率CWKMLM
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 2.25× | ||
| Q3 25 | 4.58× | 1.33× | ||
| Q2 25 | 0.17× | 1.18× | ||
| Q1 25 | -85.26× | 1.88× | ||
| Q4 24 | 1.02× | 2.34× | ||
| Q3 24 | 5.82× | 1.65× | ||
| Q2 24 | 1.61× | 0.00× |
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% |
MLM
暂无分部数据
