vs
戴德梁行（CWK）与Millrose Properties, Inc.（MRP）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Millrose Properties, Inc.的15.4倍（$2.9B vs $189.5M）。Millrose Properties, Inc.净利率更高（64.5% vs -0.8%，领先65.3%）
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。
Millrose Properties, Inc.是一家总部位于美国的房地产企业，主要从事创收型多户住宅资产的收购、持有、运营与管理业务，核心市场覆盖美国中大西洋及东南部区域，同时也为选定的第三方物业所有者提供专业物业管理服务。
CWK vs MRP — 直观对比
营收规模更大
CWK
是对方的15.4倍
$189.5M
净利率更高
MRP
高出65.3%
-0.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $189.5M |
| 净利润 | $-22.4M | $122.2M |
| 毛利率 | — | — |
| 营业利润率 | 6.1% | 84.8% |
| 净利率 | -0.8% | 64.5% |
| 营收同比 | 10.8% | — |
| 净利润同比 | -119.8% | 285.8% |
| 每股收益（稀释后） | $-0.10 | $0.74 |
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CWKMRP
| Q4 25 | $2.9B | $189.5M | ||
| Q3 25 | $2.6B | $179.3M | ||
| Q2 25 | $2.5B | $149.0M | ||
| Q1 25 | $2.3B | $82.7M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $2.2B | — |
净利润CWKMRP
| Q4 25 | $-22.4M | $122.2M | ||
| Q3 25 | $51.4M | $105.1M | ||
| Q2 25 | $57.3M | $112.8M | ||
| Q1 25 | $1.9M | $39.8M | ||
| Q4 24 | $112.9M | — | ||
| Q3 24 | $33.7M | — | ||
| Q2 24 | $13.5M | — | ||
| Q1 24 | $-28.8M | — |
营业利润率CWKMRP
| Q4 25 | 6.1% | 84.8% | ||
| Q3 25 | 4.1% | 85.3% | ||
| Q2 25 | 4.9% | 85.1% | ||
| Q1 25 | 2.0% | 55.2% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 0.9% | — |
净利率CWKMRP
| Q4 25 | -0.8% | 64.5% | ||
| Q3 25 | 2.0% | 58.6% | ||
| Q2 25 | 2.3% | 75.7% | ||
| Q1 25 | 0.1% | 48.1% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | -1.3% | — |
每股收益（稀释后）CWKMRP
| Q4 25 | $-0.10 | $0.74 | ||
| Q3 25 | $0.22 | $0.63 | ||
| Q2 25 | $0.25 | $0.68 | ||
| Q1 25 | $0.01 | $0.39 | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $0.14 | — | ||
| Q2 24 | $0.06 | — | ||
| Q1 24 | $-0.13 | — |
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 | $35.0M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $2.0B | $5.9B |
| 总资产 | $7.7B | $9.3B |
| 负债/权益比越低杠杆越低 | 1.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CWKMRP
| Q4 25 | $784.2M | $35.0M | ||
| Q3 25 | $634.4M | $242.6M | ||
| Q2 25 | $618.2M | $66.6M | ||
| Q1 25 | $623.2M | $89.5M | ||
| Q4 24 | $793.3M | — | ||
| Q3 24 | $775.4M | — | ||
| Q2 24 | $567.3M | — | ||
| Q1 24 | $553.5M | — |
总债务CWKMRP
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.1B | — | ||
| Q1 24 | $3.2B | — |
股东权益CWKMRP
| Q4 25 | $2.0B | $5.9B | ||
| Q3 25 | $2.0B | $5.9B | ||
| Q2 25 | $1.9B | $5.9B | ||
| Q1 25 | $1.8B | $5.9B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
总资产CWKMRP
| Q4 25 | $7.7B | $9.3B | ||
| Q3 25 | $7.7B | $9.0B | ||
| Q2 25 | $7.6B | $8.0B | ||
| Q1 25 | $7.4B | $7.2B | ||
| Q4 24 | $7.5B | — | ||
| Q3 24 | $7.5B | — | ||
| Q2 24 | $7.3B | — | ||
| Q1 24 | $7.5B | — |
负债/权益比CWKMRP
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.70× | — | ||
| Q4 24 | 1.73× | — | ||
| Q3 24 | 1.81× | — | ||
| Q2 24 | 1.91× | — | ||
| Q1 24 | 1.96× | — |
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 | $3.4B |
| 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 | — | 27.97× |
| 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CWKMRP
| Q4 25 | $257.3M | $3.4B | ||
| Q3 25 | $235.5M | $123.1M | ||
| Q2 25 | $9.6M | $109.1M | ||
| Q1 25 | $-162.0M | $21.3M | ||
| Q4 24 | $115.2M | — | ||
| Q3 24 | $196.1M | — | ||
| Q2 24 | $21.8M | — | ||
| Q1 24 | $-125.1M | — |
自由现金流CWKMRP
| 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CWKMRP
| 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CWKMRP
| 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CWKMRP
| Q4 25 | — | 27.97× | ||
| Q3 25 | 4.58× | 1.17× | ||
| Q2 25 | 0.17× | 0.97× | ||
| Q1 25 | -85.26× | 0.53× | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 5.82× | — | ||
| Q2 24 | 1.61× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
