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戴德梁行（CWK）与Urban Edge Properties（UE）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Urban Edge Properties的24.4倍（$2.9B vs $119.6M）。Urban Edge Properties净利率更高（10.4% vs -0.8%，领先11.2%）。戴德梁行同比增速更快（10.8% vs 2.7%）。戴德梁行自由现金流更多（$234.3M vs $24.2M）。过去两年戴德梁行的营收复合增速更高（15.5% vs 4.4%）
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。
Urban Edge Properties是一家上市房地产投资信托，主要在美国人口密集的城市及郊区市场持有、运营和开发优质零售及混合用途物业，投资组合涵盖生鲜超市锚定的购物中心、生活类商业网点等面向本地社区的资产。
CWK vs UE — 直观对比
营收规模更大
CWK
是对方的24.4倍
$119.6M
营收增速更快
CWK
高出8.1%
2.7%
净利率更高
UE
高出11.2%
-0.8%
自由现金流更多
CWK
多$210.1M
$24.2M
两年增速更快
CWK
近两年复合增速
4.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $119.6M |
| 净利润 | $-22.4M | $12.4M |
| 毛利率 | — | — |
| 营业利润率 | 6.1% | 11.3% |
| 净利率 | -0.8% | 10.4% |
| 营收同比 | 10.8% | 2.7% |
| 净利润同比 | -119.8% | -58.8% |
| 每股收益（稀释后） | $-0.10 | $0.09 |
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CWKUE
| Q4 25 | $2.9B | $119.6M | ||
| Q3 25 | $2.6B | $120.1M | ||
| Q2 25 | $2.5B | $114.1M | ||
| Q1 25 | $2.3B | $118.2M | ||
| Q4 24 | $2.6B | $116.4M | ||
| Q3 24 | $2.3B | $112.4M | ||
| Q2 24 | $2.3B | $106.5M | ||
| Q1 24 | $2.2B | $109.6M |
净利润CWKUE
| Q4 25 | $-22.4M | $12.4M | ||
| Q3 25 | $51.4M | $14.9M | ||
| Q2 25 | $57.3M | $58.0M | ||
| Q1 25 | $1.9M | $8.2M | ||
| Q4 24 | $112.9M | $30.1M | ||
| Q3 24 | $33.7M | $9.1M | ||
| Q2 24 | $13.5M | $30.8M | ||
| Q1 24 | $-28.8M | $2.6M |
营业利润率CWKUE
| Q4 25 | 6.1% | 11.3% | ||
| Q3 25 | 4.1% | 13.4% | ||
| Q2 25 | 4.9% | 53.9% | ||
| Q1 25 | 2.0% | 7.6% | ||
| Q4 24 | 6.6% | 27.6% | ||
| Q3 24 | 3.2% | 8.9% | ||
| Q2 24 | 3.1% | 30.6% | ||
| Q1 24 | 0.9% | 2.8% |
净利率CWKUE
| Q4 25 | -0.8% | 10.4% | ||
| Q3 25 | 2.0% | 12.4% | ||
| Q2 25 | 2.3% | 50.8% | ||
| Q1 25 | 0.1% | 6.9% | ||
| Q4 24 | 4.3% | 25.9% | ||
| Q3 24 | 1.4% | 8.1% | ||
| Q2 24 | 0.6% | 28.9% | ||
| Q1 24 | -1.3% | 2.4% |
每股收益（稀释后）CWKUE
| Q4 25 | $-0.10 | $0.09 | ||
| Q3 25 | $0.22 | $0.12 | ||
| Q2 25 | $0.25 | $0.46 | ||
| Q1 25 | $0.01 | $0.07 | ||
| Q4 24 | $0.49 | $0.25 | ||
| Q3 24 | $0.14 | $0.07 | ||
| Q2 24 | $0.06 | $0.26 | ||
| Q1 24 | $-0.13 | $0.02 |
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 | $48.9M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $2.0B | $1.4B |
| 总资产 | $7.7B | $3.3B |
| 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CWKUE
| Q4 25 | $784.2M | $48.9M | ||
| Q3 25 | $634.4M | $77.8M | ||
| Q2 25 | $618.2M | $53.0M | ||
| Q1 25 | $623.2M | $48.0M | ||
| Q4 24 | $793.3M | $41.4M | ||
| Q3 24 | $775.4M | $67.9M | ||
| Q2 24 | $567.3M | $78.6M | ||
| Q1 24 | $553.5M | $67.3M |
总债务CWKUE
| 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CWKUE
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.6B | $1.3B | ||
| Q1 24 | $1.6B | $1.2B |
总资产CWKUE
| Q4 25 | $7.7B | $3.3B | ||
| Q3 25 | $7.7B | $3.3B | ||
| Q2 25 | $7.6B | $3.3B | ||
| Q1 25 | $7.4B | $3.3B | ||
| Q4 24 | $7.5B | $3.3B | ||
| Q3 24 | $7.5B | $3.2B | ||
| Q2 24 | $7.3B | $3.2B | ||
| Q1 24 | $7.5B | $3.2B |
负债/权益比CWKUE
| 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 | $51.0M |
| 自由现金流经营现金流 - 资本支出 | $234.3M | $24.2M |
| 自由现金流率自由现金流/营收 | 8.0% | 20.2% |
| 资本支出强度资本支出/营收 | 0.8% | 22.4% |
| 现金转化率经营现金流/净利润 | — | 4.10× |
| 过去12个月自由现金流最近4个季度 | $293.0M | $81.8M |
8季度趋势，按日历期对齐
经营现金流CWKUE
| Q4 25 | $257.3M | $51.0M | ||
| Q3 25 | $235.5M | $55.7M | ||
| Q2 25 | $9.6M | $43.5M | ||
| Q1 25 | $-162.0M | $32.6M | ||
| Q4 24 | $115.2M | $52.4M | ||
| Q3 24 | $196.1M | $36.6M | ||
| Q2 24 | $21.8M | $41.2M | ||
| Q1 24 | $-125.1M | $22.9M |
自由现金流CWKUE
| Q4 25 | $234.3M | $24.2M | ||
| Q3 25 | $225.0M | $26.1M | ||
| Q2 25 | $300.0K | $19.6M | ||
| Q1 25 | $-166.6M | $11.9M | ||
| Q4 24 | $105.9M | $7.8M | ||
| Q3 24 | $186.7M | $12.2M | ||
| Q2 24 | $10.0M | $19.9M | ||
| Q1 24 | $-135.6M | $2.7M |
自由现金流率CWKUE
| Q4 25 | 8.0% | 20.2% | ||
| Q3 25 | 8.6% | 21.7% | ||
| Q2 25 | 0.0% | 17.2% | ||
| Q1 25 | -7.3% | 10.0% | ||
| Q4 24 | 4.0% | 6.7% | ||
| Q3 24 | 8.0% | 10.8% | ||
| Q2 24 | 0.4% | 18.6% | ||
| Q1 24 | -6.2% | 2.5% |
资本支出强度CWKUE
| Q4 25 | 0.8% | 22.4% | ||
| Q3 25 | 0.4% | 24.6% | ||
| Q2 25 | 0.4% | 20.9% | ||
| Q1 25 | 0.2% | 17.5% | ||
| Q4 24 | 0.4% | 38.4% | ||
| Q3 24 | 0.4% | 21.7% | ||
| Q2 24 | 0.5% | 20.1% | ||
| Q1 24 | 0.5% | 18.4% |
现金转化率CWKUE
| Q4 25 | — | 4.10× | ||
| Q3 25 | 4.58× | 3.73× | ||
| Q2 25 | 0.17× | 0.75× | ||
| Q1 25 | -85.26× | 3.97× | ||
| Q4 24 | 1.02× | 1.74× | ||
| Q3 24 | 5.82× | 4.03× | ||
| Q2 24 | 1.61× | 1.34× | ||
| Q1 24 | — | 8.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
