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Douglas Elliman Inc.（DOUG）与Opendoor Technologies Inc.（OPEN）财务数据对比。点击上方公司名可切换其他公司
Opendoor Technologies Inc.的季度营收约是Douglas Elliman Inc.的3.0倍（$736.0M vs $245.4M）。Douglas Elliman Inc.净利率更高（27.9% vs -148.9%，领先176.8%）。Douglas Elliman Inc.同比增速更快（0.9% vs -32.1%）。Opendoor Technologies Inc.自由现金流更多（$67.0M vs $-14.7M）。过去两年Douglas Elliman Inc.的营收复合增速更高（10.7% vs -21.1%）
Douglas Elliman Inc.是美国领先的住宅房地产经纪企业，提供高端房产买卖、租赁、物业管理及相关咨询服务，核心业务覆盖纽约、加州、佛罗里达、得克萨斯等都会区，主要服务高净值客户群体。
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
DOUG vs OPEN — 直观对比
营收规模更大
OPEN
是对方的3.0倍
$245.4M
营收增速更快
DOUG
高出33.0%
-32.1%
净利率更高
DOUG
高出176.8%
-148.9%
自由现金流更多
OPEN
多$81.7M
$-14.7M
两年增速更快
DOUG
近两年复合增速
-21.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $245.4M | $736.0M |
| 净利润 | $68.6M | $-1.1B |
| 毛利率 | — | 7.7% |
| 营业利润率 | 27.3% | -20.4% |
| 净利率 | 27.9% | -148.9% |
| 营收同比 | 0.9% | -32.1% |
| 净利润同比 | 1243.4% | -869.9% |
| 每股收益（稀释后） | $0.80 | $-1.42 |
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DOUGOPEN
| Q4 25 | $245.4M | $736.0M | ||
| Q3 25 | $262.8M | $915.0M | ||
| Q2 25 | $271.4M | $1.6B | ||
| Q1 25 | $253.4M | $1.2B | ||
| Q4 24 | $243.3M | $1.1B | ||
| Q3 24 | $266.3M | $1.4B | ||
| Q2 24 | $285.8M | $1.5B | ||
| Q1 24 | $200.2M | $1.2B |
净利润DOUGOPEN
| Q4 25 | $68.6M | $-1.1B | ||
| Q3 25 | $-24.7M | $-90.0M | ||
| Q2 25 | $-22.7M | $-29.0M | ||
| Q1 25 | $-6.0M | $-85.0M | ||
| Q4 24 | $-6.0M | $-113.0M | ||
| Q3 24 | $-27.2M | $-78.0M | ||
| Q2 24 | $-1.7M | $-92.0M | ||
| Q1 24 | $-41.5M | $-109.0M |
毛利率DOUGOPEN
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 9.7% |
营业利润率DOUGOPEN
| Q4 25 | 27.3% | -20.4% | ||
| Q3 25 | -4.1% | -7.4% | ||
| Q2 25 | -2.0% | -0.8% | ||
| Q1 25 | -2.1% | -4.9% | ||
| Q4 24 | -6.7% | -8.7% | ||
| Q3 24 | -2.8% | -4.9% | ||
| Q2 24 | -1.3% | -4.8% | ||
| Q1 24 | -20.7% | -7.4% |
净利率DOUGOPEN
| Q4 25 | 27.9% | -148.9% | ||
| Q3 25 | -9.4% | -9.8% | ||
| Q2 25 | -8.4% | -1.9% | ||
| Q1 25 | -2.4% | -7.4% | ||
| Q4 24 | -2.5% | -10.4% | ||
| Q3 24 | -10.2% | -5.7% | ||
| Q2 24 | -0.6% | -6.1% | ||
| Q1 24 | -20.7% | -9.2% |
每股收益（稀释后）DOUGOPEN
| Q4 25 | $0.80 | $-1.42 | ||
| Q3 25 | $-0.29 | $-0.12 | ||
| Q2 25 | $-0.27 | $-0.04 | ||
| Q1 25 | $-0.07 | $-0.12 | ||
| Q4 24 | $-0.06 | $-0.16 | ||
| Q3 24 | $-0.33 | $-0.11 | ||
| Q2 24 | $-0.02 | $-0.13 | ||
| Q1 24 | $-0.50 | $-0.16 |
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 | $115.5M | $962.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $183.9M | $1.0B |
| 总资产 | $444.4M | $2.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DOUGOPEN
| Q4 25 | $115.5M | $962.0M | ||
| Q3 25 | $143.0M | $962.0M | ||
| Q2 25 | $136.3M | $789.0M | ||
| Q1 25 | $136.8M | $559.0M | ||
| Q4 24 | $145.5M | $679.0M | ||
| Q3 24 | $151.4M | $837.0M | ||
| Q2 24 | $92.9M | $809.0M | ||
| Q1 24 | $91.5M | $990.0M |
股东权益DOUGOPEN
| Q4 25 | $183.9M | $1.0B | ||
| Q3 25 | $115.1M | $811.0M | ||
| Q2 25 | $137.6M | $631.0M | ||
| Q1 25 | $158.2M | $645.0M | ||
| Q4 24 | $162.2M | $713.0M | ||
| Q3 24 | $173.6M | $801.0M | ||
| Q2 24 | $196.9M | $845.0M | ||
| Q1 24 | $195.1M | $899.0M |
总资产DOUGOPEN
| Q4 25 | $444.4M | $2.4B | ||
| Q3 25 | $480.6M | $2.7B | ||
| Q2 25 | $489.0M | $2.9B | ||
| Q1 25 | $493.9M | $3.3B | ||
| Q4 24 | $493.9M | $3.1B | ||
| Q3 24 | $502.7M | $3.4B | ||
| Q2 24 | $463.9M | $3.4B | ||
| Q1 24 | $461.1M | $3.4B |
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 | $-14.4M | $70.0M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $67.0M |
| 自由现金流率自由现金流/营收 | -6.0% | 9.1% |
| 资本支出强度资本支出/营收 | 0.1% | 0.4% |
| 现金转化率经营现金流/净利润 | -0.21× | — |
| 过去12个月自由现金流最近4个季度 | $-17.2M | $1.0B |
8季度趋势，按日历期对齐
经营现金流DOUGOPEN
| Q4 25 | $-14.4M | $70.0M | ||
| Q3 25 | $5.5M | $435.0M | ||
| Q2 25 | $642.0K | $823.0M | ||
| Q1 25 | $-5.6M | $-279.0M | ||
| Q4 24 | $-9.0M | $-80.0M | ||
| Q3 24 | $9.0M | $62.0M | ||
| Q2 24 | $1.3M | $-399.0M | ||
| Q1 24 | $-27.3M | $-178.0M |
自由现金流DOUGOPEN
| Q4 25 | $-14.7M | $67.0M | ||
| Q3 25 | $4.7M | $432.0M | ||
| Q2 25 | $-575.0K | $821.0M | ||
| Q1 25 | $-6.7M | $-283.0M | ||
| Q4 24 | $-10.2M | $-83.0M | ||
| Q3 24 | $7.7M | $56.0M | ||
| Q2 24 | $432.0K | $-407.0M | ||
| Q1 24 | $-29.4M | $-186.0M |
自由现金流率DOUGOPEN
| Q4 25 | -6.0% | 9.1% | ||
| Q3 25 | 1.8% | 47.2% | ||
| Q2 25 | -0.2% | 52.4% | ||
| Q1 25 | -2.6% | -24.5% | ||
| Q4 24 | -4.2% | -7.7% | ||
| Q3 24 | 2.9% | 4.1% | ||
| Q2 24 | 0.2% | -26.9% | ||
| Q1 24 | -14.7% | -15.7% |
资本支出强度DOUGOPEN
| Q4 25 | 0.1% | 0.4% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.4% | 0.1% | ||
| Q1 25 | 0.4% | 0.3% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 0.3% | 0.5% | ||
| Q1 24 | 1.0% | 0.7% |
现金转化率DOUGOPEN
| Q4 25 | -0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
OPEN
暂无分部数据
