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EPAM Systems（EPAM）与NEWMARK GROUP, INC.（NMRK）财务数据对比。点击上方公司名可切换其他公司
EPAM Systems的季度营收约是NEWMARK GROUP, INC.的1.6倍（$1.4B vs $859.5M），NEWMARK GROUP, INC.净利率更高（7.9% vs 7.8%，领先0.1%），NEWMARK GROUP, INC.同比增速更快（18.1% vs 12.8%），NEWMARK GROUP, INC.自由现金流更多（$608.8M vs $268.1M），过去两年NEWMARK GROUP, INC.的营收复合增速更高（38.2% vs 9.9%）
EPAM Systems是总部位于美国宾夕法尼亚州纽敦的企业，核心业务涵盖软件工程服务、数字平台研发、数字产品设计三大板块，同时是MACH联盟的创始成员，在全球数字化服务赛道拥有深厚的技术积累与行业认可度。
纽马克集团是一家总部位于纽约的全球性商业地产咨询及服务企业，旗下业务以Newmark品牌开展，在纳斯达克全球精选市场上市，股票代码为NMRK，为全球客户提供商业地产领域的多元专业服务。
EPAM vs NMRK — 直观对比
营收规模更大
EPAM
是对方的1.6倍
$859.5M
营收增速更快
NMRK
高出5.4%
12.8%
净利率更高
NMRK
高出0.1%
7.8%
自由现金流更多
NMRK
多$340.7M
$268.1M
两年增速更快
NMRK
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $859.5M |
| 净利润 | $109.4M | $68.0M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | 14.4% |
| 净利率 | 7.8% | 7.9% |
| 营收同比 | 12.8% | 18.1% |
| 净利润同比 | 5.9% | 49.7% |
| 每股收益（稀释后） | $1.97 | $0.37 |
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EPAMNMRK
| Q4 25 | $1.4B | $859.5M | ||
| Q3 25 | $1.4B | $715.0M | ||
| Q2 25 | $1.4B | $639.6M | ||
| Q1 25 | $1.3B | $556.2M | ||
| Q4 24 | $1.2B | $727.5M | ||
| Q3 24 | $1.2B | $568.0M | ||
| Q2 24 | $1.1B | $527.3M | ||
| Q1 24 | $1.2B | $450.2M |
净利润EPAMNMRK
| Q4 25 | $109.4M | $68.0M | ||
| Q3 25 | $106.8M | $46.2M | ||
| Q2 25 | $88.0M | $20.8M | ||
| Q1 25 | $73.5M | $-8.8M | ||
| Q4 24 | $103.3M | $45.4M | ||
| Q3 24 | $136.3M | $17.8M | ||
| Q2 24 | $98.6M | $14.3M | ||
| Q1 24 | $116.2M | $-16.3M |
毛利率EPAMNMRK
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | 29.3% | — | ||
| Q1 24 | 28.4% | — |
营业利润率EPAMNMRK
| Q4 25 | 10.6% | 14.4% | ||
| Q3 25 | 10.4% | 11.9% | ||
| Q2 25 | 9.3% | 6.7% | ||
| Q1 25 | 7.6% | -3.1% | ||
| Q4 24 | 10.9% | 14.3% | ||
| Q3 24 | 15.2% | 7.2% | ||
| Q2 24 | 10.5% | 7.7% | ||
| Q1 24 | 9.5% | -5.0% |
净利率EPAMNMRK
| Q4 25 | 7.8% | 7.9% | ||
| Q3 25 | 7.7% | 6.5% | ||
| Q2 25 | 6.5% | 3.3% | ||
| Q1 25 | 5.6% | -1.6% | ||
| Q4 24 | 8.3% | 6.2% | ||
| Q3 24 | 11.7% | 3.1% | ||
| Q2 24 | 8.6% | 2.7% | ||
| Q1 24 | 10.0% | -3.6% |
每股收益（稀释后）EPAMNMRK
| Q4 25 | $1.97 | $0.37 | ||
| Q3 25 | $1.91 | $0.25 | ||
| Q2 25 | $1.56 | $0.11 | ||
| Q1 25 | $1.28 | $-0.05 | ||
| Q4 24 | $1.80 | $0.25 | ||
| Q3 24 | $2.37 | $0.10 | ||
| Q2 24 | $1.70 | $0.08 | ||
| Q1 24 | $1.97 | $-0.09 |
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 | $1.3B | $229.1M |
| 总债务越低越好 | — | $671.7M |
| 股东权益账面价值 | $3.7B | $1.5B |
| 总资产 | $4.9B | $5.0B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资EPAMNMRK
| Q4 25 | $1.3B | $229.1M | ||
| Q3 25 | $1.2B | $224.1M | ||
| Q2 25 | $1.0B | $195.8M | ||
| Q1 25 | $1.2B | $157.1M | ||
| Q4 24 | $1.3B | $197.7M | ||
| Q3 24 | $2.1B | $178.6M | ||
| Q2 24 | $1.8B | $176.4M | ||
| Q1 24 | $2.0B | $140.9M |
总债务EPAMNMRK
| Q4 25 | — | $671.7M | ||
| Q3 25 | — | $746.5M | ||
| Q2 25 | — | $871.2M | ||
| Q1 25 | — | $770.9M | ||
| Q4 24 | — | $670.7M | ||
| Q3 24 | — | $770.4M | ||
| Q2 24 | — | $745.2M | ||
| Q1 24 | — | $670.2M |
股东权益EPAMNMRK
| Q4 25 | $3.7B | $1.5B | ||
| Q3 25 | $3.7B | $1.4B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $3.6B | $1.3B | ||
| Q4 24 | $3.6B | $1.2B | ||
| Q3 24 | $3.6B | $1.2B | ||
| Q2 24 | $3.4B | $1.2B | ||
| Q1 24 | $3.5B | $1.2B |
总资产EPAMNMRK
| Q4 25 | $4.9B | $5.0B | ||
| Q3 25 | $4.8B | $5.5B | ||
| Q2 25 | $4.7B | $5.4B | ||
| Q1 25 | $4.7B | $4.8B | ||
| Q4 24 | $4.8B | $4.7B | ||
| Q3 24 | $4.5B | $5.0B | ||
| Q2 24 | $4.2B | $4.8B | ||
| Q1 24 | $4.4B | $4.4B |
负债/权益比EPAMNMRK
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.54× |
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 | $282.9M | $618.5M |
| 自由现金流经营现金流 - 资本支出 | $268.1M | $608.8M |
| 自由现金流率自由现金流/营收 | 19.0% | 70.8% |
| 资本支出强度资本支出/营收 | 1.1% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.59× | 9.10× |
| 过去12个月自由现金流最近4个季度 | $612.7M | $142.6M |
8季度趋势，按日历期对齐
经营现金流EPAMNMRK
| Q4 25 | $282.9M | $618.5M | ||
| Q3 25 | $294.7M | $112.6M | ||
| Q2 25 | $53.2M | $-379.7M | ||
| Q1 25 | $24.2M | $-179.4M | ||
| Q4 24 | $130.3M | $402.6M | ||
| Q3 24 | $242.0M | $-85.2M | ||
| Q2 24 | $57.0M | $-258.5M | ||
| Q1 24 | $129.9M | $-68.8M |
自由现金流EPAMNMRK
| Q4 25 | $268.1M | $608.8M | ||
| Q3 25 | $286.4M | $104.9M | ||
| Q2 25 | $43.4M | $-386.2M | ||
| Q1 25 | $14.8M | $-184.8M | ||
| Q4 24 | $114.5M | $396.6M | ||
| Q3 24 | $237.0M | $-94.4M | ||
| Q2 24 | $52.3M | $-267.8M | ||
| Q1 24 | $123.2M | $-75.8M |
自由现金流率EPAMNMRK
| Q4 25 | 19.0% | 70.8% | ||
| Q3 25 | 20.5% | 14.7% | ||
| Q2 25 | 3.2% | -60.4% | ||
| Q1 25 | 1.1% | -33.2% | ||
| Q4 24 | 9.2% | 54.5% | ||
| Q3 24 | 20.3% | -16.6% | ||
| Q2 24 | 4.6% | -50.8% | ||
| Q1 24 | 10.6% | -16.8% |
资本支出强度EPAMNMRK
| Q4 25 | 1.1% | 1.1% | ||
| Q3 25 | 0.6% | 1.1% | ||
| Q2 25 | 0.7% | 1.0% | ||
| Q1 25 | 0.7% | 1.0% | ||
| Q4 24 | 1.3% | 0.8% | ||
| Q3 24 | 0.4% | 1.6% | ||
| Q2 24 | 0.4% | 1.8% | ||
| Q1 24 | 0.6% | 1.6% |
现金转化率EPAMNMRK
| Q4 25 | 2.59× | 9.10× | ||
| Q3 25 | 2.76× | 2.44× | ||
| Q2 25 | 0.60× | -18.24× | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.26× | 8.86× | ||
| Q3 24 | 1.77× | -4.79× | ||
| Q2 24 | 0.58× | -18.10× | ||
| Q1 24 | 1.12× | — |
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
EPAM
暂无分部数据
NMRK
| Management Services | $263.1M | 31% |
| Investment Advice | $200.1M | 23% |
| Mortgage Brokerage And Debt Placement | $83.1M | 10% |
| Servicing Fees And Other | $80.7M | 9% |
| GB | $69.0M | 8% |
| Other Geographical Areas | $63.6M | 7% |
| Servicing | $36.2M | 4% |
| Other | $34.2M | 4% |
| Loan Originations Related Fees And Sales Premiums Net | $29.6M | 3% |
