vs
仲量联行（JLL）与KOHLS Corp（KSS）财务数据对比。点击上方公司名可切换其他公司
仲量联行的季度营收约是KOHLS Corp的1.8倍（$6.4B vs $3.6B），仲量联行净利率更高（2.5% vs 0.2%，领先2.3%），仲量联行同比增速更快（11.1% vs -3.6%），KOHLS Corp自由现金流更多（$16.0M vs $-819.9M），过去两年仲量联行的营收复合增速更高（6.5% vs -22.5%）
仲量联行（JLL）是总部位于美国芝加哥的全球知名房地产服务企业，位列《财富》世界500强第188位，在80个国家设有办事处，面向机构投资者、散户投资者及高净值人群提供全球投资管理服务，同时通过JLL Technologies推出科技产品，旗下PropTech基金JLL Spark主营地产科技领域风险投资。
科尔士（Kohl's）是美国知名连锁百货零售商，目前在全美除夏威夷外的各州共开设1174家门店。品牌由波兰移民麦克斯韦·科尔创立，1927年他在威斯康星州密尔沃基开设了一家街角杂货店，在当地发展为成功的连锁品牌后，1962年公司开设首家百货门店，正式进军百货零售领域。
JLL vs KSS — 直观对比
营收规模更大
JLL
是对方的1.8倍
$3.6B
营收增速更快
JLL
高出14.8%
-3.6%
净利率更高
JLL
高出2.3%
0.2%
自由现金流更多
KSS
多$835.9M
$-819.9M
两年增速更快
JLL
近两年复合增速
-22.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $3.6B |
| 净利润 | $159.0M | $8.0M |
| 毛利率 | — | 42.4% |
| 营业利润率 | 3.2% | 2.0% |
| 净利率 | 2.5% | 0.2% |
| 营收同比 | 11.1% | -3.6% |
| 净利润同比 | — | -63.6% |
| 每股收益（稀释后） | $3.33 | $0.07 |
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JLLKSS
| Q1 26 | $6.4B | — | ||
| Q4 25 | $7.6B | $3.6B | ||
| Q3 25 | $6.5B | $3.5B | ||
| Q2 25 | $6.3B | $3.2B | ||
| Q1 25 | $5.7B | $5.4B | ||
| Q4 24 | $6.8B | $3.7B | ||
| Q3 24 | $5.9B | $3.7B | ||
| Q2 24 | $5.6B | $3.4B |
净利润JLLKSS
| Q1 26 | $159.0M | — | ||
| Q4 25 | $401.8M | $8.0M | ||
| Q3 25 | $222.4M | $153.0M | ||
| Q2 25 | $110.5M | $-15.0M | ||
| Q1 25 | $57.5M | $48.0M | ||
| Q4 24 | $241.2M | $22.0M | ||
| Q3 24 | $155.1M | $66.0M | ||
| Q2 24 | $84.4M | $-27.0M |
毛利率JLLKSS
| Q1 26 | — | — | ||
| Q4 25 | — | 42.4% | ||
| Q3 25 | — | 43.3% | ||
| Q2 25 | — | 43.3% | ||
| Q1 25 | — | 35.6% | ||
| Q4 24 | — | 42.4% | ||
| Q3 24 | — | 43.0% | ||
| Q2 24 | — | 43.1% |
营业利润率JLLKSS
| Q1 26 | 3.2% | — | ||
| Q4 25 | 6.7% | 2.0% | ||
| Q3 25 | 4.2% | 7.9% | ||
| Q2 25 | 3.2% | 1.9% | ||
| Q1 25 | 2.1% | 2.3% | ||
| Q4 24 | 5.5% | 2.6% | ||
| Q3 24 | 3.9% | 4.4% | ||
| Q2 24 | 2.7% | 1.3% |
净利率JLLKSS
| Q1 26 | 2.5% | — | ||
| Q4 25 | 5.3% | 0.2% | ||
| Q3 25 | 3.4% | 4.3% | ||
| Q2 25 | 1.8% | -0.5% | ||
| Q1 25 | 1.0% | 0.9% | ||
| Q4 24 | 3.5% | 0.6% | ||
| Q3 24 | 2.6% | 1.8% | ||
| Q2 24 | 1.5% | -0.8% |
每股收益（稀释后）JLLKSS
| Q1 26 | $3.33 | — | ||
| Q4 25 | $8.33 | $0.07 | ||
| Q3 25 | $4.61 | $1.35 | ||
| Q2 25 | $2.32 | $-0.13 | ||
| Q1 25 | $1.14 | $0.43 | ||
| Q4 24 | $4.98 | $0.20 | ||
| Q3 24 | $3.20 | $0.59 | ||
| Q2 24 | $1.75 | $-0.24 |
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 | $436.2M | $144.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.4B | $3.9B |
| 总资产 | $17.9B | $14.1B |
| 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JLLKSS
| Q1 26 | $436.2M | — | ||
| Q4 25 | $599.1M | $144.0M | ||
| Q3 25 | $428.9M | $174.0M | ||
| Q2 25 | $401.4M | $153.0M | ||
| Q1 25 | $432.4M | $134.0M | ||
| Q4 24 | $416.3M | $174.0M | ||
| Q3 24 | $437.8M | $231.0M | ||
| Q2 24 | $424.4M | $228.0M |
股东权益JLLKSS
| Q1 26 | $7.4B | — | ||
| Q4 25 | $7.5B | $3.9B | ||
| Q3 25 | $7.2B | $3.9B | ||
| Q2 25 | $7.0B | $3.8B | ||
| Q1 25 | $6.8B | $3.8B | ||
| Q4 24 | $6.8B | $3.8B | ||
| Q3 24 | $6.6B | $3.8B | ||
| Q2 24 | $6.4B | $3.8B |
总资产JLLKSS
| Q1 26 | $17.9B | — | ||
| Q4 25 | $17.8B | $14.1B | ||
| Q3 25 | $17.2B | $13.4B | ||
| Q2 25 | $17.3B | $13.6B | ||
| Q1 25 | $16.6B | $13.6B | ||
| Q4 24 | $16.8B | $15.1B | ||
| Q3 24 | $17.8B | $14.2B | ||
| Q2 24 | $15.9B | $14.3B |
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 | $-17.7M | $124.0M |
| 自由现金流经营现金流 - 资本支出 | $-819.9M | $16.0M |
| 自由现金流率自由现金流/营收 | -12.8% | 0.4% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 现金转化率经营现金流/净利润 | -0.11× | 15.50× |
| 过去12个月自由现金流最近4个季度 | — | $819.0M |
8季度趋势，按日历期对齐
经营现金流JLLKSS
| Q1 26 | $-17.7M | — | ||
| Q4 25 | $1.0B | $124.0M | ||
| Q3 25 | $617.1M | $598.0M | ||
| Q2 25 | $332.8M | $-92.0M | ||
| Q1 25 | $-767.6M | $596.0M | ||
| Q4 24 | $927.3M | $-195.0M | ||
| Q3 24 | $261.6M | $254.0M | ||
| Q2 24 | $273.9M | $-7.0M |
自由现金流JLLKSS
| Q1 26 | $-819.9M | — | ||
| Q4 25 | — | $16.0M | ||
| Q3 25 | — | $508.0M | ||
| Q2 25 | — | $-202.0M | ||
| Q1 25 | — | $497.0M | ||
| Q4 24 | — | $-323.0M | ||
| Q3 24 | — | $141.0M | ||
| Q2 24 | — | $-133.0M |
自由现金流率JLLKSS
| Q1 26 | -12.8% | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | -6.2% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | -3.9% |
资本支出强度JLLKSS
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 3.7% |
现金转化率JLLKSS
| Q1 26 | -0.11× | — | ||
| Q4 25 | 2.52× | 15.50× | ||
| Q3 25 | 2.77× | 3.91× | ||
| Q2 25 | 3.01× | — | ||
| Q1 25 | -13.35× | 12.42× | ||
| Q4 24 | 3.84× | -8.86× | ||
| Q3 24 | 1.69× | 3.85× | ||
| Q2 24 | 3.25× | — |
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
JLL
| Real Estate Management Services | $5.1B | 79% |
| Leasing Advisory | $686.3M | 11% |
| Capital Markets Services | $535.2M | 8% |
| Investment Management | $99.3M | 2% |
KSS
| Products | $3.4B | 95% |
| Other | $168.0M | 5% |
| Gift Card | $17.0M | 0% |
