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仲量联行（JLL）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
仲量联行的季度营收约是Opendoor Technologies Inc.的10.3倍（$7.6B vs $736.0M）。仲量联行净利率更高（5.3% vs -148.9%，领先154.2%）。仲量联行同比增速更快（11.7% vs -32.1%）。过去两年仲量联行的营收复合增速更高（21.9% vs -21.1%）
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。
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。
JLL vs OPEN — 直观对比
营收规模更大
JLL
是对方的10.3倍
$736.0M
营收增速更快
JLL
高出43.8%
-32.1%
净利率更高
JLL
高出154.2%
-148.9%
两年增速更快
JLL
近两年复合增速
-21.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $736.0M |
| 净利润 | $401.8M | $-1.1B |
| 毛利率 | — | 7.7% |
| 营业利润率 | 6.7% | -20.4% |
| 净利率 | 5.3% | -148.9% |
| 营收同比 | 11.7% | -32.1% |
| 净利润同比 | 66.6% | -869.9% |
| 每股收益（稀释后） | $8.33 | $-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JLLOPEN
| Q4 25 | $7.6B | $736.0M | ||
| Q3 25 | $6.5B | $915.0M | ||
| Q2 25 | $6.3B | $1.6B | ||
| Q1 25 | $5.7B | $1.2B | ||
| Q4 24 | $6.8B | $1.1B | ||
| Q3 24 | $5.9B | $1.4B | ||
| Q2 24 | $5.6B | $1.5B | ||
| Q1 24 | $5.1B | $1.2B |
净利润JLLOPEN
| Q4 25 | $401.8M | $-1.1B | ||
| Q3 25 | $222.4M | $-90.0M | ||
| Q2 25 | $110.5M | $-29.0M | ||
| Q1 25 | $57.5M | $-85.0M | ||
| Q4 24 | $241.2M | $-113.0M | ||
| Q3 24 | $155.1M | $-78.0M | ||
| Q2 24 | $84.4M | $-92.0M | ||
| Q1 24 | $66.1M | $-109.0M |
毛利率JLLOPEN
| 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JLLOPEN
| Q4 25 | 6.7% | -20.4% | ||
| Q3 25 | 4.2% | -7.4% | ||
| Q2 25 | 3.2% | -0.8% | ||
| Q1 25 | 2.1% | -4.9% | ||
| Q4 24 | 5.5% | -8.7% | ||
| Q3 24 | 3.9% | -4.9% | ||
| Q2 24 | 2.7% | -4.8% | ||
| Q1 24 | 2.2% | -7.4% |
净利率JLLOPEN
| Q4 25 | 5.3% | -148.9% | ||
| Q3 25 | 3.4% | -9.8% | ||
| Q2 25 | 1.8% | -1.9% | ||
| Q1 25 | 1.0% | -7.4% | ||
| Q4 24 | 3.5% | -10.4% | ||
| Q3 24 | 2.6% | -5.7% | ||
| Q2 24 | 1.5% | -6.1% | ||
| Q1 24 | 1.3% | -9.2% |
每股收益（稀释后）JLLOPEN
| Q4 25 | $8.33 | $-1.42 | ||
| Q3 25 | $4.61 | $-0.12 | ||
| Q2 25 | $2.32 | $-0.04 | ||
| Q1 25 | $1.14 | $-0.12 | ||
| Q4 24 | $4.98 | $-0.16 | ||
| Q3 24 | $3.20 | $-0.11 | ||
| Q2 24 | $1.75 | $-0.13 | ||
| Q1 24 | $1.37 | $-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 | $599.1M | $962.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.5B | $1.0B |
| 总资产 | $17.8B | $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JLLOPEN
| Q4 25 | $599.1M | $962.0M | ||
| Q3 25 | $428.9M | $962.0M | ||
| Q2 25 | $401.4M | $789.0M | ||
| Q1 25 | $432.4M | $559.0M | ||
| Q4 24 | $416.3M | $679.0M | ||
| Q3 24 | $437.8M | $837.0M | ||
| Q2 24 | $424.4M | $809.0M | ||
| Q1 24 | $396.7M | $990.0M |
股东权益JLLOPEN
| Q4 25 | $7.5B | $1.0B | ||
| Q3 25 | $7.2B | $811.0M | ||
| Q2 25 | $7.0B | $631.0M | ||
| Q1 25 | $6.8B | $645.0M | ||
| Q4 24 | $6.8B | $713.0M | ||
| Q3 24 | $6.6B | $801.0M | ||
| Q2 24 | $6.4B | $845.0M | ||
| Q1 24 | $6.3B | $899.0M |
总资产JLLOPEN
| Q4 25 | $17.8B | $2.4B | ||
| Q3 25 | $17.2B | $2.7B | ||
| Q2 25 | $17.3B | $2.9B | ||
| Q1 25 | $16.6B | $3.3B | ||
| Q4 24 | $16.8B | $3.1B | ||
| Q3 24 | $17.8B | $3.4B | ||
| Q2 24 | $15.9B | $3.4B | ||
| Q1 24 | $15.5B | $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 | $1.0B | $70.0M |
| 自由现金流经营现金流 - 资本支出 | — | $67.0M |
| 自由现金流率自由现金流/营收 | — | 9.1% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 2.52× | — |
| 过去12个月自由现金流最近4个季度 | — | $1.0B |
8季度趋势，按日历期对齐
经营现金流JLLOPEN
| Q4 25 | $1.0B | $70.0M | ||
| Q3 25 | $617.1M | $435.0M | ||
| Q2 25 | $332.8M | $823.0M | ||
| Q1 25 | $-767.6M | $-279.0M | ||
| Q4 24 | $927.3M | $-80.0M | ||
| Q3 24 | $261.6M | $62.0M | ||
| Q2 24 | $273.9M | $-399.0M | ||
| Q1 24 | $-677.5M | $-178.0M |
自由现金流JLLOPEN
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $432.0M | ||
| Q2 25 | — | $821.0M | ||
| Q1 25 | — | $-283.0M | ||
| Q4 24 | — | $-83.0M | ||
| Q3 24 | — | $56.0M | ||
| Q2 24 | — | $-407.0M | ||
| Q1 24 | — | $-186.0M |
自由现金流率JLLOPEN
| Q4 25 | — | 9.1% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | -24.5% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | -26.9% | ||
| Q1 24 | — | -15.7% |
资本支出强度JLLOPEN
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.7% |
现金转化率JLLOPEN
| Q4 25 | 2.52× | — | ||
| Q3 25 | 2.77× | — | ||
| Q2 25 | 3.01× | — | ||
| Q1 25 | -13.35× | — | ||
| Q4 24 | 3.84× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 3.25× | — | ||
| Q1 24 | -10.25× | — |
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
| Workplace Management | $3.8B | 50% |
| Project Management | $1.1B | 15% |
| Leasing Advisory | $1.0B | 13% |
| Leasing | $964.9M | 13% |
| Property Management | $480.2M | 6% |
| Portfolio Services And Other | $152.1M | 2% |
| Advisory Fees | $98.1M | 1% |
| Loan Servicing | $42.2M | 1% |
| Transaction Fees Other | $16.4M | 0% |
OPEN
暂无分部数据
