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仲量联行（JLL）与优步（UBER）财务数据对比。点击上方公司名可切换其他公司
优步的季度营收约是仲量联行的1.9倍（$14.4B vs $7.6B），仲量联行净利率更高（5.3% vs 2.1%，领先3.2%），优步同比增速更快（20.1% vs 11.7%），过去两年仲量联行的营收复合增速更高（21.9% vs 19.1%）
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。
优步是总部位于美国加利福尼亚州旧金山的跨国出行科技企业，核心业务涵盖网约车、快递、食品配送及货运服务，业务覆盖全球约70个国家和15000座城市，是全球规模最大的共享出行平台，月活用户超1.8亿，活跃司机及配送员超600万。
JLL vs UBER — 直观对比
营收规模更大
UBER
是对方的1.9倍
$7.6B
营收增速更快
UBER
高出8.4%
11.7%
净利率更高
JLL
高出3.2%
2.1%
两年增速更快
JLL
近两年复合增速
19.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $14.4B |
| 净利润 | $401.8M | $296.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.7% | 12.3% |
| 净利率 | 5.3% | 2.1% |
| 营收同比 | 11.7% | 20.1% |
| 净利润同比 | 66.6% | -95.7% |
| 每股收益（稀释后） | $8.33 | $0.16 |
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JLLUBER
| Q4 25 | $7.6B | $14.4B | ||
| Q3 25 | $6.5B | $13.5B | ||
| Q2 25 | $6.3B | $12.7B | ||
| Q1 25 | $5.7B | $11.5B | ||
| Q4 24 | $6.8B | $12.0B | ||
| Q3 24 | $5.9B | $11.2B | ||
| Q2 24 | $5.6B | $10.7B | ||
| Q1 24 | $5.1B | $10.1B |
净利润JLLUBER
| Q4 25 | $401.8M | $296.0M | ||
| Q3 25 | $222.4M | $6.6B | ||
| Q2 25 | $110.5M | $1.4B | ||
| Q1 25 | $57.5M | $1.8B | ||
| Q4 24 | $241.2M | $6.9B | ||
| Q3 24 | $155.1M | $2.6B | ||
| Q2 24 | $84.4M | $1.0B | ||
| Q1 24 | $66.1M | $-654.0M |
营业利润率JLLUBER
| Q4 25 | 6.7% | 12.3% | ||
| Q3 25 | 4.2% | 8.3% | ||
| Q2 25 | 3.2% | 11.5% | ||
| Q1 25 | 2.1% | 10.6% | ||
| Q4 24 | 5.5% | 6.4% | ||
| Q3 24 | 3.9% | 9.5% | ||
| Q2 24 | 2.7% | 7.4% | ||
| Q1 24 | 2.2% | 1.7% |
净利率JLLUBER
| Q4 25 | 5.3% | 2.1% | ||
| Q3 25 | 3.4% | 49.2% | ||
| Q2 25 | 1.8% | 10.7% | ||
| Q1 25 | 1.0% | 15.4% | ||
| Q4 24 | 3.5% | 57.6% | ||
| Q3 24 | 2.6% | 23.3% | ||
| Q2 24 | 1.5% | 9.5% | ||
| Q1 24 | 1.3% | -6.5% |
每股收益（稀释后）JLLUBER
| Q4 25 | $8.33 | $0.16 | ||
| Q3 25 | $4.61 | $3.11 | ||
| Q2 25 | $2.32 | $0.63 | ||
| Q1 25 | $1.14 | $0.83 | ||
| Q4 24 | $4.98 | $3.21 | ||
| Q3 24 | $3.20 | $1.20 | ||
| Q2 24 | $1.75 | $0.47 | ||
| Q1 24 | $1.37 | $-0.32 |
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 | $7.6B |
| 总债务越低越好 | — | $10.6B |
| 股东权益账面价值 | $7.5B | $27.0B |
| 总资产 | $17.8B | $61.8B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资JLLUBER
| Q4 25 | $599.1M | $7.6B | ||
| Q3 25 | $428.9M | $9.1B | ||
| Q2 25 | $401.4M | $7.4B | ||
| Q1 25 | $432.4M | $6.0B | ||
| Q4 24 | $416.3M | $7.0B | ||
| Q3 24 | $437.8M | $9.1B | ||
| Q2 24 | $424.4M | $6.3B | ||
| Q1 24 | $396.7M | $5.8B |
总债务JLLUBER
| Q4 25 | — | $10.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $9.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益JLLUBER
| Q4 25 | $7.5B | $27.0B | ||
| Q3 25 | $7.2B | $28.1B | ||
| Q2 25 | $7.0B | $22.6B | ||
| Q1 25 | $6.8B | $22.0B | ||
| Q4 24 | $6.8B | $21.6B | ||
| Q3 24 | $6.6B | $14.8B | ||
| Q2 24 | $6.4B | $12.3B | ||
| Q1 24 | $6.3B | $11.1B |
总资产JLLUBER
| Q4 25 | $17.8B | $61.8B | ||
| Q3 25 | $17.2B | $63.3B | ||
| Q2 25 | $17.3B | $56.0B | ||
| Q1 25 | $16.6B | $52.8B | ||
| Q4 24 | $16.8B | $51.2B | ||
| Q3 24 | $17.8B | $47.1B | ||
| Q2 24 | $15.9B | $41.5B | ||
| Q1 24 | $15.5B | $39.6B |
负债/权益比JLLUBER
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $2.9B |
| 自由现金流经营现金流 - 资本支出 | — | $2.8B |
| 自由现金流率自由现金流/营收 | — | 19.5% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | 2.52× | 9.74× |
| 过去12个月自由现金流最近4个季度 | — | $9.8B |
8季度趋势，按日历期对齐
经营现金流JLLUBER
| Q4 25 | $1.0B | $2.9B | ||
| Q3 25 | $617.1M | $2.3B | ||
| Q2 25 | $332.8M | $2.6B | ||
| Q1 25 | $-767.6M | $2.3B | ||
| Q4 24 | $927.3M | $1.8B | ||
| Q3 24 | $261.6M | $2.2B | ||
| Q2 24 | $273.9M | $1.8B | ||
| Q1 24 | $-677.5M | $1.4B |
自由现金流JLLUBER
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.4B |
自由现金流率JLLUBER
| Q4 25 | — | 19.5% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.6% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 13.4% |
资本支出强度JLLUBER
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 0.6% |
现金转化率JLLUBER
| Q4 25 | 2.52× | 9.74× | ||
| Q3 25 | 2.77× | 0.35× | ||
| Q2 25 | 3.01× | 1.89× | ||
| Q1 25 | -13.35× | 1.31× | ||
| Q4 24 | 3.84× | 0.25× | ||
| Q3 24 | 1.69× | 0.82× | ||
| Q2 24 | 3.25× | 1.79× | ||
| 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% |
UBER
| Mobility | $8.2B | 57% |
| Delivery | $4.9B | 34% |
| Freight | $1.3B | 9% |
