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NEWMARK GROUP, INC.（NMRK）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是NEWMARK GROUP, INC.的1.4倍（$1.2B vs $846.5M），利氏兄弟拍卖行净利率更高（9.1% vs 0.3%，领先8.9%），NEWMARK GROUP, INC.同比增速更快（27.2% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-257.8M），过去两年NEWMARK GROUP, INC.的营收复合增速更高（26.7% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
NMRK vs RBA — 直观对比
营收规模更大
RBA
是对方的1.4倍
$846.5M
营收增速更快
NMRK
高出21.8%
5.4%
净利率更高
RBA
高出8.9%
0.3%
自由现金流更多
RBA
多$444.3M
$-257.8M
两年增速更快
NMRK
近两年复合增速
6.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $846.5M | $1.2B |
| 净利润 | $2.2M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | 3.1% | 14.7% |
| 净利率 | 0.3% | 9.1% |
| 营收同比 | 27.2% | 5.4% |
| 净利润同比 | 130.6% | -7.4% |
| 每股收益（稀释后） | $0.08 | $0.53 |
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NMRKRBA
| Q1 26 | $846.5M | — | ||
| Q4 25 | $859.5M | $1.2B | ||
| Q3 25 | $715.0M | $1.1B | ||
| Q2 25 | $639.6M | $1.2B | ||
| Q1 25 | $556.2M | $1.1B | ||
| Q4 24 | $727.5M | $1.1B | ||
| Q3 24 | $568.0M | $981.8M | ||
| Q2 24 | $527.3M | $1.1B |
净利润NMRKRBA
| Q1 26 | $2.2M | — | ||
| Q4 25 | $68.0M | $109.7M | ||
| Q3 25 | $46.2M | $95.5M | ||
| Q2 25 | $20.8M | $109.8M | ||
| Q1 25 | $-8.8M | $113.4M | ||
| Q4 24 | $45.4M | $118.5M | ||
| Q3 24 | $17.8M | $76.1M | ||
| Q2 24 | $14.3M | $111.1M |
营业利润率NMRKRBA
| Q1 26 | 3.1% | — | ||
| Q4 25 | 14.4% | 14.7% | ||
| Q3 25 | 11.9% | 14.5% | ||
| Q2 25 | 6.7% | 15.9% | ||
| Q1 25 | -3.1% | 17.1% | ||
| Q4 24 | 14.3% | 18.1% | ||
| Q3 24 | 7.2% | 15.6% | ||
| Q2 24 | 7.7% | 18.4% |
净利率NMRKRBA
| Q1 26 | 0.3% | — | ||
| Q4 25 | 7.9% | 9.1% | ||
| Q3 25 | 6.5% | 8.7% | ||
| Q2 25 | 3.3% | 9.3% | ||
| Q1 25 | -1.6% | 10.2% | ||
| Q4 24 | 6.2% | 10.4% | ||
| Q3 24 | 3.1% | 7.8% | ||
| Q2 24 | 2.7% | 10.1% |
每股收益（稀释后）NMRKRBA
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.37 | $0.53 | ||
| Q3 25 | $0.25 | $0.43 | ||
| Q2 25 | $0.11 | $0.53 | ||
| Q1 25 | $-0.05 | $0.55 | ||
| Q4 24 | $0.25 | $0.58 | ||
| Q3 24 | $0.10 | $0.36 | ||
| Q2 24 | $0.08 | $0.54 |
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 | $212.1M | $531.5M |
| 总债务越低越好 | $832.0M | $2.3B |
| 股东权益账面价值 | — | $5.6B |
| 总资产 | $5.3B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资NMRKRBA
| Q1 26 | $212.1M | — | ||
| Q4 25 | $229.1M | $531.5M | ||
| Q3 25 | $224.1M | $674.7M | ||
| Q2 25 | $195.8M | $710.2M | ||
| Q1 25 | $157.1M | $578.1M | ||
| Q4 24 | $197.7M | $533.9M | ||
| Q3 24 | $178.6M | $650.7M | ||
| Q2 24 | $176.4M | $599.5M |
总债务NMRKRBA
| Q1 26 | $832.0M | — | ||
| Q4 25 | $671.7M | $2.3B | ||
| Q3 25 | $746.5M | $2.6B | ||
| Q2 25 | $871.2M | $2.6B | ||
| Q1 25 | $770.9M | $2.6B | ||
| Q4 24 | $670.7M | $2.6B | ||
| Q3 24 | $770.4M | $2.7B | ||
| Q2 24 | $745.2M | $2.8B |
股东权益NMRKRBA
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $5.6B | ||
| Q3 25 | $1.4B | $5.5B | ||
| Q2 25 | $1.3B | $5.5B | ||
| Q1 25 | $1.3B | $5.3B | ||
| Q4 24 | $1.2B | $5.2B | ||
| Q3 24 | $1.2B | $5.2B | ||
| Q2 24 | $1.2B | $5.2B |
总资产NMRKRBA
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.0B | $12.1B | ||
| Q3 25 | $5.5B | $12.2B | ||
| Q2 25 | $5.4B | $12.2B | ||
| Q1 25 | $4.8B | $11.9B | ||
| Q4 24 | $4.7B | $11.8B | ||
| Q3 24 | $5.0B | $11.9B | ||
| Q2 24 | $4.8B | $12.1B |
负债/权益比NMRKRBA
| Q1 26 | — | — | ||
| Q4 25 | 0.46× | 0.42× | ||
| Q3 25 | 0.55× | 0.47× | ||
| Q2 25 | 0.68× | 0.47× | ||
| Q1 25 | 0.58× | 0.50× | ||
| Q4 24 | 0.56× | 0.50× | ||
| Q3 24 | 0.66× | 0.52× | ||
| Q2 24 | 0.62× | 0.55× |
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 | — | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-257.8M | $186.5M |
| 自由现金流率自由现金流/营收 | -30.5% | 15.5% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $69.7M | $719.2M |
8季度趋势，按日历期对齐
经营现金流NMRKRBA
| Q1 26 | — | — | ||
| Q4 25 | $618.5M | $255.2M | ||
| Q3 25 | $112.6M | $239.7M | ||
| Q2 25 | $-379.7M | $326.5M | ||
| Q1 25 | $-179.4M | $156.8M | ||
| Q4 24 | $402.6M | $184.5M | ||
| Q3 24 | $-85.2M | $285.4M | ||
| Q2 24 | $-258.5M | $337.3M |
自由现金流NMRKRBA
| Q1 26 | $-257.8M | — | ||
| Q4 25 | $608.8M | $186.5M | ||
| Q3 25 | $104.9M | $188.5M | ||
| Q2 25 | $-386.2M | $241.7M | ||
| Q1 25 | $-184.8M | $102.5M | ||
| Q4 24 | $396.6M | $127.9M | ||
| Q3 24 | $-94.4M | $248.5M | ||
| Q2 24 | $-267.8M | $308.6M |
自由现金流率NMRKRBA
| Q1 26 | -30.5% | — | ||
| Q4 25 | 70.8% | 15.5% | ||
| Q3 25 | 14.7% | 17.3% | ||
| Q2 25 | -60.4% | 20.4% | ||
| Q1 25 | -33.2% | 9.2% | ||
| Q4 24 | 54.5% | 11.2% | ||
| Q3 24 | -16.6% | 25.3% | ||
| Q2 24 | -50.8% | 28.2% |
资本支出强度NMRKRBA
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 5.7% | ||
| Q3 25 | 1.1% | 4.7% | ||
| Q2 25 | 1.0% | 7.2% | ||
| Q1 25 | 1.0% | 4.9% | ||
| Q4 24 | 0.8% | 5.0% | ||
| Q3 24 | 1.6% | 3.8% | ||
| Q2 24 | 1.8% | 2.6% |
现金转化率NMRKRBA
| Q1 26 | — | — | ||
| Q4 25 | 9.10× | 2.33× | ||
| Q3 25 | 2.44× | 2.51× | ||
| Q2 25 | -18.24× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | 8.86× | 1.56× | ||
| Q3 24 | -4.79× | 3.75× | ||
| Q2 24 | -18.10× | 3.04× |
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
NMRK
| Management Services, Servicing Fees and Other | $344.0M | 41% |
| Capital Markets | $252.5M | 30% |
| Leasing and Other Commissions | $250.0M | 30% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
