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Real Brokerage Inc（REAX）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
Real Brokerage Inc的季度营收约是BOSTON BEER CO INC的1.2倍（$568.5M vs $461.6M），Real Brokerage Inc同比增速更快（52.6% vs -4.1%）
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
REAX vs SAM — 直观对比
营收规模更大
REAX
是对方的1.2倍
$461.6M
营收增速更快
REAX
高出56.7%
-4.1%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $568.5M | $461.6M |
| 净利润 | $-447.0K | — |
| 毛利率 | 7.9% | 46.4% |
| 营业利润率 | -0.1% | 12.4% |
| 净利率 | -0.1% | — |
| 营收同比 | 52.6% | -4.1% |
| 净利润同比 | 82.7% | — |
| 每股收益（稀释后） | $0.00 | $2.16 |
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REAXSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | — | $385.7M | ||
| Q3 25 | $568.5M | $537.5M | ||
| Q2 25 | $540.7M | $587.9M | ||
| Q1 25 | $354.0M | $453.9M | ||
| Q4 24 | — | $402.3M | ||
| Q3 24 | $372.5M | $605.5M | ||
| Q2 24 | — | $579.1M |
净利润REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $-22.5M | ||
| Q3 25 | $-447.0K | $46.2M | ||
| Q2 25 | $1.5M | $60.4M | ||
| Q1 25 | $-5.0M | $24.4M | ||
| Q4 24 | — | $-38.8M | ||
| Q3 24 | $-2.6M | $33.5M | ||
| Q2 24 | — | $52.3M |
毛利率REAXSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | 7.9% | 50.8% | ||
| Q2 25 | 8.9% | 49.8% | ||
| Q1 25 | 9.6% | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | 8.6% | 46.3% | ||
| Q2 24 | — | 46.0% |
营业利润率REAXSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | — | -8.6% | ||
| Q3 25 | -0.1% | 11.5% | ||
| Q2 25 | 0.3% | 14.0% | ||
| Q1 25 | -1.5% | 7.4% | ||
| Q4 24 | — | -13.9% | ||
| Q3 24 | -0.7% | 7.6% | ||
| Q2 24 | — | 12.2% |
净利率REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | -5.8% | ||
| Q3 25 | -0.1% | 8.6% | ||
| Q2 25 | 0.3% | 10.3% | ||
| Q1 25 | -1.4% | 5.4% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | -0.7% | 5.5% | ||
| Q2 24 | — | 9.0% |
每股收益（稀释后）REAXSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | — | $-1.97 | ||
| Q3 25 | $0.00 | $4.25 | ||
| Q2 25 | $0.01 | $5.45 | ||
| Q1 25 | $-0.02 | $2.16 | ||
| Q4 24 | — | $-3.23 | ||
| Q3 24 | $-0.01 | $2.86 | ||
| Q2 24 | — | $4.39 |
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 | $38.7M | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $53.6M | $682.6M |
| 总资产 | $145.2M | $1.2B |
| 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REAXSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | — | $223.4M | ||
| Q3 25 | $38.7M | $250.5M | ||
| Q2 25 | $49.7M | $212.4M | ||
| Q1 25 | $24.7M | $152.5M | ||
| Q4 24 | — | $211.8M | ||
| Q3 24 | $22.6M | $255.6M | ||
| Q2 24 | — | $219.3M |
股东权益REAXSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | — | $846.3M | ||
| Q3 25 | $53.6M | $911.0M | ||
| Q2 25 | $49.2M | $912.3M | ||
| Q1 25 | $32.8M | $897.0M | ||
| Q4 24 | — | $916.2M | ||
| Q3 24 | $29.8M | $1.0B | ||
| Q2 24 | — | $1.0B |
总资产REAXSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $145.2M | $1.2B | ||
| Q2 25 | $149.4M | $1.3B | ||
| Q1 25 | $100.5M | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $102.5M | $1.4B | ||
| Q2 24 | — | $1.4B |
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 | $8.8M | — |
| 自由现金流经营现金流 - 资本支出 | $8.4M | — |
| 自由现金流率自由现金流/营收 | 1.5% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $71.7M | — |
8季度趋势，按日历期对齐
经营现金流REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $39.9M | ||
| Q3 25 | $8.8M | $101.8M | ||
| Q2 25 | $41.0M | $126.5M | ||
| Q1 25 | $15.9M | $1.9M | ||
| Q4 24 | — | $41.9M | ||
| Q3 24 | $7.2M | $115.9M | ||
| Q2 24 | — | $96.0M |
自由现金流REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | $8.4M | $89.2M | ||
| Q2 25 | $40.8M | $112.2M | ||
| Q1 25 | $15.7M | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | $6.8M | $99.2M | ||
| Q2 24 | — | $75.6M |
自由现金流率REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | 1.5% | 16.6% | ||
| Q2 25 | 7.5% | 19.1% | ||
| Q1 25 | 4.4% | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | 1.8% | 16.4% | ||
| Q2 24 | — | 13.1% |
资本支出强度REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | 0.1% | 2.3% | ||
| Q2 25 | 0.0% | 2.4% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 0.1% | 2.8% | ||
| Q2 24 | — | 3.5% |
现金转化率REAXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | 27.13× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.46× | ||
| Q2 24 | — | 1.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
