vs
Walker & Dunlop, Inc.（WD）与Clear Secure, Inc.（YOU）财务数据对比。点击上方公司名可切换其他公司
Walker & Dunlop, Inc.的季度营收约是Clear Secure, Inc.的1.4倍（$340.0M vs $240.8M），Clear Secure, Inc.净利率更高（12.8% vs -12.9%，领先25.7%），Clear Secure, Inc.同比增速更快（16.7% vs -0.4%），Clear Secure, Inc.自由现金流更多（$187.4M vs $-680.1M），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% vs 16.0%）
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
Clear Secure, Inc.是美国一家科技企业，主营生物识别旅行证件核验系统，其服务已覆盖部分大型机场与体育场馆。公司成立于2003年，2009年申请破产后停运，2012年重启运营，最终于2021年成功上市。
WD vs YOU — 直观对比
营收规模更大
WD
是对方的1.4倍
$240.8M
营收增速更快
YOU
高出17.1%
-0.4%
净利率更高
YOU
高出25.7%
-12.9%
自由现金流更多
YOU
多$867.5M
$-680.1M
两年增速更快
WD
近两年复合增速
16.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $340.0M | $240.8M |
| 净利润 | $-13.9M | $30.8M |
| 毛利率 | — | — |
| 营业利润率 | -17.2% | 22.4% |
| 净利率 | -12.9% | 12.8% |
| 营收同比 | -0.4% | 16.7% |
| 净利润同比 | -131.0% | -70.2% |
| 每股收益（稀释后） | $-0.41 | — |
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WDYOU
| Q4 25 | $340.0M | $240.8M | ||
| Q3 25 | $337.7M | $229.2M | ||
| Q2 25 | $319.2M | $219.5M | ||
| Q1 25 | $237.4M | $211.4M | ||
| Q4 24 | $341.5M | $206.3M | ||
| Q3 24 | $292.3M | $198.4M | ||
| Q2 24 | $270.7M | $186.7M | ||
| Q1 24 | $228.1M | $179.0M |
净利润WDYOU
| Q4 25 | $-13.9M | $30.8M | ||
| Q3 25 | $33.5M | $28.3M | ||
| Q2 25 | $34.0M | $24.7M | ||
| Q1 25 | $2.8M | $25.4M | ||
| Q4 24 | $44.8M | $103.3M | ||
| Q3 24 | $28.8M | $23.5M | ||
| Q2 24 | $22.7M | $24.1M | ||
| Q1 24 | $11.9M | $18.8M |
营业利润率WDYOU
| Q4 25 | -17.2% | 22.4% | ||
| Q3 25 | 13.6% | 23.0% | ||
| Q2 25 | 14.5% | 19.4% | ||
| Q1 25 | 2.2% | 17.7% | ||
| Q4 24 | 15.3% | 16.5% | ||
| Q3 24 | 12.8% | 17.7% | ||
| Q2 24 | 10.4% | 16.2% | ||
| Q1 24 | 6.0% | 13.2% |
净利率WDYOU
| Q4 25 | -12.9% | 12.8% | ||
| Q3 25 | 9.9% | 12.3% | ||
| Q2 25 | 10.6% | 11.3% | ||
| Q1 25 | 1.2% | 12.0% | ||
| Q4 24 | 13.1% | 50.1% | ||
| Q3 24 | 9.9% | 11.8% | ||
| Q2 24 | 8.4% | 12.9% | ||
| Q1 24 | 5.2% | 10.5% |
每股收益（稀释后）WDYOU
| Q4 25 | $-0.41 | — | ||
| Q3 25 | $0.98 | — | ||
| Q2 25 | $0.99 | — | ||
| Q1 25 | $0.08 | — | ||
| Q4 24 | $1.32 | — | ||
| Q3 24 | $0.85 | — | ||
| Q2 24 | $0.67 | — | ||
| Q1 24 | $0.35 | — |
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 | $299.3M | $85.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $177.7M |
| 总资产 | $5.1B | $1.3B |
| 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WDYOU
| Q4 25 | $299.3M | $85.7M | ||
| Q3 25 | $274.8M | $75.8M | ||
| Q2 25 | $233.7M | $89.3M | ||
| Q1 25 | $181.0M | $87.6M | ||
| Q4 24 | $279.3M | $66.9M | ||
| Q3 24 | $179.8M | $32.9M | ||
| Q2 24 | $208.1M | $39.1M | ||
| Q1 24 | $216.5M | $64.1M |
股东权益WDYOU
| Q4 25 | $1.7B | $177.7M | ||
| Q3 25 | $1.8B | $148.6M | ||
| Q2 25 | $1.8B | $121.3M | ||
| Q1 25 | $1.7B | $116.7M | ||
| Q4 24 | $1.7B | $198.4M | ||
| Q3 24 | $1.7B | $129.0M | ||
| Q2 24 | $1.7B | $153.5M | ||
| Q1 24 | $1.7B | $165.9M |
总资产WDYOU
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $5.8B | $1.1B | ||
| Q2 25 | $4.7B | $1.2B | ||
| Q1 25 | $4.5B | $1.1B | ||
| Q4 24 | $4.4B | $1.2B | ||
| Q3 24 | $4.6B | $858.6M | ||
| Q2 24 | $4.2B | $982.4M | ||
| Q1 24 | $3.8B | $1.0B |
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 | $-664.3M | $198.4M |
| 自由现金流经营现金流 - 资本支出 | $-680.1M | $187.4M |
| 自由现金流率自由现金流/营收 | -200.0% | 77.8% |
| 资本支出强度资本支出/营收 | 4.6% | 4.6% |
| 现金转化率经营现金流/净利润 | — | 6.45× |
| 过去12个月自由现金流最近4个季度 | $-2.2B | $343.1M |
8季度趋势，按日历期对齐
经营现金流WDYOU
| Q4 25 | $-664.3M | $198.4M | ||
| Q3 25 | $-948.1M | $-47.3M | ||
| Q2 25 | $-238.5M | $123.0M | ||
| Q1 25 | $-281.1M | $98.3M | ||
| Q4 24 | $129.4M | $136.6M | ||
| Q3 24 | $-202.0M | $-35.9M | ||
| Q2 24 | $-237.8M | $114.6M | ||
| Q1 24 | $38.4M | $80.3M |
自由现金流WDYOU
| Q4 25 | $-680.1M | $187.4M | ||
| Q3 25 | $-950.4M | $-53.5M | ||
| Q2 25 | $-241.0M | $117.9M | ||
| Q1 25 | $-284.7M | $91.3M | ||
| Q4 24 | $116.4M | $133.9M | ||
| Q3 24 | $-204.0M | $-37.9M | ||
| Q2 24 | $-241.7M | $110.1M | ||
| Q1 24 | $35.2M | $77.6M |
自由现金流率WDYOU
| Q4 25 | -200.0% | 77.8% | ||
| Q3 25 | -281.5% | -23.3% | ||
| Q2 25 | -75.5% | 53.7% | ||
| Q1 25 | -120.0% | 43.2% | ||
| Q4 24 | 34.1% | 64.9% | ||
| Q3 24 | -69.8% | -19.1% | ||
| Q2 24 | -89.3% | 59.0% | ||
| Q1 24 | 15.4% | 43.3% |
资本支出强度WDYOU
| Q4 25 | 4.6% | 4.6% | ||
| Q3 25 | 0.7% | 2.7% | ||
| Q2 25 | 0.8% | 2.3% | ||
| Q1 25 | 1.5% | 3.4% | ||
| Q4 24 | 3.8% | 1.3% | ||
| Q3 24 | 0.7% | 1.0% | ||
| Q2 24 | 1.4% | 2.4% | ||
| Q1 24 | 1.4% | 1.6% |
现金转化率WDYOU
| Q4 25 | — | 6.45× | ||
| Q3 25 | -28.34× | -1.67× | ||
| Q2 25 | -7.02× | 4.97× | ||
| Q1 25 | -102.07× | 3.87× | ||
| Q4 24 | 2.89× | 1.32× | ||
| Q3 24 | -7.01× | -1.53× | ||
| Q2 24 | -10.49× | 4.75× | ||
| Q1 24 | 3.24× | 4.27× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
