Compass Inc COMP

Real EstateSoftware & IT ServicesUnited States of America

Last close 9.00 USD on Nov 1, 2026, −14.9% year to date

Quant rating

Quant rating C Rank 86 of 175 in Real Estate

Growth A 20 of 175
Valuation C 93 of 175
Quality C 75 of 175
Revisions D 135 of 175
Momentum B 57 of 175

Wall Street consensus Buy (2.08)Average target 13.92 USD +54.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 6.8B
Enterprise value: 9.5B
52-week range: 6.38 – 13.95
3-year range: 1.89 – 13.95
Dividend yield: –
Beta (5 years): 2.40
Shares outstanding: 758M
Next earnings: Nov 5, 2026

About the company

Compass, Inc. provides an end-to-end platform that empowers its residential real estate agents to deliver service to seller and buyer clients. Its platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionalities, all custom-built for the real estate industry. Its platform also uses proprietary data, analytics, artificial intelligence, and machine learning to simplify the workflows of agents and deliver recommendations and outcomes for both agents and their clients. Its segments include Brokerage, Franchise and Integrated Services. It also provides integrated services, such as title and escrow and mortgage, both of which are available on its platform. The Company operates its franchise business under the Better Homes and Gardens Real Estate, Century 21, Christie's International Real Estate, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and others.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	6,962	5,629	4,885	6,018	6,421	–
Revenue growth	23.7%	15.2%	−18.8%	−6.3%	72.6%	13.3%
EPS (basic, normalized)	−0.07	−0.31	−0.69	−1.40	−1.44	–
EPS growth	–	–	–	–	–	–
Gross margin	18.4%	17.7%	18.0%	18.0%	17.3%	17.9%
Net margin	−0.8%	−2.7%	−6.6%	−10.0%	−7.7%	−5.6%
ROE	−9.8%	−36.8%	−67.9%	−88.4%	−67.3%	−54.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	694
Current ratio	1.06x
Long-term debt (mil)	3,142
Net debt (mil)	2,651
Total equity (mil)	2,979
Net debt / equity	0.89x
Net debt / EBITDA	9.04x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	6,962	+23.7%	1.4x	293	+144.0%	32.3x	−0.07	+76.8%	−125.0x
2026	14,328	+105.8%	0.7x	870	+196.4%	10.9x	0.15	+310.1%	59.5x
2027	15,255	+6.5%	0.6x	1,104	+27.0%	8.6x	0.20	+35.5%	43.9x
2028	16,448	+7.8%	0.6x	1,364	+23.5%	6.9x	0.43	+107.7%	21.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	14,328	−0.5%	+3.2%	+9.0%	0.15	−5.5%	−11.0%	−33.9%
2027	15,255	−1.2%	+1.4%	+6.8%	0.20	−24.5%	−46.5%	−66.3%
2028	16,448	−1.8%	+1.9%	+10.8%	0.43	−13.4%	−39.0%	−50.6%

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	1,054	1,701	1,494	1,380	1,356	2,060	1,846	1,700	2,704	4,306
Sales mean (mil)	1,023	1,645	1,497	1,336	1,422	2,052	1,787	1,687	2,661	4,089
Surprise	+3.0%	+3.4%	−0.2%	+3.3%	−4.6%	+0.4%	+3.3%	+0.7%	+1.6%	+5.3%
EPS reported	−0.27	0.04	0.00	−0.08	−0.09	0.07	0.01	−0.06	0.03	0.11
EPS mean	−0.22	0.03	−0.03	−0.08	−0.06	0.08	−0.02	−0.06	−0.15	0.17
Surprise	−25.2%	+41.2%	+100.0%	+2.4%	−57.5%	−9.7%	−121.9%	+6.7%	−120.4%	−34.2%

Peer comparison Software & IT Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
COMP Compass Inc	6.8B	9.04x	−0.8%	2.28x	59.5x	43.9x	10.9x	8.6x
GOOG Alphabet Inc.	3.43T	−0.67x	32.8%	5.08x	14.1x	18.6x	14.3x	10.9x
META Meta Platforms, Inc.	1.60T	0.01x	37.1%	5.77x	21.3x	18.2x	11.4x	8.9x
PANW Palo Alto Networks, Inc.	299.4B	−0.31x	2.7%	10.85x	87.5x	75.0x	60.0x	51.7x
UBER Uber Technologies, Inc.	133.3B	0.96x	19.3%	4.87x	19.8x	14.4x	12.7x	10.3x
ABNB Airbnb, Inc.	96.9B	−2.23x	20.5%	12.88x	30.9x	26.2x	17.3x	15.1x
Mean		1.13x	18.6%	6.95x	38.8x	32.7x	21.1x	17.6x
Median		−0.15x	19.9%	5.42x	26.1x	22.4x	13.5x	10.6x

Technical analysis

1M−1.1%
3M−24.2%
1Y+13.5%
3Y+341.2%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Compass Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	6,962	5,629	4,885	6,018	6,421	3,721
Cost of revenue	5,680	4,635	4,007	4,936	5,310	3,057
Gross profit	1,282	994	878	1,082	1,110	664
Selling, general & administrative expenses	953	864	886	1,165	1,129	730
Research & development	246	189	184	360	365	146
Depreciation/amortization	113	82.4	90.0	86.3	64.4	51.2
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	34.1	13.9	32.3	59.6	45.2	10.3
Other operating expenses	0	0	0	0	0	0
Operating income	−63.4	−155	−315	−589	−493	−273
Net interest income (expense)	−3.5	0.4	−2.3	−0.8	−2.3	1.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	−66.9	−154	−317	−590	−495	−272
Provision for taxes	−1.1	−0.5	−0.4	−0.9	−2.5	−1.7
Minority interest	0.2	0.1	−1.2	0	–	–
Equity in affiliates	7.1	−0.6	−3.3	−12.2	−1.3	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−58.5	−154	−321	−602	−494	−270
Extraordinary items	–	–	–	–	–	–
Net income	−58.5	−154	−321	−602	−494	−270
EBIT, normalized	−29.3	−83.4	−283	−530	−448	−250
EBITDA, normalized	83.4	−1.0	−193	−444	−383	−199
Basic EPS, normalized	−0.07	−0.31	−0.69	−1.40	−1.44	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Compass Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	199	224	167	362	618	440
Receivables	82.0	73.0	60.6	79.5	81.4	104
Total inventory	–	–	–	–	–	–
Prepaid expenses	–	–	–	–	–	–
Other current assets	36.2	33.2	54.5	76.5	94.9	54.9
Total current assets	317	330	282	518	795	599
Property, plant & equipment	495	515	560	676	642	568
Goodwill	479	234	210	198	188	120
Intangibles	193	74.1	77.6	99.3	127	45.6
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	54.9	25.1	30.7	41.8	48.4	32.1
Total assets	1,540	1,178	1,160	1,533	1,801	1,365
Liabilities
Accounts payable	12.5	13.0	18.4	28.1	34.6	36.6
Payable/accrued	–	–	–	–	–	–
Accrued expenses	160	173	142	177	257	115
Short-term debt	22.7	23.6	24.8	182	16.2	8.4
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	172	143	107	131	129	122
Total current liabilities	367	353	292	518	437	282
Long-term debt	0	0	0	0	0	0
Minority interest	5.3	3.0	3.3	3.6	3.8	–
Other liabilities	385	412	436	495	516	459
Total liabilities	758	769	732	1,016	957	741
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0	0	0	0	0	0
Additional paid-in capital	3,513	3,082	2,946	2,714	2,439	238
Retained earnings (accumulated deficit)	−2,731	−2,672	−2,518	−2,196	−1,595	−1,101
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	0	0	1,487
Total equity	782	409	429	517	844	624
Total liabilities & shareholders' equity	1,540	1,178	1,160	1,533	1,801	1,365

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Compass Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−58.7	−154	−320	−602	−494	−270
Depreciation, depletion & amortization	113	82.4	90.0	86.3	64.4	51.2
Deferred taxes	–	–	–	–	–	–
Non-cash items	196	133	169	253	393	68.4
Changes in working capital	−33.1	60.9	35.0	−29.2	8.2	92.5
Cash from operations	217	122	−25.9	−292	−28.6	−58.1
Investing activities
Capital expenditures	−13.4	−15.7	−11.2	−70.1	−50.1	−43.3
Other investing cash flows	−178	−20.9	−0.5	−30.0	−142	29.9
Cash from investing	−191	−36.6	−11.7	−100	−192	−13.4
Financing activities
Financing cash flow items	−70.0	−38.5	−39.6	−41.6	−75.0	−4.1
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	19.8	10.5	−118	177	474	24.0
Cash from financing	−50.2	−28.0	−157	135	399	19.9
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−24.8	56.9	−195	−256	178	−51.6
Free cash flow	203	106	−37.1	−362	−78.7	−101

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.