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About

Compass, Inc. provides real estate brokerage services in the United States. It operates the Compass Platform, a technology platform that provides an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services, and other functionalities for the real estate industry; and the CIRE platform, a multi-tenant technology platform for affiliates and its agents. The company also offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports. In addition, it provides full-service title, escrow, and settlement services to the agents' clients, real estate companies, and financial institutions relating to the closing of home purchases as well as the refinancing of home loans; and Compass Concierge, a program in which provides home sellers access to capital to front the cost of home improvement services. The company was formerly known as Urban Compass, Inc. and changed its name to Compass, Inc. in January 2021. Compass, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Real Estate Industry Real Estate Services Market Cap 6.83B
Enterprise Value 5.61B Income -56.40M Sales 6.64B
Book/sh 1.38 Cash/sh 0.30 Dividend Yield —
Payout 0.00% Employees 2566 IPO —
P/E — Forward P/E 23.19 PEG —
P/S 1.03 P/B 6.81 P/C —
EV/EBITDA 889.94 EV/Sales 0.84 Quick Ratio 0.71
Current Ratio 0.80 Debt/Eq 61.79 LT Debt/Eq —
EPS (ttm) -0.11 EPS next Y 0.41 EPS Growth —
Revenue Growth 23.60% Earnings 2026-02-26 ROA -4.06%
ROE -9.36% ROIC — Gross Margin 12.19%
Oper. Margin 0.18% Profit Margin -0.85% Shs Outstand 714.17M
Shs Float 540.04M Short Float 8.26% Short Ratio 1.89
Short Interest — 52W High 13.96 52W Low 5.66
Beta 2.54 Avg Volume 18.35M Volume 16.47M
Target Price $14.45 Recom None Prev Close $9.08
Price $9.43 Change 3.85%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$14.45
Mean price target
2. Current target
$9.44
Latest analyst target
3. DCF / Fair value
$5.44
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.44
Low
$10.00
High
$17.00
Mean
$14.45

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-26 init JP Morgan — → Overweight $15
2026-01-15 main Barclays Overweight → Overweight $15
2026-01-13 main Wells Fargo Equal-Weight → Equal-Weight $13
2026-01-08 main BTIG Buy → Buy $15
2025-12-08 up Barclays Equal-Weight → Overweight $13
2025-11-25 main BTIG Buy → Buy $13
2025-11-05 main UBS Buy → Buy $12
2025-11-05 main Barclays Equal-Weight → Equal-Weight $9
2025-11-05 main Wells Fargo Equal-Weight → Equal-Weight $8
2025-11-04 reit Needham Buy → Buy $11
2025-09-23 reit Needham Buy → Buy $11
2025-08-27 main BTIG Buy → Buy $11
2025-07-31 main Barclays Equal-Weight → Equal-Weight $8
2025-07-31 main UBS Buy → Buy $11
2025-07-31 main Oppenheimer Outperform → Outperform $11
2025-07-31 reit Needham Buy → Buy $11
2025-07-15 main Barclays Equal-Weight → Equal-Weight $7
2025-07-07 main Wells Fargo Equal-Weight → Equal-Weight $7
2025-05-09 reit Oppenheimer Outperform → Outperform $12
2025-05-09 main Morgan Stanley Equal-Weight → Equal-Weight $8
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 1154593 — — REFFKIN ROBERT L. Chief Executive Officer — 2026-02-04 00:00:00 D nan
1 2773 — — SORDELLO STEVEN J Director — 2026-02-02 00:00:00 D nan
2 99986 — Sale at price 12.03 per share. WAHLERS SCOTT R Chief Financial Officer — 2026-01-07 00:00:00 D 1202602.0
3 76329 — — WAHLERS SCOTT R Chief Financial Officer — 2026-01-06 00:00:00 D nan
4 101732 — — GLASS ETHAN CHARLES Officer — 2026-01-06 00:00:00 D nan
5 26600 — Sale at price 11.00 per share. WAHLERS SCOTT R Chief Financial Officer — 2025-12-17 00:00:00 D 292600.0
6 23500 — Sale at price 11.00 per share. WAHLERS SCOTT R Chief Financial Officer — 2025-12-12 00:00:00 D 258585.0
7 2773 — — SORDELLO STEVEN J Director — 2025-12-03 00:00:00 D nan
8 55874 — Sale at price 10.00 - 11.00 per share. SERWIN BRADLEY K. General Counsel — 2025-11-25 00:00:00 D 590169.0
9 49900 — Sale at price 11.00 per share. WAHLERS SCOTT R Chief Financial Officer — 2025-11-25 00:00:00 D 549045.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-8.70K-21.90K-92.60K500.00
TaxRateForCalcs0.000.000.000.01
NormalizedEBITDA-62.70M-194.50M-454.00M-428.60M
TotalUnusualItems-2.90M-21.90M-46.30M100.00K
TotalUnusualItemsExcludingGoodwill-2.90M-21.90M-46.30M100.00K
NetIncomeFromContinuingOperationNetMinorityInterest-154.40M-321.30M-601.50M-494.10M
ReconciledDepreciation82.40M90.00M86.30M64.40M
ReconciledCostOfRevenue4.63B4.01B4.94B5.31B
EBITDA-65.60M-216.40M-500.30M-428.50M
EBIT-148.00M-306.40M-586.60M-492.90M
NetInterestIncome-6.40M-10.80M-3.60M-2.40M
InterestExpense6.40M10.80M3.60M2.40M
NormalizedIncome-151.51M-299.42M-555.29M-494.20M
NetIncomeFromContinuingAndDiscontinuedOperation-154.40M-321.30M-601.50M-494.10M
TotalExpenses5.77B5.17B6.56B6.91B
TotalOperatingIncomeAsReported-154.80M-314.90M-589.40M-493.00M
DilutedAverageShares501.51M466.52M428.17M326.34M
BasicAverageShares501.51M466.52M428.17M326.34M
DilutedEPS-0.31-0.69-1.40-1.51
BasicEPS-0.31-0.69-1.40-1.51
DilutedNIAvailtoComStockholders-154.40M-321.30M-601.50M-494.10M
NetIncomeCommonStockholders-154.40M-321.30M-601.50M-494.10M
NetIncome-154.40M-321.30M-601.50M-494.10M
MinorityInterests100.00K-1.20M0.000.00
NetIncomeIncludingNoncontrollingInterests-154.50M-320.10M-601.50M-494.10M
NetIncomeContinuousOperations-154.50M-320.10M-601.50M-494.10M
EarningsFromEquityInterestNetOfTax-600.00K-3.30M-12.20M-1.30M
TaxProvision-500.00K-400.00K-900.00K-2.50M
PretaxIncome-154.40M-317.20M-590.20M-495.30M
OtherIncomeExpense-2.90M-21.90M-46.30M100.00K
SpecialIncomeCharges-9.70M-30.40M-49.10M0.00
RestructuringAndMergernAcquisition9.70M30.40M49.10M0.00
GainOnSaleOfSecurity6.80M8.50M2.80M100.00K
NetNonOperatingInterestIncomeExpense-6.40M-10.80M-3.60M-2.40M
InterestExpenseNonOperating6.40M10.80M3.60M2.40M
OperatingIncome-145.10M-284.50M-540.30M-493.00M
OperatingExpense1.14B1.16B1.62B1.60B
OtherOperatingExpenses334.50M326.90M392.40M374.90M
DepreciationAmortizationDepletionIncomeStatement82.40M90.00M86.30M64.40M
DepreciationAndAmortizationInIncomeStatement82.40M90.00M86.30M64.40M
ResearchAndDevelopment188.80M184.50M360.30M365.30M
SellingGeneralAndAdministration533.90M561.10M783.20M798.90M
SellingAndMarketingExpense368.70M435.40M575.10M510.40M
GeneralAndAdministrativeExpense165.20M125.70M208.10M288.50M
OtherGandA165.20M125.70M208.10M288.50M
GrossProfit994.50M878.00M1.08B1.11B
CostOfRevenue4.63B4.01B4.94B5.31B
TotalRevenue5.63B4.88B6.02B6.42B
OperatingRevenue5.63B4.88B6.02B6.42B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber513.14M484.89M438.10M409.27M
ShareIssued513.14M484.89M438.10M409.27M
TotalDebt497.60M533.90M763.00M580.70M
TangibleBookValue102.00M141.30M219.40M528.30M
InvestedCapital433.00M453.50M699.00M860.00M
WorkingCapital-23.20M-10.50M400.00K357.50M
NetTangibleAssets102.00M141.30M219.40M528.30M
CapitalLeaseObligations474.00M509.10M581.10M564.50M
CommonStockEquity409.40M428.70M517.10M843.80M
TotalCapitalization409.40M428.70M517.10M843.80M
TotalEquityGrossMinorityInterest412.40M432.00M520.70M847.60M
MinorityInterest3.00M3.30M3.60M3.80M
StockholdersEquity409.40M428.70M517.10M843.80M
RetainedEarnings-2.67B-2.52B-2.20B-1.59B
AdditionalPaidInCapital3.08B2.95B2.71B2.44B
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest765.60M728.30M1.01B953.00M
TotalNonCurrentLiabilitiesNetMinorityInterest412.40M435.80M494.90M515.90M
OtherNonCurrentLiabilities31.90M25.60M8.40M32.90M
PreferredSecuritiesOutsideStockEquity0.00
LongTermDebtAndCapitalLeaseObligation380.50M410.20M486.50M483.00M
LongTermCapitalLeaseObligation380.50M410.20M486.50M483.00M
CurrentLiabilities353.20M292.50M517.50M437.10M
OtherCurrentLiabilities60.40M47.50M72.80M88.70M
CurrentDebtAndCapitalLeaseObligation117.10M123.70M276.50M97.70M
CurrentCapitalLeaseObligation93.50M98.90M94.60M81.50M
CurrentDebt23.60M24.80M181.90M16.20M
LineOfCredit23.60M24.80M181.90M16.20M
PensionandOtherPostRetirementBenefitPlansCurrent51.10M43.30M50.40M67.40M
PayablesAndAccruedExpenses124.60M78.00M117.80M183.30M
CurrentAccruedExpenses28.80M0.0041.70M84.80M
Payables95.80M78.00M76.10M98.50M
OtherPayable82.80M59.60M48.00M63.90M
AccountsPayable13.00M18.40M28.10M34.60M
TotalAssets1.18B1.16B1.53B1.80B
TotalNonCurrentAssets848.00M878.30M1.02B1.01B
OtherNonCurrentAssets25.40M30.70M41.80M48.40M
GoodwillAndOtherIntangibleAssets307.40M287.40M297.70M315.50M
OtherIntangibleAssets73.80M77.60M99.30M127.20M
Goodwill233.60M209.80M198.40M188.30M
NetPPE515.20M560.20M675.70M642.10M
AccumulatedDepreciation-174.10M-141.30M-107.10M-85.00M
GrossPPE689.30M701.50M782.80M727.10M
Leases186.20M186.70M192.30M158.20M
OtherProperties389.70M408.50M483.20M484.70M
MachineryFurnitureEquipment113.40M106.30M107.30M84.20M
Properties0.000.000.000.00
CurrentAssets330.00M282.00M517.90M794.60M
OtherCurrentAssets23.80M32.30M28.10M42.20M
PrepaidAssets9.40M22.20M48.40M52.70M
Receivables73.00M60.60M79.50M81.40M
AccountsReceivable73.00M60.60M79.50M81.40M
AllowanceForDoubtfulAccountsReceivable-14.80M-21.80M-23.70M-24.40M
GrossAccountsReceivable87.80M82.40M103.20M105.80M
CashCashEquivalentsAndShortTermInvestments223.80M166.90M361.90M618.30M
CashAndCashEquivalents223.80M166.90M361.90M618.30M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow105.80M-37.10M-361.80M-78.70M
RepaymentOfDebt-49.90M-287.50M-43.30M-31.70M
IssuanceOfDebt48.70M130.40M209.00M39.50M
IssuanceOfCapitalStock0.0032.30M0.00439.60M
CapitalExpenditure-15.70M-11.20M-70.10M-50.10M
InterestPaidSupplementalData3.40M9.00M2.30M1.30M
EndCashPosition223.80M166.90M361.90M618.30M
BeginningCashPosition166.90M361.90M618.30M440.10M
ChangesInCash56.90M-195.00M-256.40M178.20M
FinancingCashFlow-28.00M-157.40M135.40M399.30M
CashFlowFromContinuingFinancingActivities-28.00M-157.40M135.40M399.30M
NetOtherFinancingCharges-38.50M-39.60M-41.60M-75.00M
ProceedsFromStockOptionExercised11.70M7.00M11.30M26.90M
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance0.0032.30M0.00439.60M
CommonStockIssuance0.0032.30M0.00439.60M
NetIssuancePaymentsOfDebt-1.20M-157.10M165.70M7.80M
NetShortTermDebtIssuance-1.20M67.90M165.70M7.80M
ShortTermDebtPayments-49.90M-62.50M-43.30M-31.70M
ShortTermDebtIssuance48.70M130.40M209.00M39.50M
NetLongTermDebtIssuance0.00-225.00M0.000.00
LongTermDebtPayments0.00-225.00M0.000.00
LongTermDebtIssuance0.0075.00M150.00M
InvestingCashFlow-36.60M-11.70M-100.10M-192.50M
CashFlowFromContinuingInvestingActivities-36.60M-11.70M-100.10M-192.50M
NetInvestmentPurchaseAndSale0.000.00
SaleOfInvestment0.000.00
PurchaseOfInvestment0.00
NetBusinessPurchaseAndSale-20.90M-500.00K-30.00M-142.40M
SaleOfBusiness700.00K
PurchaseOfBusiness-20.90M-1.20M-30.00M-142.40M
CapitalExpenditureReported-15.70M-11.20M-70.10M-50.10M
OperatingCashFlow121.50M-25.90M-291.70M-28.60M
CashFlowFromContinuingOperatingActivities121.50M-25.90M-291.70M-28.60M
ChangeInWorkingCapital60.90M35.00M-29.20M8.20M
ChangeInOtherWorkingCapital-17.40M-1.20M5.80M2.40M
ChangeInOtherCurrentAssets28.30M30.50M27.40M-51.80M
ChangeInPayablesAndAccruedExpense58.80M-8.80M-57.20M39.70M
ChangeInAccruedExpense42.00M-10.60M-36.50M43.30M
ChangeInPayable16.80M1.80M-20.70M-3.60M
ChangeInAccountPayable-6.30M-9.80M-4.80M-3.30M
ChangeInReceivables-8.80M14.50M-5.20M17.90M
ChangesInAccountReceivables-8.80M14.50M-5.20M17.90M
OtherNonCashItems6.70M3.30M-1.30M-3.60M
StockBasedCompensation127.50M158.20M234.50M386.30M
AssetImpairmentCharge-2.10M4.40M7.30M8.90M
DepreciationAmortizationDepletion82.40M90.00M86.30M64.40M
DepreciationAndAmortization82.40M90.00M86.30M64.40M
OperatingGainsLosses600.00K3.30M12.20M1.30M
EarningsLossesFromEquityInvestments600.00K3.30M12.20M1.30M
NetIncomeFromContinuingOperations-154.50M-320.10M-601.50M-494.10M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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