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Compass, Inc.
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$6.6B
Market Cap
P/E
PEG
-7.1%
ROCE
-11.0%
ROE
0.48
D/E
-0.9%
OPM
-13.1%
% from 52W High
83
α RS
🔍 COMP is showing a momentum setup because RS Rating is 81, it matches 2 of 37 tracked screener presets, and Sector RRG has Real Estate in the Improving quadrant with the trail still strengthening. Net: Broad signal stack, not a recommendation. ? RS Rating Conviction RRG
Sources
RS Rating 81 · Conviction 2/37 · Real Estate in Improving quadrant
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🌏 Global Investor Returns
Currency-adjusted total returns for COMP including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Compass, Inc. provides an end-to-end technology platform for residential real estate in the United States.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding COMP
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 4.18M $30.6M 0.05% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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📊 MIXED Compass Q1 2026 revenue $2.7B, adj. EBITDA $61M, record Q1, cost synergies raised to $500M.
Revenue & Profitability
Q1 2026 revenue was $2.7 billion (upper end of guidance). Adjusted EBITDA was $61 million (record for any Q1), exceeding guidance of $15–$35 million. GAAP net income was $22 million, compared to a net loss of $51 million a year ago. Pro forma brokerage transactions grew 2.6% year-over-year vs. flat market.
Outlook
Management sees the current 4.1 million existing home sales as the trough of the cycle. Even flat, the combined business would generate ~$1 billion adjusted EBITDA and $750 million unlevered free cash flow. At mid-cycle (5.5M sales), adjusted EBITDA would be $2 billion. Agent usage remains at record highs (91% sellers, 88% buyers use an agent); for-sale-by-owner is at historic low of 5%.
Growth Drivers
Pro forma brokerage GTV up 7.3% vs. market +1.5% (20th consecutive quarter of organic outperformance). Recruiting: Compass recruited more principal agents in Q1 than any prior Q1. Franchise: Christie's signed 8 new franchise agreements (largest quarterly expansion); Century 21 executed largest franchise sale in 10 years. Mortgage JVs: OriginPoint achieved best quarter ever in profitability and attach rate.
Balance Sheet & CapEx
2026 CapEx synergies: $70 million of the $200 million realized synergies will reduce CapEx. AI investments: Q1 AI workflow automations freed up $2 million in resources; identified annual efficiencies of $23 million. AI coding assistance now produces 30%–40% of new code, accelerating product development by 20% while keeping tech OpEx flat.
Margins
Brokerage segment commission expense ratio improved to 81.4% from 83.2% year-over-year. Q1 non-GAAP OpEx was $641 million. Full-year OpEx guidance: $2.7–$2.75 billion, including 3-4% inflation offset by $130 million P&L synergies. Adjusted EBITDA margin at 2.3% in Q1; scenario analysis shows significant operating leverage as volumes recover (e.g., $2B EBITDA at 5.5M home sales).
Key Risks
Integration risk from the Anywhere transaction; cost synergy targets depend on execution. Market volume remains the biggest macro risk (flat scenario still generates cash flow). Legal payments: $54 million NAR class action settlement pending. Interest rate sensitivity could impact transaction volumes. AI misinformation risk is acknowledged but management views trust as a moat.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-04
Record Q2 results with revenue up 14% and adjusted EBITDA nearly tripling year-over-year, driven by strong brokerage and luxury market performance. Cost synergies exceeded targets, technology and AI initiatives advanced, and positive free cash flow and improved leverage position were achieved.
Q1 2026 Q1 2026 2026-05-05
Q1 saw record adjusted EBITDA and strong revenue growth, driven by the Anywhere transaction and rapid synergy realization. Outperformance in brokerage, franchise, and integrated services segments continued, with positive guidance for Q2 and the full year.
Q4 2025 Q4 2025 2026-02-26
Record Q4 and full-year results were achieved, driven by strong revenue, EBITDA, and agent growth. The exclusive Rocket Redfin partnership and Anywhere merger position the company for expanded market reach, cost synergies, and improved margins in 2026.
Q3 2025 Q3 2025 2025-11-04
Record Q3 results with 23.6% revenue growth, 80% higher Adjusted EBITDA, and strong free cash flow. Announced a merger with Anywhere Real Estate, raising synergy targets to $300M+, and advanced AI initiatives to boost agent productivity and efficiency.
Q2 2025 Q2 2025 2025-07-30
Record Q2 results with all-time highs in revenue, Adjusted EBITDA, and net income, driven by strong agent recruiting, market share gains, and robust Title & Escrow performance. Cost discipline and new efficiency programs support improved 2025 and 2026 profitability outlook.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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No Investment Recommendation:
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Information Sources:
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