Compass, Inc. (COMP) Stock

Compass, Inc. (COMP) is a Real Estate stock trading at $11.92 (as of 2026-08-20), with a market capitalization of $8.91B and a trailing P/E of 627.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Compass, Inc. provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality, as well as brokerage and adjacent services in the real estate industry. The company offers mobile apps that allow agents to manage their business anywhere as well as designs consumer-grade interfaces, an automated workflows for agent-client interactions. The company was formerly known as Urban Compass, Inc. and changed its name to Compass, Inc. in January 2021.Compass, Inc. was founded in 2012 and is headquartered in New York, New York.

Understand Compass, Inc.: how it makes money

Compass, Inc. provides real estate brokerage services in the United States, along with a cloud-based platform and mobile apps that help agents manage customer relationships and market and service clients, and it also offers brokerage and adjacent services tied to real estate transactions.

Compass's profit engine is tied to real estate transaction activity on its platform and through its brokerage and franchise models, which in turn depends on principal agent retention and how much of closed business flows through Compass One engagement and adoption.

Business quality (Weak): Clear operating signals exist for agent retention and Compass One usage, but the company is currently loss-making on operating margin, so investors need to connect platform adoption to transaction-driven economics.

Valuation: At 430× earnings, COMP trades 1149% above the Real Estate average (34×). Note: one-time items can distort reported P/E.

Bull case

  • High principal agent retention: Principal agent retention rate (quarterly) is 96.8%, which supports continuity in agent coverage and ongoing transaction contribution.
  • Meaningful Compass One penetration in closed business: Compass One adoption percentage of closed transactions with an active client is 28.4%, and Compass One engagement share of closed transactions is 31.5%, indicating agents are using the platform in a non-trivial portion of closed outcomes.

Bear case

  • Operating profitability is negative: Operating margin is -13.0%, indicating the business is not currently covering operating costs from its revenue base.
  • Platform adoption is still not the majority of closed outcomes: Compass One adoption percentage of closed transactions with an active client is 28.4%, so a large share of closed activity is outside that specific Compass One measure, leaving room for adoption-driven economics to disappoint.
Valuation — source: SEC EDGAR (first-party)
Price$11.92
Market Cap$8.91B
P/E Ratio627.2
Price / Book3.15
Price / Sales1.07
FCF Yield0.2%
DCF Value (model)$1.06
DCF Upside vs Price-91.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.96B
Net Margin-0.8%
Revenue Growth (YoY)99.4%
EPS Growth (YoY)-133.3%
FCF Growth (YoY)-961.5%
Financial Health — source: SEC EDGAR
Altman Z-Score8.92 (safe)
Valuation vs Sector & Industry
Stock P/E627.2
Sector P/E (Real Estate)27.1
Industry P/E (Real Estate)29.8
vs Sector2211.8%
vs Industry2005.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($786.22M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryReal Estate
CEORobert L. Reffkin
Employees2,566
CountryUS
IPO Date2021-04-01

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COMP earnings history · COMP institutional & insider holders · COMP KPIs & operating metrics · COMP financials · COMP investor presentations & press releases · COMP SEC filings · COMP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.