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Revenue in Q4 Grew 25.9% YoY and Organic Revenue Grew 20.9% YoYQuarterly Market Share Grew 65bps YoY to 5.06% and Organic Share Was Up 48bps$122 Million in Full-Year Operating Cash Flow; $150 Million Prior to NAR-related Settlement
NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1, announced its financial results for the fourth quarter and full-year ended December 31, 2024.
NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, today announced its fourth quarter and full-year 2024 financial results will be released after market close on Tuesday, February 18, 2025. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT.
Compass Provides Agents with a Platform to Guide Buyers and Sellers Through Every Step of Their Homeownership Journey
NEW YORK, Feb. 3, 2025 /PRNewswire/ -- Compass (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, announces the launch of Compass One, the client-facing version of its end-to-end technology platform for real estate agents. Compass One is the only platform designed to connect you and your agent through every phase of your real estate journey and experience 24/7 transparency before, during, and after the transaction for total peace of mind. Through Compass One, agents invite their clients to an all-in-one experience where they can access the tools, services, and advantages Compass offers. Compass One will help strengthen agent-client relationships, drive repeat and referral business, and unlock new opportunities for ancillary services.
NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume1, announces an update to its Q4 2024 and full-year 2024 outlook ahead of its participation at the Needham Growth Conference this morning.
"In a year where resale transactions are expected to approach a 29 year-low, Compass is on track to deliver record Adjusted EBITDA and free cash flow for the full-year 2024, and expects to be above the high-end of its previously announced Q4 2024 outlook. In the quarter, Compass recruited over 650 principal agents organically, which is a 50% improvement from the year-ago period. These results highlight Compass' ability to continue to outperform the market, while still maintaining OPEX discipline," said Compass Founder & CEO Robert Reffkin.
CHARLOTTESVILLE, Va., Jan. 14, 2025 /PRNewswire/ -- Quad-C Management, Inc. ("Quad-C"), a leading middle market private equity firm, has completed the sale of @properties to Compass, Inc. ("Compass"; NYSE: COMP).
@properties is a Chicago-based real estate services company that owns and operates real estate brokerage firms in seven states, multi-state title and mortgage companies, and the Christie's International Real Estate network. Christie's International Real Estate is a global luxury real estate network with over 100 independently owned brokerage Affiliates in almost 50 countries and territories.
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sales volume1 announces the participation of CEO & Founder Robert Reffkin and CFO Kalani Reelitz at the 27th Annual Needham Growth Conference. The event will take place on January 15, 2025, at the Lotte NY Palace Hotel.
Reffkin and Reelitz will be participating in fireside chat at 8:00 a.m. ET followed by one-on-one and group meetings with investors for the remainder of the day. The fireside chat will be publicly accessible through a webcast and will be available as a replay under the Events & Presentations section for 90 days on the Compass Investor Relations website: https://investors.compass.com.
Christie's International Real Estate Has 100+ Affiliates in Almost 50 Countries and Territories Around the World and Maintains a Close Partnership with the Christie's Auction House
@properties is the 8th Largest Residential Brokerage in the US by Sales Volume1
Best-in-Class Title & Mortgage Offerings in Key Markets Will Also Be Included
NEW YORK, Dec. 2, 2024 /PRNewswire/ -- Compass Inc. (NYSE: COMP) ("Compass"), Christie's International Real Estate, and @properties have announced that they will be joining forces in a move to accelerate domestic and international growth opportunities.
Adjusted EBITDA Exceeds High-End of GuidanceReiterates Positive Free Cash Flow Guidance for Full Year 2024Transactions Increased 16.1% and Quarterly Market Share Grew 49 Basis Points YoY to 4.80%
NEW YORK, Oct. 30, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume1 for the third year in a row, announced its financial results for the third quarter ended September 30, 2024.
With expertise spanning the real estate transaction cycle, Bhonsle will play a key role in maximizing shareholder value and will report to Compass' Chief Financial Officer Kalani Reelitz
NEW YORK, Oct. 9, 2024 /PRNewswire/ -- Compass, the largest residential real estate brokerage in the United States1, announces the appointment of Soham Bhonsle as the new Head of Investor Relations. Bhonsle brings over a decade of experience covering the housing sector on the sell-side and has a deep understanding of the entire real estate transaction cycle, from agent and seller engagement to post-sale services like title & escrow and mortgage. His industry knowledge and strategic insights will reinforce Compass' commitment to maximizing shareholder value and empowering agents through innovative technology and curated support.
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT.