vs
Aebi Schmidt Holding AG（AEBI）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
Healthpeak Properties的季度营收约是Aebi Schmidt Holding AG的1.3倍（$702.9M vs $528.4M），Healthpeak Properties净利率更高（51.6% vs 1.7%，领先50.0%）
埃比施密特集团是一家源自瑞士的跨国企业，主营农业机械、重型工程设备以及市政作业设备的生产制造，产品涵盖运输车、通用作业底盘、扫路车、拖拉机、割草机等，主要应用于市政道路养护等作业场景。
Healthpeak Properties是美国医疗地产领域的房地产投资信托基金，核心投资范畴覆盖老年住宅、生命科学相关物业及医疗办公楼三类资产。公司2007年于马里兰州组建，总部设在科罗拉多州丹佛市，在尔湾、纳什维尔、旧金山均设有办事处，截至2019年12月31日共持有617处物业的权益。
AEBI vs DOC — 直观对比
营收规模更大
DOC
是对方的1.3倍
$528.4M
净利率更高
DOC
高出50.0%
1.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $702.9M |
| 净利润 | $8.8M | $363.0M |
| 毛利率 | 18.9% | — |
| 营业利润率 | 5.2% | 0.7% |
| 净利率 | 1.7% | 51.6% |
| 营收同比 | — | -6.6% |
| 净利润同比 | — | 28.3% |
| 每股收益（稀释后） | $-0.18 | $0.28 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AEBIDOC
| Q1 26 | — | $702.9M | ||
| Q4 25 | $528.4M | $719.4M | ||
| Q3 25 | $471.3M | $705.9M | ||
| Q2 25 | $277.7M | $694.3M | ||
| Q1 25 | $249.2M | $702.9M | ||
| Q4 24 | — | $698.0M | ||
| Q3 24 | — | $700.4M | ||
| Q2 24 | — | $695.5M |
净利润AEBIDOC
| Q1 26 | — | $363.0M | ||
| Q4 25 | $8.8M | $114.0M | ||
| Q3 25 | $1.2M | $-117.1M | ||
| Q2 25 | $-2.3M | $31.7M | ||
| Q1 25 | $2.1M | $42.8M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $85.9M | ||
| Q2 24 | — | $146.0M |
毛利率AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 20.0% | 58.6% | ||
| Q2 25 | 20.5% | 60.2% | ||
| Q1 25 | 21.4% | 61.1% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 60.6% |
营业利润率AEBIDOC
| Q1 26 | — | 0.7% | ||
| Q4 25 | 5.2% | 17.4% | ||
| Q3 25 | 3.7% | 9.2% | ||
| Q2 25 | 5.0% | 5.7% | ||
| Q1 25 | 5.8% | 7.7% | ||
| Q4 24 | — | -2.2% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | — | 22.3% |
净利率AEBIDOC
| Q1 26 | — | 51.6% | ||
| Q4 25 | 1.7% | 73.2% | ||
| Q3 25 | 0.3% | -16.6% | ||
| Q2 25 | -0.8% | 4.6% | ||
| Q1 25 | 0.8% | 6.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 21.0% |
每股收益（稀释后）AEBIDOC
| Q1 26 | — | $0.28 | ||
| Q4 25 | $-0.18 | $0.16 | ||
| Q3 25 | $0.02 | $-0.17 | ||
| Q2 25 | $-0.06 | $0.05 | ||
| Q1 25 | $0.39 | $0.06 | ||
| Q4 24 | — | $0.02 | ||
| Q3 24 | — | $0.12 | ||
| Q2 24 | — | $0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $98.5M | $-1.2B |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | $7.8B |
| 总资产 | $2.0B | $21.6B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资AEBIDOC
| Q1 26 | — | $-1.2B | ||
| Q4 25 | $98.5M | $467.5M | ||
| Q3 25 | $126.0M | $91.0M | ||
| Q2 25 | $63.6M | $89.4M | ||
| Q1 25 | $47.8M | $70.6M | ||
| Q4 24 | — | $119.8M | ||
| Q3 24 | — | $180.4M | ||
| Q2 24 | — | $106.9M |
总债务AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | $595.0M | $9.8B | ||
| Q3 25 | $628.4M | $9.1B | ||
| Q2 25 | $441.0M | $9.0B | ||
| Q1 25 | $402.4M | $8.9B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | — | $8.6B |
股东权益AEBIDOC
| Q1 26 | — | $7.8B | ||
| Q4 25 | $814.9M | $7.5B | ||
| Q3 25 | $812.2M | $7.6B | ||
| Q2 25 | $359.1M | $7.9B | ||
| Q1 25 | $371.3M | $8.2B | ||
| Q4 24 | — | $8.4B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | — | $8.8B |
总资产AEBIDOC
| Q1 26 | — | $21.6B | ||
| Q4 25 | $2.0B | $20.3B | ||
| Q3 25 | $2.1B | $19.6B | ||
| Q2 25 | $1.2B | $19.8B | ||
| Q1 25 | $1.1B | $19.8B | ||
| Q4 24 | — | $19.9B | ||
| Q3 24 | — | $20.0B | ||
| Q2 24 | — | $20.2B |
负债/权益比AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | 1.31× | ||
| Q3 25 | 0.77× | 1.20× | ||
| Q2 25 | 1.23× | 1.14× | ||
| Q1 25 | 1.08× | 1.08× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 0.98× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $33.5M | — |
| 自由现金流经营现金流 - 资本支出 | $29.7M | — |
| 自由现金流率自由现金流/营收 | 5.6% | — |
| 资本支出强度资本支出/营收 | 0.7% | 3.4% |
| 现金转化率经营现金流/净利润 | 3.82× | — |
| 过去12个月自由现金流最近4个季度 | $-5.2M | — |
8季度趋势，按日历期对齐
经营现金流AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | $33.5M | $1.3B | ||
| Q3 25 | $-3.3M | $315.0M | ||
| Q2 25 | $5.3M | $363.5M | ||
| Q1 25 | $-26.6M | $279.4M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $318.2M | ||
| Q2 24 | — | $316.2M |
自由现金流AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | $29.7M | $357.0M | ||
| Q3 25 | $-8.6M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $-29.7M | — | ||
| Q4 24 | — | $333.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 49.6% | ||
| Q3 25 | -1.8% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | -11.9% | — | ||
| Q4 24 | — | 47.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度AEBIDOC
| Q1 26 | — | 3.4% | ||
| Q4 25 | 0.7% | 124.4% | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | — | 105.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率AEBIDOC
| Q1 26 | — | — | ||
| Q4 25 | 3.82× | 10.99× | ||
| Q3 25 | -2.77× | — | ||
| Q2 25 | — | 11.48× | ||
| Q1 25 | -12.80× | 6.52× | ||
| Q4 24 | — | 235.43× | ||
| Q3 24 | — | 3.71× | ||
| Q2 24 | — | 2.17× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AEBI
| Transferred At Point In Time | $281.5M | 53% |
| Transferred Over Time | $246.9M | 47% |
DOC
| Outpatient Medical | $320.5M | 46% |
| Lab | $217.6M | 31% |
| Senior Housing | $148.9M | 21% |
| Other | $14.3M | 2% |
| Corporate Non-segment | $1.5M | 0% |
