vs
Adtalem Global Education Inc.（ATGE）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Adtalem Global Education Inc.的1.4倍（$702.9M vs $503.4M），Healthpeak Properties净利率更高（51.6% vs 15.2%，领先36.5%），Adtalem Global Education Inc.同比增速更快（12.4% vs -6.6%），过去两年Adtalem Global Education Inc.的营收复合增速更高（10.4% vs 0.5%）
艾德塔姆全球教育是总部位于美国伊利诺伊州芝加哥的营利性高等教育运营集团，旗下运营多所知名院校，包括加勒比美国大学医学院、张伯伦大学、罗斯大学医学院、罗斯大学兽医学院以及瓦尔登大学，专注于为全球学习者提供医学、护理等多领域的专业高等教育资源。
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。
ATGE vs DOC — 直观对比
营收规模更大
DOC
是对方的1.4倍
$503.4M
营收增速更快
ATGE
高出19.1%
-6.6%
净利率更高
DOC
高出36.5%
15.2%
两年增速更快
ATGE
近两年复合增速
0.5%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $503.4M | $702.9M |
| 净利润 | $76.4M | $363.0M |
| 毛利率 | 59.2% | — |
| 营业利润率 | 22.1% | 0.7% |
| 净利率 | 15.2% | 51.6% |
| 营收同比 | 12.4% | -6.6% |
| 净利润同比 | 0.7% | 28.3% |
| 每股收益（稀释后） | $2.11 | $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ATGEDOC
| Q1 26 | — | $702.9M | ||
| Q4 25 | $503.4M | $719.4M | ||
| Q3 25 | $462.3M | $705.9M | ||
| Q2 25 | $457.1M | $694.3M | ||
| Q1 25 | $466.1M | $702.9M | ||
| Q4 24 | $447.7M | $698.0M | ||
| Q3 24 | $417.4M | $700.4M | ||
| Q2 24 | $409.9M | $695.5M |
净利润ATGEDOC
| Q1 26 | — | $363.0M | ||
| Q4 25 | $76.4M | $114.0M | ||
| Q3 25 | $61.8M | $-117.1M | ||
| Q2 25 | $54.2M | $31.7M | ||
| Q1 25 | $60.8M | $42.8M | ||
| Q4 24 | $75.9M | $4.5M | ||
| Q3 24 | $46.2M | $85.9M | ||
| Q2 24 | $49.4M | $146.0M |
毛利率ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | 59.2% | — | ||
| Q3 25 | 56.6% | 58.6% | ||
| Q2 25 | 56.5% | 60.2% | ||
| Q1 25 | 57.1% | 61.1% | ||
| Q4 24 | 58.3% | 60.3% | ||
| Q3 24 | 55.4% | 60.0% | ||
| Q2 24 | 55.5% | 60.6% |
营业利润率ATGEDOC
| Q1 26 | — | 0.7% | ||
| Q4 25 | 22.1% | 17.4% | ||
| Q3 25 | 18.5% | 9.2% | ||
| Q2 25 | 16.8% | 5.7% | ||
| Q1 25 | 19.4% | 7.7% | ||
| Q4 24 | 23.2% | -2.2% | ||
| Q3 24 | 16.8% | 14.1% | ||
| Q2 24 | 16.7% | 22.3% |
净利率ATGEDOC
| Q1 26 | — | 51.6% | ||
| Q4 25 | 15.2% | 73.2% | ||
| Q3 25 | 13.4% | -16.6% | ||
| Q2 25 | 11.9% | 4.6% | ||
| Q1 25 | 13.1% | 6.1% | ||
| Q4 24 | 16.9% | 0.7% | ||
| Q3 24 | 11.1% | 12.3% | ||
| Q2 24 | 12.1% | 21.0% |
每股收益（稀释后）ATGEDOC
| Q1 26 | — | $0.28 | ||
| Q4 25 | $2.11 | $0.16 | ||
| Q3 25 | $1.67 | $-0.17 | ||
| Q2 25 | $1.43 | $0.05 | ||
| Q1 25 | $1.59 | $0.06 | ||
| Q4 24 | $1.98 | $0.02 | ||
| Q3 24 | $1.18 | $0.12 | ||
| Q2 24 | $1.23 | $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 | $56.3M | $-1.2B |
| 总债务越低越好 | $504.3M | — |
| 股东权益账面价值 | $1.4B | $7.8B |
| 总资产 | $2.6B | $21.6B |
| 负债/权益比越低杠杆越低 | 0.37× | — |
8季度趋势，按日历期对齐
现金及短期投资ATGEDOC
| Q1 26 | — | $-1.2B | ||
| Q4 25 | $56.3M | $467.5M | ||
| Q3 25 | $264.7M | $91.0M | ||
| Q2 25 | $199.6M | $89.4M | ||
| Q1 25 | $219.0M | $70.6M | ||
| Q4 24 | $194.0M | $119.8M | ||
| Q3 24 | $264.8M | $180.4M | ||
| Q2 24 | $219.3M | $106.9M |
总债务ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | $504.3M | $9.8B | ||
| Q3 25 | $553.2M | $9.1B | ||
| Q2 25 | $552.7M | $9.0B | ||
| Q1 25 | $552.2M | $8.9B | ||
| Q4 24 | $649.9M | $8.7B | ||
| Q3 24 | $649.3M | $8.6B | ||
| Q2 24 | $648.7M | $8.6B |
股东权益ATGEDOC
| Q1 26 | — | $7.8B | ||
| Q4 25 | $1.4B | $7.5B | ||
| Q3 25 | $1.5B | $7.6B | ||
| Q2 25 | $1.4B | $7.9B | ||
| Q1 25 | $1.4B | $8.2B | ||
| Q4 24 | $1.4B | $8.4B | ||
| Q3 24 | $1.4B | $8.6B | ||
| Q2 24 | $1.4B | $8.8B |
总资产ATGEDOC
| Q1 26 | — | $21.6B | ||
| Q4 25 | $2.6B | $20.3B | ||
| Q3 25 | $2.9B | $19.6B | ||
| Q2 25 | $2.8B | $19.8B | ||
| Q1 25 | $2.8B | $19.8B | ||
| Q4 24 | $2.7B | $19.9B | ||
| Q3 24 | $2.8B | $20.0B | ||
| Q2 24 | $2.7B | $20.2B |
负债/权益比ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | 1.31× | ||
| Q3 25 | 0.38× | 1.20× | ||
| Q2 25 | 0.39× | 1.14× | ||
| Q1 25 | 0.39× | 1.08× | ||
| Q4 24 | 0.45× | 1.04× | ||
| Q3 24 | 0.47× | 1.00× | ||
| Q2 24 | 0.47× | 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 | $29.7M | — |
| 自由现金流经营现金流 - 资本支出 | $15.1M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | 2.9% | 3.4% |
| 现金转化率经营现金流/净利润 | 0.39× | — |
| 过去12个月自由现金流最近4个季度 | $368.0M | — |
8季度趋势，按日历期对齐
经营现金流ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | $29.7M | $1.3B | ||
| Q3 25 | $130.5M | $315.0M | ||
| Q2 25 | $59.7M | $363.5M | ||
| Q1 25 | $207.9M | $279.4M | ||
| Q4 24 | $-19.0M | $1.1B | ||
| Q3 24 | $89.3M | $318.2M | ||
| Q2 24 | $40.6M | $316.2M |
自由现金流ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $357.0M | ||
| Q3 25 | $114.5M | — | ||
| Q2 25 | $40.7M | — | ||
| Q1 25 | $197.7M | — | ||
| Q4 24 | $-29.7M | $333.7M | ||
| Q3 24 | $78.9M | — | ||
| Q2 24 | $37.4M | — |
自由现金流率ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 49.6% | ||
| Q3 25 | 24.8% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 42.4% | — | ||
| Q4 24 | -6.6% | 47.8% | ||
| Q3 24 | 18.9% | — | ||
| Q2 24 | 9.1% | — |
资本支出强度ATGEDOC
| Q1 26 | — | 3.4% | ||
| Q4 25 | 2.9% | 124.4% | ||
| Q3 25 | 3.5% | — | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 2.4% | 105.6% | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 0.8% | — |
现金转化率ATGEDOC
| Q1 26 | — | — | ||
| Q4 25 | 0.39× | 10.99× | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | 1.10× | 11.48× | ||
| Q1 25 | 3.42× | 6.52× | ||
| Q4 24 | -0.25× | 235.43× | ||
| Q3 24 | 1.93× | 3.71× | ||
| Q2 24 | 0.82× | 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
ATGE
| Walden University Segment | $217.6M | 43% |
| Chamberlain University Segment | $183.8M | 37% |
| Medical And Veterinary | $102.0M | 20% |
| Other Services | $1.6M | 0% |
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% |
