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ATI INC（ATI）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
ATI INC的季度营收约是Healthpeak Properties的1.6倍（$1.2B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 8.2%，领先65.0%），Healthpeak Properties同比增速更快（3.1% vs 0.4%），Healthpeak Properties自由现金流更多（$357.0M vs $223.1M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 6.2%）
ATI是加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器（GPU）及芯片组研发。公司成立于1985年，1993年公开上市，2006年被AMD收购。作为无晶圆厂半导体巨头，ATI坚持自主研发，生产组装环节外包，2000年竞争对手3dfx破产后，成为全球图形芯片领域的核心厂商之一。
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。
ATI vs DOC — 直观对比
营收规模更大
ATI
是对方的1.6倍
$719.4M
营收增速更快
DOC
高出2.7%
0.4%
净利率更高
DOC
高出65.0%
8.2%
自由现金流更多
DOC
多$133.9M
$223.1M
两年增速更快
DOC
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $719.4M |
| 净利润 | $96.6M | $114.0M |
| 毛利率 | 23.2% | — |
| 营业利润率 | 14.5% | 17.4% |
| 净利率 | 8.2% | 73.2% |
| 营收同比 | 0.4% | 3.1% |
| 净利润同比 | -29.5% | 2406.4% |
| 每股收益（稀释后） | $0.70 | $0.16 |
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ATIDOC
| Q4 25 | $1.2B | $719.4M | ||
| Q3 25 | $1.1B | $705.9M | ||
| Q2 25 | $1.1B | $694.3M | ||
| Q1 25 | $1.1B | $702.9M | ||
| Q4 24 | $1.2B | $698.0M | ||
| Q3 24 | $1.1B | $700.4M | ||
| Q2 24 | $1.1B | $695.5M | ||
| Q1 24 | $1.0B | $606.6M |
净利润ATIDOC
| Q4 25 | $96.6M | $114.0M | ||
| Q3 25 | $110.0M | $-117.1M | ||
| Q2 25 | $100.7M | $31.7M | ||
| Q1 25 | $97.0M | $42.8M | ||
| Q4 24 | $137.1M | $4.5M | ||
| Q3 24 | $82.7M | $85.9M | ||
| Q2 24 | $81.9M | $146.0M | ||
| Q1 24 | $66.1M | $6.7M |
毛利率ATIDOC
| Q4 25 | 23.2% | — | ||
| Q3 25 | 22.7% | 58.6% | ||
| Q2 25 | 21.3% | 60.2% | ||
| Q1 25 | 20.6% | 61.1% | ||
| Q4 24 | 21.2% | 60.3% | ||
| Q3 24 | 21.4% | 60.0% | ||
| Q2 24 | 20.8% | 60.6% | ||
| Q1 24 | 18.9% | 59.8% |
营业利润率ATIDOC
| Q4 25 | 14.5% | 17.4% | ||
| Q3 25 | 14.4% | 9.2% | ||
| Q2 25 | 14.1% | 5.7% | ||
| Q1 25 | 12.8% | 7.7% | ||
| Q4 24 | 17.8% | -2.2% | ||
| Q3 24 | 13.5% | 14.1% | ||
| Q2 24 | 13.0% | 22.3% | ||
| Q1 24 | 11.0% | 3.7% |
净利率ATIDOC
| Q4 25 | 8.2% | 73.2% | ||
| Q3 25 | 9.8% | -16.6% | ||
| Q2 25 | 8.8% | 4.6% | ||
| Q1 25 | 8.5% | 6.1% | ||
| Q4 24 | 11.7% | 0.7% | ||
| Q3 24 | 7.9% | 12.3% | ||
| Q2 24 | 7.5% | 21.0% | ||
| Q1 24 | 6.3% | 1.1% |
每股收益（稀释后）ATIDOC
| Q4 25 | $0.70 | $0.16 | ||
| Q3 25 | $0.78 | $-0.17 | ||
| Q2 25 | $0.70 | $0.05 | ||
| Q1 25 | $0.67 | $0.06 | ||
| Q4 24 | $0.94 | $0.02 | ||
| Q3 24 | $0.57 | $0.12 | ||
| Q2 24 | $0.58 | $0.21 | ||
| Q1 24 | $0.46 | $0.01 |
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 | $416.7M | $467.5M |
| 总债务越低越好 | $1.7B | $9.8B |
| 股东权益账面价值 | $1.8B | $7.5B |
| 总资产 | $5.1B | $20.3B |
| 负债/权益比越低杠杆越低 | 0.95× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资ATIDOC
| Q4 25 | $416.7M | $467.5M | ||
| Q3 25 | $372.2M | $91.0M | ||
| Q2 25 | $319.6M | $89.4M | ||
| Q1 25 | $475.8M | $70.6M | ||
| Q4 24 | $721.2M | $119.8M | ||
| Q3 24 | $406.6M | $180.4M | ||
| Q2 24 | $425.6M | $106.9M | ||
| Q1 24 | $394.4M | $101.8M |
总债务ATIDOC
| Q4 25 | $1.7B | $9.8B | ||
| Q3 25 | $1.7B | $9.1B | ||
| Q2 25 | $1.7B | $9.0B | ||
| Q1 25 | $1.7B | $8.9B | ||
| Q4 24 | $1.7B | $8.7B | ||
| Q3 24 | $1.9B | $8.6B | ||
| Q2 24 | $1.9B | $8.6B | ||
| Q1 24 | $2.1B | $8.8B |
股东权益ATIDOC
| Q4 25 | $1.8B | $7.5B | ||
| Q3 25 | $1.7B | $7.6B | ||
| Q2 25 | $1.7B | $7.9B | ||
| Q1 25 | $1.9B | $8.2B | ||
| Q4 24 | $1.9B | $8.4B | ||
| Q3 24 | $1.8B | $8.6B | ||
| Q2 24 | $1.4B | $8.8B | ||
| Q1 24 | $1.3B | $8.9B |
总资产ATIDOC
| Q4 25 | $5.1B | $20.3B | ||
| Q3 25 | $5.0B | $19.6B | ||
| Q2 25 | $5.0B | $19.8B | ||
| Q1 25 | $5.2B | $19.8B | ||
| Q4 24 | $5.2B | $19.9B | ||
| Q3 24 | $5.1B | $20.0B | ||
| Q2 24 | $4.9B | $20.2B | ||
| Q1 24 | $4.8B | $20.5B |
负债/权益比ATIDOC
| Q4 25 | 0.95× | 1.31× | ||
| Q3 25 | 1.00× | 1.20× | ||
| Q2 25 | 0.98× | 1.14× | ||
| Q1 25 | 0.91× | 1.08× | ||
| Q4 24 | 0.93× | 1.04× | ||
| Q3 24 | 1.04× | 1.00× | ||
| Q2 24 | 1.37× | 0.98× | ||
| Q1 24 | 1.70× | 0.99× |
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 | $315.8M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $357.0M |
| 自由现金流率自由现金流/营收 | 19.0% | 49.6% |
| 资本支出强度资本支出/营收 | 7.9% | 124.4% |
| 现金转化率经营现金流/净利润 | 3.27× | 10.99× |
| 过去12个月自由现金流最近4个季度 | $333.7M | — |
8季度趋势，按日历期对齐
经营现金流ATIDOC
| Q4 25 | $315.8M | $1.3B | ||
| Q3 25 | $229.5M | $315.0M | ||
| Q2 25 | $161.5M | $363.5M | ||
| Q1 25 | $-92.5M | $279.4M | ||
| Q4 24 | $380.9M | $1.1B | ||
| Q3 24 | $24.0M | $318.2M | ||
| Q2 24 | $101.1M | $316.2M | ||
| Q1 24 | $-98.8M | $152.6M |
自由现金流ATIDOC
| Q4 25 | $223.1M | $357.0M | ||
| Q3 25 | $167.0M | — | ||
| Q2 25 | $89.4M | — | ||
| Q1 25 | $-145.8M | — | ||
| Q4 24 | $333.6M | $333.7M | ||
| Q3 24 | $-41.8M | — | ||
| Q2 24 | $40.9M | — | ||
| Q1 24 | $-164.6M | — |
自由现金流率ATIDOC
| Q4 25 | 19.0% | 49.6% | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | -12.7% | — | ||
| Q4 24 | 28.4% | 47.8% | ||
| Q3 24 | -4.0% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | -15.8% | — |
资本支出强度ATIDOC
| Q4 25 | 7.9% | 124.4% | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | 4.0% | 105.6% | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | 5.5% | — | ||
| Q1 24 | 6.3% | — |
现金转化率ATIDOC
| Q4 25 | 3.27× | 10.99× | ||
| Q3 25 | 2.09× | — | ||
| Q2 25 | 1.60× | 11.48× | ||
| Q1 25 | -0.95× | 6.52× | ||
| Q4 24 | 2.78× | 235.43× | ||
| Q3 24 | 0.29× | 3.71× | ||
| Q2 24 | 1.23× | 2.17× | ||
| Q1 24 | -1.49× | 22.85× |
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
ATI
| Other | $527.1M | 45% |
| Advanced Alloys Solutions | $333.5M | 28% |
| Airframes Commercial | $82.0M | 7% |
| Defense | $73.7M | 6% |
| Electronics Market | $53.1M | 5% |
| Internal Customers | $50.9M | 4% |
| Specialty Energy | $29.3M | 2% |
| Medical Market | $12.2M | 1% |
| Construction Mining Market | $7.2M | 1% |
| Other Market | $5.6M | 0% |
| Conventional Energy | $1.9M | 0% |
| Automotive Market | $600.0K | 0% |
DOC
暂无分部数据
