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布鲁克菲尔德资产管理（BAM）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德资产管理的季度营收约是Healthpeak Properties的1.5倍（$1.1B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 56.7%，领先16.5%）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
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。
BAM vs DOC — 直观对比
营收规模更大
BAM
是对方的1.5倍
$719.4M
净利率更高
DOC
高出16.5%
56.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $719.4M |
| 净利润 | $615.0M | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 84.2% | 17.4% |
| 净利率 | 56.7% | 73.2% |
| 营收同比 | — | 3.1% |
| 净利润同比 | — | 2406.4% |
| 每股收益（稀释后） | — | $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BAMDOC
| Q4 25 | $1.1B | $719.4M | ||
| Q3 25 | $974.0M | $705.9M | ||
| Q2 25 | $931.0M | $694.3M | ||
| Q1 25 | $954.0M | $702.9M | ||
| Q4 24 | — | $698.0M | ||
| Q3 24 | $873.0M | $700.4M | ||
| Q2 24 | $821.0M | $695.5M | ||
| Q1 24 | $786.0M | $606.6M |
净利润BAMDOC
| Q4 25 | $615.0M | $114.0M | ||
| Q3 25 | $692.0M | $-117.1M | ||
| Q2 25 | $584.0M | $31.7M | ||
| Q1 25 | $507.0M | $42.8M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $537.0M | $85.9M | ||
| Q2 24 | $124.0M | $146.0M | ||
| Q1 24 | $373.0M | $6.7M |
毛利率BAMDOC
| Q4 25 | — | — | ||
| Q3 25 | — | 58.6% | ||
| Q2 25 | — | 60.2% | ||
| Q1 25 | — | 61.1% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 60.6% | ||
| Q1 24 | — | 59.8% |
营业利润率BAMDOC
| Q4 25 | 84.2% | 17.4% | ||
| Q3 25 | 79.1% | 9.2% | ||
| Q2 25 | 70.8% | 5.7% | ||
| Q1 25 | 61.0% | 7.7% | ||
| Q4 24 | — | -2.2% | ||
| Q3 24 | 72.5% | 14.1% | ||
| Q2 24 | 80.4% | 22.3% | ||
| Q1 24 | 56.5% | 3.7% |
净利率BAMDOC
| Q4 25 | 56.7% | 73.2% | ||
| Q3 25 | 71.0% | -16.6% | ||
| Q2 25 | 62.7% | 4.6% | ||
| Q1 25 | 53.1% | 6.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 61.5% | 12.3% | ||
| Q2 24 | 15.1% | 21.0% | ||
| Q1 24 | 47.5% | 1.1% |
每股收益（稀释后）BAMDOC
| Q4 25 | — | $0.16 | ||
| Q3 25 | — | $-0.17 | ||
| Q2 25 | — | $0.05 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | — | $0.02 | ||
| Q3 24 | — | $0.12 | ||
| Q2 24 | — | $0.21 | ||
| Q1 24 | — | $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 | $1.6B | $467.5M |
| 总债务越低越好 | — | $9.8B |
| 股东权益账面价值 | $8.9B | $7.5B |
| 总资产 | $17.0B | $20.3B |
| 负债/权益比越低杠杆越低 | — | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资BAMDOC
| Q4 25 | $1.6B | $467.5M | ||
| Q3 25 | $1.1B | $91.0M | ||
| Q2 25 | $480.0M | $89.4M | ||
| Q1 25 | $332.0M | $70.6M | ||
| Q4 24 | — | $119.8M | ||
| Q3 24 | — | $180.4M | ||
| Q2 24 | $10.0M | $106.9M | ||
| Q1 24 | — | $101.8M |
总债务BAMDOC
| Q4 25 | — | $9.8B | ||
| Q3 25 | — | $9.1B | ||
| Q2 25 | — | $9.0B | ||
| Q1 25 | — | $8.9B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | — | $8.6B | ||
| Q1 24 | — | $8.8B |
股东权益BAMDOC
| Q4 25 | $8.9B | $7.5B | ||
| Q3 25 | $8.5B | $7.6B | ||
| Q2 25 | $8.5B | $7.9B | ||
| Q1 25 | $8.5B | $8.2B | ||
| Q4 24 | — | $8.4B | ||
| Q3 24 | $9.0B | $8.6B | ||
| Q2 24 | $3.2B | $8.8B | ||
| Q1 24 | $2.2B | $8.9B |
总资产BAMDOC
| Q4 25 | $17.0B | $20.3B | ||
| Q3 25 | $16.5B | $19.6B | ||
| Q2 25 | $16.1B | $19.8B | ||
| Q1 25 | $15.0B | $19.8B | ||
| Q4 24 | — | $19.9B | ||
| Q3 24 | — | $20.0B | ||
| Q2 24 | $4.2B | $20.2B | ||
| Q1 24 | — | $20.5B |
负债/权益比BAMDOC
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.08× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 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 | $562.0M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $357.0M |
| 自由现金流率自由现金流/营收 | — | 49.6% |
| 资本支出强度资本支出/营收 | — | 124.4% |
| 现金转化率经营现金流/净利润 | 0.91× | 10.99× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BAMDOC
| Q4 25 | $562.0M | $1.3B | ||
| Q3 25 | $745.0M | $315.0M | ||
| Q2 25 | $529.0M | $363.5M | ||
| Q1 25 | $265.0M | $279.4M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $567.0M | $318.2M | ||
| Q2 24 | $159.0M | $316.2M | ||
| Q1 24 | $516.0M | $152.6M |
自由现金流BAMDOC
| Q4 25 | — | $357.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $333.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率BAMDOC
| Q4 25 | — | 49.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度BAMDOC
| Q4 25 | — | 124.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 105.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率BAMDOC
| Q4 25 | 0.91× | 10.99× | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | 11.48× | ||
| Q1 25 | 0.52× | 6.52× | ||
| Q4 24 | — | 235.43× | ||
| Q3 24 | 1.06× | 3.71× | ||
| Q2 24 | 1.28× | 2.17× | ||
| Q1 24 | 1.38× | 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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
DOC
暂无分部数据
