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百富门（BF.B）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
百富门的季度营收约是Healthpeak Properties的1.4倍（$1.0B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 21.6%，领先51.6%），Healthpeak Properties同比增速更快（3.1% vs -5.4%），Healthpeak Properties自由现金流更多（$357.0M vs $107.0M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -1.6%）
百富门（Brown-Forman）是美国家族控股上市企业，属全球规模最大的葡萄酒及烈酒经营集团之一，总部位于肯塔基州路易斯维尔。旗下拥有杰克丹尼、伍德福德珍藏、格兰多纳等多个国际知名酒类品牌，曾持有的南方安逸等品牌已于2016年出售。
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。
BF.B vs DOC — 直观对比
营收规模更大
BF.B
是对方的1.4倍
$719.4M
营收增速更快
DOC
高出8.5%
-5.4%
净利率更高
DOC
高出51.6%
21.6%
自由现金流更多
DOC
多$250.0M
$107.0M
两年增速更快
DOC
近两年复合增速
-1.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $719.4M |
| 净利润 | $224.0M | $114.0M |
| 毛利率 | 59.4% | — |
| 营业利润率 | 29.4% | 17.4% |
| 净利率 | 21.6% | 73.2% |
| 营收同比 | -5.4% | 3.1% |
| 净利润同比 | -13.2% | 2406.4% |
| 每股收益（稀释后） | $0.47 | $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BF.BDOC
| Q4 25 | $1.0B | $719.4M | ||
| Q3 25 | $924.0M | $705.9M | ||
| Q2 25 | $894.0M | $694.3M | ||
| Q1 25 | $1.0B | $702.9M | ||
| Q4 24 | $1.1B | $698.0M | ||
| Q3 24 | $951.0M | $700.4M | ||
| Q2 24 | $964.0M | $695.5M | ||
| Q1 24 | $1.1B | $606.6M |
净利润BF.BDOC
| Q4 25 | $224.0M | $114.0M | ||
| Q3 25 | $170.0M | $-117.1M | ||
| Q2 25 | $146.0M | $31.7M | ||
| Q1 25 | $270.0M | $42.8M | ||
| Q4 24 | $258.0M | $4.5M | ||
| Q3 24 | $195.0M | $85.9M | ||
| Q2 24 | $266.0M | $146.0M | ||
| Q1 24 | $285.0M | $6.7M |
毛利率BF.BDOC
| Q4 25 | 59.4% | — | ||
| Q3 25 | 59.7% | 58.6% | ||
| Q2 25 | 57.4% | 60.2% | ||
| Q1 25 | 59.8% | 61.1% | ||
| Q4 24 | 59.0% | 60.3% | ||
| Q3 24 | 59.4% | 60.0% | ||
| Q2 24 | 59.0% | 60.6% | ||
| Q1 24 | 59.4% | 59.8% |
营业利润率BF.BDOC
| Q4 25 | 29.4% | 17.4% | ||
| Q3 25 | 28.1% | 9.2% | ||
| Q2 25 | 22.9% | 5.7% | ||
| Q1 25 | 27.1% | 7.7% | ||
| Q4 24 | 31.1% | -2.2% | ||
| Q3 24 | 29.5% | 14.1% | ||
| Q2 24 | 38.9% | 22.3% | ||
| Q1 24 | 34.9% | 3.7% |
净利率BF.BDOC
| Q4 25 | 21.6% | 73.2% | ||
| Q3 25 | 18.4% | -16.6% | ||
| Q2 25 | 16.3% | 4.6% | ||
| Q1 25 | 26.1% | 6.1% | ||
| Q4 24 | 23.6% | 0.7% | ||
| Q3 24 | 20.5% | 12.3% | ||
| Q2 24 | 27.6% | 21.0% | ||
| Q1 24 | 26.7% | 1.1% |
每股收益（稀释后）BF.BDOC
| Q4 25 | $0.47 | $0.16 | ||
| Q3 25 | $0.36 | $-0.17 | ||
| Q2 25 | $0.31 | $0.05 | ||
| Q1 25 | $0.57 | $0.06 | ||
| Q4 24 | $0.55 | $0.02 | ||
| Q3 24 | $0.41 | $0.12 | ||
| Q2 24 | $0.56 | $0.21 | ||
| Q1 24 | $0.60 | $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 | $319.0M | $467.5M |
| 总债务越低越好 | $2.4B | $9.8B |
| 股东权益账面价值 | $4.1B | $7.5B |
| 总资产 | $8.2B | $20.3B |
| 负债/权益比越低杠杆越低 | 0.59× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资BF.BDOC
| Q4 25 | $319.0M | $467.5M | ||
| Q3 25 | $471.0M | $91.0M | ||
| Q2 25 | $444.0M | $89.4M | ||
| Q1 25 | $599.0M | $70.6M | ||
| Q4 24 | $416.0M | $119.8M | ||
| Q3 24 | $416.0M | $180.4M | ||
| Q2 24 | $446.0M | $106.9M | ||
| Q1 24 | $589.0M | $101.8M |
总债务BF.BDOC
| Q4 25 | $2.4B | $9.8B | ||
| Q3 25 | $2.4B | $9.1B | ||
| Q2 25 | $2.4B | $9.0B | ||
| Q1 25 | $2.7B | $8.9B | ||
| Q4 24 | $2.7B | $8.7B | ||
| Q3 24 | $2.7B | $8.6B | ||
| Q2 24 | $2.7B | $8.6B | ||
| Q1 24 | $2.7B | $8.8B |
股东权益BF.BDOC
| Q4 25 | $4.1B | $7.5B | ||
| Q3 25 | $4.0B | $7.6B | ||
| Q2 25 | $4.0B | $7.9B | ||
| Q1 25 | $3.8B | $8.2B | ||
| Q4 24 | $3.7B | $8.4B | ||
| Q3 24 | $3.5B | $8.6B | ||
| Q2 24 | $3.5B | $8.8B | ||
| Q1 24 | $3.2B | $8.9B |
总资产BF.BDOC
| Q4 25 | $8.2B | $20.3B | ||
| Q3 25 | $8.2B | $19.6B | ||
| Q2 25 | $8.1B | $19.8B | ||
| Q1 25 | $8.1B | $19.8B | ||
| Q4 24 | $8.3B | $19.9B | ||
| Q3 24 | $8.2B | $20.0B | ||
| Q2 24 | $8.2B | $20.2B | ||
| Q1 24 | $8.2B | $20.5B |
负债/权益比BF.BDOC
| Q4 25 | 0.59× | 1.31× | ||
| Q3 25 | 0.61× | 1.20× | ||
| Q2 25 | 0.61× | 1.14× | ||
| Q1 25 | 0.70× | 1.08× | ||
| Q4 24 | 0.73× | 1.04× | ||
| Q3 24 | 0.77× | 1.00× | ||
| Q2 24 | 0.76× | 0.98× | ||
| Q1 24 | 0.83× | 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 | $132.0M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $107.0M | $357.0M |
| 自由现金流率自由现金流/营收 | 10.3% | 49.6% |
| 资本支出强度资本支出/营收 | 2.4% | 124.4% |
| 现金转化率经营现金流/净利润 | 0.59× | 10.99× |
| 过去12个月自由现金流最近4个季度 | $610.0M | — |
8季度趋势，按日历期对齐
经营现金流BF.BDOC
| Q4 25 | $132.0M | $1.3B | ||
| Q3 25 | $160.0M | $315.0M | ||
| Q2 25 | $152.0M | $363.5M | ||
| Q1 25 | $317.0M | $279.4M | ||
| Q4 24 | $112.0M | $1.1B | ||
| Q3 24 | $17.0M | $318.2M | ||
| Q2 24 | $285.0M | $316.2M | ||
| Q1 24 | $265.0M | $152.6M |
自由现金流BF.BDOC
| Q4 25 | $107.0M | $357.0M | ||
| Q3 25 | $129.0M | — | ||
| Q2 25 | $102.0M | — | ||
| Q1 25 | $272.0M | — | ||
| Q4 24 | $81.0M | $333.7M | ||
| Q3 24 | $-24.0M | — | ||
| Q2 24 | $205.0M | — | ||
| Q1 24 | $196.0M | — |
自由现金流率BF.BDOC
| Q4 25 | 10.3% | 49.6% | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 26.3% | — | ||
| Q4 24 | 7.4% | 47.8% | ||
| Q3 24 | -2.5% | — | ||
| Q2 24 | 21.3% | — | ||
| Q1 24 | 18.3% | — |
资本支出强度BF.BDOC
| Q4 25 | 2.4% | 124.4% | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 2.8% | 105.6% | ||
| Q3 24 | 4.3% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | 6.5% | — |
现金转化率BF.BDOC
| Q4 25 | 0.59× | 10.99× | ||
| Q3 25 | 0.94× | — | ||
| Q2 25 | 1.04× | 11.48× | ||
| Q1 25 | 1.17× | 6.52× | ||
| Q4 24 | 0.43× | 235.43× | ||
| Q3 24 | 0.09× | 3.71× | ||
| Q2 24 | 1.07× | 2.17× | ||
| Q1 24 | 0.93× | 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
BF.B
| Whiskey | $771.0M | 74% |
| Ready To Drink | $138.0M | 13% |
| Tequila | $67.0M | 6% |
| Restofportfolio | $52.0M | 5% |
| Nonbrandedandbulk | $8.0M | 1% |
DOC
暂无分部数据
