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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
BRIGHT HORIZONS FAMILY SOLUTIONS INC.的季度营收约是Healthpeak Properties的1.0倍（$733.7M vs $719.4M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $258.5M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 8.5%）
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
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。
BFAM vs DOC — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $719.4M |
| 净利润 | — | $114.0M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 17.4% |
| 净利率 | — | 73.2% |
| 营收同比 | 8.8% | 3.1% |
| 净利润同比 | — | 2406.4% |
| 每股收益（稀释后） | $0.38 | $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
| Q4 25 | $733.7M | $719.4M | ||
| Q3 25 | $802.8M | $705.9M | ||
| Q2 25 | $731.6M | $694.3M | ||
| Q1 25 | $665.5M | $702.9M | ||
| Q4 24 | $674.1M | $698.0M | ||
| Q3 24 | $719.1M | $700.4M | ||
| Q2 24 | $670.1M | $695.5M | ||
| Q1 24 | $622.7M | $606.6M |
| Q4 25 | — | $114.0M | ||
| Q3 25 | $78.6M | $-117.1M | ||
| Q2 25 | $54.8M | $31.7M | ||
| Q1 25 | $38.0M | $42.8M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $54.9M | $85.9M | ||
| Q2 24 | $39.2M | $146.0M | ||
| Q1 24 | $17.0M | $6.7M |
| Q4 25 | 19.3% | — | ||
| Q3 25 | 27.0% | 58.6% | ||
| Q2 25 | 25.0% | 60.2% | ||
| Q1 25 | 23.4% | 61.1% | ||
| Q4 24 | 20.8% | 60.3% | ||
| Q3 24 | 25.2% | 60.0% | ||
| Q2 24 | 24.2% | 60.6% | ||
| Q1 24 | 21.7% | 59.8% |
| Q4 25 | 6.2% | 17.4% | ||
| Q3 25 | 15.1% | 9.2% | ||
| Q2 25 | 11.8% | 5.7% | ||
| Q1 25 | 9.4% | 7.7% | ||
| Q4 24 | 7.2% | -2.2% | ||
| Q3 24 | 12.4% | 14.1% | ||
| Q2 24 | 10.3% | 22.3% | ||
| Q1 24 | 6.4% | 3.7% |
| Q4 25 | — | 73.2% | ||
| Q3 25 | 9.8% | -16.6% | ||
| Q2 25 | 7.5% | 4.6% | ||
| Q1 25 | 5.7% | 6.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 7.6% | 12.3% | ||
| Q2 24 | 5.8% | 21.0% | ||
| Q1 24 | 2.7% | 1.1% |
| Q4 25 | $0.38 | $0.16 | ||
| Q3 25 | $1.37 | $-0.17 | ||
| Q2 25 | $0.95 | $0.05 | ||
| Q1 25 | $0.66 | $0.06 | ||
| Q4 24 | $0.50 | $0.02 | ||
| Q3 24 | $0.94 | $0.12 | ||
| Q2 24 | $0.67 | $0.21 | ||
| Q1 24 | $0.29 | $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 | $140.1M | $467.5M |
| 总债务越低越好 | $747.6M | $9.8B |
| 股东权益账面价值 | $1.3B | $7.5B |
| 总资产 | $3.9B | $20.3B |
| 负债/权益比越低杠杆越低 | 0.56× | 1.31× |
8季度趋势，按日历期对齐
| Q4 25 | $140.1M | $467.5M | ||
| Q3 25 | $116.6M | $91.0M | ||
| Q2 25 | $179.2M | $89.4M | ||
| Q1 25 | $112.0M | $70.6M | ||
| Q4 24 | $110.3M | $119.8M | ||
| Q3 24 | $109.9M | $180.4M | ||
| Q2 24 | $140.2M | $106.9M | ||
| Q1 24 | $63.7M | $101.8M |
| Q4 25 | $747.6M | $9.8B | ||
| Q3 25 | $747.5M | $9.1B | ||
| Q2 25 | $797.0M | $9.0B | ||
| Q1 25 | $872.7M | $8.9B | ||
| Q4 24 | $918.4M | $8.7B | ||
| Q3 24 | $925.7M | $8.6B | ||
| Q2 24 | $931.9M | $8.6B | ||
| Q1 24 | $938.1M | $8.8B |
| Q4 25 | $1.3B | $7.5B | ||
| Q3 25 | $1.4B | $7.6B | ||
| Q2 25 | $1.4B | $7.9B | ||
| Q1 25 | $1.3B | $8.2B | ||
| Q4 24 | $1.3B | $8.4B | ||
| Q3 24 | $1.4B | $8.6B | ||
| Q2 24 | $1.3B | $8.8B | ||
| Q1 24 | $1.2B | $8.9B |
| Q4 25 | $3.9B | $20.3B | ||
| Q3 25 | $3.9B | $19.6B | ||
| Q2 25 | $3.9B | $19.8B | ||
| Q1 25 | $3.8B | $19.8B | ||
| Q4 24 | $3.9B | $19.9B | ||
| Q3 24 | $3.9B | $20.0B | ||
| Q2 24 | $3.8B | $20.2B | ||
| Q1 24 | $3.8B | $20.5B |
| Q4 25 | 0.56× | 1.31× | ||
| Q3 25 | 0.52× | 1.20× | ||
| Q2 25 | 0.57× | 1.14× | ||
| Q1 25 | 0.66× | 1.08× | ||
| Q4 24 | 0.72× | 1.04× | ||
| Q3 24 | 0.66× | 1.00× | ||
| Q2 24 | 0.73× | 0.98× | ||
| Q1 24 | 0.76× | 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 | $350.7M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $357.0M |
| 自由现金流率自由现金流/营收 | 35.2% | 49.6% |
| 资本支出强度资本支出/营收 | 12.6% | 124.4% |
| 现金转化率经营现金流/净利润 | — | 10.99× |
| 过去12个月自由现金流最近4个季度 | $402.4M | — |
8季度趋势，按日历期对齐
| Q4 25 | $350.7M | $1.3B | ||
| Q3 25 | $-17.6M | $315.0M | ||
| Q2 25 | $134.2M | $363.5M | ||
| Q1 25 | $86.2M | $279.4M | ||
| Q4 24 | $337.5M | $1.1B | ||
| Q3 24 | $-8.9M | $318.2M | ||
| Q2 24 | $109.4M | $316.2M | ||
| Q1 24 | $116.3M | $152.6M |
| Q4 25 | $258.5M | $357.0M | ||
| Q3 25 | $-42.4M | — | ||
| Q2 25 | $115.4M | — | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $240.2M | $333.7M | ||
| Q3 24 | $-32.2M | — | ||
| Q2 24 | $86.8M | — | ||
| Q1 24 | $96.9M | — |
| Q4 25 | 35.2% | 49.6% | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 35.6% | 47.8% | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 15.6% | — |
| Q4 25 | 12.6% | 124.4% | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 14.4% | 105.6% | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.1% | — |
| Q4 25 | — | 10.99× | ||
| Q3 25 | -0.22× | — | ||
| Q2 25 | 2.45× | 11.48× | ||
| Q1 25 | 2.26× | 6.52× | ||
| Q4 24 | — | 235.43× | ||
| Q3 24 | -0.16× | 3.71× | ||
| Q2 24 | 2.79× | 2.17× | ||
| Q1 24 | 6.85× | 22.85× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
