vs
Burlington Stores, Inc.（BURL）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
Welltower的季度营收约是Burlington Stores, Inc.的1.2倍（$3.4B vs $2.7B），Welltower净利率更高（22.4% vs 3.9%，领先18.6%），Welltower同比增速更快（38.3% vs 7.1%），过去两年Welltower的营收复合增速更高（55.1% vs -6.9%）
伯灵顿百货（前身为伯灵顿大衣厂）是美国知名全国性折扣零售商，在全美46个州及波多黎各拥有超过1138家门店，总部位于新泽西州伯灵顿镇。2007年公司被贝恩资本收购，2008年汤姆·金斯伯里出任总裁兼首席执行官，2013年重新上市，现为美国第三大折扣零售企业。
Welltower Inc.是一家专注于医疗基础设施领域的房地产投资信托企业，核心业务为医疗类地产投资运营。截至2022年12月31日，公司投资的物业总量约3000处，全部布局于美国、加拿大及英国市场，是全球医疗地产投资领域的代表性企业之一。
BURL vs WELL — 直观对比
营收规模更大
WELL
是对方的1.2倍
$2.7B
营收增速更快
WELL
高出31.2%
7.1%
净利率更高
WELL
高出18.6%
3.9%
两年增速更快
WELL
近两年复合增速
-6.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.4B |
| 净利润 | $104.8M | $752.3M |
| 毛利率 | 44.2% | — |
| 营业利润率 | 5.1% | — |
| 净利率 | 3.9% | 22.4% |
| 营收同比 | 7.1% | 38.3% |
| 净利润同比 | 15.6% | 192.4% |
| 每股收益（稀释后） | $1.63 | — |
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BURLWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.7B | $2.6B | ||
| Q3 25 | $2.7B | $2.1B | ||
| Q2 25 | $2.5B | $2.0B | ||
| Q1 25 | $3.3B | $1.9B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $2.5B | $1.5B | ||
| Q2 24 | $2.4B | $1.4B |
净利润BURLWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $104.8M | $117.8M | ||
| Q3 25 | $94.2M | $282.2M | ||
| Q2 25 | $100.8M | $304.6M | ||
| Q1 25 | $260.8M | $257.3M | ||
| Q4 24 | $90.6M | $123.8M | ||
| Q3 24 | $73.8M | $456.8M | ||
| Q2 24 | $78.5M | $260.7M |
毛利率BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | 44.2% | 24.3% | ||
| Q3 25 | 43.7% | 23.5% | ||
| Q2 25 | 43.8% | 23.2% | ||
| Q1 25 | 42.9% | 21.6% | ||
| Q4 24 | 43.9% | 20.0% | ||
| Q3 24 | 42.8% | 19.8% | ||
| Q2 24 | 43.5% | 20.2% |
营业利润率BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 4.7% | 14.2% | ||
| Q2 25 | 5.3% | 15.1% | ||
| Q1 25 | 10.6% | 10.7% | ||
| Q4 24 | 4.7% | 6.2% | ||
| Q3 24 | 4.0% | 12.2% | ||
| Q2 24 | 4.7% | 6.5% |
净利率BURLWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 3.9% | 4.6% | ||
| Q3 25 | 3.5% | 13.7% | ||
| Q2 25 | 4.0% | 15.5% | ||
| Q1 25 | 8.0% | 13.8% | ||
| Q4 24 | 3.6% | 7.0% | ||
| Q3 24 | 3.0% | 30.2% | ||
| Q2 24 | 3.3% | 18.7% |
每股收益（稀释后）BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | $1.63 | $0.13 | ||
| Q3 25 | $1.47 | $0.41 | ||
| Q2 25 | $1.58 | $0.45 | ||
| Q1 25 | $4.03 | $0.40 | ||
| Q4 24 | $1.40 | $0.20 | ||
| Q3 24 | $1.15 | $0.73 | ||
| Q2 24 | $1.22 | $0.42 |
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 | $584.1M | $4.7B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $1.5B | $44.7B |
| 总资产 | $9.6B | $67.2B |
| 负债/权益比越低杠杆越低 | 1.32× | — |
8季度趋势，按日历期对齐
现金及短期投资BURLWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $584.1M | $5.0B | ||
| Q3 25 | $747.6M | $6.8B | ||
| Q2 25 | $371.1M | $4.4B | ||
| Q1 25 | $994.7M | $3.5B | ||
| Q4 24 | $857.8M | $3.5B | ||
| Q3 24 | $659.9M | $3.6B | ||
| Q2 24 | $742.3M | $2.8B |
总债务BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $19.2B | ||
| Q3 25 | $2.0B | $16.9B | ||
| Q2 25 | $1.6B | $16.0B | ||
| Q1 25 | $1.5B | $15.7B | ||
| Q4 24 | $1.5B | $15.5B | ||
| Q3 24 | $1.2B | $15.8B | ||
| Q2 24 | $1.2B | $13.9B |
股东权益BURLWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $1.5B | $42.1B | ||
| Q3 25 | $1.4B | $38.8B | ||
| Q2 25 | $1.4B | $35.9B | ||
| Q1 25 | $1.4B | $34.0B | ||
| Q4 24 | $1.1B | $32.0B | ||
| Q3 24 | $1.1B | $30.3B | ||
| Q2 24 | $1.0B | $29.0B |
总资产BURLWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $9.6B | $67.3B | ||
| Q3 25 | $9.3B | $59.5B | ||
| Q2 25 | $8.5B | $55.8B | ||
| Q1 25 | $8.8B | $53.3B | ||
| Q4 24 | $8.4B | $51.0B | ||
| Q3 24 | $7.8B | $49.0B | ||
| Q2 24 | $7.7B | $45.5B |
负债/权益比BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 0.46× | ||
| Q3 25 | 1.40× | 0.43× | ||
| Q2 25 | 1.21× | 0.44× | ||
| Q1 25 | 1.12× | 0.46× | ||
| Q4 24 | 1.35× | 0.49× | ||
| Q3 24 | 1.15× | 0.52× | ||
| Q2 24 | 1.20× | 0.48× |
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 | $143.3M | — |
| 自由现金流经营现金流 - 资本支出 | $-109.6M | — |
| 自由现金流率自由现金流/营收 | -4.1% | — |
| 资本支出强度资本支出/营收 | 9.3% | — |
| 现金转化率经营现金流/净利润 | 1.37× | — |
| 过去12个月自由现金流最近4个季度 | $-358.5M | — |
8季度趋势，按日历期对齐
经营现金流BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | $143.3M | $654.3M | ||
| Q3 25 | $179.4M | $858.4M | ||
| Q2 25 | $-28.9M | $770.0M | ||
| Q1 25 | $543.2M | $599.0M | ||
| Q4 24 | $110.4M | $559.2M | ||
| Q3 24 | $160.4M | $685.0M | ||
| Q2 24 | $49.4M | $605.4M |
自由现金流BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | $-109.6M | $340.4M | ||
| Q3 25 | $-101.0K | $595.3M | ||
| Q2 25 | $-438.6M | $537.2M | ||
| Q1 25 | $189.8M | $358.6M | ||
| Q4 24 | $-56.2M | $240.4M | ||
| Q3 24 | $-35.2M | $443.8M | ||
| Q2 24 | $-115.5M | $440.3M |
自由现金流率BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | -4.1% | 13.3% | ||
| Q3 25 | -0.0% | 28.9% | ||
| Q2 25 | -17.5% | 27.3% | ||
| Q1 25 | 5.8% | 19.2% | ||
| Q4 24 | -2.2% | 13.6% | ||
| Q3 24 | -1.4% | 29.4% | ||
| Q2 24 | -4.9% | 31.6% |
资本支出强度BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | 12.3% | ||
| Q3 25 | 6.6% | 12.8% | ||
| Q2 25 | 16.4% | 11.8% | ||
| Q1 25 | 10.8% | 12.9% | ||
| Q4 24 | 6.6% | 18.1% | ||
| Q3 24 | 7.9% | 16.0% | ||
| Q2 24 | 7.0% | 11.8% |
现金转化率BURLWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 5.56× | ||
| Q3 25 | 1.91× | 3.04× | ||
| Q2 25 | -0.29× | 2.53× | ||
| Q1 25 | 2.08× | 2.33× | ||
| Q4 24 | 1.22× | 4.52× | ||
| Q3 24 | 2.18× | 1.50× | ||
| Q2 24 | 0.63× | 2.32× |
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
BURL
暂无分部数据
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
