vs
Maplebear Inc.（CART）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
Maplebear Inc.的季度营收约是Healthpeak Properties的1.4倍（$992.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 8.2%，领先65.0%），Maplebear Inc.同比增速更快（12.3% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $171.0M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs 8.9%）
Maplebear Inc. 以Instacart为品牌开展业务，是总部位于美国旧金山的零售媒体及配送企业，在美国和加拿大运营生鲜杂货配送与自提服务。用户可通过官网及移动应用从合作商户订购食品杂货，在法律允许的地区还可选购酒类商品，所有订单由专属采购专员负责拣选、打包并配送上门。
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。
CART vs DOC — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $719.4M |
| 净利润 | $81.0M | $114.0M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | 17.4% |
| 净利率 | 8.2% | 73.2% |
| 营收同比 | 12.3% | 3.1% |
| 净利润同比 | -45.3% | 2406.4% |
| 每股收益（稀释后） | $0.31 | $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 | $992.0M | $719.4M | ||
| Q3 25 | $939.0M | $705.9M | ||
| Q2 25 | $914.0M | $694.3M | ||
| Q1 25 | $897.0M | $702.9M | ||
| Q4 24 | $883.0M | $698.0M | ||
| Q3 24 | $852.0M | $700.4M | ||
| Q2 24 | $823.0M | $695.5M | ||
| Q1 24 | $820.0M | $606.6M |
| Q4 25 | $81.0M | $114.0M | ||
| Q3 25 | $144.0M | $-117.1M | ||
| Q2 25 | $116.0M | $31.7M | ||
| Q1 25 | $106.0M | $42.8M | ||
| Q4 24 | $148.0M | $4.5M | ||
| Q3 24 | $118.0M | $85.9M | ||
| Q2 24 | $61.0M | $146.0M | ||
| Q1 24 | $130.0M | $6.7M |
| Q4 25 | 72.3% | — | ||
| Q3 25 | 73.7% | 58.6% | ||
| Q2 25 | 74.2% | 60.2% | ||
| Q1 25 | 74.8% | 61.1% | ||
| Q4 24 | 75.2% | 60.3% | ||
| Q3 24 | 75.2% | 60.0% | ||
| Q2 24 | 75.7% | 60.6% | ||
| Q1 24 | 74.9% | 59.8% |
| Q4 25 | 9.9% | 17.4% | ||
| Q3 25 | 17.7% | 9.2% | ||
| Q2 25 | 13.6% | 5.7% | ||
| Q1 25 | 12.3% | 7.7% | ||
| Q4 24 | 17.6% | -2.2% | ||
| Q3 24 | 16.2% | 14.1% | ||
| Q2 24 | 6.3% | 22.3% | ||
| Q1 24 | 17.6% | 3.7% |
| Q4 25 | 8.2% | 73.2% | ||
| Q3 25 | 15.3% | -16.6% | ||
| Q2 25 | 12.7% | 4.6% | ||
| Q1 25 | 11.8% | 6.1% | ||
| Q4 24 | 16.8% | 0.7% | ||
| Q3 24 | 13.8% | 12.3% | ||
| Q2 24 | 7.4% | 21.0% | ||
| Q1 24 | 15.9% | 1.1% |
| Q4 25 | $0.31 | $0.16 | ||
| Q3 25 | $0.51 | $-0.17 | ||
| Q2 25 | $0.41 | $0.05 | ||
| Q1 25 | $0.37 | $0.06 | ||
| Q4 24 | $0.53 | $0.02 | ||
| Q3 24 | $0.42 | $0.12 | ||
| Q2 24 | $0.20 | $0.21 | ||
| Q1 24 | $0.43 | $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 | $687.0M | $467.5M |
| 总债务越低越好 | — | $9.8B |
| 股东权益账面价值 | $2.5B | $7.5B |
| 总资产 | $3.7B | $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
| Q4 25 | $687.0M | $467.5M | ||
| Q3 25 | $1.7B | $91.0M | ||
| Q2 25 | $1.6B | $89.4M | ||
| Q1 25 | $1.6B | $70.6M | ||
| Q4 24 | $1.4B | $119.8M | ||
| Q3 24 | $1.3B | $180.4M | ||
| Q2 24 | $1.4B | $106.9M | ||
| Q1 24 | $1.5B | $101.8M |
| 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 |
| Q4 25 | $2.5B | $7.5B | ||
| Q3 25 | $3.5B | $7.6B | ||
| Q2 25 | $3.3B | $7.9B | ||
| Q1 25 | $3.2B | $8.2B | ||
| Q4 24 | $3.1B | $8.4B | ||
| Q3 24 | $2.9B | $8.6B | ||
| Q2 24 | $3.0B | $8.8B | ||
| Q1 24 | $3.1B | $8.9B |
| Q4 25 | $3.7B | $20.3B | ||
| Q3 25 | $4.5B | $19.6B | ||
| Q2 25 | $4.4B | $19.8B | ||
| Q1 25 | $4.3B | $19.8B | ||
| Q4 24 | $4.1B | $19.9B | ||
| Q3 24 | $3.9B | $20.0B | ||
| Q2 24 | $4.0B | $20.2B | ||
| Q1 24 | $4.1B | $20.5B |
| 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 | $183.0M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $357.0M |
| 自由现金流率自由现金流/营收 | 17.2% | 49.6% |
| 资本支出强度资本支出/营收 | 1.2% | 124.4% |
| 现金转化率经营现金流/净利润 | 2.26× | 10.99× |
| 过去12个月自由现金流最近4个季度 | $910.0M | — |
8季度趋势，按日历期对齐
| Q4 25 | $183.0M | $1.3B | ||
| Q3 25 | $287.0M | $315.0M | ||
| Q2 25 | $203.0M | $363.5M | ||
| Q1 25 | $298.0M | $279.4M | ||
| Q4 24 | $153.0M | $1.1B | ||
| Q3 24 | $185.0M | $318.2M | ||
| Q2 24 | $244.0M | $316.2M | ||
| Q1 24 | $105.0M | $152.6M |
| Q4 25 | $171.0M | $357.0M | ||
| Q3 25 | $272.0M | — | ||
| Q2 25 | $187.0M | — | ||
| Q1 25 | $280.0M | — | ||
| Q4 24 | $141.0M | $333.7M | ||
| Q3 24 | $171.0M | — | ||
| Q2 24 | $220.0M | — | ||
| Q1 24 | $91.0M | — |
| Q4 25 | 17.2% | 49.6% | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 16.0% | 47.8% | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 26.7% | — | ||
| Q1 24 | 11.1% | — |
| Q4 25 | 1.2% | 124.4% | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.4% | 105.6% | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | 2.26× | 10.99× | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.75× | 11.48× | ||
| Q1 25 | 2.81× | 6.52× | ||
| Q4 24 | 1.03× | 235.43× | ||
| Q3 24 | 1.57× | 3.71× | ||
| Q2 24 | 4.00× | 2.17× | ||
| Q1 24 | 0.81× | 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
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
DOC
暂无分部数据
