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CBL & ASSOCIATES PROPERTIES INC（CBL）与Doximity, Inc.（DOCS）财务数据对比。点击上方公司名可切换其他公司
Doximity, Inc.的季度营收约是CBL & ASSOCIATES PROPERTIES INC的1.2倍（$185.1M vs $156.4M），Doximity, Inc.净利率更高（33.3% vs 31.3%，领先1.9%），CBL & ASSOCIATES PROPERTIES INC同比增速更快（18.8% vs 9.8%），过去两年Doximity, Inc.的营收复合增速更高（25.2% vs 10.1%）
CBL联合地产是一家美国房地产投资信托企业，核心投资布局为购物中心与商业摩尔，业务主要集中在美国东南部与中西部地区。公司在特拉华州注册，总部设于田纳西州查塔努加，该城市也是其最大的布局市场，公司名称取自创始人查尔斯·B·勒博维茨的姓名首字母。
Doximity Inc成立于2010年，是面向医疗专业人士的线上社交服务平台，为平台会员提供精选医疗资讯、远程医疗工具，以及病例协作相关功能，助力医疗从业者高效交流信息、开展诊疗相关工作。
CBL vs DOCS — 直观对比
营收规模更大
DOCS
是对方的1.2倍
$156.4M
营收增速更快
CBL
高出9.0%
9.8%
净利率更高
DOCS
高出1.9%
31.3%
两年增速更快
DOCS
近两年复合增速
10.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $156.4M | $185.1M |
| 净利润 | $49.0M | $61.6M |
| 毛利率 | — | 89.9% |
| 营业利润率 | — | 38.9% |
| 净利率 | 31.3% | 33.3% |
| 营收同比 | 18.8% | 9.8% |
| 净利润同比 | 29.0% | -18.1% |
| 每股收益（稀释后） | $1.61 | $0.31 |
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CBLDOCS
| Q4 25 | $156.4M | $185.1M | ||
| Q3 25 | $139.3M | $168.5M | ||
| Q2 25 | $140.9M | $145.9M | ||
| Q1 25 | $141.8M | $138.3M | ||
| Q4 24 | $131.7M | $168.6M | ||
| Q3 24 | $125.1M | $136.8M | ||
| Q2 24 | $129.7M | $126.7M | ||
| Q1 24 | $129.1M | $118.1M |
净利润CBLDOCS
| Q4 25 | $49.0M | $61.6M | ||
| Q3 25 | $75.4M | $62.1M | ||
| Q2 25 | $2.8M | $53.3M | ||
| Q1 25 | $8.8M | $62.5M | ||
| Q4 24 | $38.0M | $75.2M | ||
| Q3 24 | $16.2M | $44.2M | ||
| Q2 24 | $4.7M | $41.4M | ||
| Q1 24 | $50.0K | $40.6M |
毛利率CBLDOCS
| Q4 25 | — | 89.9% | ||
| Q3 25 | — | 90.3% | ||
| Q2 25 | — | 89.2% | ||
| Q1 25 | — | 89.5% | ||
| Q4 24 | — | 91.6% | ||
| Q3 24 | — | 90.0% | ||
| Q2 24 | — | 89.3% | ||
| Q1 24 | — | 89.4% |
营业利润率CBLDOCS
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 37.8% | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 47.4% | ||
| Q3 24 | — | 38.8% | ||
| Q2 24 | — | 36.4% | ||
| Q1 24 | — | 35.5% |
净利率CBLDOCS
| Q4 25 | 31.3% | 33.3% | ||
| Q3 25 | 54.2% | 36.8% | ||
| Q2 25 | 2.0% | 36.5% | ||
| Q1 25 | 6.2% | 45.2% | ||
| Q4 24 | 28.8% | 44.6% | ||
| Q3 24 | 12.9% | 32.3% | ||
| Q2 24 | 3.7% | 32.7% | ||
| Q1 24 | 0.0% | 34.4% |
每股收益（稀释后）CBLDOCS
| Q4 25 | $1.61 | $0.31 | ||
| Q3 25 | $2.38 | $0.31 | ||
| Q2 25 | $0.08 | $0.27 | ||
| Q1 25 | $0.27 | $0.31 | ||
| Q4 24 | $1.22 | $0.37 | ||
| Q3 24 | $0.52 | $0.22 | ||
| Q2 24 | $0.14 | $0.21 | ||
| Q1 24 | $-0.01 | $0.20 |
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 | $42.3M | $64.8M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $374.9M | $979.3M |
| 总资产 | $2.7B | $1.2B |
| 负债/权益比越低杠杆越低 | 5.79× | — |
8季度趋势，按日历期对齐
现金及短期投资CBLDOCS
| Q4 25 | $42.3M | $64.8M | ||
| Q3 25 | $52.6M | $169.2M | ||
| Q2 25 | $100.3M | $137.3M | ||
| Q1 25 | $100.3M | $209.6M | ||
| Q4 24 | $40.8M | $165.3M | ||
| Q3 24 | $65.1M | $184.2M | ||
| Q2 24 | $57.7M | $111.4M | ||
| Q1 24 | $57.7M | $96.8M |
总债务CBLDOCS
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
股东权益CBLDOCS
| Q4 25 | $374.9M | $979.3M | ||
| Q3 25 | $351.4M | $1.1B | ||
| Q2 25 | $289.4M | $1.0B | ||
| Q1 25 | $295.0M | $1.1B | ||
| Q4 24 | $323.5M | $1.0B | ||
| Q3 24 | $308.3M | $961.2M | ||
| Q2 24 | $308.8M | $913.6M | ||
| Q1 24 | $324.2M | $901.4M |
总资产CBLDOCS
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.3B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.3B | $1.1B | ||
| Q1 24 | $2.3B | $1.1B |
负债/权益比CBLDOCS
| Q4 25 | 5.79× | — | ||
| Q3 25 | 6.21× | — | ||
| Q2 25 | 7.39× | — | ||
| Q1 25 | 7.29× | — | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 5.76× | — | ||
| Q2 24 | 6.00× | — | ||
| Q1 24 | 5.74× | — |
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 | $249.7M | $60.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.10× | 0.99× |
| 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CBLDOCS
| Q4 25 | $249.7M | $60.9M | ||
| Q3 25 | $69.6M | $93.9M | ||
| Q2 25 | $68.3M | $62.1M | ||
| Q1 25 | $31.7M | $98.5M | ||
| Q4 24 | $202.2M | $65.2M | ||
| Q3 24 | $61.1M | $68.3M | ||
| Q2 24 | $64.2M | $41.2M | ||
| Q1 24 | $30.7M | $63.9M |
自由现金流CBLDOCS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $46.0M | — | ||
| Q2 24 | $54.8M | — | ||
| Q1 24 | $24.7M | — |
自由现金流率CBLDOCS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.8% | — | ||
| Q2 24 | 42.2% | — | ||
| Q1 24 | 19.1% | — |
资本支出强度CBLDOCS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | 12.1% | 0.0% | ||
| Q2 24 | 7.3% | 0.0% | ||
| Q1 24 | 4.7% | 0.0% |
现金转化率CBLDOCS
| Q4 25 | 5.10× | 0.99× | ||
| Q3 25 | 0.92× | 1.51× | ||
| Q2 25 | 24.74× | 1.16× | ||
| Q1 25 | 3.60× | 1.58× | ||
| Q4 24 | 5.32× | 0.87× | ||
| Q3 24 | 3.77× | 1.55× | ||
| Q2 24 | 13.54× | 1.00× | ||
| Q1 24 | 614.76× | 1.57× |
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
CBL
暂无分部数据
DOCS
| Subscription | $175.4M | 95% |
| Service Other | $9.7M | 5% |
