vs
Coterra（CTRA）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Coterra的1.9倍（$3.4B vs $1.8B），Welltower净利率更高（22.4% vs 20.6%，领先1.9%），Welltower同比增速更快（38.3% vs 23.8%），过去两年Welltower的营收复合增速更高（55.1% vs 11.8%）
Coterra Energy Inc.是总部位于美国得克萨斯州休斯敦的能源企业，核心业务为油气勘探开发，运营布局覆盖二叠纪盆地、马塞勒斯页岩区及阿纳达科盆地等北美核心油气产区，具备成熟的勘探开发技术与丰富的项目运营经验。
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。
CTRA vs WELL — 直观对比
营收规模更大
WELL
是对方的1.9倍
$1.8B
营收增速更快
WELL
高出14.5%
23.8%
净利率更高
WELL
高出1.9%
20.6%
两年增速更快
WELL
近两年复合增速
11.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $3.4B |
| 净利润 | $368.0M | $752.3M |
| 毛利率 | — | — |
| 营业利润率 | 31.9% | — |
| 净利率 | 20.6% | 22.4% |
| 营收同比 | 23.8% | 38.3% |
| 净利润同比 | 23.9% | 192.4% |
| 每股收益（稀释后） | $0.47 | — |
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CTRAWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $1.8B | $2.6B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.7B | $2.0B | ||
| Q1 25 | $2.0B | $1.9B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.3B | $1.4B |
净利润CTRAWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $368.0M | $117.8M | ||
| Q3 25 | $322.0M | $282.2M | ||
| Q2 25 | $511.0M | $304.6M | ||
| Q1 25 | $516.0M | $257.3M | ||
| Q4 24 | $297.0M | $123.8M | ||
| Q3 24 | $252.0M | $456.8M | ||
| Q2 24 | $220.0M | $260.7M |
毛利率CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | 19.8% | ||
| Q2 24 | — | 20.2% |
营业利润率CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | 31.9% | — | ||
| Q3 25 | 26.8% | 14.2% | ||
| Q2 25 | 40.9% | 15.1% | ||
| Q1 25 | 34.8% | 10.7% | ||
| Q4 24 | 22.5% | 6.2% | ||
| Q3 24 | 25.3% | 12.2% | ||
| Q2 24 | 23.0% | 6.5% |
净利率CTRAWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 20.6% | 4.6% | ||
| Q3 25 | 18.3% | 13.7% | ||
| Q2 25 | 29.5% | 15.5% | ||
| Q1 25 | 25.6% | 13.8% | ||
| Q4 24 | 20.5% | 7.0% | ||
| Q3 24 | 19.5% | 30.2% | ||
| Q2 24 | 17.1% | 18.7% |
每股收益（稀释后）CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | $0.47 | $0.13 | ||
| Q3 25 | $0.42 | $0.41 | ||
| Q2 25 | $0.67 | $0.45 | ||
| Q1 25 | $0.68 | $0.40 | ||
| Q4 24 | $0.40 | $0.20 | ||
| Q3 24 | $0.34 | $0.73 | ||
| Q2 24 | $0.29 | $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 | $114.0M | $4.7B |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $14.8B | $44.7B |
| 总资产 | $24.2B | $67.2B |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资CTRAWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $114.0M | $5.0B | ||
| Q3 25 | $98.0M | $6.8B | ||
| Q2 25 | $192.0M | $4.4B | ||
| Q1 25 | $186.0M | $3.5B | ||
| Q4 24 | $2.0B | $3.5B | ||
| Q3 24 | $843.0M | $3.6B | ||
| Q2 24 | $1.3B | $2.8B |
总债务CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $19.2B | ||
| Q3 25 | $3.9B | $16.9B | ||
| Q2 25 | $4.2B | $16.0B | ||
| Q1 25 | $4.3B | $15.7B | ||
| Q4 24 | $3.5B | $15.5B | ||
| Q3 24 | $2.1B | $15.8B | ||
| Q2 24 | $2.6B | $13.9B |
股东权益CTRAWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $14.8B | $42.1B | ||
| Q3 25 | $14.7B | $38.8B | ||
| Q2 25 | $14.6B | $35.9B | ||
| Q1 25 | $14.2B | $34.0B | ||
| Q4 24 | $13.1B | $32.0B | ||
| Q3 24 | $13.0B | $30.3B | ||
| Q2 24 | $13.0B | $29.0B |
总资产CTRAWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $24.2B | $67.3B | ||
| Q3 25 | $24.0B | $59.5B | ||
| Q2 25 | $24.0B | $55.8B | ||
| Q1 25 | $24.0B | $53.3B | ||
| Q4 24 | $21.6B | $51.0B | ||
| Q3 24 | $20.1B | $49.0B | ||
| Q2 24 | $20.8B | $45.5B |
负债/权益比CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | 0.46× | ||
| Q3 25 | 0.27× | 0.43× | ||
| Q2 25 | 0.29× | 0.44× | ||
| Q1 25 | 0.30× | 0.46× | ||
| Q4 24 | 0.27× | 0.49× | ||
| Q3 24 | 0.16× | 0.52× | ||
| Q2 24 | 0.20× | 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 | $970.0M | — |
| 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 | 2.64× | — |
| 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CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | $970.0M | $654.3M | ||
| Q3 25 | $971.0M | $858.4M | ||
| Q2 25 | $936.0M | $770.0M | ||
| Q1 25 | $1.1B | $599.0M | ||
| Q4 24 | $626.0M | $559.2M | ||
| Q3 24 | $755.0M | $685.0M | ||
| Q2 24 | $558.0M | $605.4M |
自由现金流CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | $340.4M | ||
| Q3 25 | — | $595.3M | ||
| Q2 25 | — | $537.2M | ||
| Q1 25 | — | $358.6M | ||
| Q4 24 | — | $240.4M | ||
| Q3 24 | — | $443.8M | ||
| Q2 24 | — | $440.3M |
自由现金流率CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 28.9% | ||
| Q2 25 | — | 27.3% | ||
| Q1 25 | — | 19.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 31.6% |
资本支出强度CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 12.3% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 12.9% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 16.0% | ||
| Q2 24 | — | 11.8% |
现金转化率CTRAWELL
| Q1 26 | — | — | ||
| Q4 25 | 2.64× | 5.56× | ||
| Q3 25 | 3.02× | 3.04× | ||
| Q2 25 | 1.83× | 2.53× | ||
| Q1 25 | 2.22× | 2.33× | ||
| Q4 24 | 2.11× | 4.52× | ||
| Q3 24 | 3.00× | 1.50× | ||
| Q2 24 | 2.54× | 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
CTRA
| Oil And Condensate | $941.0M | 53% |
| Natural Gas Production | $615.0M | 34% |
| Natural Gas Liquids Reserves | $206.0M | 12% |
| Other Revenues | $28.0M | 2% |
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
