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柯蒂斯-莱特（CW）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
柯蒂斯-莱特的季度营收约是Healthpeak Properties的1.3倍（$947.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 14.5%，领先58.7%），柯蒂斯-莱特同比增速更快（14.9% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $315.1M），过去两年柯蒂斯-莱特的营收复合增速更高（15.2% vs 8.9%）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
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。
CW vs DOC — 直观对比
营收规模更大
CW
是对方的1.3倍
$719.4M
营收增速更快
CW
高出11.8%
3.1%
净利率更高
DOC
高出58.7%
14.5%
自由现金流更多
DOC
多$41.9M
$315.1M
两年增速更快
CW
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $719.4M |
| 净利润 | $137.0M | $114.0M |
| 毛利率 | 37.5% | — |
| 营业利润率 | 19.2% | 17.4% |
| 净利率 | 14.5% | 73.2% |
| 营收同比 | 14.9% | 3.1% |
| 净利润同比 | 16.2% | 2406.4% |
| 每股收益（稀释后） | $3.69 | $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
营收CWDOC
| Q4 25 | $947.0M | $719.4M | ||
| Q3 25 | $869.2M | $705.9M | ||
| Q2 25 | $876.6M | $694.3M | ||
| Q1 25 | $805.6M | $702.9M | ||
| Q4 24 | $824.3M | $698.0M | ||
| Q3 24 | $798.9M | $700.4M | ||
| Q2 24 | $784.8M | $695.5M | ||
| Q1 24 | $713.2M | $606.6M |
净利润CWDOC
| Q4 25 | $137.0M | $114.0M | ||
| Q3 25 | $124.8M | $-117.1M | ||
| Q2 25 | $121.1M | $31.7M | ||
| Q1 25 | $101.3M | $42.8M | ||
| Q4 24 | $117.9M | $4.5M | ||
| Q3 24 | $111.2M | $85.9M | ||
| Q2 24 | $99.5M | $146.0M | ||
| Q1 24 | $76.5M | $6.7M |
毛利率CWDOC
| Q4 25 | 37.5% | — | ||
| Q3 25 | 37.7% | 58.6% | ||
| Q2 25 | 37.2% | 60.2% | ||
| Q1 25 | 36.3% | 61.1% | ||
| Q4 24 | 38.5% | 60.3% | ||
| Q3 24 | 37.3% | 60.0% | ||
| Q2 24 | 36.2% | 60.6% | ||
| Q1 24 | 35.6% | 59.8% |
营业利润率CWDOC
| Q4 25 | 19.2% | 17.4% | ||
| Q3 25 | 19.1% | 9.2% | ||
| Q2 25 | 17.8% | 5.7% | ||
| Q1 25 | 16.0% | 7.7% | ||
| Q4 24 | 18.8% | -2.2% | ||
| Q3 24 | 18.1% | 14.1% | ||
| Q2 24 | 16.4% | 22.3% | ||
| Q1 24 | 14.0% | 3.7% |
净利率CWDOC
| Q4 25 | 14.5% | 73.2% | ||
| Q3 25 | 14.4% | -16.6% | ||
| Q2 25 | 13.8% | 4.6% | ||
| Q1 25 | 12.6% | 6.1% | ||
| Q4 24 | 14.3% | 0.7% | ||
| Q3 24 | 13.9% | 12.3% | ||
| Q2 24 | 12.7% | 21.0% | ||
| Q1 24 | 10.7% | 1.1% |
每股收益（稀释后）CWDOC
| Q4 25 | $3.69 | $0.16 | ||
| Q3 25 | $3.31 | $-0.17 | ||
| Q2 25 | $3.19 | $0.05 | ||
| Q1 25 | $2.68 | $0.06 | ||
| Q4 24 | $3.09 | $0.02 | ||
| Q3 24 | $2.89 | $0.12 | ||
| Q2 24 | $2.58 | $0.21 | ||
| Q1 24 | $1.99 | $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 | — | $467.5M |
| 总债务越低越好 | $957.9M | $9.8B |
| 股东权益账面价值 | $2.5B | $7.5B |
| 总资产 | $5.2B | $20.3B |
| 负债/权益比越低杠杆越低 | 0.38× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资CWDOC
| Q4 25 | — | $467.5M | ||
| Q3 25 | — | $91.0M | ||
| Q2 25 | — | $89.4M | ||
| Q1 25 | $226.5M | $70.6M | ||
| Q4 24 | $385.0M | $119.8M | ||
| Q3 24 | — | $180.4M | ||
| Q2 24 | — | $106.9M | ||
| Q1 24 | $338.0M | $101.8M |
总债务CWDOC
| Q4 25 | $957.9M | $9.8B | ||
| Q3 25 | $968.6M | $9.1B | ||
| Q2 25 | $958.4M | $9.0B | ||
| Q1 25 | $958.6M | $8.9B | ||
| Q4 24 | $1.0B | $8.7B | ||
| Q3 24 | $1.0B | $8.6B | ||
| Q2 24 | $1.0B | $8.6B | ||
| Q1 24 | $1.1B | $8.8B |
股东权益CWDOC
| Q4 25 | $2.5B | $7.5B | ||
| Q3 25 | $2.5B | $7.6B | ||
| Q2 25 | $2.7B | $7.9B | ||
| Q1 25 | $2.6B | $8.2B | ||
| Q4 24 | $2.4B | $8.4B | ||
| Q3 24 | $2.5B | $8.6B | ||
| Q2 24 | $2.5B | $8.8B | ||
| Q1 24 | $2.4B | $8.9B |
总资产CWDOC
| Q4 25 | $5.2B | $20.3B | ||
| Q3 25 | $5.1B | $19.6B | ||
| Q2 25 | $5.2B | $19.8B | ||
| Q1 25 | $5.0B | $19.8B | ||
| Q4 24 | $5.0B | $19.9B | ||
| Q3 24 | $4.9B | $20.0B | ||
| Q2 24 | $4.7B | $20.2B | ||
| Q1 24 | $4.6B | $20.5B |
负债/权益比CWDOC
| Q4 25 | 0.38× | 1.31× | ||
| Q3 25 | 0.38× | 1.20× | ||
| Q2 25 | 0.35× | 1.14× | ||
| Q1 25 | 0.37× | 1.08× | ||
| Q4 24 | 0.43× | 1.04× | ||
| Q3 24 | 0.42× | 1.00× | ||
| Q2 24 | 0.43× | 0.98× | ||
| Q1 24 | 0.44× | 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 | $352.7M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $315.1M | $357.0M |
| 自由现金流率自由现金流/营收 | 33.3% | 49.6% |
| 资本支出强度资本支出/营收 | 4.0% | 124.4% |
| 现金转化率经营现金流/净利润 | 2.57× | 10.99× |
| 过去12个月自由现金流最近4个季度 | $553.7M | — |
8季度趋势，按日历期对齐
经营现金流CWDOC
| Q4 25 | $352.7M | $1.3B | ||
| Q3 25 | $192.8M | $315.0M | ||
| Q2 25 | $136.6M | $363.5M | ||
| Q1 25 | $-38.8M | $279.4M | ||
| Q4 24 | $301.3M | $1.1B | ||
| Q3 24 | $177.3M | $318.2M | ||
| Q2 24 | $111.3M | $316.2M | ||
| Q1 24 | $-45.6M | $152.6M |
自由现金流CWDOC
| Q4 25 | $315.1M | $357.0M | ||
| Q3 25 | $175.9M | — | ||
| Q2 25 | $117.2M | — | ||
| Q1 25 | $-54.5M | — | ||
| Q4 24 | $278.0M | $333.7M | ||
| Q3 24 | $162.7M | — | ||
| Q2 24 | $100.3M | — | ||
| Q1 24 | $-57.7M | — |
自由现金流率CWDOC
| Q4 25 | 33.3% | 49.6% | ||
| Q3 25 | 20.2% | — | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | -6.8% | — | ||
| Q4 24 | 33.7% | 47.8% | ||
| Q3 24 | 20.4% | — | ||
| Q2 24 | 12.8% | — | ||
| Q1 24 | -8.1% | — |
资本支出强度CWDOC
| Q4 25 | 4.0% | 124.4% | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.8% | 105.6% | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.7% | — |
现金转化率CWDOC
| Q4 25 | 2.57× | 10.99× | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 1.13× | 11.48× | ||
| Q1 25 | -0.38× | 6.52× | ||
| Q4 24 | 2.56× | 235.43× | ||
| Q3 24 | 1.59× | 3.71× | ||
| Q2 24 | 1.12× | 2.17× | ||
| Q1 24 | -0.60× | 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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
DOC
暂无分部数据
