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DoorDash（DASH）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是Welltower的1.4倍（$4.0B vs $2.8B），Welltower净利率更高（51.6% vs 7.1%，领先44.5%），Welltower同比增速更快（180.6% vs 8.3%），过去两年Welltower的营收复合增速更高（42.4% vs 23.9%）
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
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。
DASH vs WELL — 直观对比
营收规模更大
DASH
是对方的1.4倍
$2.8B
营收增速更快
WELL
高出172.2%
8.3%
净利率更高
WELL
高出44.5%
7.1%
两年增速更快
WELL
近两年复合增速
23.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $2.8B |
| 净利润 | $285.0M | $1.5B |
| 毛利率 | 39.8% | — |
| 营业利润率 | 3.7% | — |
| 净利率 | 7.1% | 51.6% |
| 营收同比 | 8.3% | 180.6% |
| 净利润同比 | 47.7% | 93.7% |
| 每股收益（稀释后） | $0.42 | — |
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DASHWELL
| Q1 26 | $4.0B | $2.8B | ||
| Q4 25 | $4.0B | $2.6B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.3B | $2.0B | ||
| Q1 25 | $3.0B | $1.9B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $2.7B | $1.5B | ||
| Q2 24 | $2.6B | $1.4B |
净利润DASHWELL
| Q1 26 | $285.0M | $1.5B | ||
| Q4 25 | $213.0M | $117.8M | ||
| Q3 25 | $244.0M | $282.2M | ||
| Q2 25 | $285.0M | $304.6M | ||
| Q1 25 | $193.0M | $257.3M | ||
| Q4 24 | $141.0M | $123.8M | ||
| Q3 24 | $162.0M | $456.8M | ||
| Q2 24 | $-157.0M | $260.7M |
毛利率DASHWELL
| Q1 26 | 39.8% | — | ||
| 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DASHWELL
| Q1 26 | 3.7% | — | ||
| Q4 25 | 3.7% | — | ||
| Q3 25 | 7.5% | 14.2% | ||
| Q2 25 | 5.0% | 15.1% | ||
| Q1 25 | 5.1% | 10.7% | ||
| Q4 24 | 4.1% | 6.2% | ||
| Q3 24 | 4.0% | 12.2% | ||
| Q2 24 | -7.6% | 6.5% |
净利率DASHWELL
| Q1 26 | 7.1% | 51.6% | ||
| Q4 25 | 5.4% | 4.6% | ||
| Q3 25 | 7.1% | 13.7% | ||
| Q2 25 | 8.7% | 15.5% | ||
| Q1 25 | 6.4% | 13.8% | ||
| Q4 24 | 4.9% | 7.0% | ||
| Q3 24 | 6.0% | 30.2% | ||
| Q2 24 | -6.0% | 18.7% |
每股收益（稀释后）DASHWELL
| Q1 26 | $0.42 | — | ||
| Q4 25 | $0.49 | $0.13 | ||
| Q3 25 | $0.55 | $0.41 | ||
| Q2 25 | $0.65 | $0.45 | ||
| Q1 25 | $0.44 | $0.40 | ||
| Q4 24 | $0.35 | $0.20 | ||
| Q3 24 | $0.38 | $0.73 | ||
| Q2 24 | $-0.38 | $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 | $5.5B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.2B | — |
| 总资产 | $19.7B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DASHWELL
| Q1 26 | $5.5B | — | ||
| Q4 25 | $4.4B | $5.0B | ||
| Q3 25 | $3.3B | $6.8B | ||
| Q2 25 | $3.9B | $4.4B | ||
| Q1 25 | $4.5B | $3.5B | ||
| Q4 24 | $4.0B | $3.5B | ||
| Q3 24 | $3.7B | $3.6B | ||
| Q2 24 | $3.4B | $2.8B |
总债务DASHWELL
| Q1 26 | — | — | ||
| Q4 25 | — | $19.2B | ||
| Q3 25 | — | $16.9B | ||
| Q2 25 | — | $16.0B | ||
| Q1 25 | — | $15.7B | ||
| Q4 24 | — | $15.5B | ||
| Q3 24 | — | $15.8B | ||
| Q2 24 | — | $13.9B |
股东权益DASHWELL
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.0B | $42.1B | ||
| Q3 25 | $9.5B | $38.8B | ||
| Q2 25 | $8.9B | $35.9B | ||
| Q1 25 | $8.4B | $34.0B | ||
| Q4 24 | $7.8B | $32.0B | ||
| Q3 24 | $7.6B | $30.3B | ||
| Q2 24 | $7.2B | $29.0B |
总资产DASHWELL
| Q1 26 | $19.7B | — | ||
| Q4 25 | $19.7B | $67.3B | ||
| Q3 25 | $18.0B | $59.5B | ||
| Q2 25 | $16.9B | $55.8B | ||
| Q1 25 | $13.6B | $53.3B | ||
| Q4 24 | $12.8B | $51.0B | ||
| Q3 24 | $12.3B | $49.0B | ||
| Q2 24 | $11.8B | $45.5B |
负债/权益比DASHWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 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 | $504.0M | — |
| 自由现金流经营现金流 - 资本支出 | $355.0M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 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 | 1.77× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | — |
8季度趋势，按日历期对齐
经营现金流DASHWELL
| Q1 26 | $504.0M | — | ||
| Q4 25 | $421.0M | $654.3M | ||
| Q3 25 | $871.0M | $858.4M | ||
| Q2 25 | $504.0M | $770.0M | ||
| Q1 25 | $635.0M | $599.0M | ||
| Q4 24 | $518.0M | $559.2M | ||
| Q3 24 | $531.0M | $685.0M | ||
| Q2 24 | $530.0M | $605.4M |
自由现金流DASHWELL
| Q1 26 | $355.0M | — | ||
| Q4 25 | $367.0M | $340.4M | ||
| Q3 25 | $808.0M | $595.3M | ||
| Q2 25 | $438.0M | $537.2M | ||
| Q1 25 | $561.0M | $358.6M | ||
| Q4 24 | $486.0M | $240.4M | ||
| Q3 24 | $499.0M | $443.8M | ||
| Q2 24 | $507.0M | $440.3M |
自由现金流率DASHWELL
| Q1 26 | 8.8% | — | ||
| Q4 25 | 9.3% | 13.3% | ||
| Q3 25 | 23.4% | 28.9% | ||
| Q2 25 | 13.3% | 27.3% | ||
| Q1 25 | 18.5% | 19.2% | ||
| Q4 24 | 16.9% | 13.6% | ||
| Q3 24 | 18.4% | 29.4% | ||
| Q2 24 | 19.3% | 31.6% |
资本支出强度DASHWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 12.3% | ||
| Q3 25 | 1.8% | 12.8% | ||
| Q2 25 | 2.0% | 11.8% | ||
| Q1 25 | 2.4% | 12.9% | ||
| Q4 24 | 1.1% | 18.1% | ||
| Q3 24 | 1.2% | 16.0% | ||
| Q2 24 | 0.9% | 11.8% |
现金转化率DASHWELL
| Q1 26 | 1.77× | — | ||
| Q4 25 | 1.98× | 5.56× | ||
| Q3 25 | 3.57× | 3.04× | ||
| Q2 25 | 1.77× | 2.53× | ||
| Q1 25 | 3.29× | 2.33× | ||
| Q4 24 | 3.67× | 4.52× | ||
| Q3 24 | 3.28× | 1.50× | ||
| Q2 24 | — | 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
DASH
暂无分部数据
WELL
| Resident fees and services | $1.9B | 67% |
| Other | $822.6M | 29% |
| Rental income | $103.4M | 4% |
