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Digital Realty（DLR）与Surgery Partners, Inc.（SGRY）财务数据对比。点击上方公司名可切换其他公司
Digital Realty的季度营收约是Surgery Partners, Inc.的1.8倍（$1.6B vs $885.0M），Digital Realty净利率更高（6.0% vs -1.7%，领先7.7%），Digital Realty同比增速更快（16.1% vs 2.4%），过去两年Surgery Partners, Inc.的营收复合增速更高（11.1% vs 9.8%）
Digital Realty是一家全球知名的不动产投资信托企业，核心业务涵盖全球各地运营商中立数据中心的持有、运营与投资，可为客户提供数据中心部署、主机托管、网络互联等多元专业服务，能够满足不同企业对算力基础设施、数据存储及网络连接的多样化需求。
Surgery Partners, Inc.（NASDAQ代码：SGRY）旗下的United Surgical Partners International（USPI）是美国领先的日间手术护理服务商，总部位于得克萨斯州达拉斯，由唐·斯廷于1998年创立，专注于为患者提供便捷、高效的门诊外科医疗服务，运营多家合规手术中心，覆盖美国多地医疗需求场景。
DLR vs SGRY — 直观对比
营收规模更大
DLR
是对方的1.8倍
$885.0M
营收增速更快
DLR
高出13.7%
2.4%
净利率更高
DLR
高出7.7%
-1.7%
两年增速更快
SGRY
近两年复合增速
9.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $885.0M |
| 净利润 | $98.6M | $-15.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.9% | 12.5% |
| 净利率 | 6.0% | -1.7% |
| 营收同比 | 16.1% | 2.4% |
| 净利润同比 | -10.3% | 86.2% |
| 每股收益（稀释后） | $0.22 | $-0.11 |
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DLRSGRY
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $885.0M | ||
| Q3 25 | $1.6B | $821.5M | ||
| Q2 25 | $1.5B | $826.2M | ||
| Q1 25 | $1.4B | $776.0M | ||
| Q4 24 | $1.4B | $864.4M | ||
| Q3 24 | $1.4B | $770.4M | ||
| Q2 24 | $1.4B | $762.1M |
净利润DLRSGRY
| Q1 26 | $98.6M | — | ||
| Q4 25 | $98.6M | $-15.0M | ||
| Q3 25 | $67.8M | $-22.7M | ||
| Q2 25 | $1.0B | $-2.5M | ||
| Q1 25 | $110.0M | $-37.7M | ||
| Q4 24 | $189.6M | $-108.5M | ||
| Q3 24 | $51.2M | $-31.7M | ||
| Q2 24 | $80.2M | $-15.5M |
营业利润率DLRSGRY
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.9% | 12.5% | ||
| Q3 25 | 8.8% | 12.9% | ||
| Q2 25 | 14.2% | 13.5% | ||
| Q1 25 | 13.9% | 8.0% | ||
| Q4 24 | 10.1% | 14.7% | ||
| Q3 24 | 11.8% | 7.9% | ||
| Q2 24 | 0.7% | 11.1% |
净利率DLRSGRY
| Q1 26 | 6.0% | — | ||
| Q4 25 | 6.0% | -1.7% | ||
| Q3 25 | 4.3% | -2.8% | ||
| Q2 25 | 69.1% | -0.3% | ||
| Q1 25 | 7.8% | -4.9% | ||
| Q4 24 | 13.2% | -12.6% | ||
| Q3 24 | 3.6% | -4.1% | ||
| Q2 24 | 5.9% | -2.0% |
每股收益（稀释后）DLRSGRY
| Q1 26 | $0.22 | — | ||
| Q4 25 | $0.22 | $-0.11 | ||
| Q3 25 | $0.15 | $-0.18 | ||
| Q2 25 | $2.94 | $-0.02 | ||
| Q1 25 | $0.27 | $-0.30 | ||
| Q4 24 | $0.50 | $-0.86 | ||
| Q3 24 | $0.09 | $-0.25 | ||
| Q2 24 | $0.20 | $-0.12 |
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 | $3.5B | $239.9M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $22.9B | $1.7B |
| 总资产 | $49.4B | $8.1B |
| 负债/权益比越低杠杆越低 | — | 2.10× |
8季度趋势，按日历期对齐
现金及短期投资DLRSGRY
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $239.9M | ||
| Q3 25 | $3.3B | $203.4M | ||
| Q2 25 | $3.6B | $250.1M | ||
| Q1 25 | $2.3B | $229.3M | ||
| Q4 24 | $3.9B | $269.5M | ||
| Q3 24 | $2.2B | $221.8M | ||
| Q2 24 | $2.3B | $213.5M |
总债务DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B |
股东权益DLRSGRY
| Q1 26 | $22.9B | — | ||
| Q4 25 | $22.9B | $1.7B | ||
| Q3 25 | $23.0B | $1.7B | ||
| Q2 25 | $22.9B | $1.7B | ||
| Q1 25 | $21.3B | $1.7B | ||
| Q4 24 | $21.3B | $1.8B | ||
| Q3 24 | $21.2B | $1.9B | ||
| Q2 24 | $20.5B | $2.0B |
总资产DLRSGRY
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $8.1B | ||
| Q3 25 | $48.7B | $7.9B | ||
| Q2 25 | $48.7B | $8.0B | ||
| Q1 25 | $45.1B | $7.9B | ||
| Q4 24 | $45.3B | $7.9B | ||
| Q3 24 | $45.3B | $7.5B | ||
| Q2 24 | $43.6B | $7.5B |
负债/权益比DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | — | 2.10× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 1.98× | ||
| Q1 25 | — | 1.98× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 1.56× |
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 | — | $103.4M |
| 自由现金流经营现金流 - 资本支出 | — | $90.6M |
| 自由现金流率自由现金流/营收 | — | 10.2% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $195.6M |
8季度趋势，按日历期对齐
经营现金流DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | $719.0M | $103.4M | ||
| Q3 25 | $652.9M | $83.6M | ||
| Q2 25 | $641.2M | $81.3M | ||
| Q1 25 | $399.1M | $6.0M | ||
| Q4 24 | $769.5M | $111.4M | ||
| Q3 24 | $566.5M | $65.2M | ||
| Q2 24 | $573.2M | $82.8M |
自由现金流DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | — | $90.6M | ||
| Q3 25 | — | $63.8M | ||
| Q2 25 | — | $57.9M | ||
| Q1 25 | — | $-16.7M | ||
| Q4 24 | — | $89.1M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $55.9M |
自由现金流率DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | -2.2% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 7.3% |
资本支出强度DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 3.5% |
现金转化率DLRSGRY
| Q1 26 | — | — | ||
| Q4 25 | 7.29× | — | ||
| Q3 25 | 9.63× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 3.63× | — | ||
| Q4 24 | 4.06× | — | ||
| Q3 24 | 11.07× | — | ||
| Q2 24 | 7.15× | — |
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
DLR
暂无分部数据
SGRY
| Private Insurance | $460.5M | 52% |
| Government Revenue | $368.6M | 42% |
| Other | $19.8M | 2% |
| Self Pay Revenue | $19.6M | 2% |
| Other Patient Service Revenue Sources | $16.5M | 2% |
