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Digital Realty（DLR）与Ventas（VTR）财务数据对比。点击上方公司名可切换其他公司
Ventas的季度营收约是Digital Realty的1.0倍（$1.7B vs $1.6B），Digital Realty净利率更高（6.0% vs 3.6%，领先2.5%），Ventas同比增速更快（22.0% vs 16.1%），过去两年Ventas的营收复合增速更高（17.5% 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。
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
DLR vs VTR — 直观对比
营收规模更大
VTR
是对方的1.0倍
$1.6B
营收增速更快
VTR
高出5.9%
16.1%
净利率更高
DLR
高出2.5%
3.6%
两年增速更快
VTR
近两年复合增速
9.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.7B |
| 净利润 | $98.6M | $59.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.9% | — |
| 净利率 | 6.0% | 3.6% |
| 营收同比 | 16.1% | 22.0% |
| 净利润同比 | -10.3% | 19.0% |
| 每股收益（稀释后） | $0.22 | — |
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DLRVTR
| Q1 26 | $1.6B | $1.7B | ||
| Q4 25 | $1.6B | $1.6B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.4B | $1.2B |
净利润DLRVTR
| Q1 26 | $98.6M | $59.0M | ||
| Q4 25 | $98.6M | $73.0M | ||
| Q3 25 | $67.8M | $68.7M | ||
| Q2 25 | $1.0B | $71.5M | ||
| Q1 25 | $110.0M | $48.4M | ||
| Q4 24 | $189.6M | $58.7M | ||
| Q3 24 | $51.2M | $21.0M | ||
| Q2 24 | $80.2M | $21.2M |
营业利润率DLRVTR
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.9% | 4.9% | ||
| Q3 25 | 8.8% | 3.0% | ||
| Q2 25 | 14.2% | 3.0% | ||
| Q1 25 | 13.9% | 3.0% | ||
| Q4 24 | 10.1% | -0.0% | ||
| Q3 24 | 11.8% | 1.5% | ||
| Q2 24 | 0.7% | -1.6% |
净利率DLRVTR
| Q1 26 | 6.0% | 3.6% | ||
| Q4 25 | 6.0% | 4.7% | ||
| Q3 25 | 4.3% | 4.6% | ||
| Q2 25 | 69.1% | 5.0% | ||
| Q1 25 | 7.8% | 3.6% | ||
| Q4 24 | 13.2% | 4.6% | ||
| Q3 24 | 3.6% | 1.7% | ||
| Q2 24 | 5.9% | 1.8% |
每股收益（稀释后）DLRVTR
| Q1 26 | $0.22 | — | ||
| Q4 25 | $0.22 | $0.15 | ||
| Q3 25 | $0.15 | $0.14 | ||
| Q2 25 | $2.94 | $0.15 | ||
| Q1 25 | $0.27 | $0.10 | ||
| Q4 24 | $0.50 | $0.13 | ||
| Q3 24 | $0.09 | $0.05 | ||
| Q2 24 | $0.20 | $0.05 |
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 | $183.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $22.9B | $13.2B |
| 总资产 | $49.4B | $27.7B |
| 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DLRVTR
| Q1 26 | $3.5B | $183.6M | ||
| Q4 25 | $3.5B | $741.1M | ||
| Q3 25 | $3.3B | $188.6M | ||
| Q2 25 | $3.6B | $614.2M | ||
| Q1 25 | $2.3B | $182.3M | ||
| Q4 24 | $3.9B | $897.9M | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.3B | $557.1M |
总债务DLRVTR
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $13.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DLRVTR
| Q1 26 | $22.9B | $13.2B | ||
| Q4 25 | $22.9B | $12.5B | ||
| Q3 25 | $23.0B | $12.4B | ||
| Q2 25 | $22.9B | $11.5B | ||
| Q1 25 | $21.3B | $11.5B | ||
| Q4 24 | $21.3B | $10.8B | ||
| Q3 24 | $21.2B | $9.8B | ||
| Q2 24 | $20.5B | $9.6B |
总资产DLRVTR
| Q1 26 | $49.4B | $27.7B | ||
| Q4 25 | $49.4B | $27.6B | ||
| Q3 25 | $48.7B | $26.9B | ||
| Q2 25 | $48.7B | $26.5B | ||
| Q1 25 | $45.1B | $26.0B | ||
| Q4 24 | $45.3B | $26.2B | ||
| Q3 24 | $45.3B | $25.3B | ||
| Q2 24 | $43.6B | $24.5B |
负债/权益比DLRVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
