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DORCHESTER MINERALS, L.P.（DMLP）与UNIVERSAL HEALTH REALTY INCOME TRUST（UHT）财务数据对比。点击上方公司名可切换其他公司
DORCHESTER MINERALS, L.P.的季度营收约是UNIVERSAL HEALTH REALTY INCOME TRUST的1.7倍（$41.9M vs $24.5M），DORCHESTER MINERALS, L.P.净利率更高（38.7% vs 17.7%，领先21.0%），DORCHESTER MINERALS, L.P.同比增速更快（5.4% vs -0.7%），过去两年DORCHESTER MINERALS, L.P.的营收复合增速更高（16.2% vs -1.3%）
多切斯特矿业有限合伙是一家总部位于美国的上市有限合伙企业，主要收购、持有及管理油气相关的特许权权益、净利润权益、矿产产权等多元化资产组合，资产覆盖美国多个核心陆上油气产区，为合伙份额持有人提供稳定的现金流回报。
环球健康服务公司（UHS）是一家总部位于宾夕法尼亚州普鲁士国王市的美国医疗服务企业，位列财富500强，主营医院运营及各类医疗保健服务。该公司2024年公布的总营收达158亿美元。
DMLP vs UHT — 直观对比
营收规模更大
DMLP
是对方的1.7倍
$24.5M
营收增速更快
DMLP
高出6.1%
-0.7%
净利率更高
DMLP
高出21.0%
17.7%
两年增速更快
DMLP
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $41.9M | $24.5M |
| 净利润 | $16.2M | $4.3M |
| 毛利率 | — | — |
| 营业利润率 | — | 34.7% |
| 净利率 | 38.7% | 17.7% |
| 营收同比 | 5.4% | -0.7% |
| 净利润同比 | 13.7% | -7.2% |
| 每股收益（稀释后） | — | $0.32 |
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DMLPUHT
| Q4 25 | $41.9M | $24.5M | ||
| Q3 25 | $35.4M | $25.3M | ||
| Q2 25 | $32.4M | $24.9M | ||
| Q1 25 | $43.2M | $24.5M | ||
| Q4 24 | $39.7M | $24.6M | ||
| Q3 24 | $53.5M | $24.5M | ||
| Q2 24 | $37.4M | $24.7M | ||
| Q1 24 | $31.0M | $25.1M |
净利润DMLPUHT
| Q4 25 | $16.2M | $4.3M | ||
| Q3 25 | $11.2M | $4.0M | ||
| Q2 25 | $12.3M | $4.5M | ||
| Q1 25 | $17.6M | $4.8M | ||
| Q4 24 | $14.2M | $4.7M | ||
| Q3 24 | $36.4M | $4.0M | ||
| Q2 24 | $23.6M | $5.3M | ||
| Q1 24 | $18.2M | $5.3M |
营业利润率DMLPUHT
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 33.2% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | — | 36.8% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 38.7% | ||
| Q1 24 | — | 37.6% |
净利率DMLPUHT
| Q4 25 | 38.7% | 17.7% | ||
| Q3 25 | 31.5% | 15.9% | ||
| Q2 25 | 38.1% | 18.1% | ||
| Q1 25 | 40.9% | 19.5% | ||
| Q4 24 | 35.9% | 18.9% | ||
| Q3 24 | 68.1% | 16.3% | ||
| Q2 24 | 63.2% | 21.3% | ||
| Q1 24 | 58.6% | 21.1% |
每股收益（稀释后）DMLPUHT
| Q4 25 | — | $0.32 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | — | $0.32 | ||
| Q1 25 | — | $0.34 | ||
| Q4 24 | — | $0.34 | ||
| Q3 24 | — | $0.29 | ||
| Q2 24 | — | $0.38 | ||
| Q1 24 | — | $0.38 |
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 | $41.9M | $6.7M |
| 总债务越低越好 | — | $374.8M |
| 股东权益账面价值 | — | $152.4M |
| 总资产 | $309.6M | $564.9M |
| 负债/权益比越低杠杆越低 | — | 2.46× |
8季度趋势，按日历期对齐
现金及短期投资DMLPUHT
| Q4 25 | $41.9M | $6.7M | ||
| Q3 25 | $41.6M | $6.9M | ||
| Q2 25 | $36.5M | $6.6M | ||
| Q1 25 | $41.5M | $7.0M | ||
| Q4 24 | $42.5M | $7.1M | ||
| Q3 24 | $56.5M | $6.4M | ||
| Q2 24 | $35.2M | $5.6M | ||
| Q1 24 | $37.7M | $7.7M |
总债务DMLPUHT
| Q4 25 | — | $374.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $368.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DMLPUHT
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $158.6M | ||
| Q2 25 | — | $165.2M | ||
| Q1 25 | — | $172.2M | ||
| Q4 24 | — | $179.5M | ||
| Q3 24 | — | $181.6M | ||
| Q2 24 | — | $190.7M | ||
| Q1 24 | — | $196.5M |
总资产DMLPUHT
| Q4 25 | $309.6M | $564.9M | ||
| Q3 25 | $330.4M | $568.0M | ||
| Q2 25 | $325.6M | $573.0M | ||
| Q1 25 | $349.0M | $573.5M | ||
| Q4 24 | $366.8M | $580.9M | ||
| Q3 24 | $403.4M | $584.3M | ||
| Q2 24 | $176.0M | $586.6M | ||
| Q1 24 | $184.8M | $596.2M |
负债/权益比DMLPUHT
| Q4 25 | — | 2.46× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $34.3M | $49.1M |
| 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 | 2.12× | 11.35× |
| 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DMLPUHT
| Q4 25 | $34.3M | $49.1M | ||
| Q3 25 | $34.3M | $10.2M | ||
| Q2 25 | $30.5M | $13.7M | ||
| Q1 25 | $33.4M | $11.6M | ||
| Q4 24 | $31.5M | $46.9M | ||
| Q3 24 | $43.7M | $9.9M | ||
| Q2 24 | $29.4M | $12.1M | ||
| Q1 24 | $28.0M | $11.7M |
现金转化率DMLPUHT
| Q4 25 | 2.12× | 11.35× | ||
| Q3 25 | 3.07× | 2.54× | ||
| Q2 25 | 2.47× | 3.05× | ||
| Q1 25 | 1.89× | 2.43× | ||
| Q4 24 | 2.21× | 10.06× | ||
| Q3 24 | 1.20× | 2.48× | ||
| Q2 24 | 1.25× | 2.30× | ||
| Q1 24 | 1.54× | 2.21× |
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
DMLP
| Royalties | $34.0M | 81% |
| Other | $7.8M | 19% |
UHT
| Reportable Segment Aggregation Before Other Operating Segment | $23.1M | 94% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $2.3M | 9% |
