vs
Healthpeak Properties（DOC）与DXP ENTERPRISES INC（DXPE）财务数据对比。点击上方公司名可切换其他公司
Healthpeak Properties的季度营收约是DXP ENTERPRISES INC的1.4倍（$719.4M vs $527.4M），Healthpeak Properties净利率更高（73.2% vs 4.3%，领先68.8%），DXP ENTERPRISES INC同比增速更快（12.0% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $34.5M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs 8.9%）
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。
DXP Enterprises Inc.是一家领先的工业分销企业，提供维护、维修、运营（MRO）用品、流体处理设备、泵系统及相关技术服务，主要服务制造业、能源、矿业、建筑等领域客户，核心市场覆盖北美地区。
DOC vs DXPE — 直观对比
营收规模更大
DOC
是对方的1.4倍
$527.4M
营收增速更快
DXPE
高出8.9%
3.1%
净利率更高
DOC
高出68.8%
4.3%
自由现金流更多
DOC
多$322.5M
$34.5M
两年增速更快
DXPE
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $527.4M |
| 净利润 | $114.0M | $22.8M |
| 毛利率 | — | 31.6% |
| 营业利润率 | 17.4% | 8.8% |
| 净利率 | 73.2% | 4.3% |
| 营收同比 | 3.1% | 12.0% |
| 净利润同比 | 2406.4% | 6.9% |
| 每股收益（稀释后） | $0.16 | $1.38 |
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DOCDXPE
| Q4 25 | $719.4M | $527.4M | ||
| Q3 25 | $705.9M | $513.7M | ||
| Q2 25 | $694.3M | $498.7M | ||
| Q1 25 | $702.9M | $476.6M | ||
| Q4 24 | $698.0M | $470.9M | ||
| Q3 24 | $700.4M | $472.9M | ||
| Q2 24 | $695.5M | $445.6M | ||
| Q1 24 | $606.6M | $412.6M |
净利润DOCDXPE
| Q4 25 | $114.0M | $22.8M | ||
| Q3 25 | $-117.1M | $21.6M | ||
| Q2 25 | $31.7M | $23.6M | ||
| Q1 25 | $42.8M | $20.6M | ||
| Q4 24 | $4.5M | $21.4M | ||
| Q3 24 | $85.9M | $21.1M | ||
| Q2 24 | $146.0M | $16.7M | ||
| Q1 24 | $6.7M | $11.3M |
毛利率DOCDXPE
| Q4 25 | — | 31.6% | ||
| Q3 25 | 58.6% | 31.4% | ||
| Q2 25 | 60.2% | 31.6% | ||
| Q1 25 | 61.1% | 31.5% | ||
| Q4 24 | 60.3% | 31.5% | ||
| Q3 24 | 60.0% | 30.9% | ||
| Q2 24 | 60.6% | 30.9% | ||
| Q1 24 | 59.8% | 30.0% |
营业利润率DOCDXPE
| Q4 25 | 17.4% | 8.8% | ||
| Q3 25 | 9.2% | 8.5% | ||
| Q2 25 | 5.7% | 9.2% | ||
| Q1 25 | 7.7% | 8.5% | ||
| Q4 24 | -2.2% | 8.3% | ||
| Q3 24 | 14.1% | 8.4% | ||
| Q2 24 | 22.3% | 8.4% | ||
| Q1 24 | 3.7% | 7.1% |
净利率DOCDXPE
| Q4 25 | 73.2% | 4.3% | ||
| Q3 25 | -16.6% | 4.2% | ||
| Q2 25 | 4.6% | 4.7% | ||
| Q1 25 | 6.1% | 4.3% | ||
| Q4 24 | 0.7% | 4.5% | ||
| Q3 24 | 12.3% | 4.5% | ||
| Q2 24 | 21.0% | 3.7% | ||
| Q1 24 | 1.1% | 2.7% |
每股收益（稀释后）DOCDXPE
| Q4 25 | $0.16 | $1.38 | ||
| Q3 25 | $-0.17 | $1.31 | ||
| Q2 25 | $0.05 | $1.43 | ||
| Q1 25 | $0.06 | $1.25 | ||
| Q4 24 | $0.02 | $1.28 | ||
| Q3 24 | $0.12 | $1.27 | ||
| Q2 24 | $0.21 | $1.00 | ||
| Q1 24 | $0.01 | $0.67 |
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 | $303.8M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $498.4M |
| 总资产 | $20.3B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.31× | — |
8季度趋势，按日历期对齐
现金及短期投资DOCDXPE
| Q4 25 | $467.5M | $303.8M | ||
| Q3 25 | $91.0M | $123.8M | ||
| Q2 25 | $89.4M | $112.9M | ||
| Q1 25 | $70.6M | $114.3M | ||
| Q4 24 | $119.8M | $148.3M | ||
| Q3 24 | $180.4M | $35.0M | ||
| Q2 24 | $106.9M | $49.9M | ||
| Q1 24 | $101.8M | $139.7M |
总债务DOCDXPE
| Q4 25 | $9.8B | — | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.7B | — | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.6B | — | ||
| Q1 24 | $8.8B | — |
股东权益DOCDXPE
| Q4 25 | $7.5B | $498.4M | ||
| Q3 25 | $7.6B | $488.3M | ||
| Q2 25 | $7.9B | $468.1M | ||
| Q1 25 | $8.2B | $444.7M | ||
| Q4 24 | $8.4B | $422.8M | ||
| Q3 24 | $8.6B | $402.4M | ||
| Q2 24 | $8.8B | $384.7M | ||
| Q1 24 | $8.9B | $375.5M |
总资产DOCDXPE
| Q4 25 | $20.3B | $1.7B | ||
| Q3 25 | $19.6B | $1.4B | ||
| Q2 25 | $19.8B | $1.4B | ||
| Q1 25 | $19.8B | $1.4B | ||
| Q4 24 | $19.9B | $1.3B | ||
| Q3 24 | $20.0B | $1.2B | ||
| Q2 24 | $20.2B | $1.2B | ||
| Q1 24 | $20.5B | $1.2B |
负债/权益比DOCDXPE
| Q4 25 | 1.31× | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.04× | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.98× | — | ||
| Q1 24 | 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 | $1.3B | $37.8M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $34.5M |
| 自由现金流率自由现金流/营收 | 49.6% | 6.5% |
| 资本支出强度资本支出/营收 | 124.4% | 0.6% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.65× |
| 过去12个月自由现金流最近4个季度 | — | $54.0M |
8季度趋势，按日历期对齐
经营现金流DOCDXPE
| Q4 25 | $1.3B | $37.8M | ||
| Q3 25 | $315.0M | $34.9M | ||
| Q2 25 | $363.5M | $18.6M | ||
| Q1 25 | $279.4M | $3.0M | ||
| Q4 24 | $1.1B | $32.1M | ||
| Q3 24 | $318.2M | $28.3M | ||
| Q2 24 | $316.2M | $14.7M | ||
| Q1 24 | $152.6M | $27.0M |
自由现金流DOCDXPE
| Q4 25 | $357.0M | $34.5M | ||
| Q3 25 | — | $28.1M | ||
| Q2 25 | — | $8.3M | ||
| Q1 25 | — | $-16.9M | ||
| Q4 24 | $333.7M | $22.7M | ||
| Q3 24 | — | $24.4M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | — | $24.1M |
自由现金流率DOCDXPE
| Q4 25 | 49.6% | 6.5% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | -3.6% | ||
| Q4 24 | 47.8% | 4.8% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 5.8% |
资本支出强度DOCDXPE
| Q4 25 | 124.4% | 0.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | 105.6% | 2.0% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 0.7% |
现金转化率DOCDXPE
| Q4 25 | 10.99× | 1.65× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | 11.48× | 0.79× | ||
| Q1 25 | 6.52× | 0.14× | ||
| Q4 24 | 235.43× | 1.50× | ||
| Q3 24 | 3.71× | 1.34× | ||
| Q2 24 | 2.17× | 0.88× | ||
| Q1 24 | 22.85× | 2.38× |
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
DOC
暂无分部数据
DXPE
| Service Centers | $356.2M | 68% |
| Innovative Pumping Solutions | $110.0M | 21% |
| Supply Chain Services | $61.2M | 12% |
