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Healthpeak Properties（DOC）与华美银行集团（EWBC）财务数据对比。点击上方公司名可切换其他公司
华美银行集团的季度营收约是Healthpeak Properties的1.1倍（$774.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 46.3%，领先26.9%），华美银行集团同比增速更快（11.8% vs 3.1%），过去两年华美银行集团的营收复合增速更高（18.3% 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。
华美银行集团旗下核心子公司为华美银行，是总部位于美国南加州的最大上市银行控股集团。集团资产规模超100亿美元，曾获评标普全球市场财智全美最佳银行，自2023年起连续三年位列《银行董事》杂志同资产规模银行绩效榜单首位。
DOC vs EWBC — 直观对比
营收规模更大
EWBC
是对方的1.1倍
$719.4M
营收增速更快
EWBC
高出8.8%
3.1%
净利率更高
DOC
高出26.9%
46.3%
两年增速更快
EWBC
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $774.0M |
| 净利润 | $114.0M | $358.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | — |
| 净利率 | 73.2% | 46.3% |
| 营收同比 | 3.1% | 11.8% |
| 净利润同比 | 2406.4% | 0.4% |
| 每股收益（稀释后） | $0.16 | $2.57 |
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DOCEWBC
| Q1 26 | — | $774.0M | ||
| Q4 25 | $719.4M | $657.8M | ||
| Q3 25 | $705.9M | $677.5M | ||
| Q2 25 | $694.3M | $617.1M | ||
| Q1 25 | $702.9M | $600.2M | ||
| Q4 24 | $698.0M | $587.6M | ||
| Q3 24 | $700.4M | $572.7M | ||
| Q2 24 | $695.5M | $553.2M |
净利润DOCEWBC
| Q1 26 | — | $358.0M | ||
| Q4 25 | $114.0M | $356.3M | ||
| Q3 25 | $-117.1M | $368.4M | ||
| Q2 25 | $31.7M | $310.3M | ||
| Q1 25 | $42.8M | $290.3M | ||
| Q4 24 | $4.5M | $293.1M | ||
| Q3 24 | $85.9M | $299.2M | ||
| Q2 24 | $146.0M | $288.2M |
毛利率DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 58.6% | — | ||
| Q2 25 | 60.2% | — | ||
| Q1 25 | 61.1% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 60.0% | — | ||
| Q2 24 | 60.6% | — |
营业利润率DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | 17.4% | 71.0% | ||
| Q3 25 | 9.2% | 68.6% | ||
| Q2 25 | 5.7% | 65.2% | ||
| Q1 25 | 7.7% | 65.2% | ||
| Q4 24 | -2.2% | 60.6% | ||
| Q3 24 | 14.1% | 68.0% | ||
| Q2 24 | 22.3% | 65.9% |
净利率DOCEWBC
| Q1 26 | — | 46.3% | ||
| Q4 25 | 73.2% | 54.2% | ||
| Q3 25 | -16.6% | 54.4% | ||
| Q2 25 | 4.6% | 50.3% | ||
| Q1 25 | 6.1% | 48.4% | ||
| Q4 24 | 0.7% | 49.9% | ||
| Q3 24 | 12.3% | 52.2% | ||
| Q2 24 | 21.0% | 52.1% |
每股收益（稀释后）DOCEWBC
| Q1 26 | — | $2.57 | ||
| Q4 25 | $0.16 | $2.55 | ||
| Q3 25 | $-0.17 | $2.65 | ||
| Q2 25 | $0.05 | $2.24 | ||
| Q1 25 | $0.06 | $2.08 | ||
| Q4 24 | $0.02 | $2.10 | ||
| Q3 24 | $0.12 | $2.14 | ||
| Q2 24 | $0.21 | $2.06 |
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 | — |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $9.0B |
| 总资产 | $20.3B | $82.9B |
| 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DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | $467.5M | $4.2B | ||
| Q3 25 | $91.0M | $4.7B | ||
| Q2 25 | $89.4M | $4.4B | ||
| Q1 25 | $70.6M | $3.4B | ||
| Q4 24 | $119.8M | $5.3B | ||
| Q3 24 | $180.4M | $4.9B | ||
| Q2 24 | $106.9M | $4.4B |
总债务DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $35.6M | ||
| Q3 25 | $9.1B | $35.7M | ||
| Q2 25 | $9.0B | $35.8M | ||
| Q1 25 | $8.9B | $35.9M | ||
| Q4 24 | $8.7B | $36.0M | ||
| Q3 24 | $8.6B | $36.1M | ||
| Q2 24 | $8.6B | $36.1M |
股东权益DOCEWBC
| Q1 26 | — | $9.0B | ||
| Q4 25 | $7.5B | $8.9B | ||
| Q3 25 | $7.6B | $8.6B | ||
| Q2 25 | $7.9B | $8.2B | ||
| Q1 25 | $8.2B | $7.9B | ||
| Q4 24 | $8.4B | $7.7B | ||
| Q3 24 | $8.6B | $7.7B | ||
| Q2 24 | $8.8B | $7.2B |
总资产DOCEWBC
| Q1 26 | — | $82.9B | ||
| Q4 25 | $20.3B | $80.4B | ||
| Q3 25 | $19.6B | $79.7B | ||
| Q2 25 | $19.8B | $78.2B | ||
| Q1 25 | $19.8B | $76.2B | ||
| Q4 24 | $19.9B | $76.0B | ||
| Q3 24 | $20.0B | $74.5B | ||
| Q2 24 | $20.2B | $72.5B |
负债/权益比DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 0.00× | ||
| Q3 25 | 1.20× | 0.00× | ||
| Q2 25 | 1.14× | 0.00× | ||
| Q1 25 | 1.08× | 0.00× | ||
| Q4 24 | 1.04× | 0.00× | ||
| Q3 24 | 1.00× | 0.00× | ||
| Q2 24 | 0.98× | 0.01× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $357.0M | — |
| 自由现金流率自由现金流/营收 | 49.6% | — |
| 资本支出强度资本支出/营收 | 124.4% | — |
| 现金转化率经营现金流/净利润 | 10.99× | — |
| 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DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $713.4M | ||
| Q3 25 | $315.0M | $231.7M | ||
| Q2 25 | $363.5M | $278.7M | ||
| Q1 25 | $279.4M | $277.9M | ||
| Q4 24 | $1.1B | $500.1M | ||
| Q3 24 | $318.2M | $386.1M | ||
| Q2 24 | $316.2M | $259.2M |
自由现金流DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率DOCEWBC
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | 2.00× | ||
| Q3 25 | — | 0.63× | ||
| Q2 25 | 11.48× | 0.90× | ||
| Q1 25 | 6.52× | 0.96× | ||
| Q4 24 | 235.43× | 1.71× | ||
| Q3 24 | 3.71× | 1.29× | ||
| Q2 24 | 2.17× | 0.90× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
