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Healthpeak Properties（DOC）与FirstCash Holdings, Inc.（FCFS）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FirstCash Holdings, Inc.的1.4倍（$719.4M vs $501.3M），Healthpeak Properties净利率更高（73.2% vs 20.8%，领先52.4%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 3.1%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% 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。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
DOC vs FCFS — 直观对比
营收规模更大
DOC
是对方的1.4倍
$501.3M
营收增速更快
FCFS
高出18.1%
3.1%
净利率更高
DOC
高出52.4%
20.8%
两年增速更快
FCFS
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $501.3M |
| 净利润 | $114.0M | $104.2M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 28.5% |
| 净利率 | 73.2% | 20.8% |
| 营收同比 | 3.1% | 21.2% |
| 净利润同比 | 2406.4% | 24.7% |
| 每股收益（稀释后） | $0.16 | $2.35 |
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DOCFCFS
| Q4 25 | $719.4M | $501.3M | ||
| Q3 25 | $705.9M | $411.0M | ||
| Q2 25 | $694.3M | $385.1M | ||
| Q1 25 | $702.9M | $371.1M | ||
| Q4 24 | $698.0M | $413.7M | ||
| Q3 24 | $700.4M | $363.1M | ||
| Q2 24 | $695.5M | $363.5M | ||
| Q1 24 | $606.6M | $366.8M |
净利润DOCFCFS
| Q4 25 | $114.0M | $104.2M | ||
| Q3 25 | $-117.1M | $82.8M | ||
| Q2 25 | $31.7M | $59.8M | ||
| Q1 25 | $42.8M | $83.6M | ||
| Q4 24 | $4.5M | $83.5M | ||
| Q3 24 | $85.9M | $64.8M | ||
| Q2 24 | $146.0M | $49.1M | ||
| Q1 24 | $6.7M | $61.4M |
毛利率DOCFCFS
| 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% | — | ||
| Q1 24 | 59.8% | — |
营业利润率DOCFCFS
| Q4 25 | 17.4% | 28.5% | ||
| Q3 25 | 9.2% | 27.4% | ||
| Q2 25 | 5.7% | 21.1% | ||
| Q1 25 | 7.7% | 30.0% | ||
| Q4 24 | -2.2% | 26.5% | ||
| Q3 24 | 14.1% | 23.5% | ||
| Q2 24 | 22.3% | 18.2% | ||
| Q1 24 | 3.7% | 22.3% |
净利率DOCFCFS
| Q4 25 | 73.2% | 20.8% | ||
| Q3 25 | -16.6% | 20.1% | ||
| Q2 25 | 4.6% | 15.5% | ||
| Q1 25 | 6.1% | 22.5% | ||
| Q4 24 | 0.7% | 20.2% | ||
| Q3 24 | 12.3% | 17.9% | ||
| Q2 24 | 21.0% | 13.5% | ||
| Q1 24 | 1.1% | 16.7% |
每股收益（稀释后）DOCFCFS
| Q4 25 | $0.16 | $2.35 | ||
| Q3 25 | $-0.17 | $1.86 | ||
| Q2 25 | $0.05 | $1.34 | ||
| Q1 25 | $0.06 | $1.87 | ||
| Q4 24 | $0.02 | $1.86 | ||
| Q3 24 | $0.12 | $1.44 | ||
| Q2 24 | $0.21 | $1.08 | ||
| Q1 24 | $0.01 | $1.35 |
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 | $125.2M |
| 总债务越低越好 | $9.8B | $2.2B |
| 股东权益账面价值 | $7.5B | $2.3B |
| 总资产 | $20.3B | $5.3B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资DOCFCFS
| Q4 25 | $467.5M | $125.2M | ||
| Q3 25 | $91.0M | $130.2M | ||
| Q2 25 | $89.4M | $101.5M | ||
| Q1 25 | $70.6M | $146.0M | ||
| Q4 24 | $119.8M | $175.1M | ||
| Q3 24 | $180.4M | $106.3M | ||
| Q2 24 | $106.9M | $113.7M | ||
| Q1 24 | $101.8M | $135.1M |
总债务DOCFCFS
| Q4 25 | $9.8B | $2.2B | ||
| Q3 25 | $9.1B | $2.2B | ||
| Q2 25 | $9.0B | $1.7B | ||
| Q1 25 | $8.9B | $1.7B | ||
| Q4 24 | $8.7B | $1.7B | ||
| Q3 24 | $8.6B | $1.7B | ||
| Q2 24 | $8.6B | $1.7B | ||
| Q1 24 | $8.8B | $1.5B |
股东权益DOCFCFS
| Q4 25 | $7.5B | $2.3B | ||
| Q3 25 | $7.6B | $2.2B | ||
| Q2 25 | $7.9B | $2.1B | ||
| Q1 25 | $8.2B | $2.1B | ||
| Q4 24 | $8.4B | $2.1B | ||
| Q3 24 | $8.6B | $2.0B | ||
| Q2 24 | $8.8B | $2.0B | ||
| Q1 24 | $8.9B | $2.0B |
总资产DOCFCFS
| Q4 25 | $20.3B | $5.3B | ||
| Q3 25 | $19.6B | $5.2B | ||
| Q2 25 | $19.8B | $4.5B | ||
| Q1 25 | $19.8B | $4.4B | ||
| Q4 24 | $19.9B | $4.5B | ||
| Q3 24 | $20.0B | $4.4B | ||
| Q2 24 | $20.2B | $4.3B | ||
| Q1 24 | $20.5B | $4.2B |
负债/权益比DOCFCFS
| Q4 25 | 1.31× | 0.98× | ||
| Q3 25 | 1.20× | 1.01× | ||
| Q2 25 | 1.14× | 0.79× | ||
| Q1 25 | 1.08× | 0.83× | ||
| Q4 24 | 1.04× | 0.85× | ||
| Q3 24 | 1.00× | 0.87× | ||
| Q2 24 | 0.98× | 0.85× | ||
| Q1 24 | 0.99× | 0.75× |
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 | $206.6M |
| 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× | 1.98× |
| 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DOCFCFS
| Q4 25 | $1.3B | $206.6M | ||
| Q3 25 | $315.0M | $135.8M | ||
| Q2 25 | $363.5M | $116.9M | ||
| Q1 25 | $279.4M | $126.6M | ||
| Q4 24 | $1.1B | $198.1M | ||
| Q3 24 | $318.2M | $113.1M | ||
| Q2 24 | $316.2M | $106.2M | ||
| Q1 24 | $152.6M | $122.5M |
自由现金流DOCFCFS
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DOCFCFS
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DOCFCFS
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率DOCFCFS
| Q4 25 | 10.99× | 1.98× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | 11.48× | 1.95× | ||
| Q1 25 | 6.52× | 1.51× | ||
| Q4 24 | 235.43× | 2.37× | ||
| Q3 24 | 3.71× | 1.74× | ||
| Q2 24 | 2.17× | 2.16× | ||
| Q1 24 | 22.85× | 2.00× |
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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
