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Healthpeak Properties（DOC）与FNB CORP（FNB）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FNB CORP的2.0倍（$719.4M vs $366.0M），Healthpeak Properties净利率更高（73.2% vs 45.9%，领先27.3%），FNB CORP同比增速更快（13.7% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $99.0M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 7.1%）
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。
FNB集团是总部位于美国宾夕法尼亚州匹兹堡的多元化金融服务机构，为旗下最大子公司第一国民银行的控股主体，截至2025年12月31日总资产超500亿美元，业务覆盖匹兹堡、巴尔的摩、克利夫兰、华盛顿特区、北卡罗来纳州多座城市及南卡罗来纳州查尔斯顿等核心都会区。
DOC vs FNB — 直观对比
营收规模更大
DOC
是对方的2.0倍
$366.0M
营收增速更快
FNB
高出10.6%
3.1%
净利率更高
DOC
高出27.3%
45.9%
自由现金流更多
DOC
多$258.0M
$99.0M
两年增速更快
DOC
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $366.0M |
| 净利润 | $114.0M | $168.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 45.1% |
| 净利率 | 73.2% | 45.9% |
| 营收同比 | 3.1% | 13.7% |
| 净利润同比 | 2406.4% | 52.7% |
| 每股收益（稀释后） | $0.16 | $0.47 |
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DOCFNB
| Q4 25 | $719.4M | $366.0M | ||
| Q3 25 | $705.9M | $359.0M | ||
| Q2 25 | $694.3M | $348.0M | ||
| Q1 25 | $702.9M | $323.0M | ||
| Q4 24 | $698.0M | $322.0M | ||
| Q3 24 | $700.4M | $323.0M | ||
| Q2 24 | $695.5M | $316.0M | ||
| Q1 24 | $606.6M | $319.0M |
净利润DOCFNB
| Q4 25 | $114.0M | $168.0M | ||
| Q3 25 | $-117.1M | $150.0M | ||
| Q2 25 | $31.7M | $130.0M | ||
| Q1 25 | $42.8M | $117.0M | ||
| Q4 24 | $4.5M | $110.0M | ||
| Q3 24 | $85.9M | $110.0M | ||
| Q2 24 | $146.0M | $123.0M | ||
| Q1 24 | $6.7M | $122.0M |
毛利率DOCFNB
| 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DOCFNB
| Q4 25 | 17.4% | 45.1% | ||
| Q3 25 | 9.2% | 52.9% | ||
| Q2 25 | 5.7% | 47.7% | ||
| Q1 25 | 7.7% | 45.8% | ||
| Q4 24 | -2.2% | 31.7% | ||
| Q3 24 | 14.1% | 43.3% | ||
| Q2 24 | 22.3% | 49.7% | ||
| Q1 24 | 3.7% | 48.9% |
净利率DOCFNB
| Q4 25 | 73.2% | 45.9% | ||
| Q3 25 | -16.6% | 41.8% | ||
| Q2 25 | 4.6% | 37.4% | ||
| Q1 25 | 6.1% | 36.2% | ||
| Q4 24 | 0.7% | 34.2% | ||
| Q3 24 | 12.3% | 34.1% | ||
| Q2 24 | 21.0% | 38.9% | ||
| Q1 24 | 1.1% | 38.2% |
每股收益（稀释后）DOCFNB
| Q4 25 | $0.16 | $0.47 | ||
| Q3 25 | $-0.17 | $0.41 | ||
| Q2 25 | $0.05 | $0.36 | ||
| Q1 25 | $0.06 | $0.32 | ||
| Q4 24 | $0.02 | $0.31 | ||
| Q3 24 | $0.12 | $0.30 | ||
| Q2 24 | $0.21 | $0.34 | ||
| Q1 24 | $0.01 | $0.32 |
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 | $2.5B |
| 总债务越低越好 | $9.8B | $1.9B |
| 股东权益账面价值 | $7.5B | $6.8B |
| 总资产 | $20.3B | $50.2B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资DOCFNB
| Q4 25 | $467.5M | $2.5B | ||
| Q3 25 | $91.0M | $2.4B | ||
| Q2 25 | $89.4M | $2.4B | ||
| Q1 25 | $70.6M | $2.4B | ||
| Q4 24 | $119.8M | $2.4B | ||
| Q3 24 | $180.4M | $2.1B | ||
| Q2 24 | $106.9M | $1.9B | ||
| Q1 24 | $101.8M | $1.5B |
总债务DOCFNB
| Q4 25 | $9.8B | $1.9B | ||
| Q3 25 | $9.1B | $2.1B | ||
| Q2 25 | $9.0B | $2.7B | ||
| Q1 25 | $8.9B | $2.5B | ||
| Q4 24 | $8.7B | $3.0B | ||
| Q3 24 | $8.6B | $2.5B | ||
| Q2 24 | $8.6B | $2.0B | ||
| Q1 24 | $8.8B | $2.1B |
股东权益DOCFNB
| Q4 25 | $7.5B | $6.8B | ||
| Q3 25 | $7.6B | $6.6B | ||
| Q2 25 | $7.9B | $6.5B | ||
| Q1 25 | $8.2B | $6.4B | ||
| Q4 24 | $8.4B | $6.3B | ||
| Q3 24 | $8.6B | $6.2B | ||
| Q2 24 | $8.8B | $6.1B | ||
| Q1 24 | $8.9B | $6.0B |
总资产DOCFNB
| Q4 25 | $20.3B | $50.2B | ||
| Q3 25 | $19.6B | $49.9B | ||
| Q2 25 | $19.8B | $49.7B | ||
| Q1 25 | $19.8B | $49.0B | ||
| Q4 24 | $19.9B | $48.6B | ||
| Q3 24 | $20.0B | $48.0B | ||
| Q2 24 | $20.2B | $47.7B | ||
| Q1 24 | $20.5B | $45.9B |
负债/权益比DOCFNB
| Q4 25 | 1.31× | 0.28× | ||
| Q3 25 | 1.20× | 0.32× | ||
| Q2 25 | 1.14× | 0.41× | ||
| Q1 25 | 1.08× | 0.39× | ||
| Q4 24 | 1.04× | 0.48× | ||
| Q3 24 | 1.00× | 0.40× | ||
| Q2 24 | 0.98× | 0.33× | ||
| Q1 24 | 0.99× | 0.35× |
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 | $128.0M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $99.0M |
| 自由现金流率自由现金流/营收 | 49.6% | 27.0% |
| 资本支出强度资本支出/营收 | 124.4% | 7.9% |
| 现金转化率经营现金流/净利润 | 10.99× | 0.76× |
| 过去12个月自由现金流最近4个季度 | — | $376.0M |
8季度趋势，按日历期对齐
经营现金流DOCFNB
| Q4 25 | $1.3B | $128.0M | ||
| Q3 25 | $315.0M | $167.0M | ||
| Q2 25 | $363.5M | $123.0M | ||
| Q1 25 | $279.4M | $64.0M | ||
| Q4 24 | $1.1B | $326.0M | ||
| Q3 24 | $318.2M | $-14.0M | ||
| Q2 24 | $316.2M | $85.0M | ||
| Q1 24 | $152.6M | $245.0M |
自由现金流DOCFNB
| Q4 25 | $357.0M | $99.0M | ||
| Q3 25 | — | $149.0M | ||
| Q2 25 | — | $85.0M | ||
| Q1 25 | — | $43.0M | ||
| Q4 24 | $333.7M | $278.0M | ||
| Q3 24 | — | $-46.0M | ||
| Q2 24 | — | $55.0M | ||
| Q1 24 | — | $216.0M |
自由现金流率DOCFNB
| Q4 25 | 49.6% | 27.0% | ||
| Q3 25 | — | 41.5% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | 47.8% | 86.3% | ||
| Q3 24 | — | -14.2% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 67.7% |
资本支出强度DOCFNB
| Q4 25 | 124.4% | 7.9% | ||
| Q3 25 | — | 5.0% | ||
| Q2 25 | — | 10.9% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | 105.6% | 14.9% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 9.5% | ||
| Q1 24 | — | 9.1% |
现金转化率DOCFNB
| Q4 25 | 10.99× | 0.76× | ||
| Q3 25 | — | 1.11× | ||
| Q2 25 | 11.48× | 0.95× | ||
| Q1 25 | 6.52× | 0.55× | ||
| Q4 24 | 235.43× | 2.96× | ||
| Q3 24 | 3.71× | -0.13× | ||
| Q2 24 | 2.17× | 0.69× | ||
| Q1 24 | 22.85× | 2.01× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
