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Healthpeak Properties（DOC）与FEDERAL SIGNAL CORP（FSS）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FEDERAL SIGNAL CORP的1.2倍（$719.4M vs $597.1M），Healthpeak Properties净利率更高（73.2% vs 10.2%，领先63.0%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $89.5M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% 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。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
DOC vs FSS — 直观对比
营收规模更大
DOC
是对方的1.2倍
$597.1M
营收增速更快
FSS
高出23.4%
3.1%
净利率更高
DOC
高出63.0%
10.2%
自由现金流更多
DOC
多$267.5M
$89.5M
两年增速更快
FSS
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $597.1M |
| 净利润 | $114.0M | $60.8M |
| 毛利率 | — | 28.4% |
| 营业利润率 | 17.4% | 14.0% |
| 净利率 | 73.2% | 10.2% |
| 营收同比 | 3.1% | 26.5% |
| 净利润同比 | 2406.4% | 21.6% |
| 每股收益（稀释后） | $0.16 | $0.99 |
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DOCFSS
| Q4 25 | $719.4M | $597.1M | ||
| Q3 25 | $705.9M | $555.0M | ||
| Q2 25 | $694.3M | $564.6M | ||
| Q1 25 | $702.9M | $463.8M | ||
| Q4 24 | $698.0M | $472.0M | ||
| Q3 24 | $700.4M | $474.2M | ||
| Q2 24 | $695.5M | $490.4M | ||
| Q1 24 | $606.6M | $424.9M |
净利润DOCFSS
| Q4 25 | $114.0M | $60.8M | ||
| Q3 25 | $-117.1M | $68.1M | ||
| Q2 25 | $31.7M | $71.4M | ||
| Q1 25 | $42.8M | $46.3M | ||
| Q4 24 | $4.5M | $50.0M | ||
| Q3 24 | $85.9M | $53.9M | ||
| Q2 24 | $146.0M | $60.8M | ||
| Q1 24 | $6.7M | $51.6M |
毛利率DOCFSS
| Q4 25 | — | 28.4% | ||
| Q3 25 | 58.6% | 29.1% | ||
| Q2 25 | 60.2% | 30.0% | ||
| Q1 25 | 61.1% | 28.2% | ||
| Q4 24 | 60.3% | 28.1% | ||
| Q3 24 | 60.0% | 29.6% | ||
| Q2 24 | 60.6% | 29.4% | ||
| Q1 24 | 59.8% | 27.3% |
营业利润率DOCFSS
| Q4 25 | 17.4% | 14.0% | ||
| Q3 25 | 9.2% | 16.9% | ||
| Q2 25 | 5.7% | 17.3% | ||
| Q1 25 | 7.7% | 14.2% | ||
| Q4 24 | -2.2% | 14.9% | ||
| Q3 24 | 14.1% | 16.0% | ||
| Q2 24 | 22.3% | 16.5% | ||
| Q1 24 | 3.7% | 12.8% |
净利率DOCFSS
| Q4 25 | 73.2% | 10.2% | ||
| Q3 25 | -16.6% | 12.3% | ||
| Q2 25 | 4.6% | 12.6% | ||
| Q1 25 | 6.1% | 10.0% | ||
| Q4 24 | 0.7% | 10.6% | ||
| Q3 24 | 12.3% | 11.4% | ||
| Q2 24 | 21.0% | 12.4% | ||
| Q1 24 | 1.1% | 12.1% |
每股收益（稀释后）DOCFSS
| Q4 25 | $0.16 | $0.99 | ||
| Q3 25 | $-0.17 | $1.11 | ||
| Q2 25 | $0.05 | $1.16 | ||
| Q1 25 | $0.06 | $0.75 | ||
| Q4 24 | $0.02 | $0.80 | ||
| Q3 24 | $0.12 | $0.87 | ||
| Q2 24 | $0.21 | $0.99 | ||
| Q1 24 | $0.01 | $0.84 |
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 | $63.7M |
| 总债务越低越好 | $9.8B | $564.6M |
| 股东权益账面价值 | $7.5B | $1.4B |
| 总资产 | $20.3B | $2.4B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资DOCFSS
| Q4 25 | $467.5M | $63.7M | ||
| Q3 25 | $91.0M | $54.4M | ||
| Q2 25 | $89.4M | $64.7M | ||
| Q1 25 | $70.6M | $57.5M | ||
| Q4 24 | $119.8M | $91.1M | ||
| Q3 24 | $180.4M | $73.7M | ||
| Q2 24 | $106.9M | $48.6M | ||
| Q1 24 | $101.8M | $48.9M |
总债务DOCFSS
| Q4 25 | $9.8B | $564.6M | ||
| Q3 25 | $9.1B | $201.2M | ||
| Q2 25 | $9.0B | $258.3M | ||
| Q1 25 | $8.9B | $266.9M | ||
| Q4 24 | $8.7B | $204.4M | ||
| Q3 24 | $8.6B | $223.3M | ||
| Q2 24 | $8.6B | $248.8M | ||
| Q1 24 | $8.8B | $266.8M |
股东权益DOCFSS
| Q4 25 | $7.5B | $1.4B | ||
| Q3 25 | $7.6B | $1.3B | ||
| Q2 25 | $7.9B | $1.3B | ||
| Q1 25 | $8.2B | $1.2B | ||
| Q4 24 | $8.4B | $1.2B | ||
| Q3 24 | $8.6B | $1.1B | ||
| Q2 24 | $8.8B | $1.1B | ||
| Q1 24 | $8.9B | $1.0B |
总资产DOCFSS
| Q4 25 | $20.3B | $2.4B | ||
| Q3 25 | $19.6B | $1.9B | ||
| Q2 25 | $19.8B | $1.9B | ||
| Q1 25 | $19.8B | $1.9B | ||
| Q4 24 | $19.9B | $1.8B | ||
| Q3 24 | $20.0B | $1.7B | ||
| Q2 24 | $20.2B | $1.7B | ||
| Q1 24 | $20.5B | $1.7B |
负债/权益比DOCFSS
| Q4 25 | 1.31× | 0.41× | ||
| Q3 25 | 1.20× | 0.15× | ||
| Q2 25 | 1.14× | 0.20× | ||
| Q1 25 | 1.08× | 0.22× | ||
| Q4 24 | 1.04× | 0.17× | ||
| Q3 24 | 1.00× | 0.19× | ||
| Q2 24 | 0.98× | 0.23× | ||
| Q1 24 | 0.99× | 0.26× |
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 | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $89.5M |
| 自由现金流率自由现金流/营收 | 49.6% | 15.0% |
| 资本支出强度资本支出/营收 | 124.4% | 1.3% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.60× |
| 过去12个月自由现金流最近4个季度 | — | $227.1M |
8季度趋势，按日历期对齐
经营现金流DOCFSS
| Q4 25 | $1.3B | $97.2M | ||
| Q3 25 | $315.0M | $61.1M | ||
| Q2 25 | $363.5M | $59.7M | ||
| Q1 25 | $279.4M | $36.7M | ||
| Q4 24 | $1.1B | $90.6M | ||
| Q3 24 | $318.2M | $68.8M | ||
| Q2 24 | $316.2M | $40.6M | ||
| Q1 24 | $152.6M | $31.3M |
自由现金流DOCFSS
| Q4 25 | $357.0M | $89.5M | ||
| Q3 25 | — | $54.1M | ||
| Q2 25 | — | $52.4M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | $333.7M | $82.1M | ||
| Q3 24 | — | $60.9M | ||
| Q2 24 | — | $24.8M | ||
| Q1 24 | — | $22.9M |
自由现金流率DOCFSS
| Q4 25 | 49.6% | 15.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 47.8% | 17.4% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 5.1% | ||
| Q1 24 | — | 5.4% |
资本支出强度DOCFSS
| Q4 25 | 124.4% | 1.3% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | 105.6% | 1.8% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 2.0% |
现金转化率DOCFSS
| Q4 25 | 10.99× | 1.60× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | 11.48× | 0.84× | ||
| Q1 25 | 6.52× | 0.79× | ||
| Q4 24 | 235.43× | 1.81× | ||
| Q3 24 | 3.71× | 1.28× | ||
| Q2 24 | 2.17× | 0.67× | ||
| Q1 24 | 22.85× | 0.61× |
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
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
