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Healthpeak Properties（DOC）与FULLER H B CO（FUL）财务数据对比。点击上方公司名可切换其他公司
FULLER H B CO的季度营收约是Healthpeak Properties的1.2倍（$892.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 7.5%，领先65.6%），Healthpeak Properties同比增速更快（3.1% vs -2.8%），Healthpeak Properties自由现金流更多（$357.0M vs $68.9M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 5.0%）
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。
H.B.富勒公司是总部位于美国明尼苏达州圣保罗的跨国粘合剂制造企业，全球第四大粘合剂及密封剂生产商。公司拥有超过20000种产品，广泛应用于建筑、工程、电子、卫生用品、食品包装等领域，在26个国家设有81座生产基地，2024年员工规模约7500人。
DOC vs FUL — 直观对比
营收规模更大
FUL
是对方的1.2倍
$719.4M
营收增速更快
DOC
高出5.9%
-2.8%
净利率更高
DOC
高出65.6%
7.5%
自由现金流更多
DOC
多$288.1M
$68.9M
两年增速更快
DOC
近两年复合增速
5.0%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $892.0M |
| 净利润 | $114.0M | $67.2M |
| 毛利率 | — | 32.0% |
| 营业利润率 | 17.4% | 12.3% |
| 净利率 | 73.2% | 7.5% |
| 营收同比 | 3.1% | -2.8% |
| 净利润同比 | 2406.4% | 21.3% |
| 每股收益（稀释后） | $0.16 | $1.22 |
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DOCFUL
| Q4 25 | $719.4M | — | ||
| Q3 25 | $705.9M | $892.0M | ||
| Q2 25 | $694.3M | $898.1M | ||
| Q1 25 | $702.9M | — | ||
| Q4 24 | $698.0M | — | ||
| Q3 24 | $700.4M | $917.9M | ||
| Q2 24 | $695.5M | — | ||
| Q1 24 | $606.6M | $810.4M |
净利润DOCFUL
| Q4 25 | $114.0M | — | ||
| Q3 25 | $-117.1M | $67.2M | ||
| Q2 25 | $31.7M | $41.8M | ||
| Q1 25 | $42.8M | — | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $85.9M | $55.4M | ||
| Q2 24 | $146.0M | — | ||
| Q1 24 | $6.7M | $31.0M |
毛利率DOCFUL
| Q4 25 | — | — | ||
| Q3 25 | 58.6% | 32.0% | ||
| Q2 25 | 60.2% | 31.9% | ||
| Q1 25 | 61.1% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 60.0% | 30.0% | ||
| Q2 24 | 60.6% | — | ||
| Q1 24 | 59.8% | 29.5% |
营业利润率DOCFUL
| Q4 25 | 17.4% | — | ||
| Q3 25 | 9.2% | 12.3% | ||
| Q2 25 | 5.7% | 11.1% | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | 14.1% | 11.4% | ||
| Q2 24 | 22.3% | — | ||
| Q1 24 | 3.7% | 8.3% |
净利率DOCFUL
| Q4 25 | 73.2% | — | ||
| Q3 25 | -16.6% | 7.5% | ||
| Q2 25 | 4.6% | 4.7% | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 12.3% | 6.0% | ||
| Q2 24 | 21.0% | — | ||
| Q1 24 | 1.1% | 3.8% |
每股收益（稀释后）DOCFUL
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.17 | $1.22 | ||
| Q2 25 | $0.05 | $0.76 | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $0.12 | $0.98 | ||
| Q2 24 | $0.21 | — | ||
| Q1 24 | $0.01 | $0.55 |
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 | $122.5M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $2.0B |
| 总资产 | $20.3B | $5.2B |
| 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DOCFUL
| Q4 25 | $467.5M | — | ||
| Q3 25 | $91.0M | $122.5M | ||
| Q2 25 | $89.4M | $96.8M | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | $119.8M | — | ||
| Q3 24 | $180.4M | $131.4M | ||
| Q2 24 | $106.9M | — | ||
| Q1 24 | $101.8M | $165.2M |
总债务DOCFUL
| 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DOCFUL
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | $2.0B | ||
| Q2 25 | $7.9B | $1.9B | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $8.6B | $1.8B | ||
| Q2 24 | $8.8B | — | ||
| Q1 24 | $8.9B | $1.8B |
总资产DOCFUL
| Q4 25 | $20.3B | — | ||
| Q3 25 | $19.6B | $5.2B | ||
| Q2 25 | $19.8B | $5.1B | ||
| Q1 25 | $19.8B | — | ||
| Q4 24 | $19.9B | — | ||
| Q3 24 | $20.0B | $5.0B | ||
| Q2 24 | $20.2B | — | ||
| Q1 24 | $20.5B | $4.7B |
负债/权益比DOCFUL
| 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 | $99.0M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $68.9M |
| 自由现金流率自由现金流/营收 | 49.6% | 7.7% |
| 资本支出强度资本支出/营收 | 124.4% | 3.4% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.47× |
| 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DOCFUL
| Q4 25 | $1.3B | — | ||
| Q3 25 | $315.0M | $99.0M | ||
| Q2 25 | $363.5M | — | ||
| Q1 25 | $279.4M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $318.2M | $169.4M | ||
| Q2 24 | $316.2M | — | ||
| Q1 24 | $152.6M | $47.4M |
自由现金流DOCFUL
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | $68.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | $99.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $4.1M |
自由现金流率DOCFUL
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | 7.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.5% |
资本支出强度DOCFUL
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.3% |
现金转化率DOCFUL
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 3.06× | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | 22.85× | 1.53× |
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
FUL
| Hygiene Health And Consumable Adhesives | $386.1M | 43% |
| Engineering Adhesives | $272.3M | 31% |
| Building Adhesives Solutions | $233.7M | 26% |
