vs
Healthpeak Properties（DOC）与盖尔斯（GES）财务数据对比。点击上方公司名可切换其他公司
盖尔斯的季度营收约是Healthpeak Properties的1.1倍（$791.4M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 3.2%，领先69.9%），盖尔斯同比增速更快（7.2% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $-56.3M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -5.8%）
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。
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
DOC vs GES — 直观对比
营收规模更大
GES
是对方的1.1倍
$719.4M
营收增速更快
GES
高出4.1%
3.1%
净利率更高
DOC
高出69.9%
3.2%
自由现金流更多
DOC
多$413.4M
$-56.3M
两年增速更快
DOC
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $791.4M |
| 净利润 | $114.0M | $25.6M |
| 毛利率 | — | 42.5% |
| 营业利润率 | 17.4% | 2.9% |
| 净利率 | 73.2% | 3.2% |
| 营收同比 | 3.1% | 7.2% |
| 净利润同比 | 2406.4% | 209.6% |
| 每股收益（稀释后） | $0.16 | $0.48 |
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DOCGES
| Q4 25 | $719.4M | $791.4M | ||
| Q3 25 | $705.9M | $772.9M | ||
| Q2 25 | $694.3M | $647.8M | ||
| Q1 25 | $702.9M | $932.3M | ||
| Q4 24 | $698.0M | $738.5M | ||
| Q3 24 | $700.4M | $732.6M | ||
| Q2 24 | $695.5M | $591.9M | ||
| Q1 24 | $606.6M | $891.0M |
净利润DOCGES
| Q4 25 | $114.0M | $25.6M | ||
| Q3 25 | $-117.1M | $6.2M | ||
| Q2 25 | $31.7M | $-32.9M | ||
| Q1 25 | $42.8M | $81.4M | ||
| Q4 24 | $4.5M | $-23.4M | ||
| Q3 24 | $85.9M | $-10.6M | ||
| Q2 24 | $146.0M | $13.0M | ||
| Q1 24 | $6.7M | $115.3M |
毛利率DOCGES
| Q4 25 | — | 42.5% | ||
| Q3 25 | 58.6% | 42.5% | ||
| Q2 25 | 60.2% | 39.9% | ||
| Q1 25 | 61.1% | 44.1% | ||
| Q4 24 | 60.3% | 43.6% | ||
| Q3 24 | 60.0% | 43.7% | ||
| Q2 24 | 60.6% | 41.9% | ||
| Q1 24 | 59.8% | 45.4% |
营业利润率DOCGES
| Q4 25 | 17.4% | 2.9% | ||
| Q3 25 | 9.2% | 2.3% | ||
| Q2 25 | 5.7% | -5.1% | ||
| Q1 25 | 7.7% | 11.1% | ||
| Q4 24 | -2.2% | 5.7% | ||
| Q3 24 | 14.1% | 6.5% | ||
| Q2 24 | 22.3% | -3.4% | ||
| Q1 24 | 3.7% | 16.3% |
净利率DOCGES
| Q4 25 | 73.2% | 3.2% | ||
| Q3 25 | -16.6% | 0.8% | ||
| Q2 25 | 4.6% | -5.1% | ||
| Q1 25 | 6.1% | 8.7% | ||
| Q4 24 | 0.7% | -3.2% | ||
| Q3 24 | 12.3% | -1.4% | ||
| Q2 24 | 21.0% | 2.2% | ||
| Q1 24 | 1.1% | 12.9% |
每股收益（稀释后）DOCGES
| Q4 25 | $0.16 | $0.48 | ||
| Q3 25 | $-0.17 | $0.12 | ||
| Q2 25 | $0.05 | $-0.65 | ||
| Q1 25 | $0.06 | $1.29 | ||
| Q4 24 | $0.02 | $-0.47 | ||
| Q3 24 | $0.12 | $-0.28 | ||
| Q2 24 | $0.21 | $0.23 | ||
| Q1 24 | $0.01 | $1.90 |
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 | $154.2M |
| 总债务越低越好 | $9.8B | $299.5M |
| 股东权益账面价值 | $7.5B | $508.5M |
| 总资产 | $20.3B | $3.0B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资DOCGES
| Q4 25 | $467.5M | $154.2M | ||
| Q3 25 | $91.0M | $189.6M | ||
| Q2 25 | $89.4M | $151.2M | ||
| Q1 25 | $70.6M | $187.7M | ||
| Q4 24 | $119.8M | $140.9M | ||
| Q3 24 | $180.4M | $218.9M | ||
| Q2 24 | $106.9M | $241.7M | ||
| Q1 24 | $101.8M | $360.3M |
总债务DOCGES
| Q4 25 | $9.8B | $299.5M | ||
| Q3 25 | $9.1B | $258.4M | ||
| Q2 25 | $9.0B | $241.7M | ||
| Q1 25 | $8.9B | $150.7M | ||
| Q4 24 | $8.7B | $238.3M | ||
| Q3 24 | $8.6B | $187.8M | ||
| Q2 24 | $8.6B | $196.9M | ||
| Q1 24 | $8.8B | $28.2M |
股东权益DOCGES
| Q4 25 | $7.5B | $508.5M | ||
| Q3 25 | $7.6B | $487.6M | ||
| Q2 25 | $7.9B | $483.6M | ||
| Q1 25 | $8.2B | $505.0M | ||
| Q4 24 | $8.4B | $450.7M | ||
| Q3 24 | $8.6B | $491.2M | ||
| Q2 24 | $8.8B | $565.5M | ||
| Q1 24 | $8.9B | $684.9M |
总资产DOCGES
| Q4 25 | $20.3B | $3.0B | ||
| Q3 25 | $19.6B | $3.0B | ||
| Q2 25 | $19.8B | $2.9B | ||
| Q1 25 | $19.8B | $2.8B | ||
| Q4 24 | $19.9B | $2.8B | ||
| Q3 24 | $20.0B | $2.8B | ||
| Q2 24 | $20.2B | $2.7B | ||
| Q1 24 | $20.5B | $2.6B |
负债/权益比DOCGES
| Q4 25 | 1.31× | 0.59× | ||
| Q3 25 | 1.20× | 0.53× | ||
| Q2 25 | 1.14× | 0.50× | ||
| Q1 25 | 1.08× | 0.30× | ||
| Q4 24 | 1.04× | 0.53× | ||
| Q3 24 | 1.00× | 0.38× | ||
| Q2 24 | 0.98× | 0.35× | ||
| Q1 24 | 0.99× | 0.04× |
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 | $-39.5M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $-56.3M |
| 自由现金流率自由现金流/营收 | 49.6% | -7.1% |
| 资本支出强度资本支出/营收 | 124.4% | 2.1% |
| 现金转化率经营现金流/净利润 | 10.99× | -1.54× |
| 过去12个月自由现金流最近4个季度 | — | $62.5M |
8季度趋势，按日历期对齐
经营现金流DOCGES
| Q4 25 | $1.3B | $-39.5M | ||
| Q3 25 | $315.0M | $74.9M | ||
| Q2 25 | $363.5M | $-73.4M | ||
| Q1 25 | $279.4M | $183.2M | ||
| Q4 24 | $1.1B | $-83.3M | ||
| Q3 24 | $318.2M | $44.7M | ||
| Q2 24 | $316.2M | $-22.9M | ||
| Q1 24 | $152.6M | $289.5M |
自由现金流DOCGES
| Q4 25 | $357.0M | $-56.3M | ||
| Q3 25 | — | $53.4M | ||
| Q2 25 | — | $-95.3M | ||
| Q1 25 | — | $160.7M | ||
| Q4 24 | $333.7M | $-105.4M | ||
| Q3 24 | — | $24.3M | ||
| Q2 24 | — | $-44.0M | ||
| Q1 24 | — | $267.8M |
自由现金流率DOCGES
| Q4 25 | 49.6% | -7.1% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | -14.7% | ||
| Q1 25 | — | 17.2% | ||
| Q4 24 | 47.8% | -14.3% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | -7.4% | ||
| Q1 24 | — | 30.1% |
资本支出强度DOCGES
| Q4 25 | 124.4% | 2.1% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | 105.6% | 3.0% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 2.4% |
现金转化率DOCGES
| Q4 25 | 10.99× | -1.54× | ||
| Q3 25 | — | 12.00× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | 2.25× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | — | ||
| Q2 24 | 2.17× | -1.76× | ||
| Q1 24 | 22.85× | 2.51× |
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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
