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Healthpeak Properties（DOC）与HORACE MANN EDUCATORS CORP（HMN）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HORACE MANN EDUCATORS CORP的1.7倍（$719.4M vs $434.8M），HORACE MANN EDUCATORS CORP同比增速更快（6.3% vs 3.1%），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 6.1%）
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。
贺拉斯曼是一家总部位于美国伊利诺伊州的金融服务企业，主营汽车保险、财产保险、补充保险与人寿保险业务，同时提供退休年金、共同基金等金融产品，核心服务群体为教育工作者及其家庭。
DOC vs HMN — 直观对比
营收规模更大
DOC
是对方的1.7倍
$434.8M
营收增速更快
HMN
高出3.2%
3.1%
两年增速更快
DOC
近两年复合增速
6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $434.8M |
| 净利润 | $114.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 10.5% |
| 净利率 | 73.2% | — |
| 营收同比 | 3.1% | 6.3% |
| 净利润同比 | 2406.4% | — |
| 每股收益（稀释后） | $0.16 | $0.87 |
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DOCHMN
| Q4 25 | $719.4M | $434.8M | ||
| Q3 25 | $705.9M | $438.5M | ||
| Q2 25 | $694.3M | $411.7M | ||
| Q1 25 | $702.9M | $416.4M | ||
| Q4 24 | $698.0M | $409.0M | ||
| Q3 24 | $700.4M | $412.1M | ||
| Q2 24 | $695.5M | $388.1M | ||
| Q1 24 | $606.6M | $386.0M |
净利润DOCHMN
| Q4 25 | $114.0M | — | ||
| Q3 25 | $-117.1M | $58.3M | ||
| Q2 25 | $31.7M | $29.4M | ||
| Q1 25 | $42.8M | $38.2M | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $85.9M | $34.3M | ||
| Q2 24 | $146.0M | $3.8M | ||
| Q1 24 | $6.7M | $26.5M |
毛利率DOCHMN
| 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DOCHMN
| Q4 25 | 17.4% | 10.5% | ||
| Q3 25 | 9.2% | 16.3% | ||
| Q2 25 | 5.7% | 8.9% | ||
| Q1 25 | 7.7% | 11.4% | ||
| Q4 24 | -2.2% | 11.8% | ||
| Q3 24 | 14.1% | 10.4% | ||
| Q2 24 | 22.3% | 1.2% | ||
| Q1 24 | 3.7% | 8.5% |
净利率DOCHMN
| Q4 25 | 73.2% | — | ||
| Q3 25 | -16.6% | 13.3% | ||
| Q2 25 | 4.6% | 7.1% | ||
| Q1 25 | 6.1% | 9.2% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 12.3% | 8.3% | ||
| Q2 24 | 21.0% | 1.0% | ||
| Q1 24 | 1.1% | 6.9% |
每股收益（稀释后）DOCHMN
| Q4 25 | $0.16 | $0.87 | ||
| Q3 25 | $-0.17 | $1.40 | ||
| Q2 25 | $0.05 | $0.71 | ||
| Q1 25 | $0.06 | $0.92 | ||
| Q4 24 | $0.02 | $0.92 | ||
| Q3 24 | $0.12 | $0.83 | ||
| Q2 24 | $0.21 | $0.09 | ||
| Q1 24 | $0.01 | $0.64 |
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 | $27.5M |
| 总债务越低越好 | $9.8B | $593.4M |
| 股东权益账面价值 | $7.5B | $1.5B |
| 总资产 | $20.3B | $15.3B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.40× |
8季度趋势，按日历期对齐
现金及短期投资DOCHMN
| Q4 25 | $467.5M | $27.5M | ||
| Q3 25 | $91.0M | $46.7M | ||
| Q2 25 | $89.4M | — | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | $119.8M | $38.1M | ||
| Q3 24 | $180.4M | — | ||
| Q2 24 | $106.9M | — | ||
| Q1 24 | $101.8M | — |
总债务DOCHMN
| Q4 25 | $9.8B | $593.4M | ||
| Q3 25 | $9.1B | $842.9M | ||
| Q2 25 | $9.0B | $547.5M | ||
| Q1 25 | $8.9B | $547.2M | ||
| Q4 24 | $8.7B | $547.0M | ||
| Q3 24 | $8.6B | $546.7M | ||
| Q2 24 | $8.6B | $546.5M | ||
| Q1 24 | $8.8B | $546.2M |
股东权益DOCHMN
| Q4 25 | $7.5B | $1.5B | ||
| Q3 25 | $7.6B | $1.4B | ||
| Q2 25 | $7.9B | $1.4B | ||
| Q1 25 | $8.2B | $1.3B | ||
| Q4 24 | $8.4B | $1.3B | ||
| Q3 24 | $8.6B | $1.3B | ||
| Q2 24 | $8.8B | $1.2B | ||
| Q1 24 | $8.9B | $1.2B |
总资产DOCHMN
| Q4 25 | $20.3B | $15.3B | ||
| Q3 25 | $19.6B | $15.5B | ||
| Q2 25 | $19.8B | $14.7B | ||
| Q1 25 | $19.8B | $14.4B | ||
| Q4 24 | $19.9B | $14.5B | ||
| Q3 24 | $20.0B | $14.7B | ||
| Q2 24 | $20.2B | $14.3B | ||
| Q1 24 | $20.5B | $14.2B |
负债/权益比DOCHMN
| Q4 25 | 1.31× | 0.40× | ||
| Q3 25 | 1.20× | 0.58× | ||
| Q2 25 | 1.14× | 0.40× | ||
| Q1 25 | 1.08× | 0.41× | ||
| Q4 24 | 1.04× | 0.42× | ||
| Q3 24 | 1.00× | 0.42× | ||
| Q2 24 | 0.98× | 0.45× | ||
| Q1 24 | 0.99× | 0.45× |
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 | $553.2M |
| 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× | — |
| 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DOCHMN
| Q4 25 | $1.3B | $553.2M | ||
| Q3 25 | $315.0M | $151.2M | ||
| Q2 25 | $363.5M | $131.3M | ||
| Q1 25 | $279.4M | $140.8M | ||
| Q4 24 | $1.1B | $452.1M | ||
| Q3 24 | $318.2M | $143.9M | ||
| Q2 24 | $316.2M | $40.2M | ||
| Q1 24 | $152.6M | $74.5M |
自由现金流DOCHMN
| 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DOCHMN
| 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DOCHMN
| 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DOCHMN
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 2.59× | ||
| Q2 25 | 11.48× | 4.47× | ||
| Q1 25 | 6.52× | 3.69× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 4.20× | ||
| Q2 24 | 2.17× | 10.58× | ||
| Q1 24 | 22.85× | 2.81× |
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
HMN
| Property And Casualty | $224.3M | 52% |
| Life And Retirement | $139.6M | 32% |
| Supplemental And Group Benefits | $77.0M | 18% |
