vs
Healthpeak Properties（DOC）与Lightspeed Commerce Inc.（LSPD）财务数据对比。点击上方公司名可切换其他公司
Lightspeed Commerce Inc.的季度营收约是Healthpeak Properties的1.1倍（$823.4M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs -11.1%，领先84.3%），过去两年Lightspeed Commerce Inc.的营收复合增速更高（89.1% 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。
Lightspeed Commerce是总部位于加拿大魁北克省蒙特利尔的销售点系统及电商软件服务商，2005年由达克斯·达席尔瓦创立，服务覆盖零售、餐饮、酒店等行业，在北美、欧洲、大洋洲等多地设有办公网点。
DOC vs LSPD — 直观对比
营收规模更大
LSPD
是对方的1.1倍
$719.4M
净利率更高
DOC
高出84.3%
-11.1%
两年增速更快
LSPD
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $823.4M |
| 净利润 | $114.0M | $-91.3M |
| 毛利率 | — | 41.1% |
| 营业利润率 | 17.4% | -14.1% |
| 净利率 | 73.2% | -11.1% |
| 营收同比 | 3.1% | — |
| 净利润同比 | 2406.4% | — |
| 每股收益（稀释后） | $0.16 | — |
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DOCLSPD
| Q4 25 | $719.4M | $823.4M | ||
| Q3 25 | $705.9M | $543.3M | ||
| Q2 25 | $694.3M | $266.1M | ||
| Q1 25 | $702.9M | $253.4M | ||
| Q4 24 | $698.0M | $679.1M | ||
| Q3 24 | $700.4M | $439.4M | ||
| Q2 24 | $695.5M | $209.1M | ||
| Q1 24 | $606.6M | $230.2M |
净利润DOCLSPD
| Q4 25 | $114.0M | $-91.3M | ||
| Q3 25 | $-117.1M | $-64.7M | ||
| Q2 25 | $31.7M | $-35.0M | ||
| Q1 25 | $42.8M | $-575.9M | ||
| Q4 24 | $4.5M | $-131.4M | ||
| Q3 24 | $85.9M | $-91.2M | ||
| Q2 24 | $146.0M | $-48.7M | ||
| Q1 24 | $6.7M | $-32.5M |
毛利率DOCLSPD
| Q4 25 | — | 41.1% | ||
| Q3 25 | 58.6% | 41.0% | ||
| Q2 25 | 60.2% | 40.7% | ||
| Q1 25 | 61.1% | 44.1% | ||
| Q4 24 | 60.3% | 42.1% | ||
| Q3 24 | 60.0% | 41.9% | ||
| Q2 24 | 60.6% | 42.0% | ||
| Q1 24 | 59.8% | 43.3% |
营业利润率DOCLSPD
| Q4 25 | 17.4% | -14.1% | ||
| Q3 25 | 9.2% | -15.1% | ||
| Q2 25 | 5.7% | -16.6% | ||
| Q1 25 | 7.7% | -228.9% | ||
| Q4 24 | -2.2% | -23.8% | ||
| Q3 24 | 14.1% | -25.1% | ||
| Q2 24 | 22.3% | -27.9% | ||
| Q1 24 | 3.7% | -17.9% |
净利率DOCLSPD
| Q4 25 | 73.2% | -11.1% | ||
| Q3 25 | -16.6% | -11.9% | ||
| Q2 25 | 4.6% | -13.2% | ||
| Q1 25 | 6.1% | -227.3% | ||
| Q4 24 | 0.7% | -19.4% | ||
| Q3 24 | 12.3% | -20.8% | ||
| Q2 24 | 21.0% | -23.3% | ||
| Q1 24 | 1.1% | -14.1% |
每股收益（稀释后）DOCLSPD
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.17 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $0.06 | $0.10 | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $0.12 | — | ||
| Q2 24 | $0.21 | $-0.01 | ||
| Q1 24 | $0.01 | $0.06 |
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 | — |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | — |
| 总资产 | $20.3B | — |
| 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DOCLSPD
| Q4 25 | $467.5M | — | ||
| Q3 25 | $91.0M | — | ||
| Q2 25 | $89.4M | — | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | $119.8M | — | ||
| Q3 24 | $180.4M | — | ||
| Q2 24 | $106.9M | — | ||
| Q1 24 | $101.8M | — |
总债务DOCLSPD
| 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DOCLSPD
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.8B | — | ||
| Q1 24 | $8.9B | — |
总资产DOCLSPD
| Q4 25 | $20.3B | — | ||
| Q3 25 | $19.6B | — | ||
| Q2 25 | $19.8B | — | ||
| Q1 25 | $19.8B | — | ||
| Q4 24 | $19.9B | — | ||
| Q3 24 | $20.0B | — | ||
| Q2 24 | $20.2B | — | ||
| Q1 24 | $20.5B | — |
负债/权益比DOCLSPD
| 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 | — |
| 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DOCLSPD
| Q4 25 | $1.3B | — | ||
| Q3 25 | $315.0M | — | ||
| Q2 25 | $363.5M | — | ||
| Q1 25 | $279.4M | $-9.9M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $318.2M | — | ||
| Q2 24 | $316.2M | $-26.1M | ||
| Q1 24 | $152.6M | $-28.5M |
自由现金流DOCLSPD
| 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DOCLSPD
| 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DOCLSPD
| 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DOCLSPD
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | — | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | 22.85× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
