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Healthpeak Properties（DOC）与Life Time Group Holdings, Inc.（LTH）财务数据对比。点击上方公司名可切换其他公司
Life Time Group Holdings, Inc.的季度营收约是Healthpeak Properties的1.0倍（$745.1M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 16.5%，领先56.7%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $-64.6M），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% 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。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
DOC vs LTH — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $745.1M |
| 净利润 | $114.0M | $123.0M |
| 毛利率 | — | 49.1% |
| 营业利润率 | 17.4% | 17.4% |
| 净利率 | 73.2% | 16.5% |
| 营收同比 | 3.1% | 12.3% |
| 净利润同比 | 2406.4% | 231.0% |
| 每股收益（稀释后） | $0.16 | $0.55 |
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
| Q4 25 | $719.4M | $745.1M | ||
| Q3 25 | $705.9M | $782.6M | ||
| Q2 25 | $694.3M | $761.5M | ||
| Q1 25 | $702.9M | $706.0M | ||
| Q4 24 | $698.0M | $663.3M | ||
| Q3 24 | $700.4M | $693.2M | ||
| Q2 24 | $695.5M | $667.8M | ||
| Q1 24 | $606.6M | $596.7M |
| Q4 25 | $114.0M | $123.0M | ||
| Q3 25 | $-117.1M | $102.4M | ||
| Q2 25 | $31.7M | $72.1M | ||
| Q1 25 | $42.8M | $76.1M | ||
| Q4 24 | $4.5M | $37.2M | ||
| Q3 24 | $85.9M | $41.4M | ||
| Q2 24 | $146.0M | $52.8M | ||
| Q1 24 | $6.7M | $24.9M |
| Q4 25 | — | 49.1% | ||
| Q3 25 | 58.6% | 47.1% | ||
| Q2 25 | 60.2% | 47.0% | ||
| Q1 25 | 61.1% | 47.5% | ||
| Q4 24 | 60.3% | 48.2% | ||
| Q3 24 | 60.0% | 46.5% | ||
| Q2 24 | 60.6% | 46.8% | ||
| Q1 24 | 59.8% | 46.1% |
| Q4 25 | 17.4% | 17.4% | ||
| Q3 25 | 9.2% | 17.3% | ||
| Q2 25 | 5.7% | 14.2% | ||
| Q1 25 | 7.7% | 15.2% | ||
| Q4 24 | -2.2% | 13.1% | ||
| Q3 24 | 14.1% | 13.5% | ||
| Q2 24 | 22.3% | 15.7% | ||
| Q1 24 | 3.7% | 12.1% |
| Q4 25 | 73.2% | 16.5% | ||
| Q3 25 | -16.6% | 13.1% | ||
| Q2 25 | 4.6% | 9.5% | ||
| Q1 25 | 6.1% | 10.8% | ||
| Q4 24 | 0.7% | 5.6% | ||
| Q3 24 | 12.3% | 6.0% | ||
| Q2 24 | 21.0% | 7.9% | ||
| Q1 24 | 1.1% | 4.2% |
| Q4 25 | $0.16 | $0.55 | ||
| Q3 25 | $-0.17 | $0.45 | ||
| Q2 25 | $0.05 | $0.32 | ||
| Q1 25 | $0.06 | $0.34 | ||
| Q4 24 | $0.02 | $0.17 | ||
| Q3 24 | $0.12 | $0.19 | ||
| Q2 24 | $0.21 | $0.26 | ||
| Q1 24 | $0.01 | $0.12 |
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 | $204.8M |
| 总债务越低越好 | $9.8B | $1.5B |
| 股东权益账面价值 | $7.5B | $3.1B |
| 总资产 | $20.3B | $8.0B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.48× |
8季度趋势，按日历期对齐
| Q4 25 | $467.5M | $204.8M | ||
| Q3 25 | $91.0M | $218.9M | ||
| Q2 25 | $89.4M | $175.5M | ||
| Q1 25 | $70.6M | $59.0M | ||
| Q4 24 | $119.8M | $10.9M | ||
| Q3 24 | $180.4M | $120.9M | ||
| Q2 24 | $106.9M | $34.5M | ||
| Q1 24 | $101.8M | $18.6M |
| Q4 25 | $9.8B | $1.5B | ||
| Q3 25 | $9.1B | $1.5B | ||
| Q2 25 | $9.0B | $1.5B | ||
| Q1 25 | $8.9B | $1.5B | ||
| Q4 24 | $8.7B | $1.5B | ||
| Q3 24 | $8.6B | $1.7B | ||
| Q2 24 | $8.6B | $1.8B | ||
| Q1 24 | $8.8B | $2.0B |
| Q4 25 | $7.5B | $3.1B | ||
| Q3 25 | $7.6B | $3.0B | ||
| Q2 25 | $7.9B | $2.9B | ||
| Q1 25 | $8.2B | $2.7B | ||
| Q4 24 | $8.4B | $2.6B | ||
| Q3 24 | $8.6B | $2.6B | ||
| Q2 24 | $8.8B | $2.4B | ||
| Q1 24 | $8.9B | $2.3B |
| Q4 25 | $20.3B | $8.0B | ||
| Q3 25 | $19.6B | $7.8B | ||
| Q2 25 | $19.8B | $7.6B | ||
| Q1 25 | $19.8B | $7.3B | ||
| Q4 24 | $19.9B | $7.2B | ||
| Q3 24 | $20.0B | $7.2B | ||
| Q2 24 | $20.2B | $7.1B | ||
| Q1 24 | $20.5B | $7.1B |
| Q4 25 | 1.31× | 0.48× | ||
| Q3 25 | 1.20× | 0.51× | ||
| Q2 25 | 1.14× | 0.53× | ||
| Q1 25 | 1.08× | 0.56× | ||
| Q4 24 | 1.04× | 0.59× | ||
| Q3 24 | 1.00× | 0.64× | ||
| Q2 24 | 0.98× | 0.78× | ||
| Q1 24 | 0.99× | 0.87× |
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 | $239.9M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $-64.6M |
| 自由现金流率自由现金流/营收 | 49.6% | -8.7% |
| 资本支出强度资本支出/营收 | 124.4% | 40.9% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.95× |
| 过去12个月自由现金流最近4个季度 | — | $-21.0M |
8季度趋势，按日历期对齐
| Q4 25 | $1.3B | $239.9M | ||
| Q3 25 | $315.0M | $251.1M | ||
| Q2 25 | $363.5M | $195.7M | ||
| Q1 25 | $279.4M | $183.9M | ||
| Q4 24 | $1.1B | $163.1M | ||
| Q3 24 | $318.2M | $151.1M | ||
| Q2 24 | $316.2M | $170.4M | ||
| Q1 24 | $152.6M | $90.4M |
| Q4 25 | $357.0M | $-64.6M | ||
| Q3 25 | — | $28.6M | ||
| Q2 25 | — | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | $333.7M | $26.8M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | — | $26.1M | ||
| Q1 24 | — | $-66.4M |
| Q4 25 | 49.6% | -8.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | 47.8% | 4.0% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | -11.1% |
| Q4 25 | 124.4% | 40.9% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | 105.6% | 20.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 26.3% |
| Q4 25 | 10.99× | 1.95× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | 11.48× | 2.71× | ||
| Q1 25 | 6.52× | 2.41× | ||
| Q4 24 | 235.43× | 4.39× | ||
| Q3 24 | 3.71× | 3.65× | ||
| Q2 24 | 2.17× | 3.23× | ||
| Q1 24 | 22.85× | 3.63× |
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
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
