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Healthpeak Properties（DOC）与Magnera Corp（MAGN）财务数据对比。点击上方公司名可切换其他公司
Magnera Corp的季度营收约是Healthpeak Properties的1.1倍（$792.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs -4.3%，领先77.5%），Magnera Corp同比增速更快（12.8% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $-13.0M），过去两年Magnera Corp的营收复合增速更高（54.9% 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。
DOC vs MAGN — 直观对比
营收规模更大
MAGN
是对方的1.1倍
$719.4M
营收增速更快
MAGN
高出9.8%
3.1%
净利率更高
DOC
高出77.5%
-4.3%
自由现金流更多
DOC
多$370.0M
$-13.0M
两年增速更快
MAGN
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $792.0M |
| 净利润 | $114.0M | $-34.0M |
| 毛利率 | — | 12.2% |
| 营业利润率 | 17.4% | 1.8% |
| 净利率 | 73.2% | -4.3% |
| 营收同比 | 3.1% | 12.8% |
| 净利润同比 | 2406.4% | 43.3% |
| 每股收益（稀释后） | $0.16 | $-0.95 |
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DOCMAGN
| Q4 25 | $719.4M | $792.0M | ||
| Q3 25 | $705.9M | — | ||
| Q2 25 | $694.3M | $839.0M | ||
| Q1 25 | $702.9M | $824.0M | ||
| Q4 24 | $698.0M | $702.0M | ||
| Q3 24 | $700.4M | $332.1M | ||
| Q2 24 | $695.5M | $556.0M | ||
| Q1 24 | $606.6M | $558.0M |
净利润DOCMAGN
| Q4 25 | $114.0M | $-34.0M | ||
| Q3 25 | $-117.1M | — | ||
| Q2 25 | $31.7M | $-18.0M | ||
| Q1 25 | $42.8M | $-41.0M | ||
| Q4 24 | $4.5M | $-60.0M | ||
| Q3 24 | $85.9M | $-15.2M | ||
| Q2 24 | $146.0M | $19.0M | ||
| Q1 24 | $6.7M | $14.0M |
毛利率DOCMAGN
| Q4 25 | — | 12.2% | ||
| Q3 25 | 58.6% | — | ||
| Q2 25 | 60.2% | 10.7% | ||
| Q1 25 | 61.1% | 10.7% | ||
| Q4 24 | 60.3% | 10.1% | ||
| Q3 24 | 60.0% | 10.7% | ||
| Q2 24 | 60.6% | 6.6% | ||
| Q1 24 | 59.8% | 6.2% |
营业利润率DOCMAGN
| Q4 25 | 17.4% | 1.8% | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 5.7% | 1.5% | ||
| Q1 25 | 7.7% | 0.5% | ||
| Q4 24 | -2.2% | -3.1% | ||
| Q3 24 | 14.1% | 0.9% | ||
| Q2 24 | 22.3% | 3.1% | ||
| Q1 24 | 3.7% | 3.8% |
净利率DOCMAGN
| Q4 25 | 73.2% | -4.3% | ||
| Q3 25 | -16.6% | — | ||
| Q2 25 | 4.6% | -2.1% | ||
| Q1 25 | 6.1% | -5.0% | ||
| Q4 24 | 0.7% | -8.5% | ||
| Q3 24 | 12.3% | -4.6% | ||
| Q2 24 | 21.0% | 3.4% | ||
| Q1 24 | 1.1% | 2.5% |
每股收益（稀释后）DOCMAGN
| Q4 25 | $0.16 | $-0.95 | ||
| Q3 25 | $-0.17 | — | ||
| Q2 25 | $0.05 | $-0.51 | ||
| Q1 25 | $0.06 | $-1.15 | ||
| Q4 24 | $0.02 | $-1.69 | ||
| Q3 24 | $0.12 | $-0.33 | ||
| Q2 24 | $0.21 | $0.60 | ||
| Q1 24 | $0.01 | $0.44 |
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 | $264.0M |
| 总债务越低越好 | $9.8B | $1.9B |
| 股东权益账面价值 | $7.5B | $1.0B |
| 总资产 | $20.3B | $3.9B |
| 负债/权益比越低杠杆越低 | 1.31× | 1.86× |
8季度趋势，按日历期对齐
现金及短期投资DOCMAGN
| Q4 25 | $467.5M | $264.0M | ||
| Q3 25 | $91.0M | — | ||
| Q2 25 | $89.4M | $276.0M | ||
| Q1 25 | $70.6M | $282.0M | ||
| Q4 24 | $119.8M | $215.0M | ||
| Q3 24 | $180.4M | $230.0M | ||
| Q2 24 | $106.9M | $33.9M | ||
| Q1 24 | $101.8M | $30.2M |
总债务DOCMAGN
| Q4 25 | $9.8B | $1.9B | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $9.0B | $2.0B | ||
| Q1 25 | $8.9B | $2.0B | ||
| Q4 24 | $8.7B | $2.0B | ||
| Q3 24 | $8.6B | $2.0B | ||
| Q2 24 | $8.6B | $877.4M | ||
| Q1 24 | $8.8B | $884.7M |
股东权益DOCMAGN
| Q4 25 | $7.5B | $1.0B | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.9B | $1.1B | ||
| Q1 25 | $8.2B | $1.1B | ||
| Q4 24 | $8.4B | $1.1B | ||
| Q3 24 | $8.6B | $2.1B | ||
| Q2 24 | $8.8B | $2.4B | ||
| Q1 24 | $8.9B | $2.4B |
总资产DOCMAGN
| Q4 25 | $20.3B | $3.9B | ||
| Q3 25 | $19.6B | — | ||
| Q2 25 | $19.8B | $4.1B | ||
| Q1 25 | $19.8B | $4.1B | ||
| Q4 24 | $19.9B | $4.0B | ||
| Q3 24 | $20.0B | $2.8B | ||
| Q2 24 | $20.2B | $1.5B | ||
| Q1 24 | $20.5B | $1.5B |
负债/权益比DOCMAGN
| Q4 25 | 1.31× | 1.86× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.14× | 1.77× | ||
| Q1 25 | 1.08× | 1.83× | ||
| Q4 24 | 1.04× | 1.80× | ||
| Q3 24 | 1.00× | 0.91× | ||
| Q2 24 | 0.98× | 0.37× | ||
| Q1 24 | 0.99× | 0.36× |
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 | $2.0M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $-13.0M |
| 自由现金流率自由现金流/营收 | 49.6% | -1.6% |
| 资本支出强度资本支出/营收 | 124.4% | 1.9% |
| 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DOCMAGN
| Q4 25 | $1.3B | $2.0M | ||
| Q3 25 | $315.0M | — | ||
| Q2 25 | $363.5M | $0 | ||
| Q1 25 | $279.4M | $65.0M | ||
| Q4 24 | $1.1B | $-58.0M | ||
| Q3 24 | $318.2M | $12.2M | ||
| Q2 24 | $316.2M | $38.0M | ||
| Q1 24 | $152.6M | $20.0M |
自由现金流DOCMAGN
| Q4 25 | $357.0M | $-13.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $42.0M | ||
| Q4 24 | $333.7M | $-74.0M | ||
| Q3 24 | — | $3.6M | ||
| Q2 24 | — | $23.0M | ||
| Q1 24 | — | $12.5M |
自由现金流率DOCMAGN
| Q4 25 | 49.6% | -1.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | 47.8% | -10.5% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 4.1% | ||
| Q1 24 | — | 2.2% |
资本支出强度DOCMAGN
| Q4 25 | 124.4% | 1.9% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | 105.6% | 2.3% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 1.3% |
现金转化率DOCMAGN
| 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× | 2.00× | ||
| Q1 24 | 22.85× | 1.43× |
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
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
