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Healthpeak Properties（DOC）与微芯科技（MCHP）财务数据对比。点击上方公司名可切换其他公司
微芯科技的季度营收约是Healthpeak Properties的1.6倍（$1.2B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 5.3%，领先67.9%），微芯科技同比增速更快（15.6% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $318.9M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -5.4%）
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。
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
DOC vs MCHP — 直观对比
营收规模更大
MCHP
是对方的1.6倍
$719.4M
营收增速更快
MCHP
高出12.5%
3.1%
净利率更高
DOC
高出67.9%
5.3%
自由现金流更多
DOC
多$38.1M
$318.9M
两年增速更快
DOC
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $1.2B |
| 净利润 | $114.0M | $62.7M |
| 毛利率 | — | 59.6% |
| 营业利润率 | 17.4% | 12.8% |
| 净利率 | 73.2% | 5.3% |
| 营收同比 | 3.1% | 15.6% |
| 净利润同比 | 2406.4% | 217.0% |
| 每股收益（稀释后） | $0.16 | $0.06 |
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DOCMCHP
| Q4 25 | $719.4M | $1.2B | ||
| Q3 25 | $705.9M | $1.1B | ||
| Q2 25 | $694.3M | $1.1B | ||
| Q1 25 | $702.9M | $970.5M | ||
| Q4 24 | $698.0M | $1.0B | ||
| Q3 24 | $700.4M | $1.2B | ||
| Q2 24 | $695.5M | $1.2B | ||
| Q1 24 | $606.6M | $1.3B |
净利润DOCMCHP
| Q4 25 | $114.0M | $62.7M | ||
| Q3 25 | $-117.1M | $41.7M | ||
| Q2 25 | $31.7M | $-18.6M | ||
| Q1 25 | $42.8M | $-154.6M | ||
| Q4 24 | $4.5M | $-53.6M | ||
| Q3 24 | $85.9M | $78.4M | ||
| Q2 24 | $146.0M | $129.3M | ||
| Q1 24 | $6.7M | $154.7M |
毛利率DOCMCHP
| Q4 25 | — | 59.6% | ||
| Q3 25 | 58.6% | 55.9% | ||
| Q2 25 | 60.2% | 53.6% | ||
| Q1 25 | 61.1% | 51.6% | ||
| Q4 24 | 60.3% | 54.7% | ||
| Q3 24 | 60.0% | 57.4% | ||
| Q2 24 | 60.6% | 59.4% | ||
| Q1 24 | 59.8% | 59.6% |
营业利润率DOCMCHP
| Q4 25 | 17.4% | 12.8% | ||
| Q3 25 | 9.2% | 7.8% | ||
| Q2 25 | 5.7% | 3.0% | ||
| Q1 25 | 7.7% | -10.3% | ||
| Q4 24 | -2.2% | 3.0% | ||
| Q3 24 | 14.1% | 12.6% | ||
| Q2 24 | 22.3% | 17.7% | ||
| Q1 24 | 3.7% | 19.1% |
净利率DOCMCHP
| Q4 25 | 73.2% | 5.3% | ||
| Q3 25 | -16.6% | 3.7% | ||
| Q2 25 | 4.6% | -1.7% | ||
| Q1 25 | 6.1% | -15.9% | ||
| Q4 24 | 0.7% | -5.2% | ||
| Q3 24 | 12.3% | 6.7% | ||
| Q2 24 | 21.0% | 10.4% | ||
| Q1 24 | 1.1% | 11.7% |
每股收益（稀释后）DOCMCHP
| Q4 25 | $0.16 | $0.06 | ||
| Q3 25 | $-0.17 | $0.03 | ||
| Q2 25 | $0.05 | $-0.09 | ||
| Q1 25 | $0.06 | $-0.29 | ||
| Q4 24 | $0.02 | $-0.10 | ||
| Q3 24 | $0.12 | $0.14 | ||
| Q2 24 | $0.21 | $0.24 | ||
| Q1 24 | $0.01 | $0.29 |
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 | $250.7M |
| 总债务越低越好 | $9.8B | $5.4B |
| 股东权益账面价值 | $7.5B | $6.6B |
| 总资产 | $20.3B | $14.3B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资DOCMCHP
| Q4 25 | $467.5M | $250.7M | ||
| Q3 25 | $91.0M | $236.8M | ||
| Q2 25 | $89.4M | $566.5M | ||
| Q1 25 | $70.6M | $771.7M | ||
| Q4 24 | $119.8M | $586.0M | ||
| Q3 24 | $180.4M | $286.1M | ||
| Q2 24 | $106.9M | $315.1M | ||
| Q1 24 | $101.8M | $319.7M |
总债务DOCMCHP
| Q4 25 | $9.8B | $5.4B | ||
| Q3 25 | $9.1B | $5.4B | ||
| Q2 25 | $9.0B | $5.5B | ||
| Q1 25 | $8.9B | $5.6B | ||
| Q4 24 | $8.7B | $6.7B | ||
| Q3 24 | $8.6B | $6.4B | ||
| Q2 24 | $8.6B | $6.2B | ||
| Q1 24 | $8.8B | $6.0B |
股东权益DOCMCHP
| Q4 25 | $7.5B | $6.6B | ||
| Q3 25 | $7.6B | $6.7B | ||
| Q2 25 | $7.9B | $6.9B | ||
| Q1 25 | $8.2B | $7.1B | ||
| Q4 24 | $8.4B | $6.0B | ||
| Q3 24 | $8.6B | $6.3B | ||
| Q2 24 | $8.8B | $6.4B | ||
| Q1 24 | $8.9B | $6.7B |
总资产DOCMCHP
| Q4 25 | $20.3B | $14.3B | ||
| Q3 25 | $19.6B | $14.5B | ||
| Q2 25 | $19.8B | $15.0B | ||
| Q1 25 | $19.8B | $15.4B | ||
| Q4 24 | $19.9B | $15.6B | ||
| Q3 24 | $20.0B | $15.6B | ||
| Q2 24 | $20.2B | $15.8B | ||
| Q1 24 | $20.5B | $15.9B |
负债/权益比DOCMCHP
| Q4 25 | 1.31× | 0.82× | ||
| Q3 25 | 1.20× | 0.80× | ||
| Q2 25 | 1.14× | 0.80× | ||
| Q1 25 | 1.08× | 0.80× | ||
| Q4 24 | 1.04× | 1.12× | ||
| Q3 24 | 1.00× | 1.02× | ||
| Q2 24 | 0.98× | 0.96× | ||
| Q1 24 | 0.99× | 0.90× |
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 | $341.4M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $318.9M |
| 自由现金流率自由现金流/营收 | 49.6% | 26.9% |
| 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× | 5.44× |
| 过去12个月自由现金流最近4个季度 | — | $819.9M |
8季度趋势，按日历期对齐
经营现金流DOCMCHP
| Q4 25 | $1.3B | $341.4M | ||
| Q3 25 | $315.0M | $88.1M | ||
| Q2 25 | $363.5M | $275.6M | ||
| Q1 25 | $279.4M | $205.9M | ||
| Q4 24 | $1.1B | $271.5M | ||
| Q3 24 | $318.2M | $43.6M | ||
| Q2 24 | $316.2M | $377.1M | ||
| Q1 24 | $152.6M | $430.0M |
自由现金流DOCMCHP
| Q4 25 | $357.0M | $318.9M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $257.7M | ||
| Q1 25 | — | $191.7M | ||
| Q4 24 | $333.7M | $253.4M | ||
| Q3 24 | — | $22.8M | ||
| Q2 24 | — | $304.2M | ||
| Q1 24 | — | $389.9M |
自由现金流率DOCMCHP
| Q4 25 | 49.6% | 26.9% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 24.0% | ||
| Q1 25 | — | 19.8% | ||
| Q4 24 | 47.8% | 24.7% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 24.5% | ||
| Q1 24 | — | 29.4% |
资本支出强度DOCMCHP
| Q4 25 | 124.4% | 1.9% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | 105.6% | 1.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | 3.0% |
现金转化率DOCMCHP
| Q4 25 | 10.99× | 5.44× | ||
| Q3 25 | — | 2.11× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 0.56× | ||
| Q2 24 | 2.17× | 2.92× | ||
| Q1 24 | 22.85× | 2.78× |
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
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
