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Healthpeak Properties（DOC）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
摩丁制造的季度营收约是Healthpeak Properties的1.1倍（$805.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs -5.9%，领先79.1%），摩丁制造同比增速更快（30.5% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $-17.1M），过去两年摩丁制造的营收复合增速更高（15.5% 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。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
DOC vs MOD — 直观对比
营收规模更大
MOD
是对方的1.1倍
$719.4M
营收增速更快
MOD
高出27.4%
3.1%
净利率更高
DOC
高出79.1%
-5.9%
自由现金流更多
DOC
多$374.1M
$-17.1M
两年增速更快
MOD
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $805.0M |
| 净利润 | $114.0M | $-47.4M |
| 毛利率 | — | 23.1% |
| 营业利润率 | 17.4% | 11.1% |
| 净利率 | 73.2% | -5.9% |
| 营收同比 | 3.1% | 30.5% |
| 净利润同比 | 2406.4% | -215.6% |
| 每股收益（稀释后） | $0.16 | $-0.90 |
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DOCMOD
| Q4 25 | $719.4M | $805.0M | ||
| Q3 25 | $705.9M | $738.9M | ||
| Q2 25 | $694.3M | $682.8M | ||
| Q1 25 | $702.9M | $647.2M | ||
| Q4 24 | $698.0M | $616.8M | ||
| Q3 24 | $700.4M | $658.0M | ||
| Q2 24 | $695.5M | $661.5M | ||
| Q1 24 | $606.6M | $603.5M |
净利润DOCMOD
| Q4 25 | $114.0M | $-47.4M | ||
| Q3 25 | $-117.1M | $44.4M | ||
| Q2 25 | $31.7M | $51.2M | ||
| Q1 25 | $42.8M | $49.6M | ||
| Q4 24 | $4.5M | $41.0M | ||
| Q3 24 | $85.9M | $46.1M | ||
| Q2 24 | $146.0M | $47.3M | ||
| Q1 24 | $6.7M | $25.8M |
毛利率DOCMOD
| Q4 25 | — | 23.1% | ||
| Q3 25 | 58.6% | 22.3% | ||
| Q2 25 | 60.2% | 24.2% | ||
| Q1 25 | 61.1% | 25.6% | ||
| Q4 24 | 60.3% | 24.3% | ||
| Q3 24 | 60.0% | 25.2% | ||
| Q2 24 | 60.6% | 24.6% | ||
| Q1 24 | 59.8% | 22.4% |
营业利润率DOCMOD
| Q4 25 | 17.4% | 11.1% | ||
| Q3 25 | 9.2% | 9.9% | ||
| Q2 25 | 5.7% | 11.1% | ||
| Q1 25 | 7.7% | 11.5% | ||
| Q4 24 | -2.2% | 9.6% | ||
| Q3 24 | 14.1% | 11.4% | ||
| Q2 24 | 22.3% | 11.2% | ||
| Q1 24 | 3.7% | 7.8% |
净利率DOCMOD
| Q4 25 | 73.2% | -5.9% | ||
| Q3 25 | -16.6% | 6.0% | ||
| Q2 25 | 4.6% | 7.5% | ||
| Q1 25 | 6.1% | 7.7% | ||
| Q4 24 | 0.7% | 6.6% | ||
| Q3 24 | 12.3% | 7.0% | ||
| Q2 24 | 21.0% | 7.2% | ||
| Q1 24 | 1.1% | 4.3% |
每股收益（稀释后）DOCMOD
| Q4 25 | $0.16 | $-0.90 | ||
| Q3 25 | $-0.17 | $0.83 | ||
| Q2 25 | $0.05 | $0.95 | ||
| Q1 25 | $0.06 | $0.92 | ||
| Q4 24 | $0.02 | $0.76 | ||
| Q3 24 | $0.12 | $0.86 | ||
| Q2 24 | $0.21 | $0.88 | ||
| Q1 24 | $0.01 | $0.48 |
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 | $98.7M |
| 总债务越低越好 | $9.8B | $570.7M |
| 股东权益账面价值 | $7.5B | $1.1B |
| 总资产 | $20.3B | $2.5B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资DOCMOD
| Q4 25 | $467.5M | $98.7M | ||
| Q3 25 | $91.0M | $83.8M | ||
| Q2 25 | $89.4M | $124.5M | ||
| Q1 25 | $70.6M | $71.6M | ||
| Q4 24 | $119.8M | $83.8M | ||
| Q3 24 | $180.4M | $78.6M | ||
| Q2 24 | $106.9M | $72.9M | ||
| Q1 24 | $101.8M | $60.1M |
总债务DOCMOD
| Q4 25 | $9.8B | $570.7M | ||
| Q3 25 | $9.1B | $525.8M | ||
| Q2 25 | $9.0B | $482.1M | ||
| Q1 25 | $8.9B | $296.7M | ||
| Q4 24 | $8.7B | $330.0M | ||
| Q3 24 | $8.6B | $359.1M | ||
| Q2 24 | $8.6B | $405.7M | ||
| Q1 24 | $8.8B | $399.9M |
股东权益DOCMOD
| Q4 25 | $7.5B | $1.1B | ||
| Q3 25 | $7.6B | $1.1B | ||
| Q2 25 | $7.9B | $1.0B | ||
| Q1 25 | $8.2B | $910.2M | ||
| Q4 24 | $8.4B | $855.1M | ||
| Q3 24 | $8.6B | $858.8M | ||
| Q2 24 | $8.8B | $788.4M | ||
| Q1 24 | $8.9B | $747.6M |
总资产DOCMOD
| Q4 25 | $20.3B | $2.5B | ||
| Q3 25 | $19.6B | $2.4B | ||
| Q2 25 | $19.8B | $2.2B | ||
| Q1 25 | $19.8B | $1.9B | ||
| Q4 24 | $19.9B | $1.8B | ||
| Q3 24 | $20.0B | $1.9B | ||
| Q2 24 | $20.2B | $1.9B | ||
| Q1 24 | $20.5B | $1.9B |
负债/权益比DOCMOD
| Q4 25 | 1.31× | 0.51× | ||
| Q3 25 | 1.20× | 0.50× | ||
| Q2 25 | 1.14× | 0.48× | ||
| Q1 25 | 1.08× | 0.33× | ||
| Q4 24 | 1.04× | 0.39× | ||
| Q3 24 | 1.00× | 0.42× | ||
| Q2 24 | 0.98× | 0.51× | ||
| Q1 24 | 0.99× | 0.53× |
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 | $24.7M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $-17.1M |
| 自由现金流率自由现金流/营收 | 49.6% | -2.1% |
| 资本支出强度资本支出/营收 | 124.4% | 5.2% |
| 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 | — | $-20.3M |
8季度趋势，按日历期对齐
经营现金流DOCMOD
| Q4 25 | $1.3B | $24.7M | ||
| Q3 25 | $315.0M | $1.4M | ||
| Q2 25 | $363.5M | $27.7M | ||
| Q1 25 | $279.4M | $54.8M | ||
| Q4 24 | $1.1B | $60.7M | ||
| Q3 24 | $318.2M | $57.3M | ||
| Q2 24 | $316.2M | $40.5M | ||
| Q1 24 | $152.6M | $39.6M |
自由现金流DOCMOD
| Q4 25 | $357.0M | $-17.1M | ||
| Q3 25 | — | $-30.5M | ||
| Q2 25 | — | $200.0K | ||
| Q1 25 | — | $27.1M | ||
| Q4 24 | $333.7M | $44.7M | ||
| Q3 24 | — | $43.8M | ||
| Q2 24 | — | $13.7M | ||
| Q1 24 | — | $-4.3M |
自由现金流率DOCMOD
| Q4 25 | 49.6% | -2.1% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | 47.8% | 7.2% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | -0.7% |
资本支出强度DOCMOD
| Q4 25 | 124.4% | 5.2% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | 105.6% | 2.6% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 4.1% | ||
| Q1 24 | — | 7.3% |
现金转化率DOCMOD
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | 11.48× | 0.54× | ||
| Q1 25 | 6.52× | 1.10× | ||
| Q4 24 | 235.43× | 1.48× | ||
| Q3 24 | 3.71× | 1.24× | ||
| Q2 24 | 2.17× | 0.86× | ||
| Q1 24 | 22.85× | 1.53× |
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
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
