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Healthpeak Properties（DOC）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Healthpeak Properties的季度营收约是UiPath, Inc.的1.7倍（$719.4M vs $411.1M），Healthpeak Properties净利率更高（73.2% vs 48.4%，领先24.8%），UiPath, Inc.同比增速更快（15.9% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $25.1M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 0.7%）
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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
DOC vs PATH — 直观对比
营收规模更大
DOC
是对方的1.7倍
$411.1M
营收增速更快
PATH
高出12.9%
3.1%
净利率更高
DOC
高出24.8%
48.4%
自由现金流更多
DOC
多$331.9M
$25.1M
两年增速更快
DOC
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $411.1M |
| 净利润 | $114.0M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 17.4% | 3.2% |
| 净利率 | 73.2% | 48.4% |
| 营收同比 | 3.1% | 15.9% |
| 净利润同比 | 2406.4% | 1966.2% |
| 每股收益（稀释后） | $0.16 | $0.37 |
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DOCPATH
| Q4 25 | $719.4M | $411.1M | ||
| Q3 25 | $705.9M | $361.7M | ||
| Q2 25 | $694.3M | $356.6M | ||
| Q1 25 | $702.9M | $423.6M | ||
| Q4 24 | $698.0M | $354.7M | ||
| Q3 24 | $700.4M | $316.3M | ||
| Q2 24 | $695.5M | $335.1M | ||
| Q1 24 | $606.6M | $405.3M |
净利润DOCPATH
| Q4 25 | $114.0M | $198.8M | ||
| Q3 25 | $-117.1M | $1.6M | ||
| Q2 25 | $31.7M | $-22.6M | ||
| Q1 25 | $42.8M | $51.8M | ||
| Q4 24 | $4.5M | $-10.7M | ||
| Q3 24 | $85.9M | $-86.1M | ||
| Q2 24 | $146.0M | $-28.7M | ||
| Q1 24 | $6.7M | $33.9M |
毛利率DOCPATH
| Q4 25 | — | 83.3% | ||
| Q3 25 | 58.6% | 82.2% | ||
| Q2 25 | 60.2% | 82.1% | ||
| Q1 25 | 61.1% | 84.8% | ||
| Q4 24 | 60.3% | 82.0% | ||
| Q3 24 | 60.0% | 80.0% | ||
| Q2 24 | 60.6% | 83.5% | ||
| Q1 24 | 59.8% | 86.8% |
营业利润率DOCPATH
| Q4 25 | 17.4% | 3.2% | ||
| Q3 25 | 9.2% | -5.6% | ||
| Q2 25 | 5.7% | -4.6% | ||
| Q1 25 | 7.7% | 7.9% | ||
| Q4 24 | -2.2% | -12.2% | ||
| Q3 24 | 14.1% | -32.7% | ||
| Q2 24 | 22.3% | -14.8% | ||
| Q1 24 | 3.7% | 3.7% |
净利率DOCPATH
| Q4 25 | 73.2% | 48.4% | ||
| Q3 25 | -16.6% | 0.4% | ||
| Q2 25 | 4.6% | -6.3% | ||
| Q1 25 | 6.1% | 12.2% | ||
| Q4 24 | 0.7% | -3.0% | ||
| Q3 24 | 12.3% | -27.2% | ||
| Q2 24 | 21.0% | -8.6% | ||
| Q1 24 | 1.1% | 8.4% |
每股收益（稀释后）DOCPATH
| Q4 25 | $0.16 | $0.37 | ||
| Q3 25 | $-0.17 | $0.00 | ||
| Q2 25 | $0.05 | $-0.04 | ||
| Q1 25 | $0.06 | $0.09 | ||
| Q4 24 | $0.02 | $-0.02 | ||
| Q3 24 | $0.12 | $-0.15 | ||
| Q2 24 | $0.21 | $-0.05 | ||
| Q1 24 | $0.01 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $1.9B |
| 总资产 | $20.3B | $2.9B |
| 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DOCPATH
| Q4 25 | $467.5M | $1.4B | ||
| Q3 25 | $91.0M | $1.4B | ||
| Q2 25 | $89.4M | $1.6B | ||
| Q1 25 | $70.6M | $1.6B | ||
| Q4 24 | $119.8M | $1.6B | ||
| Q3 24 | $180.4M | $1.7B | ||
| Q2 24 | $106.9M | $1.9B | ||
| Q1 24 | $101.8M | $1.9B |
总债务DOCPATH
| 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DOCPATH
| Q4 25 | $7.5B | $1.9B | ||
| Q3 25 | $7.6B | $1.7B | ||
| Q2 25 | $7.9B | $1.7B | ||
| Q1 25 | $8.2B | $1.8B | ||
| Q4 24 | $8.4B | $1.7B | ||
| Q3 24 | $8.6B | $1.8B | ||
| Q2 24 | $8.8B | $2.0B | ||
| Q1 24 | $8.9B | $2.0B |
总资产DOCPATH
| Q4 25 | $20.3B | $2.9B | ||
| Q3 25 | $19.6B | $2.6B | ||
| Q2 25 | $19.8B | $2.6B | ||
| Q1 25 | $19.8B | $2.9B | ||
| Q4 24 | $19.9B | $2.7B | ||
| Q3 24 | $20.0B | $2.7B | ||
| Q2 24 | $20.2B | $2.8B | ||
| Q1 24 | $20.5B | $3.0B |
负债/权益比DOCPATH
| 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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 49.6% | 6.1% |
| 资本支出强度资本支出/营收 | 124.4% | 0.8% |
| 现金转化率经营现金流/净利润 | 10.99× | 0.14× |
| 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DOCPATH
| Q4 25 | $1.3B | $28.3M | ||
| Q3 25 | $315.0M | $41.6M | ||
| Q2 25 | $363.5M | $119.0M | ||
| Q1 25 | $279.4M | $146.1M | ||
| Q4 24 | $1.1B | $28.1M | ||
| Q3 24 | $318.2M | $46.4M | ||
| Q2 24 | $316.2M | $100.0M | ||
| Q1 24 | $152.6M | $145.6M |
自由现金流DOCPATH
| Q4 25 | $357.0M | $25.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $106.2M | ||
| Q1 25 | — | $138.7M | ||
| Q4 24 | $333.7M | $23.2M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $98.8M | ||
| Q1 24 | — | $141.8M |
自由现金流率DOCPATH
| Q4 25 | 49.6% | 6.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | 47.8% | 6.5% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 29.5% | ||
| Q1 24 | — | 35.0% |
资本支出强度DOCPATH
| Q4 25 | 124.4% | 0.8% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 105.6% | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.9% |
现金转化率DOCPATH
| Q4 25 | 10.99× | 0.14× | ||
| Q3 25 | — | 26.25× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | 2.82× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | — | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | 22.85× | 4.29× |
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
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
