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Healthpeak Properties（DOC）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是Healthpeak Properties的1.8倍（$1.3B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 21.0%，领先52.2%），PINTEREST, INC.同比增速更快（14.3% vs 3.1%），PINTEREST, INC.自由现金流更多（$380.4M vs $357.0M），过去两年PINTEREST, INC.的营收复合增速更高（33.5% 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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
DOC vs PINS — 直观对比
营收规模更大
PINS
是对方的1.8倍
$719.4M
营收增速更快
PINS
高出11.2%
3.1%
净利率更高
DOC
高出52.2%
21.0%
自由现金流更多
PINS
多$23.4M
$357.0M
两年增速更快
PINS
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $1.3B |
| 净利润 | $114.0M | $277.1M |
| 毛利率 | — | 82.8% |
| 营业利润率 | 17.4% | 22.8% |
| 净利率 | 73.2% | 21.0% |
| 营收同比 | 3.1% | 14.3% |
| 净利润同比 | 2406.4% | -85.0% |
| 每股收益（稀释后） | $0.16 | $0.41 |
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DOCPINS
| Q4 25 | $719.4M | $1.3B | ||
| Q3 25 | $705.9M | $1.0B | ||
| Q2 25 | $694.3M | $998.2M | ||
| Q1 25 | $702.9M | $855.0M | ||
| Q4 24 | $698.0M | $1.2B | ||
| Q3 24 | $700.4M | $898.4M | ||
| Q2 24 | $695.5M | $853.7M | ||
| Q1 24 | $606.6M | $740.0M |
净利润DOCPINS
| Q4 25 | $114.0M | $277.1M | ||
| Q3 25 | $-117.1M | $92.1M | ||
| Q2 25 | $31.7M | $38.8M | ||
| Q1 25 | $42.8M | $8.9M | ||
| Q4 24 | $4.5M | $1.8B | ||
| Q3 24 | $85.9M | $30.6M | ||
| Q2 24 | $146.0M | $8.9M | ||
| Q1 24 | $6.7M | $-24.8M |
毛利率DOCPINS
| Q4 25 | — | 82.8% | ||
| Q3 25 | 58.6% | 79.8% | ||
| Q2 25 | 60.2% | 79.7% | ||
| Q1 25 | 61.1% | 76.7% | ||
| Q4 24 | 60.3% | 82.9% | ||
| Q3 24 | 60.0% | 79.1% | ||
| Q2 24 | 60.6% | 78.3% | ||
| Q1 24 | 59.8% | 75.5% |
营业利润率DOCPINS
| Q4 25 | 17.4% | 22.8% | ||
| Q3 25 | 9.2% | 5.6% | ||
| Q2 25 | 5.7% | -0.4% | ||
| Q1 25 | 7.7% | -4.1% | ||
| Q4 24 | -2.2% | 22.7% | ||
| Q3 24 | 14.1% | -0.7% | ||
| Q2 24 | 22.3% | -2.5% | ||
| Q1 24 | 3.7% | -7.4% |
净利率DOCPINS
| Q4 25 | 73.2% | 21.0% | ||
| Q3 25 | -16.6% | 8.8% | ||
| Q2 25 | 4.6% | 3.9% | ||
| Q1 25 | 6.1% | 1.0% | ||
| Q4 24 | 0.7% | 160.1% | ||
| Q3 24 | 12.3% | 3.4% | ||
| Q2 24 | 21.0% | 1.0% | ||
| Q1 24 | 1.1% | -3.4% |
每股收益（稀释后）DOCPINS
| Q4 25 | $0.16 | $0.41 | ||
| Q3 25 | $-0.17 | $0.13 | ||
| Q2 25 | $0.05 | $0.06 | ||
| Q1 25 | $0.06 | $0.01 | ||
| Q4 24 | $0.02 | $2.66 | ||
| Q3 24 | $0.12 | $0.04 | ||
| Q2 24 | $0.21 | $0.01 | ||
| Q1 24 | $0.01 | $-0.04 |
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 | $969.3M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $4.7B |
| 总资产 | $20.3B | $5.5B |
| 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DOCPINS
| Q4 25 | $467.5M | $969.3M | ||
| Q3 25 | $91.0M | $1.1B | ||
| Q2 25 | $89.4M | $1.2B | ||
| Q1 25 | $70.6M | $1.3B | ||
| Q4 24 | $119.8M | $1.1B | ||
| Q3 24 | $180.4M | $1.0B | ||
| Q2 24 | $106.9M | $1.4B | ||
| Q1 24 | $101.8M | $1.6B |
总债务DOCPINS
| 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DOCPINS
| Q4 25 | $7.5B | $4.7B | ||
| Q3 25 | $7.6B | $4.8B | ||
| Q2 25 | $7.9B | $4.8B | ||
| Q1 25 | $8.2B | $4.7B | ||
| Q4 24 | $8.4B | $4.8B | ||
| Q3 24 | $8.6B | $2.9B | ||
| Q2 24 | $8.8B | $3.2B | ||
| Q1 24 | $8.9B | $3.1B |
总资产DOCPINS
| Q4 25 | $20.3B | $5.5B | ||
| Q3 25 | $19.6B | $5.5B | ||
| Q2 25 | $19.8B | $5.4B | ||
| Q1 25 | $19.8B | $5.3B | ||
| Q4 24 | $19.9B | $5.3B | ||
| Q3 24 | $20.0B | $3.5B | ||
| Q2 24 | $20.2B | $3.7B | ||
| Q1 24 | $20.5B | $3.7B |
负债/权益比DOCPINS
| 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 | $391.2M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $380.4M |
| 自由现金流率自由现金流/营收 | 49.6% | 28.8% |
| 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× | 1.41× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流DOCPINS
| Q4 25 | $1.3B | $391.2M | ||
| Q3 25 | $315.0M | $321.7M | ||
| Q2 25 | $363.5M | $207.7M | ||
| Q1 25 | $279.4M | $363.7M | ||
| Q4 24 | $1.1B | $254.0M | ||
| Q3 24 | $318.2M | $248.0M | ||
| Q2 24 | $316.2M | $106.4M | ||
| Q1 24 | $152.6M | $356.1M |
自由现金流DOCPINS
| Q4 25 | $357.0M | $380.4M | ||
| Q3 25 | — | $318.4M | ||
| Q2 25 | — | $196.7M | ||
| Q1 25 | — | $356.4M | ||
| Q4 24 | $333.7M | $250.2M | ||
| Q3 24 | — | $244.1M | ||
| Q2 24 | — | $101.6M | ||
| Q1 24 | — | $344.0M |
自由现金流率DOCPINS
| Q4 25 | 49.6% | 28.8% | ||
| Q3 25 | — | 30.3% | ||
| Q2 25 | — | 19.7% | ||
| Q1 25 | — | 41.7% | ||
| Q4 24 | 47.8% | 21.7% | ||
| Q3 24 | — | 27.2% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 46.5% |
资本支出强度DOCPINS
| Q4 25 | 124.4% | 0.8% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | 105.6% | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 1.6% |
现金转化率DOCPINS
| Q4 25 | 10.99× | 1.41× | ||
| Q3 25 | — | 3.49× | ||
| Q2 25 | 11.48× | 5.36× | ||
| Q1 25 | 6.52× | 40.77× | ||
| Q4 24 | 235.43× | 0.14× | ||
| Q3 24 | 3.71× | 8.12× | ||
| Q2 24 | 2.17× | 11.98× | ||
| Q1 24 | 22.85× | — |
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
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
