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Healthpeak Properties（DOC）与Park Hotels & Resorts Inc.（PK）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Park Hotels & Resorts Inc.的1.1倍（$719.4M vs $630.0M），Healthpeak Properties净利率更高（73.2% vs 1.9%，领先71.3%），Healthpeak Properties同比增速更快（3.1% vs -1.3%），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -4.2%）
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。
Park Hotels & Resorts是一家总部位于美国弗吉尼亚州泰森斯的房地产投资信托（REIT），核心业务为酒店物业投资运营。该企业于2017年从希尔顿全球集团分拆成立，在酒店不动产领域拥有专业的投资与管理经验。
DOC vs PK — 直观对比
营收规模更大
DOC
是对方的1.1倍
$630.0M
营收增速更快
DOC
高出4.3%
-1.3%
净利率更高
DOC
高出71.3%
1.9%
两年增速更快
DOC
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $630.0M |
| 净利润 | $114.0M | $12.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 9.8% |
| 净利率 | 73.2% | 1.9% |
| 营收同比 | 3.1% | -1.3% |
| 净利润同比 | 2406.4% | 121.1% |
| 每股收益（稀释后） | $0.16 | $0.05 |
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DOCPK
| Q1 26 | — | $630.0M | ||
| Q4 25 | $719.4M | $629.0M | ||
| Q3 25 | $705.9M | $610.0M | ||
| Q2 25 | $694.3M | $672.0M | ||
| Q1 25 | $702.9M | $630.0M | ||
| Q4 24 | $698.0M | $625.0M | ||
| Q3 24 | $700.4M | $649.0M | ||
| Q2 24 | $695.5M | $686.0M |
净利润DOCPK
| Q1 26 | — | $12.0M | ||
| Q4 25 | $114.0M | $-205.0M | ||
| Q3 25 | $-117.1M | $-16.0M | ||
| Q2 25 | $31.7M | $-5.0M | ||
| Q1 25 | $42.8M | $-57.0M | ||
| Q4 24 | $4.5M | $66.0M | ||
| Q3 24 | $85.9M | $54.0M | ||
| Q2 24 | $146.0M | $64.0M |
毛利率DOCPK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 58.6% | — | ||
| Q2 25 | 60.2% | — | ||
| Q1 25 | 61.1% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 60.0% | — | ||
| Q2 24 | 60.6% | — |
营业利润率DOCPK
| Q1 26 | — | 9.8% | ||
| Q4 25 | 17.4% | -26.1% | ||
| Q3 25 | 9.2% | 9.7% | ||
| Q2 25 | 5.7% | 9.7% | ||
| Q1 25 | 7.7% | 1.1% | ||
| Q4 24 | -2.2% | 13.3% | ||
| Q3 24 | 14.1% | 14.6% | ||
| Q2 24 | 22.3% | 17.6% |
净利率DOCPK
| Q1 26 | — | 1.9% | ||
| Q4 25 | 73.2% | -32.6% | ||
| Q3 25 | -16.6% | -2.6% | ||
| Q2 25 | 4.6% | -0.7% | ||
| Q1 25 | 6.1% | -9.0% | ||
| Q4 24 | 0.7% | 10.6% | ||
| Q3 24 | 12.3% | 8.3% | ||
| Q2 24 | 21.0% | 9.3% |
每股收益（稀释后）DOCPK
| Q1 26 | — | $0.05 | ||
| Q4 25 | $0.16 | $-1.04 | ||
| Q3 25 | $-0.17 | $-0.08 | ||
| Q2 25 | $0.05 | $-0.02 | ||
| Q1 25 | $0.06 | $-0.29 | ||
| Q4 24 | $0.02 | $0.32 | ||
| Q3 24 | $0.12 | $0.26 | ||
| Q2 24 | $0.21 | $0.30 |
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 | $156.0M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $3.1B |
| 总资产 | $20.3B | — |
| 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DOCPK
| Q1 26 | — | $156.0M | ||
| Q4 25 | $467.5M | $232.0M | ||
| Q3 25 | $91.0M | $278.0M | ||
| Q2 25 | $89.4M | $319.0M | ||
| Q1 25 | $70.6M | $233.0M | ||
| Q4 24 | $119.8M | $402.0M | ||
| Q3 24 | $180.4M | $480.0M | ||
| Q2 24 | $106.9M | $449.0M |
总债务DOCPK
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $3.9B | ||
| Q3 25 | $9.1B | $3.9B | ||
| Q2 25 | $9.0B | $3.9B | ||
| Q1 25 | $8.9B | $3.9B | ||
| Q4 24 | $8.7B | $3.9B | ||
| Q3 24 | $8.6B | $3.9B | ||
| Q2 24 | $8.6B | $3.9B |
股东权益DOCPK
| Q1 26 | — | $3.1B | ||
| Q4 25 | $7.5B | $3.1B | ||
| Q3 25 | $7.6B | $3.4B | ||
| Q2 25 | $7.9B | $3.4B | ||
| Q1 25 | $8.2B | $3.5B | ||
| Q4 24 | $8.4B | $3.6B | ||
| Q3 24 | $8.6B | $3.8B | ||
| Q2 24 | $8.8B | $3.8B |
总资产DOCPK
| Q1 26 | — | — | ||
| Q4 25 | $20.3B | $7.7B | ||
| Q3 25 | $19.6B | $8.8B | ||
| Q2 25 | $19.8B | $8.9B | ||
| Q1 25 | $19.8B | $8.9B | ||
| Q4 24 | $19.9B | $9.2B | ||
| Q3 24 | $20.0B | $9.2B | ||
| Q2 24 | $20.2B | $9.2B |
负债/权益比DOCPK
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 1.23× | ||
| Q3 25 | 1.20× | 1.14× | ||
| Q2 25 | 1.14× | 1.12× | ||
| Q1 25 | 1.08× | 1.11× | ||
| Q4 24 | 1.04× | 1.06× | ||
| Q3 24 | 1.00× | 1.03× | ||
| Q2 24 | 0.98× | 1.03× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $357.0M | — |
| 自由现金流率自由现金流/营收 | 49.6% | — |
| 资本支出强度资本支出/营收 | 124.4% | — |
| 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DOCPK
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $105.0M | ||
| Q3 25 | $315.0M | $99.0M | ||
| Q2 25 | $363.5M | $108.0M | ||
| Q1 25 | $279.4M | $86.0M | ||
| Q4 24 | $1.1B | $80.0M | ||
| Q3 24 | $318.2M | $140.0M | ||
| Q2 24 | $316.2M | $117.0M |
自由现金流DOCPK
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $-3.0M | ||
| Q3 25 | — | $31.0M | ||
| Q2 25 | — | $65.0M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | $333.7M | $17.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $66.0M |
自由现金流率DOCPK
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | -0.5% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 47.8% | 2.7% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 9.6% |
资本支出强度DOCPK
| Q1 26 | — | — | ||
| Q4 25 | 124.4% | 17.2% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 12.2% | ||
| Q4 24 | 105.6% | 10.1% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 7.4% |
现金转化率DOCPK
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | 1.21× | ||
| Q3 24 | 3.71× | 2.59× | ||
| Q2 24 | 2.17× | 1.83× |
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
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
