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Healthpeak Properties（DOC）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是Healthpeak Properties的1.2倍（$828.2M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 13.2%，领先60.0%），Rithm Capital Corp.同比增速更快（508.5% vs 3.1%），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
DOC vs RITM — 直观对比
营收规模更大
RITM
是对方的1.2倍
$719.4M
营收增速更快
RITM
高出505.4%
3.1%
净利率更高
DOC
高出60.0%
13.2%
两年增速更快
DOC
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $828.2M |
| 净利润 | $114.0M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 29.9% |
| 净利率 | 73.2% | 13.2% |
| 营收同比 | 3.1% | 508.5% |
| 净利润同比 | 2406.4% | 27.7% |
| 每股收益（稀释后） | $0.16 | $0.12 |
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DOCRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $719.4M | $1.5B | ||
| Q3 25 | $705.9M | $1.1B | ||
| Q2 25 | $694.3M | $1.2B | ||
| Q1 25 | $702.9M | $768.4M | ||
| Q4 24 | $698.0M | $2.1B | ||
| Q3 24 | $700.4M | $619.5M | ||
| Q2 24 | $695.5M | $1.2B |
净利润DOCRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $114.0M | $85.0M | ||
| Q3 25 | $-117.1M | $221.5M | ||
| Q2 25 | $31.7M | $311.7M | ||
| Q1 25 | $42.8M | $78.8M | ||
| Q4 24 | $4.5M | $290.2M | ||
| Q3 24 | $85.9M | $121.7M | ||
| Q2 24 | $146.0M | $235.6M |
毛利率DOCRITM
| 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DOCRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 17.4% | 13.8% | ||
| Q3 25 | 9.2% | 21.4% | ||
| Q2 25 | 5.7% | 25.2% | ||
| Q1 25 | 7.7% | 7.4% | ||
| Q4 24 | -2.2% | 23.8% | ||
| Q3 24 | 14.1% | 7.3% | ||
| Q2 24 | 22.3% | 23.6% |
净利率DOCRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 73.2% | 5.7% | ||
| Q3 25 | -16.6% | 20.0% | ||
| Q2 25 | 4.6% | 25.6% | ||
| Q1 25 | 6.1% | 10.3% | ||
| Q4 24 | 0.7% | 14.0% | ||
| Q3 24 | 12.3% | 19.7% | ||
| Q2 24 | 21.0% | 19.2% |
每股收益（稀释后）DOCRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.16 | $0.09 | ||
| Q3 25 | $-0.17 | $0.35 | ||
| Q2 25 | $0.05 | $0.53 | ||
| Q1 25 | $0.06 | $0.07 | ||
| Q4 24 | $0.02 | $0.50 | ||
| Q3 24 | $0.12 | $0.20 | ||
| Q2 24 | $0.21 | $0.43 |
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 | — |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $9.1B |
| 总资产 | $20.3B | $53.4B |
| 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DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | $467.5M | $1.8B | ||
| Q3 25 | $91.0M | $1.6B | ||
| Q2 25 | $89.4M | $1.6B | ||
| Q1 25 | $70.6M | $1.5B | ||
| Q4 24 | $119.8M | $1.5B | ||
| Q3 24 | $180.4M | $1.6B | ||
| Q2 24 | $106.9M | $1.2B |
总债务DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $35.4B | ||
| Q3 25 | $9.1B | $32.2B | ||
| Q2 25 | $9.0B | $31.2B | ||
| Q1 25 | $8.9B | $32.2B | ||
| Q4 24 | $8.7B | $32.6B | ||
| Q3 24 | $8.6B | $29.6B | ||
| Q2 24 | $8.6B | $30.1B |
股东权益DOCRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $7.5B | $8.4B | ||
| Q3 25 | $7.6B | $8.5B | ||
| Q2 25 | $7.9B | $7.9B | ||
| Q1 25 | $8.2B | $7.8B | ||
| Q4 24 | $8.4B | $7.8B | ||
| Q3 24 | $8.6B | $7.7B | ||
| Q2 24 | $8.8B | $7.3B |
总资产DOCRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $20.3B | $53.1B | ||
| Q3 25 | $19.6B | $47.2B | ||
| Q2 25 | $19.8B | $44.3B | ||
| Q1 25 | $19.8B | $45.3B | ||
| Q4 24 | $19.9B | $46.0B | ||
| Q3 24 | $20.0B | $42.3B | ||
| Q2 24 | $20.2B | $42.0B |
负债/权益比DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 4.20× | ||
| Q3 25 | 1.20× | 3.79× | ||
| Q2 25 | 1.14× | 3.92× | ||
| Q1 25 | 1.08× | 4.14× | ||
| Q4 24 | 1.04× | 4.18× | ||
| Q3 24 | 1.00× | 3.87× | ||
| Q2 24 | 0.98× | 4.10× |
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DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $-114.6M | ||
| Q3 25 | $315.0M | $-2.0B | ||
| Q2 25 | $363.5M | $-557.1M | ||
| Q1 25 | $279.4M | $1.4B | ||
| Q4 24 | $1.1B | $-1.8B | ||
| Q3 24 | $318.2M | $768.1M | ||
| Q2 24 | $316.2M | $-55.7M |
自由现金流DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率DOCRITM
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | 11.48× | -1.79× | ||
| Q1 25 | 6.52× | 18.03× | ||
| Q4 24 | 235.43× | -6.04× | ||
| Q3 24 | 3.71× | 6.31× | ||
| Q2 24 | 2.17× | -0.24× |
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
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
