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Healthpeak Properties（DOC）与Sally Beauty Holdings, Inc.（SBH）财务数据对比。点击上方公司名可切换其他公司
Sally Beauty Holdings, Inc.的季度营收约是Healthpeak Properties的1.3倍（$943.2M vs $702.9M），Healthpeak Properties净利率更高（51.6% vs 4.8%，领先46.8%），Sally Beauty Holdings, Inc.同比增速更快（0.6% vs -6.6%），过去两年Sally Beauty Holdings, Inc.的营收复合增速更高（1.9% vs 0.5%）
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。
莎莉美容控股是美国的跨国专业美妆用品零售及分销商，主营专业级美容相关产品供应，年营收超39亿美元，业务覆盖全球多个市场，在专业美容供应链领域拥有较高的行业知名度。
DOC vs SBH — 直观对比
营收规模更大
SBH
是对方的1.3倍
$702.9M
营收增速更快
SBH
高出7.2%
-6.6%
净利率更高
DOC
高出46.8%
4.8%
两年增速更快
SBH
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $702.9M | $943.2M |
| 净利润 | $363.0M | $45.6M |
| 毛利率 | — | 51.2% |
| 营业利润率 | 0.7% | 8.1% |
| 净利率 | 51.6% | 4.8% |
| 营收同比 | -6.6% | 0.6% |
| 净利润同比 | 28.3% | -25.3% |
| 每股收益（稀释后） | $0.28 | $0.45 |
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DOCSBH
| Q1 26 | $702.9M | — | ||
| Q4 25 | $719.4M | $943.2M | ||
| Q3 25 | $705.9M | $947.1M | ||
| Q2 25 | $694.3M | $933.3M | ||
| Q1 25 | $702.9M | $883.1M | ||
| Q4 24 | $698.0M | $937.9M | ||
| Q3 24 | $700.4M | $935.0M | ||
| Q2 24 | $695.5M | $942.3M |
净利润DOCSBH
| Q1 26 | $363.0M | — | ||
| Q4 25 | $114.0M | $45.6M | ||
| Q3 25 | $-117.1M | $49.9M | ||
| Q2 25 | $31.7M | $45.7M | ||
| Q1 25 | $42.8M | $39.2M | ||
| Q4 24 | $4.5M | $61.0M | ||
| Q3 24 | $85.9M | $48.1M | ||
| Q2 24 | $146.0M | $37.7M |
毛利率DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | — | 51.2% | ||
| Q3 25 | 58.6% | 52.2% | ||
| Q2 25 | 60.2% | 51.5% | ||
| Q1 25 | 61.1% | 52.0% | ||
| Q4 24 | 60.3% | 50.8% | ||
| Q3 24 | 60.0% | 51.2% | ||
| Q2 24 | 60.6% | 51.0% |
营业利润率DOCSBH
| Q1 26 | 0.7% | — | ||
| Q4 25 | 17.4% | 8.1% | ||
| Q3 25 | 9.2% | 8.4% | ||
| Q2 25 | 5.7% | 8.4% | ||
| Q1 25 | 7.7% | 7.9% | ||
| Q4 24 | -2.2% | 10.7% | ||
| Q3 24 | 14.1% | 8.8% | ||
| Q2 24 | 22.3% | 7.6% |
净利率DOCSBH
| Q1 26 | 51.6% | — | ||
| Q4 25 | 73.2% | 4.8% | ||
| Q3 25 | -16.6% | 5.3% | ||
| Q2 25 | 4.6% | 4.9% | ||
| Q1 25 | 6.1% | 4.4% | ||
| Q4 24 | 0.7% | 6.5% | ||
| Q3 24 | 12.3% | 5.1% | ||
| Q2 24 | 21.0% | 4.0% |
每股收益（稀释后）DOCSBH
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.16 | $0.45 | ||
| Q3 25 | $-0.17 | $0.49 | ||
| Q2 25 | $0.05 | $0.44 | ||
| Q1 25 | $0.06 | $0.38 | ||
| Q4 24 | $0.02 | $0.58 | ||
| Q3 24 | $0.12 | $0.45 | ||
| Q2 24 | $0.21 | $0.36 |
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 | $-1.2B | $157.2M |
| 总债务越低越好 | — | $842.5M |
| 股东权益账面价值 | $7.8B | $823.6M |
| 总资产 | $21.6B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资DOCSBH
| Q1 26 | $-1.2B | — | ||
| Q4 25 | $467.5M | $157.2M | ||
| Q3 25 | $91.0M | $149.2M | ||
| Q2 25 | $89.4M | $112.8M | ||
| Q1 25 | $70.6M | $92.2M | ||
| Q4 24 | $119.8M | $105.5M | ||
| Q3 24 | $180.4M | $108.0M | ||
| Q2 24 | $106.9M | $97.4M |
总债务DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $842.5M | ||
| Q3 25 | $9.1B | $862.0M | ||
| Q2 25 | $9.0B | $882.4M | ||
| Q1 25 | $8.9B | $902.8M | ||
| Q4 24 | $8.7B | $938.1M | ||
| Q3 24 | $8.6B | $978.3M | ||
| Q2 24 | $8.6B | $978.9M |
股东权益DOCSBH
| Q1 26 | $7.8B | — | ||
| Q4 25 | $7.5B | $823.6M | ||
| Q3 25 | $7.6B | $794.2M | ||
| Q2 25 | $7.9B | $762.9M | ||
| Q1 25 | $8.2B | $699.8M | ||
| Q4 24 | $8.4B | $656.5M | ||
| Q3 24 | $8.6B | $628.5M | ||
| Q2 24 | $8.8B | $577.7M |
总资产DOCSBH
| Q1 26 | $21.6B | — | ||
| Q4 25 | $20.3B | $2.9B | ||
| Q3 25 | $19.6B | $2.9B | ||
| Q2 25 | $19.8B | $2.7B | ||
| Q1 25 | $19.8B | $2.7B | ||
| Q4 24 | $19.9B | $2.7B | ||
| Q3 24 | $20.0B | $2.8B | ||
| Q2 24 | $20.2B | $2.7B |
负债/权益比DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 1.02× | ||
| Q3 25 | 1.20× | 1.09× | ||
| Q2 25 | 1.14× | 1.16× | ||
| Q1 25 | 1.08× | 1.29× | ||
| Q4 24 | 1.04× | 1.43× | ||
| Q3 24 | 1.00× | 1.56× | ||
| Q2 24 | 0.98× | 1.69× |
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 | — | $93.2M |
| 自由现金流经营现金流 - 资本支出 | — | $57.5M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | 3.4% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 2.05× |
| 过去12个月自由现金流最近4个季度 | — | $216.8M |
8季度趋势，按日历期对齐
经营现金流DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $93.2M | ||
| Q3 25 | $315.0M | $120.9M | ||
| Q2 25 | $363.5M | $69.4M | ||
| Q1 25 | $279.4M | $51.1M | ||
| Q4 24 | $1.1B | $33.5M | ||
| Q3 24 | $318.2M | $110.7M | ||
| Q2 24 | $316.2M | $47.9M |
自由现金流DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $57.5M | ||
| Q3 25 | — | $78.0M | ||
| Q2 25 | — | $49.1M | ||
| Q1 25 | — | $32.2M | ||
| Q4 24 | $333.7M | $13.4M | ||
| Q3 24 | — | $73.3M | ||
| Q2 24 | — | $28.7M |
自由现金流率DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | 6.1% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | 47.8% | 1.4% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 3.1% |
资本支出强度DOCSBH
| Q1 26 | 3.4% | — | ||
| Q4 25 | 124.4% | 3.8% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | 105.6% | 2.1% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 2.0% |
现金转化率DOCSBH
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | 2.05× | ||
| Q3 25 | — | 2.42× | ||
| Q2 25 | 11.48× | 1.52× | ||
| Q1 25 | 6.52× | 1.30× | ||
| Q4 24 | 235.43× | 0.55× | ||
| Q3 24 | 3.71× | 2.30× | ||
| Q2 24 | 2.17× | 1.27× |
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
| Outpatient Medical | $320.5M | 46% |
| Lab | $217.6M | 31% |
| Senior Housing | $148.9M | 21% |
| Other | $14.3M | 2% |
| Corporate Non-segment | $1.5M | 0% |
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
