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Healthpeak Properties（DOC）与SM Energy Co（SM）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SM Energy Co的1.0倍（$719.4M vs $704.9M），Healthpeak Properties同比增速更快（3.1% vs -17.3%），过去两年SM Energy Co的营收复合增速更高（12.2% 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。
SM能源公司是一家专注于油气勘探开发的能源企业，注册地位于美国特拉华州，总部设立在科罗拉多州丹佛市，业务围绕 hydrocarbon 资源的勘探布局，在能源勘探领域拥有成熟的运营经验。
DOC vs SM — 直观对比
营收规模更大
DOC
是对方的1.0倍
$704.9M
营收增速更快
DOC
高出20.3%
-17.3%
两年增速更快
SM
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $704.9M |
| 净利润 | $114.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 25.9% |
| 净利率 | 73.2% | — |
| 营收同比 | 3.1% | -17.3% |
| 净利润同比 | 2406.4% | — |
| 每股收益（稀释后） | $0.16 | $0.94 |
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DOCSM
| Q4 25 | $719.4M | $704.9M | ||
| Q3 25 | $705.9M | $811.6M | ||
| Q2 25 | $694.3M | $792.9M | ||
| Q1 25 | $702.9M | $844.5M | ||
| Q4 24 | $698.0M | $852.0M | ||
| Q3 24 | $700.4M | $643.6M | ||
| Q2 24 | $695.5M | $634.6M | ||
| Q1 24 | $606.6M | $559.9M |
净利润DOCSM
| Q4 25 | $114.0M | — | ||
| Q3 25 | $-117.1M | $155.1M | ||
| Q2 25 | $31.7M | $201.7M | ||
| Q1 25 | $42.8M | $182.3M | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $85.9M | $240.5M | ||
| Q2 24 | $146.0M | $210.3M | ||
| Q1 24 | $6.7M | $131.2M |
毛利率DOCSM
| 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% | — | ||
| Q1 24 | 59.8% | — |
营业利润率DOCSM
| Q4 25 | 17.4% | 25.9% | ||
| Q3 25 | 9.2% | 30.4% | ||
| Q2 25 | 5.7% | 37.2% | ||
| Q1 25 | 7.7% | 32.7% | ||
| Q4 24 | -2.2% | 33.7% | ||
| Q3 24 | 14.1% | 51.4% | ||
| Q2 24 | 22.3% | 44.0% | ||
| Q1 24 | 3.7% | 31.9% |
净利率DOCSM
| Q4 25 | 73.2% | — | ||
| Q3 25 | -16.6% | 19.1% | ||
| Q2 25 | 4.6% | 25.4% | ||
| Q1 25 | 6.1% | 21.6% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 12.3% | 37.4% | ||
| Q2 24 | 21.0% | 33.1% | ||
| Q1 24 | 1.1% | 23.4% |
每股收益（稀释后）DOCSM
| Q4 25 | $0.16 | $0.94 | ||
| Q3 25 | $-0.17 | $1.35 | ||
| Q2 25 | $0.05 | $1.76 | ||
| Q1 25 | $0.06 | $1.59 | ||
| Q4 24 | $0.02 | $1.63 | ||
| Q3 24 | $0.12 | $2.09 | ||
| Q2 24 | $0.21 | $1.82 | ||
| Q1 24 | $0.01 | $1.13 |
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 | $368.0M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $4.8B |
| 总资产 | $20.3B | $9.3B |
| 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DOCSM
| Q4 25 | $467.5M | $368.0M | ||
| Q3 25 | $91.0M | $162.3M | ||
| Q2 25 | $89.4M | $101.9M | ||
| Q1 25 | $70.6M | $54.0K | ||
| Q4 24 | $119.8M | — | ||
| Q3 24 | $180.4M | $1.7B | ||
| Q2 24 | $106.9M | $487.9M | ||
| Q1 24 | $101.8M | $506.3M |
总债务DOCSM
| 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DOCSM
| Q4 25 | $7.5B | $4.8B | ||
| Q3 25 | $7.6B | $4.7B | ||
| Q2 25 | $7.9B | $4.6B | ||
| Q1 25 | $8.2B | $4.4B | ||
| Q4 24 | $8.4B | $4.2B | ||
| Q3 24 | $8.6B | $4.1B | ||
| Q2 24 | $8.8B | $3.8B | ||
| Q1 24 | $8.9B | $3.7B |
总资产DOCSM
| Q4 25 | $20.3B | $9.3B | ||
| Q3 25 | $19.6B | $9.1B | ||
| Q2 25 | $19.8B | $9.0B | ||
| Q1 25 | $19.8B | $8.8B | ||
| Q4 24 | $19.9B | $8.6B | ||
| Q3 24 | $20.0B | $8.0B | ||
| Q2 24 | $20.2B | $6.7B | ||
| Q1 24 | $20.5B | $6.4B |
负债/权益比DOCSM
| 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 | $451.9M |
| 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DOCSM
| Q4 25 | $1.3B | $451.9M | ||
| Q3 25 | $315.0M | $505.0M | ||
| Q2 25 | $363.5M | $571.1M | ||
| Q1 25 | $279.4M | $483.0M | ||
| Q4 24 | $1.1B | $578.4M | ||
| Q3 24 | $318.2M | $452.3M | ||
| Q2 24 | $316.2M | $476.4M | ||
| Q1 24 | $152.6M | $276.0M |
自由现金流DOCSM
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DOCSM
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DOCSM
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率DOCSM
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 3.26× | ||
| Q2 25 | 11.48× | 2.83× | ||
| Q1 25 | 6.52× | 2.65× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 1.88× | ||
| Q2 24 | 2.17× | 2.27× | ||
| Q1 24 | 22.85× | 2.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
