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Healthpeak Properties（DOC）与SiriusPoint Ltd（SPNT）财务数据对比。点击上方公司名可切换其他公司
SiriusPoint Ltd的季度营收约是Healthpeak Properties的1.4倍（$973.7M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 25.1%，领先48.1%），SiriusPoint Ltd同比增速更快（58.9% vs 3.1%），过去两年SiriusPoint Ltd的营收复合增速更高（19.2% 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。
SiriusPoint Ltd是一家总部位于百慕大彭布罗克的全球特种保险及再保险服务商，提供财产险、意外险、特种险种保障及另类资本解决方案，服务覆盖北美、欧洲、亚太等市场的商业客户与风险承担方，注重严谨核保与稳定的风险调整收益。
DOC vs SPNT — 直观对比
营收规模更大
SPNT
是对方的1.4倍
$719.4M
营收增速更快
SPNT
高出55.8%
3.1%
净利率更高
DOC
高出48.1%
25.1%
两年增速更快
SPNT
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $973.7M |
| 净利润 | $114.0M | $244.1M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 28.8% |
| 净利率 | 73.2% | 25.1% |
| 营收同比 | 3.1% | 58.9% |
| 净利润同比 | 2406.4% | 1535.9% |
| 每股收益（稀释后） | $0.16 | $1.92 |
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DOCSPNT
| Q4 25 | $719.4M | $973.7M | ||
| Q3 25 | $705.9M | $755.9M | ||
| Q2 25 | $694.3M | $748.2M | ||
| Q1 25 | $702.9M | $727.3M | ||
| Q4 24 | $698.0M | $612.8M | ||
| Q3 24 | $700.4M | $562.2M | ||
| Q2 24 | $695.5M | $743.3M | ||
| Q1 24 | $606.6M | $685.5M |
净利润DOCSPNT
| Q4 25 | $114.0M | $244.1M | ||
| Q3 25 | $-117.1M | $90.8M | ||
| Q2 25 | $31.7M | $63.2M | ||
| Q1 25 | $42.8M | $61.6M | ||
| Q4 24 | $4.5M | $-17.0M | ||
| Q3 24 | $85.9M | $8.5M | ||
| Q2 24 | $146.0M | $113.9M | ||
| Q1 24 | $6.7M | $94.8M |
毛利率DOCSPNT
| 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DOCSPNT
| Q4 25 | 17.4% | 28.8% | ||
| Q3 25 | 9.2% | 14.7% | ||
| Q2 25 | 5.7% | 10.0% | ||
| Q1 25 | 7.7% | 10.4% | ||
| Q4 24 | -2.2% | -2.1% | ||
| Q3 24 | 14.1% | 2.0% | ||
| Q2 24 | 22.3% | 17.4% | ||
| Q1 24 | 3.7% | 15.4% |
净利率DOCSPNT
| Q4 25 | 73.2% | 25.1% | ||
| Q3 25 | -16.6% | 12.0% | ||
| Q2 25 | 4.6% | 8.4% | ||
| Q1 25 | 6.1% | 8.5% | ||
| Q4 24 | 0.7% | -2.8% | ||
| Q3 24 | 12.3% | 1.5% | ||
| Q2 24 | 21.0% | 15.3% | ||
| Q1 24 | 1.1% | 13.8% |
每股收益（稀释后）DOCSPNT
| Q4 25 | $0.16 | $1.92 | ||
| Q3 25 | $-0.17 | $0.73 | ||
| Q2 25 | $0.05 | $0.50 | ||
| Q1 25 | $0.06 | $0.49 | ||
| Q4 24 | $0.02 | $-0.05 | ||
| Q3 24 | $0.12 | $0.03 | ||
| Q2 24 | $0.21 | $0.57 | ||
| Q1 24 | $0.01 | $0.49 |
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 | $731.2M |
| 总债务越低越好 | $9.8B | $688.6M |
| 股东权益账面价值 | $7.5B | $2.5B |
| 总资产 | $20.3B | $12.6B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资DOCSPNT
| Q4 25 | $467.5M | $731.2M | ||
| Q3 25 | $91.0M | $582.4M | ||
| Q2 25 | $89.4M | $732.4M | ||
| Q1 25 | $70.6M | $740.3M | ||
| Q4 24 | $119.8M | $682.0M | ||
| Q3 24 | $180.4M | $640.7M | ||
| Q2 24 | $106.9M | $598.1M | ||
| Q1 24 | $101.8M | $867.5M |
总债务DOCSPNT
| Q4 25 | $9.8B | $688.6M | ||
| Q3 25 | $9.1B | $682.5M | ||
| Q2 25 | $9.0B | $678.4M | ||
| Q1 25 | $8.9B | $663.5M | ||
| Q4 24 | $8.7B | $639.1M | ||
| Q3 24 | $8.6B | $660.5M | ||
| Q2 24 | $8.6B | $648.6M | ||
| Q1 24 | $8.8B | $770.6M |
股东权益DOCSPNT
| Q4 25 | $7.5B | $2.5B | ||
| Q3 25 | $7.6B | $2.2B | ||
| Q2 25 | $7.9B | $2.1B | ||
| Q1 25 | $8.2B | $2.0B | ||
| Q4 24 | $8.4B | $1.9B | ||
| Q3 24 | $8.6B | $2.7B | ||
| Q2 24 | $8.8B | $2.7B | ||
| Q1 24 | $8.9B | $2.6B |
总资产DOCSPNT
| Q4 25 | $20.3B | $12.6B | ||
| Q3 25 | $19.6B | $12.5B | ||
| Q2 25 | $19.8B | $12.4B | ||
| Q1 25 | $19.8B | $12.3B | ||
| Q4 24 | $19.9B | $12.5B | ||
| Q3 24 | $20.0B | $12.7B | ||
| Q2 24 | $20.2B | $12.8B | ||
| Q1 24 | $20.5B | $13.1B |
负债/权益比DOCSPNT
| Q4 25 | 1.31× | 0.28× | ||
| Q3 25 | 1.20× | 0.31× | ||
| Q2 25 | 1.14× | 0.32× | ||
| Q1 25 | 1.08× | 0.33× | ||
| Q4 24 | 1.04× | 0.33× | ||
| Q3 24 | 1.00× | 0.25× | ||
| Q2 24 | 0.98× | 0.24× | ||
| Q1 24 | 0.99× | 0.30× |
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 | $-26.4M |
| 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× | -0.11× |
| 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DOCSPNT
| Q4 25 | $1.3B | $-26.4M | ||
| Q3 25 | $315.0M | $155.6M | ||
| Q2 25 | $363.5M | $62.1M | ||
| Q1 25 | $279.4M | $-88.9M | ||
| Q4 24 | $1.1B | $107.7M | ||
| Q3 24 | $318.2M | $58.1M | ||
| Q2 24 | $316.2M | $-149.9M | ||
| Q1 24 | $152.6M | $58.8M |
自由现金流DOCSPNT
| 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DOCSPNT
| 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DOCSPNT
| 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DOCSPNT
| Q4 25 | 10.99× | -0.11× | ||
| Q3 25 | — | 1.71× | ||
| Q2 25 | 11.48× | 0.98× | ||
| Q1 25 | 6.52× | -1.44× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 6.84× | ||
| Q2 24 | 2.17× | -1.32× | ||
| Q1 24 | 22.85× | 0.62× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
