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Healthpeak Properties（DOC）与Stagwell Inc（STGW）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Stagwell Inc的1.0倍（$719.4M vs $704.1M），Healthpeak Properties净利率更高（73.2% vs -2.0%，领先75.2%），Stagwell Inc同比增速更快（8.0% vs 3.1%），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 2.4%）
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。
Stagwell Inc是一家全球营销传播集团，由马克·佩恩于2015年创立，前身为Stagwell Group。2020年集团宣布计划与关联企业MDC Partners合并，该合并交易于2021年8月正式完成，目前业务覆盖全球多个市场，为客户提供整合营销、品牌传播等专业服务。
DOC vs STGW — 直观对比
营收规模更大
DOC
是对方的1.0倍
$704.1M
营收增速更快
STGW
高出5.0%
3.1%
净利率更高
DOC
高出75.2%
-2.0%
两年增速更快
DOC
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $704.1M |
| 净利润 | $114.0M | $-13.9M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 1.4% |
| 净利率 | 73.2% | -2.0% |
| 营收同比 | 3.1% | 8.0% |
| 净利润同比 | 2406.4% | -344.7% |
| 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DOCSTGW
| Q1 26 | — | $704.1M | ||
| Q4 25 | $719.4M | $807.4M | ||
| Q3 25 | $705.9M | $743.0M | ||
| Q2 25 | $694.3M | $706.8M | ||
| Q1 25 | $702.9M | $651.7M | ||
| Q4 24 | $698.0M | $788.7M | ||
| Q3 24 | $700.4M | $711.3M | ||
| Q2 24 | $695.5M | $671.2M |
净利润DOCSTGW
| Q1 26 | — | $-13.9M | ||
| Q4 25 | $114.0M | $12.7M | ||
| Q3 25 | $-117.1M | $24.6M | ||
| Q2 25 | $31.7M | $-5.3M | ||
| Q1 25 | $42.8M | $-2.9M | ||
| Q4 24 | $4.5M | $3.2M | ||
| Q3 24 | $85.9M | $3.3M | ||
| Q2 24 | $146.0M | $-3.0M |
毛利率DOCSTGW
| Q1 26 | — | — | ||
| Q4 25 | — | 37.6% | ||
| Q3 25 | 58.6% | 36.6% | ||
| Q2 25 | 60.2% | 35.0% | ||
| Q1 25 | 61.1% | 36.8% | ||
| Q4 24 | 60.3% | 36.3% | ||
| Q3 24 | 60.0% | 35.7% | ||
| Q2 24 | 60.6% | 34.6% |
营业利润率DOCSTGW
| Q1 26 | — | 1.4% | ||
| Q4 25 | 17.4% | 7.0% | ||
| Q3 25 | 9.2% | 8.2% | ||
| Q2 25 | 5.7% | 3.3% | ||
| Q1 25 | 7.7% | 2.8% | ||
| Q4 24 | -2.2% | 5.5% | ||
| Q3 24 | 14.1% | 5.9% | ||
| Q2 24 | 22.3% | 3.3% |
净利率DOCSTGW
| Q1 26 | — | -2.0% | ||
| Q4 25 | 73.2% | 1.6% | ||
| Q3 25 | -16.6% | 3.3% | ||
| Q2 25 | 4.6% | -0.7% | ||
| Q1 25 | 6.1% | -0.4% | ||
| Q4 24 | 0.7% | 0.4% | ||
| Q3 24 | 12.3% | 0.5% | ||
| Q2 24 | 21.0% | -0.4% |
每股收益（稀释后）DOCSTGW
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.17 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $0.12 | — | ||
| Q2 24 | $0.21 | — |
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 | $114.9M |
| 总债务越低越好 | $9.8B | $1.4B |
| 股东权益账面价值 | $7.5B | $722.5M |
| 总资产 | $20.3B | $4.2B |
| 负债/权益比越低杠杆越低 | 1.31× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资DOCSTGW
| Q1 26 | — | $114.9M | ||
| Q4 25 | $467.5M | $104.5M | ||
| Q3 25 | $91.0M | $132.2M | ||
| Q2 25 | $89.4M | $181.3M | ||
| Q1 25 | $70.6M | $137.7M | ||
| Q4 24 | $119.8M | $131.3M | ||
| Q3 24 | $180.4M | $145.8M | ||
| Q2 24 | $106.9M | $136.1M |
总债务DOCSTGW
| Q1 26 | — | $1.4B | ||
| Q4 25 | $9.8B | $1.3B | ||
| Q3 25 | $9.1B | $1.5B | ||
| Q2 25 | $9.0B | $1.5B | ||
| Q1 25 | $8.9B | $1.5B | ||
| Q4 24 | $8.7B | $1.4B | ||
| Q3 24 | $8.6B | $1.5B | ||
| Q2 24 | $8.6B | $1.4B |
股东权益DOCSTGW
| Q1 26 | — | $722.5M | ||
| Q4 25 | $7.5B | $758.4M | ||
| Q3 25 | $7.6B | $749.0M | ||
| Q2 25 | $7.9B | $750.1M | ||
| Q1 25 | $8.2B | $334.4M | ||
| Q4 24 | $8.4B | $331.7M | ||
| Q3 24 | $8.6B | $286.4M | ||
| Q2 24 | $8.8B | $291.6M |
总资产DOCSTGW
| Q1 26 | — | $4.2B | ||
| Q4 25 | $20.3B | $4.2B | ||
| Q3 25 | $19.6B | $4.3B | ||
| Q2 25 | $19.8B | $4.3B | ||
| Q1 25 | $19.8B | $4.0B | ||
| Q4 24 | $19.9B | $3.9B | ||
| Q3 24 | $20.0B | $3.8B | ||
| Q2 24 | $20.2B | $3.8B |
负债/权益比DOCSTGW
| Q1 26 | — | 1.99× | ||
| Q4 25 | 1.31× | 1.75× | ||
| Q3 25 | 1.20× | 2.04× | ||
| Q2 25 | 1.14× | 1.95× | ||
| Q1 25 | 1.08× | 4.38× | ||
| Q4 24 | 1.04× | 4.08× | ||
| Q3 24 | 1.00× | 5.11× | ||
| Q2 24 | 0.98× | 4.88× |
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 | $-26.5M |
| 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% | 1.5% |
| 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DOCSTGW
| Q1 26 | — | $-26.5M | ||
| Q4 25 | $1.3B | $260.3M | ||
| Q3 25 | $315.0M | $-24.0M | ||
| Q2 25 | $363.5M | $114.8M | ||
| Q1 25 | $279.4M | $-60.0M | ||
| Q4 24 | $1.1B | $212.1M | ||
| Q3 24 | $318.2M | $-1.6M | ||
| Q2 24 | $316.2M | $-14.5M |
自由现金流DOCSTGW
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $242.9M | ||
| Q3 25 | — | $-38.8M | ||
| Q2 25 | — | $107.1M | ||
| Q1 25 | — | $-63.9M | ||
| Q4 24 | $333.7M | $209.9M | ||
| Q3 24 | — | $-4.3M | ||
| Q2 24 | — | $-23.0M |
自由现金流率DOCSTGW
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | 30.1% | ||
| Q3 25 | — | -5.2% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | -9.8% | ||
| Q4 24 | 47.8% | 26.6% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | -3.4% |
资本支出强度DOCSTGW
| Q1 26 | — | 1.5% | ||
| Q4 25 | 124.4% | 2.2% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 105.6% | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 1.3% |
现金转化率DOCSTGW
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | 20.56× | ||
| Q3 25 | — | -0.98× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | 65.56× | ||
| Q3 24 | 3.71× | -0.49× | ||
| Q2 24 | 2.17× | — |
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
STGW
| Net | $585.0M | 83% |
| Digital Transformation Net | $97.0M | 14% |
| Other | $22.1M | 3% |
