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Healthpeak Properties（DOC）与Savers Value Village, Inc.（SVV）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Savers Value Village, Inc.的1.6倍（$702.9M vs $426.9M），Healthpeak Properties净利率更高（51.6% vs -3.3%，领先54.9%），Savers Value Village, Inc.同比增速更快（8.1% vs -6.6%），过去两年Savers Value Village, Inc.的营收复合增速更高（4.3% 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。
Savers Value Village是美国中西部的折扣百货连锁品牌，由原伍尔沃斯公司的亨利·霍尼创立，1961年开业，运营至1989年，业务覆盖威斯康星州、伊利诺伊州两地。霍尼同时经营房地产业务，常于折扣店旁配套建设小型购物中心。
DOC vs SVV — 直观对比
营收规模更大
DOC
是对方的1.6倍
$426.9M
营收增速更快
SVV
高出14.8%
-6.6%
净利率更高
DOC
高出54.9%
-3.3%
两年增速更快
SVV
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $702.9M | $426.9M |
| 净利润 | $363.0M | $-14.0M |
| 毛利率 | — | — |
| 营业利润率 | 0.7% | 8.5% |
| 净利率 | 51.6% | -3.3% |
| 营收同比 | -6.6% | 8.1% |
| 净利润同比 | 28.3% | -164.6% |
| 每股收益（稀释后） | $0.28 | $-0.09 |
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DOCSVV
| Q1 26 | $702.9M | — | ||
| Q4 25 | $719.4M | — | ||
| Q3 25 | $705.9M | $426.9M | ||
| Q2 25 | $694.3M | $417.2M | ||
| Q1 25 | $702.9M | $370.1M | ||
| Q4 24 | $698.0M | $402.0M | ||
| Q3 24 | $700.4M | $394.8M | ||
| Q2 24 | $695.5M | $386.7M |
净利润DOCSVV
| Q1 26 | $363.0M | — | ||
| Q4 25 | $114.0M | — | ||
| Q3 25 | $-117.1M | $-14.0M | ||
| Q2 25 | $31.7M | $18.9M | ||
| Q1 25 | $42.8M | $-4.7M | ||
| Q4 24 | $4.5M | $-1.9M | ||
| Q3 24 | $85.9M | $21.7M | ||
| Q2 24 | $146.0M | $9.7M |
毛利率DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 58.6% | — | ||
| Q2 25 | 60.2% | — | ||
| Q1 25 | 61.1% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 60.0% | 25.6% | ||
| Q2 24 | 60.6% | 26.6% |
营业利润率DOCSVV
| Q1 26 | 0.7% | — | ||
| Q4 25 | 17.4% | — | ||
| Q3 25 | 9.2% | 8.5% | ||
| Q2 25 | 5.7% | 8.2% | ||
| Q1 25 | 7.7% | 2.8% | ||
| Q4 24 | -2.2% | 8.2% | ||
| Q3 24 | 14.1% | 12.3% | ||
| Q2 24 | 22.3% | 8.3% |
净利率DOCSVV
| Q1 26 | 51.6% | — | ||
| Q4 25 | 73.2% | — | ||
| Q3 25 | -16.6% | -3.3% | ||
| Q2 25 | 4.6% | 4.5% | ||
| Q1 25 | 6.1% | -1.3% | ||
| Q4 24 | 0.7% | -0.5% | ||
| Q3 24 | 12.3% | 5.5% | ||
| Q2 24 | 21.0% | 2.5% |
每股收益（稀释后）DOCSVV
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.17 | $-0.09 | ||
| Q2 25 | $0.05 | $0.12 | ||
| Q1 25 | $0.06 | $-0.03 | ||
| Q4 24 | $0.02 | $-0.02 | ||
| Q3 24 | $0.12 | $0.13 | ||
| Q2 24 | $0.21 | $0.06 |
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 | $63.5M |
| 总债务越低越好 | — | $750.0M |
| 股东权益账面价值 | $7.8B | $414.6M |
| 总资产 | $21.6B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资DOCSVV
| Q1 26 | $-1.2B | — | ||
| Q4 25 | $467.5M | — | ||
| Q3 25 | $91.0M | $63.5M | ||
| Q2 25 | $89.4M | $70.5M | ||
| Q1 25 | $70.6M | $73.0M | ||
| Q4 24 | $119.8M | $150.0M | ||
| Q3 24 | $180.4M | $137.7M | ||
| Q2 24 | $106.9M | $160.7M |
总债务DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | — | ||
| Q3 25 | $9.1B | $750.0M | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.7B | — | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.6B | — |
股东权益DOCSVV
| Q1 26 | $7.8B | — | ||
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | $414.6M | ||
| Q2 25 | $7.9B | $423.5M | ||
| Q1 25 | $8.2B | $413.8M | ||
| Q4 24 | $8.4B | $421.7M | ||
| Q3 24 | $8.6B | $432.9M | ||
| Q2 24 | $8.8B | $419.5M |
总资产DOCSVV
| Q1 26 | $21.6B | — | ||
| Q4 25 | $20.3B | — | ||
| Q3 25 | $19.6B | $2.0B | ||
| Q2 25 | $19.8B | $1.9B | ||
| Q1 25 | $19.8B | $1.9B | ||
| Q4 24 | $19.9B | $1.9B | ||
| Q3 24 | $20.0B | $1.9B | ||
| Q2 24 | $20.2B | $1.9B |
负债/权益比DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | — | ||
| Q3 25 | 1.20× | 1.81× | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.04× | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.98× | — |
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 | — | $21.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-6.3M |
| 自由现金流率自由现金流/营收 | — | -1.5% |
| 资本支出强度资本支出/营收 | 3.4% | 6.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $25.5M |
8季度趋势，按日历期对齐
经营现金流DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $315.0M | $21.6M | ||
| Q2 25 | $363.5M | $54.4M | ||
| Q1 25 | $279.4M | $419.0K | ||
| Q4 24 | $1.1B | $55.8M | ||
| Q3 24 | $318.2M | $23.9M | ||
| Q2 24 | $316.2M | $60.4M |
自由现金流DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | $-6.3M | ||
| Q2 25 | — | $21.9M | ||
| Q1 25 | — | $-20.2M | ||
| Q4 24 | $333.7M | $30.1M | ||
| Q3 24 | — | $-3.0M | ||
| Q2 24 | — | $29.6M |
自由现金流率DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | -5.4% | ||
| Q4 24 | 47.8% | 7.5% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | — | 7.6% |
资本支出强度DOCSVV
| Q1 26 | 3.4% | — | ||
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | 105.6% | 6.4% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 8.0% |
现金转化率DOCSVV
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.48× | 2.88× | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 1.10× | ||
| Q2 24 | 2.17× | 6.22× |
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% |
SVV
| Sales Channel Directly To Consumer | $408.3M | 96% |
| Sales Channel Through Intermediary | $18.6M | 4% |
