vs
Healthpeak Properties（DOC）与TrueBlue, Inc.（TBI）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TrueBlue, Inc.的1.7倍（$702.9M vs $418.2M），TrueBlue, Inc.同比增速更快（8.3% vs -6.6%），过去两年TrueBlue, 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。
蓝鸟公司是一家美国巴士制造商，总部位于佐治亚州福瓦尔谷。该公司以生产校车闻名于世，除此之外还生产多种其他类型巴士，包括城市公交巴士、房车，以及流动图书馆、移动警务指挥中心等特种车辆。
DOC vs TBI — 直观对比
营收规模更大
DOC
是对方的1.7倍
$418.2M
营收增速更快
TBI
高出15.0%
-6.6%
两年增速更快
TBI
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $702.9M | $418.2M |
| 净利润 | $363.0M | — |
| 毛利率 | — | 21.5% |
| 营业利润率 | 0.7% | -7.0% |
| 净利率 | 51.6% | — |
| 营收同比 | -6.6% | 8.3% |
| 净利润同比 | 28.3% | — |
| 每股收益（稀释后） | $0.28 | $-1.06 |
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DOCTBI
| Q1 26 | $702.9M | — | ||
| Q4 25 | $719.4M | $418.2M | ||
| Q3 25 | $705.9M | $431.3M | ||
| Q2 25 | $694.3M | $396.3M | ||
| Q1 25 | $702.9M | $370.3M | ||
| Q4 24 | $698.0M | $386.0M | ||
| Q3 24 | $700.4M | $382.4M | ||
| Q2 24 | $695.5M | $396.2M |
净利润DOCTBI
| Q1 26 | $363.0M | — | ||
| Q4 25 | $114.0M | — | ||
| Q3 25 | $-117.1M | $-1.9M | ||
| Q2 25 | $31.7M | $-160.0K | ||
| Q1 25 | $42.8M | $-14.3M | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $85.9M | $-7.6M | ||
| Q2 24 | $146.0M | $-104.7M |
毛利率DOCTBI
| Q1 26 | — | — | ||
| Q4 25 | — | 21.5% | ||
| Q3 25 | 58.6% | 22.7% | ||
| Q2 25 | 60.2% | 23.6% | ||
| Q1 25 | 61.1% | 23.3% | ||
| Q4 24 | 60.3% | 26.6% | ||
| Q3 24 | 60.0% | 26.2% | ||
| Q2 24 | 60.6% | 26.4% |
营业利润率DOCTBI
| Q1 26 | 0.7% | — | ||
| Q4 25 | 17.4% | -7.0% | ||
| Q3 25 | 9.2% | -0.0% | ||
| Q2 25 | 5.7% | -0.7% | ||
| Q1 25 | 7.7% | -3.8% | ||
| Q4 24 | -2.2% | -2.7% | ||
| Q3 24 | 14.1% | -1.8% | ||
| Q2 24 | 22.3% | -15.1% |
净利率DOCTBI
| Q1 26 | 51.6% | — | ||
| Q4 25 | 73.2% | — | ||
| Q3 25 | -16.6% | -0.4% | ||
| Q2 25 | 4.6% | -0.0% | ||
| Q1 25 | 6.1% | -3.9% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 12.3% | -2.0% | ||
| Q2 24 | 21.0% | -26.4% |
每股收益（稀释后）DOCTBI
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.16 | $-1.06 | ||
| Q3 25 | $-0.17 | $-0.06 | ||
| Q2 25 | $0.05 | $-0.01 | ||
| Q1 25 | $0.06 | $-0.48 | ||
| Q4 24 | $0.02 | $-0.41 | ||
| Q3 24 | $0.12 | $-0.26 | ||
| Q2 24 | $0.21 | $-3.45 |
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 | $24.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.8B | $274.6M |
| 总资产 | $21.6B | $638.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DOCTBI
| Q1 26 | $-1.2B | — | ||
| Q4 25 | $467.5M | $24.5M | ||
| Q3 25 | $91.0M | $19.9M | ||
| Q2 25 | $89.4M | $21.9M | ||
| Q1 25 | $70.6M | $23.1M | ||
| Q4 24 | $119.8M | $22.5M | ||
| Q3 24 | $180.4M | $14.5M | ||
| Q2 24 | $106.9M | $26.4M |
总债务DOCTBI
| Q1 26 | — | — | ||
| 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 | — |
股东权益DOCTBI
| Q1 26 | $7.8B | — | ||
| Q4 25 | $7.5B | $274.6M | ||
| Q3 25 | $7.6B | $304.3M | ||
| Q2 25 | $7.9B | $305.2M | ||
| Q1 25 | $8.2B | $302.2M | ||
| Q4 24 | $8.4B | $315.4M | ||
| Q3 24 | $8.6B | $327.2M | ||
| Q2 24 | $8.8B | $337.8M |
总资产DOCTBI
| Q1 26 | $21.6B | — | ||
| Q4 25 | $20.3B | $638.7M | ||
| Q3 25 | $19.6B | $690.5M | ||
| Q2 25 | $19.8B | $672.8M | ||
| Q1 25 | $19.8B | $692.5M | ||
| Q4 24 | $19.9B | $675.4M | ||
| Q3 24 | $20.0B | $702.4M | ||
| Q2 24 | $20.2B | $723.7M |
负债/权益比DOCTBI
| Q1 26 | — | — | ||
| 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× | — |
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 | — | $-4.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-7.5M |
| 自由现金流率自由现金流/营收 | — | -1.8% |
| 资本支出强度资本支出/营收 | 3.4% | 0.7% |
| 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 | — | $-73.7M |
8季度趋势，按日历期对齐
经营现金流DOCTBI
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $-4.4M | ||
| Q3 25 | $315.0M | $-19.8M | ||
| Q2 25 | $363.5M | $-11.8M | ||
| Q1 25 | $279.4M | $-22.1M | ||
| Q4 24 | $1.1B | $6.1M | ||
| Q3 24 | $318.2M | $-7.1M | ||
| Q2 24 | $316.2M | $-1.8M |
自由现金流DOCTBI
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $-7.5M | ||
| Q3 25 | — | $-23.4M | ||
| Q2 25 | — | $-16.1M | ||
| Q1 25 | — | $-26.8M | ||
| Q4 24 | $333.7M | $854.0K | ||
| Q3 24 | — | $-12.7M | ||
| Q2 24 | — | $-7.7M |
自由现金流率DOCTBI
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | -1.8% | ||
| Q3 25 | — | -5.4% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | -7.2% | ||
| Q4 24 | 47.8% | 0.2% | ||
| Q3 24 | — | -3.3% | ||
| Q2 24 | — | -2.0% |
资本支出强度DOCTBI
| Q1 26 | 3.4% | — | ||
| Q4 25 | 124.4% | 0.7% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 105.6% | 1.4% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.5% |
现金转化率DOCTBI
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | — | ||
| 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
| Outpatient Medical | $320.5M | 46% |
| Lab | $217.6M | 31% |
| Senior Housing | $148.9M | 21% |
| Other | $14.3M | 2% |
| Corporate Non-segment | $1.5M | 0% |
TBI
| People Scout | $187.7M | 45% |
| Other | $175.0M | 42% |
| Healthcare Staffing Professionals Inc. | $55.5M | 13% |
