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Healthpeak Properties（DOC）与TEREX CORP（TEX）财务数据对比。点击上方公司名可切换其他公司
TEREX CORP的季度营收约是Healthpeak Properties的1.8倍（$1.3B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 4.8%，领先68.4%），TEREX CORP同比增速更快（6.2% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $171.0M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 1.0%）
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。
特雷克斯公司是美国知名的设备制造企业，业务遍布美洲、欧洲、澳大利亚及亚太地区，主营物料加工机械、废弃物回收处理设备、移动式高空作业平台，以及电力行业专用设备，为全球多领域客户提供专业解决方案。
DOC vs TEX — 直观对比
营收规模更大
TEX
是对方的1.8倍
$719.4M
营收增速更快
TEX
高出3.2%
3.1%
净利率更高
DOC
高出68.4%
4.8%
自由现金流更多
DOC
多$186.0M
$171.0M
两年增速更快
DOC
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $1.3B |
| 净利润 | $114.0M | $63.0M |
| 毛利率 | — | 18.8% |
| 营业利润率 | 17.4% | 10.4% |
| 净利率 | 73.2% | 4.8% |
| 营收同比 | 3.1% | 6.2% |
| 净利润同比 | 2406.4% | 2963.6% |
| 每股收益（稀释后） | $0.16 | $0.95 |
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DOCTEX
| Q4 25 | $719.4M | $1.3B | ||
| Q3 25 | $705.9M | $1.4B | ||
| Q2 25 | $694.3M | $1.5B | ||
| Q1 25 | $702.9M | $1.2B | ||
| Q4 24 | $698.0M | $1.2B | ||
| Q3 24 | $700.4M | $1.2B | ||
| Q2 24 | $695.5M | $1.4B | ||
| Q1 24 | $606.6M | $1.3B |
净利润DOCTEX
| Q4 25 | $114.0M | $63.0M | ||
| Q3 25 | $-117.1M | $65.0M | ||
| Q2 25 | $31.7M | $72.0M | ||
| Q1 25 | $42.8M | $21.0M | ||
| Q4 24 | $4.5M | $-2.2M | ||
| Q3 24 | $85.9M | $88.0M | ||
| Q2 24 | $146.0M | $140.7M | ||
| Q1 24 | $6.7M | $108.5M |
毛利率DOCTEX
| Q4 25 | — | 18.8% | ||
| Q3 25 | 58.6% | 20.3% | ||
| Q2 25 | 60.2% | 19.6% | ||
| Q1 25 | 61.1% | 18.7% | ||
| Q4 24 | 60.3% | 15.9% | ||
| Q3 24 | 60.0% | 20.2% | ||
| Q2 24 | 60.6% | 23.8% | ||
| Q1 24 | 59.8% | 23.0% |
营业利润率DOCTEX
| Q4 25 | 17.4% | 10.4% | ||
| Q3 25 | 9.2% | 10.1% | ||
| Q2 25 | 5.7% | 8.7% | ||
| Q1 25 | 7.7% | 5.6% | ||
| Q4 24 | -2.2% | 4.2% | ||
| Q3 24 | 14.1% | 10.1% | ||
| Q2 24 | 22.3% | 14.0% | ||
| Q1 24 | 3.7% | 12.2% |
净利率DOCTEX
| Q4 25 | 73.2% | 4.8% | ||
| Q3 25 | -16.6% | 4.7% | ||
| Q2 25 | 4.6% | 4.8% | ||
| Q1 25 | 6.1% | 1.7% | ||
| Q4 24 | 0.7% | -0.2% | ||
| Q3 24 | 12.3% | 7.3% | ||
| Q2 24 | 21.0% | 10.2% | ||
| Q1 24 | 1.1% | 8.4% |
每股收益（稀释后）DOCTEX
| Q4 25 | $0.16 | $0.95 | ||
| Q3 25 | $-0.17 | $0.98 | ||
| Q2 25 | $0.05 | $1.09 | ||
| Q1 25 | $0.06 | $0.31 | ||
| Q4 24 | $0.02 | $-0.03 | ||
| Q3 24 | $0.12 | $1.31 | ||
| Q2 24 | $0.21 | $2.08 | ||
| Q1 24 | $0.01 | $1.60 |
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 | $772.0M |
| 总债务越低越好 | $9.8B | $2.6B |
| 股东权益账面价值 | $7.5B | $2.1B |
| 总资产 | $20.3B | $6.1B |
| 负债/权益比越低杠杆越低 | 1.31× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资DOCTEX
| Q4 25 | $467.5M | $772.0M | ||
| Q3 25 | $91.0M | $509.0M | ||
| Q2 25 | $89.4M | $374.0M | ||
| Q1 25 | $70.6M | $298.0M | ||
| Q4 24 | $119.8M | $388.0M | ||
| Q3 24 | $180.4M | $352.0M | ||
| Q2 24 | $106.9M | $319.3M | ||
| Q1 24 | $101.8M | $364.9M |
总债务DOCTEX
| Q4 25 | $9.8B | $2.6B | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.7B | $2.6B | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.6B | — | ||
| Q1 24 | $8.8B | — |
股东权益DOCTEX
| Q4 25 | $7.5B | $2.1B | ||
| Q3 25 | $7.6B | $2.0B | ||
| Q2 25 | $7.9B | $2.0B | ||
| Q1 25 | $8.2B | $1.8B | ||
| Q4 24 | $8.4B | $1.8B | ||
| Q3 24 | $8.6B | $2.0B | ||
| Q2 24 | $8.8B | $1.8B | ||
| Q1 24 | $8.9B | $1.7B |
总资产DOCTEX
| Q4 25 | $20.3B | $6.1B | ||
| Q3 25 | $19.6B | $6.2B | ||
| Q2 25 | $19.8B | $6.2B | ||
| Q1 25 | $19.8B | $5.8B | ||
| Q4 24 | $19.9B | $5.7B | ||
| Q3 24 | $20.0B | $3.8B | ||
| Q2 24 | $20.2B | $3.8B | ||
| Q1 24 | $20.5B | $3.8B |
负债/权益比DOCTEX
| Q4 25 | 1.31× | 1.23× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.04× | 1.41× | ||
| 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 | $205.0M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $171.0M |
| 自由现金流率自由现金流/营收 | 49.6% | 13.0% |
| 资本支出强度资本支出/营收 | 124.4% | 2.6% |
| 现金转化率经营现金流/净利润 | 10.99× | 3.25× |
| 过去12个月自由现金流最近4个季度 | — | $322.0M |
8季度趋势，按日历期对齐
经营现金流DOCTEX
| Q4 25 | $1.3B | $205.0M | ||
| Q3 25 | $315.0M | $154.0M | ||
| Q2 25 | $363.5M | $102.0M | ||
| Q1 25 | $279.4M | $-21.0M | ||
| Q4 24 | $1.1B | $177.0M | ||
| Q3 24 | $318.2M | $116.4M | ||
| Q2 24 | $316.2M | $66.5M | ||
| Q1 24 | $152.6M | $-33.9M |
自由现金流DOCTEX
| Q4 25 | $357.0M | $171.0M | ||
| Q3 25 | — | $130.0M | ||
| Q2 25 | — | $78.0M | ||
| Q1 25 | — | $-57.0M | ||
| Q4 24 | $333.7M | $128.0M | ||
| Q3 24 | — | $87.4M | ||
| Q2 24 | — | $42.5M | ||
| Q1 24 | — | $-68.9M |
自由现金流率DOCTEX
| Q4 25 | 49.6% | 13.0% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | 47.8% | 10.3% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | -5.3% |
资本支出强度DOCTEX
| Q4 25 | 124.4% | 2.6% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | 105.6% | 3.9% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 2.7% |
现金转化率DOCTEX
| Q4 25 | 10.99× | 3.25× | ||
| Q3 25 | — | 2.37× | ||
| Q2 25 | 11.48× | 1.42× | ||
| Q1 25 | 6.52× | -1.00× | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 1.32× | ||
| Q2 24 | 2.17× | 0.47× | ||
| Q1 24 | 22.85× | -0.31× |
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
TEX
| Aerials Segment | $466.0M | 35% |
| Materials Processing Segment | $428.0M | 32% |
| Materials Processing Equipment | $279.0M | 21% |
| Specialty Equipment | $148.0M | 11% |
