vs
Healthpeak Properties（DOC）与TKO Group Holdings（TKO）财务数据对比。点击上方公司名可切换其他公司
TKO Group Holdings的季度营收约是Healthpeak Properties的1.5倍（$1.0B vs $702.9M），Healthpeak Properties净利率更高（51.6% vs -0.2%，领先51.9%），TKO Group Holdings同比增速更快（61.6% vs -6.6%），过去两年TKO Group Holdings的营收复合增速更高（28.4% 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。
TKO Group Holdings是美国体育及体育娱乐上市企业，成立于2023年9月12日，由奋进集团（Endeavor）子公司、终极格斗冠军赛（UFC）母公司Zuffa与职业摔跤品牌世界摔角娱乐（WWE）合并组建，主营综合格斗、职业摔跤赛事运营及相关娱乐内容业务。
DOC vs TKO — 直观对比
营收规模更大
TKO
是对方的1.5倍
$702.9M
营收增速更快
TKO
高出68.3%
-6.6%
净利率更高
DOC
高出51.9%
-0.2%
两年增速更快
TKO
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $702.9M | $1.0B |
| 净利润 | $363.0M | $-2.4M |
| 毛利率 | — | — |
| 营业利润率 | 0.7% | 5.5% |
| 净利率 | 51.6% | -0.2% |
| 营收同比 | -6.6% | 61.6% |
| 净利润同比 | 28.3% | -107.7% |
| 每股收益（稀释后） | $0.28 | $-0.07 |
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DOCTKO
| Q1 26 | $702.9M | — | ||
| Q4 25 | $719.4M | $1.0B | ||
| Q3 25 | $705.9M | $1.1B | ||
| Q2 25 | $694.3M | $1.3B | ||
| Q1 25 | $702.9M | $1.3B | ||
| Q4 24 | $698.0M | $642.2M | ||
| Q3 24 | $700.4M | $681.3M | ||
| Q2 24 | $695.5M | $851.2M |
净利润DOCTKO
| Q1 26 | $363.0M | — | ||
| Q4 25 | $114.0M | $-2.4M | ||
| Q3 25 | $-117.1M | $41.0M | ||
| Q2 25 | $31.7M | $98.4M | ||
| Q1 25 | $42.8M | $58.4M | ||
| Q4 24 | $4.5M | $31.0M | ||
| Q3 24 | $85.9M | $23.1M | ||
| Q2 24 | $146.0M | $59.1M |
毛利率DOCTKO
| Q1 26 | — | — | ||
| 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% | — |
营业利润率DOCTKO
| Q1 26 | 0.7% | — | ||
| Q4 25 | 17.4% | 5.5% | ||
| Q3 25 | 9.2% | 15.4% | ||
| Q2 25 | 5.7% | 28.1% | ||
| Q1 25 | 7.7% | 18.7% | ||
| Q4 24 | -2.2% | 15.9% | ||
| Q3 24 | 14.1% | 20.0% | ||
| Q2 24 | 22.3% | 30.0% |
净利率DOCTKO
| Q1 26 | 51.6% | — | ||
| Q4 25 | 73.2% | -0.2% | ||
| Q3 25 | -16.6% | 3.7% | ||
| Q2 25 | 4.6% | 7.5% | ||
| Q1 25 | 6.1% | 4.6% | ||
| Q4 24 | 0.7% | 4.8% | ||
| Q3 24 | 12.3% | 3.4% | ||
| Q2 24 | 21.0% | 6.9% |
每股收益（稀释后）DOCTKO
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.16 | $-0.07 | ||
| Q3 25 | $-0.17 | $0.47 | ||
| Q2 25 | $0.05 | $1.17 | ||
| Q1 25 | $0.06 | $0.69 | ||
| Q4 24 | $0.02 | $0.28 | ||
| Q3 24 | $0.12 | $0.28 | ||
| Q2 24 | $0.21 | $0.72 |
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 | $831.1M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $7.8B | $3.7B |
| 总资产 | $21.6B | $15.5B |
| 负债/权益比越低杠杆越低 | — | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资DOCTKO
| Q1 26 | $-1.2B | — | ||
| Q4 25 | $467.5M | $831.1M | ||
| Q3 25 | $91.0M | $861.4M | ||
| Q2 25 | $89.4M | $535.1M | ||
| Q1 25 | $70.6M | $470.9M | ||
| Q4 24 | $119.8M | $525.6M | ||
| Q3 24 | $180.4M | $457.4M | ||
| Q2 24 | $106.9M | $277.5M |
总债务DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $3.8B | ||
| Q3 25 | $9.1B | $3.7B | ||
| Q2 25 | $9.0B | $2.7B | ||
| Q1 25 | $8.9B | $2.8B | ||
| Q4 24 | $8.7B | $2.8B | ||
| Q3 24 | $8.6B | $2.7B | ||
| Q2 24 | $8.6B | $2.7B |
股东权益DOCTKO
| Q1 26 | $7.8B | — | ||
| Q4 25 | $7.5B | $3.7B | ||
| Q3 25 | $7.6B | $3.8B | ||
| Q2 25 | $7.9B | $4.3B | ||
| Q1 25 | $8.2B | $4.2B | ||
| Q4 24 | $8.4B | $4.1B | ||
| Q3 24 | $8.6B | $4.0B | ||
| Q2 24 | $8.8B | $4.0B |
总资产DOCTKO
| Q1 26 | $21.6B | — | ||
| Q4 25 | $20.3B | $15.5B | ||
| Q3 25 | $19.6B | $15.5B | ||
| Q2 25 | $19.8B | $15.3B | ||
| Q1 25 | $19.8B | $15.0B | ||
| Q4 24 | $19.9B | $12.7B | ||
| Q3 24 | $20.0B | $12.8B | ||
| Q2 24 | $20.2B | $12.7B |
负债/权益比DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 1.01× | ||
| Q3 25 | 1.20× | 0.98× | ||
| Q2 25 | 1.14× | 0.64× | ||
| Q1 25 | 1.08× | 0.66× | ||
| Q4 24 | 1.04× | 0.67× | ||
| Q3 24 | 1.00× | 0.67× | ||
| Q2 24 | 0.98× | 0.68× |
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 | — | $309.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $309.9M | ||
| Q3 25 | $315.0M | $416.8M | ||
| Q2 25 | $363.5M | $396.2M | ||
| Q1 25 | $279.4M | $162.8M | ||
| Q4 24 | $1.1B | $56.8M | ||
| Q3 24 | $318.2M | $236.5M | ||
| Q2 24 | $316.2M | $230.7M |
自由现金流DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度DOCTKO
| Q1 26 | 3.4% | — | ||
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率DOCTKO
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 10.16× | ||
| Q2 25 | 11.48× | 4.03× | ||
| Q1 25 | 6.52× | 2.79× | ||
| Q4 24 | 235.43× | 1.83× | ||
| Q3 24 | 3.71× | 10.22× | ||
| Q2 24 | 2.17× | 3.90× |
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% |
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
