vs
Healthpeak Properties（DOC）与Talen Energy Corp（TLN）财务数据对比。点击上方公司名可切换其他公司
Talen Energy Corp的季度营收约是Healthpeak Properties的1.1倍（$758.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs -47.9%，领先121.1%），Talen Energy Corp同比增速更快（114.7% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $254.0M），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs 8.9%）
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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
DOC vs TLN — 直观对比
营收规模更大
TLN
是对方的1.1倍
$719.4M
营收增速更快
TLN
高出111.7%
3.1%
净利率更高
DOC
高出121.1%
-47.9%
自由现金流更多
DOC
多$103.0M
$254.0M
两年增速更快
TLN
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $758.0M |
| 净利润 | $114.0M | $-363.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | -41.3% |
| 净利率 | 73.2% | -47.9% |
| 营收同比 | 3.1% | 114.7% |
| 净利润同比 | 2406.4% | -542.7% |
| 每股收益（稀释后） | $0.16 | $-7.60 |
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DOCTLN
| Q4 25 | $719.4M | $758.0M | ||
| Q3 25 | $705.9M | $697.0M | ||
| Q2 25 | $694.3M | $409.0M | ||
| Q1 25 | $702.9M | $654.0M | ||
| Q4 24 | $698.0M | $353.0M | ||
| Q3 24 | $700.4M | $459.0M | ||
| Q2 24 | $695.5M | $346.0M | ||
| Q1 24 | $606.6M | $416.0M |
净利润DOCTLN
| Q4 25 | $114.0M | $-363.0M | ||
| Q3 25 | $-117.1M | $207.0M | ||
| Q2 25 | $31.7M | $72.0M | ||
| Q1 25 | $42.8M | $-135.0M | ||
| Q4 24 | $4.5M | $82.0M | ||
| Q3 24 | $85.9M | $168.0M | ||
| Q2 24 | $146.0M | $454.0M | ||
| Q1 24 | $6.7M | $294.0M |
毛利率DOCTLN
| 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% | — | ||
| Q1 24 | 59.8% | — |
营业利润率DOCTLN
| Q4 25 | 17.4% | -41.3% | ||
| Q3 25 | 9.2% | 37.7% | ||
| Q2 25 | 5.7% | 16.1% | ||
| Q1 25 | 7.7% | -16.2% | ||
| Q4 24 | -2.2% | 4.5% | ||
| Q3 24 | 14.1% | 34.4% | ||
| Q2 24 | 22.3% | 7.8% | ||
| Q1 24 | 3.7% | 6.0% |
净利率DOCTLN
| Q4 25 | 73.2% | -47.9% | ||
| Q3 25 | -16.6% | 29.7% | ||
| Q2 25 | 4.6% | 17.6% | ||
| Q1 25 | 6.1% | -20.6% | ||
| Q4 24 | 0.7% | 23.2% | ||
| Q3 24 | 12.3% | 36.6% | ||
| Q2 24 | 21.0% | 131.2% | ||
| Q1 24 | 1.1% | 70.7% |
每股收益（稀释后）DOCTLN
| Q4 25 | $0.16 | $-7.60 | ||
| Q3 25 | $-0.17 | $4.25 | ||
| Q2 25 | $0.05 | $1.50 | ||
| Q1 25 | $0.06 | $-2.94 | ||
| Q4 24 | $0.02 | $2.07 | ||
| Q3 24 | $0.12 | $3.16 | ||
| Q2 24 | $0.21 | $7.60 | ||
| Q1 24 | $0.01 | $4.84 |
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 | $689.0M |
| 总债务越低越好 | $9.8B | $6.8B |
| 股东权益账面价值 | $7.5B | $1.1B |
| 总资产 | $20.3B | $10.9B |
| 负债/权益比越低杠杆越低 | 1.31× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资DOCTLN
| Q4 25 | $467.5M | $689.0M | ||
| Q3 25 | $91.0M | $497.0M | ||
| Q2 25 | $89.4M | $122.0M | ||
| Q1 25 | $70.6M | $295.0M | ||
| Q4 24 | $119.8M | $328.0M | ||
| Q3 24 | $180.4M | $648.0M | ||
| Q2 24 | $106.9M | $632.0M | ||
| Q1 24 | $101.8M | — |
总债务DOCTLN
| Q4 25 | $9.8B | $6.8B | ||
| Q3 25 | $9.1B | $3.0B | ||
| Q2 25 | $9.0B | $3.0B | ||
| Q1 25 | $8.9B | $3.0B | ||
| Q4 24 | $8.7B | $3.0B | ||
| Q3 24 | $8.6B | $2.6B | ||
| Q2 24 | $8.6B | $2.6B | ||
| Q1 24 | $8.8B | — |
股东权益DOCTLN
| Q4 25 | $7.5B | $1.1B | ||
| Q3 25 | $7.6B | $1.5B | ||
| Q2 25 | $7.9B | $1.2B | ||
| Q1 25 | $8.2B | $1.2B | ||
| Q4 24 | $8.4B | $1.4B | ||
| Q3 24 | $8.6B | $2.4B | ||
| Q2 24 | $8.8B | $2.5B | ||
| Q1 24 | $8.9B | $2.8B |
总资产DOCTLN
| Q4 25 | $20.3B | $10.9B | ||
| Q3 25 | $19.6B | $6.1B | ||
| Q2 25 | $19.8B | $5.8B | ||
| Q1 25 | $19.8B | $5.9B | ||
| Q4 24 | $19.9B | $6.1B | ||
| Q3 24 | $20.0B | $6.8B | ||
| Q2 24 | $20.2B | $7.1B | ||
| Q1 24 | $20.5B | — |
负债/权益比DOCTLN
| Q4 25 | 1.31× | 6.23× | ||
| Q3 25 | 1.20× | 2.03× | ||
| Q2 25 | 1.14× | 2.40× | ||
| Q1 25 | 1.08× | 2.54× | ||
| Q4 24 | 1.04× | 2.17× | ||
| Q3 24 | 1.00× | 1.10× | ||
| Q2 24 | 0.98× | 1.05× | ||
| 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 | $280.0M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $254.0M |
| 自由现金流率自由现金流/营收 | 49.6% | 33.5% |
| 资本支出强度资本支出/营收 | 124.4% | 3.4% |
| 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 | — | $606.0M |
8季度趋势，按日历期对齐
经营现金流DOCTLN
| Q4 25 | $1.3B | $280.0M | ||
| Q3 25 | $315.0M | $489.0M | ||
| Q2 25 | $363.5M | $-184.0M | ||
| Q1 25 | $279.4M | $119.0M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $318.2M | $96.0M | ||
| Q2 24 | $316.2M | $-23.0M | ||
| Q1 24 | $152.6M | $173.0M |
自由现金流DOCTLN
| Q4 25 | $357.0M | $254.0M | ||
| Q3 25 | — | $468.0M | ||
| Q2 25 | — | $-217.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | $83.0M | ||
| Q2 24 | — | $-43.0M | ||
| Q1 24 | — | $148.0M |
自由现金流率DOCTLN
| Q4 25 | 49.6% | 33.5% | ||
| Q3 25 | — | 67.1% | ||
| Q2 25 | — | -53.1% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | -12.4% | ||
| Q1 24 | — | 35.6% |
资本支出强度DOCTLN
| Q4 25 | 124.4% | 3.4% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 6.0% |
现金转化率DOCTLN
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | 11.48× | -2.56× | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | 0.57× | ||
| Q2 24 | 2.17× | -0.05× | ||
| Q1 24 | 22.85× | 0.59× |
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
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
