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Healthpeak Properties（DOC）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Healthpeak Properties的1.1倍（$814.9M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 28.7%，领先44.5%），Ubiquiti Inc.同比增速更快（35.8% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $260.3M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
DOC vs UI — 直观对比
营收规模更大
UI
是对方的1.1倍
$719.4M
营收增速更快
UI
高出32.8%
3.1%
净利率更高
DOC
高出44.5%
28.7%
自由现金流更多
DOC
多$96.7M
$260.3M
两年增速更快
UI
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $814.9M |
| 净利润 | $114.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 17.4% | 35.9% |
| 净利率 | 73.2% | 28.7% |
| 营收同比 | 3.1% | 35.8% |
| 净利润同比 | 2406.4% | 70.8% |
| 每股收益（稀释后） | $0.16 | $3.86 |
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DOCUI
| Q4 25 | $719.4M | $814.9M | ||
| Q3 25 | $705.9M | $733.8M | ||
| Q2 25 | $694.3M | $759.2M | ||
| Q1 25 | $702.9M | $664.2M | ||
| Q4 24 | $698.0M | $599.9M | ||
| Q3 24 | $700.4M | $550.3M | ||
| Q2 24 | $695.5M | $507.5M | ||
| Q1 24 | $606.6M | $493.0M |
净利润DOCUI
| Q4 25 | $114.0M | $233.6M | ||
| Q3 25 | $-117.1M | $207.9M | ||
| Q2 25 | $31.7M | $266.7M | ||
| Q1 25 | $42.8M | $180.4M | ||
| Q4 24 | $4.5M | $136.8M | ||
| Q3 24 | $85.9M | $128.0M | ||
| Q2 24 | $146.0M | $103.8M | ||
| Q1 24 | $6.7M | $76.3M |
毛利率DOCUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | 58.6% | 46.0% | ||
| Q2 25 | 60.2% | 45.1% | ||
| Q1 25 | 61.1% | 44.5% | ||
| Q4 24 | 60.3% | 41.2% | ||
| Q3 24 | 60.0% | 42.1% | ||
| Q2 24 | 60.6% | 40.2% | ||
| Q1 24 | 59.8% | 35.3% |
营业利润率DOCUI
| Q4 25 | 17.4% | 35.9% | ||
| Q3 25 | 9.2% | 35.7% | ||
| Q2 25 | 5.7% | 34.4% | ||
| Q1 25 | 7.7% | 34.2% | ||
| Q4 24 | -2.2% | 29.8% | ||
| Q3 24 | 14.1% | 30.7% | ||
| Q2 24 | 22.3% | 27.3% | ||
| Q1 24 | 3.7% | 22.6% |
净利率DOCUI
| Q4 25 | 73.2% | 28.7% | ||
| Q3 25 | -16.6% | 28.3% | ||
| Q2 25 | 4.6% | 35.1% | ||
| Q1 25 | 6.1% | 27.2% | ||
| Q4 24 | 0.7% | 22.8% | ||
| Q3 24 | 12.3% | 23.3% | ||
| Q2 24 | 21.0% | 20.5% | ||
| Q1 24 | 1.1% | 15.5% |
每股收益（稀释后）DOCUI
| Q4 25 | $0.16 | $3.86 | ||
| Q3 25 | $-0.17 | $3.43 | ||
| Q2 25 | $0.05 | $4.40 | ||
| Q1 25 | $0.06 | $2.98 | ||
| Q4 24 | $0.02 | $2.26 | ||
| Q3 24 | $0.12 | $2.12 | ||
| Q2 24 | $0.21 | $1.72 | ||
| Q1 24 | $0.01 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $9.8B | $47.5M |
| 股东权益账面价值 | $7.5B | $1.0B |
| 总资产 | $20.3B | $1.6B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资DOCUI
| Q4 25 | $467.5M | $302.8M | ||
| Q3 25 | $91.0M | $177.2M | ||
| Q2 25 | $89.4M | $149.7M | ||
| Q1 25 | $70.6M | $151.0M | ||
| Q4 24 | $119.8M | $133.1M | ||
| Q3 24 | $180.4M | $165.2M | ||
| Q2 24 | $106.9M | $126.3M | ||
| Q1 24 | $101.8M | $102.5M |
总债务DOCUI
| Q4 25 | $9.8B | $47.5M | ||
| Q3 25 | $9.1B | $133.8M | ||
| Q2 25 | $9.0B | $250.0M | ||
| Q1 25 | $8.9B | $340.0M | ||
| Q4 24 | $8.7B | $406.3M | ||
| Q3 24 | $8.6B | $552.5M | ||
| Q2 24 | $8.6B | $708.1M | ||
| Q1 24 | $8.8B | $877.5M |
股东权益DOCUI
| Q4 25 | $7.5B | $1.0B | ||
| Q3 25 | $7.6B | $828.4M | ||
| Q2 25 | $7.9B | $668.3M | ||
| Q1 25 | $8.2B | $436.1M | ||
| Q4 24 | $8.4B | $290.4M | ||
| Q3 24 | $8.6B | $188.1M | ||
| Q2 24 | $8.8B | $95.1M | ||
| Q1 24 | $8.9B | $25.9M |
总资产DOCUI
| Q4 25 | $20.3B | $1.6B | ||
| Q3 25 | $19.6B | $1.5B | ||
| Q2 25 | $19.8B | $1.5B | ||
| Q1 25 | $19.8B | $1.3B | ||
| Q4 24 | $19.9B | $1.2B | ||
| Q3 24 | $20.0B | $1.2B | ||
| Q2 24 | $20.2B | $1.2B | ||
| Q1 24 | $20.5B | $1.2B |
负债/权益比DOCUI
| Q4 25 | 1.31× | 0.05× | ||
| Q3 25 | 1.20× | 0.16× | ||
| Q2 25 | 1.14× | 0.37× | ||
| Q1 25 | 1.08× | 0.78× | ||
| Q4 24 | 1.04× | 1.40× | ||
| Q3 24 | 1.00× | 2.94× | ||
| Q2 24 | 0.98× | 7.45× | ||
| Q1 24 | 0.99× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $260.3M |
| 自由现金流率自由现金流/营收 | 49.6% | 31.9% |
| 资本支出强度资本支出/营收 | 124.4% | 0.4% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $699.5M |
8季度趋势，按日历期对齐
经营现金流DOCUI
| Q4 25 | $1.3B | $263.9M | ||
| Q3 25 | $315.0M | $198.5M | ||
| Q2 25 | $363.5M | $130.4M | ||
| Q1 25 | $279.4M | $123.6M | ||
| Q4 24 | $1.1B | $152.4M | ||
| Q3 24 | $318.2M | $233.7M | ||
| Q2 24 | $316.2M | $231.4M | ||
| Q1 24 | $152.6M | $163.9M |
自由现金流DOCUI
| Q4 25 | $357.0M | $260.3M | ||
| Q3 25 | — | $193.3M | ||
| Q2 25 | — | $125.2M | ||
| Q1 25 | — | $120.7M | ||
| Q4 24 | $333.7M | $150.4M | ||
| Q3 24 | — | $231.1M | ||
| Q2 24 | — | $229.5M | ||
| Q1 24 | — | $160.6M |
自由现金流率DOCUI
| Q4 25 | 49.6% | 31.9% | ||
| Q3 25 | — | 26.3% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | 47.8% | 25.1% | ||
| Q3 24 | — | 42.0% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 32.6% |
资本支出强度DOCUI
| Q4 25 | 124.4% | 0.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | 105.6% | 0.3% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.7% |
现金转化率DOCUI
| Q4 25 | 10.99× | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | 11.48× | 0.49× | ||
| Q1 25 | 6.52× | 0.68× | ||
| Q4 24 | 235.43× | 1.11× | ||
| Q3 24 | 3.71× | 1.83× | ||
| Q2 24 | 2.17× | 2.23× | ||
| Q1 24 | 22.85× | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
