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Healthpeak Properties（DOC）与Victory Capital Holdings, Inc.（VCTR）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Victory Capital Holdings, Inc.的1.9倍（$719.4M vs $374.1M），Healthpeak Properties净利率更高（73.2% vs 30.2%，领先43.0%），Victory Capital Holdings, Inc.同比增速更快（61.0% vs 3.1%），Healthpeak Properties自由现金流更多（$357.0M vs $144.5M），过去两年Victory Capital Holdings, Inc.的营收复合增速更高（31.7% 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。
Victory Capital Holdings是一家总部位于美国得克萨斯州圣安东尼奥的金融服务企业，核心业务为投资管理。除美国本土外，公司在伦敦、中国香港、新加坡三地均配备了专业投资团队，为全球客户提供资产管理相关服务。
DOC vs VCTR — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $374.1M |
| 净利润 | $114.0M | $112.8M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 40.9% |
| 净利率 | 73.2% | 30.2% |
| 营收同比 | 3.1% | 61.0% |
| 净利润同比 | 2406.4% | 46.6% |
| 每股收益（稀释后） | $0.16 | $1.33 |
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
| Q4 25 | $719.4M | $374.1M | ||
| Q3 25 | $705.9M | $361.2M | ||
| Q2 25 | $694.3M | $351.2M | ||
| Q1 25 | $702.9M | $219.6M | ||
| Q4 24 | $698.0M | $232.4M | ||
| Q3 24 | $700.4M | $225.6M | ||
| Q2 24 | $695.5M | $219.6M | ||
| Q1 24 | $606.6M | $215.9M |
| Q4 25 | $114.0M | $112.8M | ||
| Q3 25 | $-117.1M | $96.5M | ||
| Q2 25 | $31.7M | $58.7M | ||
| Q1 25 | $42.8M | $62.0M | ||
| Q4 24 | $4.5M | $76.9M | ||
| Q3 24 | $85.9M | $82.0M | ||
| Q2 24 | $146.0M | $74.3M | ||
| Q1 24 | $6.7M | $55.7M |
| 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% | — |
| Q4 25 | 17.4% | 40.9% | ||
| Q3 25 | 9.2% | 38.2% | ||
| Q2 25 | 5.7% | 26.8% | ||
| Q1 25 | 7.7% | 42.3% | ||
| Q4 24 | -2.2% | 48.1% | ||
| Q3 24 | 14.1% | 53.3% | ||
| Q2 24 | 22.3% | 50.4% | ||
| Q1 24 | 3.7% | 39.3% |
| Q4 25 | 73.2% | 30.2% | ||
| Q3 25 | -16.6% | 26.7% | ||
| Q2 25 | 4.6% | 16.7% | ||
| Q1 25 | 6.1% | 28.2% | ||
| Q4 24 | 0.7% | 33.1% | ||
| Q3 24 | 12.3% | 36.3% | ||
| Q2 24 | 21.0% | 33.8% | ||
| Q1 24 | 1.1% | 25.8% |
| Q4 25 | $0.16 | $1.33 | ||
| Q3 25 | $-0.17 | $1.11 | ||
| Q2 25 | $0.05 | $0.68 | ||
| Q1 25 | $0.06 | $0.96 | ||
| Q4 24 | $0.02 | $1.18 | ||
| Q3 24 | $0.12 | $1.24 | ||
| Q2 24 | $0.21 | $1.12 | ||
| Q1 24 | $0.01 | $0.84 |
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 | $163.7M |
| 总债务越低越好 | $9.8B | $970.0M |
| 股东权益账面价值 | $7.5B | $2.4B |
| 总资产 | $20.3B | $4.2B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.40× |
8季度趋势，按日历期对齐
| Q4 25 | $467.5M | $163.7M | ||
| Q3 25 | $91.0M | $115.7M | ||
| Q2 25 | $89.4M | $107.9M | ||
| Q1 25 | $70.6M | $175.6M | ||
| Q4 24 | $119.8M | $126.7M | ||
| Q3 24 | $180.4M | $188.2M | ||
| Q2 24 | $106.9M | $119.0M | ||
| Q1 24 | $101.8M | $79.9M |
| Q4 25 | $9.8B | $970.0M | ||
| Q3 25 | $9.1B | $972.0M | ||
| Q2 25 | $9.0B | $965.7M | ||
| Q1 25 | $8.9B | $964.8M | ||
| Q4 24 | $8.7B | $963.9M | ||
| Q3 24 | $8.6B | $982.7M | ||
| Q2 24 | $8.6B | $981.7M | ||
| Q1 24 | $8.8B | $990.2M |
| Q4 25 | $7.5B | $2.4B | ||
| Q3 25 | $7.6B | $2.4B | ||
| Q2 25 | $7.9B | $2.5B | ||
| Q1 25 | $8.2B | $1.1B | ||
| Q4 24 | $8.4B | $1.1B | ||
| Q3 24 | $8.6B | $1.2B | ||
| Q2 24 | $8.8B | $1.1B | ||
| Q1 24 | $8.9B | $1.1B |
| Q4 25 | $20.3B | $4.2B | ||
| Q3 25 | $19.6B | $4.2B | ||
| Q2 25 | $19.8B | $4.2B | ||
| Q1 25 | $19.8B | $2.6B | ||
| Q4 24 | $19.9B | $2.5B | ||
| Q3 24 | $20.0B | $2.6B | ||
| Q2 24 | $20.2B | $2.5B | ||
| Q1 24 | $20.5B | $2.5B |
| Q4 25 | 1.31× | 0.40× | ||
| Q3 25 | 1.20× | 0.41× | ||
| Q2 25 | 1.14× | 0.39× | ||
| Q1 25 | 1.08× | 0.84× | ||
| Q4 24 | 1.04× | 0.86× | ||
| Q3 24 | 1.00× | 0.84× | ||
| Q2 24 | 0.98× | 0.87× | ||
| Q1 24 | 0.99× | 0.92× |
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 | $145.1M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $144.5M |
| 自由现金流率自由现金流/营收 | 49.6% | 38.6% |
| 资本支出强度资本支出/营收 | 124.4% | 0.2% |
| 现金转化率经营现金流/净利润 | 10.99× | 1.29× |
| 过去12个月自由现金流最近4个季度 | — | $381.3M |
8季度趋势，按日历期对齐
| Q4 25 | $1.3B | $145.1M | ||
| Q3 25 | $315.0M | $165.9M | ||
| Q2 25 | $363.5M | $-6.6M | ||
| Q1 25 | $279.4M | $81.1M | ||
| Q4 24 | $1.1B | $91.8M | ||
| Q3 24 | $318.2M | $99.8M | ||
| Q2 24 | $316.2M | $79.7M | ||
| Q1 24 | $152.6M | $68.7M |
| Q4 25 | $357.0M | $144.5M | ||
| Q3 25 | — | $164.8M | ||
| Q2 25 | — | $-7.5M | ||
| Q1 25 | — | $79.5M | ||
| Q4 24 | $333.7M | $91.7M | ||
| Q3 24 | — | $99.4M | ||
| Q2 24 | — | $79.5M | ||
| Q1 24 | — | $68.2M |
| Q4 25 | 49.6% | 38.6% | ||
| Q3 25 | — | 45.6% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | 47.8% | 39.4% | ||
| Q3 24 | — | 44.0% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 31.6% |
| Q4 25 | 124.4% | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 105.6% | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | 10.99× | 1.29× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | 11.48× | -0.11× | ||
| Q1 25 | 6.52× | 1.31× | ||
| Q4 24 | 235.43× | 1.19× | ||
| Q3 24 | 3.71× | 1.22× | ||
| Q2 24 | 2.17× | 1.07× | ||
| Q1 24 | 22.85× | 1.23× |
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
VCTR
| Investment Management Fees | $301.4M | 81% |
| Fund Administration And Distribution Fees | $72.8M | 19% |
