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Healthpeak Properties（DOC）与维蒙特工业（VMI）财务数据对比。点击上方公司名可切换其他公司
维蒙特工业的季度营收约是Healthpeak Properties的1.4倍（$1.0B vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 10.5%，领先62.7%），维蒙特工业同比增速更快（6.2% vs 3.1%），过去两年Healthpeak Properties的营收复合增速更高（8.9% 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。
维蒙特工业是美国大型上市制造企业，核心产品包括Valley品牌中心支轴及线性灌溉设备、风电机组支撑结构、照明与交通信号灯杆、钢制公用设施杆塔，在全球农业设备及基建配套领域拥有领先的市场地位和技术优势。
DOC vs VMI — 直观对比
营收规模更大
VMI
是对方的1.4倍
$719.4M
营收增速更快
VMI
高出3.1%
3.1%
净利率更高
DOC
高出62.7%
10.5%
两年增速更快
DOC
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $1.0B |
| 净利润 | $114.0M | $108.0M |
| 毛利率 | — | 30.8% |
| 营业利润率 | 17.4% | 15.1% |
| 净利率 | 73.2% | 10.5% |
| 营收同比 | 3.1% | 6.2% |
| 净利润同比 | 2406.4% | 23.8% |
| 每股收益（稀释后） | $0.16 | $5.51 |
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DOCVMI
| Q1 26 | — | $1.0B | ||
| Q4 25 | $719.4M | $1.0B | ||
| Q3 25 | $705.9M | $1.0B | ||
| Q2 25 | $694.3M | $1.1B | ||
| Q1 25 | $702.9M | $969.3M | ||
| Q4 24 | $698.0M | $1.0B | ||
| Q3 24 | $700.4M | $1.0B | ||
| Q2 24 | $695.5M | $1.0B |
净利润DOCVMI
| Q1 26 | — | $108.0M | ||
| Q4 25 | $114.0M | $168.0M | ||
| Q3 25 | $-117.1M | $99.0M | ||
| Q2 25 | $31.7M | $-4.0M | ||
| Q1 25 | $42.8M | $87.3M | ||
| Q4 24 | $4.5M | $77.7M | ||
| Q3 24 | $85.9M | $83.1M | ||
| Q2 24 | $146.0M | $99.7M |
毛利率DOCVMI
| Q1 26 | — | 30.8% | ||
| Q4 25 | — | 29.8% | ||
| Q3 25 | 58.6% | 30.4% | ||
| Q2 25 | 60.2% | 30.6% | ||
| Q1 25 | 61.1% | 30.0% | ||
| Q4 24 | 60.3% | 30.2% | ||
| Q3 24 | 60.0% | 29.6% | ||
| Q2 24 | 60.6% | 30.8% |
营业利润率DOCVMI
| Q1 26 | — | 15.1% | ||
| Q4 25 | 17.4% | 11.2% | ||
| Q3 25 | 9.2% | 13.5% | ||
| Q2 25 | 5.7% | 2.8% | ||
| Q1 25 | 7.7% | 13.2% | ||
| Q4 24 | -2.2% | 11.6% | ||
| Q3 24 | 14.1% | 12.3% | ||
| Q2 24 | 22.3% | 14.2% |
净利率DOCVMI
| Q1 26 | — | 10.5% | ||
| Q4 25 | 73.2% | 16.2% | ||
| Q3 25 | -16.6% | 9.5% | ||
| Q2 25 | 4.6% | -0.4% | ||
| Q1 25 | 6.1% | 9.0% | ||
| Q4 24 | 0.7% | 7.5% | ||
| Q3 24 | 12.3% | 8.1% | ||
| Q2 24 | 21.0% | 9.6% |
每股收益（稀释后）DOCVMI
| Q1 26 | — | $5.51 | ||
| Q4 25 | $0.16 | $9.02 | ||
| Q3 25 | $-0.17 | $4.98 | ||
| Q2 25 | $0.05 | $-1.53 | ||
| Q1 25 | $0.06 | $4.32 | ||
| Q4 24 | $0.02 | $3.85 | ||
| Q3 24 | $0.12 | $4.11 | ||
| Q2 24 | $0.21 | $4.91 |
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 | $160.2M |
| 总债务越低越好 | $9.8B | — |
| 股东权益账面价值 | $7.5B | $1.7B |
| 总资产 | $20.3B | $3.4B |
| 负债/权益比越低杠杆越低 | 1.31× | — |
8季度趋势，按日历期对齐
现金及短期投资DOCVMI
| Q1 26 | — | $160.2M | ||
| Q4 25 | $467.5M | $187.1M | ||
| Q3 25 | $91.0M | $226.1M | ||
| Q2 25 | $89.4M | $208.5M | ||
| Q1 25 | $70.6M | $184.4M | ||
| Q4 24 | $119.8M | $164.3M | ||
| Q3 24 | $180.4M | $200.5M | ||
| Q2 24 | $106.9M | $163.1M |
总债务DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $795.7M | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.7B | $730.6M | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.6B | — |
股东权益DOCVMI
| Q1 26 | — | $1.7B | ||
| Q4 25 | $7.5B | $1.6B | ||
| Q3 25 | $7.6B | $1.6B | ||
| Q2 25 | $7.9B | $1.5B | ||
| Q1 25 | $8.2B | $1.6B | ||
| Q4 24 | $8.4B | $1.5B | ||
| Q3 24 | $8.6B | $1.5B | ||
| Q2 24 | $8.8B | $1.5B |
总资产DOCVMI
| Q1 26 | — | $3.4B | ||
| Q4 25 | $20.3B | $3.4B | ||
| Q3 25 | $19.6B | $3.4B | ||
| Q2 25 | $19.8B | $3.3B | ||
| Q1 25 | $19.8B | $3.4B | ||
| Q4 24 | $19.9B | $3.3B | ||
| Q3 24 | $20.0B | $3.5B | ||
| Q2 24 | $20.2B | $3.5B |
负债/权益比DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 0.49× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.04× | 0.47× | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.98× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $357.0M | — |
| 自由现金流率自由现金流/营收 | 49.6% | — |
| 资本支出强度资本支出/营收 | 124.4% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $111.2M | ||
| Q3 25 | $315.0M | $112.5M | ||
| Q2 25 | $363.5M | $167.6M | ||
| Q1 25 | $279.4M | $65.1M | ||
| Q4 24 | $1.1B | $193.4M | ||
| Q3 24 | $318.2M | $225.1M | ||
| Q2 24 | $316.2M | $130.8M |
自由现金流DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $70.4M | ||
| Q3 25 | — | $70.6M | ||
| Q2 25 | — | $135.6M | ||
| Q1 25 | — | $34.8M | ||
| Q4 24 | $333.7M | $167.8M | ||
| Q3 24 | — | $204.6M | ||
| Q2 24 | — | $112.5M |
自由现金流率DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | 6.8% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | 47.8% | 16.2% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | — | 10.8% |
资本支出强度DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | 124.4% | 3.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | 105.6% | 2.5% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.8% |
现金转化率DOCVMI
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | 0.66× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | 11.48× | — | ||
| Q1 25 | 6.52× | 0.75× | ||
| Q4 24 | 235.43× | 2.49× | ||
| Q3 24 | 3.71× | 2.71× | ||
| Q2 24 | 2.17× | 1.31× |
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
VMI
| Infrastructure | $803.2M | 78% |
| Agriculture | $226.0M | 22% |
