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Healthpeak Properties（DOC）与Voya Financial, Inc.（VOYA）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Voya Financial, Inc.的1.2倍（$719.4M vs $603.0M），Healthpeak Properties净利率更高（73.2% vs 23.2%，领先50.0%），Voya Financial, Inc.同比增速更快（7.5% vs 3.1%），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs 7.8%）
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。
Voya Financial是总部位于美国纽约的金融服务机构，业务覆盖退休规划、投资管理及保险领域。其前身为ING集团美国运营子公司，2013年完成分拆并通过首次公开募股获得独立资金支持，2014年4月正式启用Voya Financial品牌，旗下前身机构最早在1970年代就已进入美国市场。
DOC vs VOYA — 直观对比
营收规模更大
DOC
是对方的1.2倍
$603.0M
营收增速更快
VOYA
高出4.4%
3.1%
净利率更高
DOC
高出50.0%
23.2%
两年增速更快
DOC
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $603.0M |
| 净利润 | $114.0M | $140.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | 28.0% |
| 净利率 | 73.2% | 23.2% |
| 营收同比 | 3.1% | 7.5% |
| 净利润同比 | 2406.4% | 44.3% |
| 每股收益（稀释后） | $0.16 | $1.41 |
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DOCVOYA
| Q4 25 | $719.4M | $603.0M | ||
| Q3 25 | $705.9M | $572.0M | ||
| Q2 25 | $694.3M | $542.0M | ||
| Q1 25 | $702.9M | $538.0M | ||
| Q4 24 | $698.0M | $561.0M | ||
| Q3 24 | $700.4M | $542.0M | ||
| Q2 24 | $695.5M | $528.0M | ||
| Q1 24 | $606.6M | $519.0M |
净利润DOCVOYA
| Q4 25 | $114.0M | $140.0M | ||
| Q3 25 | $-117.1M | $192.0M | ||
| Q2 25 | $31.7M | $166.0M | ||
| Q1 25 | $42.8M | $156.0M | ||
| Q4 24 | $4.5M | $97.0M | ||
| Q3 24 | $85.9M | $114.0M | ||
| Q2 24 | $146.0M | $205.0M | ||
| Q1 24 | $6.7M | $251.0M |
毛利率DOCVOYA
| 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DOCVOYA
| Q4 25 | 17.4% | 28.0% | ||
| Q3 25 | 9.2% | 53.7% | ||
| Q2 25 | 5.7% | 34.7% | ||
| Q1 25 | 7.7% | 32.2% | ||
| Q4 24 | -2.2% | 21.4% | ||
| Q3 24 | 14.1% | 21.4% | ||
| Q2 24 | 22.3% | 52.3% | ||
| Q1 24 | 3.7% | 55.3% |
净利率DOCVOYA
| Q4 25 | 73.2% | 23.2% | ||
| Q3 25 | -16.6% | 33.6% | ||
| Q2 25 | 4.6% | 30.6% | ||
| Q1 25 | 6.1% | 29.0% | ||
| Q4 24 | 0.7% | 17.3% | ||
| Q3 24 | 12.3% | 21.0% | ||
| Q2 24 | 21.0% | 38.8% | ||
| Q1 24 | 1.1% | 48.4% |
每股收益（稀释后）DOCVOYA
| Q4 25 | $0.16 | $1.41 | ||
| Q3 25 | $-0.17 | $1.80 | ||
| Q2 25 | $0.05 | $1.66 | ||
| Q1 25 | $0.06 | $1.42 | ||
| Q4 24 | $0.02 | $0.99 | ||
| Q3 24 | $0.12 | $0.98 | ||
| Q2 24 | $0.21 | $1.96 | ||
| Q1 24 | $0.01 | $2.24 |
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 | — |
| 总债务越低越好 | $9.8B | $2.1B |
| 股东权益账面价值 | $7.5B | $5.0B |
| 总资产 | $20.3B | $178.9B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资DOCVOYA
| Q4 25 | $467.5M | — | ||
| Q3 25 | $91.0M | — | ||
| Q2 25 | $89.4M | — | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | $119.8M | — | ||
| Q3 24 | $180.4M | — | ||
| Q2 24 | $106.9M | — | ||
| Q1 24 | $101.8M | — |
总债务DOCVOYA
| Q4 25 | $9.8B | $2.1B | ||
| Q3 25 | $9.1B | $2.1B | ||
| Q2 25 | $9.0B | $2.1B | ||
| Q1 25 | $8.9B | $2.1B | ||
| Q4 24 | $8.7B | $2.5B | ||
| Q3 24 | $8.6B | $2.5B | ||
| Q2 24 | $8.6B | $2.1B | ||
| Q1 24 | $8.8B | $2.1B |
股东权益DOCVOYA
| Q4 25 | $7.5B | $5.0B | ||
| Q3 25 | $7.6B | $5.0B | ||
| Q2 25 | $7.9B | $4.6B | ||
| Q1 25 | $8.2B | $4.4B | ||
| Q4 24 | $8.4B | $4.0B | ||
| Q3 24 | $8.6B | $4.7B | ||
| Q2 24 | $8.8B | $4.0B | ||
| Q1 24 | $8.9B | $4.2B |
总资产DOCVOYA
| Q4 25 | $20.3B | $178.9B | ||
| Q3 25 | $19.6B | $177.4B | ||
| Q2 25 | $19.8B | $172.4B | ||
| Q1 25 | $19.8B | $163.9B | ||
| Q4 24 | $19.9B | $163.9B | ||
| Q3 24 | $20.0B | $166.9B | ||
| Q2 24 | $20.2B | $161.3B | ||
| Q1 24 | $20.5B | $161.6B |
负债/权益比DOCVOYA
| Q4 25 | 1.31× | 0.42× | ||
| Q3 25 | 1.20× | 0.42× | ||
| Q2 25 | 1.14× | 0.45× | ||
| Q1 25 | 1.08× | 0.48× | ||
| Q4 24 | 1.04× | 0.62× | ||
| Q3 24 | 1.00× | 0.53× | ||
| Q2 24 | 0.98× | 0.52× | ||
| Q1 24 | 0.99× | 0.51× |
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 | $557.0M |
| 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× | 3.98× |
| 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DOCVOYA
| Q4 25 | $1.3B | $557.0M | ||
| Q3 25 | $315.0M | $168.0M | ||
| Q2 25 | $363.5M | $742.0M | ||
| Q1 25 | $279.4M | $-179.0M | ||
| Q4 24 | $1.1B | $79.0M | ||
| Q3 24 | $318.2M | $719.0M | ||
| Q2 24 | $316.2M | $316.0M | ||
| Q1 24 | $152.6M | $231.0M |
自由现金流DOCVOYA
| Q4 25 | $357.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率DOCVOYA
| Q4 25 | 49.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度DOCVOYA
| Q4 25 | 124.4% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率DOCVOYA
| Q4 25 | 10.99× | 3.98× | ||
| Q3 25 | — | 0.88× | ||
| Q2 25 | 11.48× | 4.47× | ||
| Q1 25 | 6.52× | -1.15× | ||
| Q4 24 | 235.43× | 0.81× | ||
| Q3 24 | 3.71× | 6.31× | ||
| Q2 24 | 2.17× | 1.54× | ||
| Q1 24 | 22.85× | 0.92× |
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
VOYA
| Other | $295.0M | 49% |
| Investment Management Segment | $274.0M | 45% |
| Distribution Fees Member | $34.0M | 6% |
