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Healthpeak Properties（DOC）与WINNEBAGO INDUSTRIES INC（WGO）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WINNEBAGO INDUSTRIES INC的1.0倍（$702.9M vs $702.7M），Healthpeak Properties净利率更高（51.6% vs 0.8%，领先50.9%），WINNEBAGO INDUSTRIES INC同比增速更快（12.3% vs -6.6%），过去两年Healthpeak Properties的营收复合增速更高（0.5% vs -4.5%）
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。
温尼贝戈工业是美国知名的房车制造商，主营 recreational vehicle（ recreational vehicle 即休闲旅居车）生产制造，2018年收购克里斯-克拉夫特公司后进军摩托艇制造领域，企业也曾产出中轻型多用途车等相关产品，公司名称源自其原总部所在地爱荷华州的温纳贝戈县。
DOC vs WGO — 直观对比
营收规模更大
DOC
是对方的1.0倍
$702.7M
营收增速更快
WGO
高出19.0%
-6.6%
净利率更高
DOC
高出50.9%
0.8%
两年增速更快
DOC
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $702.9M | $702.7M |
| 净利润 | $363.0M | $5.5M |
| 毛利率 | — | 12.7% |
| 营业利润率 | 0.7% | 2.0% |
| 净利率 | 51.6% | 0.8% |
| 营收同比 | -6.6% | 12.3% |
| 净利润同比 | 28.3% | 205.8% |
| 每股收益（稀释后） | $0.28 | $0.19 |
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DOCWGO
| Q1 26 | $702.9M | — | ||
| Q4 25 | $719.4M | $702.7M | ||
| Q3 25 | $705.9M | — | ||
| Q2 25 | $694.3M | $775.1M | ||
| Q1 25 | $702.9M | — | ||
| Q4 24 | $698.0M | $625.6M | ||
| Q3 24 | $700.4M | $720.9M | ||
| Q2 24 | $695.5M | $786.0M |
净利润DOCWGO
| Q1 26 | $363.0M | — | ||
| Q4 25 | $114.0M | $5.5M | ||
| Q3 25 | $-117.1M | — | ||
| Q2 25 | $31.7M | $17.6M | ||
| Q1 25 | $42.8M | — | ||
| Q4 24 | $4.5M | $-5.2M | ||
| Q3 24 | $85.9M | $-29.1M | ||
| Q2 24 | $146.0M | $29.0M |
毛利率DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | — | 12.7% | ||
| Q3 25 | 58.6% | — | ||
| Q2 25 | 60.2% | 13.7% | ||
| Q1 25 | 61.1% | — | ||
| Q4 24 | 60.3% | 12.3% | ||
| Q3 24 | 60.0% | 13.1% | ||
| Q2 24 | 60.6% | 15.0% |
营业利润率DOCWGO
| Q1 26 | 0.7% | — | ||
| Q4 25 | 17.4% | 2.0% | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 5.7% | 3.9% | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | -2.2% | -0.1% | ||
| Q3 24 | 14.1% | -2.5% | ||
| Q2 24 | 22.3% | 5.5% |
净利率DOCWGO
| Q1 26 | 51.6% | — | ||
| Q4 25 | 73.2% | 0.8% | ||
| Q3 25 | -16.6% | — | ||
| Q2 25 | 4.6% | 2.3% | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 0.7% | -0.8% | ||
| Q3 24 | 12.3% | -4.0% | ||
| Q2 24 | 21.0% | 3.7% |
每股收益（稀释后）DOCWGO
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.16 | $0.19 | ||
| Q3 25 | $-0.17 | — | ||
| Q2 25 | $0.05 | $0.62 | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.02 | $-0.18 | ||
| Q3 24 | $0.12 | $-0.87 | ||
| Q2 24 | $0.21 | $0.96 |
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 | $-1.2B | $181.7M |
| 总债务越低越好 | — | $541.0M |
| 股东权益账面价值 | $7.8B | $1.2B |
| 总资产 | $21.6B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资DOCWGO
| Q1 26 | $-1.2B | — | ||
| Q4 25 | $467.5M | $181.7M | ||
| Q3 25 | $91.0M | — | ||
| Q2 25 | $89.4M | $10.5M | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | $119.8M | $262.5M | ||
| Q3 24 | $180.4M | $330.9M | ||
| Q2 24 | $106.9M | $318.1M |
总债务DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | $9.8B | $541.0M | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $9.0B | $539.9M | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.7B | $637.7M | ||
| Q3 24 | $8.6B | $637.1M | ||
| Q2 24 | $8.6B | $636.4M |
股东权益DOCWGO
| Q1 26 | $7.8B | — | ||
| Q4 25 | $7.5B | $1.2B | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.9B | $1.2B | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.4B | $1.2B | ||
| Q3 24 | $8.6B | $1.3B | ||
| Q2 24 | $8.8B | $1.3B |
总资产DOCWGO
| Q1 26 | $21.6B | — | ||
| Q4 25 | $20.3B | $2.1B | ||
| Q3 25 | $19.6B | — | ||
| Q2 25 | $19.8B | $2.1B | ||
| Q1 25 | $19.8B | — | ||
| Q4 24 | $19.9B | $2.3B | ||
| Q3 24 | $20.0B | $2.4B | ||
| Q2 24 | $20.2B | $2.4B |
负债/权益比DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 0.44× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.14× | 0.44× | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.04× | 0.51× | ||
| Q3 24 | 1.00× | 0.50× | ||
| Q2 24 | 0.98× | 0.48× |
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 | — | $25.4M |
| 自由现金流经营现金流 - 资本支出 | — | $19.8M |
| 自由现金流率自由现金流/营收 | — | 2.8% |
| 资本支出强度资本支出/营收 | 3.4% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 4.62× |
| 过去12个月自由现金流最近4个季度 | — | $-32.4M |
8季度趋势，按日历期对齐
经营现金流DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $25.4M | ||
| Q3 25 | $315.0M | — | ||
| Q2 25 | $363.5M | $-35.8M | ||
| Q1 25 | $279.4M | — | ||
| Q4 24 | $1.1B | $-16.7M | ||
| Q3 24 | $318.2M | $40.7M | ||
| Q2 24 | $316.2M | $99.4M |
自由现金流DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | $357.0M | $19.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-55.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | $333.7M | $-26.7M | ||
| Q3 24 | — | $29.5M | ||
| Q2 24 | — | $88.4M |
自由现金流率DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | 49.6% | 2.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -7.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.8% | -4.3% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 11.2% |
资本支出强度DOCWGO
| Q1 26 | 3.4% | — | ||
| Q4 25 | 124.4% | 0.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | 105.6% | 1.6% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.4% |
现金转化率DOCWGO
| Q1 26 | — | — | ||
| Q4 25 | 10.99× | 4.62× | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.48× | -2.03× | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | 235.43× | — | ||
| Q3 24 | 3.71× | — | ||
| Q2 24 | 2.17× | 3.43× |
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
| Outpatient Medical | $320.5M | 46% |
| Lab | $217.6M | 31% |
| Senior Housing | $148.9M | 21% |
| Other | $14.3M | 2% |
| Corporate Non-segment | $1.5M | 0% |
WGO
| Travel Trailer | $139.2M | 20% |
| Class C And Other | $131.0M | 19% |
| Fifth Wheel | $116.0M | 17% |
| Class A | $97.4M | 14% |
| Marine Segment | $79.2M | 11% |
| Class B | $76.3M | 11% |
| Other | $56.4M | 8% |
