vs
Healthpeak Properties（DOC）与WillScot Holdings Corp（WSC）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WillScot Holdings Corp的1.3倍（$719.4M vs $566.0M），Healthpeak Properties净利率更高（73.2% vs -33.1%，领先106.3%），Healthpeak Properties同比增速更快（3.1% vs -6.1%），Healthpeak Properties自由现金流更多（$357.0M vs $149.7M），过去两年Healthpeak Properties的营收复合增速更高（8.9% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
DOC vs WSC — 直观对比
营收规模更大
DOC
是对方的1.3倍
$566.0M
营收增速更快
DOC
高出9.1%
-6.1%
净利率更高
DOC
高出106.3%
-33.1%
自由现金流更多
DOC
多$207.3M
$149.7M
两年增速更快
DOC
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $566.0M |
| 净利润 | $114.0M | $-187.3M |
| 毛利率 | — | 50.4% |
| 营业利润率 | 17.4% | -32.5% |
| 净利率 | 73.2% | -33.1% |
| 营收同比 | 3.1% | -6.1% |
| 净利润同比 | 2406.4% | -310.0% |
| 每股收益（稀释后） | $0.16 | $-1.02 |
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DOCWSC
| Q4 25 | $719.4M | $566.0M | ||
| Q3 25 | $705.9M | $566.8M | ||
| Q2 25 | $694.3M | $589.1M | ||
| Q1 25 | $702.9M | $559.6M | ||
| Q4 24 | $698.0M | $602.5M | ||
| Q3 24 | $700.4M | $601.4M | ||
| Q2 24 | $695.5M | $604.6M | ||
| Q1 24 | $606.6M | $587.2M |
净利润DOCWSC
| Q4 25 | $114.0M | $-187.3M | ||
| Q3 25 | $-117.1M | $43.3M | ||
| Q2 25 | $31.7M | $47.9M | ||
| Q1 25 | $42.8M | $43.1M | ||
| Q4 24 | $4.5M | $89.2M | ||
| Q3 24 | $85.9M | $-70.5M | ||
| Q2 24 | $146.0M | $-46.9M | ||
| Q1 24 | $6.7M | $56.2M |
毛利率DOCWSC
| Q4 25 | — | 50.4% | ||
| Q3 25 | 58.6% | 49.7% | ||
| Q2 25 | 60.2% | 50.3% | ||
| Q1 25 | 61.1% | 53.7% | ||
| Q4 24 | 60.3% | 55.8% | ||
| Q3 24 | 60.0% | 53.5% | ||
| Q2 24 | 60.6% | 54.1% | ||
| Q1 24 | 59.8% | 54.0% |
营业利润率DOCWSC
| Q4 25 | 17.4% | -32.5% | ||
| Q3 25 | 9.2% | 21.0% | ||
| Q2 25 | 5.7% | 21.5% | ||
| Q1 25 | 7.7% | 21.3% | ||
| Q4 24 | -2.2% | 28.9% | ||
| Q3 24 | 14.1% | -5.9% | ||
| Q2 24 | 22.3% | -0.9% | ||
| Q1 24 | 3.7% | 22.1% |
净利率DOCWSC
| Q4 25 | 73.2% | -33.1% | ||
| Q3 25 | -16.6% | 7.6% | ||
| Q2 25 | 4.6% | 8.1% | ||
| Q1 25 | 6.1% | 7.7% | ||
| Q4 24 | 0.7% | 14.8% | ||
| Q3 24 | 12.3% | -11.7% | ||
| Q2 24 | 21.0% | -7.7% | ||
| Q1 24 | 1.1% | 9.6% |
每股收益（稀释后）DOCWSC
| Q4 25 | $0.16 | $-1.02 | ||
| Q3 25 | $-0.17 | $0.24 | ||
| Q2 25 | $0.05 | $0.26 | ||
| Q1 25 | $0.06 | $0.23 | ||
| Q4 24 | $0.02 | $0.48 | ||
| Q3 24 | $0.12 | $-0.37 | ||
| Q2 24 | $0.21 | $-0.25 | ||
| Q1 24 | $0.01 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | $9.8B | $3.6B |
| 股东权益账面价值 | $7.5B | $856.3M |
| 总资产 | $20.3B | $5.8B |
| 负债/权益比越低杠杆越低 | 1.31× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资DOCWSC
| Q4 25 | $467.5M | $14.6M | ||
| Q3 25 | $91.0M | $14.8M | ||
| Q2 25 | $89.4M | $12.8M | ||
| Q1 25 | $70.6M | $10.7M | ||
| Q4 24 | $119.8M | $9.0M | ||
| Q3 24 | $180.4M | $11.0M | ||
| Q2 24 | $106.9M | $5.9M | ||
| Q1 24 | $101.8M | $13.1M |
总债务DOCWSC
| Q4 25 | $9.8B | $3.6B | ||
| Q3 25 | $9.1B | $3.6B | ||
| Q2 25 | $9.0B | $3.7B | ||
| Q1 25 | $8.9B | $3.6B | ||
| Q4 24 | $8.7B | $3.7B | ||
| Q3 24 | $8.6B | $3.6B | ||
| Q2 24 | $8.6B | $3.5B | ||
| Q1 24 | $8.8B | $3.5B |
股东权益DOCWSC
| Q4 25 | $7.5B | $856.3M | ||
| Q3 25 | $7.6B | $1.1B | ||
| Q2 25 | $7.9B | $1.0B | ||
| Q1 25 | $8.2B | $1.0B | ||
| Q4 24 | $8.4B | $1.0B | ||
| Q3 24 | $8.6B | $1.1B | ||
| Q2 24 | $8.8B | $1.2B | ||
| Q1 24 | $8.9B | $1.3B |
总资产DOCWSC
| Q4 25 | $20.3B | $5.8B | ||
| Q3 25 | $19.6B | $6.1B | ||
| Q2 25 | $19.8B | $6.1B | ||
| Q1 25 | $19.8B | $6.0B | ||
| Q4 24 | $19.9B | $6.0B | ||
| Q3 24 | $20.0B | $6.0B | ||
| Q2 24 | $20.2B | $6.0B | ||
| Q1 24 | $20.5B | $6.2B |
负债/权益比DOCWSC
| Q4 25 | 1.31× | 4.15× | ||
| Q3 25 | 1.20× | 3.39× | ||
| Q2 25 | 1.14× | 3.55× | ||
| Q1 25 | 1.08× | 3.56× | ||
| Q4 24 | 1.04× | 3.62× | ||
| Q3 24 | 1.00× | 3.42× | ||
| Q2 24 | 0.98× | 2.88× | ||
| Q1 24 | 0.99× | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $149.7M |
| 自由现金流率自由现金流/营收 | 49.6% | 26.5% |
| 资本支出强度资本支出/营收 | 124.4% | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流DOCWSC
| Q4 25 | $1.3B | $158.9M | ||
| Q3 25 | $315.0M | $191.2M | ||
| Q2 25 | $363.5M | $205.3M | ||
| Q1 25 | $279.4M | $206.6M | ||
| Q4 24 | $1.1B | $178.9M | ||
| Q3 24 | $318.2M | $-1.6M | ||
| Q2 24 | $316.2M | $175.6M | ||
| Q1 24 | $152.6M | $208.7M |
自由现金流DOCWSC
| Q4 25 | $357.0M | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | — | $202.0M | ||
| Q4 24 | $333.7M | $176.6M | ||
| Q3 24 | — | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | — | $202.1M |
自由现金流率DOCWSC
| Q4 25 | 49.6% | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | 47.8% | 29.3% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | — | 34.4% |
资本支出强度DOCWSC
| Q4 25 | 124.4% | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | 105.6% | 0.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 1.1% |
现金转化率DOCWSC
| Q4 25 | 10.99× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | 11.48× | 4.28× | ||
| Q1 25 | 6.52× | 4.80× | ||
| Q4 24 | 235.43× | 2.01× | ||
| Q3 24 | 3.71× | — | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | 22.85× | 3.71× |
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
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
