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Healthpeak Properties（DOC）与ZIONS BANCORPORATION, NATIONAL ASSOCIATION（ZION）财务数据对比。点击上方公司名可切换其他公司
ZIONS BANCORPORATION, NATIONAL ASSOCIATION的季度营收约是Healthpeak Properties的1.2倍（$891.0M vs $719.4M），Healthpeak Properties净利率更高（73.2% vs 29.5%，领先43.7%），ZIONS BANCORPORATION, NATIONAL ASSOCIATION同比增速更快（8.7% vs 3.1%），ZIONS BANCORPORATION, NATIONAL ASSOCIATION自由现金流更多（$952.0M vs $357.0M），过去两年ZIONS BANCORPORATION, NATIONAL ASSOCIATION的营收复合增速更高（9.6% 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。
Zions Bancorporation是总部位于美国犹他州盐湖城的全国性银行，并非银行控股公司。旗下共运营七大银行品牌，包括Zions银行、德州Amegy银行、加州信托银行、亚利桑那国家银行、内华达州立银行、科罗拉多Vectra银行及华盛顿商业银行，业务覆盖美国多地。
DOC vs ZION — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $719.4M | $891.0M |
| 净利润 | $114.0M | $263.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.4% | — |
| 净利率 | 73.2% | 29.5% |
| 营收同比 | 3.1% | 8.7% |
| 净利润同比 | 2406.4% | 21.8% |
| 每股收益（稀释后） | $0.16 | $1.77 |
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 | $891.0M | ||
| Q3 25 | $705.9M | $861.0M | ||
| Q2 25 | $694.3M | $838.0M | ||
| Q1 25 | $702.9M | $795.0M | ||
| Q4 24 | $698.0M | $820.0M | ||
| Q3 24 | $700.4M | $792.0M | ||
| Q2 24 | $695.5M | $777.0M | ||
| Q1 24 | $606.6M | $742.0M |
| Q4 25 | $114.0M | $263.0M | ||
| Q3 25 | $-117.1M | $222.0M | ||
| Q2 25 | $31.7M | $244.0M | ||
| Q1 25 | $42.8M | $170.0M | ||
| Q4 24 | $4.5M | $216.0M | ||
| Q3 24 | $85.9M | $214.0M | ||
| Q2 24 | $146.0M | $201.0M | ||
| Q1 24 | $6.7M | $153.0M |
| 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% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | 14.1% | — | ||
| Q2 24 | 22.3% | — | ||
| Q1 24 | 3.7% | — |
| Q4 25 | 73.2% | 29.5% | ||
| Q3 25 | -16.6% | 25.8% | ||
| Q2 25 | 4.6% | 29.1% | ||
| Q1 25 | 6.1% | 21.4% | ||
| Q4 24 | 0.7% | 26.3% | ||
| Q3 24 | 12.3% | 27.0% | ||
| Q2 24 | 21.0% | 25.9% | ||
| Q1 24 | 1.1% | 20.6% |
| Q4 25 | $0.16 | $1.77 | ||
| Q3 25 | $-0.17 | $1.48 | ||
| Q2 25 | $0.05 | $1.63 | ||
| Q1 25 | $0.06 | $1.13 | ||
| Q4 24 | $0.02 | $1.34 | ||
| Q3 24 | $0.12 | $1.37 | ||
| Q2 24 | $0.21 | $1.28 | ||
| Q1 24 | $0.01 | $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 | $467.5M | — |
| 总债务越低越好 | $9.8B | $1.5B |
| 股东权益账面价值 | $7.5B | $7.2B |
| 总资产 | $20.3B | $89.0B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.21× |
8季度趋势，按日历期对齐
| 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 | — |
| Q4 25 | $9.8B | $1.5B | ||
| Q3 25 | $9.1B | $1.5B | ||
| Q2 25 | $9.0B | $970.0M | ||
| Q1 25 | $8.9B | $964.0M | ||
| Q4 24 | $8.7B | $950.0M | ||
| Q3 24 | $8.6B | $548.0M | ||
| Q2 24 | $8.6B | $546.0M | ||
| Q1 24 | $8.8B | $544.0M |
| Q4 25 | $7.5B | $7.2B | ||
| Q3 25 | $7.6B | $6.9B | ||
| Q2 25 | $7.9B | $6.6B | ||
| Q1 25 | $8.2B | $6.3B | ||
| Q4 24 | $8.4B | $6.1B | ||
| Q3 24 | $8.6B | $6.4B | ||
| Q2 24 | $8.8B | $6.0B | ||
| Q1 24 | $8.9B | $5.8B |
| Q4 25 | $20.3B | $89.0B | ||
| Q3 25 | $19.6B | $88.5B | ||
| Q2 25 | $19.8B | $88.9B | ||
| Q1 25 | $19.8B | $88.0B | ||
| Q4 24 | $19.9B | $88.8B | ||
| Q3 24 | $20.0B | $87.0B | ||
| Q2 24 | $20.2B | $87.6B | ||
| Q1 24 | $20.5B | $87.1B |
| Q4 25 | 1.31× | 0.21× | ||
| Q3 25 | 1.20× | 0.21× | ||
| Q2 25 | 1.14× | 0.15× | ||
| Q1 25 | 1.08× | 0.15× | ||
| Q4 24 | 1.04× | 0.16× | ||
| Q3 24 | 1.00× | 0.09× | ||
| Q2 24 | 0.98× | 0.09× | ||
| Q1 24 | 0.99× | 0.09× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $357.0M | $952.0M |
| 自由现金流率自由现金流/营收 | 49.6% | 106.8% |
| 资本支出强度资本支出/营收 | 124.4% | 13.6% |
| 现金转化率经营现金流/净利润 | 10.99× | 4.08× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $315.0M | $438.0M | ||
| Q2 25 | $363.5M | $-62.0M | ||
| Q1 25 | $279.4M | $179.0M | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $318.2M | $119.0M | ||
| Q2 24 | $316.2M | $251.0M | ||
| Q1 24 | $152.6M | $261.0M |
| Q4 25 | $357.0M | $952.0M | ||
| Q3 25 | — | $413.0M | ||
| Q2 25 | — | $-93.0M | ||
| Q1 25 | — | $152.0M | ||
| Q4 24 | $333.7M | $1.1B | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $234.0M | ||
| Q1 24 | — | $231.0M |
| Q4 25 | 49.6% | 106.8% | ||
| Q3 25 | — | 48.0% | ||
| Q2 25 | — | -11.1% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | 47.8% | 128.2% | ||
| Q3 24 | — | 12.2% | ||
| Q2 24 | — | 30.1% | ||
| Q1 24 | — | 31.1% |
| Q4 25 | 124.4% | 13.6% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | 105.6% | 11.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 10.99× | 4.08× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | 11.48× | -0.25× | ||
| Q1 25 | 6.52× | 1.05× | ||
| Q4 24 | 235.43× | 5.31× | ||
| Q3 24 | 3.71× | 0.56× | ||
| Q2 24 | 2.17× | 1.25× | ||
| Q1 24 | 22.85× | 1.71× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
