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DigitalOcean Holdings, Inc.（DOCN）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
MACERICH CO的季度营收约是DigitalOcean Holdings, Inc.的1.1倍（$261.7M vs $242.4M），DigitalOcean Holdings, Inc.净利率更高（10.6% vs -7.2%，领先17.8%），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs -4.4%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 12.0%）
DigitalOcean Holdings, Inc.是美国跨国科技企业及云服务提供商，总部位于美国科罗拉多州布鲁姆菲尔德，在全球布局15个数据中心，面向开发者、初创企业及中小微企业提供稳定易用的云基础设施即服务平台，助力各类技术团队高效开展业务。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
DOCN vs MAC — 直观对比
营收规模更大
MAC
是对方的1.1倍
$242.4M
营收增速更快
DOCN
高出22.7%
-4.4%
净利率更高
DOCN
高出17.8%
-7.2%
两年增速更快
DOCN
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $261.7M |
| 净利润 | $25.7M | $-18.8M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | — |
| 净利率 | 10.6% | -7.2% |
| 营收同比 | 18.3% | -4.4% |
| 净利润同比 | 40.5% | 91.1% |
| 每股收益（稀释后） | $0.23 | $-0.08 |
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DOCNMAC
| Q4 25 | $242.4M | $261.7M | ||
| Q3 25 | $229.6M | $253.3M | ||
| Q2 25 | $218.7M | $249.8M | ||
| Q1 25 | $210.7M | $249.2M | ||
| Q4 24 | $204.9M | $273.7M | ||
| Q3 24 | $198.5M | $220.2M | ||
| Q2 24 | $192.5M | $215.5M | ||
| Q1 24 | $184.7M | $208.8M |
净利润DOCNMAC
| Q4 25 | $25.7M | $-18.8M | ||
| Q3 25 | $158.4M | $-87.4M | ||
| Q2 25 | $37.0M | $-40.9M | ||
| Q1 25 | $38.2M | $-50.1M | ||
| Q4 24 | $18.3M | $-211.2M | ||
| Q3 24 | $32.9M | $-108.2M | ||
| Q2 24 | $19.1M | $252.0M | ||
| Q1 24 | $14.1M | $-126.7M |
毛利率DOCNMAC
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 61.0% | — | ||
| Q1 24 | 60.7% | — |
营业利润率DOCNMAC
| Q4 25 | 16.0% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 16.3% | — | ||
| Q1 25 | 17.9% | — | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 11.6% | — | ||
| Q1 24 | 6.2% | — |
净利率DOCNMAC
| Q4 25 | 10.6% | -7.2% | ||
| Q3 25 | 69.0% | -34.5% | ||
| Q2 25 | 16.9% | -16.4% | ||
| Q1 25 | 18.1% | -20.1% | ||
| Q4 24 | 8.9% | -77.2% | ||
| Q3 24 | 16.6% | -49.1% | ||
| Q2 24 | 9.9% | 116.9% | ||
| Q1 24 | 7.7% | -60.7% |
每股收益（稀释后）DOCNMAC
| Q4 25 | $0.23 | $-0.08 | ||
| Q3 25 | $1.51 | $-0.34 | ||
| Q2 25 | $0.39 | $-0.16 | ||
| Q1 25 | $0.39 | $-0.20 | ||
| Q4 24 | $0.21 | $-0.95 | ||
| Q3 24 | $0.33 | $-0.50 | ||
| Q2 24 | $0.20 | $1.16 | ||
| Q1 24 | $0.15 | $-0.59 |
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 | $254.5M | $280.2M |
| 总债务越低越好 | $1.3B | $5.1B |
| 股东权益账面价值 | $-28.7M | $2.4B |
| 总资产 | $1.8B | $8.4B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资DOCNMAC
| Q4 25 | $254.5M | $280.2M | ||
| Q3 25 | $236.6M | $290.2M | ||
| Q2 25 | $387.7M | $131.1M | ||
| Q1 25 | $360.4M | $253.2M | ||
| Q4 24 | $428.4M | $89.9M | ||
| Q3 24 | $439.9M | $116.5M | ||
| Q2 24 | $443.1M | $70.7M | ||
| Q1 24 | $419.1M | $120.1M |
总债务DOCNMAC
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.3B | $5.1B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | $1.5B | $4.9B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.1B |
股东权益DOCNMAC
| Q4 25 | $-28.7M | $2.4B | ||
| Q3 25 | $-69.6M | $2.5B | ||
| Q2 25 | $-175.2M | $2.6B | ||
| Q1 25 | $-210.7M | $2.7B | ||
| Q4 24 | $-203.0M | $2.8B | ||
| Q3 24 | $-211.7M | $2.5B | ||
| Q2 24 | $-253.8M | $2.5B | ||
| Q1 24 | $-286.1M | $2.3B |
总资产DOCNMAC
| Q4 25 | $1.8B | $8.4B | ||
| Q3 25 | $1.7B | $8.4B | ||
| Q2 25 | $1.7B | $8.7B | ||
| Q1 25 | $1.6B | $8.7B | ||
| Q4 24 | $1.6B | $8.6B | ||
| Q3 24 | $1.5B | $7.6B | ||
| Q2 24 | $1.5B | $7.8B | ||
| Q1 24 | $1.5B | $7.4B |
负债/权益比DOCNMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.79× |
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 | $57.3M | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 10.8% | — |
| 现金转化率经营现金流/净利润 | 2.23× | — |
| 过去12个月自由现金流最近4个季度 | $180.5M | — |
8季度趋势，按日历期对齐
经营现金流DOCNMAC
| Q4 25 | $57.3M | $50.2M | ||
| Q3 25 | $95.8M | $112.4M | ||
| Q2 25 | $92.4M | $70.5M | ||
| Q1 25 | $64.1M | $88.5M | ||
| Q4 24 | $71.3M | $54.9M | ||
| Q3 24 | $73.4M | $100.0M | ||
| Q2 24 | $71.3M | $67.4M | ||
| Q1 24 | $66.7M | $61.1M |
自由现金流DOCNMAC
| Q4 25 | $31.1M | — | ||
| Q3 25 | $88.0M | — | ||
| Q2 25 | $59.3M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $26.1M | — | ||
| Q3 24 | $16.0M | — | ||
| Q2 24 | $39.5M | — | ||
| Q1 24 | $23.0M | — |
自由现金流率DOCNMAC
| Q4 25 | 12.8% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 27.1% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | 12.5% | — |
资本支出强度DOCNMAC
| Q4 25 | 10.8% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 23.6% | — |
现金转化率DOCNMAC
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 2.50× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 3.91× | — | ||
| Q3 24 | 2.23× | — | ||
| Q2 24 | 3.73× | 0.27× | ||
| Q1 24 | 4.72× | — |
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
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
MAC
暂无分部数据
