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固铂轮胎（GT）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
固铂轮胎的季度营收约是Welltower的1.5倍（$4.9B vs $3.4B），Welltower净利率更高（22.4% vs 2.1%，领先20.3%），Welltower同比增速更快（38.3% vs -0.6%），过去两年Welltower的营收复合增速更高（55.1% vs 4.1%）
固铂轮胎橡胶公司是美国知名轮胎企业，专注于乘用车、卡车替换轮胎的设计、生产、营销与销售，旗下子公司还覆盖中型卡车、摩托车及赛车轮胎业务。公司总部位于俄亥俄州芬德利，在全球拥有60处制造、销售、配送、技术及研发设计基地，旗下还拥有英国雅芳轮胎品牌，生产摩托车等品类的轮胎产品。
Welltower Inc.是一家专注于医疗基础设施领域的房地产投资信托企业，核心业务为医疗类地产投资运营。截至2022年12月31日，公司投资的物业总量约3000处，全部布局于美国、加拿大及英国市场，是全球医疗地产投资领域的代表性企业之一。
GT vs WELL — 直观对比
营收规模更大
GT
是对方的1.5倍
$3.4B
营收增速更快
WELL
高出38.9%
-0.6%
净利率更高
WELL
高出20.3%
2.1%
两年增速更快
WELL
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $3.4B |
| 净利润 | $105.0M | $752.3M |
| 毛利率 | 20.9% | — |
| 营业利润率 | 3.3% | — |
| 净利率 | 2.1% | 22.4% |
| 营收同比 | -0.6% | 38.3% |
| 净利润同比 | 43.8% | 192.4% |
| 每股收益（稀释后） | $0.36 | — |
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GTWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.9B | $2.6B | ||
| Q3 25 | $4.6B | $2.1B | ||
| Q2 25 | $4.5B | $2.0B | ||
| Q1 25 | $4.3B | $1.9B | ||
| Q4 24 | $4.9B | $1.8B | ||
| Q3 24 | $4.8B | $1.5B | ||
| Q2 24 | $4.6B | $1.4B |
净利润GTWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $105.0M | $117.8M | ||
| Q3 25 | $-2.2B | $282.2M | ||
| Q2 25 | $254.0M | $304.6M | ||
| Q1 25 | $115.0M | $257.3M | ||
| Q4 24 | $73.0M | $123.8M | ||
| Q3 24 | $-37.0M | $456.8M | ||
| Q2 24 | $79.0M | $260.7M |
毛利率GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 20.9% | 24.3% | ||
| Q3 25 | 18.2% | 23.5% | ||
| Q2 25 | 17.0% | 23.2% | ||
| Q1 25 | 17.4% | 21.6% | ||
| Q4 24 | 19.9% | 20.0% | ||
| Q3 24 | 19.5% | 19.8% | ||
| Q2 24 | 20.6% | 20.2% |
营业利润率GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | — | ||
| Q3 25 | -15.8% | 14.2% | ||
| Q2 25 | 6.8% | 15.1% | ||
| Q1 25 | 3.1% | 10.7% | ||
| Q4 24 | 1.5% | 6.2% | ||
| Q3 24 | -0.6% | 12.2% | ||
| Q2 24 | 2.9% | 6.5% |
净利率GTWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 2.1% | 4.6% | ||
| Q3 25 | -47.3% | 13.7% | ||
| Q2 25 | 5.7% | 15.5% | ||
| Q1 25 | 2.7% | 13.8% | ||
| Q4 24 | 1.5% | 7.0% | ||
| Q3 24 | -0.8% | 30.2% | ||
| Q2 24 | 1.7% | 18.7% |
每股收益（稀释后）GTWELL
| Q1 26 | — | — | ||
| Q4 25 | $0.36 | $0.13 | ||
| Q3 25 | $-7.62 | $0.41 | ||
| Q2 25 | $0.87 | $0.45 | ||
| Q1 25 | $0.40 | $0.40 | ||
| Q4 24 | $0.25 | $0.20 | ||
| Q3 24 | $-0.13 | $0.73 | ||
| Q2 24 | $0.28 | $0.42 |
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 | $801.0M | $4.7B |
| 总债务越低越好 | $5.3B | — |
| 股东权益账面价值 | $3.2B | $44.7B |
| 总资产 | $18.2B | $67.2B |
| 负债/权益比越低杠杆越低 | 1.65× | — |
8季度趋势，按日历期对齐
现金及短期投资GTWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $801.0M | $5.0B | ||
| Q3 25 | $810.0M | $6.8B | ||
| Q2 25 | $785.0M | $4.4B | ||
| Q1 25 | $902.0M | $3.5B | ||
| Q4 24 | $810.0M | $3.5B | ||
| Q3 24 | $905.0M | $3.6B | ||
| Q2 24 | $789.0M | $2.8B |
总债务GTWELL
| Q1 26 | — | — | ||
| Q4 25 | $5.3B | $19.2B | ||
| Q3 25 | $7.3B | $16.9B | ||
| Q2 25 | $6.6B | $16.0B | ||
| Q1 25 | $7.3B | $15.7B | ||
| Q4 24 | $6.4B | $15.5B | ||
| Q3 24 | $7.4B | $15.8B | ||
| Q2 24 | $6.8B | $13.9B |
股东权益GTWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $3.2B | $42.1B | ||
| Q3 25 | $3.0B | $38.8B | ||
| Q2 25 | $5.1B | $35.9B | ||
| Q1 25 | $4.9B | $34.0B | ||
| Q4 24 | $4.7B | $32.0B | ||
| Q3 24 | $4.7B | $30.3B | ||
| Q2 24 | $4.7B | $29.0B |
总资产GTWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $18.2B | $67.3B | ||
| Q3 25 | $20.2B | $59.5B | ||
| Q2 25 | $22.3B | $55.8B | ||
| Q1 25 | $21.7B | $53.3B | ||
| Q4 24 | $20.9B | $51.0B | ||
| Q3 24 | $22.5B | $49.0B | ||
| Q2 24 | $22.0B | $45.5B |
负债/权益比GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.65× | 0.46× | ||
| Q3 25 | 2.42× | 0.43× | ||
| Q2 25 | 1.28× | 0.44× | ||
| Q1 25 | 1.48× | 0.46× | ||
| Q4 24 | 1.37× | 0.49× | ||
| Q3 24 | 1.57× | 0.52× | ||
| Q2 24 | 1.45× | 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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $1.3B | — |
| 自由现金流率自由现金流/营收 | 27.2% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 现金转化率经营现金流/净利润 | 14.40× | — |
| 过去12个月自由现金流最近4个季度 | $-30.0M | — |
8季度趋势，按日历期对齐
经营现金流GTWELL
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $654.3M | ||
| Q3 25 | $2.0M | $858.4M | ||
| Q2 25 | $-180.0M | $770.0M | ||
| Q1 25 | $-538.0M | $599.0M | ||
| Q4 24 | $1.3B | $559.2M | ||
| Q3 24 | $-73.0M | $685.0M | ||
| Q2 24 | $-67.0M | $605.4M |
自由现金流GTWELL
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $340.4M | ||
| Q3 25 | $-181.0M | $595.3M | ||
| Q2 25 | $-387.0M | $537.2M | ||
| Q1 25 | $-797.0M | $358.6M | ||
| Q4 24 | $1.0B | $240.4M | ||
| Q3 24 | $-351.0M | $443.8M | ||
| Q2 24 | $-383.0M | $440.3M |
自由现金流率GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 13.3% | ||
| Q3 25 | -3.9% | 28.9% | ||
| Q2 25 | -8.7% | 27.3% | ||
| Q1 25 | -18.7% | 19.2% | ||
| Q4 24 | 20.5% | 13.6% | ||
| Q3 24 | -7.3% | 29.4% | ||
| Q2 24 | -8.4% | 31.6% |
资本支出强度GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 12.3% | ||
| Q3 25 | 3.9% | 12.8% | ||
| Q2 25 | 4.6% | 11.8% | ||
| Q1 25 | 6.1% | 12.9% | ||
| Q4 24 | 5.6% | 18.1% | ||
| Q3 24 | 5.8% | 16.0% | ||
| Q2 24 | 6.9% | 11.8% |
现金转化率GTWELL
| Q1 26 | — | — | ||
| Q4 25 | 14.40× | 5.56× | ||
| Q3 25 | — | 3.04× | ||
| Q2 25 | -0.71× | 2.53× | ||
| Q1 25 | -4.68× | 2.33× | ||
| Q4 24 | 17.66× | 4.52× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | -0.85× | 2.32× |
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
GT
| Tire Unit Sales | $2.4B | 50% |
| Other | $2.3B | 46% |
| Other Tireand Related Sales | $192.0M | 4% |
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
