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新闻集团（NWSA）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
Welltower的季度营收约是新闻集团的1.4倍（$3.4B vs $2.4B），Welltower净利率更高（22.4% vs 8.2%，领先14.3%），Welltower同比增速更快（38.3% vs 5.5%），过去两年Welltower的营收复合增速更高（55.1% vs -1.3%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
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。
NWSA vs WELL — 直观对比
营收规模更大
WELL
是对方的1.4倍
$2.4B
营收增速更快
WELL
高出32.8%
5.5%
净利率更高
WELL
高出14.3%
8.2%
两年增速更快
WELL
近两年复合增速
-1.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.4B |
| 净利润 | $193.0M | $752.3M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 8.2% | 22.4% |
| 营收同比 | 5.5% | 38.3% |
| 净利润同比 | -10.2% | 192.4% |
| 每股收益（稀释后） | $0.34 | — |
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NWSAWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.4B | $2.6B | ||
| Q3 25 | $2.1B | $2.1B | ||
| Q2 25 | $1.6B | $2.0B | ||
| Q1 25 | $2.0B | $1.9B | ||
| Q4 24 | $2.2B | $1.8B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.6B | $1.4B |
净利润NWSAWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $193.0M | $117.8M | ||
| Q3 25 | $112.0M | $282.2M | ||
| Q2 25 | $743.0M | $304.6M | ||
| Q1 25 | $103.0M | $257.3M | ||
| Q4 24 | $215.0M | $123.8M | ||
| Q3 24 | $119.0M | $456.8M | ||
| Q2 24 | $50.0M | $260.7M |
毛利率NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | 19.8% | ||
| Q2 24 | — | 20.2% |
营业利润率NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | 8.5% | 15.1% | ||
| Q1 25 | 7.5% | 10.7% | ||
| Q4 24 | 19.2% | 6.2% | ||
| Q3 24 | 7.9% | 12.2% | ||
| Q2 24 | 4.3% | 6.5% |
净利率NWSAWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 8.2% | 4.6% | ||
| Q3 25 | 5.2% | 13.7% | ||
| Q2 25 | 45.6% | 15.5% | ||
| Q1 25 | 5.1% | 13.8% | ||
| Q4 24 | 9.6% | 7.0% | ||
| Q3 24 | 4.6% | 30.2% | ||
| Q2 24 | 1.9% | 18.7% |
每股收益（稀释后）NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | $0.34 | $0.13 | ||
| Q3 25 | $0.20 | $0.41 | ||
| Q2 25 | $1.30 | $0.45 | ||
| Q1 25 | $0.18 | $0.40 | ||
| Q4 24 | $0.38 | $0.20 | ||
| Q3 24 | $0.21 | $0.73 | ||
| Q2 24 | $0.09 | $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 | $2.1B | $4.7B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $8.8B | $44.7B |
| 总资产 | $15.5B | $67.2B |
| 负债/权益比越低杠杆越低 | 0.22× | — |
8季度趋势，按日历期对齐
现金及短期投资NWSAWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $2.1B | $5.0B | ||
| Q3 25 | $2.2B | $6.8B | ||
| Q2 25 | $2.4B | $4.4B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $1.8B | $3.5B | ||
| Q3 24 | $1.8B | $3.6B | ||
| Q2 24 | $2.0B | $2.8B |
总债务NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $19.2B | ||
| Q3 25 | $2.0B | $16.9B | ||
| Q2 25 | $2.0B | $16.0B | ||
| Q1 25 | $2.0B | $15.7B | ||
| Q4 24 | $2.0B | $15.5B | ||
| Q3 24 | $2.9B | $15.8B | ||
| Q2 24 | $2.9B | $13.9B |
股东权益NWSAWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $8.8B | $42.1B | ||
| Q3 25 | $8.7B | $38.8B | ||
| Q2 25 | $8.8B | $35.9B | ||
| Q1 25 | $8.2B | $34.0B | ||
| Q4 24 | $8.1B | $32.0B | ||
| Q3 24 | $8.3B | $30.3B | ||
| Q2 24 | $8.1B | $29.0B |
总资产NWSAWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $15.5B | $67.3B | ||
| Q3 25 | $15.3B | $59.5B | ||
| Q2 25 | $15.5B | $55.8B | ||
| Q1 25 | $16.6B | $53.3B | ||
| Q4 24 | $16.2B | $51.0B | ||
| Q3 24 | $16.9B | $49.0B | ||
| Q2 24 | $16.7B | $45.5B |
负债/权益比NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 0.46× | ||
| Q3 25 | 0.22× | 0.43× | ||
| Q2 25 | 0.22× | 0.44× | ||
| Q1 25 | 0.24× | 0.46× | ||
| Q4 24 | 0.24× | 0.49× | ||
| Q3 24 | 0.35× | 0.52× | ||
| Q2 24 | 0.36× | 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 | $231.0M | — |
| 自由现金流经营现金流 - 资本支出 | $132.0M | — |
| 自由现金流率自由现金流/营收 | 5.6% | — |
| 资本支出强度资本支出/营收 | 4.2% | — |
| 现金转化率经营现金流/净利润 | 1.20× | — |
| 过去12个月自由现金流最近4个季度 | $586.0M | — |
8季度趋势，按日历期对齐
经营现金流NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | $231.0M | $654.3M | ||
| Q3 25 | $85.0M | $858.4M | ||
| Q2 25 | $189.0M | $770.0M | ||
| Q1 25 | $511.0M | $599.0M | ||
| Q4 24 | $252.0M | $559.2M | ||
| Q3 24 | $64.0M | $685.0M | ||
| Q2 24 | $254.0M | $605.4M |
自由现金流NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | $132.0M | $340.4M | ||
| Q3 25 | $4.0M | $595.3M | ||
| Q2 25 | $32.0M | $537.2M | ||
| Q1 25 | $418.0M | $358.6M | ||
| Q4 24 | $190.0M | $240.4M | ||
| Q3 24 | $-31.0M | $443.8M | ||
| Q2 24 | $111.0M | $440.3M |
自由现金流率NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 13.3% | ||
| Q3 25 | 0.2% | 28.9% | ||
| Q2 25 | 2.0% | 27.3% | ||
| Q1 25 | 20.8% | 19.2% | ||
| Q4 24 | 8.5% | 13.6% | ||
| Q3 24 | -1.2% | 29.4% | ||
| Q2 24 | 4.3% | 31.6% |
资本支出强度NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 12.3% | ||
| Q3 25 | 3.8% | 12.8% | ||
| Q2 25 | 9.6% | 11.8% | ||
| Q1 25 | 4.6% | 12.9% | ||
| Q4 24 | 2.8% | 18.1% | ||
| Q3 24 | 3.7% | 16.0% | ||
| Q2 24 | 5.5% | 11.8% |
现金转化率NWSAWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.20× | 5.56× | ||
| Q3 25 | 0.76× | 3.04× | ||
| Q2 25 | 0.25× | 2.53× | ||
| Q1 25 | 4.96× | 2.33× | ||
| Q4 24 | 1.17× | 4.52× | ||
| Q3 24 | 0.54× | 1.50× | ||
| Q2 24 | 5.08× | 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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
