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Raymond James Financial（RJF）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是Welltower的1.2倍（$4.2B vs $3.4B），Welltower净利率更高（22.4% vs 13.5%，领先9.0%），Welltower同比增速更快（38.3% vs 3.5%），过去两年Welltower的营收复合增速更高（55.1% vs 7.1%）
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
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。
RJF vs WELL — 直观对比
营收规模更大
RJF
是对方的1.2倍
$3.4B
营收增速更快
WELL
高出34.8%
3.5%
净利率更高
WELL
高出9.0%
13.5%
两年增速更快
WELL
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.4B |
| 净利润 | $563.0M | $752.3M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 13.5% | 22.4% |
| 营收同比 | 3.5% | 38.3% |
| 净利润同比 | -6.2% | 192.4% |
| 每股收益（稀释后） | $2.79 | — |
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RJFWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.2B | $2.6B | ||
| Q3 25 | $4.2B | $2.1B | ||
| Q2 25 | $3.8B | $2.0B | ||
| Q1 25 | $3.8B | $1.9B | ||
| Q4 24 | $4.0B | $1.8B | ||
| Q3 24 | $4.0B | $1.5B | ||
| Q2 24 | $3.8B | $1.4B |
净利润RJFWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $563.0M | $117.8M | ||
| Q3 25 | $604.0M | $282.2M | ||
| Q2 25 | $436.0M | $304.6M | ||
| Q1 25 | $495.0M | $257.3M | ||
| Q4 24 | $600.0M | $123.8M | ||
| Q3 24 | $602.0M | $456.8M | ||
| Q2 24 | $492.0M | $260.7M |
毛利率RJFWELL
| 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RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | 14.7% | 15.1% | ||
| Q1 25 | 17.5% | 10.7% | ||
| Q4 24 | 18.6% | 6.2% | ||
| Q3 24 | — | 12.2% | ||
| Q2 24 | 17.1% | 6.5% |
净利率RJFWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 13.5% | 4.6% | ||
| Q3 25 | 14.4% | 13.7% | ||
| Q2 25 | 11.3% | 15.5% | ||
| Q1 25 | 12.9% | 13.8% | ||
| Q4 24 | 14.9% | 7.0% | ||
| Q3 24 | 15.0% | 30.2% | ||
| Q2 24 | 13.1% | 18.7% |
每股收益（稀释后）RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | $2.79 | $0.13 | ||
| Q3 25 | $2.96 | $0.41 | ||
| Q2 25 | $2.12 | $0.45 | ||
| Q1 25 | $2.36 | $0.40 | ||
| Q4 24 | $2.86 | $0.20 | ||
| Q3 24 | $2.85 | $0.73 | ||
| Q2 24 | $2.31 | $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 | $9.9B | $4.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $12.6B | $44.7B |
| 总资产 | $88.8B | $67.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资RJFWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $9.9B | $5.0B | ||
| Q3 25 | $11.4B | $6.8B | ||
| Q2 25 | $9.2B | $4.4B | ||
| Q1 25 | $9.7B | $3.5B | ||
| Q4 24 | $10.0B | $3.5B | ||
| Q3 24 | $11.0B | $3.6B | ||
| Q2 24 | $9.1B | $2.8B |
总债务RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | — | $19.2B | ||
| Q3 25 | — | $16.9B | ||
| Q2 25 | — | $16.0B | ||
| Q1 25 | — | $15.7B | ||
| Q4 24 | — | $15.5B | ||
| Q3 24 | — | $15.8B | ||
| Q2 24 | — | $13.9B |
股东权益RJFWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $12.6B | $42.1B | ||
| Q3 25 | $12.5B | $38.8B | ||
| Q2 25 | $12.3B | $35.9B | ||
| Q1 25 | $12.2B | $34.0B | ||
| Q4 24 | $11.9B | $32.0B | ||
| Q3 24 | $11.7B | $30.3B | ||
| Q2 24 | $11.2B | $29.0B |
总资产RJFWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $88.8B | $67.3B | ||
| Q3 25 | $88.2B | $59.5B | ||
| Q2 25 | $84.8B | $55.8B | ||
| Q1 25 | $83.1B | $53.3B | ||
| Q4 24 | $82.3B | $51.0B | ||
| Q3 24 | $83.0B | $49.0B | ||
| Q2 24 | $80.6B | $45.5B |
负债/权益比RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 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 | $-10.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-56.0M | — |
| 自由现金流率自由现金流/营收 | -1.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | -0.02× | — |
| 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
经营现金流RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $654.3M | ||
| Q3 25 | $796.0M | $858.4M | ||
| Q2 25 | $691.0M | $770.0M | ||
| Q1 25 | $117.0M | $599.0M | ||
| Q4 24 | $830.0M | $559.2M | ||
| Q3 24 | $510.0M | $685.0M | ||
| Q2 24 | $711.0M | $605.4M |
自由现金流RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | $-56.0M | $340.4M | ||
| Q3 25 | $752.0M | $595.3M | ||
| Q2 25 | $634.0M | $537.2M | ||
| Q1 25 | $71.0M | $358.6M | ||
| Q4 24 | $789.0M | $240.4M | ||
| Q3 24 | $460.0M | $443.8M | ||
| Q2 24 | $655.0M | $440.3M |
自由现金流率RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | -1.3% | 13.3% | ||
| Q3 25 | 17.9% | 28.9% | ||
| Q2 25 | 16.5% | 27.3% | ||
| Q1 25 | 1.8% | 19.2% | ||
| Q4 24 | 19.6% | 13.6% | ||
| Q3 24 | 11.5% | 29.4% | ||
| Q2 24 | 17.4% | 31.6% |
资本支出强度RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 12.3% | ||
| Q3 25 | 1.1% | 12.8% | ||
| Q2 25 | 1.5% | 11.8% | ||
| Q1 25 | 1.2% | 12.9% | ||
| Q4 24 | 1.0% | 18.1% | ||
| Q3 24 | 1.2% | 16.0% | ||
| Q2 24 | 1.5% | 11.8% |
现金转化率RJFWELL
| Q1 26 | — | — | ||
| Q4 25 | -0.02× | 5.56× | ||
| Q3 25 | 1.32× | 3.04× | ||
| Q2 25 | 1.58× | 2.53× | ||
| Q1 25 | 0.24× | 2.33× | ||
| Q4 24 | 1.38× | 4.52× | ||
| Q3 24 | 0.85× | 1.50× | ||
| Q2 24 | 1.45× | 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
RJF
暂无分部数据
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
