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医疗房产信托（SVC）与WD 40 CO（WDFC）财务数据对比。点击上方公司名可切换其他公司
医疗房产信托的季度营收约是WD 40 CO的1.9倍（$296.5M vs $154.4M），WD 40 CO净利率更高（11.3% vs -0.3%，领先11.6%），WD 40 CO同比增速更快（0.6% vs -17.0%），WD 40 CO自由现金流更多（$9.1M vs $-95.2M），过去两年WD 40 CO的营收复合增速更高（5.4% vs -6.1%）
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
SVC vs WDFC — 直观对比
营收规模更大
SVC
是对方的1.9倍
$154.4M
营收增速更快
WDFC
高出17.6%
-17.0%
净利率更高
WDFC
高出11.6%
-0.3%
自由现金流更多
WDFC
多$104.2M
$-95.2M
两年增速更快
WDFC
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $296.5M | $154.4M |
| 净利润 | $-782.0K | $17.5M |
| 毛利率 | — | 56.2% |
| 营业利润率 | -3.9% | 15.1% |
| 净利率 | -0.3% | 11.3% |
| 营收同比 | -17.0% | 0.6% |
| 净利润同比 | 99.0% | -7.8% |
| 每股收益（稀释后） | $-0.01 | $1.28 |
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SVCWDFC
| Q4 25 | $296.5M | $154.4M | ||
| Q3 25 | $377.6M | $163.5M | ||
| Q2 25 | $404.4M | $156.9M | ||
| Q1 25 | $335.0M | $146.1M | ||
| Q4 24 | $357.0M | $153.5M | ||
| Q3 24 | $390.9M | $156.0M | ||
| Q2 24 | $412.5M | $155.0M | ||
| Q1 24 | $336.2M | $139.1M |
净利润SVCWDFC
| Q4 25 | $-782.0K | $17.5M | ||
| Q3 25 | $-46.9M | $21.2M | ||
| Q2 25 | $-38.2M | $21.0M | ||
| Q1 25 | $-116.4M | $29.9M | ||
| Q4 24 | $-76.4M | $18.9M | ||
| Q3 24 | $-46.9M | $16.8M | ||
| Q2 24 | $-73.8M | $19.8M | ||
| Q1 24 | $-78.4M | $15.5M |
毛利率SVCWDFC
| Q4 25 | — | 56.2% | ||
| Q3 25 | — | 54.7% | ||
| Q2 25 | — | 56.2% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 54.8% | ||
| Q3 24 | — | 54.1% | ||
| Q2 24 | — | 53.1% | ||
| Q1 24 | — | 52.4% |
营业利润率SVCWDFC
| Q4 25 | -3.9% | 15.1% | ||
| Q3 25 | -12.8% | 17.1% | ||
| Q2 25 | -9.2% | 17.4% | ||
| Q1 25 | -33.3% | 15.9% | ||
| Q4 24 | -19.4% | 16.4% | ||
| Q3 24 | -12.8% | 15.4% | ||
| Q2 24 | -17.1% | 17.5% | ||
| Q1 24 | -21.4% | 15.1% |
净利率SVCWDFC
| Q4 25 | -0.3% | 11.3% | ||
| Q3 25 | -12.4% | 13.0% | ||
| Q2 25 | -9.4% | 13.4% | ||
| Q1 25 | -34.8% | 20.4% | ||
| Q4 24 | -21.4% | 12.3% | ||
| Q3 24 | -12.0% | 10.8% | ||
| Q2 24 | -17.9% | 12.8% | ||
| Q1 24 | -23.3% | 11.2% |
每股收益（稀释后）SVCWDFC
| Q4 25 | $-0.01 | $1.28 | ||
| Q3 25 | $-0.28 | $1.57 | ||
| Q2 25 | $-0.23 | $1.54 | ||
| Q1 25 | $-0.70 | $2.19 | ||
| Q4 24 | $-0.46 | $1.39 | ||
| Q3 24 | $-0.28 | $1.23 | ||
| Q2 24 | $-0.45 | $1.46 | ||
| Q1 24 | $-0.48 | $1.14 |
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 | $346.8M | $48.6M |
| 总债务越低越好 | $5.5B | $85.7M |
| 股东权益账面价值 | $646.1M | $264.1M |
| 总资产 | $6.5B | $459.7M |
| 负债/权益比越低杠杆越低 | 8.52× | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资SVCWDFC
| Q4 25 | $346.8M | $48.6M | ||
| Q3 25 | $417.4M | $58.1M | ||
| Q2 25 | $63.2M | $51.7M | ||
| Q1 25 | $80.1M | $53.0M | ||
| Q4 24 | $143.5M | $54.9M | ||
| Q3 24 | $48.6M | $46.7M | ||
| Q2 24 | $14.6M | $45.3M | ||
| Q1 24 | $71.3M | $55.4M |
总债务SVCWDFC
| Q4 25 | $5.5B | $85.7M | ||
| Q3 25 | — | $86.2M | ||
| Q2 25 | — | $85.6M | ||
| Q1 25 | — | $84.4M | ||
| Q4 24 | $5.8B | $84.6M | ||
| Q3 24 | — | $86.0M | ||
| Q2 24 | — | $85.5M | ||
| Q1 24 | — | $85.9M |
股东权益SVCWDFC
| Q4 25 | $646.1M | $264.1M | ||
| Q3 25 | $647.9M | $268.2M | ||
| Q2 25 | $695.9M | $257.1M | ||
| Q1 25 | $734.6M | $242.1M | ||
| Q4 24 | $851.9M | $226.3M | ||
| Q3 24 | $929.0M | $230.5M | ||
| Q2 24 | $1.0B | $222.2M | ||
| Q1 24 | $1.1B | $216.3M |
总资产SVCWDFC
| Q4 25 | $6.5B | $459.7M | ||
| Q3 25 | $7.0B | $475.8M | ||
| Q2 25 | $6.9B | $456.0M | ||
| Q1 25 | $7.0B | $458.3M | ||
| Q4 24 | $7.1B | $447.3M | ||
| Q3 24 | $7.1B | $449.0M | ||
| Q2 24 | $7.1B | $443.6M | ||
| Q1 24 | $7.2B | $442.0M |
负债/权益比SVCWDFC
| Q4 25 | 8.52× | 0.32× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | 6.85× | 0.37× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.40× |
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 | $-18.5M | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $-95.2M | $9.1M |
| 自由现金流率自由现金流/营收 | -32.1% | 5.9% |
| 资本支出强度资本支出/营收 | 25.9% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | $-107.0M | $78.2M |
8季度趋势，按日历期对齐
经营现金流SVCWDFC
| Q4 25 | $-18.5M | $10.0M | ||
| Q3 25 | $98.1M | $29.9M | ||
| Q2 25 | $-7.0K | $35.1M | ||
| Q1 25 | $38.2M | $8.0M | ||
| Q4 24 | $-9.7M | $14.9M | ||
| Q3 24 | $106.2M | $27.2M | ||
| Q2 24 | $43.8M | $19.9M | ||
| Q1 24 | $-926.0K | $18.0M |
自由现金流SVCWDFC
| Q4 25 | $-95.2M | $9.1M | ||
| Q3 25 | $57.9M | $28.6M | ||
| Q2 25 | $-46.6M | $34.0M | ||
| Q1 25 | $-23.2M | $6.6M | ||
| Q4 24 | $-88.9M | $14.2M | ||
| Q3 24 | $24.1M | $26.4M | ||
| Q2 24 | $-22.3M | $18.7M | ||
| Q1 24 | $-77.2M | $16.7M |
自由现金流率SVCWDFC
| Q4 25 | -32.1% | 5.9% | ||
| Q3 25 | 15.3% | 17.5% | ||
| Q2 25 | -11.5% | 21.6% | ||
| Q1 25 | -6.9% | 4.5% | ||
| Q4 24 | -24.9% | 9.3% | ||
| Q3 24 | 6.2% | 16.9% | ||
| Q2 24 | -5.4% | 12.0% | ||
| Q1 24 | -23.0% | 12.0% |
资本支出强度SVCWDFC
| Q4 25 | 25.9% | 0.6% | ||
| Q3 25 | 10.6% | 0.8% | ||
| Q2 25 | 11.5% | 0.7% | ||
| Q1 25 | 18.3% | 0.9% | ||
| Q4 24 | 22.2% | 0.5% | ||
| Q3 24 | 21.0% | 0.5% | ||
| Q2 24 | 16.0% | 0.8% | ||
| Q1 24 | 22.7% | 0.9% |
现金转化率SVCWDFC
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.79× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.16× |
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
SVC
暂无分部数据
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
