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Ventas（VTR）与西部数据（WDC）财务数据对比。点击上方公司名可切换其他公司
西部数据的季度营收约是Ventas的1.8倍（$3.0B vs $1.7B），西部数据净利率更高（61.1% vs 3.6%，领先57.5%），西部数据同比增速更快（31.5% vs 22.0%），过去两年Ventas的营收复合增速更高（17.5% vs -6.6%）
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
VTR vs WDC — 直观对比
营收规模更大
WDC
是对方的1.8倍
$1.7B
营收增速更快
WDC
高出9.5%
22.0%
净利率更高
WDC
高出57.5%
3.6%
两年增速更快
VTR
近两年复合增速
-6.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $3.0B |
| 净利润 | $59.0M | $1.8B |
| 毛利率 | — | 45.7% |
| 营业利润率 | — | 30.1% |
| 净利率 | 3.6% | 61.1% |
| 营收同比 | 22.0% | 31.5% |
| 净利润同比 | 19.0% | 254.2% |
| 每股收益（稀释后） | — | $4.73 |
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VTRWDC
| Q1 26 | $1.7B | $3.0B | ||
| Q4 25 | $1.6B | $2.8B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.4B | $-1.2B | ||
| Q1 25 | $1.4B | $2.3B | ||
| Q4 24 | $1.3B | $4.3B | ||
| Q3 24 | $1.2B | $4.1B | ||
| Q2 24 | $1.2B | $3.8B |
净利润VTRWDC
| Q1 26 | $59.0M | $1.8B | ||
| Q4 25 | $73.0M | $1.2B | ||
| Q3 25 | $68.7M | — | ||
| Q2 25 | $71.5M | $282.0M | ||
| Q1 25 | $48.4M | $520.0M | ||
| Q4 24 | $58.7M | $594.0M | ||
| Q3 24 | $21.0M | $493.0M | ||
| Q2 24 | $21.2M | $39.0M |
毛利率VTRWDC
| Q1 26 | — | 45.7% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 35.4% | ||
| Q3 24 | — | 37.9% | ||
| Q2 24 | — | 35.9% |
营业利润率VTRWDC
| Q1 26 | — | 30.1% | ||
| Q4 25 | 4.9% | 28.1% | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 3.0% | 33.1% | ||
| Q4 24 | -0.0% | 19.9% | ||
| Q3 24 | 1.5% | 18.1% | ||
| Q2 24 | -1.6% | 5.7% |
净利率VTRWDC
| Q1 26 | 3.6% | 61.1% | ||
| Q4 25 | 4.7% | 41.9% | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.0% | -24.4% | ||
| Q1 25 | 3.6% | 22.7% | ||
| Q4 24 | 4.6% | 13.9% | ||
| Q3 24 | 1.7% | 12.0% | ||
| Q2 24 | 1.8% | 1.0% |
每股收益（稀释后）VTRWDC
| Q1 26 | — | $4.73 | ||
| Q4 25 | $0.15 | $3.07 | ||
| Q3 25 | $0.14 | — | ||
| Q2 25 | $0.15 | $0.72 | ||
| Q1 25 | $0.10 | $1.42 | ||
| Q4 24 | $0.13 | $1.63 | ||
| Q3 24 | $0.05 | $1.35 | ||
| Q2 24 | $0.05 | $0.15 |
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 | $183.6M | $2.0B |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $13.2B | $7.1B |
| 总资产 | $27.7B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资VTRWDC
| Q1 26 | $183.6M | $2.0B | ||
| Q4 25 | $741.1M | $2.0B | ||
| Q3 25 | $188.6M | — | ||
| Q2 25 | $614.2M | $2.1B | ||
| Q1 25 | $182.3M | $3.5B | ||
| Q4 24 | $897.9M | $2.3B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $557.1M | $1.9B |
总债务VTRWDC
| Q1 26 | — | $4.7B | ||
| Q4 25 | $13.0B | $4.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | $13.5B | $7.4B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $7.4B |
股东权益VTRWDC
| Q1 26 | $13.2B | $7.1B | ||
| Q4 25 | $12.5B | $5.9B | ||
| Q3 25 | $12.4B | — | ||
| Q2 25 | $11.5B | $5.3B | ||
| Q1 25 | $11.5B | $5.2B | ||
| Q4 24 | $10.8B | $12.1B | ||
| Q3 24 | $9.8B | $11.6B | ||
| Q2 24 | $9.6B | $10.8B |
总资产VTRWDC
| Q1 26 | $27.7B | $15.6B | ||
| Q4 25 | $27.6B | $14.4B | ||
| Q3 25 | $26.9B | — | ||
| Q2 25 | $26.5B | $14.0B | ||
| Q1 25 | $26.0B | $16.4B | ||
| Q4 24 | $26.2B | $25.5B | ||
| Q3 24 | $25.3B | $24.8B | ||
| Q2 24 | $24.5B | $24.2B |
负债/权益比VTRWDC
| Q1 26 | — | 0.65× | ||
| Q4 25 | 1.04× | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 1.42× | ||
| Q4 24 | 1.26× | 0.61× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.69× |
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
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
