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Waystar Holding Corp.（WAY）与W. P. Carey Inc.（WPC）财务数据对比。点击上方公司名可切换其他公司
W. P. Carey Inc.的季度营收约是Waystar Holding Corp.的1.4倍（$444.5M vs $313.9M），W. P. Carey Inc.净利率更高（33.4% vs 13.8%，领先19.6%），Waystar Holding Corp.同比增速更快（22.4% vs 9.4%），过去两年Waystar Holding Corp.的营收复合增速更高（15.7% vs 6.8%）
Waystar Holding Corp是一家领先的医疗健康支付与营收周期管理解决方案提供商，服务覆盖美国各地的医疗机构、医疗系统和支付方，旗下工具可简化账单处理、理赔申请、患者缴费流程，帮助医疗机构降低行政负担、优化营收表现。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
WAY vs WPC — 直观对比
营收规模更大
WPC
是对方的1.4倍
$313.9M
营收增速更快
WAY
高出12.9%
9.4%
净利率更高
WPC
高出19.6%
13.8%
两年增速更快
WAY
近两年复合增速
6.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $313.9M | $444.5M |
| 净利润 | $43.3M | $148.3M |
| 毛利率 | — | — |
| 营业利润率 | 25.6% | 34.5% |
| 净利率 | 13.8% | 33.4% |
| 营收同比 | 22.4% | 9.4% |
| 净利润同比 | 47.9% | 215.4% |
| 每股收益（稀释后） | $0.42 | — |
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WAYWPC
| Q1 26 | $313.9M | — | ||
| Q4 25 | $303.5M | $444.5M | ||
| Q3 25 | $268.7M | $431.3M | ||
| Q2 25 | $270.7M | $430.8M | ||
| Q1 25 | $256.4M | $409.9M | ||
| Q4 24 | $244.1M | $406.2M | ||
| Q3 24 | $240.1M | $397.4M | ||
| Q2 24 | $234.5M | $389.7M |
净利润WAYWPC
| Q1 26 | $43.3M | — | ||
| Q4 25 | $20.0M | $148.3M | ||
| Q3 25 | $30.6M | $141.0M | ||
| Q2 25 | $32.2M | $51.2M | ||
| Q1 25 | $29.3M | $125.8M | ||
| Q4 24 | $19.1M | $47.0M | ||
| Q3 24 | $5.4M | $111.7M | ||
| Q2 24 | $-27.7M | $142.9M |
营业利润率WAYWPC
| Q1 26 | 25.6% | — | ||
| Q4 25 | 19.4% | 34.5% | ||
| Q3 25 | 22.4% | 34.7% | ||
| Q2 25 | 24.0% | 15.0% | ||
| Q1 25 | 25.4% | 33.5% | ||
| Q4 24 | 21.8% | 13.5% | ||
| Q3 24 | 11.3% | 30.4% | ||
| Q2 24 | 3.5% | 38.3% |
净利率WAYWPC
| Q1 26 | 13.8% | — | ||
| Q4 25 | 6.6% | 33.4% | ||
| Q3 25 | 11.4% | 32.7% | ||
| Q2 25 | 11.9% | 11.9% | ||
| Q1 25 | 11.4% | 30.7% | ||
| Q4 24 | 7.8% | 11.6% | ||
| Q3 24 | 2.3% | 28.1% | ||
| Q2 24 | -11.8% | 36.7% |
每股收益（稀释后）WAYWPC
| Q1 26 | $0.42 | — | ||
| Q4 25 | $0.10 | — | ||
| Q3 25 | $0.17 | — | ||
| Q2 25 | $0.18 | — | ||
| Q1 25 | $0.16 | — | ||
| Q4 24 | $0.18 | — | ||
| Q3 24 | $0.03 | — | ||
| Q2 24 | $-0.21 | — |
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 | $34.3M | $155.3M |
| 总债务越低越好 | $13.5M | $8.7B |
| 股东权益账面价值 | $3.9B | $8.1B |
| 总资产 | $5.8B | $18.0B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资WAYWPC
| Q1 26 | $34.3M | — | ||
| Q4 25 | $61.4M | $155.3M | ||
| Q3 25 | $421.1M | $249.0M | ||
| Q2 25 | $290.3M | $244.8M | ||
| Q1 25 | $224.0M | $187.8M | ||
| Q4 24 | $182.1M | $640.4M | ||
| Q3 24 | $127.1M | $818.2M | ||
| Q2 24 | $68.4M | $1.1B |
总债务WAYWPC
| Q1 26 | $13.5M | — | ||
| Q4 25 | $1.5B | $8.7B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | — | $8.6B | ||
| Q1 25 | — | $7.9B | ||
| Q4 24 | $1.2B | $8.0B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | — | $8.1B |
股东权益WAYWPC
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $8.1B | ||
| Q3 25 | $3.2B | $8.2B | ||
| Q2 25 | $3.2B | $8.2B | ||
| Q1 25 | $3.1B | $8.4B | ||
| Q4 24 | $3.1B | $8.4B | ||
| Q3 24 | $3.1B | $8.6B | ||
| Q2 24 | $2.9B | $8.6B |
总资产WAYWPC
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.8B | $18.0B | ||
| Q3 25 | $4.7B | $18.0B | ||
| Q2 25 | $4.7B | $18.0B | ||
| Q1 25 | $4.6B | $17.3B | ||
| Q4 24 | $4.6B | $17.5B | ||
| Q3 24 | $4.5B | $17.6B | ||
| Q2 24 | $4.6B | $17.8B |
负债/权益比WAYWPC
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.38× | 1.07× | ||
| Q3 25 | — | 1.06× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | 0.40× | 0.95× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 0.94× |
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 | $84.9M | $304.6M |
| 自由现金流经营现金流 - 资本支出 | $90.3M | — |
| 自由现金流率自由现金流/营收 | 28.8% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.96× | 2.05× |
| 过去12个月自由现金流最近4个季度 | $314.6M | — |
8季度趋势，按日历期对齐
经营现金流WAYWPC
| Q1 26 | $84.9M | — | ||
| Q4 25 | $66.6M | $304.6M | ||
| Q3 25 | $82.0M | $300.5M | ||
| Q2 25 | $96.8M | $404.0M | ||
| Q1 25 | $64.2M | $273.2M | ||
| Q4 24 | — | $296.3M | ||
| Q3 24 | $78.8M | $280.2M | ||
| Q2 24 | $15.4M | $221.0M |
自由现金流WAYWPC
| Q1 26 | $90.3M | — | ||
| Q4 25 | $57.2M | — | ||
| Q3 25 | $76.2M | — | ||
| Q2 25 | $91.0M | — | ||
| Q1 25 | $58.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $70.2M | — | ||
| Q2 24 | $8.6M | — |
自由现金流率WAYWPC
| Q1 26 | 28.8% | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 28.3% | — | ||
| Q2 25 | 33.6% | — | ||
| Q1 25 | 22.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 29.2% | — | ||
| Q2 24 | 3.7% | — |
资本支出强度WAYWPC
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 2.9% | — |
现金转化率WAYWPC
| Q1 26 | 1.96× | — | ||
| Q4 25 | 3.33× | 2.05× | ||
| Q3 25 | 2.68× | 2.13× | ||
| Q2 25 | 3.01× | 7.89× | ||
| Q1 25 | 2.20× | 2.17× | ||
| Q4 24 | — | 6.30× | ||
| Q3 24 | 14.56× | 2.51× | ||
| Q2 24 | — | 1.55× |
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
WAY
| Subscription | $172.2M | 55% |
| Volume-based | $139.5M | 44% |
WPC
暂无分部数据
