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Side-by-side financial comparison of BXP, Inc. (BXP) and Compass Diversified Holdings (CODI). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $468.6M, roughly 1.9× Compass Diversified Holdings). BXP, Inc. runs the higher net margin — 15.3% vs -16.8%, a 32.1% gap on every dollar of revenue. On growth, BXP, Inc. posted the faster year-over-year revenue change (0.8% vs -5.1%). Over the past eight quarters, Compass Diversified Holdings's revenue compounded faster (6.8% CAGR vs 1.3%).
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
BXP vs CODI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $468.6M |
| Net Profit | $133.0M | $-78.8M |
| Gross Margin | — | 43.1% |
| Operating Margin | — | 9.8% |
| Net Margin | 15.3% | -16.8% |
| Revenue YoY | 0.8% | -5.1% |
| Net Profit YoY | 53.0% | -14.4% |
| EPS (diluted) | $1.69 | $-0.91 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $468.6M | ||
| Q3 25 | $871.5M | $472.6M | ||
| Q2 25 | $868.5M | $478.7M | ||
| Q1 25 | $865.2M | $453.8M | ||
| Q4 24 | $858.6M | $493.9M | ||
| Q3 24 | $859.2M | $456.6M | ||
| Q2 24 | $850.5M | $426.7M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-78.8M | ||
| Q3 25 | $-121.7M | $-74.0M | ||
| Q2 25 | $89.0M | $-51.2M | ||
| Q1 25 | $61.2M | $-30.0M | ||
| Q4 24 | $-228.9M | $-68.9M | ||
| Q3 24 | $83.6M | $-36.0M | ||
| Q2 24 | $79.6M | $-73.1M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 43.1% | ||
| Q3 25 | 59.3% | 44.0% | ||
| Q2 25 | 59.2% | 43.6% | ||
| Q1 25 | 59.2% | 43.2% | ||
| Q4 24 | 59.7% | 38.6% | ||
| Q3 24 | 59.5% | 43.1% | ||
| Q2 24 | 59.8% | 44.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | -5.7% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 1.8% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -16.8% | ||
| Q3 25 | -14.0% | -15.7% | ||
| Q2 25 | 10.2% | -10.7% | ||
| Q1 25 | 7.1% | -6.6% | ||
| Q4 24 | -26.7% | -13.9% | ||
| Q3 24 | 9.7% | -7.9% | ||
| Q2 24 | 9.4% | -17.1% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.91 | ||
| Q3 25 | $-0.77 | $-1.21 | ||
| Q2 25 | $0.56 | $-0.88 | ||
| Q1 25 | $0.39 | $-0.59 | ||
| Q4 24 | $-1.46 | $-0.57 | ||
| Q3 24 | $0.53 | $-0.62 | ||
| Q2 24 | $0.51 | $-1.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | $68.0M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $7.7B | $442.0M |
| Total Assets | $25.1B | $3.0B |
| Debt / EquityLower = less leverage | — | 4.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $68.0M | ||
| Q3 25 | $861.1M | $61.1M | ||
| Q2 25 | $447.0M | $73.8M | ||
| Q1 25 | $398.1M | $146.2M | ||
| Q4 24 | $1.3B | $59.7M | ||
| Q3 24 | $1.4B | $64.9M | ||
| Q2 24 | $685.4M | $61.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $442.0M | ||
| Q3 25 | $5.0B | $519.2M | ||
| Q2 25 | $5.3B | $601.9M | ||
| Q1 25 | $5.3B | $680.7M | ||
| Q4 24 | $5.4B | $678.6M | ||
| Q3 24 | $5.8B | $672.2M | ||
| Q2 24 | $5.8B | $711.3M |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.0B | ||
| Q3 25 | $26.0B | $3.2B | ||
| Q2 25 | $25.6B | $3.3B | ||
| Q1 25 | $25.4B | $3.4B | ||
| Q4 24 | $26.1B | $3.3B | ||
| Q3 24 | $26.4B | $3.3B | ||
| Q2 24 | $25.5B | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.25× | ||
| Q3 25 | — | 3.62× | ||
| Q2 25 | — | 3.09× | ||
| Q1 25 | — | 2.73× | ||
| Q4 24 | — | 2.61× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | 2.42× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $47.0M |
| Free Cash FlowOCF − Capex | — | $36.9M |
| FCF MarginFCF / Revenue | — | 7.9% |
| Capex IntensityCapex / Revenue | 1.5% | 2.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-51.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $47.0M | ||
| Q3 25 | $274.2M | $10.7M | ||
| Q2 25 | $353.1M | $-35.2M | ||
| Q1 25 | $210.0M | $-29.3M | ||
| Q4 24 | $383.7M | $-16.1M | ||
| Q3 24 | $286.1M | $-48.4M | ||
| Q2 24 | $367.1M | $-61.3M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $36.9M | ||
| Q3 25 | $231.6M | $481.0K | ||
| Q2 25 | $281.5M | $-46.0M | ||
| Q1 25 | $152.6M | $-42.4M | ||
| Q4 24 | $312.5M | $-39.0M | ||
| Q3 24 | $234.5M | $-63.5M | ||
| Q2 24 | $332.4M | $-72.2M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 7.9% | ||
| Q3 25 | 26.6% | 0.1% | ||
| Q2 25 | 32.4% | -9.6% | ||
| Q1 25 | 17.6% | -9.4% | ||
| Q4 24 | 36.4% | -7.9% | ||
| Q3 24 | 27.3% | -13.9% | ||
| Q2 24 | 39.1% | -16.9% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.2% | ||
| Q3 25 | 4.9% | 2.2% | ||
| Q2 25 | 8.2% | 2.3% | ||
| Q1 25 | 6.6% | 2.9% | ||
| Q4 24 | 8.3% | 4.6% | ||
| Q3 24 | 6.0% | 3.3% | ||
| Q2 24 | 4.1% | 2.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
