vs
Side-by-side financial comparison of BXP, Inc. (BXP) and Everus Construction Group, Inc. (ECG). Click either name above to swap in a different company.
Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $872.1M, roughly 1.2× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 5.5%, a 9.8% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs 0.8%). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% 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.
BXP vs ECG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $1.0B |
| Net Profit | $133.0M | $55.3M |
| Gross Margin | — | 11.6% |
| Operating Margin | — | 6.8% |
| Net Margin | 15.3% | 5.5% |
| Revenue YoY | 0.8% | 33.2% |
| Net Profit YoY | 53.0% | 60.4% |
| EPS (diluted) | $1.69 | $1.09 |
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 | $1.0B | ||
| Q3 25 | $871.5M | $986.8M | ||
| Q2 25 | $868.5M | $921.5M | ||
| Q1 25 | $865.2M | $826.6M | ||
| Q4 24 | $858.6M | $759.6M | ||
| Q3 24 | $859.2M | $761.0M | ||
| Q2 24 | $850.5M | $703.4M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $55.3M | ||
| Q3 25 | $-121.7M | $57.0M | ||
| Q2 25 | $89.0M | $52.8M | ||
| Q1 25 | $61.2M | $36.7M | ||
| Q4 24 | $-228.9M | $34.5M | ||
| Q3 24 | $83.6M | $41.8M | ||
| Q2 24 | $79.6M | $39.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 11.6% | ||
| Q3 25 | 59.3% | 12.6% | ||
| Q2 25 | 59.2% | 13.0% | ||
| Q1 25 | 59.2% | 11.2% | ||
| Q4 24 | 59.7% | 11.4% | ||
| Q3 24 | 59.5% | 11.8% | ||
| Q2 24 | 59.8% | 12.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 7.3% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 7.3% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 5.5% | ||
| Q3 25 | -14.0% | 5.8% | ||
| Q2 25 | 10.2% | 5.7% | ||
| Q1 25 | 7.1% | 4.4% | ||
| Q4 24 | -26.7% | 4.5% | ||
| Q3 24 | 9.7% | 5.5% | ||
| Q2 24 | 9.4% | 5.5% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.09 | ||
| Q3 25 | $-0.77 | $1.11 | ||
| Q2 25 | $0.56 | $1.03 | ||
| Q1 25 | $0.39 | $0.72 | ||
| Q4 24 | $-1.46 | $0.68 | ||
| Q3 24 | $0.53 | $0.82 | ||
| Q2 24 | $0.51 | $0.76 |
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 | — |
| Total DebtLower is stronger | — | $281.5M |
| Stockholders' EquityBook value | $7.7B | $629.8M |
| Total Assets | $25.1B | $1.7B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $861.1M | — | ||
| Q2 25 | $447.0M | — | ||
| Q1 25 | $398.1M | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $553.0K | ||
| Q2 24 | $685.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $281.5M | ||
| Q3 25 | — | $285.1M | ||
| Q2 25 | — | $288.6M | ||
| Q1 25 | — | $292.1M | ||
| Q4 24 | — | $295.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $629.8M | ||
| Q3 25 | $5.0B | $573.0M | ||
| Q2 25 | $5.3B | $514.4M | ||
| Q1 25 | $5.3B | $460.2M | ||
| Q4 24 | $5.4B | $422.6M | ||
| Q3 24 | $5.8B | $453.3M | ||
| Q2 24 | $5.8B | $490.0M |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.7B | ||
| Q3 25 | $26.0B | $1.6B | ||
| Q2 25 | $25.6B | $1.5B | ||
| Q1 25 | $25.4B | $1.4B | ||
| Q4 24 | $26.1B | $1.3B | ||
| Q3 24 | $26.4B | $1.3B | ||
| Q2 24 | $25.5B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $48.2M |
| Free Cash FlowOCF − Capex | — | $23.5M |
| FCF MarginFCF / Revenue | — | 2.3% |
| Capex IntensityCapex / Revenue | 1.5% | 2.4% |
| Cash ConversionOCF / Net Profit | — | 0.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | $90.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $48.2M | ||
| Q3 25 | $274.2M | $76.2M | ||
| Q2 25 | $353.1M | $25.3M | ||
| Q1 25 | $210.0M | $7.1M | ||
| Q4 24 | $383.7M | — | ||
| Q3 24 | $286.1M | $78.9M | ||
| Q2 24 | $367.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $23.5M | ||
| Q3 25 | $231.6M | $65.7M | ||
| Q2 25 | $281.5M | $12.3M | ||
| Q1 25 | $152.6M | $-11.4M | ||
| Q4 24 | $312.5M | — | ||
| Q3 24 | $234.5M | $60.9M | ||
| Q2 24 | $332.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 2.3% | ||
| Q3 25 | 26.6% | 6.7% | ||
| Q2 25 | 32.4% | 1.3% | ||
| Q1 25 | 17.6% | -1.4% | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 27.3% | 8.0% | ||
| Q2 24 | 39.1% | — |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.9% | 1.1% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 6.0% | 2.4% | ||
| Q2 24 | 4.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.87× | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 3.97× | 0.48× | ||
| Q1 25 | 3.43× | 0.19× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 1.89× | ||
| 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% |
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
