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Side-by-side financial comparison of BXP, Inc. (BXP) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $750.6M, roughly 1.2× Envista Holdings Corp). BXP, Inc. runs the higher net margin — 15.3% vs 4.4%, a 10.9% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 0.8%). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% 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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

BXP vs NVST — Head-to-Head

Bigger by revenue
BXP
BXP
1.2× larger
BXP
$872.1M
$750.6M
NVST
Growing faster (revenue YoY)
NVST
NVST
+14.2% gap
NVST
15.0%
0.8%
BXP
Higher net margin
BXP
BXP
10.9% more per $
BXP
15.3%
4.4%
NVST
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
1.3%
BXP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BXP
BXP
NVST
NVST
Revenue
$872.1M
$750.6M
Net Profit
$133.0M
$32.9M
Gross Margin
54.7%
Operating Margin
9.8%
Net Margin
15.3%
4.4%
Revenue YoY
0.8%
15.0%
Net Profit YoY
53.0%
2641.7%
EPS (diluted)
$1.69
$0.20

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.

Revenue
BXP
BXP
NVST
NVST
Q1 26
$872.1M
Q4 25
$877.1M
$750.6M
Q3 25
$871.5M
$669.9M
Q2 25
$868.5M
$682.1M
Q1 25
$865.2M
$616.9M
Q4 24
$858.6M
$652.9M
Q3 24
$859.2M
$601.0M
Q2 24
$850.5M
$633.1M
Net Profit
BXP
BXP
NVST
NVST
Q1 26
$133.0M
Q4 25
$248.4M
$32.9M
Q3 25
$-121.7M
$-30.3M
Q2 25
$89.0M
$26.4M
Q1 25
$61.2M
$18.0M
Q4 24
$-228.9M
$1.2M
Q3 24
$83.6M
$8.2M
Q2 24
$79.6M
$-1.2B
Gross Margin
BXP
BXP
NVST
NVST
Q1 26
Q4 25
58.8%
54.7%
Q3 25
59.3%
55.3%
Q2 25
59.2%
54.2%
Q1 25
59.2%
54.5%
Q4 24
59.7%
57.1%
Q3 24
59.5%
52.8%
Q2 24
59.8%
51.6%
Operating Margin
BXP
BXP
NVST
NVST
Q1 26
Q4 25
9.8%
Q3 25
8.6%
Q2 25
6.8%
Q1 25
6.3%
Q4 24
7.1%
Q3 24
3.5%
Q2 24
-182.2%
Net Margin
BXP
BXP
NVST
NVST
Q1 26
15.3%
Q4 25
28.3%
4.4%
Q3 25
-14.0%
-4.5%
Q2 25
10.2%
3.9%
Q1 25
7.1%
2.9%
Q4 24
-26.7%
0.2%
Q3 24
9.7%
1.4%
Q2 24
9.4%
-181.9%
EPS (diluted)
BXP
BXP
NVST
NVST
Q1 26
$1.69
Q4 25
$1.56
$0.20
Q3 25
$-0.77
$-0.18
Q2 25
$0.56
$0.16
Q1 25
$0.39
$0.10
Q4 24
$-1.46
$0.00
Q3 24
$0.53
$0.05
Q2 24
$0.51
$-6.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BXP
BXP
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$512.8M
$1.2B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$7.7B
$3.1B
Total Assets
$25.1B
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXP
BXP
NVST
NVST
Q1 26
$512.8M
Q4 25
$1.5B
$1.2B
Q3 25
$861.1M
$1.1B
Q2 25
$447.0M
$1.1B
Q1 25
$398.1M
$1.1B
Q4 24
$1.3B
$1.1B
Q3 24
$1.4B
$991.3M
Q2 24
$685.4M
$1.0B
Total Debt
BXP
BXP
NVST
NVST
Q1 26
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Stockholders' Equity
BXP
BXP
NVST
NVST
Q1 26
$7.7B
Q4 25
$5.1B
$3.1B
Q3 25
$5.0B
$3.1B
Q2 25
$5.3B
$3.1B
Q1 25
$5.3B
$3.0B
Q4 24
$5.4B
$2.9B
Q3 24
$5.8B
$3.1B
Q2 24
$5.8B
$3.0B
Total Assets
BXP
BXP
NVST
NVST
Q1 26
$25.1B
Q4 25
$26.2B
$5.7B
Q3 25
$26.0B
$5.6B
Q2 25
$25.6B
$5.7B
Q1 25
$25.4B
$5.5B
Q4 24
$26.1B
$5.4B
Q3 24
$26.4B
$5.5B
Q2 24
$25.5B
$5.4B
Debt / Equity
BXP
BXP
NVST
NVST
Q1 26
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.48×
Q3 24
0.46×
Q2 24
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BXP
BXP
NVST
NVST
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
1.5%
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BXP
BXP
NVST
NVST
Q1 26
Q4 25
$407.8M
$108.0M
Q3 25
$274.2M
$78.7M
Q2 25
$353.1M
$88.7M
Q1 25
$210.0M
$300.0K
Q4 24
$383.7M
$132.4M
Q3 24
$286.1M
$70.7M
Q2 24
$367.1M
$93.1M
Free Cash Flow
BXP
BXP
NVST
NVST
Q1 26
Q4 25
$362.7M
$91.7M
Q3 25
$231.6M
$67.9M
Q2 25
$281.5M
$76.4M
Q1 25
$152.6M
$-5.6M
Q4 24
$312.5M
$123.8M
Q3 24
$234.5M
$63.3M
Q2 24
$332.4M
$86.3M
FCF Margin
BXP
BXP
NVST
NVST
Q1 26
Q4 25
41.4%
12.2%
Q3 25
26.6%
10.1%
Q2 25
32.4%
11.2%
Q1 25
17.6%
-0.9%
Q4 24
36.4%
19.0%
Q3 24
27.3%
10.5%
Q2 24
39.1%
13.6%
Capex Intensity
BXP
BXP
NVST
NVST
Q1 26
1.5%
Q4 25
5.1%
2.2%
Q3 25
4.9%
1.6%
Q2 25
8.2%
1.8%
Q1 25
6.6%
1.0%
Q4 24
8.3%
1.3%
Q3 24
6.0%
1.2%
Q2 24
4.1%
1.1%
Cash Conversion
BXP
BXP
NVST
NVST
Q1 26
Q4 25
1.64×
3.28×
Q3 25
Q2 25
3.97×
3.36×
Q1 25
3.43×
0.02×
Q4 24
110.33×
Q3 24
3.42×
8.62×
Q2 24
4.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BXP
BXP

Lease$818.2M94%
Parking and other$30.8M4%
Development and management services$9.2M1%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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