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Side-by-side financial comparison of BXP, Inc. (BXP) and PRICESMART INC (PSMT). Click either name above to swap in a different company.

PRICESMART INC is the larger business by last-quarter revenue ($1.4B vs $872.1M, roughly 1.6× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 2.9%, a 12.3% gap on every dollar of revenue. On growth, PRICESMART INC posted the faster year-over-year revenue change (9.9% vs 0.8%). Over the past eight quarters, PRICESMART INC's revenue compounded faster (3.5% 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.

PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.

BXP vs PSMT — Head-to-Head

Bigger by revenue
PSMT
PSMT
1.6× larger
PSMT
$1.4B
$872.1M
BXP
Growing faster (revenue YoY)
PSMT
PSMT
+9.1% gap
PSMT
9.9%
0.8%
BXP
Higher net margin
BXP
BXP
12.3% more per $
BXP
15.3%
2.9%
PSMT
Faster 2-yr revenue CAGR
PSMT
PSMT
Annualised
PSMT
3.5%
1.3%
BXP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BXP
BXP
PSMT
PSMT
Revenue
$872.1M
$1.4B
Net Profit
$133.0M
$40.2M
Gross Margin
17.7%
Operating Margin
4.6%
Net Margin
15.3%
2.9%
Revenue YoY
0.8%
9.9%
Net Profit YoY
53.0%
7.3%
EPS (diluted)
$1.69
$1.29

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
PSMT
PSMT
Q1 26
$872.1M
Q4 25
$877.1M
$1.4B
Q3 25
$871.5M
$1.3B
Q2 25
$868.5M
$1.3B
Q1 25
$865.2M
$1.4B
Q4 24
$858.6M
$1.3B
Q3 24
$859.2M
$1.2B
Q2 24
$850.5M
$1.2B
Net Profit
BXP
BXP
PSMT
PSMT
Q1 26
$133.0M
Q4 25
$248.4M
$40.2M
Q3 25
$-121.7M
$31.5M
Q2 25
$89.0M
$35.2M
Q1 25
$61.2M
$43.8M
Q4 24
$-228.9M
$37.4M
Q3 24
$83.6M
$29.1M
Q2 24
$79.6M
$32.5M
Gross Margin
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
58.8%
17.7%
Q3 25
59.3%
Q2 25
59.2%
Q1 25
59.2%
17.1%
Q4 24
59.7%
17.4%
Q3 24
59.5%
Q2 24
59.8%
Operating Margin
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
4.6%
Q3 25
4.0%
Q2 25
4.3%
Q1 25
4.8%
Q4 24
4.6%
Q3 24
4.0%
Q2 24
4.1%
Net Margin
BXP
BXP
PSMT
PSMT
Q1 26
15.3%
Q4 25
28.3%
2.9%
Q3 25
-14.0%
2.4%
Q2 25
10.2%
2.7%
Q1 25
7.1%
3.2%
Q4 24
-26.7%
3.0%
Q3 24
9.7%
2.4%
Q2 24
9.4%
2.6%
EPS (diluted)
BXP
BXP
PSMT
PSMT
Q1 26
$1.69
Q4 25
$1.56
$1.29
Q3 25
$-0.77
$1.02
Q2 25
$0.56
$1.14
Q1 25
$0.39
$1.45
Q4 24
$-1.46
$1.21
Q3 24
$0.53
$0.94
Q2 24
$0.51
$1.08

Balance Sheet & Financial Strength

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

Metric
BXP
BXP
PSMT
PSMT
Cash + ST InvestmentsLiquidity on hand
$512.8M
$320.6M
Total DebtLower is stronger
$180.3M
Stockholders' EquityBook value
$7.7B
$1.3B
Total Assets
$25.1B
$2.4B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXP
BXP
PSMT
PSMT
Q1 26
$512.8M
Q4 25
$1.5B
$320.6M
Q3 25
$861.1M
$314.2M
Q2 25
$447.0M
$262.4M
Q1 25
$398.1M
$247.3M
Q4 24
$1.3B
$222.2M
Q3 24
$1.4B
$225.5M
Q2 24
$685.4M
$228.2M
Total Debt
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
$180.3M
Q3 25
$186.6M
Q2 25
$103.1M
Q1 25
$107.1M
Q4 24
$115.6M
Q3 24
$130.4M
Q2 24
$135.1M
Stockholders' Equity
BXP
BXP
PSMT
PSMT
Q1 26
$7.7B
Q4 25
$5.1B
$1.3B
Q3 25
$5.0B
$1.2B
Q2 25
$5.3B
$1.2B
Q1 25
$5.3B
$1.2B
Q4 24
$5.4B
$1.2B
Q3 24
$5.8B
$1.1B
Q2 24
$5.8B
$1.1B
Total Assets
BXP
BXP
PSMT
PSMT
Q1 26
$25.1B
Q4 25
$26.2B
$2.4B
Q3 25
$26.0B
$2.3B
Q2 25
$25.6B
$2.1B
Q1 25
$25.4B
$2.1B
Q4 24
$26.1B
$2.1B
Q3 24
$26.4B
$2.0B
Q2 24
$25.5B
$2.0B
Debt / Equity
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
0.14×
Q3 25
0.15×
Q2 25
0.08×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.12×
Q2 24
0.12×

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
PSMT
PSMT
Operating Cash FlowLast quarter
$71.2M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
2.4%
Capex IntensityCapex / Revenue
1.5%
2.8%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
$407.8M
$71.2M
Q3 25
$274.2M
$82.1M
Q2 25
$353.1M
$52.8M
Q1 25
$210.0M
$87.9M
Q4 24
$383.7M
$38.5M
Q3 24
$286.1M
$41.8M
Q2 24
$367.1M
$38.1M
Free Cash Flow
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
$362.7M
$32.6M
Q3 25
$231.6M
$25.6M
Q2 25
$281.5M
$14.0M
Q1 25
$152.6M
$53.2M
Q4 24
$312.5M
$10.3M
Q3 24
$234.5M
$15.2M
Q2 24
$332.4M
$-308.0K
FCF Margin
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
41.4%
2.4%
Q3 25
26.6%
1.9%
Q2 25
32.4%
1.1%
Q1 25
17.6%
3.9%
Q4 24
36.4%
0.8%
Q3 24
27.3%
1.2%
Q2 24
39.1%
-0.0%
Capex Intensity
BXP
BXP
PSMT
PSMT
Q1 26
1.5%
Q4 25
5.1%
2.8%
Q3 25
4.9%
4.2%
Q2 25
8.2%
2.9%
Q1 25
6.6%
2.5%
Q4 24
8.3%
2.2%
Q3 24
6.0%
2.2%
Q2 24
4.1%
3.1%
Cash Conversion
BXP
BXP
PSMT
PSMT
Q1 26
Q4 25
1.64×
1.77×
Q3 25
2.60×
Q2 25
3.97×
1.50×
Q1 25
3.43×
2.01×
Q4 24
1.03×
Q3 24
3.42×
1.44×
Q2 24
4.61×
1.17×

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%

PSMT
PSMT

Fresh Foods$454.9M33%
Caribbean Operations Segment$396.5M29%
Colombia Operations Segment$204.1M15%
Hardlines$162.6M12%
Softlines$99.8M7%
ship Income Member$24.5M2%
Health Services$14.5M1%
Other Revenue And Income$4.2M0%
United States Operations Segment$510.0K0%
Export Sales$359.0K0%

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