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Side-by-side financial comparison of BXP, Inc. (BXP) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $872.1M, roughly 1.0× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 4.1%, a 11.1% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs 0.8%). Over the past eight quarters, RH's revenue compounded faster (9.4% 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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
BXP vs RH — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $883.8M |
| Net Profit | $133.0M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | — | 12.0% |
| Net Margin | 15.3% | 4.1% |
| Revenue YoY | 0.8% | 8.9% |
| Net Profit YoY | 53.0% | 9.3% |
| EPS (diluted) | $1.69 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $871.5M | $899.2M | ||
| Q2 25 | $868.5M | $814.0M | ||
| Q1 25 | $865.2M | $812.4M | ||
| Q4 24 | $858.6M | $811.7M | ||
| Q3 24 | $859.2M | $829.7M | ||
| Q2 24 | $850.5M | $727.0M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $36.3M | ||
| Q3 25 | $-121.7M | $51.7M | ||
| Q2 25 | $89.0M | $8.0M | ||
| Q1 25 | $61.2M | $13.9M | ||
| Q4 24 | $-228.9M | $33.2M | ||
| Q3 24 | $83.6M | $29.0M | ||
| Q2 24 | $79.6M | $-3.6M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 44.1% | ||
| Q3 25 | 59.3% | 45.5% | ||
| Q2 25 | 59.2% | 43.7% | ||
| Q1 25 | 59.2% | 44.7% | ||
| Q4 24 | 59.7% | 44.5% | ||
| Q3 24 | 59.5% | 45.2% | ||
| Q2 24 | 59.8% | 43.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 7.5% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 4.1% | ||
| Q3 25 | -14.0% | 5.8% | ||
| Q2 25 | 10.2% | 1.0% | ||
| Q1 25 | 7.1% | 1.7% | ||
| Q4 24 | -26.7% | 4.1% | ||
| Q3 24 | 9.7% | 3.5% | ||
| Q2 24 | 9.4% | -0.5% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.83 | ||
| Q3 25 | $-0.77 | $2.62 | ||
| Q2 25 | $0.56 | $0.40 | ||
| Q1 25 | $0.39 | $0.71 | ||
| Q4 24 | $-1.46 | $1.66 | ||
| Q3 24 | $0.53 | $1.45 | ||
| Q2 24 | $0.51 | $-0.20 |
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 | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7B | $3.3M |
| Total Assets | $25.1B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $43.1M | ||
| Q3 25 | $861.1M | $34.6M | ||
| Q2 25 | $447.0M | $46.1M | ||
| Q1 25 | $398.1M | $30.4M | ||
| Q4 24 | $1.3B | $87.0M | ||
| Q3 24 | $1.4B | $78.3M | ||
| Q2 24 | $685.4M | $101.8M |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $3.3M | ||
| Q3 25 | $5.0B | $-40.9M | ||
| Q2 25 | $5.3B | $-110.8M | ||
| Q1 25 | $5.3B | $-163.6M | ||
| Q4 24 | $5.4B | $-183.0M | ||
| Q3 24 | $5.8B | $-234.7M | ||
| Q2 24 | $5.8B | $-289.9M |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.8B | ||
| Q3 25 | $26.0B | $4.7B | ||
| Q2 25 | $25.6B | $4.7B | ||
| Q1 25 | $25.4B | $4.6B | ||
| Q4 24 | $26.1B | $4.5B | ||
| Q3 24 | $26.4B | $4.4B | ||
| Q2 24 | $25.5B | $4.2B |
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 | — | $131.9M |
| Free Cash FlowOCF − Capex | — | $83.0M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | 1.5% | 5.5% |
| Cash ConversionOCF / Net Profit | — | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $131.9M | ||
| Q3 25 | $274.2M | $137.7M | ||
| Q2 25 | $353.1M | $86.6M | ||
| Q1 25 | $210.0M | $-18.8M | ||
| Q4 24 | $383.7M | $-31.4M | ||
| Q3 24 | $286.1M | $11.2M | ||
| Q2 24 | $367.1M | $56.1M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $83.0M | ||
| Q3 25 | $231.6M | $80.7M | ||
| Q2 25 | $281.5M | $34.1M | ||
| Q1 25 | $152.6M | $-69.7M | ||
| Q4 24 | $312.5M | $-96.0M | ||
| Q3 24 | $234.5M | $-37.9M | ||
| Q2 24 | $332.4M | $-10.1M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 9.4% | ||
| Q3 25 | 26.6% | 9.0% | ||
| Q2 25 | 32.4% | 4.2% | ||
| Q1 25 | 17.6% | -8.6% | ||
| Q4 24 | 36.4% | -11.8% | ||
| Q3 24 | 27.3% | -4.6% | ||
| Q2 24 | 39.1% | -1.4% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 5.5% | ||
| Q3 25 | 4.9% | 6.3% | ||
| Q2 25 | 8.2% | 6.5% | ||
| Q1 25 | 6.6% | 6.3% | ||
| Q4 24 | 8.3% | 8.0% | ||
| Q3 24 | 6.0% | 5.9% | ||
| Q2 24 | 4.1% | 9.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.64× | ||
| Q3 25 | — | 2.66× | ||
| Q2 25 | 3.97× | 10.78× | ||
| Q1 25 | 3.43× | -1.35× | ||
| Q4 24 | — | -0.95× | ||
| Q3 24 | 3.42× | 0.39× | ||
| 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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
