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Side-by-side financial comparison of BXP, Inc. (BXP) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $809.5M, roughly 1.1× Construction Partners, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 2.1%, a 13.1% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 0.8%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
BXP vs ROAD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $809.5M |
| Net Profit | $133.0M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | — | 6.2% |
| Net Margin | 15.3% | 2.1% |
| Revenue YoY | 0.8% | 44.1% |
| Net Profit YoY | 53.0% | 663.9% |
| EPS (diluted) | $1.69 | $0.31 |
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 | $809.5M | ||
| Q3 25 | $871.5M | $899.8M | ||
| Q2 25 | $868.5M | $779.3M | ||
| Q1 25 | $865.2M | $571.6M | ||
| Q4 24 | $858.6M | $561.6M | ||
| Q3 24 | $859.2M | $538.2M | ||
| Q2 24 | $850.5M | $517.8M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $17.2M | ||
| Q3 25 | $-121.7M | $56.6M | ||
| Q2 25 | $89.0M | $44.0M | ||
| Q1 25 | $61.2M | $4.2M | ||
| Q4 24 | $-228.9M | $-3.1M | ||
| Q3 24 | $83.6M | $29.3M | ||
| Q2 24 | $79.6M | $30.9M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 15.0% | ||
| Q3 25 | 59.3% | 17.7% | ||
| Q2 25 | 59.2% | 16.9% | ||
| Q1 25 | 59.2% | 12.5% | ||
| Q4 24 | 59.7% | 13.6% | ||
| Q3 24 | 59.5% | 15.6% | ||
| Q2 24 | 59.8% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 8.8% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 2.1% | ||
| Q3 25 | -14.0% | 6.3% | ||
| Q2 25 | 10.2% | 5.7% | ||
| Q1 25 | 7.1% | 0.7% | ||
| Q4 24 | -26.7% | -0.5% | ||
| Q3 24 | 9.7% | 5.4% | ||
| Q2 24 | 9.4% | 6.0% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.31 | ||
| Q3 25 | $-0.77 | $1.03 | ||
| Q2 25 | $0.56 | $0.79 | ||
| Q1 25 | $0.39 | $0.08 | ||
| Q4 24 | $-1.46 | $-0.06 | ||
| Q3 24 | $0.53 | $0.55 | ||
| Q2 24 | $0.51 | $0.59 |
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 | $104.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7B | $969.1M |
| Total Assets | $25.1B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $104.1M | ||
| Q3 25 | $861.1M | $156.1M | ||
| Q2 25 | $447.0M | $114.3M | ||
| Q1 25 | $398.1M | $101.9M | ||
| Q4 24 | $1.3B | $132.5M | ||
| Q3 24 | $1.4B | $74.7M | ||
| Q2 24 | $685.4M | $56.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $515.0M | ||
| Q2 24 | — | — |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $969.1M | ||
| Q3 25 | $5.0B | $912.0M | ||
| Q2 25 | $5.3B | $853.3M | ||
| Q1 25 | $5.3B | $807.9M | ||
| Q4 24 | $5.4B | $811.1M | ||
| Q3 24 | $5.8B | $573.7M | ||
| Q2 24 | $5.8B | $552.9M |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.4B | ||
| Q3 25 | $26.0B | $3.2B | ||
| Q2 25 | $25.6B | $2.9B | ||
| Q1 25 | $25.4B | $2.8B | ||
| Q4 24 | $26.1B | $2.6B | ||
| Q3 24 | $26.4B | $1.5B | ||
| Q2 24 | $25.5B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.90× | ||
| 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 | — | $82.6M |
| Free Cash FlowOCF − Capex | — | $47.1M |
| FCF MarginFCF / Revenue | — | 5.8% |
| Capex IntensityCapex / Revenue | 1.5% | 4.4% |
| Cash ConversionOCF / Net Profit | — | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $82.6M | ||
| Q3 25 | $274.2M | $112.0M | ||
| Q2 25 | $353.1M | $83.0M | ||
| Q1 25 | $210.0M | $55.6M | ||
| Q4 24 | $383.7M | $40.7M | ||
| Q3 24 | $286.1M | $95.9M | ||
| Q2 24 | $367.1M | $34.6M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $47.1M | ||
| Q3 25 | $231.6M | $78.9M | ||
| Q2 25 | $281.5M | $46.4M | ||
| Q1 25 | $152.6M | $14.2M | ||
| Q4 24 | $312.5M | $13.8M | ||
| Q3 24 | $234.5M | $78.4M | ||
| Q2 24 | $332.4M | $19.7M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 5.8% | ||
| Q3 25 | 26.6% | 8.8% | ||
| Q2 25 | 32.4% | 5.9% | ||
| Q1 25 | 17.6% | 2.5% | ||
| Q4 24 | 36.4% | 2.5% | ||
| Q3 24 | 27.3% | 14.6% | ||
| Q2 24 | 39.1% | 3.8% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 4.4% | ||
| Q3 25 | 4.9% | 3.7% | ||
| Q2 25 | 8.2% | 4.7% | ||
| Q1 25 | 6.6% | 7.2% | ||
| Q4 24 | 8.3% | 4.8% | ||
| Q3 24 | 6.0% | 3.3% | ||
| Q2 24 | 4.1% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 4.80× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | 3.97× | 1.88× | ||
| Q1 25 | 3.43× | 13.20× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 3.27× | ||
| Q2 24 | 4.61× | 1.12× |
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% |
ROAD
Segment breakdown not available.
