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BRANDYWINE REALTY TRUST（BDN）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
BRANDYWINE REALTY TRUST的季度营收约是RESOURCES CONNECTION, INC.的1.1倍（$127.0M vs $117.7M），RESOURCES CONNECTION, INC.净利率更高（-10.8% vs -38.4%，领先27.7%），BRANDYWINE REALTY TRUST同比增速更快（4.5% vs -19.2%），过去两年BRANDYWINE REALTY TRUST的营收复合增速更高（0.7% vs -11.8%）
白兰地房地产信托是一家总部位于费城的房地产投资信托基金（REIT），核心投资方向为费城、华盛顿特区以及德克萨斯州奥斯汀的写字楼物业，是美国聚焦核心都市商务地产的专业REIT运营商。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
BDN vs RGP — 直观对比
营收规模更大
BDN
是对方的1.1倍
$117.7M
营收增速更快
BDN
高出23.7%
-19.2%
净利率更高
RGP
高出27.7%
-38.4%
两年增速更快
BDN
近两年复合增速
-11.8%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $127.0M | $117.7M |
| 净利润 | $-48.8M | $-12.7M |
| 毛利率 | — | 37.1% |
| 营业利润率 | 1.2% | -10.3% |
| 净利率 | -38.4% | -10.8% |
| 营收同比 | 4.5% | -19.2% |
| 净利润同比 | -80.4% | 81.6% |
| 每股收益（稀释后） | $-0.28 | $-0.38 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BDNRGP
| Q1 26 | $127.0M | — | ||
| Q4 25 | $121.0M | $117.7M | ||
| Q3 25 | $121.4M | $120.2M | ||
| Q2 25 | $120.6M | $139.3M | ||
| Q1 25 | $121.5M | $129.4M | ||
| Q4 24 | $121.9M | $145.6M | ||
| Q3 24 | $131.8M | $136.9M | ||
| Q2 24 | $125.3M | $148.2M |
净利润BDNRGP
| Q1 26 | $-48.8M | — | ||
| Q4 25 | $-36.7M | $-12.7M | ||
| Q3 25 | $-25.9M | $-2.4M | ||
| Q2 25 | $-88.7M | $-73.3M | ||
| Q1 25 | $-27.0M | $-44.1M | ||
| Q4 24 | $-44.5M | $-68.7M | ||
| Q3 24 | $-165.2M | $-5.7M | ||
| Q2 24 | $30.2M | $10.5M |
毛利率BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | 61.3% | 37.1% | ||
| Q3 25 | 62.6% | 39.5% | ||
| Q2 25 | 62.4% | 40.2% | ||
| Q1 25 | 60.8% | 35.1% | ||
| Q4 24 | 61.2% | 38.5% | ||
| Q3 24 | 64.9% | 36.5% | ||
| Q2 24 | 63.1% | 40.2% |
营业利润率BDNRGP
| Q1 26 | 1.2% | — | ||
| Q4 25 | 22.8% | -10.3% | ||
| Q3 25 | 20.8% | -1.7% | ||
| Q2 25 | -34.3% | -47.0% | ||
| Q1 25 | 12.5% | -38.4% | ||
| Q4 24 | 18.0% | -52.7% | ||
| Q3 24 | -7.2% | -3.5% | ||
| Q2 24 | 15.5% | 7.6% |
净利率BDNRGP
| Q1 26 | -38.4% | — | ||
| Q4 25 | -30.3% | -10.8% | ||
| Q3 25 | -21.3% | -2.0% | ||
| Q2 25 | -73.5% | -52.6% | ||
| Q1 25 | -22.2% | -34.0% | ||
| Q4 24 | -36.5% | -47.2% | ||
| Q3 24 | -125.4% | -4.2% | ||
| Q2 24 | 24.1% | 7.1% |
每股收益（稀释后）BDNRGP
| Q1 26 | $-0.28 | — | ||
| Q4 25 | $-0.21 | $-0.38 | ||
| Q3 25 | $-0.15 | $-0.07 | ||
| Q2 25 | $-0.51 | $-2.21 | ||
| Q1 25 | $-0.16 | $-1.34 | ||
| Q4 24 | $-0.25 | $-2.08 | ||
| Q3 24 | $-0.96 | $-0.17 | ||
| Q2 24 | $0.17 | $0.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $36.2M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $194.6M |
| 总资产 | $3.6B | $289.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BDNRGP
| Q1 26 | $36.2M | — | ||
| Q4 25 | $32.3M | $89.8M | ||
| Q3 25 | $75.5M | $77.5M | ||
| Q2 25 | $122.6M | $86.1M | ||
| Q1 25 | $29.4M | $72.5M | ||
| Q4 24 | $90.2M | $78.2M | ||
| Q3 24 | $36.5M | $89.6M | ||
| Q2 24 | $30.4M | $108.9M |
总债务BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — |
股东权益BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | $792.7M | $194.6M | ||
| Q3 25 | $841.5M | $206.4M | ||
| Q2 25 | $879.8M | $207.1M | ||
| Q1 25 | $993.6M | $277.8M | ||
| Q4 24 | $1.0B | $325.7M | ||
| Q3 24 | $1.1B | $407.2M | ||
| Q2 24 | $1.3B | $418.8M |
总资产BDNRGP
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $289.3M | ||
| Q3 25 | $3.3B | $287.2M | ||
| Q2 25 | $3.4B | $304.7M | ||
| Q1 25 | $3.4B | $375.6M | ||
| Q4 24 | $3.5B | $424.9M | ||
| Q3 24 | $3.6B | $512.9M | ||
| Q2 24 | $3.8B | $510.9M |
负债/权益比BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | 3.23× | — | ||
| Q3 25 | 2.70× | — | ||
| Q2 25 | 2.63× | — | ||
| Q1 25 | 2.23× | — | ||
| Q4 24 | 2.13× | — | ||
| Q3 24 | 2.06× | — | ||
| Q2 24 | 1.73× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $15.9M |
| 自由现金流经营现金流 - 资本支出 | — | $15.6M |
| 自由现金流率自由现金流/营收 | — | 13.2% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $24.3M |
8季度趋势，按日历期对齐
经营现金流BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | $116.7M | $15.9M | ||
| Q3 25 | $47.5M | $-7.8M | ||
| Q2 25 | $34.4M | $16.8M | ||
| Q1 25 | $6.3M | $659.0K | ||
| Q4 24 | $181.1M | $1.8M | ||
| Q3 24 | $52.2M | $-309.0K | ||
| Q2 24 | $48.2M | $3.2M |
自由现金流BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $-8.0M | ||
| Q2 25 | — | $16.5M | ||
| Q1 25 | — | $238.0K | ||
| Q4 24 | — | $61.0K | ||
| Q3 24 | — | $-575.0K | ||
| Q2 24 | — | $3.0M |
自由现金流率BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | -6.6% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | — | 2.1% |
资本支出强度BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% |
现金转化率BDNRGP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.60× | 0.30× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BDN
| Rents | $120.7M | 95% |
| Third party management fees, labor reimbursement and leasing | $4.7M | 4% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
