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BOX INC（BOX）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
STARWOOD PROPERTY TRUST, INC.的季度营收约是BOX INC的1.6倍（$492.9M vs $301.1M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 4.0%，领先15.7%），BOX INC同比增速更快（9.1% vs 8.5%），过去两年BOX INC的营收复合增速更高（7.0% vs -2.9%）
Box Inc.是总部位于美国加利福尼亚州红木城的上市企业，由亚伦·莱维和迪伦·史密斯于2005年创立，最初面向个人消费者服务，2009至2010年前后转向企业级市场，2015年正式上市。公司专注于开发、运营云端内容管理、协同办公及文件共享工具，帮助企业用户便捷存储、管理各类文件，提升团队协作效率。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
BOX vs STWD — 直观对比
营收规模更大
STWD
是对方的1.6倍
$301.1M
营收增速更快
BOX
高出0.6%
8.5%
净利率更高
STWD
高出15.7%
4.0%
两年增速更快
BOX
近两年复合增速
-2.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $301.1M | $492.9M |
| 净利润 | $12.1M | $96.9M |
| 毛利率 | 79.6% | — |
| 营业利润率 | 8.3% | 26.6% |
| 净利率 | 4.0% | 19.7% |
| 营收同比 | 9.1% | 8.5% |
| 净利润同比 | -6.4% | 87.7% |
| 每股收益（稀释后） | $0.05 | $0.25 |
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BOXSTWD
| Q4 25 | $301.1M | $492.9M | ||
| Q3 25 | $294.0M | $488.9M | ||
| Q2 25 | $276.3M | $444.3M | ||
| Q1 25 | $279.5M | $418.2M | ||
| Q4 24 | $275.9M | $454.4M | ||
| Q3 24 | $270.0M | $479.5M | ||
| Q2 24 | $264.7M | $489.8M | ||
| Q1 24 | $262.9M | $523.1M |
净利润BOXSTWD
| Q4 25 | $12.1M | $96.9M | ||
| Q3 25 | $13.4M | $72.6M | ||
| Q2 25 | $8.2M | $129.8M | ||
| Q1 25 | $194.0M | $112.3M | ||
| Q4 24 | $12.9M | $51.6M | ||
| Q3 24 | $20.5M | $76.1M | ||
| Q2 24 | $17.2M | $77.9M | ||
| Q1 24 | $99.2M | $154.3M |
毛利率BOXSTWD
| Q4 25 | 79.6% | — | ||
| Q3 25 | 79.1% | — | ||
| Q2 25 | 78.0% | — | ||
| Q1 25 | 79.0% | — | ||
| Q4 24 | 79.9% | — | ||
| Q3 24 | 79.4% | — | ||
| Q2 24 | 78.0% | — | ||
| Q1 24 | 76.1% | — |
营业利润率BOXSTWD
| Q4 25 | 8.3% | 26.6% | ||
| Q3 25 | 7.0% | 19.1% | ||
| Q2 25 | 2.3% | 30.5% | ||
| Q1 25 | 6.4% | 28.7% | ||
| Q4 24 | 8.5% | 15.1% | ||
| Q3 24 | 7.5% | 17.2% | ||
| Q2 24 | 6.8% | 19.1% | ||
| Q1 24 | 8.1% | 30.8% |
净利率BOXSTWD
| Q4 25 | 4.0% | 19.7% | ||
| Q3 25 | 4.6% | 14.8% | ||
| Q2 25 | 3.0% | 29.2% | ||
| Q1 25 | 69.4% | 26.8% | ||
| Q4 24 | 4.7% | 11.4% | ||
| Q3 24 | 7.6% | 15.9% | ||
| Q2 24 | 6.5% | 15.9% | ||
| Q1 24 | 37.7% | 29.5% |
每股收益（稀释后）BOXSTWD
| Q4 25 | $0.05 | $0.25 | ||
| Q3 25 | $0.05 | $0.19 | ||
| Q2 25 | $0.02 | $0.38 | ||
| Q1 25 | $1.13 | $0.33 | ||
| Q4 24 | $0.05 | $0.15 | ||
| Q3 24 | $0.10 | $0.23 | ||
| Q2 24 | $0.08 | $0.24 | ||
| Q1 24 | $0.57 | $0.48 |
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 | $729.6M | $499.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-286.6M | $6.8B |
| 总资产 | $1.6B | $63.2B |
| 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BOXSTWD
| Q4 25 | $729.6M | $499.5M | ||
| Q3 25 | $757.9M | $301.1M | ||
| Q2 25 | $790.4M | $259.9M | ||
| Q1 25 | $722.8M | $440.6M | ||
| Q4 24 | $697.9M | $377.8M | ||
| Q3 24 | $482.2M | $357.9M | ||
| Q2 24 | $566.1M | $259.3M | ||
| Q1 24 | $480.7M | $327.4M |
股东权益BOXSTWD
| Q4 25 | $-286.6M | $6.8B | ||
| Q3 25 | $-269.4M | $6.9B | ||
| Q2 25 | $-280.1M | $6.4B | ||
| Q1 25 | $-297.0M | $6.4B | ||
| Q4 24 | $-479.9M | $6.4B | ||
| Q3 24 | $-439.4M | $6.5B | ||
| Q2 24 | $-397.9M | $6.2B | ||
| Q1 24 | $-431.1M | $6.3B |
总资产BOXSTWD
| Q4 25 | $1.6B | $63.2B | ||
| Q3 25 | $1.6B | $62.4B | ||
| Q2 25 | $1.6B | $62.4B | ||
| Q1 25 | $1.7B | $62.2B | ||
| Q4 24 | $1.4B | $62.6B | ||
| Q3 24 | $1.1B | $64.2B | ||
| Q2 24 | $1.2B | $64.1B | ||
| Q1 24 | $1.2B | $66.2B |
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 | $73.0M | $488.8M |
| 自由现金流经营现金流 - 资本支出 | $71.3M | — |
| 自由现金流率自由现金流/营收 | 23.7% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 6.05× | 5.04× |
| 过去12个月自由现金流最近4个季度 | $343.5M | — |
8季度趋势，按日历期对齐
经营现金流BOXSTWD
| Q4 25 | $73.0M | $488.8M | ||
| Q3 25 | $46.0M | $337.6M | ||
| Q2 25 | $127.1M | $-87.4M | ||
| Q1 25 | $102.2M | $238.9M | ||
| Q4 24 | $62.6M | $295.6M | ||
| Q3 24 | $36.3M | $241.8M | ||
| Q2 24 | $131.2M | $53.3M | ||
| Q1 24 | $89.3M | $55.9M |
自由现金流BOXSTWD
| Q4 25 | $71.3M | — | ||
| Q3 25 | $43.9M | — | ||
| Q2 25 | $126.7M | — | ||
| Q1 25 | $101.5M | — | ||
| Q4 24 | $62.3M | — | ||
| Q3 24 | $35.9M | — | ||
| Q2 24 | $129.9M | — | ||
| Q1 24 | $89.1M | — |
自由现金流率BOXSTWD
| Q4 25 | 23.7% | — | ||
| Q3 25 | 14.9% | — | ||
| Q2 25 | 45.9% | — | ||
| Q1 25 | 36.3% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 13.3% | — | ||
| Q2 24 | 49.1% | — | ||
| Q1 24 | 33.9% | — |
资本支出强度BOXSTWD
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.1% | — |
现金转化率BOXSTWD
| Q4 25 | 6.05× | 5.04× | ||
| Q3 25 | 3.42× | 4.65× | ||
| Q2 25 | 15.51× | -0.67× | ||
| Q1 25 | 0.53× | 2.13× | ||
| Q4 24 | 4.85× | 5.72× | ||
| Q3 24 | 1.77× | 3.18× | ||
| Q2 24 | 7.62× | 0.68× | ||
| Q1 24 | 0.90× | 0.36× |
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
BOX
暂无分部数据
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
