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BXP, Inc.（BXP）与科慕（CC）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是BXP, Inc.的1.5倍（$1.3B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -3.5%，领先18.8%），BXP, Inc.同比增速更快（0.8% vs -2.1%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -1.2%）
BXP是美国头部商业地产投资信托企业，核心业务为持有、运营及开发A级高端写字楼资产，项目覆盖纽约、波士顿、旧金山等美国核心都市圈，服务企业、科技、专业服务等领域的多元租户。
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
BXP vs CC — 直观对比
营收规模更大
CC
是对方的1.5倍
$872.1M
营收增速更快
BXP
高出2.9%
-2.1%
净利率更高
BXP
高出18.8%
-3.5%
两年增速更快
BXP
近两年复合增速
-1.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.3B |
| 净利润 | $133.0M | $-47.0M |
| 毛利率 | — | 11.7% |
| 营业利润率 | — | — |
| 净利率 | 15.3% | -3.5% |
| 营收同比 | 0.8% | -2.1% |
| 净利润同比 | 53.0% | -261.5% |
| 每股收益（稀释后） | $1.69 | $-0.32 |
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BXPCC
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.5B | ||
| Q2 25 | $868.5M | $1.6B | ||
| Q1 25 | $865.2M | $1.4B | ||
| Q4 24 | $858.6M | $1.4B | ||
| Q3 24 | $859.2M | $1.5B | ||
| Q2 24 | $850.5M | $1.6B |
净利润BXPCC
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-47.0M | ||
| Q3 25 | $-121.7M | $46.0M | ||
| Q2 25 | $89.0M | $-380.0M | ||
| Q1 25 | $61.2M | $-5.0M | ||
| Q4 24 | $-228.9M | $-13.0M | ||
| Q3 24 | $83.6M | $-32.0M | ||
| Q2 24 | $79.6M | $60.0M |
毛利率BXPCC
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 11.7% | ||
| Q3 25 | 59.3% | 15.6% | ||
| Q2 25 | 59.2% | 17.2% | ||
| Q1 25 | 59.2% | 17.3% | ||
| Q4 24 | 59.7% | 19.4% | ||
| Q3 24 | 59.5% | 19.0% | ||
| Q2 24 | 59.8% | 19.8% |
营业利润率BXPCC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | -15.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | -2.1% | ||
| Q2 24 | — | 4.4% |
净利率BXPCC
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -3.5% | ||
| Q3 25 | -14.0% | 3.1% | ||
| Q2 25 | 10.2% | -23.5% | ||
| Q1 25 | 7.1% | -0.4% | ||
| Q4 24 | -26.7% | -1.0% | ||
| Q3 24 | 9.7% | -2.1% | ||
| Q2 24 | 9.4% | 3.9% |
每股收益（稀释后）BXPCC
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.32 | ||
| Q3 25 | $-0.77 | $0.31 | ||
| Q2 25 | $0.56 | $-2.53 | ||
| Q1 25 | $0.39 | $-0.03 | ||
| Q4 24 | $-1.46 | $-0.07 | ||
| Q3 24 | $0.53 | $-0.22 | ||
| Q2 24 | $0.51 | $0.39 |
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 | $512.8M | $670.0M |
| 总债务越低越好 | — | $4.1B |
| 股东权益账面价值 | $7.7B | $250.0M |
| 总资产 | $25.1B | $7.4B |
| 负债/权益比越低杠杆越低 | — | 16.40× |
8季度趋势，按日历期对齐
现金及短期投资BXPCC
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $670.0M | ||
| Q3 25 | $861.1M | $613.0M | ||
| Q2 25 | $447.0M | $502.0M | ||
| Q1 25 | $398.1M | $464.0M | ||
| Q4 24 | $1.3B | $713.0M | ||
| Q3 24 | $1.4B | $596.0M | ||
| Q2 24 | $685.4M | $604.0M |
总债务BXPCC
| Q1 26 | — | — | ||
| Q4 25 | — | $4.1B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B |
股东权益BXPCC
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $250.0M | ||
| Q3 25 | $5.0B | $274.0M | ||
| Q2 25 | $5.3B | $228.0M | ||
| Q1 25 | $5.3B | $566.0M | ||
| Q4 24 | $5.4B | $571.0M | ||
| Q3 24 | $5.8B | $643.0M | ||
| Q2 24 | $5.8B | $714.0M |
总资产BXPCC
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $7.4B | ||
| Q3 25 | $26.0B | $7.5B | ||
| Q2 25 | $25.6B | $7.5B | ||
| Q1 25 | $25.4B | $7.4B | ||
| Q4 24 | $26.1B | $7.5B | ||
| Q3 24 | $26.4B | $7.5B | ||
| Q2 24 | $25.5B | $7.2B |
负债/权益比BXPCC
| Q1 26 | — | — | ||
| Q4 25 | — | 16.40× | ||
| Q3 25 | — | 14.96× | ||
| Q2 25 | — | 17.99× | ||
| Q1 25 | — | 7.18× | ||
| Q4 24 | — | 7.11× | ||
| Q3 24 | — | 6.20× | ||
| Q2 24 | — | 5.53× |
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 | — | $137.0M |
| 自由现金流经营现金流 - 资本支出 | — | $92.0M |
| 自由现金流率自由现金流/营收 | — | 6.9% |
| 资本支出强度资本支出/营收 | 1.5% | 3.4% |
| 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 | — | $51.0M |
8季度趋势，按日历期对齐
经营现金流BXPCC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $137.0M | ||
| Q3 25 | $274.2M | $146.0M | ||
| Q2 25 | $353.1M | $93.0M | ||
| Q1 25 | $210.0M | $-112.0M | ||
| Q4 24 | $383.7M | $138.0M | ||
| Q3 24 | $286.1M | $139.0M | ||
| Q2 24 | $367.1M | $-620.0M |
自由现金流BXPCC
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $92.0M | ||
| Q3 25 | $231.6M | $105.0M | ||
| Q2 25 | $281.5M | $50.0M | ||
| Q1 25 | $152.6M | $-196.0M | ||
| Q4 24 | $312.5M | $29.0M | ||
| Q3 24 | $234.5M | $63.0M | ||
| Q2 24 | $332.4M | $-693.0M |
自由现金流率BXPCC
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 6.9% | ||
| Q3 25 | 26.6% | 7.0% | ||
| Q2 25 | 32.4% | 3.1% | ||
| Q1 25 | 17.6% | -14.3% | ||
| Q4 24 | 36.4% | 2.1% | ||
| Q3 24 | 27.3% | 4.2% | ||
| Q2 24 | 39.1% | -44.6% |
资本支出强度BXPCC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.4% | ||
| Q3 25 | 4.9% | 2.7% | ||
| Q2 25 | 8.2% | 2.7% | ||
| Q1 25 | 6.6% | 6.1% | ||
| Q4 24 | 8.3% | 8.0% | ||
| Q3 24 | 6.0% | 5.0% | ||
| Q2 24 | 4.1% | 4.7% |
现金转化率BXPCC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 3.17× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | -10.33× |
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
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
