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BXP, Inc.（BXP）与Calumet, Inc.（CLMT）财务数据对比。点击上方公司名可切换其他公司
Calumet, Inc.的季度营收约是BXP, Inc.的1.2倍（$1.0B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -3.6%，领先18.8%）
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。
Calumet是总部位于美国的特种产品企业，专注于生产和分销高价值碳氢化合物与特种化学品，产品覆盖特种油、润滑剂、蜡制品及可再生燃料解决方案，服务北美及全球的工业、消费、交通等下游领域。
BXP vs CLMT — 直观对比
营收规模更大
CLMT
是对方的1.2倍
$872.1M
净利率更高
BXP
高出18.8%
-3.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.0B |
| 净利润 | $133.0M | $-37.3M |
| 毛利率 | — | -0.3% |
| 营业利润率 | — | -6.2% |
| 净利率 | 15.3% | -3.6% |
| 营收同比 | 0.8% | — |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $-0.43 |
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BXPCLMT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.0B | ||
| Q3 25 | $871.5M | $1.1B | ||
| Q2 25 | $868.5M | $1.0B | ||
| Q1 25 | $865.2M | $993.9M | ||
| Q4 24 | $858.6M | — | ||
| Q3 24 | $859.2M | $1.1B | ||
| Q2 24 | $850.5M | $1.1B |
净利润BXPCLMT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-37.3M | ||
| Q3 25 | $-121.7M | $313.4M | ||
| Q2 25 | $89.0M | $-147.9M | ||
| Q1 25 | $61.2M | $-162.0M | ||
| Q4 24 | $-228.9M | — | ||
| Q3 24 | $83.6M | $-100.6M | ||
| Q2 24 | $79.6M | $-39.1M |
毛利率BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | -0.3% | ||
| Q3 25 | 59.3% | 34.7% | ||
| Q2 25 | 59.2% | -4.2% | ||
| Q1 25 | 59.2% | -8.2% | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | 0.4% | ||
| Q2 24 | 59.8% | 5.6% |
营业利润率BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | — | -6.2% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | — | -4.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -5.2% | ||
| Q2 24 | — | 0.5% |
净利率BXPCLMT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -3.6% | ||
| Q3 25 | -14.0% | 29.1% | ||
| Q2 25 | 10.2% | -14.4% | ||
| Q1 25 | 7.1% | -16.3% | ||
| Q4 24 | -26.7% | — | ||
| Q3 24 | 9.7% | -9.1% | ||
| Q2 24 | 9.4% | -3.4% |
每股收益（稀释后）BXPCLMT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.43 | ||
| Q3 25 | $-0.77 | $3.61 | ||
| Q2 25 | $0.56 | $-1.70 | ||
| Q1 25 | $0.39 | $-1.87 | ||
| Q4 24 | $-1.46 | — | ||
| Q3 24 | $0.53 | $-1.18 | ||
| Q2 24 | $0.51 | $-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 | $512.8M | $125.1M |
| 总债务越低越好 | — | $2.1B |
| 股东权益账面价值 | $7.7B | $-732.7M |
| 总资产 | $25.1B | $2.7B |
| 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BXPCLMT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $125.1M | ||
| Q3 25 | $861.1M | $94.6M | ||
| Q2 25 | $447.0M | $110.6M | ||
| Q1 25 | $398.1M | $123.4M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $34.6M | ||
| Q2 24 | $685.4M | $7.0M |
总债务BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | — |
股东权益BXPCLMT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $-732.7M | ||
| Q3 25 | $5.0B | $-695.3M | ||
| Q2 25 | $5.3B | $-1.0B | ||
| Q1 25 | $5.3B | $-862.3M | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.8B | $-672.2M | ||
| Q2 24 | $5.8B | $-566.4M |
总资产BXPCLMT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.7B | ||
| Q3 25 | $26.0B | $2.7B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | $2.8B | ||
| Q4 24 | $26.1B | — | ||
| Q3 24 | $26.4B | $2.6B | ||
| Q2 24 | $25.5B | $100 |
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 | — | $116.5M |
| 自由现金流经营现金流 - 资本支出 | — | $103.8M |
| 自由现金流率自由现金流/营收 | — | 10.0% |
| 资本支出强度资本支出/营收 | 1.5% | 1.2% |
| 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 | — | $56.6M |
8季度趋势，按日历期对齐
经营现金流BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $116.5M | ||
| Q3 25 | $274.2M | $23.5M | ||
| Q2 25 | $353.1M | $-1.8M | ||
| Q1 25 | $210.0M | $-29.3M | ||
| Q4 24 | $383.7M | — | ||
| Q3 24 | $286.1M | $-15.5M | ||
| Q2 24 | $367.1M | — |
自由现金流BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $103.8M | ||
| Q3 25 | $231.6M | $15.1M | ||
| Q2 25 | $281.5M | $-15.4M | ||
| Q1 25 | $152.6M | $-46.9M | ||
| Q4 24 | $312.5M | — | ||
| Q3 24 | $234.5M | $-32.2M | ||
| Q2 24 | $332.4M | — |
自由现金流率BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 10.0% | ||
| Q3 25 | 26.6% | 1.4% | ||
| Q2 25 | 32.4% | -1.5% | ||
| Q1 25 | 17.6% | -4.7% | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 27.3% | -2.9% | ||
| Q2 24 | 39.1% | — |
资本支出强度BXPCLMT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.2% | ||
| Q3 25 | 4.9% | 0.8% | ||
| Q2 25 | 8.2% | 1.3% | ||
| Q1 25 | 6.6% | 1.8% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 6.0% | 1.5% | ||
| Q2 24 | 4.1% | 2.2% |
现金转化率BXPCLMT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | — |
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% |
CLMT
| Specialty Products And Solutions | $675.9M | 65% |
| Montana Renewables | $294.2M | 28% |
| Performance Brands | $68.5M | 7% |
