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BXP, Inc.（BXP）与CLOVER HEALTH INVESTMENTS, CORP.（CLOV）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是CLOVER HEALTH INVESTMENTS, CORP.的1.8倍（$872.1M vs $487.7M），BXP, Inc.净利率更高（15.3% vs -10.1%，领先25.4%），CLOVER HEALTH INVESTMENTS, CORP.同比增速更快（44.7% vs 0.8%），过去两年CLOVER HEALTH INVESTMENTS, CORP.的营收复合增速更高（18.6% vs 1.3%）
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。
克利弗健康投资公司是2014年成立的美国医疗保健企业，主营联邦医疗保险优势计划保险产品，是与美国政府直接签约合作的机构。目前公司为美国11个州的联邦医疗保险参保人提供健康管理服务，并已于2021年1月8日公开上市。
BXP vs CLOV — 直观对比
营收规模更大
BXP
是对方的1.8倍
$487.7M
营收增速更快
CLOV
高出43.9%
0.8%
净利率更高
BXP
高出25.4%
-10.1%
两年增速更快
CLOV
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $487.7M |
| 净利润 | $133.0M | $-49.3M |
| 毛利率 | — | — |
| 营业利润率 | — | -10.1% |
| 净利率 | 15.3% | -10.1% |
| 营收同比 | 0.8% | 44.7% |
| 净利润同比 | 53.0% | -123.2% |
| 每股收益（稀释后） | $1.69 | — |
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BXPCLOV
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $487.7M | ||
| Q3 25 | $871.5M | $496.6M | ||
| Q2 25 | $868.5M | $477.6M | ||
| Q1 25 | $865.2M | $462.3M | ||
| Q4 24 | $858.6M | $337.0M | ||
| Q3 24 | $859.2M | $331.0M | ||
| Q2 24 | $850.5M | $356.3M |
净利润BXPCLOV
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-49.3M | ||
| Q3 25 | $-121.7M | $-24.4M | ||
| Q2 25 | $89.0M | $-10.6M | ||
| Q1 25 | $61.2M | $-1.3M | ||
| Q4 24 | $-228.9M | $-22.1M | ||
| Q3 24 | $83.6M | $-9.2M | ||
| Q2 24 | $79.6M | $7.4M |
毛利率BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | 24.5% | ||
| Q2 24 | 59.8% | 30.3% |
营业利润率BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | — | -10.1% | ||
| Q3 25 | — | -4.9% | ||
| Q2 25 | — | -2.2% | ||
| Q1 25 | — | -0.3% | ||
| Q4 24 | — | -6.4% | ||
| Q3 24 | — | -2.7% | ||
| Q2 24 | — | 2.0% |
净利率BXPCLOV
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -10.1% | ||
| Q3 25 | -14.0% | -4.9% | ||
| Q2 25 | 10.2% | -2.2% | ||
| Q1 25 | 7.1% | -0.3% | ||
| Q4 24 | -26.7% | -6.6% | ||
| Q3 24 | 9.7% | -2.8% | ||
| Q2 24 | 9.4% | 2.1% |
每股收益（稀释后）BXPCLOV
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | — | ||
| Q3 25 | $-0.77 | — | ||
| Q2 25 | $0.56 | — | ||
| Q1 25 | $0.39 | — | ||
| Q4 24 | $-1.46 | — | ||
| Q3 24 | $0.53 | — | ||
| Q2 24 | $0.51 | — |
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 | $78.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $308.7M |
| 总资产 | $25.1B | $541.0M |
| 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BXPCLOV
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $78.3M | ||
| Q3 25 | $861.1M | — | ||
| Q2 25 | $447.0M | — | ||
| Q1 25 | $398.1M | — | ||
| Q4 24 | $1.3B | $194.5M | ||
| Q3 24 | $1.4B | $288.0M | ||
| Q2 24 | $685.4M | $254.8M |
股东权益BXPCLOV
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $308.7M | ||
| Q3 25 | $5.0B | $340.9M | ||
| Q2 25 | $5.3B | $344.2M | ||
| Q1 25 | $5.3B | $336.1M | ||
| Q4 24 | $5.4B | $341.1M | ||
| Q3 24 | $5.8B | $342.2M | ||
| Q2 24 | $5.8B | $324.9M |
总资产BXPCLOV
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $541.0M | ||
| Q3 25 | $26.0B | $559.7M | ||
| Q2 25 | $25.6B | $575.0M | ||
| Q1 25 | $25.4B | $583.7M | ||
| Q4 24 | $26.1B | $580.7M | ||
| Q3 24 | $26.4B | $653.0M | ||
| Q2 24 | $25.5B | $674.2M |
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 | — | $-66.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-69.0M |
| 自由现金流率自由现金流/营收 | — | -14.1% |
| 资本支出强度资本支出/营收 | 1.5% | 0.4% |
| 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 | — | $-69.2M |
8季度趋势，按日历期对齐
经营现金流BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $-66.9M | ||
| Q3 25 | $274.2M | $12.1M | ||
| Q2 25 | $353.1M | $5.4M | ||
| Q1 25 | $210.0M | $-16.3M | ||
| Q4 24 | $383.7M | $34.8M | ||
| Q3 24 | $286.1M | $50.0M | ||
| Q2 24 | $367.1M | $44.8M |
自由现金流BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-69.0M | ||
| Q3 25 | $231.6M | $11.4M | ||
| Q2 25 | $281.5M | $4.8M | ||
| Q1 25 | $152.6M | $-16.5M | ||
| Q4 24 | $312.5M | $33.3M | ||
| Q3 24 | $234.5M | $49.6M | ||
| Q2 24 | $332.4M | $44.4M |
自由现金流率BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -14.1% | ||
| Q3 25 | 26.6% | 2.3% | ||
| Q2 25 | 32.4% | 1.0% | ||
| Q1 25 | 17.6% | -3.6% | ||
| Q4 24 | 36.4% | 9.9% | ||
| Q3 24 | 27.3% | 15.0% | ||
| Q2 24 | 39.1% | 12.5% |
资本支出强度BXPCLOV
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 0.4% | ||
| Q3 25 | 4.9% | 0.1% | ||
| Q2 25 | 8.2% | 0.1% | ||
| Q1 25 | 6.6% | 0.0% | ||
| Q4 24 | 8.3% | 0.5% | ||
| Q3 24 | 6.0% | 0.1% | ||
| Q2 24 | 4.1% | 0.1% |
现金转化率BXPCLOV
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | 6.04× |
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% |
CLOV
暂无分部数据
