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BXP, Inc.（BXP）与Concentra Group Holdings Parent, Inc.（CON）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Concentra Group Holdings Parent, Inc.的1.6倍（$872.1M vs $539.1M），BXP, Inc.净利率更高（15.3% vs 6.4%，领先8.8%）
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。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
BXP vs CON — 直观对比
营收规模更大
BXP
是对方的1.6倍
$539.1M
净利率更高
BXP
高出8.8%
6.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $539.1M |
| 净利润 | $133.0M | $34.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 12.9% |
| 净利率 | 15.3% | 6.4% |
| 营收同比 | 0.8% | — |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $0.27 |
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BXPCON
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $539.1M | ||
| Q3 25 | $871.5M | $572.8M | ||
| Q2 25 | $868.5M | $550.8M | ||
| Q1 25 | $865.2M | $500.8M | ||
| Q4 24 | $858.6M | — | ||
| Q3 24 | $859.2M | $489.6M | ||
| Q2 24 | $850.5M | $477.9M |
净利润BXPCON
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $34.7M | ||
| Q3 25 | $-121.7M | $48.3M | ||
| Q2 25 | $89.0M | $44.6M | ||
| Q1 25 | $61.2M | $38.9M | ||
| Q4 24 | $-228.9M | — | ||
| Q3 24 | $83.6M | $44.3M | ||
| Q2 24 | $79.6M | $51.7M |
毛利率BXPCON
| 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% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPCON
| Q1 26 | — | — | ||
| Q4 25 | — | 12.9% | ||
| Q3 25 | — | 16.5% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 17.6% |
净利率BXPCON
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 6.4% | ||
| Q3 25 | -14.0% | 8.4% | ||
| Q2 25 | 10.2% | 8.1% | ||
| Q1 25 | 7.1% | 7.8% | ||
| Q4 24 | -26.7% | — | ||
| Q3 24 | 9.7% | 9.1% | ||
| Q2 24 | 9.4% | 10.8% |
每股收益（稀释后）BXPCON
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.27 | ||
| Q3 25 | $-0.77 | $0.38 | ||
| Q2 25 | $0.56 | $0.35 | ||
| Q1 25 | $0.39 | $0.30 | ||
| Q4 24 | $-1.46 | — | ||
| Q3 24 | $0.53 | $0.37 | ||
| Q2 24 | $0.51 | $0.50 |
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 | $79.9M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $7.7B | $393.3M |
| 总资产 | $25.1B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 3.98× |
8季度趋势，按日历期对齐
现金及短期投资BXPCON
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $79.9M | ||
| Q3 25 | $861.1M | $49.9M | ||
| Q2 25 | $447.0M | $73.9M | ||
| Q1 25 | $398.1M | $52.1M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $136.8M | ||
| Q2 24 | $685.4M | $50.7M |
总债务BXPCON
| Q1 26 | — | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $3.0M |
股东权益BXPCON
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $393.3M | ||
| Q3 25 | $5.0B | $385.5M | ||
| Q2 25 | $5.3B | $342.6M | ||
| Q1 25 | $5.3B | $307.1M | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.8B | $277.8M | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPCON
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.9B | ||
| Q3 25 | $26.0B | $2.8B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | $2.7B | ||
| Q4 24 | $26.1B | — | ||
| Q3 24 | $26.4B | $2.5B | ||
| Q2 24 | $25.5B | $2.4B |
负债/权益比BXPCON
| Q1 26 | — | — | ||
| Q4 25 | — | 3.98× | ||
| Q3 25 | — | 4.15× | ||
| Q2 25 | — | 4.82× | ||
| Q1 25 | — | 5.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.30× | ||
| Q2 24 | — | 0.00× |
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 | — | $118.7M |
| 自由现金流经营现金流 - 资本支出 | — | $98.5M |
| 自由现金流率自由现金流/营收 | — | 18.3% |
| 资本支出强度资本支出/营收 | 1.5% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 3.42× |
| 过去12个月自由现金流最近4个季度 | — | $197.1M |
8季度趋势，按日历期对齐
经营现金流BXPCON
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $118.7M | ||
| Q3 25 | $274.2M | $60.6M | ||
| Q2 25 | $353.1M | $88.4M | ||
| Q1 25 | $210.0M | $11.7M | ||
| Q4 24 | $383.7M | — | ||
| Q3 24 | $286.1M | $65.9M | ||
| Q2 24 | $367.1M | — |
自由现金流BXPCON
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $98.5M | ||
| Q3 25 | $231.6M | $39.4M | ||
| Q2 25 | $281.5M | $63.2M | ||
| Q1 25 | $152.6M | $-4.0M | ||
| Q4 24 | $312.5M | — | ||
| Q3 24 | $234.5M | $50.8M | ||
| Q2 24 | $332.4M | — |
自由现金流率BXPCON
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 18.3% | ||
| Q3 25 | 26.6% | 6.9% | ||
| Q2 25 | 32.4% | 11.5% | ||
| Q1 25 | 17.6% | -0.8% | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 27.3% | 10.4% | ||
| Q2 24 | 39.1% | — |
资本支出强度BXPCON
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.7% | ||
| Q3 25 | 4.9% | 3.7% | ||
| Q2 25 | 8.2% | 4.6% | ||
| Q1 25 | 6.6% | 3.1% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 6.0% | 3.1% | ||
| Q2 24 | 4.1% | — |
现金转化率BXPCON
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.42× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | 3.97× | 1.98× | ||
| Q1 25 | 3.43× | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 1.49× | ||
| 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% |
CON
| Occupational Health Center Workers Compensation | $328.5M | 61% |
| Occupational Health Center Employer Services | $151.9M | 28% |
| Onsite Health Clinics | $36.2M | 7% |
| Other Businesses | $12.3M | 2% |
| Occupational Health Center Consumer Health | $8.1M | 2% |
| Occupational Health Center Other | $2.1M | 0% |
