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BXP, Inc.（BXP）与科蒂（COTY）财务数据对比。点击上方公司名可切换其他公司
科蒂的季度营收约是BXP, Inc.的1.9倍（$1.7B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -7.4%，领先22.6%），BXP, Inc.同比增速更快（0.8% vs 0.5%），过去两年科蒂的营收复合增速更高（10.1% 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。
科蒂是1904年由弗朗索瓦·科蒂在巴黎创立的跨国美妆企业，现注册地为美国特拉华州，全球总部位于荷兰阿姆斯特丹。旗下业务覆盖香水、彩妆、护肤、美甲产品以及专业线和零售线护发产品的研发、生产、营销与分销，截至2024年共拥有约40个品牌。
BXP vs COTY — 直观对比
营收规模更大
COTY
是对方的1.9倍
$872.1M
营收增速更快
BXP
高出0.3%
0.5%
净利率更高
BXP
高出22.6%
-7.4%
两年增速更快
COTY
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.7B |
| 净利润 | $133.0M | $-123.6M |
| 毛利率 | — | 63.8% |
| 营业利润率 | — | 8.8% |
| 净利率 | 15.3% | -7.4% |
| 营收同比 | 0.8% | 0.5% |
| 净利润同比 | 53.0% | -621.5% |
| 每股收益（稀释后） | $1.69 | $-0.14 |
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BXPCOTY
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.7B | ||
| Q3 25 | $871.5M | $1.6B | ||
| Q2 25 | $868.5M | $1.3B | ||
| Q1 25 | $865.2M | $1.3B | ||
| Q4 24 | $858.6M | $1.7B | ||
| Q3 24 | $859.2M | $1.7B | ||
| Q2 24 | $850.5M | $1.4B |
净利润BXPCOTY
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-123.6M | ||
| Q3 25 | $-121.7M | $67.9M | ||
| Q2 25 | $89.0M | $-68.8M | ||
| Q1 25 | $61.2M | $-405.7M | ||
| Q4 24 | $-228.9M | $23.7M | ||
| Q3 24 | $83.6M | $82.9M | ||
| Q2 24 | $79.6M | $-96.9M |
毛利率BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 63.8% | ||
| Q3 25 | 59.3% | 64.5% | ||
| Q2 25 | 59.2% | 62.3% | ||
| Q1 25 | 59.2% | 64.1% | ||
| Q4 24 | 59.7% | 66.7% | ||
| Q3 24 | 59.5% | 65.5% | ||
| Q2 24 | 59.8% | 64.2% |
营业利润率BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | — | 8.8% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | -21.6% | ||
| Q4 24 | — | 16.1% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 2.5% |
净利率BXPCOTY
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -7.4% | ||
| Q3 25 | -14.0% | 4.3% | ||
| Q2 25 | 10.2% | -5.5% | ||
| Q1 25 | 7.1% | -31.2% | ||
| Q4 24 | -26.7% | 1.4% | ||
| Q3 24 | 9.7% | 5.0% | ||
| Q2 24 | 9.4% | -7.1% |
每股收益（稀释后）BXPCOTY
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.14 | ||
| Q3 25 | $-0.77 | $0.07 | ||
| Q2 25 | $0.56 | $-0.08 | ||
| Q1 25 | $0.39 | $-0.47 | ||
| Q4 24 | $-1.46 | $0.02 | ||
| Q3 24 | $0.53 | $0.09 | ||
| Q2 24 | $0.51 | $-0.11 |
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 | $436.7M |
| 总债务越低越好 | — | $3.0B |
| 股东权益账面价值 | $7.7B | $3.5B |
| 总资产 | $25.1B | $11.1B |
| 负债/权益比越低杠杆越低 | — | 0.85× |
8季度趋势，按日历期对齐
现金及短期投资BXPCOTY
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $436.7M | ||
| Q3 25 | $861.1M | $264.6M | ||
| Q2 25 | $447.0M | $257.1M | ||
| Q1 25 | $398.1M | $243.5M | ||
| Q4 24 | $1.3B | $249.6M | ||
| Q3 24 | $1.4B | $283.6M | ||
| Q2 24 | $685.4M | $300.8M |
总债务BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.8B |
股东权益BXPCOTY
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $3.5B | ||
| Q3 25 | $5.0B | $3.6B | ||
| Q2 25 | $5.3B | $3.5B | ||
| Q1 25 | $5.3B | $3.5B | ||
| Q4 24 | $5.4B | $3.8B | ||
| Q3 24 | $5.8B | $4.0B | ||
| Q2 24 | $5.8B | $3.8B |
总资产BXPCOTY
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $11.1B | ||
| Q3 25 | $26.0B | $12.1B | ||
| Q2 25 | $25.6B | $11.9B | ||
| Q1 25 | $25.4B | $11.5B | ||
| Q4 24 | $26.1B | $11.7B | ||
| Q3 24 | $26.4B | $12.5B | ||
| Q2 24 | $25.5B | $12.1B |
负债/权益比BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | — | 0.85× | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.97× | ||
| Q2 24 | — | 1.00× |
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 | — | $559.7M |
| 自由现金流经营现金流 - 资本支出 | — | $513.1M |
| 自由现金流率自由现金流/营收 | — | 30.6% |
| 资本支出强度资本支出/营收 | 1.5% | 2.8% |
| 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 | — | $390.8M |
8季度趋势，按日历期对齐
经营现金流BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $559.7M | ||
| Q3 25 | $274.2M | $65.2M | ||
| Q2 25 | $353.1M | $83.2M | ||
| Q1 25 | $210.0M | $-122.5M | ||
| Q4 24 | $383.7M | $464.5M | ||
| Q3 24 | $286.1M | $67.4M | ||
| Q2 24 | $367.1M | $176.5M |
自由现金流BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $513.1M | ||
| Q3 25 | $231.6M | $11.2M | ||
| Q2 25 | $281.5M | $34.9M | ||
| Q1 25 | $152.6M | $-168.4M | ||
| Q4 24 | $312.5M | $419.0M | ||
| Q3 24 | $234.5M | $-7.9M | ||
| Q2 24 | $332.4M | $116.7M |
自由现金流率BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 30.6% | ||
| Q3 25 | 26.6% | 0.7% | ||
| Q2 25 | 32.4% | 2.8% | ||
| Q1 25 | 17.6% | -13.0% | ||
| Q4 24 | 36.4% | 25.1% | ||
| Q3 24 | 27.3% | -0.5% | ||
| Q2 24 | 39.1% | 8.6% |
资本支出强度BXPCOTY
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.8% | ||
| Q3 25 | 4.9% | 3.4% | ||
| Q2 25 | 8.2% | 3.9% | ||
| Q1 25 | 6.6% | 3.5% | ||
| Q4 24 | 8.3% | 2.7% | ||
| Q3 24 | 6.0% | 4.5% | ||
| Q2 24 | 4.1% | 4.4% |
现金转化率BXPCOTY
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 19.60× | ||
| Q3 24 | 3.42× | 0.81× | ||
| 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% |
COTY
| Prestige | $1.1B | 68% |
| Consumer Beauty | $545.0M | 32% |
