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BXP, Inc.（BXP）与卡彭特科技（CRS）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是卡彭特科技的1.1倍（$872.1M vs $811.5M），卡彭特科技净利率更高（17.2% vs 15.3%，领先2.0%），卡彭特科技同比增速更快（11.6% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs 0.8%）
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。
卡彭特科技是全球特种合金材料供应商，主营不锈钢、耐腐蚀镍、铜、钛合金及3D增材制造用粉末合金的研发、生产与分销。2018财年其营收分布为：航空航天与国防占55%，工业与消费品占17%，医疗占8%，交通、能源各占7%，分销业务占6%。
BXP vs CRS — 直观对比
营收规模更大
BXP
是对方的1.1倍
$811.5M
营收增速更快
CRS
高出10.8%
0.8%
净利率更高
CRS
高出2.0%
15.3%
两年增速更快
BXP
近两年复合增速
0.8%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $811.5M |
| 净利润 | $133.0M | $139.6M |
| 毛利率 | — | 31.0% |
| 营业利润率 | — | 23.0% |
| 净利率 | 15.3% | 17.2% |
| 营收同比 | 0.8% | 11.6% |
| 净利润同比 | 53.0% | 46.3% |
| 每股收益（稀释后） | $1.69 | $2.77 |
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BXPCRS
| Q1 26 | $872.1M | $811.5M | ||
| Q4 25 | $877.1M | $728.0M | ||
| Q3 25 | $871.5M | $733.7M | ||
| Q2 25 | $868.5M | $755.6M | ||
| Q1 25 | $865.2M | $727.0M | ||
| Q4 24 | $858.6M | $676.9M | ||
| Q3 24 | $859.2M | $717.6M | ||
| Q2 24 | $850.5M | $798.7M |
净利润BXPCRS
| Q1 26 | $133.0M | $139.6M | ||
| Q4 25 | $248.4M | $105.3M | ||
| Q3 25 | $-121.7M | $122.5M | ||
| Q2 25 | $89.0M | $111.7M | ||
| Q1 25 | $61.2M | $95.4M | ||
| Q4 24 | $-228.9M | $84.1M | ||
| Q3 24 | $83.6M | $84.8M | ||
| Q2 24 | $79.6M | $93.6M |
毛利率BXPCRS
| Q1 26 | — | 31.0% | ||
| Q4 25 | 58.8% | 30.0% | ||
| Q3 25 | 59.3% | 29.5% | ||
| Q2 25 | 59.2% | 28.3% | ||
| Q1 25 | 59.2% | 27.6% | ||
| Q4 24 | 59.7% | 26.2% | ||
| Q3 24 | 59.5% | 24.6% | ||
| Q2 24 | 59.8% | 23.9% |
营业利润率BXPCRS
| Q1 26 | — | 23.0% | ||
| Q4 25 | — | 21.3% | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | 20.1% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 15.8% | ||
| Q2 24 | — | 13.6% |
净利率BXPCRS
| Q1 26 | 15.3% | 17.2% | ||
| Q4 25 | 28.3% | 14.5% | ||
| Q3 25 | -14.0% | 16.7% | ||
| Q2 25 | 10.2% | 14.8% | ||
| Q1 25 | 7.1% | 13.1% | ||
| Q4 24 | -26.7% | 12.4% | ||
| Q3 24 | 9.7% | 11.8% | ||
| Q2 24 | 9.4% | 11.7% |
每股收益（稀释后）BXPCRS
| Q1 26 | $1.69 | $2.77 | ||
| Q4 25 | $1.56 | $2.09 | ||
| Q3 25 | $-0.77 | $2.43 | ||
| Q2 25 | $0.56 | $2.21 | ||
| Q1 25 | $0.39 | $1.88 | ||
| Q4 24 | $-1.46 | $1.66 | ||
| Q3 24 | $0.53 | $1.67 | ||
| Q2 24 | $0.51 | $1.85 |
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 | $294.8M |
| 总债务越低越好 | — | $690.4M |
| 股东权益账面价值 | $7.7B | $2.1B |
| 总资产 | $25.1B | $3.7B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资BXPCRS
| Q1 26 | $512.8M | $294.8M | ||
| Q4 25 | $1.5B | $231.9M | ||
| Q3 25 | $861.1M | $208.0M | ||
| Q2 25 | $447.0M | $315.5M | ||
| Q1 25 | $398.1M | $151.5M | ||
| Q4 24 | $1.3B | $162.1M | ||
| Q3 24 | $1.4B | $150.2M | ||
| Q2 24 | $685.4M | $199.1M |
总债务BXPCRS
| Q1 26 | — | $690.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPCRS
| Q1 26 | $7.7B | $2.1B | ||
| Q4 25 | $5.1B | $2.0B | ||
| Q3 25 | $5.0B | $1.9B | ||
| Q2 25 | $5.3B | $1.9B | ||
| Q1 25 | $5.3B | $1.8B | ||
| Q4 24 | $5.4B | $1.7B | ||
| Q3 24 | $5.8B | $1.7B | ||
| Q2 24 | $5.8B | $1.6B |
总资产BXPCRS
| Q1 26 | $25.1B | $3.7B | ||
| Q4 25 | $26.2B | $3.5B | ||
| Q3 25 | $26.0B | $3.4B | ||
| Q2 25 | $25.6B | $3.5B | ||
| Q1 25 | $25.4B | $3.4B | ||
| Q4 24 | $26.1B | $3.3B | ||
| Q3 24 | $26.4B | $3.3B | ||
| Q2 24 | $25.5B | $3.3B |
负债/权益比BXPCRS
| Q1 26 | — | 0.33× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $124.8M |
| 自由现金流率自由现金流/营收 | — | 15.4% |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 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 | — | $407.5M |
8季度趋势，按日历期对齐
经营现金流BXPCRS
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $132.2M | ||
| Q3 25 | $274.2M | $39.2M | ||
| Q2 25 | $353.1M | $258.1M | ||
| Q1 25 | $210.0M | $74.2M | ||
| Q4 24 | $383.7M | $67.9M | ||
| Q3 24 | $286.1M | $40.2M | ||
| Q2 24 | $367.1M | $169.5M |
自由现金流BXPCRS
| Q1 26 | — | $124.8M | ||
| Q4 25 | $362.7M | $85.9M | ||
| Q3 25 | $231.6M | $-3.4M | ||
| Q2 25 | $281.5M | $200.2M | ||
| Q1 25 | $152.6M | $34.0M | ||
| Q4 24 | $312.5M | $38.6M | ||
| Q3 24 | $234.5M | $13.3M | ||
| Q2 24 | $332.4M | $141.8M |
自由现金流率BXPCRS
| Q1 26 | — | 15.4% | ||
| Q4 25 | 41.4% | 11.8% | ||
| Q3 25 | 26.6% | -0.5% | ||
| Q2 25 | 32.4% | 26.5% | ||
| Q1 25 | 17.6% | 4.7% | ||
| Q4 24 | 36.4% | 5.7% | ||
| Q3 24 | 27.3% | 1.9% | ||
| Q2 24 | 39.1% | 17.8% |
资本支出强度BXPCRS
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 6.4% | ||
| Q3 25 | 4.9% | 5.8% | ||
| Q2 25 | 8.2% | 7.7% | ||
| Q1 25 | 6.6% | 5.5% | ||
| Q4 24 | 8.3% | 4.3% | ||
| Q3 24 | 6.0% | 3.7% | ||
| Q2 24 | 4.1% | 3.5% |
现金转化率BXPCRS
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.26× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | 3.97× | 2.31× | ||
| Q1 25 | 3.43× | 0.78× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | 3.42× | 0.47× | ||
| Q2 24 | 4.61× | 1.81× |
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% |
CRS
| Aerospace and Defense | $435.6M | 54% |
| Surcharge revenue | $155.9M | 19% |
| Industrial and Consumer | $78.1M | 10% |
| Medical | $51.7M | 6% |
| Energy | $50.5M | 6% |
| Distribution | $20.4M | 3% |
| Transportation | $19.3M | 2% |
