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BXP, Inc.（BXP）与Centuri Holdings, Inc.（CTRI）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Centuri Holdings, Inc.的1.0倍（$872.1M vs $858.6M），BXP, Inc.净利率更高（15.3% vs 3.5%，领先11.7%），Centuri Holdings, Inc.同比增速更快（19.7% vs 0.8%），过去两年Centuri Holdings, Inc.的营收复合增速更高（27.5% 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。
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
BXP vs CTRI — 直观对比
营收规模更大
BXP
是对方的1.0倍
$858.6M
营收增速更快
CTRI
高出18.9%
0.8%
净利率更高
BXP
高出11.7%
3.5%
两年增速更快
CTRI
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $858.6M |
| 净利润 | $133.0M | $30.4M |
| 毛利率 | — | 9.4% |
| 营业利润率 | — | 4.3% |
| 净利率 | 15.3% | 3.5% |
| 营收同比 | 0.8% | 19.7% |
| 净利润同比 | 53.0% | 194.1% |
| 每股收益（稀释后） | $1.69 | $0.34 |
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BXPCTRI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $858.6M | ||
| Q3 25 | $871.5M | $850.0M | ||
| Q2 25 | $868.5M | $724.1M | ||
| Q1 25 | $865.2M | $550.1M | ||
| Q4 24 | $858.6M | $717.1M | ||
| Q3 24 | $859.2M | $720.1M | ||
| Q2 24 | $850.5M | $672.1M |
净利润BXPCTRI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $30.4M | ||
| Q3 25 | $-121.7M | $2.1M | ||
| Q2 25 | $89.0M | $8.1M | ||
| Q1 25 | $61.2M | $-17.9M | ||
| Q4 24 | $-228.9M | $10.3M | ||
| Q3 24 | $83.6M | $-3.7M | ||
| Q2 24 | $79.6M | $11.7M |
毛利率BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 9.4% | ||
| Q3 25 | 59.3% | 9.2% | ||
| Q2 25 | 59.2% | 9.4% | ||
| Q1 25 | 59.2% | 3.7% | ||
| Q4 24 | 59.7% | 9.9% | ||
| Q3 24 | 59.5% | 10.5% | ||
| Q2 24 | 59.8% | 9.0% |
营业利润率BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | — | 4.3% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 4.9% |
净利率BXPCTRI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 3.5% | ||
| Q3 25 | -14.0% | 0.2% | ||
| Q2 25 | 10.2% | 1.1% | ||
| Q1 25 | 7.1% | -3.3% | ||
| Q4 24 | -26.7% | 1.4% | ||
| Q3 24 | 9.7% | -0.5% | ||
| Q2 24 | 9.4% | 1.7% |
每股收益（稀释后）BXPCTRI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.34 | ||
| Q3 25 | $-0.77 | $0.02 | ||
| Q2 25 | $0.56 | $0.09 | ||
| Q1 25 | $0.39 | $-0.20 | ||
| Q4 24 | $-1.46 | $0.17 | ||
| Q3 24 | $0.53 | $-0.04 | ||
| Q2 24 | $0.51 | $0.14 |
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 | $126.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $873.0M |
| 总资产 | $25.1B | $2.4B |
| 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BXPCTRI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $126.6M | ||
| Q3 25 | $861.1M | $16.1M | ||
| Q2 25 | $447.0M | $28.3M | ||
| Q1 25 | $398.1M | $15.3M | ||
| Q4 24 | $1.3B | $49.0M | ||
| Q3 24 | $1.4B | $52.5M | ||
| Q2 24 | $685.4M | $30.9M |
股东权益BXPCTRI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $873.0M | ||
| Q3 25 | $5.0B | $585.2M | ||
| Q2 25 | $5.3B | $567.1M | ||
| Q1 25 | $5.3B | $536.5M | ||
| Q4 24 | $5.4B | $555.6M | ||
| Q3 24 | $5.8B | $527.3M | ||
| Q2 24 | $5.8B | $530.4M |
总资产BXPCTRI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.4B | ||
| Q3 25 | $26.0B | $2.2B | ||
| Q2 25 | $25.6B | $2.1B | ||
| Q1 25 | $25.4B | $2.0B | ||
| Q4 24 | $26.1B | $2.1B | ||
| Q3 24 | $26.4B | $2.1B | ||
| Q2 24 | $25.5B | $2.2B |
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 | — | $83.9M |
| 自由现金流经营现金流 - 资本支出 | — | $66.3M |
| 自由现金流率自由现金流/营收 | — | 7.7% |
| 资本支出强度资本支出/营收 | 1.5% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 2.76× |
| 过去12个月自由现金流最近4个季度 | — | $-8.2M |
8季度趋势，按日历期对齐
经营现金流BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $83.9M | ||
| Q3 25 | $274.2M | $5.2M | ||
| Q2 25 | $353.1M | $-27.7M | ||
| Q1 25 | $210.0M | $16.7M | ||
| Q4 24 | $383.7M | $61.0M | ||
| Q3 24 | $286.1M | $180.2M | ||
| Q2 24 | $367.1M | $-56.6M |
自由现金流BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $66.3M | ||
| Q3 25 | $231.6M | $-18.4M | ||
| Q2 25 | $281.5M | $-48.5M | ||
| Q1 25 | $152.6M | $-7.7M | ||
| Q4 24 | $312.5M | $27.8M | ||
| Q3 24 | $234.5M | $160.7M | ||
| Q2 24 | $332.4M | $-76.9M |
自由现金流率BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 7.7% | ||
| Q3 25 | 26.6% | -2.2% | ||
| Q2 25 | 32.4% | -6.7% | ||
| Q1 25 | 17.6% | -1.4% | ||
| Q4 24 | 36.4% | 3.9% | ||
| Q3 24 | 27.3% | 22.3% | ||
| Q2 24 | 39.1% | -11.4% |
资本支出强度BXPCTRI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.0% | ||
| Q3 25 | 4.9% | 2.8% | ||
| Q2 25 | 8.2% | 2.9% | ||
| Q1 25 | 6.6% | 4.4% | ||
| Q4 24 | 8.3% | 4.6% | ||
| Q3 24 | 6.0% | 2.7% | ||
| Q2 24 | 4.1% | 3.0% |
现金转化率BXPCTRI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 2.76× | ||
| Q3 25 | — | 2.48× | ||
| Q2 25 | 3.97× | -3.43× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 5.90× | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | -4.84× |
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% |
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
