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BXP, Inc.（BXP）与德纳（DAN）财务数据对比。点击上方公司名可切换其他公司
德纳的季度营收约是BXP, Inc.的1.5倍（$1.3B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -3.9%，领先19.1%），BXP, Inc.同比增速更快（0.8% vs -44.5%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -31.2%）
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。
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
BXP vs DAN — 直观对比
营收规模更大
DAN
是对方的1.5倍
$872.1M
营收增速更快
BXP
高出45.3%
-44.5%
净利率更高
BXP
高出19.1%
-3.9%
两年增速更快
BXP
近两年复合增速
-31.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.3B |
| 净利润 | $133.0M | $-50.0M |
| 毛利率 | — | 6.0% |
| 营业利润率 | — | -0.2% |
| 净利率 | 15.3% | -3.9% |
| 营收同比 | 0.8% | -44.5% |
| 净利润同比 | 53.0% | 37.5% |
| 每股收益（稀释后） | $1.69 | $-0.36 |
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BXPDAN
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.9B | ||
| Q2 25 | $868.5M | $1.9B | ||
| Q1 25 | $865.2M | $2.4B | ||
| Q4 24 | $858.6M | $2.3B | ||
| Q3 24 | $859.2M | $2.5B | ||
| Q2 24 | $850.5M | $2.7B |
净利润BXPDAN
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-50.0M | ||
| Q3 25 | $-121.7M | $83.0M | ||
| Q2 25 | $89.0M | $27.0M | ||
| Q1 25 | $61.2M | $25.0M | ||
| Q4 24 | $-228.9M | $-80.0M | ||
| Q3 24 | $83.6M | $4.0M | ||
| Q2 24 | $79.6M | $16.0M |
毛利率BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 6.0% | ||
| Q3 25 | 59.3% | 8.7% | ||
| Q2 25 | 59.2% | 7.1% | ||
| Q1 25 | 59.2% | 9.4% | ||
| Q4 24 | 59.7% | 5.7% | ||
| Q3 24 | 59.5% | 9.9% | ||
| Q2 24 | 59.8% | 9.3% |
营业利润率BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | — | -0.2% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 3.8% |
净利率BXPDAN
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -3.9% | ||
| Q3 25 | -14.0% | 4.3% | ||
| Q2 25 | 10.2% | 1.4% | ||
| Q1 25 | 7.1% | 1.1% | ||
| Q4 24 | -26.7% | -3.4% | ||
| Q3 24 | 9.7% | 0.2% | ||
| Q2 24 | 9.4% | 0.6% |
每股收益（稀释后）BXPDAN
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.36 | ||
| Q3 25 | $-0.77 | $0.64 | ||
| Q2 25 | $0.56 | $0.19 | ||
| Q1 25 | $0.39 | $0.17 | ||
| Q4 24 | $-1.46 | $-0.55 | ||
| Q3 24 | $0.53 | $0.03 | ||
| 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 | $469.0M |
| 总债务越低越好 | — | $2.6B |
| 股东权益账面价值 | $7.7B | $840.0M |
| 总资产 | $25.1B | $7.8B |
| 负债/权益比越低杠杆越低 | — | 3.05× |
8季度趋势，按日历期对齐
现金及短期投资BXPDAN
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $469.0M | ||
| Q3 25 | $861.1M | $414.0M | ||
| Q2 25 | $447.0M | $486.0M | ||
| Q1 25 | $398.1M | $507.0M | ||
| Q4 24 | $1.3B | $494.0M | ||
| Q3 24 | $1.4B | $419.0M | ||
| Q2 24 | $685.4M | $419.0M |
总债务BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
股东权益BXPDAN
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $840.0M | ||
| Q3 25 | $5.0B | $1.1B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.3B | $1.4B | ||
| Q4 24 | $5.4B | $1.3B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.8B | $1.5B |
总资产BXPDAN
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $7.8B | ||
| Q3 25 | $26.0B | $8.1B | ||
| Q2 25 | $25.6B | $8.1B | ||
| Q1 25 | $25.4B | $7.8B | ||
| Q4 24 | $26.1B | $7.5B | ||
| Q3 24 | $26.4B | $7.9B | ||
| Q2 24 | $25.5B | $7.8B |
负债/权益比BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | — | 3.05× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.13× | ||
| Q1 25 | — | 1.76× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.62× |
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 | — | $406.0M |
| 自由现金流经营现金流 - 资本支出 | — | $345.0M |
| 自由现金流率自由现金流/营收 | — | 26.6% |
| 资本支出强度资本支出/营收 | 1.5% | 4.7% |
| 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 | — | $298.0M |
8季度趋势，按日历期对齐
经营现金流BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $406.0M | ||
| Q3 25 | $274.2M | $111.0M | ||
| Q2 25 | $353.1M | $32.0M | ||
| Q1 25 | $210.0M | $-37.0M | ||
| Q4 24 | $383.7M | $302.0M | ||
| Q3 24 | $286.1M | $35.0M | ||
| Q2 24 | $367.1M | $215.0M |
自由现金流BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $345.0M | ||
| Q3 25 | $231.6M | $62.0M | ||
| Q2 25 | $281.5M | $3.0M | ||
| Q1 25 | $152.6M | $-112.0M | ||
| Q4 24 | $312.5M | $149.0M | ||
| Q3 24 | $234.5M | $-11.0M | ||
| Q2 24 | $332.4M | $104.0M |
自由现金流率BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 26.6% | ||
| Q3 25 | 26.6% | 3.2% | ||
| Q2 25 | 32.4% | 0.2% | ||
| Q1 25 | 17.6% | -4.8% | ||
| Q4 24 | 36.4% | 6.4% | ||
| Q3 24 | 27.3% | -0.4% | ||
| Q2 24 | 39.1% | 3.8% |
资本支出强度BXPDAN
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 4.7% | ||
| Q3 25 | 4.9% | 2.6% | ||
| Q2 25 | 8.2% | 1.5% | ||
| Q1 25 | 6.6% | 3.2% | ||
| Q4 24 | 8.3% | 6.6% | ||
| Q3 24 | 6.0% | 1.9% | ||
| Q2 24 | 4.1% | 4.1% |
现金转化率BXPDAN
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 3.97× | 1.19× | ||
| Q1 25 | 3.43× | -1.48× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 8.75× | ||
| Q2 24 | 4.61× | 13.44× |
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% |
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
