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BXP, Inc.（BXP）与唐纳森（DCI）财务数据对比。点击上方公司名可切换其他公司
唐纳森的季度营收约是BXP, Inc.的1.1倍（$935.4M vs $872.1M），BXP, Inc.净利率更高（15.3% vs 12.2%，领先3.1%），唐纳森同比增速更快（3.9% vs 0.8%），过去两年唐纳森的营收复合增速更高（3.3% 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。
唐纳森是全球知名的过滤解决方案提供商，主要生产销售适配工商业、航空航天、化工、新能源（风电）、食品饮料、医药等多领域的过滤产品，其位于明尼苏达州明尼阿波利斯的研发部门也参与多项军事应用相关的国防项目。
BXP vs DCI — 直观对比
营收规模更大
DCI
是对方的1.1倍
$872.1M
营收增速更快
DCI
高出3.1%
0.8%
净利率更高
BXP
高出3.1%
12.2%
两年增速更快
DCI
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $935.4M |
| 净利润 | $133.0M | $113.9M |
| 毛利率 | — | 35.2% |
| 营业利润率 | — | 16.0% |
| 净利率 | 15.3% | 12.2% |
| 营收同比 | 0.8% | 3.9% |
| 净利润同比 | 53.0% | 15.1% |
| 每股收益（稀释后） | $1.69 | $0.97 |
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BXPDCI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $935.4M | ||
| Q3 25 | $871.5M | $980.7M | ||
| Q2 25 | $868.5M | $940.1M | ||
| Q1 25 | $865.2M | $870.0M | ||
| Q4 24 | $858.6M | $900.1M | ||
| Q3 24 | $859.2M | $935.4M | ||
| Q2 24 | $850.5M | $927.9M |
净利润BXPDCI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $113.9M | ||
| Q3 25 | $-121.7M | $114.3M | ||
| Q2 25 | $89.0M | $57.8M | ||
| Q1 25 | $61.2M | $95.9M | ||
| Q4 24 | $-228.9M | $99.0M | ||
| Q3 24 | $83.6M | $109.7M | ||
| Q2 24 | $79.6M | $113.5M |
毛利率BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 35.2% | ||
| Q3 25 | 59.3% | 34.5% | ||
| Q2 25 | 59.2% | 34.2% | ||
| Q1 25 | 59.2% | 35.2% | ||
| Q4 24 | 59.7% | 35.5% | ||
| Q3 24 | 59.5% | 35.8% | ||
| Q2 24 | 59.8% | 35.6% |
营业利润率BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | — | 16.0% | ||
| Q3 25 | — | 15.5% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 15.5% |
净利率BXPDCI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 12.2% | ||
| Q3 25 | -14.0% | 11.7% | ||
| Q2 25 | 10.2% | 6.1% | ||
| Q1 25 | 7.1% | 11.0% | ||
| Q4 24 | -26.7% | 11.0% | ||
| Q3 24 | 9.7% | 11.7% | ||
| Q2 24 | 9.4% | 12.2% |
每股收益（稀释后）BXPDCI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.97 | ||
| Q3 25 | $-0.77 | $0.97 | ||
| Q2 25 | $0.56 | $0.48 | ||
| Q1 25 | $0.39 | $0.79 | ||
| Q4 24 | $-1.46 | $0.81 | ||
| Q3 24 | $0.53 | $0.90 | ||
| Q2 24 | $0.51 | $0.92 |
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 | $210.7M |
| 总债务越低越好 | — | $671.5M |
| 股东权益账面价值 | $7.7B | $1.5B |
| 总资产 | $25.1B | $3.0B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资BXPDCI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $210.7M | ||
| Q3 25 | $861.1M | $180.4M | ||
| Q2 25 | $447.0M | $178.5M | ||
| Q1 25 | $398.1M | $189.1M | ||
| Q4 24 | $1.3B | $221.2M | ||
| Q3 24 | $1.4B | $232.7M | ||
| Q2 24 | $685.4M | $223.7M |
总债务BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $630.4M | ||
| Q2 25 | — | $638.8M | ||
| Q1 25 | — | $514.7M | ||
| Q4 24 | — | $538.6M | ||
| Q3 24 | — | $483.4M | ||
| Q2 24 | — | $481.8M |
股东权益BXPDCI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.5B | ||
| Q3 25 | $5.0B | $1.5B | ||
| Q2 25 | $5.3B | $1.5B | ||
| Q1 25 | $5.3B | $1.5B | ||
| Q4 24 | $5.4B | $1.5B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.8B | $1.5B |
总资产BXPDCI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.0B | ||
| Q3 25 | $26.0B | $3.0B | ||
| Q2 25 | $25.6B | $3.0B | ||
| Q1 25 | $25.4B | $3.0B | ||
| Q4 24 | $26.1B | $3.0B | ||
| Q3 24 | $26.4B | $2.9B | ||
| Q2 24 | $25.5B | $2.9B |
负债/权益比BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.32× |
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 | — | $125.4M |
| 自由现金流经营现金流 - 资本支出 | — | $111.2M |
| 自由现金流率自由现金流/营收 | — | 11.9% |
| 资本支出强度资本支出/营收 | 1.5% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.10× |
| 过去12个月自由现金流最近4个季度 | — | $403.2M |
8季度趋势，按日历期对齐
经营现金流BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $125.4M | ||
| Q3 25 | $274.2M | $167.8M | ||
| Q2 25 | $353.1M | $87.7M | ||
| Q1 25 | $210.0M | $90.4M | ||
| Q4 24 | $383.7M | $72.9M | ||
| Q3 24 | $286.1M | $126.0M | ||
| Q2 24 | $367.1M | $141.5M |
自由现金流BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $111.2M | ||
| Q3 25 | $231.6M | $147.5M | ||
| Q2 25 | $281.5M | $73.0M | ||
| Q1 25 | $152.6M | $71.5M | ||
| Q4 24 | $312.5M | $47.9M | ||
| Q3 24 | $234.5M | $106.2M | ||
| Q2 24 | $332.4M | $120.2M |
自由现金流率BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 11.9% | ||
| Q3 25 | 26.6% | 15.0% | ||
| Q2 25 | 32.4% | 7.8% | ||
| Q1 25 | 17.6% | 8.2% | ||
| Q4 24 | 36.4% | 5.3% | ||
| Q3 24 | 27.3% | 11.4% | ||
| Q2 24 | 39.1% | 13.0% |
资本支出强度BXPDCI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.5% | ||
| Q3 25 | 4.9% | 2.1% | ||
| Q2 25 | 8.2% | 1.6% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | 2.8% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | 4.1% | 2.3% |
现金转化率BXPDCI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.10× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 3.97× | 1.52× | ||
| Q1 25 | 3.43× | 0.94× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | 3.42× | 1.15× | ||
| Q2 24 | 4.61× | 1.25× |
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% |
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
