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BXP, Inc.（BXP）与DILLARD'S, INC.（DDS）财务数据对比。点击上方公司名可切换其他公司
DILLARD'S, INC.的季度营收约是BXP, Inc.的1.7倍（$1.5B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 8.8%，领先6.4%），DILLARD'S, INC.同比增速更快（2.9% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -16.9%）
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。
Dillard's, Inc.是美国知名连锁百货企业，1938年由威廉·T·迪拉德创立，总部位于阿肯色州小石城，目前在全美30个州运营约272家门店，其中得克萨斯州、佛罗里达州分别设有57家、42家门店，为其门店数量最多的两个区域。
BXP vs DDS — 直观对比
营收规模更大
DDS
是对方的1.7倍
$872.1M
营收增速更快
DDS
高出2.1%
0.8%
净利率更高
BXP
高出6.4%
8.8%
两年增速更快
BXP
近两年复合增速
-16.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.5B |
| 净利润 | $133.0M | $129.8M |
| 毛利率 | — | 43.4% |
| 营业利润率 | — | 11.5% |
| 净利率 | 15.3% | 8.8% |
| 营收同比 | 0.8% | 2.9% |
| 净利润同比 | 53.0% | 4.2% |
| 每股收益（稀释后） | $1.69 | $8.31 |
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BXPDDS
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.5B | ||
| Q3 25 | $871.5M | $1.5B | ||
| Q2 25 | $868.5M | $1.5B | ||
| Q1 25 | $865.2M | $2.0B | ||
| Q4 24 | $858.6M | $1.4B | ||
| Q3 24 | $859.2M | $1.5B | ||
| Q2 24 | $850.5M | $1.5B |
净利润BXPDDS
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $129.8M | ||
| Q3 25 | $-121.7M | $72.8M | ||
| Q2 25 | $89.0M | $163.8M | ||
| Q1 25 | $61.2M | $214.4M | ||
| Q4 24 | $-228.9M | $124.6M | ||
| Q3 24 | $83.6M | $74.5M | ||
| Q2 24 | $79.6M | $180.0M |
毛利率BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 43.4% | ||
| Q3 25 | 59.3% | 36.6% | ||
| Q2 25 | 59.2% | 43.9% | ||
| Q1 25 | 59.2% | 34.9% | ||
| Q4 24 | 59.7% | 42.6% | ||
| Q3 24 | 59.5% | 37.6% | ||
| Q2 24 | 59.8% | 44.6% |
营业利润率BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 14.0% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 15.2% |
净利率BXPDDS
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 8.8% | ||
| Q3 25 | -14.0% | 4.8% | ||
| Q2 25 | 10.2% | 10.7% | ||
| Q1 25 | 7.1% | 10.6% | ||
| Q4 24 | -26.7% | 8.7% | ||
| Q3 24 | 9.7% | 5.0% | ||
| Q2 24 | 9.4% | 11.6% |
每股收益（稀释后）BXPDDS
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $8.31 | ||
| Q3 25 | $-0.77 | $4.66 | ||
| Q2 25 | $0.56 | $10.39 | ||
| Q1 25 | $0.39 | $13.41 | ||
| Q4 24 | $-1.46 | $7.73 | ||
| Q3 24 | $0.53 | $4.59 | ||
| Q2 24 | $0.51 | $11.09 |
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 | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.0B |
| 总资产 | $25.1B | $4.3B |
| 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BXPDDS
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $861.1M | $1.0B | ||
| Q2 25 | $447.0M | $900.5M | ||
| Q1 25 | $398.1M | $717.9M | ||
| Q4 24 | $1.3B | $980.4M | ||
| Q3 24 | $1.4B | $946.7M | ||
| Q2 24 | $685.4M | $817.8M |
股东权益BXPDDS
| Q1 26 | $7.7B | — | ||
| 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 | $2.0B | ||
| Q3 24 | $5.8B | $1.9B | ||
| Q2 24 | $5.8B | $1.9B |
总资产BXPDDS
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.3B | ||
| Q3 25 | $26.0B | $3.7B | ||
| Q2 25 | $25.6B | $3.9B | ||
| Q1 25 | $25.4B | $3.5B | ||
| Q4 24 | $26.1B | $4.1B | ||
| Q3 24 | $26.4B | $3.7B | ||
| Q2 24 | $25.5B | $3.9B |
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 | — | $186.5M |
| 自由现金流经营现金流 - 资本支出 | — | $156.2M |
| 自由现金流率自由现金流/营收 | — | 10.6% |
| 资本支出强度资本支出/营收 | 1.5% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 1.44× |
| 过去12个月自由现金流最近4个季度 | — | $781.3M |
8季度趋势，按日历期对齐
经营现金流BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $186.5M | ||
| Q3 25 | $274.2M | $86.8M | ||
| Q2 25 | $353.1M | $232.6M | ||
| Q1 25 | $210.0M | $364.7M | ||
| Q4 24 | $383.7M | $173.5M | ||
| Q3 24 | $286.1M | $-68.4M | ||
| Q2 24 | $367.1M | $244.4M |
自由现金流BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $156.2M | ||
| Q3 25 | $231.6M | $60.1M | ||
| Q2 25 | $281.5M | $215.8M | ||
| Q1 25 | $152.6M | $349.3M | ||
| Q4 24 | $312.5M | $145.4M | ||
| Q3 24 | $234.5M | $-94.3M | ||
| Q2 24 | $332.4M | $209.2M |
自由现金流率BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 10.6% | ||
| Q3 25 | 26.6% | 4.0% | ||
| Q2 25 | 32.4% | 14.1% | ||
| Q1 25 | 17.6% | 17.3% | ||
| Q4 24 | 36.4% | 10.2% | ||
| Q3 24 | 27.3% | -6.3% | ||
| Q2 24 | 39.1% | 13.5% |
资本支出强度BXPDDS
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.1% | ||
| Q3 25 | 4.9% | 1.8% | ||
| Q2 25 | 8.2% | 1.1% | ||
| Q1 25 | 6.6% | 0.8% | ||
| Q4 24 | 8.3% | 2.0% | ||
| Q3 24 | 6.0% | 1.7% | ||
| Q2 24 | 4.1% | 2.3% |
现金转化率BXPDDS
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.44× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | 3.97× | 1.42× | ||
| Q1 25 | 3.43× | 1.70× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | 3.42× | -0.92× | ||
| Q2 24 | 4.61× | 1.36× |
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% |
DDS
暂无分部数据
