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BXP, Inc.（BXP）与Dorman Products, Inc.（DORM）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Dorman Products, Inc.的1.6倍（$872.1M vs $537.9M），BXP, Inc.净利率更高（15.3% vs 2.1%，领先13.1%），BXP, Inc.同比增速更快（0.8% vs 0.8%），过去两年Dorman Products, Inc.的营收复合增速更高（7.1% 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。
多尔曼产品公司是美国知名的汽车售后配件制造商，成立于1918年，总部位于宾夕法尼亚州科尔马，在纳斯达克上市，股票代码为DORM，深耕汽车售后市场多年，为市场提供丰富的替换零部件产品。
BXP vs DORM — 直观对比
营收规模更大
BXP
是对方的1.6倍
$537.9M
营收增速更快
BXP
高出0.0%
0.8%
净利率更高
BXP
高出13.1%
2.1%
两年增速更快
DORM
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $537.9M |
| 净利润 | $133.0M | $11.6M |
| 毛利率 | — | 42.6% |
| 营业利润率 | — | 5.8% |
| 净利率 | 15.3% | 2.1% |
| 营收同比 | 0.8% | 0.8% |
| 净利润同比 | 53.0% | -78.8% |
| 每股收益（稀释后） | $1.69 | $0.38 |
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BXPDORM
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $537.9M | ||
| Q3 25 | $871.5M | $543.7M | ||
| Q2 25 | $868.5M | $541.0M | ||
| Q1 25 | $865.2M | $507.7M | ||
| Q4 24 | $858.6M | $533.8M | ||
| Q3 24 | $859.2M | $503.8M | ||
| Q2 24 | $850.5M | $503.0M |
净利润BXPDORM
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $11.6M | ||
| Q3 25 | $-121.7M | $76.4M | ||
| Q2 25 | $89.0M | $58.7M | ||
| Q1 25 | $61.2M | $57.5M | ||
| Q4 24 | $-228.9M | $54.5M | ||
| Q3 24 | $83.6M | $55.3M | ||
| Q2 24 | $79.6M | $47.4M |
毛利率BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 42.6% | ||
| Q3 25 | 59.3% | 44.4% | ||
| Q2 25 | 59.2% | 40.6% | ||
| Q1 25 | 59.2% | 40.9% | ||
| Q4 24 | 59.7% | 41.5% | ||
| Q3 24 | 59.5% | 40.5% | ||
| Q2 24 | 59.8% | 39.6% |
营业利润率BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 15.8% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 15.7% | ||
| Q2 24 | — | 14.4% |
净利率BXPDORM
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 2.1% | ||
| Q3 25 | -14.0% | 14.1% | ||
| Q2 25 | 10.2% | 10.9% | ||
| Q1 25 | 7.1% | 11.3% | ||
| Q4 24 | -26.7% | 10.2% | ||
| Q3 24 | 9.7% | 11.0% | ||
| Q2 24 | 9.4% | 9.4% |
每股收益（稀释后）BXPDORM
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.38 | ||
| Q3 25 | $-0.77 | $2.48 | ||
| Q2 25 | $0.56 | $1.91 | ||
| Q1 25 | $0.39 | $1.87 | ||
| Q4 24 | $-1.46 | $1.76 | ||
| Q3 24 | $0.53 | $1.80 | ||
| Q2 24 | $0.51 | $1.53 |
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 | $49.4M |
| 总债务越低越好 | — | $440.6M |
| 股东权益账面价值 | $7.7B | $1.5B |
| 总资产 | $25.1B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资BXPDORM
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $49.4M | ||
| Q3 25 | $861.1M | $55.5M | ||
| Q2 25 | $447.0M | $56.8M | ||
| Q1 25 | $398.1M | $60.6M | ||
| Q4 24 | $1.3B | $57.1M | ||
| Q3 24 | $1.4B | $45.1M | ||
| Q2 24 | $685.4M | $47.5M |
总债务BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | — | $440.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $468.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPDORM
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.5B | ||
| Q3 25 | $5.0B | $1.5B | ||
| Q2 25 | $5.3B | $1.4B | ||
| Q1 25 | $5.3B | $1.3B | ||
| Q4 24 | $5.4B | $1.3B | ||
| Q3 24 | $5.8B | $1.2B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPDORM
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.5B | ||
| Q3 25 | $26.0B | $2.6B | ||
| Q2 25 | $25.6B | $2.5B | ||
| Q1 25 | $25.4B | $2.4B | ||
| Q4 24 | $26.1B | $2.4B | ||
| Q3 24 | $26.4B | $2.4B | ||
| Q2 24 | $25.5B | $2.3B |
负债/权益比BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.36× | ||
| 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 | — | $41.6M |
| 自由现金流经营现金流 - 资本支出 | — | $33.5M |
| 自由现金流率自由现金流/营收 | — | 6.2% |
| 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 | — | 3.60× |
| 过去12个月自由现金流最近4个季度 | — | $75.7M |
8季度趋势，按日历期对齐
经营现金流BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $41.6M | ||
| Q3 25 | $274.2M | $12.2M | ||
| Q2 25 | $353.1M | $8.5M | ||
| Q1 25 | $210.0M | $51.2M | ||
| Q4 24 | $383.7M | $71.4M | ||
| Q3 24 | $286.1M | $44.3M | ||
| Q2 24 | $367.1M | $63.3M |
自由现金流BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $33.5M | ||
| Q3 25 | $231.6M | $1.8M | ||
| Q2 25 | $281.5M | $98.0K | ||
| Q1 25 | $152.6M | $40.3M | ||
| Q4 24 | $312.5M | $63.2M | ||
| Q3 24 | $234.5M | $35.7M | ||
| Q2 24 | $332.4M | $51.4M |
自由现金流率BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 6.2% | ||
| Q3 25 | 26.6% | 0.3% | ||
| Q2 25 | 32.4% | 0.0% | ||
| Q1 25 | 17.6% | 7.9% | ||
| Q4 24 | 36.4% | 11.8% | ||
| Q3 24 | 27.3% | 7.1% | ||
| Q2 24 | 39.1% | 10.2% |
资本支出强度BXPDORM
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.5% | ||
| Q3 25 | 4.9% | 1.9% | ||
| Q2 25 | 8.2% | 1.6% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | 1.5% | ||
| Q3 24 | 6.0% | 1.7% | ||
| Q2 24 | 4.1% | 2.4% |
现金转化率BXPDORM
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.60× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | 3.97× | 0.15× | ||
| Q1 25 | 3.43× | 0.89× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 3.42× | 0.80× | ||
| Q2 24 | 4.61× | 1.34× |
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% |
DORM
| Light Duty | $428.6M | 80% |
| Heavy Duty | $55.8M | 10% |
| Specialty Vehicle | $53.5M | 10% |
