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BXP, Inc.（BXP）与Leonardo DRS, Inc.（DRS）财务数据对比。点击上方公司名可切换其他公司
Leonardo DRS, Inc.的季度营收约是BXP, Inc.的1.2倍（$1.1B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 9.6%，领先5.6%），Leonardo DRS, Inc.同比增速更快（8.1% vs 0.8%），过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% 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。
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
BXP vs DRS — 直观对比
营收规模更大
DRS
是对方的1.2倍
$872.1M
营收增速更快
DRS
高出7.3%
0.8%
净利率更高
BXP
高出5.6%
9.6%
两年增速更快
DRS
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.1B |
| 净利润 | $133.0M | $102.0M |
| 毛利率 | — | 25.4% |
| 营业利润率 | — | 11.9% |
| 净利率 | 15.3% | 9.6% |
| 营收同比 | 0.8% | 8.1% |
| 净利润同比 | 53.0% | 14.6% |
| 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BXPDRS
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.1B | ||
| Q3 25 | $871.5M | $960.0M | ||
| Q2 25 | $868.5M | $829.0M | ||
| Q1 25 | $865.2M | $799.0M | ||
| Q4 24 | $858.6M | $981.0M | ||
| Q3 24 | $859.2M | $812.0M | ||
| Q2 24 | $850.5M | $753.0M |
净利润BXPDRS
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $102.0M | ||
| Q3 25 | $-121.7M | $72.0M | ||
| Q2 25 | $89.0M | $54.0M | ||
| Q1 25 | $61.2M | $50.0M | ||
| Q4 24 | $-228.9M | $89.0M | ||
| Q3 24 | $83.6M | $57.0M | ||
| Q2 24 | $79.6M | $38.0M |
毛利率BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 25.4% | ||
| Q3 25 | 59.3% | 23.1% | ||
| Q2 25 | 59.2% | 23.8% | ||
| Q1 25 | 59.2% | 22.7% | ||
| Q4 24 | 59.7% | 24.0% | ||
| Q3 24 | 59.5% | 22.0% | ||
| Q2 24 | 59.8% | 22.4% |
营业利润率BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | — | 11.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 7.3% |
净利率BXPDRS
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 9.6% | ||
| Q3 25 | -14.0% | 7.5% | ||
| Q2 25 | 10.2% | 6.5% | ||
| Q1 25 | 7.1% | 6.3% | ||
| Q4 24 | -26.7% | 9.1% | ||
| Q3 24 | 9.7% | 7.0% | ||
| Q2 24 | 9.4% | 5.0% |
每股收益（稀释后）BXPDRS
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.38 | ||
| Q3 25 | $-0.77 | $0.26 | ||
| Q2 25 | $0.56 | $0.20 | ||
| Q1 25 | $0.39 | $0.19 | ||
| Q4 24 | $-1.46 | $0.34 | ||
| Q3 24 | $0.53 | $0.21 | ||
| 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 | $647.0M |
| 总债务越低越好 | — | $321.0M |
| 股东权益账面价值 | $7.7B | $2.7B |
| 总资产 | $25.1B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资BXPDRS
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $647.0M | ||
| Q3 25 | $861.1M | $309.0M | ||
| Q2 25 | $447.0M | $278.0M | ||
| Q1 25 | $398.1M | $380.0M | ||
| Q4 24 | $1.3B | $598.0M | ||
| Q3 24 | $1.4B | $198.0M | ||
| Q2 24 | $685.4M | $149.0M |
总债务BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | — | $321.0M | ||
| Q3 25 | — | $326.0M | ||
| Q2 25 | — | $331.0M | ||
| Q1 25 | — | $335.0M | ||
| Q4 24 | — | $340.0M | ||
| Q3 24 | — | $345.0M | ||
| Q2 24 | — | $351.0M |
股东权益BXPDRS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.7B | ||
| Q3 25 | $5.0B | $2.6B | ||
| Q2 25 | $5.3B | $2.6B | ||
| Q1 25 | $5.3B | $2.6B | ||
| Q4 24 | $5.4B | $2.6B | ||
| Q3 24 | $5.8B | $2.5B | ||
| Q2 24 | $5.8B | $2.4B |
总资产BXPDRS
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.5B | ||
| Q3 25 | $26.0B | $4.2B | ||
| Q2 25 | $25.6B | $4.1B | ||
| Q1 25 | $25.4B | $4.1B | ||
| Q4 24 | $26.1B | $4.2B | ||
| Q3 24 | $26.4B | $3.9B | ||
| Q2 24 | $25.5B | $3.8B |
负债/权益比BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× |
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 | — | $425.0M |
| 自由现金流经营现金流 - 资本支出 | — | $376.0M |
| 自由现金流率自由现金流/营收 | — | 35.5% |
| 资本支出强度资本支出/营收 | 1.5% | 4.6% |
| 现金转化率经营现金流/净利润 | — | 4.17× |
| 过去12个月自由现金流最近4个季度 | — | $227.0M |
8季度趋势，按日历期对齐
经营现金流BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $425.0M | ||
| Q3 25 | $274.2M | $107.0M | ||
| Q2 25 | $353.1M | $-28.0M | ||
| Q1 25 | $210.0M | $-138.0M | ||
| Q4 24 | $383.7M | $443.0M | ||
| Q3 24 | $286.1M | $59.0M | ||
| Q2 24 | $367.1M | $34.0M |
自由现金流BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $376.0M | ||
| Q3 25 | $231.6M | $77.0M | ||
| Q2 25 | $281.5M | $-56.0M | ||
| Q1 25 | $152.6M | $-170.0M | ||
| Q4 24 | $312.5M | $414.0M | ||
| Q3 24 | $234.5M | $47.0M | ||
| Q2 24 | $332.4M | $0 |
自由现金流率BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 35.5% | ||
| Q3 25 | 26.6% | 8.0% | ||
| Q2 25 | 32.4% | -6.8% | ||
| Q1 25 | 17.6% | -21.3% | ||
| Q4 24 | 36.4% | 42.2% | ||
| Q3 24 | 27.3% | 5.8% | ||
| Q2 24 | 39.1% | 0.0% |
资本支出强度BXPDRS
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 4.6% | ||
| Q3 25 | 4.9% | 3.1% | ||
| Q2 25 | 8.2% | 3.4% | ||
| Q1 25 | 6.6% | 4.0% | ||
| Q4 24 | 8.3% | 3.0% | ||
| Q3 24 | 6.0% | 1.5% | ||
| Q2 24 | 4.1% | 4.5% |
现金转化率BXPDRS
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 4.17× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 3.97× | -0.52× | ||
| Q1 25 | 3.43× | -2.76× | ||
| Q4 24 | — | 4.98× | ||
| Q3 24 | 3.42× | 1.04× | ||
| Q2 24 | 4.61× | 0.89× |
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% |
DRS
暂无分部数据
