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BXP, Inc.（BXP）与DYCOM INDUSTRIES INC（DY）财务数据对比。点击上方公司名可切换其他公司
DYCOM INDUSTRIES 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 7.3%，领先7.9%），DYCOM INDUSTRIES INC同比增速更快（14.1% vs 0.8%），过去两年DYCOM INDUSTRIES INC的营收复合增速更高（23.5% 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。
本公司是美国基础设施服务供应商，服务覆盖电力、管道、工业、通信四大领域，具备各类网络基础设施的规划、设计、安装、项目管理、运维及抢修能力。成立以来坚持内生增长，同时已收购150多家电力承包行业企业，为众多大型电力领域客户提供专业服务。
BXP vs DY — 直观对比
营收规模更大
DY
是对方的1.7倍
$872.1M
营收增速更快
DY
高出13.3%
0.8%
净利率更高
BXP
高出7.9%
7.3%
两年增速更快
DY
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.5B |
| 净利润 | $133.0M | $106.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 9.7% |
| 净利率 | 15.3% | 7.3% |
| 营收同比 | 0.8% | 14.1% |
| 净利润同比 | 53.0% | 52.4% |
| 每股收益（稀释后） | $1.69 | $3.63 |
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BXPDY
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.5B | ||
| Q3 25 | $871.5M | $1.4B | ||
| Q2 25 | $868.5M | $1.3B | ||
| Q1 25 | $865.2M | $1.1B | ||
| Q4 24 | $858.6M | $1.3B | ||
| Q3 24 | $859.2M | $1.2B | ||
| Q2 24 | $850.5M | $1.1B |
净利润BXPDY
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $106.4M | ||
| Q3 25 | $-121.7M | $97.5M | ||
| Q2 25 | $89.0M | $61.0M | ||
| Q1 25 | $61.2M | $32.7M | ||
| Q4 24 | $-228.9M | $69.8M | ||
| Q3 24 | $83.6M | $68.4M | ||
| Q2 24 | $79.6M | $62.6M |
毛利率BXPDY
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPDY
| Q1 26 | — | — | ||
| Q4 25 | — | 9.7% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 6.8% |
净利率BXPDY
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 7.3% | ||
| Q3 25 | -14.0% | 7.1% | ||
| Q2 25 | 10.2% | 4.9% | ||
| Q1 25 | 7.1% | 3.0% | ||
| Q4 24 | -26.7% | 5.5% | ||
| Q3 24 | 9.7% | 5.7% | ||
| Q2 24 | 9.4% | 5.5% |
每股收益（稀释后）BXPDY
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $3.63 | ||
| Q3 25 | $-0.77 | $3.33 | ||
| Q2 25 | $0.56 | $2.09 | ||
| Q1 25 | $0.39 | $1.11 | ||
| Q4 24 | $-1.46 | $2.37 | ||
| Q3 24 | $0.53 | $2.32 | ||
| Q2 24 | $0.51 | $2.12 |
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 | $110.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.5B |
| 总资产 | $25.1B | $3.3B |
| 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BXPDY
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $110.1M | ||
| Q3 25 | $861.1M | $28.5M | ||
| Q2 25 | $447.0M | $16.1M | ||
| Q1 25 | $398.1M | $92.7M | ||
| Q4 24 | $1.3B | $15.3M | ||
| Q3 24 | $1.4B | $19.6M | ||
| Q2 24 | $685.4M | $26.1M |
股东权益BXPDY
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.5B | ||
| Q3 25 | $5.0B | $1.4B | ||
| Q2 25 | $5.3B | $1.3B | ||
| Q1 25 | $5.3B | $1.2B | ||
| Q4 24 | $5.4B | $1.2B | ||
| Q3 24 | $5.8B | $1.2B | ||
| Q2 24 | $5.8B | $1.1B |
总资产BXPDY
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.3B | ||
| Q3 25 | $26.0B | $3.2B | ||
| Q2 25 | $25.6B | $3.1B | ||
| Q1 25 | $25.4B | $2.9B | ||
| Q4 24 | $26.1B | $3.1B | ||
| Q3 24 | $26.4B | $2.8B | ||
| Q2 24 | $25.5B | $2.6B |
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 | — | $220.0M |
| 自由现金流经营现金流 - 资本支出 | — | $164.8M |
| 自由现金流率自由现金流/营收 | — | 11.4% |
| 资本支出强度资本支出/营收 | 1.5% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 2.07× |
| 过去12个月自由现金流最近4个季度 | — | $296.8M |
8季度趋势，按日历期对齐
经营现金流BXPDY
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $220.0M | ||
| Q3 25 | $274.2M | $57.4M | ||
| Q2 25 | $353.1M | $-54.0M | ||
| Q1 25 | $210.0M | $328.2M | ||
| Q4 24 | $383.7M | $65.8M | ||
| Q3 24 | $286.1M | $-7.5M | ||
| Q2 24 | $367.1M | $-37.4M |
自由现金流BXPDY
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $164.8M | ||
| Q3 25 | $231.6M | $5.8M | ||
| Q2 25 | $281.5M | $-133.5M | ||
| Q1 25 | $152.6M | $259.7M | ||
| Q4 24 | $312.5M | $-8.8M | ||
| Q3 24 | $234.5M | $-72.9M | ||
| Q2 24 | $332.4M | $-79.4M |
自由现金流率BXPDY
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 11.4% | ||
| Q3 25 | 26.6% | 0.4% | ||
| Q2 25 | 32.4% | -10.6% | ||
| Q1 25 | 17.6% | 23.9% | ||
| Q4 24 | 36.4% | -0.7% | ||
| Q3 24 | 27.3% | -6.1% | ||
| Q2 24 | 39.1% | -6.9% |
资本支出强度BXPDY
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.8% | ||
| Q3 25 | 4.9% | 3.8% | ||
| Q2 25 | 8.2% | 6.3% | ||
| Q1 25 | 6.6% | 6.3% | ||
| Q4 24 | 8.3% | 5.9% | ||
| Q3 24 | 6.0% | 5.4% | ||
| Q2 24 | 4.1% | 3.7% |
现金转化率BXPDY
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 2.07× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | 3.97× | -0.88× | ||
| Q1 25 | 3.43× | 10.05× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | 3.42× | -0.11× | ||
| Q2 24 | 4.61× | -0.60× |
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% |
DY
暂无分部数据
