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BXP, Inc.（BXP）与Everus Construction Group, Inc.（ECG）财务数据对比。点击上方公司名可切换其他公司
Everus Construction Group, Inc.的季度营收约是BXP, Inc.的1.2倍（$1.0B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 5.5%，领先9.8%），Everus Construction Group, Inc.同比增速更快（33.2% vs 0.8%），过去两年Everus Construction Group, Inc.的营收复合增速更高（27.1% 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。
BXP vs ECG — 直观对比
营收规模更大
ECG
是对方的1.2倍
$872.1M
营收增速更快
ECG
高出32.4%
0.8%
净利率更高
BXP
高出9.8%
5.5%
两年增速更快
ECG
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.0B |
| 净利润 | $133.0M | $55.3M |
| 毛利率 | — | 11.6% |
| 营业利润率 | — | 6.8% |
| 净利率 | 15.3% | 5.5% |
| 营收同比 | 0.8% | 33.2% |
| 净利润同比 | 53.0% | 60.4% |
| 每股收益（稀释后） | $1.69 | $1.09 |
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BXPECG
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.0B | ||
| Q3 25 | $871.5M | $986.8M | ||
| Q2 25 | $868.5M | $921.5M | ||
| Q1 25 | $865.2M | $826.6M | ||
| Q4 24 | $858.6M | $759.6M | ||
| Q3 24 | $859.2M | $761.0M | ||
| Q2 24 | $850.5M | $703.4M |
净利润BXPECG
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $55.3M | ||
| Q3 25 | $-121.7M | $57.0M | ||
| Q2 25 | $89.0M | $52.8M | ||
| Q1 25 | $61.2M | $36.7M | ||
| Q4 24 | $-228.9M | $34.5M | ||
| Q3 24 | $83.6M | $41.8M | ||
| Q2 24 | $79.6M | $39.0M |
毛利率BXPECG
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 11.6% | ||
| Q3 25 | 59.3% | 12.6% | ||
| Q2 25 | 59.2% | 13.0% | ||
| Q1 25 | 59.2% | 11.2% | ||
| Q4 24 | 59.7% | 11.4% | ||
| Q3 24 | 59.5% | 11.8% | ||
| Q2 24 | 59.8% | 12.6% |
营业利润率BXPECG
| Q1 26 | — | — | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 7.3% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 7.3% |
净利率BXPECG
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 5.5% | ||
| Q3 25 | -14.0% | 5.8% | ||
| Q2 25 | 10.2% | 5.7% | ||
| Q1 25 | 7.1% | 4.4% | ||
| Q4 24 | -26.7% | 4.5% | ||
| Q3 24 | 9.7% | 5.5% | ||
| Q2 24 | 9.4% | 5.5% |
每股收益（稀释后）BXPECG
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.09 | ||
| Q3 25 | $-0.77 | $1.11 | ||
| Q2 25 | $0.56 | $1.03 | ||
| Q1 25 | $0.39 | $0.72 | ||
| Q4 24 | $-1.46 | $0.68 | ||
| Q3 24 | $0.53 | $0.82 | ||
| Q2 24 | $0.51 | $0.76 |
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 | — |
| 总债务越低越好 | — | $281.5M |
| 股东权益账面价值 | $7.7B | $629.8M |
| 总资产 | $25.1B | $1.7B |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资BXPECG
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $861.1M | — | ||
| Q2 25 | $447.0M | — | ||
| Q1 25 | $398.1M | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $553.0K | ||
| Q2 24 | $685.4M | — |
总债务BXPECG
| Q1 26 | — | — | ||
| Q4 25 | — | $281.5M | ||
| Q3 25 | — | $285.1M | ||
| Q2 25 | — | $288.6M | ||
| Q1 25 | — | $292.1M | ||
| Q4 24 | — | $295.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPECG
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $629.8M | ||
| Q3 25 | $5.0B | $573.0M | ||
| Q2 25 | $5.3B | $514.4M | ||
| Q1 25 | $5.3B | $460.2M | ||
| Q4 24 | $5.4B | $422.6M | ||
| Q3 24 | $5.8B | $453.3M | ||
| Q2 24 | $5.8B | $490.0M |
总资产BXPECG
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.7B | ||
| Q3 25 | $26.0B | $1.6B | ||
| Q2 25 | $25.6B | $1.5B | ||
| Q1 25 | $25.4B | $1.4B | ||
| Q4 24 | $26.1B | $1.3B | ||
| Q3 24 | $26.4B | $1.3B | ||
| Q2 24 | $25.5B | — |
负债/权益比BXPECG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| 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 | — | $48.2M |
| 自由现金流经营现金流 - 资本支出 | — | $23.5M |
| 自由现金流率自由现金流/营收 | — | 2.3% |
| 资本支出强度资本支出/营收 | 1.5% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 0.87× |
| 过去12个月自由现金流最近4个季度 | — | $90.0M |
8季度趋势，按日历期对齐
经营现金流BXPECG
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $48.2M | ||
| Q3 25 | $274.2M | $76.2M | ||
| Q2 25 | $353.1M | $25.3M | ||
| Q1 25 | $210.0M | $7.1M | ||
| Q4 24 | $383.7M | — | ||
| Q3 24 | $286.1M | $78.9M | ||
| Q2 24 | $367.1M | — |
自由现金流BXPECG
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $23.5M | ||
| Q3 25 | $231.6M | $65.7M | ||
| Q2 25 | $281.5M | $12.3M | ||
| Q1 25 | $152.6M | $-11.4M | ||
| Q4 24 | $312.5M | — | ||
| Q3 24 | $234.5M | $60.9M | ||
| Q2 24 | $332.4M | — |
自由现金流率BXPECG
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 2.3% | ||
| Q3 25 | 26.6% | 6.7% | ||
| Q2 25 | 32.4% | 1.3% | ||
| Q1 25 | 17.6% | -1.4% | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 27.3% | 8.0% | ||
| Q2 24 | 39.1% | — |
资本支出强度BXPECG
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.9% | 1.1% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 6.0% | 2.4% | ||
| Q2 24 | 4.1% | — |
现金转化率BXPECG
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.87× | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 3.97× | 0.48× | ||
| Q1 25 | 3.43× | 0.19× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 1.89× | ||
| Q2 24 | 4.61× | — |
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% |
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
