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BXP, Inc.（BXP）与FTI CONSULTING, INC（FCN）财务数据对比。点击上方公司名可切换其他公司
FTI CONSULTING, INC的季度营收约是BXP, Inc.的1.1倍（$990.7M vs $872.1M），BXP, Inc.净利率更高（15.3% vs 5.5%，领先9.7%），FTI CONSULTING, INC同比增速更快（10.7% vs 0.8%），过去两年FTI CONSULTING, INC的营收复合增速更高（3.3% 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。
FTI咨询成立于1982年，总部位于美国华盛顿特区，是全球顶尖的金融咨询服务商之一。公司核心业务涵盖企业融资与重组、经济咨询、法务与诉讼咨询、战略传播、科技及战略咨询等领域，在31个国家拥有逾7700名员工。
BXP vs FCN — 直观对比
营收规模更大
FCN
是对方的1.1倍
$872.1M
营收增速更快
FCN
高出9.9%
0.8%
净利率更高
BXP
高出9.7%
5.5%
两年增速更快
FCN
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $990.7M |
| 净利润 | $133.0M | $54.5M |
| 毛利率 | — | 31.1% |
| 营业利润率 | — | 9.4% |
| 净利率 | 15.3% | 5.5% |
| 营收同比 | 0.8% | 10.7% |
| 净利润同比 | 53.0% | 9.7% |
| 每股收益（稀释后） | $1.69 | $1.77 |
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BXPFCN
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $990.7M | ||
| Q3 25 | $871.5M | $956.2M | ||
| Q2 25 | $868.5M | $943.7M | ||
| Q1 25 | $865.2M | $898.3M | ||
| Q4 24 | $858.6M | $894.9M | ||
| Q3 24 | $859.2M | $926.0M | ||
| Q2 24 | $850.5M | $949.2M |
净利润BXPFCN
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $54.5M | ||
| Q3 25 | $-121.7M | $82.8M | ||
| Q2 25 | $89.0M | $71.7M | ||
| Q1 25 | $61.2M | $61.8M | ||
| Q4 24 | $-228.9M | $49.7M | ||
| Q3 24 | $83.6M | $66.5M | ||
| Q2 24 | $79.6M | $83.9M |
毛利率BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 31.1% | ||
| Q3 25 | 59.3% | 33.3% | ||
| Q2 25 | 59.2% | 32.1% | ||
| Q1 25 | 59.2% | 32.2% | ||
| Q4 24 | 59.7% | 30.2% | ||
| Q3 24 | 59.5% | 32.2% | ||
| Q2 24 | 59.8% | 32.8% |
营业利润率BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 12.3% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | 11.0% |
净利率BXPFCN
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 5.5% | ||
| Q3 25 | -14.0% | 8.7% | ||
| Q2 25 | 10.2% | 7.6% | ||
| Q1 25 | 7.1% | 6.9% | ||
| Q4 24 | -26.7% | 5.6% | ||
| Q3 24 | 9.7% | 7.2% | ||
| Q2 24 | 9.4% | 8.8% |
每股收益（稀释后）BXPFCN
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.77 | ||
| Q3 25 | $-0.77 | $2.60 | ||
| Q2 25 | $0.56 | $2.13 | ||
| Q1 25 | $0.39 | $1.74 | ||
| Q4 24 | $-1.46 | $1.39 | ||
| Q3 24 | $0.53 | $1.85 | ||
| Q2 24 | $0.51 | $2.34 |
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 | $265.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.7B |
| 总资产 | $25.1B | $3.5B |
| 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BXPFCN
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $265.1M | ||
| Q3 25 | $861.1M | $146.0M | ||
| Q2 25 | $447.0M | $152.8M | ||
| Q1 25 | $398.1M | $151.1M | ||
| Q4 24 | $1.3B | $660.5M | ||
| Q3 24 | $1.4B | $386.3M | ||
| Q2 24 | $685.4M | $226.4M |
总债务BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $60.0M |
股东权益BXPFCN
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.7B | ||
| Q3 25 | $5.0B | $1.7B | ||
| Q2 25 | $5.3B | $1.9B | ||
| Q1 25 | $5.3B | $2.1B | ||
| Q4 24 | $5.4B | $2.3B | ||
| Q3 24 | $5.8B | $2.3B | ||
| Q2 24 | $5.8B | $2.1B |
总资产BXPFCN
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.5B | ||
| Q3 25 | $26.0B | $3.5B | ||
| Q2 25 | $25.6B | $3.5B | ||
| Q1 25 | $25.4B | $3.3B | ||
| Q4 24 | $26.1B | $3.6B | ||
| Q3 24 | $26.4B | $3.5B | ||
| Q2 24 | $25.5B | $3.4B |
负债/权益比BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.03× |
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 | — | $359.8M |
| 自由现金流经营现金流 - 资本支出 | — | $351.4M |
| 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% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 6.60× |
| 过去12个月自由现金流最近4个季度 | — | $93.6M |
8季度趋势，按日历期对齐
经营现金流BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $359.8M | ||
| Q3 25 | $274.2M | $201.9M | ||
| Q2 25 | $353.1M | $55.7M | ||
| Q1 25 | $210.0M | $-465.2M | ||
| Q4 24 | $383.7M | $315.3M | ||
| Q3 24 | $286.1M | $219.4M | ||
| Q2 24 | $367.1M | $135.2M |
自由现金流BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $351.4M | ||
| Q3 25 | $231.6M | $187.0M | ||
| Q2 25 | $281.5M | $38.3M | ||
| Q1 25 | $152.6M | $-483.0M | ||
| Q4 24 | $312.5M | $301.6M | ||
| Q3 24 | $234.5M | $212.3M | ||
| Q2 24 | $332.4M | $125.2M |
自由现金流率BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 35.5% | ||
| Q3 25 | 26.6% | 19.6% | ||
| Q2 25 | 32.4% | 4.1% | ||
| Q1 25 | 17.6% | -53.8% | ||
| Q4 24 | 36.4% | 33.7% | ||
| Q3 24 | 27.3% | 22.9% | ||
| Q2 24 | 39.1% | 13.2% |
资本支出强度BXPFCN
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 0.8% | ||
| Q3 25 | 4.9% | 1.6% | ||
| Q2 25 | 8.2% | 1.8% | ||
| Q1 25 | 6.6% | 2.0% | ||
| Q4 24 | 8.3% | 1.5% | ||
| Q3 24 | 6.0% | 0.8% | ||
| Q2 24 | 4.1% | 1.1% |
现金转化率BXPFCN
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 6.60× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | 3.97× | 0.78× | ||
| Q1 25 | 3.43× | -7.52× | ||
| Q4 24 | — | 6.34× | ||
| Q3 24 | 3.42× | 3.30× | ||
| Q2 24 | 4.61× | 1.61× |
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% |
FCN
| Corporate Finance Segment | $423.2M | 43% |
| Forensic And Litigation Consulting | $192.9M | 19% |
| Economic Consulting | $176.2M | 18% |
| Strategic Communications | $99.4M | 10% |
| Other | $99.0M | 10% |
