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BXP, Inc.（BXP）与FIVE BELOW, INC（FIVE）财务数据对比。点击上方公司名可切换其他公司
FIVE BELOW, 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 3.5%，领先11.7%），FIVE BELOW, INC同比增速更快（23.1% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -11.9%）
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。
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
BXP vs FIVE — 直观对比
营收规模更大
FIVE
是对方的1.2倍
$872.1M
营收增速更快
FIVE
高出22.3%
0.8%
净利率更高
BXP
高出11.7%
3.5%
两年增速更快
BXP
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.0B |
| 净利润 | $133.0M | $36.5M |
| 毛利率 | — | 33.8% |
| 营业利润率 | — | 4.2% |
| 净利率 | 15.3% | 3.5% |
| 营收同比 | 0.8% | 23.1% |
| 净利润同比 | 53.0% | 2063.9% |
| 每股收益（稀释后） | $1.69 | $0.66 |
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BXPFIVE
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.0B | ||
| Q3 25 | $871.5M | $1.0B | ||
| Q2 25 | $868.5M | $970.5M | ||
| Q1 25 | $865.2M | $1.4B | ||
| Q4 24 | $858.6M | $843.7M | ||
| Q3 24 | $859.2M | $830.1M | ||
| Q2 24 | $850.5M | $811.9M |
净利润BXPFIVE
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $36.5M | ||
| Q3 25 | $-121.7M | $42.8M | ||
| Q2 25 | $89.0M | $41.1M | ||
| Q1 25 | $61.2M | $187.5M | ||
| Q4 24 | $-228.9M | $1.7M | ||
| Q3 24 | $83.6M | $33.0M | ||
| Q2 24 | $79.6M | $31.5M |
毛利率BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 33.8% | ||
| Q3 25 | 59.3% | 33.3% | ||
| Q2 25 | 59.2% | 33.4% | ||
| Q1 25 | 59.2% | 40.2% | ||
| Q4 24 | 59.7% | 30.6% | ||
| Q3 24 | 59.5% | 32.7% | ||
| Q2 24 | 59.8% | 32.5% |
营业利润率BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 17.7% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 4.5% |
净利率BXPFIVE
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 3.5% | ||
| Q3 25 | -14.0% | 4.2% | ||
| Q2 25 | 10.2% | 4.2% | ||
| Q1 25 | 7.1% | 13.5% | ||
| Q4 24 | -26.7% | 0.2% | ||
| Q3 24 | 9.7% | 4.0% | ||
| Q2 24 | 9.4% | 3.9% |
每股收益（稀释后）BXPFIVE
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.66 | ||
| Q3 25 | $-0.77 | $0.77 | ||
| Q2 25 | $0.56 | $0.75 | ||
| Q1 25 | $0.39 | $3.40 | ||
| Q4 24 | $-1.46 | $0.03 | ||
| Q3 24 | $0.53 | $0.60 | ||
| Q2 24 | $0.51 | $0.57 |
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 | $524.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.0B |
| 总资产 | $25.1B | $4.8B |
| 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BXPFIVE
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $524.5M | ||
| Q3 25 | $861.1M | $670.2M | ||
| Q2 25 | $447.0M | $624.0M | ||
| Q1 25 | $398.1M | $528.8M | ||
| Q4 24 | $1.3B | $216.6M | ||
| Q3 24 | $1.4B | $327.7M | ||
| Q2 24 | $685.4M | $369.6M |
股东权益BXPFIVE
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.0B | ||
| Q3 25 | $5.0B | $1.9B | ||
| Q2 25 | $5.3B | $1.9B | ||
| Q1 25 | $5.3B | $1.8B | ||
| Q4 24 | $5.4B | $1.6B | ||
| Q3 24 | $5.8B | $1.6B | ||
| Q2 24 | $5.8B | $1.6B |
总资产BXPFIVE
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.8B | ||
| Q3 25 | $26.0B | $4.6B | ||
| Q2 25 | $25.6B | $4.5B | ||
| Q1 25 | $25.4B | $4.3B | ||
| Q4 24 | $26.1B | $4.2B | ||
| Q3 24 | $26.4B | $4.0B | ||
| Q2 24 | $25.5B | $3.9B |
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 | — | $-80.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-133.2M |
| 自由现金流率自由现金流/营收 | — | -12.8% |
| 资本支出强度资本支出/营收 | 1.5% | 5.1% |
| 现金转化率经营现金流/净利润 | — | -2.19× |
| 过去12个月自由现金流最近4个季度 | — | $323.0M |
8季度趋势，按日历期对齐
经营现金流BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $-80.1M | ||
| Q3 25 | $274.2M | $93.0M | ||
| Q2 25 | $353.1M | $132.7M | ||
| Q1 25 | $210.0M | $363.5M | ||
| Q4 24 | $383.7M | $-30.6M | ||
| Q3 24 | $286.1M | $71.3M | ||
| Q2 24 | $367.1M | $26.4M |
自由现金流BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-133.2M | ||
| Q3 25 | $231.6M | $48.3M | ||
| Q2 25 | $281.5M | $96.5M | ||
| Q1 25 | $152.6M | $311.4M | ||
| Q4 24 | $312.5M | $-111.0M | ||
| Q3 24 | $234.5M | $-32.4M | ||
| Q2 24 | $332.4M | $-61.4M |
自由现金流率BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -12.8% | ||
| Q3 25 | 26.6% | 4.7% | ||
| Q2 25 | 32.4% | 9.9% | ||
| Q1 25 | 17.6% | 22.4% | ||
| Q4 24 | 36.4% | -13.2% | ||
| Q3 24 | 27.3% | -3.9% | ||
| Q2 24 | 39.1% | -7.6% |
资本支出强度BXPFIVE
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 5.1% | ||
| Q3 25 | 4.9% | 4.4% | ||
| Q2 25 | 8.2% | 3.7% | ||
| Q1 25 | 6.6% | 3.7% | ||
| Q4 24 | 8.3% | 9.5% | ||
| Q3 24 | 6.0% | 12.5% | ||
| Q2 24 | 4.1% | 10.8% |
现金转化率BXPFIVE
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | -2.19× | ||
| Q3 25 | — | 2.17× | ||
| Q2 25 | 3.97× | 3.22× | ||
| Q1 25 | 3.43× | 1.94× | ||
| Q4 24 | — | -18.13× | ||
| Q3 24 | 3.42× | 2.16× | ||
| Q2 24 | 4.61× | 0.84× |
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% |
FIVE
暂无分部数据
