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BXP, Inc.（BXP）与FMC CORP（FMC）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是FMC CORP的1.1倍（$872.1M vs $759.0M），BXP, Inc.净利率更高（15.3% vs -37.0%，领先52.3%），BXP, Inc.同比增速更快（0.8% vs -4.0%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -14.5%）
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。
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
BXP vs FMC — 直观对比
营收规模更大
BXP
是对方的1.1倍
$759.0M
营收增速更快
BXP
高出4.8%
-4.0%
净利率更高
BXP
高出52.3%
-37.0%
两年增速更快
BXP
近两年复合增速
-14.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $759.0M |
| 净利润 | $133.0M | $-281.2M |
| 毛利率 | — | — |
| 营业利润率 | — | -10.6% |
| 净利率 | 15.3% | -37.0% |
| 营收同比 | 0.8% | -4.0% |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $-2.25 |
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BXPFMC
| Q1 26 | $872.1M | $759.0M | ||
| Q4 25 | $877.1M | $1.1B | ||
| Q3 25 | $871.5M | $542.2M | ||
| Q2 25 | $868.5M | $1.1B | ||
| Q1 25 | $865.2M | $791.4M | ||
| Q4 24 | $858.6M | $1.2B | ||
| Q3 24 | $859.2M | $1.1B | ||
| Q2 24 | $850.5M | $1.0B |
净利润BXPFMC
| Q1 26 | $133.0M | $-281.2M | ||
| Q4 25 | $248.4M | $-1.7B | ||
| Q3 25 | $-121.7M | $-569.3M | ||
| Q2 25 | $89.0M | $66.7M | ||
| Q1 25 | $61.2M | $-15.5M | ||
| Q4 24 | $-228.9M | $-16.3M | ||
| Q3 24 | $83.6M | $65.0M | ||
| Q2 24 | $79.6M | $295.1M |
毛利率BXPFMC
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 39.8% | ||
| Q3 25 | 59.3% | 23.8% | ||
| Q2 25 | 59.2% | 38.7% | ||
| Q1 25 | 59.2% | 40.0% | ||
| Q4 24 | 59.7% | 42.9% | ||
| Q3 24 | 59.5% | 36.3% | ||
| Q2 24 | 59.8% | 38.3% |
营业利润率BXPFMC
| Q1 26 | — | -10.6% | ||
| Q4 25 | — | -130.8% | ||
| Q3 25 | — | -73.1% | ||
| Q2 25 | — | 12.0% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 6.0% |
净利率BXPFMC
| Q1 26 | 15.3% | -37.0% | ||
| Q4 25 | 28.3% | -158.8% | ||
| Q3 25 | -14.0% | -105.0% | ||
| Q2 25 | 10.2% | 6.3% | ||
| Q1 25 | 7.1% | -2.0% | ||
| Q4 24 | -26.7% | -1.3% | ||
| Q3 24 | 9.7% | 6.1% | ||
| Q2 24 | 9.4% | 28.4% |
每股收益（稀释后）BXPFMC
| Q1 26 | $1.69 | $-2.25 | ||
| Q4 25 | $1.56 | $-13.77 | ||
| Q3 25 | $-0.77 | $-4.52 | ||
| Q2 25 | $0.56 | $0.53 | ||
| Q1 25 | $0.39 | $-0.12 | ||
| Q4 24 | $-1.46 | $-0.13 | ||
| Q3 24 | $0.53 | $0.52 | ||
| Q2 24 | $0.51 | $2.35 |
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 | $390.9M |
| 总债务越低越好 | — | $2.8B |
| 股东权益账面价值 | $7.7B | $1.8B |
| 总资产 | $25.1B | $9.4B |
| 负债/权益比越低杠杆越低 | — | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资BXPFMC
| Q1 26 | $512.8M | $390.9M | ||
| Q4 25 | $1.5B | $584.5M | ||
| Q3 25 | $861.1M | $497.7M | ||
| Q2 25 | $447.0M | $438.2M | ||
| Q1 25 | $398.1M | $315.3M | ||
| Q4 24 | $1.3B | $357.3M | ||
| Q3 24 | $1.4B | $416.7M | ||
| Q2 24 | $685.4M | $471.5M |
总债务BXPFMC
| Q1 26 | — | $2.8B | ||
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B |
股东权益BXPFMC
| Q1 26 | $7.7B | $1.8B | ||
| Q4 25 | $5.1B | $2.1B | ||
| Q3 25 | $5.0B | $3.8B | ||
| Q2 25 | $5.3B | $4.4B | ||
| Q1 25 | $5.3B | $4.4B | ||
| Q4 24 | $5.4B | $4.5B | ||
| Q3 24 | $5.8B | $4.6B | ||
| Q2 24 | $5.8B | $4.6B |
总资产BXPFMC
| Q1 26 | $25.1B | $9.4B | ||
| Q4 25 | $26.2B | $9.7B | ||
| Q3 25 | $26.0B | $12.1B | ||
| Q2 25 | $25.6B | $12.3B | ||
| Q1 25 | $25.4B | $11.8B | ||
| Q4 24 | $26.1B | $11.7B | ||
| Q3 24 | $26.4B | $12.2B | ||
| Q2 24 | $25.5B | $12.1B |
负债/权益比BXPFMC
| Q1 26 | — | 1.50× | ||
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.69× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.68× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-628.1M |
| 自由现金流率自由现金流/营收 | — | -82.8% |
| 资本支出强度资本支出/营收 | 1.5% | 2.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-154.0M |
8季度趋势，按日历期对齐
经营现金流BXPFMC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $657.1M | ||
| Q3 25 | $274.2M | $-184.2M | ||
| Q2 25 | $353.1M | $65.9M | ||
| Q1 25 | $210.0M | $-545.0M | ||
| Q4 24 | $383.7M | $427.9M | ||
| Q3 24 | $286.1M | $159.5M | ||
| Q2 24 | $367.1M | $292.2M |
自由现金流BXPFMC
| Q1 26 | — | $-628.1M | ||
| Q4 25 | $362.7M | $631.1M | ||
| Q3 25 | $231.6M | $-207.9M | ||
| Q2 25 | $281.5M | $50.9M | ||
| Q1 25 | $152.6M | $-576.6M | ||
| Q4 24 | $312.5M | $406.3M | ||
| Q3 24 | $234.5M | $143.8M | ||
| Q2 24 | $332.4M | $282.3M |
自由现金流率BXPFMC
| Q1 26 | — | -82.8% | ||
| Q4 25 | 41.4% | 58.3% | ||
| Q3 25 | 26.6% | -38.3% | ||
| Q2 25 | 32.4% | 4.8% | ||
| Q1 25 | 17.6% | -72.9% | ||
| Q4 24 | 36.4% | 33.2% | ||
| Q3 24 | 27.3% | 13.5% | ||
| Q2 24 | 39.1% | 27.2% |
资本支出强度BXPFMC
| Q1 26 | 1.5% | 2.2% | ||
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.9% | 4.4% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 4.0% | ||
| Q4 24 | 8.3% | 1.8% | ||
| Q3 24 | 6.0% | 1.5% | ||
| Q2 24 | 4.1% | 1.0% |
现金转化率BXPFMC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | 0.99× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 2.45× | ||
| Q2 24 | 4.61× | 0.99× |
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% |
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
