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BXP, Inc.（BXP）与FORWARD AIR CORP（FWRD）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FORWARD AIR CORP的1.4倍（$872.1M vs $631.2M），BXP, Inc.净利率更高（15.3% vs -4.5%，领先19.7%），BXP, Inc.同比增速更快（0.8% vs -0.3%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% 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。
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
BXP vs FWRD — 直观对比
营收规模更大
BXP
是对方的1.4倍
$631.2M
营收增速更快
BXP
高出1.1%
-0.3%
净利率更高
BXP
高出19.7%
-4.5%
两年增速更快
FWRD
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $631.2M |
| 净利润 | $133.0M | $-28.3M |
| 毛利率 | — | — |
| 营业利润率 | — | -0.5% |
| 净利率 | 15.3% | -4.5% |
| 营收同比 | 0.8% | -0.3% |
| 净利润同比 | 53.0% | 22.2% |
| 每股收益（稀释后） | $1.69 | $-0.90 |
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BXPFWRD
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $631.2M | ||
| Q3 25 | $871.5M | $631.8M | ||
| Q2 25 | $868.5M | $618.8M | ||
| Q1 25 | $865.2M | $613.3M | ||
| Q4 24 | $858.6M | $632.8M | ||
| Q3 24 | $859.2M | $655.9M | ||
| Q2 24 | $850.5M | $643.7M |
净利润BXPFWRD
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-28.3M | ||
| Q3 25 | $-121.7M | $-16.3M | ||
| Q2 25 | $89.0M | $-12.6M | ||
| Q1 25 | $61.2M | $-50.6M | ||
| Q4 24 | $-228.9M | $-36.4M | ||
| Q3 24 | $83.6M | $-73.4M | ||
| Q2 24 | $79.6M | $-645.4M |
毛利率BXPFWRD
| 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BXPFWRD
| Q1 26 | — | — | ||
| Q4 25 | — | -0.5% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | -170.2% |
净利率BXPFWRD
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -4.5% | ||
| Q3 25 | -14.0% | -2.6% | ||
| Q2 25 | 10.2% | -2.0% | ||
| Q1 25 | 7.1% | -8.3% | ||
| Q4 24 | -26.7% | -5.8% | ||
| Q3 24 | 9.7% | -11.2% | ||
| Q2 24 | 9.4% | -100.3% |
每股收益（稀释后）BXPFWRD
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.90 | ||
| Q3 25 | $-0.77 | $-0.52 | ||
| Q2 25 | $0.56 | $-0.41 | ||
| Q1 25 | $0.39 | $-1.68 | ||
| Q4 24 | $-1.46 | $-1.69 | ||
| Q3 24 | $0.53 | $-2.66 | ||
| Q2 24 | $0.51 | $-23.47 |
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 | $106.0M |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $7.7B | $113.3M |
| 总资产 | $25.1B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 14.89× |
8季度趋势，按日历期对齐
现金及短期投资BXPFWRD
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $106.0M | ||
| Q3 25 | $861.1M | $140.4M | ||
| Q2 25 | $447.0M | $95.1M | ||
| Q1 25 | $398.1M | $116.3M | ||
| Q4 24 | $1.3B | $104.9M | ||
| Q3 24 | $1.4B | $136.6M | ||
| Q2 24 | $685.4M | $84.9M |
总债务BXPFWRD
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPFWRD
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $113.3M | ||
| Q3 25 | $5.0B | $139.8M | ||
| Q2 25 | $5.3B | $151.8M | ||
| Q1 25 | $5.3B | $154.6M | ||
| Q4 24 | $5.4B | $201.7M | ||
| Q3 24 | $5.8B | $226.1M | ||
| Q2 24 | $5.8B | $283.8M |
总资产BXPFWRD
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.7B | ||
| Q3 25 | $26.0B | $2.8B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | $2.8B | ||
| Q4 24 | $26.1B | $2.8B | ||
| Q3 24 | $26.4B | $3.1B | ||
| Q2 24 | $25.5B | $3.1B |
负债/权益比BXPFWRD
| Q1 26 | — | — | ||
| Q4 25 | — | 14.89× | ||
| Q3 25 | — | 12.05× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
