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BXP, Inc.（BXP）与固瑞克（GGG）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是固瑞克的1.5倍（$872.1M vs $593.2M），固瑞克净利率更高（22.3% vs 15.3%，领先7.1%），固瑞克同比增速更快（8.1% vs 0.8%），过去两年固瑞克的营收复合增速更高（9.8% 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。
固瑞克（Graco Inc.）是总部位于美国明尼苏达州明尼阿波利斯的工业企业，专注于流体处理系统及相关产品的研发与制造，旗下产品销往全球各地，广泛应用于多个工业领域。
BXP vs GGG — 直观对比
营收规模更大
BXP
是对方的1.5倍
$593.2M
营收增速更快
GGG
高出7.3%
0.8%
净利率更高
GGG
高出7.1%
15.3%
两年增速更快
GGG
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $593.2M |
| 净利润 | $133.0M | $132.5M |
| 毛利率 | — | 51.7% |
| 营业利润率 | — | 26.7% |
| 净利率 | 15.3% | 22.3% |
| 营收同比 | 0.8% | 8.1% |
| 净利润同比 | 53.0% | 21.9% |
| 每股收益（稀释后） | $1.69 | $0.78 |
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BXPGGG
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $593.2M | ||
| Q3 25 | $871.5M | $543.4M | ||
| Q2 25 | $868.5M | $571.8M | ||
| Q1 25 | $865.2M | $528.3M | ||
| Q4 24 | $858.6M | $548.7M | ||
| Q3 24 | $859.2M | $519.2M | ||
| Q2 24 | $850.5M | $553.2M |
净利润BXPGGG
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $132.5M | ||
| Q3 25 | $-121.7M | $137.6M | ||
| Q2 25 | $89.0M | $127.6M | ||
| Q1 25 | $61.2M | $124.1M | ||
| Q4 24 | $-228.9M | $108.7M | ||
| Q3 24 | $83.6M | $122.2M | ||
| Q2 24 | $79.6M | $133.0M |
毛利率BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 51.7% | ||
| Q3 25 | 59.3% | 53.2% | ||
| Q2 25 | 59.2% | 52.4% | ||
| Q1 25 | 59.2% | 52.6% | ||
| Q4 24 | 59.7% | 50.9% | ||
| Q3 24 | 59.5% | 53.2% | ||
| Q2 24 | 59.8% | 54.4% |
营业利润率BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 30.3% | ||
| Q2 25 | — | 27.5% | ||
| Q1 25 | — | 27.3% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 28.1% | ||
| Q2 24 | — | 29.2% |
净利率BXPGGG
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 22.3% | ||
| Q3 25 | -14.0% | 25.3% | ||
| Q2 25 | 10.2% | 22.3% | ||
| Q1 25 | 7.1% | 23.5% | ||
| Q4 24 | -26.7% | 19.8% | ||
| Q3 24 | 9.7% | 23.5% | ||
| Q2 24 | 9.4% | 24.0% |
每股收益（稀释后）BXPGGG
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.78 | ||
| Q3 25 | $-0.77 | $0.82 | ||
| Q2 25 | $0.56 | $0.76 | ||
| Q1 25 | $0.39 | $0.72 | ||
| Q4 24 | $-1.46 | $0.63 | ||
| Q3 24 | $0.53 | $0.71 | ||
| Q2 24 | $0.51 | $0.77 |
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 | $624.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.7B |
| 总资产 | $25.1B | $3.3B |
| 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BXPGGG
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $624.1M | ||
| Q3 25 | $861.1M | $618.7M | ||
| Q2 25 | $447.0M | $534.9M | ||
| Q1 25 | $398.1M | $536.1M | ||
| Q4 24 | $1.3B | $675.3M | ||
| Q3 24 | $1.4B | $764.5M | ||
| Q2 24 | $685.4M | $666.0M |
股东权益BXPGGG
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.7B | ||
| Q3 25 | $5.0B | $2.6B | ||
| Q2 25 | $5.3B | $2.5B | ||
| Q1 25 | $5.3B | $2.5B | ||
| Q4 24 | $5.4B | $2.6B | ||
| Q3 24 | $5.8B | $2.5B | ||
| Q2 24 | $5.8B | $2.4B |
总资产BXPGGG
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.3B | ||
| Q3 25 | $26.0B | $3.2B | ||
| Q2 25 | $25.6B | $3.0B | ||
| Q1 25 | $25.4B | $3.0B | ||
| Q4 24 | $26.1B | $3.1B | ||
| Q3 24 | $26.4B | $3.0B | ||
| Q2 24 | $25.5B | $2.9B |
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 | — | $196.3M |
| 自由现金流经营现金流 - 资本支出 | — | $184.3M |
| 自由现金流率自由现金流/营收 | — | 31.1% |
| 资本支出强度资本支出/营收 | 1.5% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 1.48× |
| 过去12个月自由现金流最近4个季度 | — | $637.9M |
8季度趋势，按日历期对齐
经营现金流BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $196.3M | ||
| Q3 25 | $274.2M | $179.2M | ||
| Q2 25 | $353.1M | $182.7M | ||
| Q1 25 | $210.0M | $125.4M | ||
| Q4 24 | $383.7M | $185.2M | ||
| Q3 24 | $286.1M | $178.6M | ||
| Q2 24 | $367.1M | $139.0M |
自由现金流BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $184.3M | ||
| Q3 25 | $231.6M | $175.7M | ||
| Q2 25 | $281.5M | $163.1M | ||
| Q1 25 | $152.6M | $114.8M | ||
| Q4 24 | $312.5M | $171.3M | ||
| Q3 24 | $234.5M | $159.2M | ||
| Q2 24 | $332.4M | $102.7M |
自由现金流率BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 31.1% | ||
| Q3 25 | 26.6% | 32.3% | ||
| Q2 25 | 32.4% | 28.5% | ||
| Q1 25 | 17.6% | 21.7% | ||
| Q4 24 | 36.4% | 31.2% | ||
| Q3 24 | 27.3% | 30.7% | ||
| Q2 24 | 39.1% | 18.6% |
资本支出强度BXPGGG
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.0% | ||
| Q3 25 | 4.9% | 0.6% | ||
| Q2 25 | 8.2% | 3.4% | ||
| Q1 25 | 6.6% | 2.0% | ||
| Q4 24 | 8.3% | 2.5% | ||
| Q3 24 | 6.0% | 3.7% | ||
| Q2 24 | 4.1% | 6.6% |
现金转化率BXPGGG
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.48× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | 3.97× | 1.43× | ||
| Q1 25 | 3.43× | 1.01× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | 3.42× | 1.46× | ||
| Q2 24 | 4.61× | 1.05× |
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% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
