vs
BXP, Inc.（BXP）与Grocery Outlet Holding Corp.（GO）财务数据对比。点击上方公司名可切换其他公司
Grocery Outlet Holding Corp.的季度营收约是BXP, Inc.的1.4倍（$1.2B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -18.5%，领先33.8%），Grocery Outlet Holding Corp.同比增速更快（10.7% vs 0.8%），过去两年Grocery Outlet Holding Corp.的营收复合增速更高（8.3% 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。
Grocery Outlet Holding Corp.是美国知名的折扣清仓零售企业，旗下所有门店均为超市，主打销售品牌厂商及自有品牌供应商的库存积压与清仓商品，价格优惠。目前该公司的门店已分布在美国加利福尼亚、俄勒冈、华盛顿、爱达荷等十余州。
BXP vs GO — 直观对比
营收规模更大
GO
是对方的1.4倍
$872.1M
营收增速更快
GO
高出9.9%
0.8%
净利率更高
BXP
高出33.8%
-18.5%
两年增速更快
GO
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.2B |
| 净利润 | $133.0M | $-224.9M |
| 毛利率 | — | 29.7% |
| 营业利润率 | — | — |
| 净利率 | 15.3% | -18.5% |
| 营收同比 | 0.8% | 10.7% |
| 净利润同比 | 53.0% | -669.9% |
| 每股收益（稀释后） | $1.69 | $-2.22 |
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BXPGO
| Q1 26 | $872.1M | $1.2B | ||
| Q4 25 | $877.1M | — | ||
| Q3 25 | $871.5M | $1.2B | ||
| Q2 25 | $868.5M | $1.2B | ||
| Q1 25 | $865.2M | $1.1B | ||
| Q4 24 | $858.6M | $1.1B | ||
| Q3 24 | $859.2M | $1.1B | ||
| Q2 24 | $850.5M | $1.1B |
净利润BXPGO
| Q1 26 | $133.0M | $-224.9M | ||
| Q4 25 | $248.4M | — | ||
| Q3 25 | $-121.7M | $11.6M | ||
| Q2 25 | $89.0M | $5.0M | ||
| Q1 25 | $61.2M | $-23.3M | ||
| Q4 24 | $-228.9M | $2.3M | ||
| Q3 24 | $83.6M | $24.2M | ||
| Q2 24 | $79.6M | $14.0M |
毛利率BXPGO
| Q1 26 | — | 29.7% | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | 30.4% | ||
| Q2 25 | 59.2% | 30.6% | ||
| Q1 25 | 59.2% | 30.4% | ||
| Q4 24 | 59.7% | 29.5% | ||
| Q3 24 | 59.5% | 31.1% | ||
| Q2 24 | 59.8% | 30.9% |
营业利润率BXPGO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 2.3% |
净利率BXPGO
| Q1 26 | 15.3% | -18.5% | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | -14.0% | 1.0% | ||
| Q2 25 | 10.2% | 0.4% | ||
| Q1 25 | 7.1% | -2.1% | ||
| Q4 24 | -26.7% | 0.2% | ||
| Q3 24 | 9.7% | 2.2% | ||
| Q2 24 | 9.4% | 1.2% |
每股收益（稀释后）BXPGO
| Q1 26 | $1.69 | $-2.22 | ||
| Q4 25 | $1.56 | — | ||
| Q3 25 | $-0.77 | $0.12 | ||
| Q2 25 | $0.56 | $0.05 | ||
| Q1 25 | $0.39 | $-0.24 | ||
| Q4 24 | $-1.46 | $0.03 | ||
| Q3 24 | $0.53 | $0.24 | ||
| Q2 24 | $0.51 | $0.14 |
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 | $69.6M |
| 总债务越低越好 | — | $15.0M |
| 股东权益账面价值 | $7.7B | $983.7M |
| 总资产 | $25.1B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.02× |
8季度趋势，按日历期对齐
现金及短期投资BXPGO
| Q1 26 | $512.8M | $69.6M | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $861.1M | $52.1M | ||
| Q2 25 | $447.0M | $55.2M | ||
| Q1 25 | $398.1M | $50.9M | ||
| Q4 24 | $1.3B | $62.8M | ||
| Q3 24 | $1.4B | $68.7M | ||
| Q2 24 | $685.4M | $67.1M |
总债务BXPGO
| Q1 26 | — | $15.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $500.3M | ||
| Q2 25 | — | $473.9M | ||
| Q1 25 | — | $475.7M | ||
| Q4 24 | — | $477.5M | ||
| Q3 24 | — | $429.3M | ||
| Q2 24 | — | $379.2M |
股东权益BXPGO
| Q1 26 | $7.7B | $983.7M | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.3B | $1.2B | ||
| Q4 24 | $5.4B | $1.2B | ||
| Q3 24 | $5.8B | $1.2B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPGO
| Q1 26 | $25.1B | $3.1B | ||
| Q4 25 | $26.2B | — | ||
| Q3 25 | $26.0B | $3.4B | ||
| Q2 25 | $25.6B | $3.3B | ||
| Q1 25 | $25.4B | $3.3B | ||
| Q4 24 | $26.1B | $3.2B | ||
| Q3 24 | $26.4B | $3.1B | ||
| Q2 24 | $25.5B | $3.1B |
负债/权益比BXPGO
| Q1 26 | — | 0.02× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.31× |
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 | — | $222.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流BXPGO
| Q1 26 | — | $222.1M | ||
| Q4 25 | $407.8M | — | ||
| Q3 25 | $274.2M | $17.3M | ||
| Q2 25 | $353.1M | $73.6M | ||
| Q1 25 | $210.0M | $58.9M | ||
| Q4 24 | $383.7M | $39.5M | ||
| Q3 24 | $286.1M | $23.0M | ||
| Q2 24 | $367.1M | $41.6M |
自由现金流BXPGO
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | — | ||
| Q3 25 | $231.6M | $-21.6M | ||
| Q2 25 | $281.5M | $14.4M | ||
| Q1 25 | $152.6M | $-1.5M | ||
| Q4 24 | $312.5M | $-19.6M | ||
| Q3 24 | $234.5M | $-19.3M | ||
| Q2 24 | $332.4M | $2.7M |
自由现金流率BXPGO
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | — | ||
| Q3 25 | 26.6% | -1.8% | ||
| Q2 25 | 32.4% | 1.2% | ||
| Q1 25 | 17.6% | -0.1% | ||
| Q4 24 | 36.4% | -1.8% | ||
| Q3 24 | 27.3% | -1.7% | ||
| Q2 24 | 39.1% | 0.2% |
资本支出强度BXPGO
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 4.9% | 3.3% | ||
| Q2 25 | 8.2% | 5.0% | ||
| Q1 25 | 6.6% | 5.4% | ||
| Q4 24 | 8.3% | 5.4% | ||
| Q3 24 | 6.0% | 3.8% | ||
| Q2 24 | 4.1% | 3.4% |
现金转化率BXPGO
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 3.97× | 14.84× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 17.09× | ||
| Q3 24 | 3.42× | 0.95× | ||
| Q2 24 | 4.61× | 2.97× |
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% |
GO
暂无分部数据
