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BXP, Inc.（BXP）与康宝莱（HLF）财务数据对比。点击上方公司名可切换其他公司
康宝莱的季度营收约是BXP, Inc.的1.4倍（$1.2B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 5.0%，领先10.2%），康宝莱同比增速更快（7.8% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -2.3%）
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。
康宝莱是美国跨国多层次营销企业，主营膳食补充剂的研发与销售。该公司曾被指控涉嫌金字塔骗局欺诈运营，2016年与美国证监会达成协议后调整了薪酬体系，将经销商奖励与可核实的实际销售额挂钩。此外其部分产品曾被曝出引发急性肝炎的相关问题。
BXP vs HLF — 直观对比
营收规模更大
HLF
是对方的1.4倍
$872.1M
营收增速更快
HLF
高出7.0%
0.8%
净利率更高
BXP
高出10.2%
5.0%
两年增速更快
BXP
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.2B |
| 净利润 | $133.0M | $61.2M |
| 毛利率 | — | 84.0% |
| 营业利润率 | — | 11.3% |
| 净利率 | 15.3% | 5.0% |
| 营收同比 | 0.8% | 7.8% |
| 净利润同比 | 53.0% | 21.4% |
| 每股收益（稀释后） | $1.69 | $0.57 |
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BXPHLF
| Q1 26 | $872.1M | $1.2B | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.3B | ||
| Q2 25 | $868.5M | $1.3B | ||
| Q1 25 | $865.2M | $1.2B | ||
| Q4 24 | $858.6M | $1.2B | ||
| Q3 24 | $859.2M | $1.2B | ||
| Q2 24 | $850.5M | $1.3B |
净利润BXPHLF
| Q1 26 | $133.0M | $61.2M | ||
| Q4 25 | $248.4M | $85.4M | ||
| Q3 25 | $-121.7M | $43.2M | ||
| Q2 25 | $89.0M | $49.3M | ||
| Q1 25 | $61.2M | $50.4M | ||
| Q4 24 | $-228.9M | $177.9M | ||
| Q3 24 | $83.6M | $47.4M | ||
| Q2 24 | $79.6M | $4.7M |
毛利率BXPHLF
| Q1 26 | — | 84.0% | ||
| Q4 25 | 58.8% | 77.5% | ||
| Q3 25 | 59.3% | 77.7% | ||
| Q2 25 | 59.2% | 78.0% | ||
| Q1 25 | 59.2% | 78.3% | ||
| Q4 24 | 59.7% | 77.8% | ||
| Q3 24 | 59.5% | 78.3% | ||
| Q2 24 | 59.8% | 77.9% |
营业利润率BXPHLF
| Q1 26 | — | 11.3% | ||
| Q4 25 | — | 7.8% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 6.3% |
净利率BXPHLF
| Q1 26 | 15.3% | 5.0% | ||
| Q4 25 | 28.3% | 6.7% | ||
| Q3 25 | -14.0% | 3.4% | ||
| Q2 25 | 10.2% | 3.9% | ||
| Q1 25 | 7.1% | 4.1% | ||
| Q4 24 | -26.7% | 14.7% | ||
| Q3 24 | 9.7% | 3.8% | ||
| Q2 24 | 9.4% | 0.4% |
每股收益（稀释后）BXPHLF
| Q1 26 | $1.69 | $0.57 | ||
| Q4 25 | $1.56 | $0.81 | ||
| Q3 25 | $-0.77 | $0.42 | ||
| Q2 25 | $0.56 | $0.48 | ||
| Q1 25 | $0.39 | $0.49 | ||
| Q4 24 | $-1.46 | $1.75 | ||
| Q3 24 | $0.53 | $0.46 | ||
| Q2 24 | $0.51 | $0.05 |
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 | $451.2M |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $7.7B | — |
| 总资产 | $25.1B | $2.9B |
| 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BXPHLF
| Q1 26 | $512.8M | $451.2M | ||
| Q4 25 | $1.5B | $353.1M | ||
| Q3 25 | $861.1M | $305.5M | ||
| Q2 25 | $447.0M | $320.9M | ||
| Q1 25 | $398.1M | $329.4M | ||
| Q4 24 | $1.3B | $415.3M | ||
| Q3 24 | $1.4B | $402.5M | ||
| Q2 24 | $685.4M | $374.0M |
总债务BXPHLF
| Q1 26 | — | $2.0B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益BXPHLF
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $-515.1M | ||
| Q3 25 | $5.0B | $-612.0M | ||
| Q2 25 | $5.3B | $-660.5M | ||
| Q1 25 | $5.3B | $-736.0M | ||
| Q4 24 | $5.4B | $-801.1M | ||
| Q3 24 | $5.8B | $-954.2M | ||
| Q2 24 | $5.8B | $-1.0B |
总资产BXPHLF
| Q1 26 | $25.1B | $2.9B | ||
| Q4 25 | $26.2B | $2.8B | ||
| Q3 25 | $26.0B | $2.7B | ||
| Q2 25 | $25.6B | $2.7B | ||
| Q1 25 | $25.4B | $2.7B | ||
| Q4 24 | $26.1B | $2.7B | ||
| Q3 24 | $26.4B | $2.7B | ||
| Q2 24 | $25.5B | $2.6B |
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 | — | $113.8M |
| 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 | — | 1.86× |
| 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BXPHLF
| Q1 26 | — | $113.8M | ||
| Q4 25 | $407.8M | $98.3M | ||
| Q3 25 | $274.2M | $138.8M | ||
| Q2 25 | $353.1M | $96.0M | ||
| Q1 25 | $210.0M | $200.0K | ||
| Q4 24 | $383.7M | $69.6M | ||
| Q3 24 | $286.1M | $99.5M | ||
| Q2 24 | $367.1M | $102.5M |
自由现金流BXPHLF
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $79.8M | ||
| Q3 25 | $231.6M | $118.0M | ||
| Q2 25 | $281.5M | $73.2M | ||
| Q1 25 | $152.6M | $-18.1M | ||
| Q4 24 | $312.5M | $43.9M | ||
| Q3 24 | $234.5M | $72.4M | ||
| Q2 24 | $332.4M | $66.2M |
自由现金流率BXPHLF
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 6.2% | ||
| Q3 25 | 26.6% | 9.3% | ||
| Q2 25 | 32.4% | 5.8% | ||
| Q1 25 | 17.6% | -1.5% | ||
| Q4 24 | 36.4% | 3.6% | ||
| Q3 24 | 27.3% | 5.8% | ||
| Q2 24 | 39.1% | 5.2% |
资本支出强度BXPHLF
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.4% | ||
| Q3 25 | 4.9% | 1.6% | ||
| Q2 25 | 8.2% | 1.8% | ||
| Q1 25 | 6.6% | 1.5% | ||
| Q4 24 | 8.3% | 2.1% | ||
| Q3 24 | 6.0% | 2.2% | ||
| Q2 24 | 4.1% | 2.8% |
现金转化率BXPHLF
| Q1 26 | — | 1.86× | ||
| Q4 25 | 1.64× | 1.15× | ||
| Q3 25 | — | 3.21× | ||
| Q2 25 | 3.97× | 1.95× | ||
| Q1 25 | 3.43× | 0.00× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | 3.42× | 2.10× | ||
| Q2 24 | 4.61× | 21.81× |
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% |
HLF
暂无分部数据
