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BXP, Inc.（BXP）与HERC HOLDINGS INC（HRI）财务数据对比。点击上方公司名可切换其他公司
HERC HOLDINGS INC的季度营收约是BXP, Inc.的1.3倍（$1.1B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -2.1%，领先17.4%），HERC HOLDINGS INC同比增速更快（32.3% vs 0.8%），过去两年HERC HOLDINGS INC的营收复合增速更高（1343.1% 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。
Herc Holdings Inc.是北美领先的设备租赁服务供应商，主营工程重型机械、电动工具、临时供电及温控系统租赁业务，服务覆盖建筑、工业、商业活动、基建及政府等领域，业务遍布美国与加拿大。
BXP vs HRI — 直观对比
营收规模更大
HRI
是对方的1.3倍
$872.1M
营收增速更快
HRI
高出31.5%
0.8%
净利率更高
BXP
高出17.4%
-2.1%
两年增速更快
HRI
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.1B |
| 净利润 | $133.0M | $-24.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 15.3% | -2.1% |
| 营收同比 | 0.8% | 32.3% |
| 净利润同比 | 53.0% | -33.3% |
| 每股收益（稀释后） | $1.69 | $-0.72 |
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BXPHRI
| Q1 26 | $872.1M | $1.1B | ||
| Q4 25 | $877.1M | $30.1M | ||
| Q3 25 | $871.5M | $10.1M | ||
| Q2 25 | $868.5M | $6.3M | ||
| Q1 25 | $865.2M | $4.2M | ||
| Q4 24 | $858.6M | $4.1M | ||
| Q3 24 | $859.2M | — | ||
| Q2 24 | $850.5M | — |
净利润BXPHRI
| Q1 26 | $133.0M | $-24.0M | ||
| Q4 25 | $248.4M | $-99.9M | ||
| Q3 25 | $-121.7M | $-7.5M | ||
| Q2 25 | $89.0M | $-10.8M | ||
| Q1 25 | $61.2M | $-14.1M | ||
| Q4 24 | $-228.9M | $-10.3M | ||
| Q3 24 | $83.6M | — | ||
| Q2 24 | $79.6M | — |
毛利率BXPHRI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 42.3% | ||
| Q3 25 | 59.3% | 25.8% | ||
| Q2 25 | 59.2% | 53.1% | ||
| Q1 25 | 59.2% | 35.0% | ||
| Q4 24 | 59.7% | 21.4% | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPHRI
| Q1 26 | — | — | ||
| Q4 25 | — | -77.4% | ||
| Q3 25 | — | -153.5% | ||
| Q2 25 | — | -147.4% | ||
| Q1 25 | — | -242.7% | ||
| Q4 24 | — | -206.3% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
净利率BXPHRI
| Q1 26 | 15.3% | -2.1% | ||
| Q4 25 | 28.3% | -331.7% | ||
| Q3 25 | -14.0% | -74.1% | ||
| Q2 25 | 10.2% | -171.4% | ||
| Q1 25 | 7.1% | -332.8% | ||
| Q4 24 | -26.7% | -250.3% | ||
| Q3 24 | 9.7% | — | ||
| Q2 24 | 9.4% | — |
每股收益（稀释后）BXPHRI
| Q1 26 | $1.69 | $-0.72 | ||
| Q4 25 | $1.56 | $-0.36 | ||
| Q3 25 | $-0.77 | $-0.03 | ||
| Q2 25 | $0.56 | $-0.08 | ||
| Q1 25 | $0.39 | $-0.15 | ||
| Q4 24 | $-1.46 | $-0.15 | ||
| Q3 24 | $0.53 | — | ||
| Q2 24 | $0.51 | — |
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 | $43.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.9B |
| 总资产 | $25.1B | $13.6B |
| 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BXPHRI
| Q1 26 | $512.8M | $43.0M | ||
| Q4 25 | $1.5B | $550.7M | ||
| Q3 25 | $861.1M | $432.8M | ||
| Q2 25 | $447.0M | $67.6M | ||
| Q1 25 | $398.1M | — | ||
| Q4 24 | $1.3B | $30.0M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $685.4M | — |
总债务BXPHRI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $300.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPHRI
| Q1 26 | $7.7B | $1.9B | ||
| Q4 25 | $5.1B | $437.8M | ||
| Q3 25 | $5.0B | $486.1M | ||
| Q2 25 | $5.3B | $90.8M | ||
| Q1 25 | $5.3B | $26.1M | ||
| Q4 24 | $5.4B | $16.6M | ||
| Q3 24 | $5.8B | — | ||
| Q2 24 | $5.8B | — |
总资产BXPHRI
| Q1 26 | $25.1B | $13.6B | ||
| Q4 25 | $26.2B | $1.1B | ||
| Q3 25 | $26.0B | $550.2M | ||
| Q2 25 | $25.6B | $152.0M | ||
| Q1 25 | $25.4B | $104.6M | ||
| Q4 24 | $26.1B | $109.6M | ||
| Q3 24 | $26.4B | — | ||
| Q2 24 | $25.5B | — |
负债/权益比BXPHRI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $277.0M |
| 自由现金流经营现金流 - 资本支出 | — | $94.0M |
| 自由现金流率自由现金流/营收 | — | 8.3% |
| 资本支出强度资本支出/营收 | 1.5% | 13.6% |
| 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 | — | $60.1M |
8季度趋势，按日历期对齐
经营现金流BXPHRI
| Q1 26 | — | $277.0M | ||
| Q4 25 | $407.8M | $-12.7M | ||
| Q3 25 | $274.2M | $-11.0M | ||
| Q2 25 | $353.1M | $-8.4M | ||
| Q1 25 | $210.0M | $-6.7M | ||
| Q4 24 | $383.7M | $-8.1M | ||
| Q3 24 | $286.1M | — | ||
| Q2 24 | $367.1M | — |
自由现金流BXPHRI
| Q1 26 | — | $94.0M | ||
| Q4 25 | $362.7M | $-14.3M | ||
| Q3 25 | $231.6M | $-11.1M | ||
| Q2 25 | $281.5M | $-8.5M | ||
| Q1 25 | $152.6M | $-6.8M | ||
| Q4 24 | $312.5M | $-8.1M | ||
| Q3 24 | $234.5M | — | ||
| Q2 24 | $332.4M | — |
自由现金流率BXPHRI
| Q1 26 | — | 8.3% | ||
| Q4 25 | 41.4% | -47.6% | ||
| Q3 25 | 26.6% | -110.2% | ||
| Q2 25 | 32.4% | -135.5% | ||
| Q1 25 | 17.6% | -160.8% | ||
| Q4 24 | 36.4% | -197.1% | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 39.1% | — |
资本支出强度BXPHRI
| Q1 26 | 1.5% | 13.6% | ||
| Q4 25 | 5.1% | 5.3% | ||
| Q3 25 | 4.9% | 1.7% | ||
| Q2 25 | 8.2% | 1.5% | ||
| Q1 25 | 6.6% | 4.0% | ||
| Q4 24 | 8.3% | 0.7% | ||
| Q3 24 | 6.0% | — | ||
| Q2 24 | 4.1% | — |
现金转化率BXPHRI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | — |
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% |
HRI
| Equipment rental | $981.0M | 86% |
| Sales of rental equipment | $138.0M | 12% |
| Sales of new equipment, parts and supplies | $13.0M | 1% |
| Service and other revenue | $7.0M | 1% |
