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BXP, Inc.（BXP）与IES Holdings, Inc.（IESC）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IES Holdings, Inc.的1.0倍（$872.1M vs $871.0M），BXP, Inc.净利率更高（15.3% vs 10.5%，领先4.7%），IES Holdings, Inc.同比增速更快（16.2% vs 0.8%），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% 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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
BXP vs IESC — 直观对比
营收规模更大
BXP
是对方的1.0倍
$871.0M
营收增速更快
IESC
高出15.4%
0.8%
净利率更高
BXP
高出4.7%
10.5%
两年增速更快
IESC
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $871.0M |
| 净利润 | $133.0M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | — | 11.2% |
| 净利率 | 15.3% | 10.5% |
| 营收同比 | 0.8% | 16.2% |
| 净利润同比 | 53.0% | 59.1% |
| 每股收益（稀释后） | $1.69 | $4.51 |
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BXPIESC
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $871.0M | ||
| Q3 25 | $871.5M | $897.8M | ||
| Q2 25 | $868.5M | $890.2M | ||
| Q1 25 | $865.2M | $834.0M | ||
| Q4 24 | $858.6M | $749.5M | ||
| Q3 24 | $859.2M | $775.8M | ||
| Q2 24 | $850.5M | $768.4M |
净利润BXPIESC
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $91.8M | ||
| Q3 25 | $-121.7M | $102.3M | ||
| Q2 25 | $89.0M | $79.3M | ||
| Q1 25 | $61.2M | $72.6M | ||
| Q4 24 | $-228.9M | $57.7M | ||
| Q3 24 | $83.6M | $65.5M | ||
| Q2 24 | $79.6M | $66.6M |
毛利率BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 25.3% | ||
| Q3 25 | 59.3% | 26.0% | ||
| Q2 25 | 59.2% | 26.9% | ||
| Q1 25 | 59.2% | 25.0% | ||
| Q4 24 | 59.7% | 23.8% | ||
| Q3 24 | 59.5% | 24.0% | ||
| Q2 24 | 59.8% | 25.3% |
营业利润率BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | — | 11.2% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | — | 12.6% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 11.7% |
净利率BXPIESC
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 10.5% | ||
| Q3 25 | -14.0% | 11.4% | ||
| Q2 25 | 10.2% | 8.9% | ||
| Q1 25 | 7.1% | 8.7% | ||
| Q4 24 | -26.7% | 7.7% | ||
| Q3 24 | 9.7% | 8.4% | ||
| Q2 24 | 9.4% | 8.7% |
每股收益（稀释后）BXPIESC
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $4.51 | ||
| Q3 25 | $-0.77 | $4.99 | ||
| Q2 25 | $0.56 | $3.81 | ||
| Q1 25 | $0.39 | $3.50 | ||
| Q4 24 | $-1.46 | $2.72 | ||
| Q3 24 | $0.53 | $3.06 | ||
| Q2 24 | $0.51 | $2.67 |
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 | $258.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $961.1M |
| 总资产 | $25.1B | $1.7B |
| 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BXPIESC
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $258.7M | ||
| Q3 25 | $861.1M | $231.8M | ||
| Q2 25 | $447.0M | $168.3M | ||
| Q1 25 | $398.1M | $88.3M | ||
| Q4 24 | $1.3B | $112.0M | ||
| Q3 24 | $1.4B | $135.8M | ||
| Q2 24 | $685.4M | $44.9M |
股东权益BXPIESC
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $961.1M | ||
| Q3 25 | $5.0B | $884.0M | ||
| Q2 25 | $5.3B | $781.4M | ||
| Q1 25 | $5.3B | $705.8M | ||
| Q4 24 | $5.4B | $652.4M | ||
| Q3 24 | $5.8B | $611.1M | ||
| Q2 24 | $5.8B | $567.5M |
总资产BXPIESC
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.7B | ||
| Q3 25 | $26.0B | $1.6B | ||
| Q2 25 | $25.6B | $1.5B | ||
| Q1 25 | $25.4B | $1.4B | ||
| Q4 24 | $26.1B | $1.3B | ||
| Q3 24 | $26.4B | $1.2B | ||
| Q2 24 | $25.5B | $1.2B |
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 | — | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 自由现金流率自由现金流/营收 | — | -2.2% |
| 资本支出强度资本支出/营收 | 1.5% | 5.3% |
| 现金转化率经营现金流/净利润 | — | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $27.7M | ||
| Q3 25 | $274.2M | $132.0M | ||
| Q2 25 | $353.1M | $92.0M | ||
| Q1 25 | $210.0M | $24.8M | ||
| Q4 24 | $383.7M | $37.3M | ||
| Q3 24 | $286.1M | $92.8M | ||
| Q2 24 | $367.1M | $82.9M |
自由现金流BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-18.9M | ||
| Q3 25 | $231.6M | $112.0M | ||
| Q2 25 | $281.5M | $74.8M | ||
| Q1 25 | $152.6M | $7.9M | ||
| Q4 24 | $312.5M | $24.1M | ||
| Q3 24 | $234.5M | $78.5M | ||
| Q2 24 | $332.4M | $65.4M |
自由现金流率BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -2.2% | ||
| Q3 25 | 26.6% | 12.5% | ||
| Q2 25 | 32.4% | 8.4% | ||
| Q1 25 | 17.6% | 0.9% | ||
| Q4 24 | 36.4% | 3.2% | ||
| Q3 24 | 27.3% | 10.1% | ||
| Q2 24 | 39.1% | 8.5% |
资本支出强度BXPIESC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 5.3% | ||
| Q3 25 | 4.9% | 2.2% | ||
| Q2 25 | 8.2% | 1.9% | ||
| Q1 25 | 6.6% | 2.0% | ||
| Q4 24 | 8.3% | 1.8% | ||
| Q3 24 | 6.0% | 1.8% | ||
| Q2 24 | 4.1% | 2.3% |
现金转化率BXPIESC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.30× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | 3.97× | 1.16× | ||
| Q1 25 | 3.43× | 0.34× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 3.42× | 1.42× | ||
| Q2 24 | 4.61× | 1.24× |
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% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
