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BXP, Inc.（BXP）与iHeartMedia, Inc.（IHRT）财务数据对比。点击上方公司名可切换其他公司
iHeartMedia, 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 -3.7%，领先19.0%），BXP, Inc.同比增速更快（0.8% vs 0.8%），过去两年iHeartMedia, Inc.的营收复合增速更高（18.8% 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。
iHeartMedia是一家总部位于美国德克萨斯州圣安东尼奥的大众传媒企业，前身为清晰频道通信公司，1972年由劳里·梅斯与雷德·麦库姆斯创立，2008年由贝恩资本和托马斯·李合作伙伴公司通过杠杆收购完成私有化，目前是美国知名的传媒控股集团。
BXP vs IHRT — 直观对比
营收规模更大
IHRT
是对方的1.3倍
$872.1M
营收增速更快
BXP
高出0.0%
0.8%
净利率更高
BXP
高出19.0%
-3.7%
两年增速更快
IHRT
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.1B |
| 净利润 | $133.0M | $-41.9M |
| 毛利率 | — | — |
| 营业利润率 | — | 7.6% |
| 净利率 | 15.3% | -3.7% |
| 营收同比 | 0.8% | 0.8% |
| 净利润同比 | 53.0% | -233.1% |
| 每股收益（稀释后） | $1.69 | $-0.25 |
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BXPIHRT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.1B | ||
| Q3 25 | $871.5M | $997.0M | ||
| Q2 25 | $868.5M | $933.7M | ||
| Q1 25 | $865.2M | $807.1M | ||
| Q4 24 | $858.6M | $1.1B | ||
| Q3 24 | $859.2M | $1.0B | ||
| Q2 24 | $850.5M | $929.1M |
净利润BXPIHRT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-41.9M | ||
| Q3 25 | $-121.7M | $-66.3M | ||
| Q2 25 | $89.0M | $-83.5M | ||
| Q1 25 | $61.2M | $-281.2M | ||
| Q4 24 | $-228.9M | $31.5M | ||
| Q3 24 | $83.6M | $-41.3M | ||
| Q2 24 | $79.6M | $-981.7M |
毛利率BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | -11.7% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | -97.9% |
净利率BXPIHRT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -3.7% | ||
| Q3 25 | -14.0% | -6.6% | ||
| Q2 25 | 10.2% | -8.9% | ||
| Q1 25 | 7.1% | -34.8% | ||
| Q4 24 | -26.7% | 2.8% | ||
| Q3 24 | 9.7% | -4.1% | ||
| Q2 24 | 9.4% | -105.7% |
每股收益（稀释后）BXPIHRT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.25 | ||
| Q3 25 | $-0.77 | $-0.43 | ||
| Q2 25 | $0.56 | $-0.54 | ||
| Q1 25 | $0.39 | $-1.84 | ||
| Q4 24 | $-1.46 | $0.21 | ||
| Q3 24 | $0.53 | $-0.27 | ||
| Q2 24 | $0.51 | $-6.50 |
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 | $270.9M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $7.7B | $-1.8B |
| 总资产 | $25.1B | $5.1B |
| 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BXPIHRT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $270.9M | ||
| Q3 25 | $861.1M | $192.2M | ||
| Q2 25 | $447.0M | $235.9M | ||
| Q1 25 | $398.1M | $167.7M | ||
| Q4 24 | $1.3B | $259.6M | ||
| Q3 24 | $1.4B | $431.8M | ||
| Q2 24 | $685.4M | $364.7M |
总债务BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $5.2B |
股东权益BXPIHRT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $-1.8B | ||
| Q3 25 | $5.0B | $-1.8B | ||
| Q2 25 | $5.3B | $-1.7B | ||
| Q1 25 | $5.3B | $-1.6B | ||
| Q4 24 | $5.4B | $-1.4B | ||
| Q3 24 | $5.8B | $-1.4B | ||
| Q2 24 | $5.8B | $-1.4B |
总资产BXPIHRT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $5.1B | ||
| Q3 25 | $26.0B | $5.1B | ||
| Q2 25 | $25.6B | $5.4B | ||
| Q1 25 | $25.4B | $5.3B | ||
| Q4 24 | $26.1B | $5.6B | ||
| Q3 24 | $26.4B | $5.8B | ||
| Q2 24 | $25.5B | $5.8B |
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 | — | $156.3M |
| 自由现金流经营现金流 - 资本支出 | — | $137.6M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | 1.5% | 1.7% |
| 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 | — | $10.9M |
8季度趋势，按日历期对齐
经营现金流BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $156.3M | ||
| Q3 25 | $274.2M | $-9.5M | ||
| Q2 25 | $353.1M | $6.8M | ||
| Q1 25 | $210.0M | $-60.9M | ||
| Q4 24 | $383.7M | $1.2M | ||
| Q3 24 | $286.1M | $102.8M | ||
| Q2 24 | $367.1M | $26.7M |
自由现金流BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $137.6M | ||
| Q3 25 | $231.6M | $-32.8M | ||
| Q2 25 | $281.5M | $-13.2M | ||
| Q1 25 | $152.6M | $-80.7M | ||
| Q4 24 | $312.5M | $-24.2M | ||
| Q3 24 | $234.5M | $73.3M | ||
| Q2 24 | $332.4M | $5.6M |
自由现金流率BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 12.2% | ||
| Q3 25 | 26.6% | -3.3% | ||
| Q2 25 | 32.4% | -1.4% | ||
| Q1 25 | 17.6% | -10.0% | ||
| Q4 24 | 36.4% | -2.2% | ||
| Q3 24 | 27.3% | 7.3% | ||
| Q2 24 | 39.1% | 0.6% |
资本支出强度BXPIHRT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.7% | ||
| Q3 25 | 4.9% | 2.3% | ||
| Q2 25 | 8.2% | 2.1% | ||
| Q1 25 | 6.6% | 2.4% | ||
| Q4 24 | 8.3% | 2.3% | ||
| Q3 24 | 6.0% | 2.9% | ||
| Q2 24 | 4.1% | 2.3% |
现金转化率BXPIHRT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 0.04× | ||
| 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% |
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
