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BXP, Inc.（BXP）与JELD-WEN Holding, Inc.（JELD）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JELD-WEN Holding, Inc.的1.1倍（$872.1M vs $802.0M），BXP, Inc.净利率更高（15.3% vs -5.2%，领先20.5%），BXP, Inc.同比增速更快（0.8% vs -10.5%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -8.6%）
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。
JELD-WEN是一家总部位于美国北卡罗来纳州夏洛特的企业，在全球19个国家运营着超过120家生产基地。公司主营设计、生产并销售室内外门窗、各类材质窗品、墙体系统、淋浴隔断、衣帽间系统等建筑部件，产品广泛应用于住宅与非住宅建筑的新建、维修及改造工程。
BXP vs JELD — 直观对比
营收规模更大
BXP
是对方的1.1倍
$802.0M
营收增速更快
BXP
高出11.3%
-10.5%
净利率更高
BXP
高出20.5%
-5.2%
两年增速更快
BXP
近两年复合增速
-8.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $802.0M |
| 净利润 | $133.0M | $-41.9M |
| 毛利率 | — | 14.7% |
| 营业利润率 | — | -1.8% |
| 净利率 | 15.3% | -5.2% |
| 营收同比 | 0.8% | -10.5% |
| 净利润同比 | 53.0% | 38.7% |
| 每股收益（稀释后） | $1.69 | $-0.50 |
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BXPJELD
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $802.0M | ||
| Q3 25 | $871.5M | $809.5M | ||
| Q2 25 | $868.5M | $823.7M | ||
| Q1 25 | $865.2M | $776.0M | ||
| Q4 24 | $858.6M | $895.7M | ||
| Q3 24 | $859.2M | $934.7M | ||
| Q2 24 | $850.5M | $986.0M |
净利润BXPJELD
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-41.9M | ||
| Q3 25 | $-121.7M | $-367.6M | ||
| Q2 25 | $89.0M | $-21.5M | ||
| Q1 25 | $61.2M | $-190.1M | ||
| Q4 24 | $-228.9M | $-68.4M | ||
| Q3 24 | $83.6M | $-74.4M | ||
| Q2 24 | $79.6M | $-18.5M |
毛利率BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 14.7% | ||
| Q3 25 | 59.3% | 17.4% | ||
| Q2 25 | 59.2% | 17.4% | ||
| Q1 25 | 59.2% | 14.4% | ||
| Q4 24 | 59.7% | 16.4% | ||
| Q3 24 | 59.5% | 19.2% | ||
| Q2 24 | 59.8% | 19.3% |
营业利润率BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | — | -1.8% | ||
| Q3 25 | — | -25.0% | ||
| Q2 25 | — | -1.7% | ||
| Q1 25 | — | -23.8% | ||
| Q4 24 | — | -5.7% | ||
| Q3 24 | — | -5.6% | ||
| Q2 24 | — | 0.5% |
净利率BXPJELD
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -5.2% | ||
| Q3 25 | -14.0% | -45.4% | ||
| Q2 25 | 10.2% | -2.6% | ||
| Q1 25 | 7.1% | -24.5% | ||
| Q4 24 | -26.7% | -7.6% | ||
| Q3 24 | 9.7% | -8.0% | ||
| Q2 24 | 9.4% | -1.9% |
每股收益（稀释后）BXPJELD
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.50 | ||
| Q3 25 | $-0.77 | $-4.30 | ||
| Q2 25 | $0.56 | $-0.25 | ||
| Q1 25 | $0.39 | $-2.24 | ||
| Q4 24 | $-1.46 | $-0.80 | ||
| Q3 24 | $0.53 | $-0.88 | ||
| Q2 24 | $0.51 | $-0.22 |
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 | $136.1M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $7.7B | $92.2M |
| 总资产 | $25.1B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 12.47× |
8季度趋势，按日历期对齐
现金及短期投资BXPJELD
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $136.1M | ||
| Q3 25 | $861.1M | $106.7M | ||
| Q2 25 | $447.0M | $134.1M | ||
| Q1 25 | $398.1M | $132.5M | ||
| Q4 24 | $1.3B | $150.3M | ||
| Q3 24 | $1.4B | $208.5M | ||
| Q2 24 | $685.4M | $212.8M |
总债务BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
股东权益BXPJELD
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $92.2M | ||
| Q3 25 | $5.0B | $113.9M | ||
| Q2 25 | $5.3B | $477.1M | ||
| Q1 25 | $5.3B | $452.1M | ||
| Q4 24 | $5.4B | $620.1M | ||
| Q3 24 | $5.8B | $720.3M | ||
| Q2 24 | $5.8B | $770.0M |
总资产BXPJELD
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.1B | ||
| Q3 25 | $26.0B | $2.2B | ||
| Q2 25 | $25.6B | $2.5B | ||
| Q1 25 | $25.4B | $2.4B | ||
| Q4 24 | $26.1B | $2.6B | ||
| Q3 24 | $26.4B | $2.8B | ||
| Q2 24 | $25.5B | $2.9B |
负债/权益比BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | — | 12.47× | ||
| Q3 25 | — | 10.14× | ||
| Q2 25 | — | 2.42× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 1.86× | ||
| Q3 24 | — | 1.64× | ||
| Q2 24 | — | 1.53× |
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 | — | $32.8M |
| 自由现金流经营现金流 - 资本支出 | — | $3.4M |
| 自由现金流率自由现金流/营收 | — | 0.4% |
| 资本支出强度资本支出/营收 | 1.5% | 3.7% |
| 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 | — | $-124.6M |
8季度趋势，按日历期对齐
经营现金流BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $32.8M | ||
| Q3 25 | $274.2M | $11.2M | ||
| Q2 25 | $353.1M | $34.6M | ||
| Q1 25 | $210.0M | $-83.5M | ||
| Q4 24 | $383.7M | $28.2M | ||
| Q3 24 | $286.1M | $37.6M | ||
| Q2 24 | $367.1M | $51.4M |
自由现金流BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $3.4M | ||
| Q3 25 | $231.6M | $-13.1M | ||
| Q2 25 | $281.5M | $5.3M | ||
| Q1 25 | $152.6M | $-120.3M | ||
| Q4 24 | $312.5M | $-23.9M | ||
| Q3 24 | $234.5M | $-4.3M | ||
| Q2 24 | $332.4M | $14.7M |
自由现金流率BXPJELD
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 0.4% | ||
| Q3 25 | 26.6% | -1.6% | ||
| Q2 25 | 32.4% | 0.6% | ||
| Q1 25 | 17.6% | -15.5% | ||
| Q4 24 | 36.4% | -2.7% | ||
| Q3 24 | 27.3% | -0.5% | ||
| Q2 24 | 39.1% | 1.5% |
资本支出强度BXPJELD
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.7% | ||
| Q3 25 | 4.9% | 3.0% | ||
| Q2 25 | 8.2% | 3.6% | ||
| Q1 25 | 6.6% | 4.7% | ||
| Q4 24 | 8.3% | 5.8% | ||
| Q3 24 | 6.0% | 4.5% | ||
| Q2 24 | 4.1% | 3.7% |
现金转化率BXPJELD
| 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% |
JELD
| North America Segment | $522.0M | 65% |
| Europe Segment | $280.0M | 35% |
