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BXP, Inc.（BXP）与KIRBY CORP（KEX）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KIRBY CORP的1.0倍（$872.1M vs $844.1M），BXP, Inc.净利率更高（15.3% vs 9.6%，领先5.6%），KIRBY CORP同比增速更快（7.4% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs 1.2%）
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。
总部位于美国得克萨斯州休斯顿的Kirby Corporation是美国最大的罐驳船运营商，业务覆盖密西西比河水系、海湾沿岸航道、美国三大海岸沿线及阿拉斯加、夏威夷地区，主营通过罐驳船运输石化产品、黑油、精炼石油制品、农化产品，同时拥有并运营8组远洋驳船及拖船运输单元。
BXP vs KEX — 直观对比
营收规模更大
BXP
是对方的1.0倍
$844.1M
营收增速更快
KEX
高出6.6%
0.8%
净利率更高
BXP
高出5.6%
9.6%
两年增速更快
BXP
近两年复合增速
1.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $844.1M |
| 净利润 | $133.0M | $81.3M |
| 毛利率 | — | — |
| 营业利润率 | — | 12.8% |
| 净利率 | 15.3% | 9.6% |
| 营收同比 | 0.8% | 7.4% |
| 净利润同比 | 53.0% | 6.6% |
| 每股收益（稀释后） | $1.69 | $1.50 |
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BXPKEX
| Q1 26 | $872.1M | $844.1M | ||
| Q4 25 | $877.1M | $851.8M | ||
| Q3 25 | $871.5M | $871.2M | ||
| Q2 25 | $868.5M | $855.5M | ||
| Q1 25 | $865.2M | $785.7M | ||
| Q4 24 | $858.6M | $802.3M | ||
| Q3 24 | $859.2M | $831.1M | ||
| Q2 24 | $850.5M | $824.4M |
净利润BXPKEX
| Q1 26 | $133.0M | $81.3M | ||
| Q4 25 | $248.4M | $91.8M | ||
| Q3 25 | $-121.7M | $92.5M | ||
| Q2 25 | $89.0M | $94.3M | ||
| Q1 25 | $61.2M | $76.0M | ||
| Q4 24 | $-228.9M | $42.8M | ||
| Q3 24 | $83.6M | $90.0M | ||
| Q2 24 | $79.6M | $83.9M |
毛利率BXPKEX
| 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BXPKEX
| Q1 26 | — | 12.8% | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 14.8% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | 14.6% |
净利率BXPKEX
| Q1 26 | 15.3% | 9.6% | ||
| Q4 25 | 28.3% | 10.8% | ||
| Q3 25 | -14.0% | 10.6% | ||
| Q2 25 | 10.2% | 11.0% | ||
| Q1 25 | 7.1% | 9.7% | ||
| Q4 24 | -26.7% | 5.3% | ||
| Q3 24 | 9.7% | 10.8% | ||
| Q2 24 | 9.4% | 10.2% |
每股收益（稀释后）BXPKEX
| Q1 26 | $1.69 | $1.50 | ||
| Q4 25 | $1.56 | $1.68 | ||
| Q3 25 | $-0.77 | $1.65 | ||
| Q2 25 | $0.56 | $1.67 | ||
| Q1 25 | $0.39 | $1.33 | ||
| Q4 24 | $-1.46 | $0.74 | ||
| Q3 24 | $0.53 | $1.55 | ||
| Q2 24 | $0.51 | $1.43 |
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 | $58.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $3.4B |
| 总资产 | $25.1B | — |
| 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BXPKEX
| Q1 26 | $512.8M | $58.0M | ||
| Q4 25 | $1.5B | $78.8M | ||
| Q3 25 | $861.1M | $47.0M | ||
| Q2 25 | $447.0M | $68.4M | ||
| Q1 25 | $398.1M | $51.1M | ||
| Q4 24 | $1.3B | $74.4M | ||
| Q3 24 | $1.4B | $67.1M | ||
| Q2 24 | $685.4M | $53.5M |
总债务BXPKEX
| Q1 26 | — | — | ||
| Q4 25 | — | $919.3M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $874.9M | ||
| Q3 24 | — | $978.6M | ||
| Q2 24 | — | $1.0B |
股东权益BXPKEX
| Q1 26 | $7.7B | $3.4B | ||
| Q4 25 | $5.1B | $3.4B | ||
| Q3 25 | $5.0B | $3.4B | ||
| Q2 25 | $5.3B | $3.4B | ||
| Q1 25 | $5.3B | $3.3B | ||
| Q4 24 | $5.4B | $3.4B | ||
| Q3 24 | $5.8B | $3.3B | ||
| Q2 24 | $5.8B | $3.3B |
总资产BXPKEX
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $6.0B | ||
| Q3 25 | $26.0B | $6.1B | ||
| Q2 25 | $25.6B | $6.1B | ||
| Q1 25 | $25.4B | $6.0B | ||
| Q4 24 | $26.1B | $5.9B | ||
| Q3 24 | $26.4B | $5.9B | ||
| Q2 24 | $25.5B | $5.9B |
负债/权益比BXPKEX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | 0.32× |
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 | — | $97.7M |
| 自由现金流经营现金流 - 资本支出 | — | $49.4M |
| 自由现金流率自由现金流/营收 | — | 5.9% |
| 资本支出强度资本支出/营收 | 1.5% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 1.20× |
| 过去12个月自由现金流最近4个季度 | — | $497.3M |
8季度趋势，按日历期对齐
经营现金流BXPKEX
| Q1 26 | — | $97.7M | ||
| Q4 25 | $407.8M | $312.2M | ||
| Q3 25 | $274.2M | $227.5M | ||
| Q2 25 | $353.1M | $93.9M | ||
| Q1 25 | $210.0M | $36.5M | ||
| Q4 24 | $383.7M | $247.4M | ||
| Q3 24 | $286.1M | $206.5M | ||
| Q2 24 | $367.1M | $179.3M |
自由现金流BXPKEX
| Q1 26 | — | $49.4M | ||
| Q4 25 | $362.7M | $265.2M | ||
| Q3 25 | $231.6M | $160.3M | ||
| Q2 25 | $281.5M | $22.4M | ||
| Q1 25 | $152.6M | $-42.1M | ||
| Q4 24 | $312.5M | $150.7M | ||
| Q3 24 | $234.5M | $130.1M | ||
| Q2 24 | $332.4M | $90.8M |
自由现金流率BXPKEX
| Q1 26 | — | 5.9% | ||
| Q4 25 | 41.4% | 31.1% | ||
| Q3 25 | 26.6% | 18.4% | ||
| Q2 25 | 32.4% | 2.6% | ||
| Q1 25 | 17.6% | -5.4% | ||
| Q4 24 | 36.4% | 18.8% | ||
| Q3 24 | 27.3% | 15.7% | ||
| Q2 24 | 39.1% | 11.0% |
资本支出强度BXPKEX
| Q1 26 | 1.5% | 5.7% | ||
| Q4 25 | 5.1% | 5.5% | ||
| Q3 25 | 4.9% | 7.7% | ||
| Q2 25 | 8.2% | 8.4% | ||
| Q1 25 | 6.6% | 10.0% | ||
| Q4 24 | 8.3% | 12.0% | ||
| Q3 24 | 6.0% | 9.2% | ||
| Q2 24 | 4.1% | 10.7% |
现金转化率BXPKEX
| Q1 26 | — | 1.20× | ||
| Q4 25 | 1.64× | 3.40× | ||
| Q3 25 | — | 2.46× | ||
| Q2 25 | 3.97× | 1.00× | ||
| Q1 25 | 3.43× | 0.48× | ||
| Q4 24 | — | 5.78× | ||
| Q3 24 | 3.42× | 2.30× | ||
| Q2 24 | 4.61× | 2.14× |
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% |
KEX
| Marine transportation | $497.2M | 59% |
| Distribution and services | $346.9M | 41% |
