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BXP, Inc.（BXP）与KinderCare Learning Companies, Inc.（KLC）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KinderCare Learning Companies, Inc.的1.3倍（$872.1M vs $676.8M），BXP, Inc.净利率更高（15.3% vs 0.7%，领先14.6%），BXP, Inc.同比增速更快（0.8% vs 0.8%）
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。
金德凯尔学习公司是1969年成立的美国营利性早教与托育机构运营商，总部位于俄勒冈州波特兰市，服务覆盖全美39个州及华盛顿哥伦比亚特区，目前在全美拥有超1250家教学点，在读儿童约20万人，面向出生6周至12岁的儿童提供教育项目，是俄勒冈州第三大私营企业。
BXP vs KLC — 直观对比
营收规模更大
BXP
是对方的1.3倍
$676.8M
营收增速更快
BXP
高出0.0%
0.8%
净利率更高
BXP
高出14.6%
0.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $676.8M |
| 净利润 | $133.0M | $4.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 3.9% |
| 净利率 | 15.3% | 0.7% |
| 营收同比 | 0.8% | 0.8% |
| 净利润同比 | 53.0% | -67.4% |
| 每股收益（稀释后） | $1.69 | $0.04 |
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BXPKLC
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | — | ||
| Q3 25 | $871.5M | $676.8M | ||
| Q2 25 | $868.5M | $700.1M | ||
| Q1 25 | $865.2M | $668.2M | ||
| Q4 24 | $858.6M | $647.0M | ||
| Q3 24 | $859.2M | $671.5M | ||
| Q2 24 | $850.5M | — |
净利润BXPKLC
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | — | ||
| Q3 25 | $-121.7M | $4.5M | ||
| Q2 25 | $89.0M | $38.6M | ||
| Q1 25 | $61.2M | $21.2M | ||
| Q4 24 | $-228.9M | $-133.6M | ||
| Q3 24 | $83.6M | $14.0M | ||
| Q2 24 | $79.6M | — |
毛利率BXPKLC
| 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BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 7.3% | ||
| Q4 24 | — | -13.8% | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | — |
净利率BXPKLC
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | -14.0% | 0.7% | ||
| Q2 25 | 10.2% | 5.5% | ||
| Q1 25 | 7.1% | 3.2% | ||
| Q4 24 | -26.7% | -20.6% | ||
| Q3 24 | 9.7% | 2.1% | ||
| Q2 24 | 9.4% | — |
每股收益（稀释后）BXPKLC
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | — | ||
| Q3 25 | $-0.77 | $0.04 | ||
| Q2 25 | $0.56 | $0.33 | ||
| Q1 25 | $0.39 | $0.18 | ||
| Q4 24 | $-1.46 | $-1.17 | ||
| Q3 24 | $0.53 | $0.15 | ||
| 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 | $174.7M |
| 总债务越低越好 | — | $930.9M |
| 股东权益账面价值 | $7.7B | $931.2M |
| 总资产 | $25.1B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 1.00× |
8季度趋势，按日历期对齐
现金及短期投资BXPKLC
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $861.1M | $174.7M | ||
| Q2 25 | $447.0M | $119.0M | ||
| Q1 25 | $398.1M | $131.3M | ||
| Q4 24 | $1.3B | $62.3M | ||
| Q3 24 | $1.4B | $137.2M | ||
| Q2 24 | $685.4M | — |
总债务BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $930.9M | ||
| Q2 25 | — | $926.5M | ||
| Q1 25 | — | $927.4M | ||
| Q4 24 | — | $926.0M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | — |
股东权益BXPKLC
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.0B | $931.2M | ||
| Q2 25 | $5.3B | $924.3M | ||
| Q1 25 | $5.3B | $884.9M | ||
| Q4 24 | $5.4B | $864.5M | ||
| Q3 24 | $5.8B | $235.6M | ||
| Q2 24 | $5.8B | — |
总资产BXPKLC
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | — | ||
| Q3 25 | $26.0B | $3.9B | ||
| Q2 25 | $25.6B | $3.8B | ||
| Q1 25 | $25.4B | $3.7B | ||
| Q4 24 | $26.1B | $3.6B | ||
| Q3 24 | $26.4B | $3.7B | ||
| Q2 24 | $25.5B | — |
负债/权益比BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.00× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 6.42× | ||
| 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 | — | $100.8M |
| 自由现金流经营现金流 - 资本支出 | — | $62.6M |
| 自由现金流率自由现金流/营收 | — | 9.2% |
| 资本支出强度资本支出/营收 | 1.5% | 5.6% |
| 现金转化率经营现金流/净利润 | — | 22.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | — | ||
| Q3 25 | $274.2M | $100.8M | ||
| Q2 25 | $353.1M | $35.0M | ||
| Q1 25 | $210.0M | $98.4M | ||
| Q4 24 | $383.7M | — | ||
| Q3 24 | $286.1M | — | ||
| Q2 24 | $367.1M | — |
自由现金流BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | — | ||
| Q3 25 | $231.6M | $62.6M | ||
| Q2 25 | $281.5M | $671.0K | ||
| Q1 25 | $152.6M | $75.1M | ||
| Q4 24 | $312.5M | — | ||
| Q3 24 | $234.5M | — | ||
| Q2 24 | $332.4M | — |
自由现金流率BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | — | ||
| Q3 25 | 26.6% | 9.2% | ||
| Q2 25 | 32.4% | 0.1% | ||
| Q1 25 | 17.6% | 11.2% | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 39.1% | — |
资本支出强度BXPKLC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 4.9% | 5.6% | ||
| Q2 25 | 8.2% | 4.9% | ||
| Q1 25 | 6.6% | 3.5% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 6.0% | — | ||
| Q2 24 | 4.1% | — |
现金转化率BXPKLC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 22.15× | ||
| Q2 25 | 3.97× | 0.91× | ||
| Q1 25 | 3.43× | 4.65× | ||
| 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% |
KLC
| Early Childhood Education Centers | $627.0M | 93% |
| Before And After School Sites | $49.8M | 7% |
