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BXP, Inc.（BXP）与肯纳金属（KMT）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是肯纳金属的1.6倍（$872.1M vs $529.5M），BXP, Inc.净利率更高（15.3% vs 6.4%，领先8.9%），肯纳金属同比增速更快（9.8% vs 0.8%），过去两年肯纳金属的营收复合增速更高（1.3% 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。
肯纳金属是高性能切削工具及工程部件制造商，产品广泛应用于航空航天、国防、交通运输、油气钻探等领域，业务覆盖全球市场，为各行业客户提供适配高要求作业场景的专业解决方案。
BXP vs KMT — 直观对比
营收规模更大
BXP
是对方的1.6倍
$529.5M
营收增速更快
KMT
高出9.0%
0.8%
净利率更高
BXP
高出8.9%
6.4%
两年增速更快
KMT
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $529.5M |
| 净利润 | $133.0M | $33.9M |
| 毛利率 | — | 32.8% |
| 营业利润率 | — | 9.9% |
| 净利率 | 15.3% | 6.4% |
| 营收同比 | 0.8% | 9.8% |
| 净利润同比 | 53.0% | 89.0% |
| 每股收益（稀释后） | $1.69 | $0.44 |
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BXPKMT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $529.5M | ||
| Q3 25 | $871.5M | $498.0M | ||
| Q2 25 | $868.5M | $516.4M | ||
| Q1 25 | $865.2M | $486.4M | ||
| Q4 24 | $858.6M | $482.1M | ||
| Q3 24 | $859.2M | $481.9M | ||
| Q2 24 | $850.5M | $543.3M |
净利润BXPKMT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $33.9M | ||
| Q3 25 | $-121.7M | $23.3M | ||
| Q2 25 | $89.0M | $21.6M | ||
| Q1 25 | $61.2M | $31.5M | ||
| Q4 24 | $-228.9M | $17.9M | ||
| Q3 24 | $83.6M | $22.1M | ||
| Q2 24 | $79.6M | $37.2M |
毛利率BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 32.8% | ||
| Q3 25 | 59.3% | 31.0% | ||
| Q2 25 | 59.2% | 28.2% | ||
| Q1 25 | 59.2% | 32.1% | ||
| Q4 24 | 59.7% | 30.1% | ||
| Q3 24 | 59.5% | 31.3% | ||
| Q2 24 | 59.8% | 31.5% |
营业利润率BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | — | 9.9% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 6.1% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 11.3% |
净利率BXPKMT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 6.4% | ||
| Q3 25 | -14.0% | 4.7% | ||
| Q2 25 | 10.2% | 4.2% | ||
| Q1 25 | 7.1% | 6.5% | ||
| Q4 24 | -26.7% | 3.7% | ||
| Q3 24 | 9.7% | 4.6% | ||
| Q2 24 | 9.4% | 6.8% |
每股收益（稀释后）BXPKMT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.44 | ||
| Q3 25 | $-0.77 | $0.30 | ||
| Q2 25 | $0.56 | $0.28 | ||
| Q1 25 | $0.39 | $0.41 | ||
| Q4 24 | $-1.46 | $0.23 | ||
| Q3 24 | $0.53 | $0.28 | ||
| Q2 24 | $0.51 | $0.47 |
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 | $129.3M |
| 总债务越低越好 | — | $597.2M |
| 股东权益账面价值 | $7.7B | $1.3B |
| 总资产 | $25.1B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资BXPKMT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $129.3M | ||
| Q3 25 | $861.1M | $103.5M | ||
| Q2 25 | $447.0M | $140.5M | ||
| Q1 25 | $398.1M | $97.5M | ||
| Q4 24 | $1.3B | $121.2M | ||
| Q3 24 | $1.4B | $119.6M | ||
| Q2 24 | $685.4M | $128.0M |
总债务BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | — | $597.2M | ||
| Q3 25 | — | $597.0M | ||
| Q2 25 | — | $596.8M | ||
| Q1 25 | — | $596.6M | ||
| Q4 24 | — | $596.4M | ||
| Q3 24 | — | $596.2M | ||
| Q2 24 | — | $596.0M |
股东权益BXPKMT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $5.0B | $1.3B | ||
| Q2 25 | $5.3B | $1.3B | ||
| Q1 25 | $5.3B | $1.2B | ||
| Q4 24 | $5.4B | $1.2B | ||
| Q3 24 | $5.8B | $1.3B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPKMT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.6B | ||
| Q3 25 | $26.0B | $2.5B | ||
| Q2 25 | $25.6B | $2.5B | ||
| Q1 25 | $25.4B | $2.5B | ||
| Q4 24 | $26.1B | $2.4B | ||
| Q3 24 | $26.4B | $2.5B | ||
| Q2 24 | $25.5B | $2.5B |
负债/权益比BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.48× |
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 | — | $55.1M |
| 自由现金流经营现金流 - 资本支出 | — | $42.4M |
| 自由现金流率自由现金流/营收 | — | 8.0% |
| 资本支出强度资本支出/营收 | 1.5% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 1.63× |
| 过去12个月自由现金流最近4个季度 | — | $99.3M |
8季度趋势，按日历期对齐
经营现金流BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $55.1M | ||
| Q3 25 | $274.2M | $17.5M | ||
| Q2 25 | $353.1M | $78.6M | ||
| Q1 25 | $210.0M | $28.8M | ||
| Q4 24 | $383.7M | $55.2M | ||
| Q3 24 | $286.1M | $45.7M | ||
| Q2 24 | $367.1M | $113.6M |
自由现金流BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $42.4M | ||
| Q3 25 | $231.6M | $-5.5M | ||
| Q2 25 | $281.5M | $57.1M | ||
| Q1 25 | $152.6M | $5.3M | ||
| Q4 24 | $312.5M | $35.9M | ||
| Q3 24 | $234.5M | $21.0M | ||
| Q2 24 | $332.4M | $90.3M |
自由现金流率BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 8.0% | ||
| Q3 25 | 26.6% | -1.1% | ||
| Q2 25 | 32.4% | 11.1% | ||
| Q1 25 | 17.6% | 1.1% | ||
| Q4 24 | 36.4% | 7.5% | ||
| Q3 24 | 27.3% | 4.4% | ||
| Q2 24 | 39.1% | 16.6% |
资本支出强度BXPKMT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.9% | 4.6% | ||
| Q2 25 | 8.2% | 4.2% | ||
| Q1 25 | 6.6% | 4.8% | ||
| Q4 24 | 8.3% | 4.0% | ||
| Q3 24 | 6.0% | 5.1% | ||
| Q2 24 | 4.1% | 4.3% |
现金转化率BXPKMT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.63× | ||
| Q3 25 | — | 0.75× | ||
| Q2 25 | 3.97× | 3.64× | ||
| Q1 25 | 3.43× | 0.92× | ||
| Q4 24 | — | 3.08× | ||
| Q3 24 | 3.42× | 2.07× | ||
| Q2 24 | 4.61× | 3.06× |
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% |
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
