vs
BXP, Inc.（BXP）与Knife River Corp（KNF）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Knife River Corp的1.2倍（$872.1M vs $755.1M），BXP, Inc.净利率更高（15.3% vs 4.2%，领先11.0%），Knife River Corp同比增速更快（14.9% vs 0.8%），过去两年Knife River Corp的营收复合增速更高（51.4% 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。
哥伦比亚河刀具工具公司（CRKT）是1994年成立的美国刀具企业，总部位于美国俄勒冈州图拉丁，主营各类刀具相关产品，目前由罗德·布雷默担任总裁兼销售主管，佩吉·布雷默担任财务主管。
BXP vs KNF — 直观对比
营收规模更大
BXP
是对方的1.2倍
$755.1M
营收增速更快
KNF
高出14.1%
0.8%
净利率更高
BXP
高出11.0%
4.2%
两年增速更快
KNF
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $755.1M |
| 净利润 | $133.0M | $32.0M |
| 毛利率 | — | 19.2% |
| 营业利润率 | — | 8.6% |
| 净利率 | 15.3% | 4.2% |
| 营收同比 | 0.8% | 14.9% |
| 净利润同比 | 53.0% | 37.6% |
| 每股收益（稀释后） | $1.69 | $0.56 |
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BXPKNF
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $755.1M | ||
| Q3 25 | $871.5M | $1.2B | ||
| Q2 25 | $868.5M | $833.8M | ||
| Q1 25 | $865.2M | $353.5M | ||
| Q4 24 | $858.6M | $657.2M | ||
| Q3 24 | $859.2M | $1.1B | ||
| Q2 24 | $850.5M | $806.9M |
净利润BXPKNF
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $32.0M | ||
| Q3 25 | $-121.7M | $143.2M | ||
| Q2 25 | $89.0M | $50.6M | ||
| Q1 25 | $61.2M | $-68.7M | ||
| Q4 24 | $-228.9M | $23.3M | ||
| Q3 24 | $83.6M | $148.1M | ||
| Q2 24 | $79.6M | $77.9M |
毛利率BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 19.2% | ||
| Q3 25 | 59.3% | 23.6% | ||
| Q2 25 | 59.2% | 18.9% | ||
| Q1 25 | 59.2% | -2.7% | ||
| Q4 24 | 59.7% | 17.4% | ||
| Q3 24 | 59.5% | 24.7% | ||
| Q2 24 | 59.8% | 21.8% |
营业利润率BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | 17.9% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | -23.4% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 14.5% |
净利率BXPKNF
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 4.2% | ||
| Q3 25 | -14.0% | 11.9% | ||
| Q2 25 | 10.2% | 6.1% | ||
| Q1 25 | 7.1% | -19.4% | ||
| Q4 24 | -26.7% | 3.5% | ||
| Q3 24 | 9.7% | 13.4% | ||
| Q2 24 | 9.4% | 9.7% |
每股收益（稀释后）BXPKNF
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.56 | ||
| Q3 25 | $-0.77 | $2.52 | ||
| Q2 25 | $0.56 | $0.89 | ||
| Q1 25 | $0.39 | $-1.21 | ||
| Q4 24 | $-1.46 | $0.42 | ||
| Q3 24 | $0.53 | $2.60 | ||
| Q2 24 | $0.51 | $1.37 |
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 | $73.8M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $7.7B | $1.6B |
| 总资产 | $25.1B | $3.7B |
| 负债/权益比越低杠杆越低 | — | 0.71× |
8季度趋势，按日历期对齐
现金及短期投资BXPKNF
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $73.8M | ||
| Q3 25 | $861.1M | $30.7M | ||
| Q2 25 | $447.0M | $26.6M | ||
| Q1 25 | $398.1M | $86.1M | ||
| Q4 24 | $1.3B | $236.8M | ||
| Q3 24 | $1.4B | $220.4M | ||
| Q2 24 | $685.4M | $15.5M |
总债务BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $677.4M | ||
| Q3 24 | — | $678.5M | ||
| Q2 24 | — | $679.5M |
股东权益BXPKNF
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.6B | ||
| Q3 25 | $5.0B | $1.6B | ||
| Q2 25 | $5.3B | $1.5B | ||
| Q1 25 | $5.3B | $1.4B | ||
| Q4 24 | $5.4B | $1.5B | ||
| Q3 24 | $5.8B | $1.4B | ||
| Q2 24 | $5.8B | $1.3B |
总资产BXPKNF
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.7B | ||
| Q3 25 | $26.0B | $3.7B | ||
| Q2 25 | $25.6B | $3.6B | ||
| Q1 25 | $25.4B | $3.3B | ||
| Q4 24 | $26.1B | $2.9B | ||
| Q3 24 | $26.4B | $2.9B | ||
| Q2 24 | $25.5B | $2.7B |
负债/权益比BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | — | 0.71× | ||
| Q3 25 | — | 0.74× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.52× |
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 | — | $195.9M |
| 自由现金流经营现金流 - 资本支出 | — | $138.2M |
| 自由现金流率自由现金流/营收 | — | 18.3% |
| 资本支出强度资本支出/营收 | 1.5% | 7.6% |
| 现金转化率经营现金流/净利润 | — | 6.12× |
| 过去12个月自由现金流最近4个季度 | — | $-69.6M |
8季度趋势，按日历期对齐
经营现金流BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $195.9M | ||
| Q3 25 | $274.2M | $250.4M | ||
| Q2 25 | $353.1M | $-42.6M | ||
| Q1 25 | $210.0M | $-125.3M | ||
| Q4 24 | $383.7M | $172.4M | ||
| Q3 24 | $286.1M | $239.7M | ||
| Q2 24 | $367.1M | $-46.6M |
自由现金流BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $138.2M | ||
| Q3 25 | $231.6M | $188.7M | ||
| Q2 25 | $281.5M | $-196.2M | ||
| Q1 25 | $152.6M | $-200.2M | ||
| Q4 24 | $312.5M | $127.2M | ||
| Q3 24 | $234.5M | $216.1M | ||
| Q2 24 | $332.4M | $-106.5M |
自由现金流率BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 18.3% | ||
| Q3 25 | 26.6% | 15.7% | ||
| Q2 25 | 32.4% | -23.5% | ||
| Q1 25 | 17.6% | -56.6% | ||
| Q4 24 | 36.4% | 19.3% | ||
| Q3 24 | 27.3% | 19.6% | ||
| Q2 24 | 39.1% | -13.2% |
资本支出强度BXPKNF
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 7.6% | ||
| Q3 25 | 4.9% | 5.1% | ||
| Q2 25 | 8.2% | 18.4% | ||
| Q1 25 | 6.6% | 21.2% | ||
| Q4 24 | 8.3% | 6.9% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | 4.1% | 7.4% |
现金转化率BXPKNF
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 6.12× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | 3.97× | -0.84× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 7.41× | ||
| Q3 24 | 3.42× | 1.62× | ||
| Q2 24 | 4.61× | -0.60× |
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% |
KNF
| Services | $347.2M | 46% |
| Ready Mix Concrete | $88.4M | 12% |
| Contracting Services Public Sector | $80.2M | 11% |
| Aggregates | $73.9M | 10% |
| Energy Services Segment | $56.2M | 7% |
| Liquid Asphalt | $49.1M | 7% |
| Other | $43.2M | 6% |
| Asphalt | $22.7M | 3% |
