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BXP, Inc.（BXP）与LAMAR ADVERTISING CO（LAMR）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LAMAR ADVERTISING CO的1.7倍（$872.1M vs $528.0M），LAMAR ADVERTISING CO净利率更高（19.3% vs 15.3%，领先4.0%），LAMAR ADVERTISING CO同比增速更快（4.5% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -3.4%）
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。
拉马尔广告是一家知名户外广告服务商，1902年由查尔斯·W·拉马尔与J.M.科伊创立，总部位于美国路易斯安那州巴吞鲁日。公司业务覆盖美国与加拿大，在两地设有超200个运营网点，旗下在美国境内拥有超过36.3万个广告展示位，涵盖广告牌、标识标牌、公共交通展示载体等品类，2014年转型为房地产投资信托。
BXP vs LAMR — 直观对比
营收规模更大
BXP
是对方的1.7倍
$528.0M
营收增速更快
LAMR
高出3.7%
0.8%
净利率更高
LAMR
高出4.0%
15.3%
两年增速更快
BXP
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $528.0M |
| 净利润 | $133.0M | $101.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 27.7% |
| 净利率 | 15.3% | 19.3% |
| 营收同比 | 0.8% | 4.5% |
| 净利润同比 | 53.0% | -26.9% |
| 每股收益（稀释后） | $1.69 | $1.00 |
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BXPLAMR
| Q1 26 | $872.1M | $528.0M | ||
| Q4 25 | $877.1M | $595.9M | ||
| Q3 25 | $871.5M | $585.5M | ||
| Q2 25 | $868.5M | $579.3M | ||
| Q1 25 | $865.2M | $505.4M | ||
| Q4 24 | $858.6M | $579.6M | ||
| Q3 24 | $859.2M | $564.1M | ||
| Q2 24 | $850.5M | $565.3M |
净利润BXPLAMR
| Q1 26 | $133.0M | $101.8M | ||
| Q4 25 | $248.4M | $152.3M | ||
| Q3 25 | $-121.7M | $141.8M | ||
| Q2 25 | $89.0M | $154.4M | ||
| Q1 25 | $61.2M | $138.8M | ||
| Q4 24 | $-228.9M | $-1.2M | ||
| Q3 24 | $83.6M | $147.5M | ||
| Q2 24 | $79.6M | $137.4M |
毛利率BXPLAMR
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 67.7% | ||
| Q3 25 | 59.3% | 67.9% | ||
| Q2 25 | 59.2% | 67.8% | ||
| Q1 25 | 59.2% | 64.4% | ||
| Q4 24 | 59.7% | 67.8% | ||
| Q3 24 | 59.5% | 67.6% | ||
| Q2 24 | 59.8% | 67.6% |
营业利润率BXPLAMR
| Q1 26 | — | 27.7% | ||
| Q4 25 | — | 32.9% | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 34.1% | ||
| Q1 25 | — | 37.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 33.1% | ||
| Q2 24 | — | 32.6% |
净利率BXPLAMR
| Q1 26 | 15.3% | 19.3% | ||
| Q4 25 | 28.3% | 25.6% | ||
| Q3 25 | -14.0% | 24.2% | ||
| Q2 25 | 10.2% | 26.6% | ||
| Q1 25 | 7.1% | 27.5% | ||
| Q4 24 | -26.7% | -0.2% | ||
| Q3 24 | 9.7% | 26.1% | ||
| Q2 24 | 9.4% | 24.3% |
每股收益（稀释后）BXPLAMR
| Q1 26 | $1.69 | $1.00 | ||
| Q4 25 | $1.56 | $1.50 | ||
| Q3 25 | $-0.77 | $1.40 | ||
| Q2 25 | $0.56 | $1.52 | ||
| Q1 25 | $0.39 | $1.35 | ||
| Q4 24 | $-1.46 | $-0.02 | ||
| Q3 24 | $0.53 | $1.44 | ||
| Q2 24 | $0.51 | $1.34 |
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 | $39.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $981.7M |
| 总资产 | $25.1B | $6.9B |
| 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BXPLAMR
| Q1 26 | $512.8M | $39.3M | ||
| Q4 25 | $1.5B | $64.8M | ||
| Q3 25 | $861.1M | $22.0M | ||
| Q2 25 | $447.0M | $55.7M | ||
| Q1 25 | $398.1M | $36.1M | ||
| Q4 24 | $1.3B | $49.5M | ||
| Q3 24 | $1.4B | $29.5M | ||
| Q2 24 | $685.4M | $77.9M |
股东权益BXPLAMR
| Q1 26 | $7.7B | $981.7M | ||
| Q4 25 | $5.1B | $1.0B | ||
| Q3 25 | $5.0B | $1.0B | ||
| Q2 25 | $5.3B | $906.9M | ||
| Q1 25 | $5.3B | $1.0B | ||
| Q4 24 | $5.4B | $1.0B | ||
| Q3 24 | $5.8B | $1.2B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPLAMR
| Q1 26 | $25.1B | $6.9B | ||
| Q4 25 | $26.2B | $6.9B | ||
| Q3 25 | $26.0B | $6.8B | ||
| Q2 25 | $25.6B | $6.7B | ||
| Q1 25 | $25.4B | $6.5B | ||
| Q4 24 | $26.1B | $6.6B | ||
| Q3 24 | $26.4B | $6.5B | ||
| Q2 24 | $25.5B | $6.6B |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $152.3M |
| 自由现金流率自由现金流/营收 | — | 28.9% |
| 资本支出强度资本支出/营收 | 1.5% | 6.3% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流BXPLAMR
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $271.2M | ||
| Q3 25 | $274.2M | $235.7M | ||
| Q2 25 | $353.1M | $229.5M | ||
| Q1 25 | $210.0M | $127.7M | ||
| Q4 24 | $383.7M | $279.3M | ||
| Q3 24 | $286.1M | $227.4M | ||
| Q2 24 | $367.1M | $256.3M |
自由现金流BXPLAMR
| Q1 26 | — | $152.3M | ||
| Q4 25 | $362.7M | $208.3M | ||
| Q3 25 | $231.6M | $185.8M | ||
| Q2 25 | $281.5M | $191.3M | ||
| Q1 25 | $152.6M | $97.9M | ||
| Q4 24 | $312.5M | $236.3M | ||
| Q3 24 | $234.5M | $197.3M | ||
| Q2 24 | $332.4M | $233.7M |
自由现金流率BXPLAMR
| Q1 26 | — | 28.9% | ||
| Q4 25 | 41.4% | 35.0% | ||
| Q3 25 | 26.6% | 31.7% | ||
| Q2 25 | 32.4% | 33.0% | ||
| Q1 25 | 17.6% | 19.4% | ||
| Q4 24 | 36.4% | 40.8% | ||
| Q3 24 | 27.3% | 35.0% | ||
| Q2 24 | 39.1% | 41.3% |
资本支出强度BXPLAMR
| Q1 26 | 1.5% | 6.3% | ||
| Q4 25 | 5.1% | 10.5% | ||
| Q3 25 | 4.9% | 8.5% | ||
| Q2 25 | 8.2% | 6.6% | ||
| Q1 25 | 6.6% | 5.9% | ||
| Q4 24 | 8.3% | 7.4% | ||
| Q3 24 | 6.0% | 5.3% | ||
| Q2 24 | 4.1% | 4.0% |
现金转化率BXPLAMR
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.78× | ||
| Q3 25 | — | 1.66× | ||
| Q2 25 | 3.97× | 1.49× | ||
| Q1 25 | 3.43× | 0.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 1.54× | ||
| Q2 24 | 4.61× | 1.87× |
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% |
LAMR
暂无分部数据
