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BXP, Inc.（BXP）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是BXP, Inc.的1.6倍（$1.4B vs $872.1M），罗技净利率更高（17.7% vs 15.3%，领先2.4%），罗技同比增速更快（6.1% vs 0.8%），过去两年罗技的营收复合增速更高（18.5% 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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
BXP vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.6倍
$872.1M
营收增速更快
LOGI
高出5.3%
0.8%
净利率更高
LOGI
高出2.4%
15.3%
两年增速更快
LOGI
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.4B |
| 净利润 | $133.0M | $251.0M |
| 毛利率 | — | 43.2% |
| 营业利润率 | — | 20.1% |
| 净利率 | 15.3% | 17.7% |
| 营收同比 | 0.8% | 6.1% |
| 净利润同比 | 53.0% | 25.4% |
| 每股收益（稀释后） | $1.69 | $1.69 |
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BXPLOGI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.4B | ||
| Q3 25 | $871.5M | $1.2B | ||
| Q2 25 | $868.5M | $1.1B | ||
| Q1 25 | $865.2M | $1.0B | ||
| Q4 24 | $858.6M | $1.3B | ||
| Q3 24 | $859.2M | $1.1B | ||
| Q2 24 | $850.5M | $1.1B |
净利润BXPLOGI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $251.0M | ||
| Q3 25 | $-121.7M | $170.7M | ||
| Q2 25 | $89.0M | $146.0M | ||
| Q1 25 | $61.2M | $144.1M | ||
| Q4 24 | $-228.9M | $200.1M | ||
| Q3 24 | $83.6M | $145.5M | ||
| Q2 24 | $79.6M | $141.8M |
毛利率BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 43.2% | ||
| Q3 25 | 59.3% | 43.4% | ||
| Q2 25 | 59.2% | 41.7% | ||
| Q1 25 | 59.2% | 43.1% | ||
| Q4 24 | 59.7% | 42.9% | ||
| Q3 24 | 59.5% | 43.6% | ||
| Q2 24 | 59.8% | 42.8% |
营业利润率BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | — | 14.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | 14.4% | ||
| Q2 24 | — | 14.1% |
净利率BXPLOGI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 17.7% | ||
| Q3 25 | -14.0% | 14.4% | ||
| Q2 25 | 10.2% | 12.7% | ||
| Q1 25 | 7.1% | 14.3% | ||
| Q4 24 | -26.7% | 14.9% | ||
| Q3 24 | 9.7% | 13.0% | ||
| Q2 24 | 9.4% | 13.0% |
每股收益（稀释后）BXPLOGI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.69 | ||
| Q3 25 | $-0.77 | $1.15 | ||
| Q2 25 | $0.56 | $0.98 | ||
| Q1 25 | $0.39 | $0.94 | ||
| Q4 24 | $-1.46 | $1.32 | ||
| Q3 24 | $0.53 | $0.95 | ||
| Q2 24 | $0.51 | $0.92 |
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 | $1.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.3B |
| 总资产 | $25.1B | $4.1B |
| 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BXPLOGI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $861.1M | $1.4B | ||
| Q2 25 | $447.0M | $1.5B | ||
| Q1 25 | $398.1M | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $685.4M | $1.5B |
股东权益BXPLOGI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.3B | ||
| Q3 25 | $5.0B | $2.1B | ||
| Q2 25 | $5.3B | $2.2B | ||
| Q1 25 | $5.3B | $2.1B | ||
| Q4 24 | $5.4B | $2.1B | ||
| Q3 24 | $5.8B | $2.1B | ||
| Q2 24 | $5.8B | $2.2B |
总资产BXPLOGI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.1B | ||
| Q3 25 | $26.0B | $3.7B | ||
| Q2 25 | $25.6B | $3.7B | ||
| Q1 25 | $25.4B | $3.5B | ||
| Q4 24 | $26.1B | $3.7B | ||
| Q3 24 | $26.4B | $3.6B | ||
| Q2 24 | $25.5B | $3.7B |
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 | — | $480.5M |
| 自由现金流经营现金流 - 资本支出 | — | $465.6M |
| 自由现金流率自由现金流/营收 | — | 32.8% |
| 资本支出强度资本支出/营收 | 1.5% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.91× |
| 过去12个月自由现金流最近4个季度 | — | $903.6M |
8季度趋势，按日历期对齐
经营现金流BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $480.5M | ||
| Q3 25 | $274.2M | $228.8M | ||
| Q2 25 | $353.1M | $125.0M | ||
| Q1 25 | $210.0M | $129.7M | ||
| Q4 24 | $383.7M | $370.9M | ||
| Q3 24 | $286.1M | $166.0M | ||
| Q2 24 | $367.1M | $176.0M |
自由现金流BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $465.6M | ||
| Q3 25 | $231.6M | $212.3M | ||
| Q2 25 | $281.5M | $108.8M | ||
| Q1 25 | $152.6M | $116.9M | ||
| Q4 24 | $312.5M | $356.6M | ||
| Q3 24 | $234.5M | $151.5M | ||
| Q2 24 | $332.4M | $161.4M |
自由现金流率BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 32.8% | ||
| Q3 25 | 26.6% | 17.9% | ||
| Q2 25 | 32.4% | 9.5% | ||
| Q1 25 | 17.6% | 11.6% | ||
| Q4 24 | 36.4% | 26.6% | ||
| Q3 24 | 27.3% | 13.6% | ||
| Q2 24 | 39.1% | 14.8% |
资本支出强度BXPLOGI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.0% | ||
| Q3 25 | 4.9% | 1.4% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 1.3% | ||
| Q4 24 | 8.3% | 1.1% | ||
| Q3 24 | 6.0% | 1.3% | ||
| Q2 24 | 4.1% | 1.3% |
现金转化率BXPLOGI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.91× | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 3.97× | 0.86× | ||
| Q1 25 | 3.43× | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | 3.42× | 1.14× | ||
| Q2 24 | 4.61× | 1.24× |
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% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
