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BXP, Inc.（BXP）与Mativ Holdings, Inc.（MATV）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Mativ Holdings, Inc.的1.9倍（$872.1M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 15.3%，领先6.5%），Mativ Holdings, Inc.同比增速更快（1.0% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -3.8%）
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。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
BXP vs MATV — 直观对比
营收规模更大
BXP
是对方的1.9倍
$463.1M
营收增速更快
MATV
高出0.2%
0.8%
净利率更高
MATV
高出6.5%
15.3%
两年增速更快
BXP
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $463.1M |
| 净利润 | $133.0M | $100.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | — | 2.2% |
| 净利率 | 15.3% | 21.8% |
| 营收同比 | 0.8% | 1.0% |
| 净利润同比 | 53.0% | 6620.0% |
| 每股收益（稀释后） | $1.69 | $1.87 |
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BXPMATV
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $463.1M | ||
| Q3 25 | $871.5M | $513.7M | ||
| Q2 25 | $868.5M | $525.4M | ||
| Q1 25 | $865.2M | $484.8M | ||
| Q4 24 | $858.6M | $458.6M | ||
| Q3 24 | $859.2M | $498.5M | ||
| Q2 24 | $850.5M | $523.8M |
净利润BXPMATV
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $100.8M | ||
| Q3 25 | $-121.7M | $-3.2M | ||
| Q2 25 | $89.0M | $-9.5M | ||
| Q1 25 | $61.2M | $-425.5M | ||
| Q4 24 | $-228.9M | $1.5M | ||
| Q3 24 | $83.6M | $-20.8M | ||
| Q2 24 | $79.6M | $-1.4M |
毛利率BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 18.8% | ||
| Q3 25 | 59.3% | 19.3% | ||
| Q2 25 | 59.2% | 19.7% | ||
| Q1 25 | 59.2% | 15.0% | ||
| Q4 24 | 59.7% | 16.9% | ||
| Q3 24 | 59.5% | 18.8% | ||
| Q2 24 | 59.8% | 20.8% |
营业利润率BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -88.8% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 2.0% |
净利率BXPMATV
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 21.8% | ||
| Q3 25 | -14.0% | -0.6% | ||
| Q2 25 | 10.2% | -1.8% | ||
| Q1 25 | 7.1% | -87.8% | ||
| Q4 24 | -26.7% | 0.3% | ||
| Q3 24 | 9.7% | -4.2% | ||
| Q2 24 | 9.4% | -0.3% |
每股收益（稀释后）BXPMATV
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.87 | ||
| Q3 25 | $-0.77 | $-0.06 | ||
| Q2 25 | $0.56 | $-0.18 | ||
| Q1 25 | $0.39 | $-7.82 | ||
| Q4 24 | $-1.46 | $0.03 | ||
| Q3 24 | $0.53 | $-0.38 | ||
| Q2 24 | $0.51 | $-0.03 |
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 | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $7.7B | $498.7M |
| 总资产 | $25.1B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资BXPMATV
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $84.2M | ||
| Q3 25 | $861.1M | $97.1M | ||
| Q2 25 | $447.0M | $95.6M | ||
| Q1 25 | $398.1M | $84.0M | ||
| Q4 24 | $1.3B | $94.3M | ||
| Q3 24 | $1.4B | $162.2M | ||
| Q2 24 | $685.4M | $133.4M |
总债务BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
股东权益BXPMATV
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $498.7M | ||
| Q3 25 | $5.0B | $397.4M | ||
| Q2 25 | $5.3B | $416.6M | ||
| Q1 25 | $5.3B | $428.2M | ||
| Q4 24 | $5.4B | $858.5M | ||
| Q3 24 | $5.8B | $882.3M | ||
| Q2 24 | $5.8B | $898.0M |
总资产BXPMATV
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.1B | ||
| Q3 25 | $26.0B | $2.0B | ||
| Q2 25 | $25.6B | $2.1B | ||
| Q1 25 | $25.4B | $2.1B | ||
| Q4 24 | $26.1B | $2.4B | ||
| Q3 24 | $26.4B | $2.6B | ||
| Q2 24 | $25.5B | $2.6B |
负债/权益比BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× |
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 | — | $19.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 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 | — | 0.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.8M |
8季度趋势，按日历期对齐
经营现金流BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $19.3M | ||
| Q3 25 | $274.2M | $72.8M | ||
| Q2 25 | $353.1M | $57.6M | ||
| Q1 25 | $210.0M | $-15.9M | ||
| Q4 24 | $383.7M | $24.1M | ||
| Q3 24 | $286.1M | $37.6M | ||
| Q2 24 | $367.1M | $46.1M |
自由现金流BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $8.0M | ||
| Q3 25 | $231.6M | $66.7M | ||
| Q2 25 | $281.5M | $48.9M | ||
| Q1 25 | $152.6M | $-29.8M | ||
| Q4 24 | $312.5M | $2.0M | ||
| Q3 24 | $234.5M | $25.5M | ||
| Q2 24 | $332.4M | $37.4M |
自由现金流率BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 1.7% | ||
| Q3 25 | 26.6% | 13.0% | ||
| Q2 25 | 32.4% | 9.3% | ||
| Q1 25 | 17.6% | -6.1% | ||
| Q4 24 | 36.4% | 0.4% | ||
| Q3 24 | 27.3% | 5.1% | ||
| Q2 24 | 39.1% | 7.1% |
资本支出强度BXPMATV
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.9% | 1.2% | ||
| Q2 25 | 8.2% | 1.7% | ||
| Q1 25 | 6.6% | 2.9% | ||
| Q4 24 | 8.3% | 4.8% | ||
| Q3 24 | 6.0% | 2.4% | ||
| Q2 24 | 4.1% | 1.7% |
现金转化率BXPMATV
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 16.07× | ||
| 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% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
