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BXP, Inc.（BXP）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是摩丁制造的1.1倍（$872.1M vs $805.0M），BXP, Inc.净利率更高（15.3% vs -5.9%，领先21.1%），摩丁制造同比增速更快（30.5% vs 0.8%），过去两年摩丁制造的营收复合增速更高（15.5% 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。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
BXP vs MOD — 直观对比
营收规模更大
BXP
是对方的1.1倍
$805.0M
营收增速更快
MOD
高出29.7%
0.8%
净利率更高
BXP
高出21.1%
-5.9%
两年增速更快
MOD
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $805.0M |
| 净利润 | $133.0M | $-47.4M |
| 毛利率 | — | 23.1% |
| 营业利润率 | — | 11.1% |
| 净利率 | 15.3% | -5.9% |
| 营收同比 | 0.8% | 30.5% |
| 净利润同比 | 53.0% | -215.6% |
| 每股收益（稀释后） | $1.69 | $-0.90 |
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BXPMOD
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $805.0M | ||
| Q3 25 | $871.5M | $738.9M | ||
| Q2 25 | $868.5M | $682.8M | ||
| Q1 25 | $865.2M | $647.2M | ||
| Q4 24 | $858.6M | $616.8M | ||
| Q3 24 | $859.2M | $658.0M | ||
| Q2 24 | $850.5M | $661.5M |
净利润BXPMOD
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-47.4M | ||
| Q3 25 | $-121.7M | $44.4M | ||
| Q2 25 | $89.0M | $51.2M | ||
| Q1 25 | $61.2M | $49.6M | ||
| Q4 24 | $-228.9M | $41.0M | ||
| Q3 24 | $83.6M | $46.1M | ||
| Q2 24 | $79.6M | $47.3M |
毛利率BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 23.1% | ||
| Q3 25 | 59.3% | 22.3% | ||
| Q2 25 | 59.2% | 24.2% | ||
| Q1 25 | 59.2% | 25.6% | ||
| Q4 24 | 59.7% | 24.3% | ||
| Q3 24 | 59.5% | 25.2% | ||
| Q2 24 | 59.8% | 24.6% |
营业利润率BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | — | 11.1% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 11.5% | ||
| Q4 24 | — | 9.6% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 11.2% |
净利率BXPMOD
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -5.9% | ||
| Q3 25 | -14.0% | 6.0% | ||
| Q2 25 | 10.2% | 7.5% | ||
| Q1 25 | 7.1% | 7.7% | ||
| Q4 24 | -26.7% | 6.6% | ||
| Q3 24 | 9.7% | 7.0% | ||
| Q2 24 | 9.4% | 7.2% |
每股收益（稀释后）BXPMOD
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.90 | ||
| Q3 25 | $-0.77 | $0.83 | ||
| Q2 25 | $0.56 | $0.95 | ||
| Q1 25 | $0.39 | $0.92 | ||
| Q4 24 | $-1.46 | $0.76 | ||
| Q3 24 | $0.53 | $0.86 | ||
| Q2 24 | $0.51 | $0.88 |
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 | $98.7M |
| 总债务越低越好 | — | $570.7M |
| 股东权益账面价值 | $7.7B | $1.1B |
| 总资产 | $25.1B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资BXPMOD
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $98.7M | ||
| Q3 25 | $861.1M | $83.8M | ||
| Q2 25 | $447.0M | $124.5M | ||
| Q1 25 | $398.1M | $71.6M | ||
| Q4 24 | $1.3B | $83.8M | ||
| Q3 24 | $1.4B | $78.6M | ||
| Q2 24 | $685.4M | $72.9M |
总债务BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $525.8M | ||
| Q2 25 | — | $482.1M | ||
| Q1 25 | — | $296.7M | ||
| Q4 24 | — | $330.0M | ||
| Q3 24 | — | $359.1M | ||
| Q2 24 | — | $405.7M |
股东权益BXPMOD
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.1B | ||
| Q3 25 | $5.0B | $1.1B | ||
| Q2 25 | $5.3B | $1.0B | ||
| Q1 25 | $5.3B | $910.2M | ||
| Q4 24 | $5.4B | $855.1M | ||
| Q3 24 | $5.8B | $858.8M | ||
| Q2 24 | $5.8B | $788.4M |
总资产BXPMOD
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.5B | ||
| Q3 25 | $26.0B | $2.4B | ||
| Q2 25 | $25.6B | $2.2B | ||
| Q1 25 | $25.4B | $1.9B | ||
| Q4 24 | $26.1B | $1.8B | ||
| Q3 24 | $26.4B | $1.9B | ||
| Q2 24 | $25.5B | $1.9B |
负债/权益比BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.51× |
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 | — | $24.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-17.1M |
| 自由现金流率自由现金流/营收 | — | -2.1% |
| 资本支出强度资本支出/营收 | 1.5% | 5.2% |
| 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 | — | $-20.3M |
8季度趋势，按日历期对齐
经营现金流BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $24.7M | ||
| Q3 25 | $274.2M | $1.4M | ||
| Q2 25 | $353.1M | $27.7M | ||
| Q1 25 | $210.0M | $54.8M | ||
| Q4 24 | $383.7M | $60.7M | ||
| Q3 24 | $286.1M | $57.3M | ||
| Q2 24 | $367.1M | $40.5M |
自由现金流BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-17.1M | ||
| Q3 25 | $231.6M | $-30.5M | ||
| Q2 25 | $281.5M | $200.0K | ||
| Q1 25 | $152.6M | $27.1M | ||
| Q4 24 | $312.5M | $44.7M | ||
| Q3 24 | $234.5M | $43.8M | ||
| Q2 24 | $332.4M | $13.7M |
自由现金流率BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -2.1% | ||
| Q3 25 | 26.6% | -4.1% | ||
| Q2 25 | 32.4% | 0.0% | ||
| Q1 25 | 17.6% | 4.2% | ||
| Q4 24 | 36.4% | 7.2% | ||
| Q3 24 | 27.3% | 6.7% | ||
| Q2 24 | 39.1% | 2.1% |
资本支出强度BXPMOD
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 5.2% | ||
| Q3 25 | 4.9% | 4.3% | ||
| Q2 25 | 8.2% | 4.0% | ||
| Q1 25 | 6.6% | 4.3% | ||
| Q4 24 | 8.3% | 2.6% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | 4.1% | 4.1% |
现金转化率BXPMOD
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | 3.97× | 0.54× | ||
| Q1 25 | 3.43× | 1.10× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 3.42× | 1.24× | ||
| Q2 24 | 4.61× | 0.86× |
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% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
