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BXP, Inc.（BXP）与MANITOWOC CO INC（MTW）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MANITOWOC CO INC的1.3倍（$872.1M vs $677.1M），BXP, Inc.净利率更高（15.3% vs 1.0%，领先14.2%），MANITOWOC CO INC同比增速更快（13.6% vs 0.8%），过去两年MANITOWOC CO INC的营收复合增速更高（16.9% 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。
马尼托瓦克公司是一家美国工程机械制造企业，创立于1902年，核心产品为起重机械，历史上曾生产商用制冷设备与船舶设备。公司通过全资子公司，围绕Grove、马尼托瓦克、Potain等多个品牌，设计、生产、销售移动式伸缩臂起重机、塔式起重机、履带式起重机等设备，并提供相关售后服务支持。
BXP vs MTW — 直观对比
营收规模更大
BXP
是对方的1.3倍
$677.1M
营收增速更快
MTW
高出12.8%
0.8%
净利率更高
BXP
高出14.2%
1.0%
两年增速更快
MTW
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $677.1M |
| 净利润 | $133.0M | $7.0M |
| 毛利率 | — | 16.7% |
| 营业利润率 | — | 3.0% |
| 净利率 | 15.3% | 1.0% |
| 营收同比 | 0.8% | 13.6% |
| 净利润同比 | 53.0% | -87.7% |
| 每股收益（稀释后） | $1.69 | $0.20 |
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BXPMTW
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $677.1M | ||
| Q3 25 | $871.5M | $553.4M | ||
| Q2 25 | $868.5M | $539.5M | ||
| Q1 25 | $865.2M | $470.9M | ||
| Q4 24 | $858.6M | $596.0M | ||
| Q3 24 | $859.2M | $524.8M | ||
| Q2 24 | $850.5M | $562.1M |
净利润BXPMTW
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $7.0M | ||
| Q3 25 | $-121.7M | $5.0M | ||
| Q2 25 | $89.0M | $1.5M | ||
| Q1 25 | $61.2M | $-6.3M | ||
| Q4 24 | $-228.9M | $56.7M | ||
| Q3 24 | $83.6M | $-7.0M | ||
| Q2 24 | $79.6M | $1.6M |
毛利率BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 16.7% | ||
| Q3 25 | 59.3% | 18.5% | ||
| Q2 25 | 59.2% | 18.4% | ||
| Q1 25 | 59.2% | 19.1% | ||
| Q4 24 | 59.7% | 16.0% | ||
| Q3 24 | 59.5% | 16.7% | ||
| Q2 24 | 59.8% | 17.7% |
营业利润率BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 2.3% |
净利率BXPMTW
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 1.0% | ||
| Q3 25 | -14.0% | 0.9% | ||
| Q2 25 | 10.2% | 0.3% | ||
| Q1 25 | 7.1% | -1.3% | ||
| Q4 24 | -26.7% | 9.5% | ||
| Q3 24 | 9.7% | -1.3% | ||
| Q2 24 | 9.4% | 0.3% |
每股收益（稀释后）BXPMTW
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.20 | ||
| Q3 25 | $-0.77 | $0.14 | ||
| Q2 25 | $0.56 | $0.04 | ||
| Q1 25 | $0.39 | $-0.18 | ||
| Q4 24 | $-1.46 | $1.60 | ||
| Q3 24 | $0.53 | $-0.20 | ||
| Q2 24 | $0.51 | $0.04 |
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 | $77.3M |
| 总债务越低越好 | — | $447.1M |
| 股东权益账面价值 | $7.7B | $695.2M |
| 总资产 | $25.1B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资BXPMTW
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $77.3M | ||
| Q3 25 | $861.1M | $39.7M | ||
| Q2 25 | $447.0M | $32.9M | ||
| Q1 25 | $398.1M | $41.4M | ||
| Q4 24 | $1.3B | $48.0M | ||
| Q3 24 | $1.4B | $22.9M | ||
| Q2 24 | $685.4M | $38.1M |
总债务BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | — | $447.1M | ||
| Q3 25 | — | $479.9M | ||
| Q2 25 | — | $459.8M | ||
| Q1 25 | — | $381.4M | ||
| Q4 24 | — | $377.1M | ||
| Q3 24 | — | $426.7M | ||
| Q2 24 | — | $406.3M |
股东权益BXPMTW
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $695.2M | ||
| Q3 25 | $5.0B | $682.7M | ||
| Q2 25 | $5.3B | $681.3M | ||
| Q1 25 | $5.3B | $651.6M | ||
| Q4 24 | $5.4B | $640.1M | ||
| Q3 24 | $5.8B | $607.6M | ||
| Q2 24 | $5.8B | $592.3M |
总资产BXPMTW
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.8B | ||
| Q3 25 | $26.0B | $1.9B | ||
| Q2 25 | $25.6B | $1.9B | ||
| Q1 25 | $25.4B | $1.8B | ||
| Q4 24 | $26.1B | $1.7B | ||
| Q3 24 | $26.4B | $1.8B | ||
| Q2 24 | $25.5B | $1.7B |
负债/权益比BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | 0.67× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.69× |
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 | — | $91.1M |
| 自由现金流经营现金流 - 资本支出 | — | $78.3M |
| 自由现金流率自由现金流/营收 | — | 11.6% |
| 资本支出强度资本支出/营收 | 1.5% | 1.9% |
| 现金转化率经营现金流/净利润 | — | 13.01× |
| 过去12个月自由现金流最近4个季度 | — | $-15.3M |
8季度趋势，按日历期对齐
经营现金流BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $91.1M | ||
| Q3 25 | $274.2M | $-14.1M | ||
| Q2 25 | $353.1M | $-67.7M | ||
| Q1 25 | $210.0M | $12.9M | ||
| Q4 24 | $383.7M | $112.4M | ||
| Q3 24 | $286.1M | $-43.6M | ||
| Q2 24 | $367.1M | $11.0M |
自由现金流BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $78.3M | ||
| Q3 25 | $231.6M | $-22.0M | ||
| Q2 25 | $281.5M | $-73.7M | ||
| Q1 25 | $152.6M | $2.1M | ||
| Q4 24 | $312.5M | $101.1M | ||
| Q3 24 | $234.5M | $-52.9M | ||
| Q2 24 | $332.4M | $-1.9M |
自由现金流率BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 11.6% | ||
| Q3 25 | 26.6% | -4.0% | ||
| Q2 25 | 32.4% | -13.7% | ||
| Q1 25 | 17.6% | 0.4% | ||
| Q4 24 | 36.4% | 17.0% | ||
| Q3 24 | 27.3% | -10.1% | ||
| Q2 24 | 39.1% | -0.3% |
资本支出强度BXPMTW
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.9% | ||
| Q3 25 | 4.9% | 1.4% | ||
| Q2 25 | 8.2% | 1.1% | ||
| Q1 25 | 6.6% | 2.3% | ||
| Q4 24 | 8.3% | 1.9% | ||
| Q3 24 | 6.0% | 1.8% | ||
| Q2 24 | 4.1% | 2.3% |
现金转化率BXPMTW
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 13.01× | ||
| Q3 25 | — | -2.82× | ||
| Q2 25 | 3.97× | -45.13× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | 6.88× |
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% |
MTW
| US | $344.5M | 51% |
| Europe | $193.8M | 29% |
| Other Countries | $138.8M | 20% |
