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BXP, Inc.（BXP）与MYR GROUP INC.（MYRG）财务数据对比。点击上方公司名可切换其他公司
MYR GROUP INC.的季度营收约是BXP, Inc.的1.1倍（$973.5M vs $872.1M），BXP, Inc.净利率更高（15.3% vs 3.8%，领先11.5%），MYR GROUP INC.同比增速更快（17.3% vs 0.8%），过去两年MYR GROUP INC.的营收复合增速更高（9.3% 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。
MYR集团是美国知名电气建设服务提供商，业务覆盖输配电线路、变电站、工商业建筑及可再生能源领域的电气施工，旗下拥有12家电气建设子公司，在北美电力基建赛道拥有深厚的技术积累与项目交付能力。
BXP vs MYRG — 直观对比
营收规模更大
MYRG
是对方的1.1倍
$872.1M
营收增速更快
MYRG
高出16.5%
0.8%
净利率更高
BXP
高出11.5%
3.8%
两年增速更快
MYRG
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $973.5M |
| 净利润 | $133.0M | $36.5M |
| 毛利率 | — | 11.4% |
| 营业利润率 | — | 4.8% |
| 净利率 | 15.3% | 3.8% |
| 营收同比 | 0.8% | 17.3% |
| 净利润同比 | 53.0% | 129.1% |
| 每股收益（稀释后） | $1.69 | $2.33 |
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BXPMYRG
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $973.5M | ||
| Q3 25 | $871.5M | $950.4M | ||
| Q2 25 | $868.5M | $900.3M | ||
| Q1 25 | $865.2M | $833.6M | ||
| Q4 24 | $858.6M | $829.8M | ||
| Q3 24 | $859.2M | $888.0M | ||
| Q2 24 | $850.5M | $828.9M |
净利润BXPMYRG
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $36.5M | ||
| Q3 25 | $-121.7M | $32.1M | ||
| Q2 25 | $89.0M | $26.5M | ||
| Q1 25 | $61.2M | $23.3M | ||
| Q4 24 | $-228.9M | $16.0M | ||
| Q3 24 | $83.6M | $10.6M | ||
| Q2 24 | $79.6M | $-15.3M |
毛利率BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 11.4% | ||
| Q3 25 | 59.3% | 11.8% | ||
| Q2 25 | 59.2% | 11.5% | ||
| Q1 25 | 59.2% | 11.6% | ||
| Q4 24 | 59.7% | 10.4% | ||
| Q3 24 | 59.5% | 8.7% | ||
| Q2 24 | 59.8% | 4.9% |
营业利润率BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | -2.5% |
净利率BXPMYRG
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 3.8% | ||
| Q3 25 | -14.0% | 3.4% | ||
| Q2 25 | 10.2% | 2.9% | ||
| Q1 25 | 7.1% | 2.8% | ||
| Q4 24 | -26.7% | 1.9% | ||
| Q3 24 | 9.7% | 1.2% | ||
| Q2 24 | 9.4% | -1.8% |
每股收益（稀释后）BXPMYRG
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $2.33 | ||
| Q3 25 | $-0.77 | $2.05 | ||
| Q2 25 | $0.56 | $1.70 | ||
| Q1 25 | $0.39 | $1.45 | ||
| Q4 24 | $-1.46 | $0.97 | ||
| Q3 24 | $0.53 | $0.65 | ||
| Q2 24 | $0.51 | $-0.91 |
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 | $150.2M |
| 总债务越低越好 | — | $59.0M |
| 股东权益账面价值 | $7.7B | $660.4M |
| 总资产 | $25.1B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资BXPMYRG
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $150.2M | ||
| Q3 25 | $861.1M | $76.2M | ||
| Q2 25 | $447.0M | $23.0M | ||
| Q1 25 | $398.1M | $10.9M | ||
| Q4 24 | $1.3B | $3.5M | ||
| Q3 24 | $1.4B | $7.6M | ||
| Q2 24 | $685.4M | $1.9M |
总债务BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | — | $59.0M | ||
| Q3 25 | — | $72.0M | ||
| Q2 25 | — | $86.1M | ||
| Q1 25 | — | $87.2M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $93.2M | ||
| Q2 24 | — | $45.1M |
股东权益BXPMYRG
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $660.4M | ||
| Q3 25 | $5.0B | $617.6M | ||
| Q2 25 | $5.3B | $583.2M | ||
| Q1 25 | $5.3B | $548.7M | ||
| Q4 24 | $5.4B | $600.4M | ||
| Q3 24 | $5.8B | $588.5M | ||
| Q2 24 | $5.8B | $633.3M |
总资产BXPMYRG
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.6B | ||
| Q3 25 | $26.0B | $1.6B | ||
| Q2 25 | $25.6B | $1.6B | ||
| Q1 25 | $25.4B | $1.5B | ||
| Q4 24 | $26.1B | $1.6B | ||
| Q3 24 | $26.4B | $1.6B | ||
| Q2 24 | $25.5B | $1.6B |
负债/权益比BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.07× |
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 | — | $114.8M |
| 自由现金流经营现金流 - 资本支出 | — | $84.9M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | 1.5% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 3.14× |
| 过去12个月自由现金流最近4个季度 | — | $232.2M |
8季度趋势，按日历期对齐
经营现金流BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $114.8M | ||
| Q3 25 | $274.2M | $95.6M | ||
| Q2 25 | $353.1M | $32.9M | ||
| Q1 25 | $210.0M | $83.3M | ||
| Q4 24 | $383.7M | $21.1M | ||
| Q3 24 | $286.1M | $35.6M | ||
| Q2 24 | $367.1M | $22.7M |
自由现金流BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $84.9M | ||
| Q3 25 | $231.6M | $65.4M | ||
| Q2 25 | $281.5M | $11.6M | ||
| Q1 25 | $152.6M | $70.2M | ||
| Q4 24 | $312.5M | $8.8M | ||
| Q3 24 | $234.5M | $18.0M | ||
| Q2 24 | $332.4M | $2.5M |
自由现金流率BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 8.7% | ||
| Q3 25 | 26.6% | 6.9% | ||
| Q2 25 | 32.4% | 1.3% | ||
| Q1 25 | 17.6% | 8.4% | ||
| Q4 24 | 36.4% | 1.1% | ||
| Q3 24 | 27.3% | 2.0% | ||
| Q2 24 | 39.1% | 0.3% |
资本支出强度BXPMYRG
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.1% | ||
| Q3 25 | 4.9% | 3.2% | ||
| Q2 25 | 8.2% | 2.4% | ||
| Q1 25 | 6.6% | 1.6% | ||
| Q4 24 | 8.3% | 1.5% | ||
| Q3 24 | 6.0% | 2.0% | ||
| Q2 24 | 4.1% | 2.4% |
现金转化率BXPMYRG
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.14× | ||
| Q3 25 | — | 2.98× | ||
| Q2 25 | 3.97× | 1.24× | ||
| Q1 25 | 3.43× | 3.57× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | 3.42× | 3.35× | ||
| 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% |
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
