vs
BXP, Inc.（BXP）与ENVIRI Corp（NVRI）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ENVIRI Corp的1.6倍（$872.1M vs $555.0M），BXP, Inc.净利率更高（15.3% vs -15.2%，领先30.4%），BXP, Inc.同比增速更快（0.8% 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。
Enviri集团是总部位于美国宾夕法尼亚州费城的环保企业，业务覆盖全球30多个国家，员工总数约1.2万人。公司专注为钢铁、铁路、能源等大型工业领域客户解决复杂的环保相关问题，提供针对性的环境治理解决方案。
BXP vs NVRI — 直观对比
营收规模更大
BXP
是对方的1.6倍
$555.0M
营收增速更快
BXP
高出1.6%
-0.8%
净利率更高
BXP
高出30.4%
-15.2%
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 | $555.0M |
| 净利润 | $133.0M | $-84.3M |
| 毛利率 | — | — |
| 营业利润率 | — | -6.4% |
| 净利率 | 15.3% | -15.2% |
| 营收同比 | 0.8% | -0.8% |
| 净利润同比 | 53.0% | 0.7% |
| 每股收益（稀释后） | $1.69 | $-1.04 |
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BXPNVRI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $555.0M | ||
| Q3 25 | $871.5M | $574.8M | ||
| Q2 25 | $868.5M | $562.3M | ||
| Q1 25 | $865.2M | $548.3M | ||
| Q4 24 | $858.6M | $559.2M | ||
| Q3 24 | $859.2M | $573.6M | ||
| Q2 24 | $850.5M | $610.0M |
净利润BXPNVRI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-84.3M | ||
| Q3 25 | $-121.7M | $-22.3M | ||
| Q2 25 | $89.0M | $-47.6M | ||
| Q1 25 | $61.2M | $-13.4M | ||
| Q4 24 | $-228.9M | $-84.9M | ||
| Q3 24 | $83.6M | $-13.2M | ||
| Q2 24 | $79.6M | $-13.6M |
毛利率BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | -11.4% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 5.1% |
净利率BXPNVRI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -15.2% | ||
| Q3 25 | -14.0% | -3.9% | ||
| Q2 25 | 10.2% | -8.5% | ||
| Q1 25 | 7.1% | -2.4% | ||
| Q4 24 | -26.7% | -15.2% | ||
| Q3 24 | 9.7% | -2.3% | ||
| Q2 24 | 9.4% | -2.2% |
每股收益（稀释后）BXPNVRI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-1.04 | ||
| Q3 25 | $-0.77 | $-0.28 | ||
| Q2 25 | $0.56 | $-0.59 | ||
| Q1 25 | $0.39 | $-0.17 | ||
| Q4 24 | $-1.46 | $-1.07 | ||
| Q3 24 | $0.53 | $-0.16 | ||
| Q2 24 | $0.51 | $-0.17 |
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 | $103.7M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $7.7B | $255.1M |
| 总资产 | $25.1B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 6.10× |
8季度趋势，按日历期对齐
现金及短期投资BXPNVRI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $103.7M | ||
| Q3 25 | $861.1M | $115.4M | ||
| Q2 25 | $447.0M | $97.8M | ||
| Q1 25 | $398.1M | $102.5M | ||
| Q4 24 | $1.3B | $88.4M | ||
| Q3 24 | $1.4B | $110.2M | ||
| Q2 24 | $685.4M | $104.0M |
总债务BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BXPNVRI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $255.1M | ||
| Q3 25 | $5.0B | $361.1M | ||
| Q2 25 | $5.3B | $376.3M | ||
| Q1 25 | $5.3B | $409.0M | ||
| Q4 24 | $5.4B | $391.5M | ||
| Q3 24 | $5.8B | $484.0M | ||
| Q2 24 | $5.8B | $485.7M |
总资产BXPNVRI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.7B | ||
| Q3 25 | $26.0B | $2.8B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | $2.7B | ||
| Q4 24 | $26.1B | $2.6B | ||
| Q3 24 | $26.4B | $2.8B | ||
| Q2 24 | $25.5B | $2.8B |
负债/权益比BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | — | 6.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $38.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-10.5M |
| 自由现金流率自由现金流/营收 | — | -1.9% |
| 资本支出强度资本支出/营收 | 1.5% | 8.8% |
| 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 | — | $-39.9M |
8季度趋势，按日历期对齐
经营现金流BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $38.4M | ||
| Q3 25 | $274.2M | $34.4M | ||
| Q2 25 | $353.1M | $22.0M | ||
| Q1 25 | $210.0M | $6.6M | ||
| Q4 24 | $383.7M | $36.3M | ||
| Q3 24 | $286.1M | $1.4M | ||
| Q2 24 | $367.1M | $39.0M |
自由现金流BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-10.5M | ||
| Q3 25 | $231.6M | $2.7M | ||
| Q2 25 | $281.5M | $-17.1M | ||
| Q1 25 | $152.6M | $-15.0M | ||
| Q4 24 | $312.5M | $1.8M | ||
| Q3 24 | $234.5M | $-40.2M | ||
| Q2 24 | $332.4M | $5.4M |
自由现金流率BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -1.9% | ||
| Q3 25 | 26.6% | 0.5% | ||
| Q2 25 | 32.4% | -3.0% | ||
| Q1 25 | 17.6% | -2.7% | ||
| Q4 24 | 36.4% | 0.3% | ||
| Q3 24 | 27.3% | -7.0% | ||
| Q2 24 | 39.1% | 0.9% |
资本支出强度BXPNVRI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 8.8% | ||
| Q3 25 | 4.9% | 5.5% | ||
| Q2 25 | 8.2% | 6.9% | ||
| Q1 25 | 6.6% | 3.9% | ||
| Q4 24 | 8.3% | 6.2% | ||
| Q3 24 | 6.0% | 7.2% | ||
| Q2 24 | 4.1% | 5.5% |
现金转化率BXPNVRI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| 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% |
NVRI
| Products And Services Service Revenue | $500.2M | 90% |
| After Market Parts And Services Safety And Diagnostic Technology | $23.0M | 4% |
| Railway Track Maintenance Equipment | $16.6M | 3% |
| Railway Contracting Services | $15.9M | 3% |
| Aluminum Dross And Scrap Processing Systems | $3.1M | 1% |
