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BXP, Inc.（BXP）与NEXSTAR MEDIA GROUP, INC.（NXST）财务数据对比。点击上方公司名可切换其他公司
NEXSTAR MEDIA GROUP, INC.的季度营收约是BXP, Inc.的1.5倍（$1.3B vs $872.1M），BXP, Inc.净利率更高（15.3% vs -12.9%，领先28.1%），BXP, Inc.同比增速更快（0.8% vs -13.4%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs 0.2%）
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。
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
BXP vs NXST — 直观对比
营收规模更大
NXST
是对方的1.5倍
$872.1M
营收增速更快
BXP
高出14.2%
-13.4%
净利率更高
BXP
高出28.1%
-12.9%
两年增速更快
BXP
近两年复合增速
0.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.3B |
| 净利润 | $133.0M | $-166.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 18.7% |
| 净利率 | 15.3% | -12.9% |
| 营收同比 | 0.8% | -13.4% |
| 净利润同比 | 53.0% | -168.6% |
| 每股收益（稀释后） | $1.69 | $-5.57 |
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BXPNXST
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.2B | ||
| Q2 25 | $868.5M | $1.2B | ||
| Q1 25 | $865.2M | $1.2B | ||
| Q4 24 | $858.6M | $1.5B | ||
| Q3 24 | $859.2M | $1.4B | ||
| Q2 24 | $850.5M | $1.3B |
净利润BXPNXST
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-166.0M | ||
| Q3 25 | $-121.7M | $70.0M | ||
| Q2 25 | $89.0M | $97.0M | ||
| Q1 25 | $61.2M | $108.0M | ||
| Q4 24 | $-228.9M | $242.0M | ||
| Q3 24 | $83.6M | $187.0M | ||
| Q2 24 | $79.6M | $118.0M |
毛利率BXPNXST
| 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BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | — | 18.7% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 17.8% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 18.9% |
净利率BXPNXST
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -12.9% | ||
| Q3 25 | -14.0% | 5.8% | ||
| Q2 25 | 10.2% | 7.9% | ||
| Q1 25 | 7.1% | 8.8% | ||
| Q4 24 | -26.7% | 16.3% | ||
| Q3 24 | 9.7% | 13.7% | ||
| Q2 24 | 9.4% | 9.3% |
每股收益（稀释后）BXPNXST
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-5.57 | ||
| Q3 25 | $-0.77 | $2.14 | ||
| Q2 25 | $0.56 | $3.06 | ||
| Q1 25 | $0.39 | $3.37 | ||
| Q4 24 | $-1.46 | $7.44 | ||
| Q3 24 | $0.53 | $5.27 | ||
| Q2 24 | $0.51 | $3.54 |
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 | $280.0M |
| 总债务越低越好 | — | $6.3B |
| 股东权益账面价值 | $7.7B | $2.1B |
| 总资产 | $25.1B | $10.8B |
| 负债/权益比越低杠杆越低 | — | 3.07× |
8季度趋势，按日历期对齐
现金及短期投资BXPNXST
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $280.0M | ||
| Q3 25 | $861.1M | $236.0M | ||
| Q2 25 | $447.0M | $234.0M | ||
| Q1 25 | $398.1M | $253.0M | ||
| Q4 24 | $1.3B | $144.0M | ||
| Q3 24 | $1.4B | $181.0M | ||
| Q2 24 | $685.4M | $146.0M |
总债务BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $6.8B |
股东权益BXPNXST
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.1B | ||
| Q3 25 | $5.0B | $2.3B | ||
| Q2 25 | $5.3B | $2.3B | ||
| Q1 25 | $5.3B | $2.2B | ||
| Q4 24 | $5.4B | $2.3B | ||
| Q3 24 | $5.8B | $2.2B | ||
| Q2 24 | $5.8B | $2.3B |
总资产BXPNXST
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $10.8B | ||
| Q3 25 | $26.0B | $11.2B | ||
| Q2 25 | $25.6B | $11.3B | ||
| Q1 25 | $25.4B | $11.4B | ||
| Q4 24 | $26.1B | $11.5B | ||
| Q3 24 | $26.4B | $11.7B | ||
| Q2 24 | $25.5B | $11.8B |
负债/权益比BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | — | 3.07× | ||
| Q3 25 | — | 2.78× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 2.89× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | — | 3.02× | ||
| Q2 24 | — | 2.99× |
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 | — | $190.0M |
| 自由现金流经营现金流 - 资本支出 | — | $136.0M |
| 自由现金流率自由现金流/营收 | — | 10.6% |
| 资本支出强度资本支出/营收 | 1.5% | 4.2% |
| 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 | — | $743.0M |
8季度趋势，按日历期对齐
经营现金流BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $190.0M | ||
| Q3 25 | $274.2M | $117.0M | ||
| Q2 25 | $353.1M | $247.0M | ||
| Q1 25 | $210.0M | $337.0M | ||
| Q4 24 | $383.7M | $411.0M | ||
| Q3 24 | $286.1M | $387.0M | ||
| Q2 24 | $367.1M | $176.0M |
自由现金流BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $136.0M | ||
| Q3 25 | $231.6M | $87.0M | ||
| Q2 25 | $281.5M | $218.0M | ||
| Q1 25 | $152.6M | $302.0M | ||
| Q4 24 | $312.5M | $376.0M | ||
| Q3 24 | $234.5M | $358.0M | ||
| Q2 24 | $332.4M | $139.0M |
自由现金流率BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 10.6% | ||
| Q3 25 | 26.6% | 7.3% | ||
| Q2 25 | 32.4% | 17.7% | ||
| Q1 25 | 17.6% | 24.5% | ||
| Q4 24 | 36.4% | 25.3% | ||
| Q3 24 | 27.3% | 26.2% | ||
| Q2 24 | 39.1% | 11.0% |
资本支出强度BXPNXST
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 4.2% | ||
| Q3 25 | 4.9% | 2.5% | ||
| Q2 25 | 8.2% | 2.4% | ||
| Q1 25 | 6.6% | 2.8% | ||
| Q4 24 | 8.3% | 2.4% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | 4.1% | 2.9% |
现金转化率BXPNXST
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 1.67× | ||
| Q2 25 | 3.97× | 2.55× | ||
| Q1 25 | 3.43× | 3.12× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | 3.42× | 2.07× | ||
| Q2 24 | 4.61× | 1.49× |
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% |
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
