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BXP, Inc.（BXP）与PHINIA INC.（PHIN）财务数据对比。点击上方公司名可切换其他公司
PHINIA INC.的季度营收约是BXP, Inc.的1.0倍（$889.0M vs $872.1M），PHINIA INC.同比增速更快（6.7% vs 0.8%），过去两年PHINIA INC.的营收复合增速更高（1.5% 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。
PHINIA INC.是一家全球汽车技术供应商，主打燃油喷射系统、起动机、发电机及混动、电动汽车零部件，服务全球各主要市场的整车生产商和售后客户，覆盖乘用车、商用车及工业出行领域。
BXP vs PHIN — 直观对比
营收规模更大
PHIN
是对方的1.0倍
$872.1M
营收增速更快
PHIN
高出5.9%
0.8%
两年增速更快
PHIN
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $889.0M |
| 净利润 | $133.0M | — |
| 毛利率 | — | 21.7% |
| 营业利润率 | — | 7.8% |
| 净利率 | 15.3% | — |
| 营收同比 | 0.8% | 6.7% |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $1.14 |
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BXPPHIN
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $889.0M | ||
| Q3 25 | $871.5M | $908.0M | ||
| Q2 25 | $868.5M | $890.0M | ||
| Q1 25 | $865.2M | $796.0M | ||
| Q4 24 | $858.6M | $833.0M | ||
| Q3 24 | $859.2M | $839.0M | ||
| Q2 24 | $850.5M | $868.0M |
净利润BXPPHIN
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | — | ||
| Q3 25 | $-121.7M | $13.0M | ||
| Q2 25 | $89.0M | $46.0M | ||
| Q1 25 | $61.2M | $26.0M | ||
| Q4 24 | $-228.9M | — | ||
| Q3 24 | $83.6M | $31.0M | ||
| Q2 24 | $79.6M | $14.0M |
毛利率BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 21.7% | ||
| Q3 25 | 59.3% | 22.0% | ||
| Q2 25 | 59.2% | 22.1% | ||
| Q1 25 | 59.2% | 21.6% | ||
| Q4 24 | 59.7% | 22.7% | ||
| Q3 24 | 59.5% | 22.3% | ||
| Q2 24 | 59.8% | 21.7% |
营业利润率BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | — | 7.8% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 8.2% |
净利率BXPPHIN
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | -14.0% | 1.4% | ||
| Q2 25 | 10.2% | 5.2% | ||
| Q1 25 | 7.1% | 3.3% | ||
| Q4 24 | -26.7% | — | ||
| Q3 24 | 9.7% | 3.7% | ||
| Q2 24 | 9.4% | 1.6% |
每股收益（稀释后）BXPPHIN
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.14 | ||
| Q3 25 | $-0.77 | $0.33 | ||
| Q2 25 | $0.56 | $1.14 | ||
| Q1 25 | $0.39 | $0.63 | ||
| Q4 24 | $-1.46 | $0.13 | ||
| Q3 24 | $0.53 | $0.70 | ||
| Q2 24 | $0.51 | $0.31 |
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 | $359.0M |
| 总债务越低越好 | — | $970.0M |
| 股东权益账面价值 | $7.7B | $1.6B |
| 总资产 | $25.1B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资BXPPHIN
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $359.0M | ||
| Q3 25 | $861.1M | $349.0M | ||
| Q2 25 | $447.0M | $347.0M | ||
| Q1 25 | $398.1M | $373.0M | ||
| Q4 24 | $1.3B | $484.0M | ||
| Q3 24 | $1.4B | $477.0M | ||
| Q2 24 | $685.4M | $339.0M |
总债务BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | — | $970.0M | ||
| Q3 25 | — | $990.0M | ||
| Q2 25 | — | $990.0M | ||
| Q1 25 | — | $989.0M | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | $987.0M | ||
| Q2 24 | — | $821.0M |
股东权益BXPPHIN
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.6B | ||
| Q3 25 | $5.0B | $1.6B | ||
| Q2 25 | $5.3B | $1.6B | ||
| Q1 25 | $5.3B | $1.5B | ||
| Q4 24 | $5.4B | $1.6B | ||
| Q3 24 | $5.8B | $1.7B | ||
| Q2 24 | $5.8B | $1.7B |
总资产BXPPHIN
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.8B | ||
| Q3 25 | $26.0B | $4.0B | ||
| Q2 25 | $25.6B | $3.9B | ||
| Q1 25 | $25.4B | $3.7B | ||
| Q4 24 | $26.1B | $3.8B | ||
| Q3 24 | $26.4B | $4.0B | ||
| Q2 24 | $25.5B | $3.9B |
负债/权益比BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× |
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 | — | $96.0M |
| 自由现金流经营现金流 - 资本支出 | — | $67.0M |
| 自由现金流率自由现金流/营收 | — | 7.5% |
| 资本支出强度资本支出/营收 | 1.5% | 3.3% |
| 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 | — | $188.0M |
8季度趋势，按日历期对齐
经营现金流BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $96.0M | ||
| Q3 25 | $274.2M | $119.0M | ||
| Q2 25 | $353.1M | $57.0M | ||
| Q1 25 | $210.0M | $40.0M | ||
| Q4 24 | $383.7M | $73.0M | ||
| Q3 24 | $286.1M | $95.0M | ||
| Q2 24 | $367.1M | $109.0M |
自由现金流BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $67.0M | ||
| Q3 25 | $231.6M | $93.0M | ||
| Q2 25 | $281.5M | $23.0M | ||
| Q1 25 | $152.6M | $5.0M | ||
| Q4 24 | $312.5M | $53.0M | ||
| Q3 24 | $234.5M | $70.0M | ||
| Q2 24 | $332.4M | $92.0M |
自由现金流率BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 7.5% | ||
| Q3 25 | 26.6% | 10.2% | ||
| Q2 25 | 32.4% | 2.6% | ||
| Q1 25 | 17.6% | 0.6% | ||
| Q4 24 | 36.4% | 6.4% | ||
| Q3 24 | 27.3% | 8.3% | ||
| Q2 24 | 39.1% | 10.6% |
资本支出强度BXPPHIN
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 3.3% | ||
| Q3 25 | 4.9% | 2.9% | ||
| Q2 25 | 8.2% | 3.8% | ||
| Q1 25 | 6.6% | 4.4% | ||
| Q4 24 | 8.3% | 2.4% | ||
| Q3 24 | 6.0% | 3.0% | ||
| Q2 24 | 4.1% | 2.0% |
现金转化率BXPPHIN
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 9.15× | ||
| Q2 25 | 3.97× | 1.24× | ||
| Q1 25 | 3.43× | 1.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 3.06× | ||
| Q2 24 | 4.61× | 7.79× |
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% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
