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BXP, Inc.（BXP）与滨特尔（PNR）财务数据对比。点击上方公司名可切换其他公司
滨特尔的季度营收约是BXP, Inc.的1.2倍（$1.0B vs $872.1M），滨特尔净利率更高（16.6% vs 15.3%，领先1.4%），滨特尔同比增速更快（2.6% vs 0.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -2.9%）
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。
滨特尔（股票代码PNR）是知名水处理企业，注册地位于爱尔兰，税务居民身份归属英国，美国区总部设于明尼苏达州金谷市。品牌起源于美国，2017年数据显示其65%的营收来自美国和加拿大，2014年集团完成架构重组，注册地由瑞士变更为爱尔兰。
BXP vs PNR — 直观对比
营收规模更大
PNR
是对方的1.2倍
$872.1M
营收增速更快
PNR
高出1.8%
0.8%
净利率更高
PNR
高出1.4%
15.3%
两年增速更快
BXP
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.0B |
| 净利润 | $133.0M | $172.4M |
| 毛利率 | — | 41.8% |
| 营业利润率 | — | 20.3% |
| 净利率 | 15.3% | 16.6% |
| 营收同比 | 0.8% | 2.6% |
| 净利润同比 | 53.0% | 11.3% |
| 每股收益（稀释后） | $1.69 | — |
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BXPPNR
| Q1 26 | $872.1M | $1.0B | ||
| Q4 25 | $877.1M | $1.0B | ||
| Q3 25 | $871.5M | $1.0B | ||
| Q2 25 | $868.5M | $1.1B | ||
| Q1 25 | $865.2M | $1.0B | ||
| Q4 24 | $858.6M | $972.9M | ||
| Q3 24 | $859.2M | $993.4M | ||
| Q2 24 | $850.5M | $1.1B |
净利润BXPPNR
| Q1 26 | $133.0M | $172.4M | ||
| Q4 25 | $248.4M | $166.1M | ||
| Q3 25 | $-121.7M | $184.3M | ||
| Q2 25 | $89.0M | $148.5M | ||
| Q1 25 | $61.2M | $154.9M | ||
| Q4 24 | $-228.9M | $166.4M | ||
| Q3 24 | $83.6M | $139.6M | ||
| Q2 24 | $79.6M | $186.1M |
毛利率BXPPNR
| Q1 26 | — | 41.8% | ||
| Q4 25 | 58.8% | 40.4% | ||
| Q3 25 | 59.3% | 41.0% | ||
| Q2 25 | 59.2% | 40.7% | ||
| Q1 25 | 59.2% | 39.9% | ||
| Q4 24 | 59.7% | 38.8% | ||
| Q3 24 | 59.5% | 39.6% | ||
| Q2 24 | 59.8% | 39.8% |
营业利润率BXPPNR
| Q1 26 | — | 20.3% | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.7% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 20.1% | ||
| Q4 24 | — | 20.1% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | 22.6% |
净利率BXPPNR
| Q1 26 | 15.3% | 16.6% | ||
| Q4 25 | 28.3% | 16.3% | ||
| Q3 25 | -14.0% | 18.0% | ||
| Q2 25 | 10.2% | 13.2% | ||
| Q1 25 | 7.1% | 15.3% | ||
| Q4 24 | -26.7% | 17.1% | ||
| Q3 24 | 9.7% | 14.1% | ||
| Q2 24 | 9.4% | 16.9% |
每股收益（稀释后）BXPPNR
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.01 | ||
| Q3 25 | $-0.77 | $1.12 | ||
| Q2 25 | $0.56 | $0.90 | ||
| Q1 25 | $0.39 | $0.93 | ||
| Q4 24 | $-1.46 | $0.99 | ||
| Q3 24 | $0.53 | $0.84 | ||
| Q2 24 | $0.51 | $1.11 |
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 | $67.7M |
| 总债务越低越好 | — | $1.9B |
| 股东权益账面价值 | $7.7B | $3.8B |
| 总资产 | $25.1B | $7.1B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资BXPPNR
| Q1 26 | $512.8M | $67.7M | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $861.1M | $128.4M | ||
| Q2 25 | $447.0M | $143.0M | ||
| Q1 25 | $398.1M | $140.6M | ||
| Q4 24 | $1.3B | $118.7M | ||
| Q3 24 | $1.4B | $218.1M | ||
| Q2 24 | $685.4M | $214.3M |
总债务BXPPNR
| Q1 26 | — | $1.9B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.8B |
股东权益BXPPNR
| Q1 26 | $7.7B | $3.8B | ||
| Q4 25 | $5.1B | $3.9B | ||
| Q3 25 | $5.0B | $3.8B | ||
| Q2 25 | $5.3B | $3.7B | ||
| Q1 25 | $5.3B | $3.6B | ||
| Q4 24 | $5.4B | $3.6B | ||
| Q3 24 | $5.8B | $3.5B | ||
| Q2 24 | $5.8B | $3.4B |
总资产BXPPNR
| Q1 26 | $25.1B | $7.1B | ||
| Q4 25 | $26.2B | $6.9B | ||
| Q3 25 | $26.0B | $6.8B | ||
| Q2 25 | $25.6B | $6.5B | ||
| Q1 25 | $25.4B | $6.7B | ||
| Q4 24 | $26.1B | $6.4B | ||
| Q3 24 | $26.4B | $6.5B | ||
| Q2 24 | $25.5B | $6.5B |
负债/权益比BXPPNR
| Q1 26 | — | 0.51× | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.51× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-85.7M |
| 自由现金流率自由现金流/营收 | — | -8.3% |
| 资本支出强度资本支出/营收 | 1.5% | 1.8% |
| 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 | — | $716.0M |
8季度趋势，按日历期对齐
经营现金流BXPPNR
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $50.8M | ||
| Q3 25 | $274.2M | $196.3M | ||
| Q2 25 | $353.1M | $606.6M | ||
| Q1 25 | $210.0M | $-38.9M | ||
| Q4 24 | $383.7M | $86.5M | ||
| Q3 24 | $286.1M | $248.6M | ||
| Q2 24 | $367.1M | $539.2M |
自由现金流BXPPNR
| Q1 26 | — | $-85.7M | ||
| Q4 25 | $362.7M | $27.1M | ||
| Q3 25 | $231.6M | $178.9M | ||
| Q2 25 | $281.5M | $595.7M | ||
| Q1 25 | $152.6M | $-55.7M | ||
| Q4 24 | $312.5M | $63.8M | ||
| Q3 24 | $234.5M | $233.2M | ||
| Q2 24 | $332.4M | $522.2M |
自由现金流率BXPPNR
| Q1 26 | — | -8.3% | ||
| Q4 25 | 41.4% | 2.7% | ||
| Q3 25 | 26.6% | 17.5% | ||
| Q2 25 | 32.4% | 53.0% | ||
| Q1 25 | 17.6% | -5.5% | ||
| Q4 24 | 36.4% | 6.6% | ||
| Q3 24 | 27.3% | 23.5% | ||
| Q2 24 | 39.1% | 47.5% |
资本支出强度BXPPNR
| Q1 26 | 1.5% | 1.8% | ||
| Q4 25 | 5.1% | 2.3% | ||
| Q3 25 | 4.9% | 1.7% | ||
| Q2 25 | 8.2% | 1.0% | ||
| Q1 25 | 6.6% | 1.7% | ||
| Q4 24 | 8.3% | 2.3% | ||
| Q3 24 | 6.0% | 1.6% | ||
| Q2 24 | 4.1% | 1.5% |
现金转化率BXPPNR
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.31× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | 3.97× | 4.08× | ||
| Q1 25 | 3.43× | -0.25× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | 3.42× | 1.78× | ||
| Q2 24 | 4.61× | 2.90× |
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% |
PNR
| Water Solutions | $391.0M | 38% |
| Pool | $387.1M | 37% |
| Flow | $258.1M | 25% |
