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BXP, Inc.（BXP）与普尔斯马特（PSMT）财务数据对比。点击上方公司名可切换其他公司
普尔斯马特的季度营收约是BXP, Inc.的1.6倍（$1.4B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 2.9%，领先12.3%），普尔斯马特同比增速更快（9.9% vs 0.8%），过去两年普尔斯马特的营收复合增速更高（3.5% 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。
PriceSmart（普尔斯马特）是一家美资会员制仓储商超运营商，业务覆盖中美洲、加勒比地区及南美洲。公司由Price Club的创立者索尔·普莱斯与罗伯特·普莱斯共同创办，罗伯特·普莱斯现任董事会主席。
BXP vs PSMT — 直观对比
营收规模更大
PSMT
是对方的1.6倍
$872.1M
营收增速更快
PSMT
高出9.1%
0.8%
净利率更高
BXP
高出12.3%
2.9%
两年增速更快
PSMT
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.4B |
| 净利润 | $133.0M | $40.2M |
| 毛利率 | — | 17.7% |
| 营业利润率 | — | 4.6% |
| 净利率 | 15.3% | 2.9% |
| 营收同比 | 0.8% | 9.9% |
| 净利润同比 | 53.0% | 7.3% |
| 每股收益（稀释后） | $1.69 | $1.29 |
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BXPPSMT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.4B | ||
| Q3 25 | $871.5M | $1.3B | ||
| Q2 25 | $868.5M | $1.3B | ||
| Q1 25 | $865.2M | $1.4B | ||
| Q4 24 | $858.6M | $1.3B | ||
| Q3 24 | $859.2M | $1.2B | ||
| Q2 24 | $850.5M | $1.2B |
净利润BXPPSMT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $40.2M | ||
| Q3 25 | $-121.7M | $31.5M | ||
| Q2 25 | $89.0M | $35.2M | ||
| Q1 25 | $61.2M | $43.8M | ||
| Q4 24 | $-228.9M | $37.4M | ||
| Q3 24 | $83.6M | $29.1M | ||
| Q2 24 | $79.6M | $32.5M |
毛利率BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 17.7% | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | 17.1% | ||
| Q4 24 | 59.7% | 17.4% | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 4.1% |
净利率BXPPSMT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 2.9% | ||
| Q3 25 | -14.0% | 2.4% | ||
| Q2 25 | 10.2% | 2.7% | ||
| Q1 25 | 7.1% | 3.2% | ||
| Q4 24 | -26.7% | 3.0% | ||
| Q3 24 | 9.7% | 2.4% | ||
| Q2 24 | 9.4% | 2.6% |
每股收益（稀释后）BXPPSMT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.29 | ||
| Q3 25 | $-0.77 | $1.02 | ||
| Q2 25 | $0.56 | $1.14 | ||
| Q1 25 | $0.39 | $1.45 | ||
| Q4 24 | $-1.46 | $1.21 | ||
| Q3 24 | $0.53 | $0.94 | ||
| Q2 24 | $0.51 | $1.08 |
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 | $320.6M |
| 总债务越低越好 | — | $180.3M |
| 股东权益账面价值 | $7.7B | $1.3B |
| 总资产 | $25.1B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资BXPPSMT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $320.6M | ||
| Q3 25 | $861.1M | $314.2M | ||
| Q2 25 | $447.0M | $262.4M | ||
| Q1 25 | $398.1M | $247.3M | ||
| Q4 24 | $1.3B | $222.2M | ||
| Q3 24 | $1.4B | $225.5M | ||
| Q2 24 | $685.4M | $228.2M |
总债务BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | — | $180.3M | ||
| Q3 25 | — | $186.6M | ||
| Q2 25 | — | $103.1M | ||
| Q1 25 | — | $107.1M | ||
| Q4 24 | — | $115.6M | ||
| Q3 24 | — | $130.4M | ||
| Q2 24 | — | $135.1M |
股东权益BXPPSMT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.3B | $1.2B | ||
| Q4 24 | $5.4B | $1.2B | ||
| Q3 24 | $5.8B | $1.1B | ||
| Q2 24 | $5.8B | $1.1B |
总资产BXPPSMT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.4B | ||
| Q3 25 | $26.0B | $2.3B | ||
| Q2 25 | $25.6B | $2.1B | ||
| Q1 25 | $25.4B | $2.1B | ||
| Q4 24 | $26.1B | $2.1B | ||
| Q3 24 | $26.4B | $2.0B | ||
| Q2 24 | $25.5B | $2.0B |
负债/权益比BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.09× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× |
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 | — | $71.2M |
| 自由现金流经营现金流 - 资本支出 | — | $32.6M |
| 自由现金流率自由现金流/营收 | — | 2.4% |
| 资本支出强度资本支出/营收 | 1.5% | 2.8% |
| 现金转化率经营现金流/净利润 | — | 1.77× |
| 过去12个月自由现金流最近4个季度 | — | $125.5M |
8季度趋势，按日历期对齐
经营现金流BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $71.2M | ||
| Q3 25 | $274.2M | $82.1M | ||
| Q2 25 | $353.1M | $52.8M | ||
| Q1 25 | $210.0M | $87.9M | ||
| Q4 24 | $383.7M | $38.5M | ||
| Q3 24 | $286.1M | $41.8M | ||
| Q2 24 | $367.1M | $38.1M |
自由现金流BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $32.6M | ||
| Q3 25 | $231.6M | $25.6M | ||
| Q2 25 | $281.5M | $14.0M | ||
| Q1 25 | $152.6M | $53.2M | ||
| Q4 24 | $312.5M | $10.3M | ||
| Q3 24 | $234.5M | $15.2M | ||
| Q2 24 | $332.4M | $-308.0K |
自由现金流率BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 2.4% | ||
| Q3 25 | 26.6% | 1.9% | ||
| Q2 25 | 32.4% | 1.1% | ||
| Q1 25 | 17.6% | 3.9% | ||
| Q4 24 | 36.4% | 0.8% | ||
| Q3 24 | 27.3% | 1.2% | ||
| Q2 24 | 39.1% | -0.0% |
资本支出强度BXPPSMT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.8% | ||
| Q3 25 | 4.9% | 4.2% | ||
| Q2 25 | 8.2% | 2.9% | ||
| Q1 25 | 6.6% | 2.5% | ||
| Q4 24 | 8.3% | 2.2% | ||
| Q3 24 | 6.0% | 2.2% | ||
| Q2 24 | 4.1% | 3.1% |
现金转化率BXPPSMT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.77× | ||
| Q3 25 | — | 2.60× | ||
| Q2 25 | 3.97× | 1.50× | ||
| Q1 25 | 3.43× | 2.01× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | 3.42× | 1.44× | ||
| Q2 24 | 4.61× | 1.17× |
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% |
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
