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BXP, Inc.（BXP）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是BXP, Inc.的1.5倍（$1.3B vs $872.1M），BXP, Inc.同比增速更快（0.8% vs -5.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -6.1%）
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。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
BXP vs RHI — 直观对比
营收规模更大
RHI
是对方的1.5倍
$872.1M
营收增速更快
BXP
高出6.6%
-5.8%
两年增速更快
BXP
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.3B |
| 净利润 | $133.0M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | — | 1.7% |
| 净利率 | 15.3% | — |
| 营收同比 | 0.8% | -5.8% |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $0.32 |
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BXPRHI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.4B | ||
| Q2 25 | $868.5M | $1.4B | ||
| Q1 25 | $865.2M | $1.4B | ||
| Q4 24 | $858.6M | $1.4B | ||
| Q3 24 | $859.2M | $1.5B | ||
| Q2 24 | $850.5M | $1.5B |
净利润BXPRHI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | — | ||
| Q3 25 | $-121.7M | $42.9M | ||
| Q2 25 | $89.0M | $41.0M | ||
| Q1 25 | $61.2M | $17.4M | ||
| Q4 24 | $-228.9M | — | ||
| Q3 24 | $83.6M | $65.5M | ||
| Q2 24 | $79.6M | $68.2M |
毛利率BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 37.6% | ||
| Q3 25 | 59.3% | 37.2% | ||
| Q2 25 | 59.2% | 37.2% | ||
| Q1 25 | 59.2% | 36.9% | ||
| Q4 24 | 59.7% | 38.8% | ||
| Q3 24 | 59.5% | 39.0% | ||
| Q2 24 | 59.8% | 39.2% |
营业利润率BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 5.1% |
净利率BXPRHI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | -14.0% | 3.2% | ||
| Q2 25 | 10.2% | 3.0% | ||
| Q1 25 | 7.1% | 1.3% | ||
| Q4 24 | -26.7% | — | ||
| Q3 24 | 9.7% | 4.5% | ||
| Q2 24 | 9.4% | 4.6% |
每股收益（稀释后）BXPRHI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.32 | ||
| Q3 25 | $-0.77 | $0.43 | ||
| Q2 25 | $0.56 | $0.41 | ||
| Q1 25 | $0.39 | $0.17 | ||
| Q4 24 | $-1.46 | $0.53 | ||
| Q3 24 | $0.53 | $0.64 | ||
| Q2 24 | $0.51 | $0.66 |
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 | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.3B |
| 总资产 | $25.1B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BXPRHI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $464.4M | ||
| Q3 25 | $861.1M | $365.3M | ||
| Q2 25 | $447.0M | $380.5M | ||
| Q1 25 | $398.1M | $342.5M | ||
| Q4 24 | $1.3B | $537.6M | ||
| Q3 24 | $1.4B | $570.5M | ||
| Q2 24 | $685.4M | $547.4M |
股东权益BXPRHI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $5.0B | $1.3B | ||
| Q2 25 | $5.3B | $1.3B | ||
| Q1 25 | $5.3B | $1.3B | ||
| Q4 24 | $5.4B | $1.4B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.8B | $1.5B |
总资产BXPRHI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.9B | ||
| Q3 25 | $26.0B | $2.8B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | $2.7B | ||
| Q4 24 | $26.1B | $2.9B | ||
| Q3 24 | $26.4B | $3.0B | ||
| Q2 24 | $25.5B | $2.9B |
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 | — | $182.5M |
| 自由现金流经营现金流 - 资本支出 | — | $170.8M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | 1.5% | 0.9% |
| 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 | — | $266.8M |
8季度趋势，按日历期对齐
经营现金流BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $182.5M | ||
| Q3 25 | $274.2M | $77.4M | ||
| Q2 25 | $353.1M | $119.4M | ||
| Q1 25 | $210.0M | $-59.3M | ||
| Q4 24 | $383.7M | $154.8M | ||
| Q3 24 | $286.1M | $129.6M | ||
| Q2 24 | $367.1M | $142.0M |
自由现金流BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $170.8M | ||
| Q3 25 | $231.6M | $63.6M | ||
| Q2 25 | $281.5M | $104.2M | ||
| Q1 25 | $152.6M | $-71.7M | ||
| Q4 24 | $312.5M | $140.5M | ||
| Q3 24 | $234.5M | $111.8M | ||
| Q2 24 | $332.4M | $129.6M |
自由现金流率BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 13.1% | ||
| Q3 25 | 26.6% | 4.7% | ||
| Q2 25 | 32.4% | 7.6% | ||
| Q1 25 | 17.6% | -5.3% | ||
| Q4 24 | 36.4% | 10.2% | ||
| Q3 24 | 27.3% | 7.6% | ||
| Q2 24 | 39.1% | 8.8% |
资本支出强度BXPRHI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 0.9% | ||
| Q3 25 | 4.9% | 1.0% | ||
| Q2 25 | 8.2% | 1.1% | ||
| Q1 25 | 6.6% | 0.9% | ||
| Q4 24 | 8.3% | 1.0% | ||
| Q3 24 | 6.0% | 1.2% | ||
| Q2 24 | 4.1% | 0.8% |
现金转化率BXPRHI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | 3.97× | 2.91× | ||
| Q1 25 | 3.43× | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 1.98× | ||
| Q2 24 | 4.61× | 2.08× |
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% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
