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BXP, Inc.（BXP）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
越洋钻探的季度营收约是BXP, Inc.的1.2倍（$1.0B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 2.4%，领先12.9%），越洋钻探同比增速更快（9.6% vs 0.8%），过去两年越洋钻探的营收复合增速更高（16.9% 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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
BXP vs RIG — 直观对比
营收规模更大
RIG
是对方的1.2倍
$872.1M
营收增速更快
RIG
高出8.8%
0.8%
净利率更高
BXP
高出12.9%
2.4%
两年增速更快
RIG
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.0B |
| 净利润 | $133.0M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | — | 23.0% |
| 净利率 | 15.3% | 2.4% |
| 营收同比 | 0.8% | 9.6% |
| 净利润同比 | 53.0% | 257.1% |
| 每股收益（稀释后） | $1.69 | $0.13 |
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BXPRIG
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.0B | ||
| Q3 25 | $871.5M | $1.0B | ||
| Q2 25 | $868.5M | $988.0M | ||
| Q1 25 | $865.2M | $906.0M | ||
| Q4 24 | $858.6M | $952.0M | ||
| Q3 24 | $859.2M | $948.0M | ||
| Q2 24 | $850.5M | $861.0M |
净利润BXPRIG
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $25.0M | ||
| Q3 25 | $-121.7M | $-1.9B | ||
| Q2 25 | $89.0M | $-938.0M | ||
| Q1 25 | $61.2M | $-79.0M | ||
| Q4 24 | $-228.9M | $7.0M | ||
| Q3 24 | $83.6M | $-494.0M | ||
| Q2 24 | $79.6M | $-123.0M |
毛利率BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 42.0% | ||
| Q3 25 | 59.3% | 43.2% | ||
| Q2 25 | 59.2% | 39.4% | ||
| Q1 25 | 59.2% | 31.8% | ||
| Q4 24 | 59.7% | 39.2% | ||
| Q3 24 | 59.5% | 40.6% | ||
| Q2 24 | 59.8% | 38.0% |
营业利润率BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | -163.1% | ||
| Q2 25 | — | -97.6% | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | — | -51.2% | ||
| Q2 24 | — | -6.9% |
净利率BXPRIG
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 2.4% | ||
| Q3 25 | -14.0% | -187.1% | ||
| Q2 25 | 10.2% | -94.9% | ||
| Q1 25 | 7.1% | -8.7% | ||
| Q4 24 | -26.7% | 0.7% | ||
| Q3 24 | 9.7% | -52.1% | ||
| Q2 24 | 9.4% | -14.3% |
每股收益（稀释后）BXPRIG
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.13 | ||
| Q3 25 | $-0.77 | $-2.00 | ||
| Q2 25 | $0.56 | $-1.06 | ||
| Q1 25 | $0.39 | $-0.11 | ||
| Q4 24 | $-1.46 | $-0.14 | ||
| Q3 24 | $0.53 | $-0.58 | ||
| Q2 24 | $0.51 | $-0.15 |
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 | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $7.7B | $8.1B |
| 总资产 | $25.1B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资BXPRIG
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $620.0M | ||
| Q3 25 | $861.1M | $833.0M | ||
| Q2 25 | $447.0M | $377.0M | ||
| Q1 25 | $398.1M | $263.0M | ||
| Q4 24 | $1.3B | $560.0M | ||
| Q3 24 | $1.4B | $435.0M | ||
| Q2 24 | $685.4M | $475.0M |
总债务BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B |
股东权益BXPRIG
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $8.1B | ||
| Q3 25 | $5.0B | $8.1B | ||
| Q2 25 | $5.3B | $9.4B | ||
| Q1 25 | $5.3B | $10.2B | ||
| Q4 24 | $5.4B | $10.3B | ||
| Q3 24 | $5.8B | $10.2B | ||
| Q2 24 | $5.8B | $10.7B |
总资产BXPRIG
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $15.6B | ||
| Q3 25 | $26.0B | $16.2B | ||
| Q2 25 | $25.6B | $17.8B | ||
| Q1 25 | $25.4B | $19.0B | ||
| Q4 24 | $26.1B | $19.4B | ||
| Q3 24 | $26.4B | $19.5B | ||
| Q2 24 | $25.5B | $20.3B |
负债/权益比BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× |
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 | — | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | 1.5% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $349.0M | ||
| Q3 25 | $274.2M | $246.0M | ||
| Q2 25 | $353.1M | $128.0M | ||
| Q1 25 | $210.0M | $26.0M | ||
| Q4 24 | $383.7M | $206.0M | ||
| Q3 24 | $286.1M | $194.0M | ||
| Q2 24 | $367.1M | $133.0M |
自由现金流BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $321.0M | ||
| Q3 25 | $231.6M | $235.0M | ||
| Q2 25 | $281.5M | $104.0M | ||
| Q1 25 | $152.6M | $-34.0M | ||
| Q4 24 | $312.5M | $177.0M | ||
| Q3 24 | $234.5M | $136.0M | ||
| Q2 24 | $332.4M | $49.0M |
自由现金流率BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 30.8% | ||
| Q3 25 | 26.6% | 22.9% | ||
| Q2 25 | 32.4% | 10.5% | ||
| Q1 25 | 17.6% | -3.8% | ||
| Q4 24 | 36.4% | 18.6% | ||
| Q3 24 | 27.3% | 14.3% | ||
| Q2 24 | 39.1% | 5.7% |
资本支出强度BXPRIG
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.7% | ||
| Q3 25 | 4.9% | 1.1% | ||
| Q2 25 | 8.2% | 2.4% | ||
| Q1 25 | 6.6% | 6.6% | ||
| Q4 24 | 8.3% | 3.0% | ||
| Q3 24 | 6.0% | 6.1% | ||
| Q2 24 | 4.1% | 9.8% |
现金转化率BXPRIG
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | — |
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% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
