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BXP, Inc.（BXP）与SAIA INC（SAIA）财务数据对比。点击上方公司名可切换其他公司
BXP, Inc.的季度营收约是SAIA INC的1.1倍（$872.1M vs $790.0M），BXP, Inc.净利率更高（15.3% vs 6.0%，领先9.2%），BXP, Inc.同比增速更快（0.8% vs 0.1%），过去两年SAIA INC的营收复合增速更高（2.3% 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。
Saia是美国知名零担货运企业，1924年创立于路易斯安那州霍马。成立最初五十年仅在路易斯安那州和得克萨斯州运营，1980年后逐步向美国南部多州扩张，后续通过同业并购将服务覆盖至36个州，目前位列美国零担承运商前十，年营收超18亿美元。
BXP vs SAIA — 直观对比
营收规模更大
BXP
是对方的1.1倍
$790.0M
营收增速更快
BXP
高出0.7%
0.1%
净利率更高
BXP
高出9.2%
6.0%
两年增速更快
SAIA
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $790.0M |
| 净利润 | $133.0M | $47.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.1% |
| 净利率 | 15.3% | 6.0% |
| 营收同比 | 0.8% | 0.1% |
| 净利润同比 | 53.0% | -37.6% |
| 每股收益（稀释后） | $1.69 | $1.77 |
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BXPSAIA
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $790.0M | ||
| Q3 25 | $871.5M | $839.6M | ||
| Q2 25 | $868.5M | $817.1M | ||
| Q1 25 | $865.2M | $787.6M | ||
| Q4 24 | $858.6M | $789.0M | ||
| Q3 24 | $859.2M | $842.1M | ||
| Q2 24 | $850.5M | $823.2M |
净利润BXPSAIA
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $47.5M | ||
| Q3 25 | $-121.7M | $86.3M | ||
| Q2 25 | $89.0M | $71.4M | ||
| Q1 25 | $61.2M | $49.8M | ||
| Q4 24 | $-228.9M | $76.1M | ||
| Q3 24 | $83.6M | $92.7M | ||
| Q2 24 | $79.6M | $102.5M |
毛利率BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 14.1% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 8.9% | ||
| Q4 24 | — | 12.9% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 16.7% |
净利率BXPSAIA
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 6.0% | ||
| Q3 25 | -14.0% | 10.3% | ||
| Q2 25 | 10.2% | 8.7% | ||
| Q1 25 | 7.1% | 6.3% | ||
| Q4 24 | -26.7% | 9.6% | ||
| Q3 24 | 9.7% | 11.0% | ||
| Q2 24 | 9.4% | 12.5% |
每股收益（稀释后）BXPSAIA
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.77 | ||
| Q3 25 | $-0.77 | $3.22 | ||
| Q2 25 | $0.56 | $2.67 | ||
| Q1 25 | $0.39 | $1.86 | ||
| Q4 24 | $-1.46 | $2.84 | ||
| Q3 24 | $0.53 | $3.46 | ||
| Q2 24 | $0.51 | $3.83 |
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 | $19.7M |
| 总债务越低越好 | — | $163.0M |
| 股东权益账面价值 | $7.7B | $2.6B |
| 总资产 | $25.1B | $3.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资BXPSAIA
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $19.7M | ||
| Q3 25 | $861.1M | $35.5M | ||
| Q2 25 | $447.0M | $18.8M | ||
| Q1 25 | $398.1M | $16.5M | ||
| Q4 24 | $1.3B | $19.5M | ||
| Q3 24 | $1.4B | $14.4M | ||
| Q2 24 | $685.4M | $11.2M |
总债务BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | — | $163.0M | ||
| Q3 25 | — | $218.0M | ||
| Q2 25 | — | $307.1M | ||
| Q1 25 | — | $291.8M | ||
| Q4 24 | — | $195.0M | ||
| Q3 24 | — | $184.2M | ||
| Q2 24 | — | $169.1M |
股东权益BXPSAIA
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.6B | ||
| Q3 25 | $5.0B | $2.5B | ||
| Q2 25 | $5.3B | $2.4B | ||
| Q1 25 | $5.3B | $2.4B | ||
| Q4 24 | $5.4B | $2.3B | ||
| Q3 24 | $5.8B | $2.2B | ||
| Q2 24 | $5.8B | $2.1B |
总资产BXPSAIA
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.5B | ||
| Q3 25 | $26.0B | $3.5B | ||
| Q2 25 | $25.6B | $3.5B | ||
| Q1 25 | $25.4B | $3.4B | ||
| Q4 24 | $26.1B | $3.2B | ||
| Q3 24 | $26.4B | $3.1B | ||
| Q2 24 | $25.5B | $3.0B |
负债/权益比BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.09× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | 0.08× | ||
| Q2 24 | — | 0.08× |
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 | — | $137.3M |
| 自由现金流经营现金流 - 资本支出 | — | $37.5M |
| 自由现金流率自由现金流/营收 | — | 4.7% |
| 资本支出强度资本支出/营收 | 1.5% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 2.89× |
| 过去12个月自由现金流最近4个季度 | — | $27.3M |
8季度趋势，按日历期对齐
经营现金流BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $137.3M | ||
| Q3 25 | $274.2M | $177.8M | ||
| Q2 25 | $353.1M | $170.7M | ||
| Q1 25 | $210.0M | $109.1M | ||
| Q4 24 | $383.7M | $164.7M | ||
| Q3 24 | $286.1M | $181.7M | ||
| Q2 24 | $367.1M | $130.8M |
自由现金流BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $37.5M | ||
| Q3 25 | $231.6M | $87.6M | ||
| Q2 25 | $281.5M | $-3.9M | ||
| Q1 25 | $152.6M | $-93.8M | ||
| Q4 24 | $312.5M | $-3.5M | ||
| Q3 24 | $234.5M | $-11.7M | ||
| Q2 24 | $332.4M | $-94.0M |
自由现金流率BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 4.7% | ||
| Q3 25 | 26.6% | 10.4% | ||
| Q2 25 | 32.4% | -0.5% | ||
| Q1 25 | 17.6% | -11.9% | ||
| Q4 24 | 36.4% | -0.4% | ||
| Q3 24 | 27.3% | -1.4% | ||
| Q2 24 | 39.1% | -11.4% |
资本支出强度BXPSAIA
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 12.6% | ||
| Q3 25 | 4.9% | 10.8% | ||
| Q2 25 | 8.2% | 21.4% | ||
| Q1 25 | 6.6% | 25.8% | ||
| Q4 24 | 8.3% | 21.3% | ||
| Q3 24 | 6.0% | 23.0% | ||
| Q2 24 | 4.1% | 27.3% |
现金转化率BXPSAIA
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 2.89× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | 3.97× | 2.39× | ||
| Q1 25 | 3.43× | 2.19× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 3.42× | 1.96× | ||
| Q2 24 | 4.61× | 1.28× |
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% |
SAIA
暂无分部数据
