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BXP, Inc.（BXP）与SERVICE CORP INTERNATIONAL（SCI）财务数据对比。点击上方公司名可切换其他公司
SERVICE CORP INTERNATIONAL的季度营收约是BXP, Inc.的1.3倍（$1.1B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 14.3%，领先0.9%），SERVICE CORP INTERNATIONAL同比增速更快（1.7% vs 0.8%），过去两年SERVICE CORP INTERNATIONAL的营收复合增速更高（3.1% 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。
国际配送服务有限公司（IDS）是英国邮政及快递服务提供商，2013年由英国政府设立，作为皇家邮政的控股母公司，多数股权随后在伦敦证券交易所公开发售，当时政府保留30%股份。截至2025年4月，该公司由丹尼尔·克雷廷斯基旗下捷克EP集团持有运营。
BXP vs SCI — 直观对比
营收规模更大
SCI
是对方的1.3倍
$872.1M
营收增速更快
SCI
高出0.9%
0.8%
净利率更高
BXP
高出0.9%
14.3%
两年增速更快
SCI
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.1B |
| 净利润 | $133.0M | $159.4M |
| 毛利率 | — | 28.0% |
| 营业利润率 | — | 24.8% |
| 净利率 | 15.3% | 14.3% |
| 营收同比 | 0.8% | 1.7% |
| 净利润同比 | 53.0% | 5.3% |
| 每股收益（稀释后） | $1.69 | $1.13 |
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BXPSCI
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.1B | ||
| Q3 25 | $871.5M | $1.1B | ||
| Q2 25 | $868.5M | $1.1B | ||
| Q1 25 | $865.2M | $1.1B | ||
| Q4 24 | $858.6M | $1.1B | ||
| Q3 24 | $859.2M | $1.0B | ||
| Q2 24 | $850.5M | $1.0B |
净利润BXPSCI
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $159.4M | ||
| Q3 25 | $-121.7M | $117.5M | ||
| Q2 25 | $89.0M | $122.9M | ||
| Q1 25 | $61.2M | $142.9M | ||
| Q4 24 | $-228.9M | $151.4M | ||
| Q3 24 | $83.6M | $117.8M | ||
| Q2 24 | $79.6M | $118.2M |
毛利率BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 28.0% | ||
| Q3 25 | 59.3% | 25.1% | ||
| Q2 25 | 59.2% | 25.5% | ||
| Q1 25 | 59.2% | 27.1% | ||
| Q4 24 | 59.7% | 28.0% | ||
| Q3 24 | 59.5% | 24.9% | ||
| Q2 24 | 59.8% | 24.9% |
营业利润率BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | — | 24.8% | ||
| Q3 25 | — | 21.4% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 24.0% | ||
| Q3 24 | — | 20.9% | ||
| Q2 24 | — | 21.4% |
净利率BXPSCI
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 14.3% | ||
| Q3 25 | -14.0% | 11.1% | ||
| Q2 25 | 10.2% | 11.5% | ||
| Q1 25 | 7.1% | 13.3% | ||
| Q4 24 | -26.7% | 13.8% | ||
| Q3 24 | 9.7% | 11.6% | ||
| Q2 24 | 9.4% | 11.4% |
每股收益（稀释后）BXPSCI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.13 | ||
| Q3 25 | $-0.77 | $0.83 | ||
| Q2 25 | $0.56 | $0.86 | ||
| Q1 25 | $0.39 | $0.98 | ||
| Q4 24 | $-1.46 | $1.02 | ||
| Q3 24 | $0.53 | $0.81 | ||
| Q2 24 | $0.51 | $0.81 |
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 | $243.6M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $7.7B | $1.6B |
| 总资产 | $25.1B | $18.7B |
| 负债/权益比越低杠杆越低 | — | 3.10× |
8季度趋势，按日历期对齐
现金及短期投资BXPSCI
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $243.6M | ||
| Q3 25 | $861.1M | $241.3M | ||
| Q2 25 | $447.0M | $255.4M | ||
| Q1 25 | $398.1M | $227.2M | ||
| Q4 24 | $1.3B | $218.8M | ||
| Q3 24 | $1.4B | $185.4M | ||
| Q2 24 | $685.4M | $184.4M |
总债务BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.7B |
股东权益BXPSCI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.6B | ||
| Q3 25 | $5.0B | $1.6B | ||
| Q2 25 | $5.3B | $1.6B | ||
| Q1 25 | $5.3B | $1.7B | ||
| Q4 24 | $5.4B | $1.7B | ||
| Q3 24 | $5.8B | $1.6B | ||
| Q2 24 | $5.8B | $1.5B |
总资产BXPSCI
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $18.7B | ||
| Q3 25 | $26.0B | $18.4B | ||
| Q2 25 | $25.6B | $18.0B | ||
| Q1 25 | $25.4B | $17.3B | ||
| Q4 24 | $26.1B | $17.4B | ||
| Q3 24 | $26.4B | $17.4B | ||
| Q2 24 | $25.5B | $16.8B |
负债/权益比BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | — | 3.10× | ||
| Q3 25 | — | 3.17× | ||
| Q2 25 | — | 3.19× | ||
| Q1 25 | — | 2.87× | ||
| Q4 24 | — | 2.83× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.05× |
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 | — | $212.9M |
| 自由现金流经营现金流 - 资本支出 | — | $87.2M |
| 自由现金流率自由现金流/营收 | — | 7.8% |
| 资本支出强度资本支出/营收 | 1.5% | 11.3% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $554.2M |
8季度趋势，按日历期对齐
经营现金流BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $212.9M | ||
| Q3 25 | $274.2M | $252.3M | ||
| Q2 25 | $353.1M | $166.4M | ||
| Q1 25 | $210.0M | $311.1M | ||
| Q4 24 | $383.7M | $264.1M | ||
| Q3 24 | $286.1M | $263.8M | ||
| Q2 24 | $367.1M | $196.9M |
自由现金流BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $87.2M | ||
| Q3 25 | $231.6M | $150.7M | ||
| Q2 25 | $281.5M | $83.4M | ||
| Q1 25 | $152.6M | $233.0M | ||
| Q4 24 | $312.5M | $151.8M | ||
| Q3 24 | $234.5M | $162.8M | ||
| Q2 24 | $332.4M | $100.8M |
自由现金流率BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 7.8% | ||
| Q3 25 | 26.6% | 14.2% | ||
| Q2 25 | 32.4% | 7.8% | ||
| Q1 25 | 17.6% | 21.7% | ||
| Q4 24 | 36.4% | 13.9% | ||
| Q3 24 | 27.3% | 16.1% | ||
| Q2 24 | 39.1% | 9.7% |
资本支出强度BXPSCI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 11.3% | ||
| Q3 25 | 4.9% | 9.6% | ||
| Q2 25 | 8.2% | 7.8% | ||
| Q1 25 | 6.6% | 7.3% | ||
| Q4 24 | 8.3% | 10.3% | ||
| Q3 24 | 6.0% | 10.0% | ||
| Q2 24 | 4.1% | 9.3% |
现金转化率BXPSCI
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.34× | ||
| Q3 25 | — | 2.15× | ||
| Q2 25 | 3.97× | 1.35× | ||
| Q1 25 | 3.43× | 2.18× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | 3.42× | 2.24× | ||
| Q2 24 | 4.61× | 1.67× |
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% |
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
