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BXP, Inc.（BXP）与STEPAN CO（SCL）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STEPAN CO的1.4倍（$872.1M vs $604.5M），BXP, Inc.净利率更高（15.3% vs 3.3%，领先12.0%），STEPAN CO同比增速更快（1.9% vs 0.8%），过去两年STEPAN CO的营收复合增速更高（4.2% 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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
BXP vs SCL — 直观对比
营收规模更大
BXP
是对方的1.4倍
$604.5M
营收增速更快
SCL
高出1.1%
0.8%
净利率更高
BXP
高出12.0%
3.3%
两年增速更快
SCL
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $604.5M |
| 净利润 | $133.0M | $19.7M |
| 毛利率 | — | 10.7% |
| 营业利润率 | — | 4.7% |
| 净利率 | 15.3% | 3.3% |
| 营收同比 | 0.8% | 1.9% |
| 净利润同比 | 53.0% | — |
| 每股收益（稀释后） | $1.69 | $0.86 |
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BXPSCL
| Q1 26 | $872.1M | $604.5M | ||
| Q4 25 | $877.1M | $553.9M | ||
| Q3 25 | $871.5M | $590.3M | ||
| Q2 25 | $868.5M | $594.7M | ||
| Q1 25 | $865.2M | $593.3M | ||
| Q4 24 | $858.6M | $525.6M | ||
| Q3 24 | $859.2M | $546.8M | ||
| Q2 24 | $850.5M | $556.4M |
净利润BXPSCL
| Q1 26 | $133.0M | $19.7M | ||
| Q4 25 | $248.4M | $5.0M | ||
| Q3 25 | $-121.7M | $10.8M | ||
| Q2 25 | $89.0M | $11.3M | ||
| Q1 25 | $61.2M | $19.7M | ||
| Q4 24 | $-228.9M | $3.4M | ||
| Q3 24 | $83.6M | $23.6M | ||
| Q2 24 | $79.6M | $9.5M |
毛利率BXPSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | 58.8% | 9.3% | ||
| Q3 25 | 59.3% | 12.0% | ||
| Q2 25 | 59.2% | 12.1% | ||
| Q1 25 | 59.2% | 12.7% | ||
| Q4 24 | 59.7% | 10.8% | ||
| Q3 24 | 59.5% | 13.8% | ||
| Q2 24 | 59.8% | 12.5% |
营业利润率BXPSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.4% |
净利率BXPSCL
| Q1 26 | 15.3% | 3.3% | ||
| Q4 25 | 28.3% | 0.9% | ||
| Q3 25 | -14.0% | 1.8% | ||
| Q2 25 | 10.2% | 1.9% | ||
| Q1 25 | 7.1% | 3.3% | ||
| Q4 24 | -26.7% | 0.6% | ||
| Q3 24 | 9.7% | 4.3% | ||
| Q2 24 | 9.4% | 1.7% |
每股收益（稀释后）BXPSCL
| Q1 26 | $1.69 | $0.86 | ||
| Q4 25 | $1.56 | $0.22 | ||
| Q3 25 | $-0.77 | $0.47 | ||
| Q2 25 | $0.56 | $0.50 | ||
| Q1 25 | $0.39 | $0.86 | ||
| Q4 24 | $-1.46 | $0.14 | ||
| Q3 24 | $0.53 | $1.03 | ||
| Q2 24 | $0.51 | $0.42 |
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 | — |
| 总债务越低越好 | — | $328.4M |
| 股东权益账面价值 | $7.7B | $1.2B |
| 总资产 | $25.1B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资BXPSCL
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $132.7M | ||
| Q3 25 | $861.1M | $118.5M | ||
| Q2 25 | $447.0M | $88.9M | ||
| Q1 25 | $398.1M | $107.5M | ||
| Q4 24 | $1.3B | $99.7M | ||
| Q3 24 | $1.4B | $147.3M | ||
| Q2 24 | $685.4M | $124.7M |
总债务BXPSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | — | $626.7M | ||
| Q3 25 | — | $655.5M | ||
| Q2 25 | — | $658.0M | ||
| Q1 25 | — | $659.3M | ||
| Q4 24 | — | $625.4M | ||
| Q3 24 | — | $688.5M | ||
| Q2 24 | — | $657.1M |
股东权益BXPSCL
| Q1 26 | $7.7B | $1.2B | ||
| Q4 25 | $5.1B | $1.2B | ||
| 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 | $1.2B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPSCL
| Q1 26 | $25.1B | $2.3B | ||
| Q4 25 | $26.2B | $2.4B | ||
| Q3 25 | $26.0B | $2.4B | ||
| Q2 25 | $25.6B | $2.4B | ||
| Q1 25 | $25.4B | $2.4B | ||
| Q4 24 | $26.1B | $2.3B | ||
| Q3 24 | $26.4B | $2.4B | ||
| Q2 24 | $25.5B | $2.3B |
负债/权益比BXPSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.55× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
