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BXP, Inc.（BXP）与SelectQuote, Inc.（SLQT）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SelectQuote, Inc.的1.6倍（$872.1M vs $537.1M），BXP, Inc.净利率更高（15.3% vs 12.9%，领先2.3%），SelectQuote, Inc.同比增速更快（11.6% vs 0.8%），过去两年SelectQuote, Inc.的营收复合增速更高（19.5% 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。
SelectQuote是面向消费者的直售平台，主营保险产品与医疗服务业务，通过对接消费者与保险机构获取佣金，覆盖长者健康险、人寿险、车险、家财险等品类，医疗服务板块以认证药房SelectRx为核心业务，公司于2020年5月上市。
BXP vs SLQT — 直观对比
营收规模更大
BXP
是对方的1.6倍
$537.1M
营收增速更快
SLQT
高出10.8%
0.8%
净利率更高
BXP
高出2.3%
12.9%
两年增速更快
SLQT
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $537.1M |
| 净利润 | $133.0M | $69.3M |
| 毛利率 | — | 61.8% |
| 营业利润率 | — | 14.0% |
| 净利率 | 15.3% | 12.9% |
| 营收同比 | 0.8% | 11.6% |
| 净利润同比 | 53.0% | 30.2% |
| 每股收益（稀释后） | $1.69 | $0.26 |
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BXPSLQT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $537.1M | ||
| Q3 25 | $871.5M | $328.8M | ||
| Q2 25 | $868.5M | $345.1M | ||
| Q1 25 | $865.2M | $408.2M | ||
| Q4 24 | $858.6M | $481.1M | ||
| Q3 24 | $859.2M | $292.3M | ||
| Q2 24 | $850.5M | $307.2M |
净利润BXPSLQT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $69.3M | ||
| Q3 25 | $-121.7M | $-30.5M | ||
| Q2 25 | $89.0M | $12.9M | ||
| Q1 25 | $61.2M | $26.0M | ||
| Q4 24 | $-228.9M | $53.2M | ||
| Q3 24 | $83.6M | $-44.5M | ||
| Q2 24 | $79.6M | $-31.0M |
毛利率BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 61.8% | ||
| Q3 25 | 59.3% | 41.4% | ||
| Q2 25 | 59.2% | 47.2% | ||
| Q1 25 | 59.2% | 60.2% | ||
| Q4 24 | 59.7% | 67.5% | ||
| Q3 24 | 59.5% | 55.7% | ||
| Q2 24 | 59.8% | 60.7% |
营业利润率BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | -12.4% | ||
| Q2 25 | — | -3.6% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | -4.1% | ||
| Q2 24 | — | -0.5% |
净利率BXPSLQT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 12.9% | ||
| Q3 25 | -14.0% | -9.3% | ||
| Q2 25 | 10.2% | 3.7% | ||
| Q1 25 | 7.1% | 6.4% | ||
| Q4 24 | -26.7% | 11.1% | ||
| Q3 24 | 9.7% | -15.2% | ||
| Q2 24 | 9.4% | -10.1% |
每股收益（稀释后）BXPSLQT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.26 | ||
| Q3 25 | $-0.77 | $-0.26 | ||
| Q2 25 | $0.56 | $-0.06 | ||
| Q1 25 | $0.39 | $0.03 | ||
| Q4 24 | $-1.46 | $0.30 | ||
| Q3 24 | $0.53 | $-0.26 | ||
| Q2 24 | $0.51 | $-0.17 |
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 | $18.3M |
| 总债务越低越好 | — | $405.8M |
| 股东权益账面价值 | $7.7B | $359.7M |
| 总资产 | $25.1B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资BXPSLQT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $18.3M | ||
| Q3 25 | $861.1M | $10.7M | ||
| Q2 25 | $447.0M | $32.4M | ||
| Q1 25 | $398.1M | $80.1M | ||
| Q4 24 | $1.3B | $7.3M | ||
| Q3 24 | $1.4B | $10.4M | ||
| Q2 24 | $685.4M | $42.7M |
总债务BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | — | $405.8M | ||
| Q3 25 | — | $393.1M | ||
| Q2 25 | — | $385.1M | ||
| Q1 25 | — | $391.5M | ||
| Q4 24 | — | $711.9M | ||
| Q3 24 | — | $680.4M | ||
| Q2 24 | — | $683.3M |
股东权益BXPSLQT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $359.7M | ||
| Q3 25 | $5.0B | $305.1M | ||
| Q2 25 | $5.3B | $351.1M | ||
| Q1 25 | $5.3B | $350.2M | ||
| Q4 24 | $5.4B | $326.0M | ||
| Q3 24 | $5.8B | $269.4M | ||
| Q2 24 | $5.8B | $316.8M |
总资产BXPSLQT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.4B | ||
| Q3 25 | $26.0B | $1.2B | ||
| Q2 25 | $25.6B | $1.2B | ||
| Q1 25 | $25.4B | $1.3B | ||
| Q4 24 | $26.1B | $1.3B | ||
| Q3 24 | $26.4B | $1.1B | ||
| Q2 24 | $25.5B | $1.2B |
负债/权益比BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | — | 2.16× |
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 | — | $52.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.0M |
| 自由现金流率自由现金流/营收 | — | -0.2% |
| 资本支出强度资本支出/营收 | 1.5% | 0.2% |
| 现金转化率经营现金流/净利润 | — | 0.00× |
| 过去12个月自由现金流最近4个季度 | — | $8.5M |
8季度趋势，按日历期对齐
经营现金流BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $52.0K | ||
| Q3 25 | $274.2M | $-21.6M | ||
| Q2 25 | $353.1M | $-37.5M | ||
| Q1 25 | $210.0M | $71.1M | ||
| Q4 24 | $383.7M | $-28.7M | ||
| Q3 24 | $286.1M | $-16.6M | ||
| Q2 24 | $367.1M | $20.0M |
自由现金流BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-1.0M | ||
| Q3 25 | $231.6M | $-22.7M | ||
| Q2 25 | $281.5M | $-38.0M | ||
| Q1 25 | $152.6M | $70.2M | ||
| Q4 24 | $312.5M | $-29.0M | ||
| Q3 24 | $234.5M | $-17.1M | ||
| Q2 24 | $332.4M | $19.7M |
自由现金流率BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -0.2% | ||
| Q3 25 | 26.6% | -6.9% | ||
| Q2 25 | 32.4% | -11.0% | ||
| Q1 25 | 17.6% | 17.2% | ||
| Q4 24 | 36.4% | -6.0% | ||
| Q3 24 | 27.3% | -5.8% | ||
| Q2 24 | 39.1% | 6.4% |
资本支出强度BXPSLQT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 0.2% | ||
| Q3 25 | 4.9% | 0.3% | ||
| Q2 25 | 8.2% | 0.1% | ||
| Q1 25 | 6.6% | 0.2% | ||
| Q4 24 | 8.3% | 0.1% | ||
| Q3 24 | 6.0% | 0.2% | ||
| Q2 24 | 4.1% | 0.1% |
现金转化率BXPSLQT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | -2.91× | ||
| Q1 25 | 3.43× | 2.73× | ||
| Q4 24 | — | -0.54× | ||
| 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% |
SLQT
| Healthcare Services Segment | $230.7M | 43% |
| Pharmacy | $227.2M | 42% |
| Other | $30.4M | 6% |
| Final Expense | $20.4M | 4% |
| Term | $18.5M | 3% |
| Other Senior | $6.3M | 1% |
| All Other Revenue | $3.9M | 1% |
