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BXP, Inc.（BXP）与StoneX Group Inc.（SNEX）财务数据对比。点击上方公司名可切换其他公司
StoneX Group Inc.的季度营收约是BXP, Inc.的1.4倍（$1.2B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 11.6%，领先3.7%），StoneX Group Inc.同比增速更快（81.0% vs 0.8%），过去两年StoneX Group Inc.的营收复合增速更高（53.5% 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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
BXP vs SNEX — 直观对比
营收规模更大
SNEX
是对方的1.4倍
$872.1M
营收增速更快
SNEX
高出80.2%
0.8%
净利率更高
BXP
高出3.7%
11.6%
两年增速更快
SNEX
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.2B |
| 净利润 | $133.0M | $139.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 15.4% |
| 净利率 | 15.3% | 11.6% |
| 营收同比 | 0.8% | 81.0% |
| 净利润同比 | 53.0% | 63.3% |
| 每股收益（稀释后） | $1.69 | $2.50 |
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BXPSNEX
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.2B | ||
| Q3 25 | $871.5M | $32.7B | ||
| Q2 25 | $868.5M | $851.2M | ||
| Q1 25 | $865.2M | $820.4M | ||
| Q4 24 | $858.6M | $663.1M | ||
| Q3 24 | $859.2M | $31.1B | ||
| Q2 24 | $850.5M | $571.8M |
净利润BXPSNEX
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $139.0M | ||
| Q3 25 | $-121.7M | $85.7M | ||
| Q2 25 | $89.0M | $63.4M | ||
| Q1 25 | $61.2M | $71.7M | ||
| Q4 24 | $-228.9M | $85.1M | ||
| Q3 24 | $83.6M | $76.7M | ||
| Q2 24 | $79.6M | $61.9M |
毛利率BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | 3.7% | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | 3.0% | ||
| Q2 24 | 59.8% | — |
营业利润率BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | -0.0% | ||
| Q2 24 | — | -4.7% |
净利率BXPSNEX
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 11.6% | ||
| Q3 25 | -14.0% | 0.3% | ||
| Q2 25 | 10.2% | 7.4% | ||
| Q1 25 | 7.1% | 8.7% | ||
| Q4 24 | -26.7% | 12.8% | ||
| Q3 24 | 9.7% | 0.2% | ||
| Q2 24 | 9.4% | 10.8% |
每股收益（稀释后）BXPSNEX
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $2.50 | ||
| Q3 25 | $-0.77 | $0.72 | ||
| Q2 25 | $0.56 | $1.22 | ||
| Q1 25 | $0.39 | $1.41 | ||
| Q4 24 | $-1.46 | $1.69 | ||
| Q3 24 | $0.53 | $2.32 | ||
| Q2 24 | $0.51 | $1.25 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.5B |
| 总资产 | $25.1B | $47.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BXPSNEX
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $861.1M | $1.6B | ||
| Q2 25 | $447.0M | $1.3B | ||
| Q1 25 | $398.1M | $1.3B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $685.4M | $1.2B |
股东权益BXPSNEX
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.5B | ||
| Q3 25 | $5.0B | $2.4B | ||
| Q2 25 | $5.3B | $2.0B | ||
| Q1 25 | $5.3B | $1.9B | ||
| Q4 24 | $5.4B | $1.8B | ||
| Q3 24 | $5.8B | $1.7B | ||
| Q2 24 | $5.8B | $1.6B |
总资产BXPSNEX
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $47.8B | ||
| Q3 25 | $26.0B | $45.3B | ||
| Q2 25 | $25.6B | $34.3B | ||
| Q1 25 | $25.4B | $31.3B | ||
| Q4 24 | $26.1B | $29.6B | ||
| Q3 24 | $26.4B | $27.5B | ||
| Q2 24 | $25.5B | $25.9B |
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 | — | $-1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.3B |
| 自由现金流率自由现金流/营收 | — | -106.4% |
| 资本支出强度资本支出/营收 | 1.5% | 1.3% |
| 现金转化率经营现金流/净利润 | — | -9.08× |
| 过去12个月自由现金流最近4个季度 | — | $3.5B |
8季度趋势，按日历期对齐
经营现金流BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $-1.3B | ||
| Q3 25 | $274.2M | $3.5B | ||
| Q2 25 | $353.1M | $1.5B | ||
| Q1 25 | $210.0M | $-154.5M | ||
| Q4 24 | $383.7M | $-477.8M | ||
| Q3 24 | $286.1M | $192.6M | ||
| Q2 24 | $367.1M | $-622.1M |
自由现金流BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-1.3B | ||
| Q3 25 | $231.6M | $3.5B | ||
| Q2 25 | $281.5M | $1.5B | ||
| Q1 25 | $152.6M | $-169.8M | ||
| Q4 24 | $312.5M | $-491.4M | ||
| Q3 24 | $234.5M | $175.9M | ||
| Q2 24 | $332.4M | $-640.5M |
自由现金流率BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -106.4% | ||
| Q3 25 | 26.6% | 10.7% | ||
| Q2 25 | 32.4% | 173.3% | ||
| Q1 25 | 17.6% | -20.7% | ||
| Q4 24 | 36.4% | -74.1% | ||
| Q3 24 | 27.3% | 0.6% | ||
| Q2 24 | 39.1% | -112.0% |
资本支出强度BXPSNEX
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.3% | ||
| Q3 25 | 4.9% | 0.1% | ||
| Q2 25 | 8.2% | 1.9% | ||
| Q1 25 | 6.6% | 1.9% | ||
| Q4 24 | 8.3% | 2.1% | ||
| Q3 24 | 6.0% | 0.1% | ||
| Q2 24 | 4.1% | 3.2% |
现金转化率BXPSNEX
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | -9.08× | ||
| Q3 25 | — | 41.18× | ||
| Q2 25 | 3.97× | 23.52× | ||
| Q1 25 | 3.43× | -2.15× | ||
| Q4 24 | — | -5.61× | ||
| Q3 24 | 3.42× | 2.51× | ||
| Q2 24 | 4.61× | -10.05× |
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% |
SNEX
暂无分部数据
