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BXP, Inc.（BXP）与Stagwell Inc（STGW）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Stagwell Inc的1.1倍（$872.1M vs $807.4M），BXP, Inc.净利率更高（15.3% vs 1.6%，领先13.7%），Stagwell Inc同比增速更快（2.4% vs 0.8%），过去两年Stagwell Inc的营收复合增速更高（9.8% 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。
Stagwell Inc是一家全球营销传播集团，由马克·佩恩于2015年创立，前身为Stagwell Group。2020年集团宣布计划与关联企业MDC Partners合并，该合并交易于2021年8月正式完成，目前业务覆盖全球多个市场，为客户提供整合营销、品牌传播等专业服务。
BXP vs STGW — 直观对比
营收规模更大
BXP
是对方的1.1倍
$807.4M
营收增速更快
STGW
高出1.6%
0.8%
净利率更高
BXP
高出13.7%
1.6%
两年增速更快
STGW
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $807.4M |
| 净利润 | $133.0M | $12.7M |
| 毛利率 | — | 37.6% |
| 营业利润率 | — | 7.0% |
| 净利率 | 15.3% | 1.6% |
| 营收同比 | 0.8% | 2.4% |
| 净利润同比 | 53.0% | 291.3% |
| 每股收益（稀释后） | $1.69 | — |
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BXPSTGW
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $807.4M | ||
| Q3 25 | $871.5M | $743.0M | ||
| Q2 25 | $868.5M | $706.8M | ||
| Q1 25 | $865.2M | $651.7M | ||
| Q4 24 | $858.6M | $788.7M | ||
| Q3 24 | $859.2M | $711.3M | ||
| Q2 24 | $850.5M | $671.2M |
净利润BXPSTGW
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $12.7M | ||
| Q3 25 | $-121.7M | $24.6M | ||
| Q2 25 | $89.0M | $-5.3M | ||
| Q1 25 | $61.2M | $-2.9M | ||
| Q4 24 | $-228.9M | $3.2M | ||
| Q3 24 | $83.6M | $3.3M | ||
| Q2 24 | $79.6M | $-3.0M |
毛利率BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 37.6% | ||
| Q3 25 | 59.3% | 36.6% | ||
| Q2 25 | 59.2% | 35.0% | ||
| Q1 25 | 59.2% | 36.8% | ||
| Q4 24 | 59.7% | 36.3% | ||
| Q3 24 | 59.5% | 35.7% | ||
| Q2 24 | 59.8% | 34.6% |
营业利润率BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | — | 7.0% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 3.3% |
净利率BXPSTGW
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 1.6% | ||
| Q3 25 | -14.0% | 3.3% | ||
| Q2 25 | 10.2% | -0.7% | ||
| Q1 25 | 7.1% | -0.4% | ||
| Q4 24 | -26.7% | 0.4% | ||
| Q3 24 | 9.7% | 0.5% | ||
| Q2 24 | 9.4% | -0.4% |
每股收益（稀释后）BXPSTGW
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | — | ||
| Q3 25 | $-0.77 | — | ||
| Q2 25 | $0.56 | — | ||
| Q1 25 | $0.39 | — | ||
| Q4 24 | $-1.46 | — | ||
| Q3 24 | $0.53 | — | ||
| Q2 24 | $0.51 | — |
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 | $104.5M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $7.7B | $758.4M |
| 总资产 | $25.1B | $4.2B |
| 负债/权益比越低杠杆越低 | — | 1.75× |
8季度趋势，按日历期对齐
现金及短期投资BXPSTGW
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $104.5M | ||
| Q3 25 | $861.1M | $132.2M | ||
| Q2 25 | $447.0M | $181.3M | ||
| Q1 25 | $398.1M | $137.7M | ||
| Q4 24 | $1.3B | $131.3M | ||
| Q3 24 | $1.4B | $145.8M | ||
| Q2 24 | $685.4M | $136.1M |
总债务BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.4B |
股东权益BXPSTGW
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $758.4M | ||
| Q3 25 | $5.0B | $749.0M | ||
| Q2 25 | $5.3B | $750.1M | ||
| Q1 25 | $5.3B | $334.4M | ||
| Q4 24 | $5.4B | $331.7M | ||
| Q3 24 | $5.8B | $286.4M | ||
| Q2 24 | $5.8B | $291.6M |
总资产BXPSTGW
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.2B | ||
| Q3 25 | $26.0B | $4.3B | ||
| Q2 25 | $25.6B | $4.3B | ||
| Q1 25 | $25.4B | $4.0B | ||
| Q4 24 | $26.1B | $3.9B | ||
| Q3 24 | $26.4B | $3.8B | ||
| Q2 24 | $25.5B | $3.8B |
负债/权益比BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | — | 4.38× | ||
| Q4 24 | — | 4.08× | ||
| Q3 24 | — | 5.11× | ||
| Q2 24 | — | 4.88× |
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 | — | $260.3M |
| 自由现金流经营现金流 - 资本支出 | — | $242.9M |
| 自由现金流率自由现金流/营收 | — | 30.1% |
| 资本支出强度资本支出/营收 | 1.5% | 2.2% |
| 现金转化率经营现金流/净利润 | — | 20.56× |
| 过去12个月自由现金流最近4个季度 | — | $247.3M |
8季度趋势，按日历期对齐
经营现金流BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $260.3M | ||
| Q3 25 | $274.2M | $-24.0M | ||
| Q2 25 | $353.1M | $114.8M | ||
| Q1 25 | $210.0M | $-60.0M | ||
| Q4 24 | $383.7M | $212.1M | ||
| Q3 24 | $286.1M | $-1.6M | ||
| Q2 24 | $367.1M | $-14.5M |
自由现金流BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $242.9M | ||
| Q3 25 | $231.6M | $-38.8M | ||
| Q2 25 | $281.5M | $107.1M | ||
| Q1 25 | $152.6M | $-63.9M | ||
| Q4 24 | $312.5M | $209.9M | ||
| Q3 24 | $234.5M | $-4.3M | ||
| Q2 24 | $332.4M | $-23.0M |
自由现金流率BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 30.1% | ||
| Q3 25 | 26.6% | -5.2% | ||
| Q2 25 | 32.4% | 15.1% | ||
| Q1 25 | 17.6% | -9.8% | ||
| Q4 24 | 36.4% | 26.6% | ||
| Q3 24 | 27.3% | -0.6% | ||
| Q2 24 | 39.1% | -3.4% |
资本支出强度BXPSTGW
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.2% | ||
| Q3 25 | 4.9% | 2.0% | ||
| Q2 25 | 8.2% | 1.1% | ||
| Q1 25 | 6.6% | 0.6% | ||
| Q4 24 | 8.3% | 0.3% | ||
| Q3 24 | 6.0% | 0.4% | ||
| Q2 24 | 4.1% | 1.3% |
现金转化率BXPSTGW
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 20.56× | ||
| Q3 25 | — | -0.98× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 65.56× | ||
| Q3 24 | 3.42× | -0.49× | ||
| 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% |
STGW
暂无分部数据
