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BXP, Inc.（BXP）与Teladoc Health, Inc.（TDOC）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Teladoc Health, Inc.的1.4倍（$872.1M vs $613.8M），BXP, Inc.净利率更高（15.3% vs -10.4%，领先25.6%），BXP, Inc.同比增速更快（0.8% vs -2.5%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -2.3%）
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。
泰莱达克健康是一家跨国远程医疗与虚拟医疗企业，2002年成立，总部位于美国纽约。公司核心业务涵盖远程问诊、医学意见咨询、人工智能与数据分析、远程医疗设备及可授权平台服务，主要通过电话、视频会议软件与移动应用，为用户提供随时可及的远程医疗服务。
BXP vs TDOC — 直观对比
营收规模更大
BXP
是对方的1.4倍
$613.8M
营收增速更快
BXP
高出3.3%
-2.5%
净利率更高
BXP
高出25.6%
-10.4%
两年增速更快
BXP
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $613.8M |
| 净利润 | $133.0M | $-63.8M |
| 毛利率 | — | — |
| 营业利润率 | — | -10.1% |
| 净利率 | 15.3% | -10.4% |
| 营收同比 | 0.8% | -2.5% |
| 净利润同比 | 53.0% | 31.4% |
| 每股收益（稀释后） | $1.69 | $-0.36 |
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BXPTDOC
| Q1 26 | $872.1M | $613.8M | ||
| Q4 25 | $877.1M | $642.3M | ||
| Q3 25 | $871.5M | $626.4M | ||
| Q2 25 | $868.5M | $631.9M | ||
| Q1 25 | $865.2M | $629.4M | ||
| Q4 24 | $858.6M | $640.5M | ||
| Q3 24 | $859.2M | $640.5M | ||
| Q2 24 | $850.5M | $642.4M |
净利润BXPTDOC
| Q1 26 | $133.0M | $-63.8M | ||
| Q4 25 | $248.4M | — | ||
| Q3 25 | $-121.7M | $-49.5M | ||
| Q2 25 | $89.0M | $-32.7M | ||
| Q1 25 | $61.2M | $-93.0M | ||
| Q4 24 | $-228.9M | — | ||
| Q3 24 | $83.6M | $-33.3M | ||
| Q2 24 | $79.6M | $-837.7M |
毛利率BXPTDOC
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
营业利润率BXPTDOC
| Q1 26 | — | -10.1% | ||
| Q4 25 | — | -5.6% | ||
| Q3 25 | — | -8.3% | ||
| Q2 25 | — | -8.6% | ||
| Q1 25 | — | -19.2% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -6.9% | ||
| Q2 24 | — | -130.9% |
净利率BXPTDOC
| Q1 26 | 15.3% | -10.4% | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | -14.0% | -7.9% | ||
| Q2 25 | 10.2% | -5.2% | ||
| Q1 25 | 7.1% | -14.8% | ||
| Q4 24 | -26.7% | — | ||
| Q3 24 | 9.7% | -5.2% | ||
| Q2 24 | 9.4% | -130.4% |
每股收益（稀释后）BXPTDOC
| Q1 26 | $1.69 | $-0.36 | ||
| Q4 25 | $1.56 | $-0.14 | ||
| Q3 25 | $-0.77 | $-0.28 | ||
| Q2 25 | $0.56 | $-0.19 | ||
| Q1 25 | $0.39 | $-0.53 | ||
| Q4 24 | $-1.46 | $-0.27 | ||
| Q3 24 | $0.53 | $-0.19 | ||
| Q2 24 | $0.51 | $-4.92 |
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 | $750.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.3B |
| 总资产 | $25.1B | $2.8B |
| 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BXPTDOC
| Q1 26 | $512.8M | $750.7M | ||
| Q4 25 | $1.5B | $781.1M | ||
| Q3 25 | $861.1M | $726.2M | ||
| Q2 25 | $447.0M | $679.6M | ||
| Q1 25 | $398.1M | $1.2B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $685.4M | $1.2B |
股东权益BXPTDOC
| Q1 26 | $7.7B | $1.3B | ||
| Q4 25 | $5.1B | $1.4B | ||
| Q3 25 | $5.0B | $1.4B | ||
| Q2 25 | $5.3B | $1.4B | ||
| Q1 25 | $5.3B | $1.4B | ||
| Q4 24 | $5.4B | $1.5B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.8B | $1.5B |
总资产BXPTDOC
| Q1 26 | $25.1B | $2.8B | ||
| Q4 25 | $26.2B | $2.9B | ||
| Q3 25 | $26.0B | $2.9B | ||
| Q2 25 | $25.6B | $2.9B | ||
| Q1 25 | $25.4B | $3.4B | ||
| Q4 24 | $26.1B | $3.5B | ||
| Q3 24 | $26.4B | $3.5B | ||
| Q2 24 | $25.5B | $3.5B |
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 | — | $9.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-26.3M |
| 自由现金流率自由现金流/营收 | — | -4.3% |
| 资本支出强度资本支出/营收 | 1.5% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $246.0M |
8季度趋势，按日历期对齐
经营现金流BXPTDOC
| Q1 26 | — | $9.5M | ||
| Q4 25 | $407.8M | $87.7M | ||
| Q3 25 | $274.2M | $99.3M | ||
| Q2 25 | $353.1M | $91.4M | ||
| Q1 25 | $210.0M | $15.9M | ||
| Q4 24 | $383.7M | $85.9M | ||
| Q3 24 | $286.1M | $110.2M | ||
| Q2 24 | $367.1M | $88.7M |
自由现金流BXPTDOC
| Q1 26 | — | $-26.3M | ||
| Q4 25 | $362.7M | $85.1M | ||
| Q3 25 | $231.6M | $97.0M | ||
| Q2 25 | $281.5M | $90.2M | ||
| Q1 25 | $152.6M | $13.2M | ||
| Q4 24 | $312.5M | $79.8M | ||
| Q3 24 | $234.5M | $108.6M | ||
| Q2 24 | $332.4M | $86.8M |
自由现金流率BXPTDOC
| Q1 26 | — | -4.3% | ||
| Q4 25 | 41.4% | 13.3% | ||
| Q3 25 | 26.6% | 15.5% | ||
| Q2 25 | 32.4% | 14.3% | ||
| Q1 25 | 17.6% | 2.1% | ||
| Q4 24 | 36.4% | 12.5% | ||
| Q3 24 | 27.3% | 17.0% | ||
| Q2 24 | 39.1% | 13.5% |
资本支出强度BXPTDOC
| Q1 26 | 1.5% | 0.3% | ||
| Q4 25 | 5.1% | 0.4% | ||
| Q3 25 | 4.9% | 0.4% | ||
| Q2 25 | 8.2% | 0.2% | ||
| Q1 25 | 6.6% | 0.4% | ||
| Q4 24 | 8.3% | 1.0% | ||
| Q3 24 | 6.0% | 0.2% | ||
| Q2 24 | 4.1% | 0.3% |
现金转化率BXPTDOC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| 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% |
TDOC
| U.S | $491.5M | 80% |
| International | $122.3M | 20% |
