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BXP, Inc.（BXP）与Taylor Morrison Home Corp（TMHC）财务数据对比。点击上方公司名可切换其他公司
Taylor Morrison Home Corp的季度营收约是BXP, Inc.的1.6倍（$1.4B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 7.1%，领先8.1%），BXP, Inc.同比增速更快（0.8% vs -26.8%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -16.5%）
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。
泰勒莫里森住房公司是美国规模最大的住宅建筑商之一，总部位于亚利桑那州斯科茨代尔，2007年7月由泰勒伍德罗与莫里森住房合并成立。公司业务覆盖亚利桑那、加利福尼亚、得克萨斯等十余个州，产品涵盖首次置业、中端及中高端住宅，可满足不同层级客户的住房需求。
BXP vs TMHC — 直观对比
营收规模更大
TMHC
是对方的1.6倍
$872.1M
营收增速更快
BXP
高出27.6%
-26.8%
净利率更高
BXP
高出8.1%
7.1%
两年增速更快
BXP
近两年复合增速
-16.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.4B |
| 净利润 | $133.0M | $98.6M |
| 毛利率 | — | 21.0% |
| 营业利润率 | — | — |
| 净利率 | 15.3% | 7.1% |
| 营收同比 | 0.8% | -26.8% |
| 净利润同比 | 53.0% | -53.8% |
| 每股收益（稀释后） | $1.69 | $1.12 |
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BXPTMHC
| Q1 26 | $872.1M | $1.4B | ||
| Q4 25 | $877.1M | $2.1B | ||
| Q3 25 | $871.5M | $2.1B | ||
| Q2 25 | $868.5M | $2.0B | ||
| Q1 25 | $865.2M | $1.9B | ||
| Q4 24 | $858.6M | $2.4B | ||
| Q3 24 | $859.2M | $2.1B | ||
| Q2 24 | $850.5M | $2.0B |
净利润BXPTMHC
| Q1 26 | $133.0M | $98.6M | ||
| Q4 25 | $248.4M | $174.0M | ||
| Q3 25 | $-121.7M | $201.4M | ||
| Q2 25 | $89.0M | $193.6M | ||
| Q1 25 | $61.2M | $213.5M | ||
| Q4 24 | $-228.9M | $242.5M | ||
| Q3 24 | $83.6M | $251.1M | ||
| Q2 24 | $79.6M | $199.5M |
毛利率BXPTMHC
| Q1 26 | — | 21.0% | ||
| Q4 25 | 58.8% | 22.0% | ||
| Q3 25 | 59.3% | 22.7% | ||
| Q2 25 | 59.2% | 23.0% | ||
| Q1 25 | 59.2% | 24.4% | ||
| Q4 24 | 59.7% | 23.9% | ||
| Q3 24 | 59.5% | 25.0% | ||
| Q2 24 | 59.8% | 23.7% |
净利率BXPTMHC
| Q1 26 | 15.3% | 7.1% | ||
| Q4 25 | 28.3% | 8.3% | ||
| Q3 25 | -14.0% | 9.6% | ||
| Q2 25 | 10.2% | 9.5% | ||
| Q1 25 | 7.1% | 11.3% | ||
| Q4 24 | -26.7% | 10.3% | ||
| Q3 24 | 9.7% | 11.8% | ||
| Q2 24 | 9.4% | 10.0% |
每股收益（稀释后）BXPTMHC
| Q1 26 | $1.69 | $1.12 | ||
| Q4 25 | $1.56 | $1.77 | ||
| Q3 25 | $-0.77 | $2.01 | ||
| Q2 25 | $0.56 | $1.92 | ||
| Q1 25 | $0.39 | $2.07 | ||
| Q4 24 | $-1.46 | $2.29 | ||
| Q3 24 | $0.53 | $2.37 | ||
| Q2 24 | $0.51 | $1.86 |
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 | $652.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $6.2B |
| 总资产 | $25.1B | $9.8B |
| 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BXPTMHC
| Q1 26 | $512.8M | $652.9M | ||
| Q4 25 | $1.5B | $850.0M | ||
| Q3 25 | $861.1M | $370.6M | ||
| Q2 25 | $447.0M | $130.2M | ||
| Q1 25 | $398.1M | $377.8M | ||
| Q4 24 | $1.3B | $487.2M | ||
| Q3 24 | $1.4B | $256.4M | ||
| Q2 24 | $685.4M | $246.8M |
总债务BXPTMHC
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.2B |
股东权益BXPTMHC
| Q1 26 | $7.7B | $6.2B | ||
| Q4 25 | $5.1B | $6.3B | ||
| Q3 25 | $5.0B | $6.2B | ||
| Q2 25 | $5.3B | $6.1B | ||
| Q1 25 | $5.3B | $6.0B | ||
| Q4 24 | $5.4B | $5.9B | ||
| Q3 24 | $5.8B | $5.7B | ||
| Q2 24 | $5.8B | $5.5B |
总资产BXPTMHC
| Q1 26 | $25.1B | $9.8B | ||
| Q4 25 | $26.2B | $9.8B | ||
| Q3 25 | $26.0B | $9.6B | ||
| Q2 25 | $25.6B | $9.5B | ||
| Q1 25 | $25.4B | $9.4B | ||
| Q4 24 | $26.1B | $9.3B | ||
| Q3 24 | $26.4B | $9.3B | ||
| Q2 24 | $25.5B | $9.1B |
负债/权益比BXPTMHC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.36× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× |
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% |
TMHC
| Home closings revenue, net | $1.3B | 95% |
| Financial services revenue, net | $49.3M | 4% |
| Land closings revenue | $14.5M | 1% |
| Amenity and other revenue | $11.9M | 1% |
