vs
BXP, Inc.（BXP）与TTEC Holdings, Inc.（TTEC）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TTEC Holdings, Inc.的1.5倍（$872.1M vs $570.0M），BXP, Inc.净利率更高（15.3% vs -29.9%，领先45.2%），BXP, Inc.同比增速更快（0.8% vs 0.4%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -0.6%）
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。
TTEC Holdings, Inc.是一家提供客户体验技术与服务的美国企业，总部运营中心位于得克萨斯州奥斯汀，专注为各行业客户打造全链路客户体验解决方案，凭借专业技术与服务能力深耕全球客户体验服务领域多年。
BXP vs TTEC — 直观对比
营收规模更大
BXP
是对方的1.5倍
$570.0M
营收增速更快
BXP
高出0.4%
0.4%
净利率更高
BXP
高出45.2%
-29.9%
两年增速更快
BXP
近两年复合增速
-0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $570.0M |
| 净利润 | $133.0M | $-170.5M |
| 毛利率 | — | — |
| 营业利润率 | — | -30.3% |
| 净利率 | 15.3% | -29.9% |
| 营收同比 | 0.8% | 0.4% |
| 净利润同比 | 53.0% | -3791.9% |
| 每股收益（稀释后） | $1.69 | $-3.57 |
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BXPTTEC
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $570.0M | ||
| Q3 25 | $871.5M | $519.1M | ||
| Q2 25 | $868.5M | $513.6M | ||
| Q1 25 | $865.2M | $534.2M | ||
| Q4 24 | $858.6M | $567.4M | ||
| Q3 24 | $859.2M | $529.4M | ||
| Q2 24 | $850.5M | $534.1M |
净利润BXPTTEC
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-170.5M | ||
| Q3 25 | $-121.7M | $-13.4M | ||
| Q2 25 | $89.0M | $-8.0M | ||
| Q1 25 | $61.2M | $1.4M | ||
| Q4 24 | $-228.9M | $4.6M | ||
| Q3 24 | $83.6M | $-21.1M | ||
| Q2 24 | $79.6M | $-299.5M |
毛利率BXPTTEC
| 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BXPTTEC
| Q1 26 | — | — | ||
| Q4 25 | — | -30.3% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | -42.0% |
净利率BXPTTEC
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -29.9% | ||
| Q3 25 | -14.0% | -2.6% | ||
| Q2 25 | 10.2% | -1.6% | ||
| Q1 25 | 7.1% | 0.3% | ||
| Q4 24 | -26.7% | 0.8% | ||
| Q3 24 | 9.7% | -4.0% | ||
| Q2 24 | 9.4% | -56.1% |
每股收益（稀释后）BXPTTEC
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-3.57 | ||
| Q3 25 | $-0.77 | $-0.28 | ||
| Q2 25 | $0.56 | $-0.17 | ||
| Q1 25 | $0.39 | $0.03 | ||
| Q4 24 | $-1.46 | $0.05 | ||
| Q3 24 | $0.53 | $-0.44 | ||
| Q2 24 | $0.51 | $-6.30 |
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 | $82.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $112.9M |
| 总资产 | $25.1B | $1.5B |
| 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BXPTTEC
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $82.9M | ||
| Q3 25 | $861.1M | $73.5M | ||
| Q2 25 | $447.0M | $82.6M | ||
| Q1 25 | $398.1M | $85.1M | ||
| Q4 24 | $1.3B | $85.0M | ||
| Q3 24 | $1.4B | $96.9M | ||
| Q2 24 | $685.4M | $79.8M |
股东权益BXPTTEC
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $112.9M | ||
| Q3 25 | $5.0B | $280.8M | ||
| Q2 25 | $5.3B | $295.2M | ||
| Q1 25 | $5.3B | $281.5M | ||
| Q4 24 | $5.4B | $268.1M | ||
| Q3 24 | $5.8B | $295.1M | ||
| Q2 24 | $5.8B | $304.2M |
总资产BXPTTEC
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $1.5B | ||
| Q3 25 | $26.0B | $1.7B | ||
| Q2 25 | $25.6B | $1.7B | ||
| Q1 25 | $25.4B | $1.7B | ||
| Q4 24 | $26.1B | $1.8B | ||
| Q3 24 | $26.4B | $1.8B | ||
| Q2 24 | $25.5B | $1.8B |
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 | — | $2.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.2M |
| 自由现金流率自由现金流/营收 | — | -1.6% |
| 资本支出强度资本支出/营收 | 1.5% | 2.1% |
| 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 | — | $83.0M |
8季度趋势，按日历期对齐
经营现金流BXPTTEC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $2.6M | ||
| Q3 25 | $274.2M | $4.2M | ||
| Q2 25 | $353.1M | $92.7M | ||
| Q1 25 | $210.0M | $21.6M | ||
| Q4 24 | $383.7M | $-1.1M | ||
| Q3 24 | $286.1M | $-91.4M | ||
| Q2 24 | $367.1M | $49.3M |
自由现金流BXPTTEC
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-9.2M | ||
| Q3 25 | $231.6M | $-9.6M | ||
| Q2 25 | $281.5M | $85.5M | ||
| Q1 25 | $152.6M | $16.2M | ||
| Q4 24 | $312.5M | $-9.8M | ||
| Q3 24 | $234.5M | $-100.2M | ||
| Q2 24 | $332.4M | $35.1M |
自由现金流率BXPTTEC
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -1.6% | ||
| Q3 25 | 26.6% | -1.8% | ||
| Q2 25 | 32.4% | 16.7% | ||
| Q1 25 | 17.6% | 3.0% | ||
| Q4 24 | 36.4% | -1.7% | ||
| Q3 24 | 27.3% | -18.9% | ||
| Q2 24 | 39.1% | 6.6% |
资本支出强度BXPTTEC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 2.1% | ||
| Q3 25 | 4.9% | 2.7% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 1.0% | ||
| Q4 24 | 8.3% | 1.5% | ||
| Q3 24 | 6.0% | 1.7% | ||
| Q2 24 | 4.1% | 2.7% |
现金转化率BXPTTEC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | 15.60× | ||
| Q4 24 | — | -0.24× | ||
| 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% |
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
