vs
BXP, Inc.（BXP）与UNIFIRST CORP（UNF）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UNIFIRST CORP的1.4倍（$872.1M vs $621.3M），BXP, Inc.净利率更高（15.3% vs 5.5%，领先9.7%），UNIFIRST CORP同比增速更快（2.7% vs 0.8%），过去两年UNIFIRST CORP的营收复合增速更高（2.3% 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。
UniFirst是总部位于美国马萨诸塞州威尔明顿的职业工装租赁服务商，业务覆盖工装及防护服装的生产、销售与租赁。公司拥有超过1.4万名员工，在美、加、欧设有260多处运营网点，涵盖客服中心、核净化设施、洁净车间、配送中心及生产工厂。
BXP vs UNF — 直观对比
营收规模更大
BXP
是对方的1.4倍
$621.3M
营收增速更快
UNF
高出1.9%
0.8%
净利率更高
BXP
高出9.7%
5.5%
两年增速更快
UNF
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $621.3M |
| 净利润 | $133.0M | $34.4M |
| 毛利率 | — | 36.7% |
| 营业利润率 | — | 7.3% |
| 净利率 | 15.3% | 5.5% |
| 营收同比 | 0.8% | 2.7% |
| 净利润同比 | 53.0% | -20.3% |
| 每股收益（稀释后） | $1.69 | $1.89 |
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BXPUNF
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $621.3M | ||
| Q3 25 | $871.5M | $614.4M | ||
| Q2 25 | $868.5M | $610.8M | ||
| Q1 25 | $865.2M | — | ||
| Q4 24 | $858.6M | $604.9M | ||
| Q3 24 | $859.2M | $639.9M | ||
| Q2 24 | $850.5M | $603.3M |
净利润BXPUNF
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $34.4M | ||
| Q3 25 | $-121.7M | $41.0M | ||
| Q2 25 | $89.0M | $39.7M | ||
| Q1 25 | $61.2M | — | ||
| Q4 24 | $-228.9M | $43.1M | ||
| Q3 24 | $83.6M | $44.6M | ||
| Q2 24 | $79.6M | $38.1M |
毛利率BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 36.7% | ||
| Q3 25 | 59.3% | 37.8% | ||
| Q2 25 | 59.2% | 36.9% | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | 37.0% | ||
| Q3 24 | 59.5% | 36.1% | ||
| Q2 24 | 59.8% | 35.2% |
营业利润率BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 8.1% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 9.2% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 8.0% |
净利率BXPUNF
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 5.5% | ||
| Q3 25 | -14.0% | 6.7% | ||
| Q2 25 | 10.2% | 6.5% | ||
| Q1 25 | 7.1% | — | ||
| Q4 24 | -26.7% | 7.1% | ||
| Q3 24 | 9.7% | 7.0% | ||
| Q2 24 | 9.4% | 6.3% |
每股收益（稀释后）BXPUNF
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.89 | ||
| Q3 25 | $-0.77 | $2.23 | ||
| Q2 25 | $0.56 | $2.13 | ||
| Q1 25 | $0.39 | — | ||
| Q4 24 | $-1.46 | $2.31 | ||
| Q3 24 | $0.53 | $2.39 | ||
| Q2 24 | $0.51 | $2.03 |
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 | $129.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.2B |
| 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BXPUNF
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $129.5M | ||
| Q3 25 | $861.1M | $209.2M | ||
| Q2 25 | $447.0M | $211.9M | ||
| Q1 25 | $398.1M | — | ||
| Q4 24 | $1.3B | $181.0M | ||
| Q3 24 | $1.4B | $175.1M | ||
| Q2 24 | $685.4M | $125.4M |
股东权益BXPUNF
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.2B | ||
| Q3 25 | $5.0B | $2.2B | ||
| Q2 25 | $5.3B | $2.2B | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.4B | $2.1B | ||
| Q3 24 | $5.8B | $2.1B | ||
| Q2 24 | $5.8B | $2.1B |
总资产BXPUNF
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.8B | ||
| Q3 25 | $26.0B | $2.8B | ||
| Q2 25 | $25.6B | $2.8B | ||
| Q1 25 | $25.4B | — | ||
| Q4 24 | $26.1B | $2.7B | ||
| Q3 24 | $26.4B | $2.7B | ||
| Q2 24 | $25.5B | $2.7B |
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 | — | $14.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-24.0M |
| 自由现金流率自由现金流/营收 | — | -3.9% |
| 资本支出强度资本支出/营收 | 1.5% | 6.3% |
| 现金转化率经营现金流/净利润 | — | 0.43× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $14.9M | ||
| Q3 25 | $274.2M | — | ||
| Q2 25 | $353.1M | $138.4M | ||
| Q1 25 | $210.0M | — | ||
| Q4 24 | $383.7M | $58.1M | ||
| Q3 24 | $286.1M | $102.3M | ||
| Q2 24 | $367.1M | $86.3M |
自由现金流BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-24.0M | ||
| Q3 25 | $231.6M | — | ||
| Q2 25 | $281.5M | $62.1M | ||
| Q1 25 | $152.6M | — | ||
| Q4 24 | $312.5M | $24.6M | ||
| Q3 24 | $234.5M | $63.8M | ||
| Q2 24 | $332.4M | $37.3M |
自由现金流率BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -3.9% | ||
| Q3 25 | 26.6% | — | ||
| Q2 25 | 32.4% | 10.2% | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 36.4% | 4.1% | ||
| Q3 24 | 27.3% | 10.0% | ||
| Q2 24 | 39.1% | 6.2% |
资本支出强度BXPUNF
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 6.3% | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | 8.2% | 12.5% | ||
| Q1 25 | 6.6% | — | ||
| Q4 24 | 8.3% | 5.5% | ||
| Q3 24 | 6.0% | 6.0% | ||
| Q2 24 | 4.1% | 8.1% |
现金转化率BXPUNF
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.43× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | 3.49× | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 1.35× | ||
| Q3 24 | 3.42× | 2.29× | ||
| Q2 24 | 4.61× | 2.27× |
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% |
UNF
| Uniforms And Facility Service Solutions | $568.8M | 92% |
| First Aid And Safety Solutions | $30.8M | 5% |
| Other | $22.9M | 4% |
| Served As An Senior Officer | $400.0K | 0% |
