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BXP, Inc.（BXP）与URBAN OUTFITTERS INC（URBN）财务数据对比。点击上方公司名可切换其他公司
URBAN OUTFITTERS INC的季度营收约是BXP, Inc.的1.8倍（$1.5B vs $872.1M），BXP, Inc.净利率更高（15.3% vs 7.6%，领先7.6%），URBAN OUTFITTERS INC同比增速更快（12.3% vs 0.8%），过去两年URBAN OUTFITTERS INC的营收复合增速更高（1.4% 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。
URBN是总部位于美国宾夕法尼亚州费城的跨国生活方式零售企业，旗下Urban Outfitters品牌面向年轻消费群体，产品涵盖男女时装、鞋履、美妆个护、配饰、运动服饰装备、家居用品及音乐周边等，业务覆盖美国、英国、加拿大、部分西欧国家、波兰、阿联酋、科威特、卡塔尔等市场。
BXP vs URBN — 直观对比
营收规模更大
URBN
是对方的1.8倍
$872.1M
营收增速更快
URBN
高出11.5%
0.8%
净利率更高
BXP
高出7.6%
7.6%
两年增速更快
URBN
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $1.5B |
| 净利润 | $133.0M | $116.4M |
| 毛利率 | — | 36.8% |
| 营业利润率 | — | 9.4% |
| 净利率 | 15.3% | 7.6% |
| 营收同比 | 0.8% | 12.3% |
| 净利润同比 | 53.0% | 13.1% |
| 每股收益（稀释后） | $1.69 | $1.28 |
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BXPURBN
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.5B | ||
| Q3 25 | $871.5M | $1.5B | ||
| Q2 25 | $868.5M | $1.3B | ||
| Q1 25 | $865.2M | $1.6B | ||
| Q4 24 | $858.6M | $1.4B | ||
| Q3 24 | $859.2M | $1.4B | ||
| Q2 24 | $850.5M | $1.2B |
净利润BXPURBN
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $116.4M | ||
| Q3 25 | $-121.7M | $143.9M | ||
| Q2 25 | $89.0M | $108.3M | ||
| Q1 25 | $61.2M | $120.3M | ||
| Q4 24 | $-228.9M | $102.9M | ||
| Q3 24 | $83.6M | $117.5M | ||
| Q2 24 | $79.6M | $61.8M |
毛利率BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 36.8% | ||
| Q3 25 | 59.3% | 37.6% | ||
| Q2 25 | 59.2% | 36.8% | ||
| Q1 25 | 59.2% | 32.3% | ||
| Q4 24 | 59.7% | 36.5% | ||
| Q3 24 | 59.5% | 36.5% | ||
| Q2 24 | 59.8% | 34.0% |
营业利润率BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 10.7% | ||
| Q2 24 | — | 6.2% |
净利率BXPURBN
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 7.6% | ||
| Q3 25 | -14.0% | 9.6% | ||
| Q2 25 | 10.2% | 8.1% | ||
| Q1 25 | 7.1% | 7.4% | ||
| Q4 24 | -26.7% | 7.6% | ||
| Q3 24 | 9.7% | 8.7% | ||
| Q2 24 | 9.4% | 5.1% |
每股收益（稀释后）BXPURBN
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.28 | ||
| Q3 25 | $-0.77 | $1.58 | ||
| Q2 25 | $0.56 | $1.16 | ||
| Q1 25 | $0.39 | $1.27 | ||
| Q4 24 | $-1.46 | $1.10 | ||
| Q3 24 | $0.53 | $1.24 | ||
| Q2 24 | $0.51 | $0.65 |
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 | $306.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $2.7B |
| 总资产 | $25.1B | $4.9B |
| 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BXPURBN
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $306.6M | ||
| Q3 25 | $861.1M | $332.2M | ||
| Q2 25 | $447.0M | $189.4M | ||
| Q1 25 | $398.1M | $290.5M | ||
| Q4 24 | $1.3B | $182.5M | ||
| Q3 24 | $1.4B | $209.1M | ||
| Q2 24 | $685.4M | $174.0M |
股东权益BXPURBN
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $2.7B | ||
| Q3 25 | $5.0B | $2.6B | ||
| Q2 25 | $5.3B | $2.4B | ||
| Q1 25 | $5.3B | $2.5B | ||
| Q4 24 | $5.4B | $2.4B | ||
| Q3 24 | $5.8B | $2.2B | ||
| Q2 24 | $5.8B | $2.2B |
总资产BXPURBN
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.9B | ||
| Q3 25 | $26.0B | $4.7B | ||
| Q2 25 | $25.6B | $4.5B | ||
| Q1 25 | $25.4B | $4.5B | ||
| Q4 24 | $26.1B | $4.5B | ||
| Q3 24 | $26.4B | $4.3B | ||
| Q2 24 | $25.5B | $4.2B |
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 | — | $61.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-22.8M |
| 自由现金流率自由现金流/营收 | — | -1.5% |
| 资本支出强度资本支出/营收 | 1.5% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.53× |
| 过去12个月自由现金流最近4个季度 | — | $402.7M |
8季度趋势，按日历期对齐
经营现金流BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $61.1M | ||
| Q3 25 | $274.2M | $218.0M | ||
| Q2 25 | $353.1M | $33.0M | ||
| Q1 25 | $210.0M | $320.5M | ||
| Q4 24 | $383.7M | $18.5M | ||
| Q3 24 | $286.1M | $105.3M | ||
| Q2 24 | $367.1M | $58.6M |
自由现金流BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-22.8M | ||
| Q3 25 | $231.6M | $156.6M | ||
| Q2 25 | $281.5M | $-13.1M | ||
| Q1 25 | $152.6M | $281.9M | ||
| Q4 24 | $312.5M | $-26.6M | ||
| Q3 24 | $234.5M | $47.5M | ||
| Q2 24 | $332.4M | $17.5M |
自由现金流率BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -1.5% | ||
| Q3 25 | 26.6% | 10.4% | ||
| Q2 25 | 32.4% | -1.0% | ||
| Q1 25 | 17.6% | 17.2% | ||
| Q4 24 | 36.4% | -2.0% | ||
| Q3 24 | 27.3% | 3.5% | ||
| Q2 24 | 39.1% | 1.5% |
资本支出强度BXPURBN
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 5.5% | ||
| Q3 25 | 4.9% | 4.1% | ||
| Q2 25 | 8.2% | 3.5% | ||
| Q1 25 | 6.6% | 2.4% | ||
| Q4 24 | 8.3% | 3.3% | ||
| Q3 24 | 6.0% | 4.3% | ||
| Q2 24 | 4.1% | 3.4% |
现金转化率BXPURBN
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 0.53× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | 3.97× | 0.30× | ||
| Q1 25 | 3.43× | 2.66× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | 3.42× | 0.90× | ||
| Q2 24 | 4.61× | 0.95× |
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% |
URBN
| Apparel | $861.4M | 56% |
| Home | $187.0M | 12% |
| Accessories | $182.6M | 12% |
| Subscription Operations | $144.6M | 9% |
| Wholesale Operations | $88.3M | 6% |
| Other | $65.3M | 4% |
