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BXP, Inc.（BXP）与Vontier Corp（VNT）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Vontier Corp的1.1倍（$872.1M vs $808.5M），Vontier Corp净利率更高（15.3% vs 15.3%，领先0.0%），Vontier Corp同比增速更快（4.1% vs 0.8%），过去两年Vontier Corp的营收复合增速更高（3.4% 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。
Vontier Corp是一家总部位于美国北卡罗来纳州罗利市的工业制造企业，旗下拥有Gilbarco Veeder-Root、Matco Tools、Teletrac Navman等核心品牌，还控股Hennessy Industries、Gasboy、全球交通技术（GTT）等多家子公司，业务覆盖多个工业制造细分领域。
BXP vs VNT — 直观对比
营收规模更大
BXP
是对方的1.1倍
$808.5M
营收增速更快
VNT
高出3.3%
0.8%
净利率更高
VNT
高出0.0%
15.3%
两年增速更快
VNT
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $808.5M |
| 净利润 | $133.0M | $123.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 18.9% |
| 净利率 | 15.3% | 15.3% |
| 营收同比 | 0.8% | 4.1% |
| 净利润同比 | 53.0% | 0.0% |
| 每股收益（稀释后） | $1.69 | $0.85 |
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BXPVNT
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $808.5M | ||
| Q3 25 | $871.5M | $752.5M | ||
| Q2 25 | $868.5M | $773.5M | ||
| Q1 25 | $865.2M | $741.1M | ||
| Q4 24 | $858.6M | $776.8M | ||
| Q3 24 | $859.2M | $750.0M | ||
| Q2 24 | $850.5M | $696.4M |
净利润BXPVNT
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $123.5M | ||
| Q3 25 | $-121.7M | $102.8M | ||
| Q2 25 | $89.0M | $91.9M | ||
| Q1 25 | $61.2M | $87.9M | ||
| Q4 24 | $-228.9M | $123.5M | ||
| Q3 24 | $83.6M | $91.8M | ||
| Q2 24 | $79.6M | $70.1M |
毛利率BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | 47.3% | ||
| Q2 25 | 59.2% | 47.9% | ||
| Q1 25 | 59.2% | 47.3% | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | 47.2% | ||
| Q2 24 | 59.8% | 48.2% |
营业利润率BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | — | 18.9% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 17.6% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 17.5% | ||
| Q2 24 | — | 16.4% |
净利率BXPVNT
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 15.3% | ||
| Q3 25 | -14.0% | 13.7% | ||
| Q2 25 | 10.2% | 11.9% | ||
| Q1 25 | 7.1% | 11.9% | ||
| Q4 24 | -26.7% | 15.9% | ||
| Q3 24 | 9.7% | 12.2% | ||
| Q2 24 | 9.4% | 10.1% |
每股收益（稀释后）BXPVNT
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.85 | ||
| Q3 25 | $-0.77 | $0.70 | ||
| Q2 25 | $0.56 | $0.62 | ||
| Q1 25 | $0.39 | $0.59 | ||
| Q4 24 | $-1.46 | $0.82 | ||
| Q3 24 | $0.53 | $0.60 | ||
| Q2 24 | $0.51 | $0.45 |
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 | $492.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $1.2B |
| 总资产 | $25.1B | $4.4B |
| 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BXPVNT
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $492.2M | ||
| Q3 25 | $861.1M | $433.8M | ||
| Q2 25 | $447.0M | $364.2M | ||
| Q1 25 | $398.1M | $333.6M | ||
| Q4 24 | $1.3B | $356.4M | ||
| Q3 24 | $1.4B | $330.9M | ||
| Q2 24 | $685.4M | $331.3M |
股东权益BXPVNT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.2B | ||
| Q3 25 | $5.0B | $1.2B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.3B | $1.1B | ||
| Q4 24 | $5.4B | $1.1B | ||
| Q3 24 | $5.8B | $1.0B | ||
| Q2 24 | $5.8B | $1.0B |
总资产BXPVNT
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $4.4B | ||
| Q3 25 | $26.0B | $4.4B | ||
| Q2 25 | $25.6B | $4.4B | ||
| Q1 25 | $25.4B | $4.3B | ||
| Q4 24 | $26.1B | $4.3B | ||
| 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 | — | $190.1M |
| 自由现金流经营现金流 - 资本支出 | — | $174.8M |
| 自由现金流率自由现金流/营收 | — | 21.6% |
| 资本支出强度资本支出/营收 | 1.5% | 1.9% |
| 现金转化率经营现金流/净利润 | — | 1.54× |
| 过去12个月自由现金流最近4个季度 | — | $441.1M |
8季度趋势，按日历期对齐
经营现金流BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $190.1M | ||
| Q3 25 | $274.2M | $110.5M | ||
| Q2 25 | $353.1M | $100.0M | ||
| Q1 25 | $210.0M | $110.4M | ||
| Q4 24 | $383.7M | $168.1M | ||
| Q3 24 | $286.1M | $121.8M | ||
| Q2 24 | $367.1M | $46.1M |
自由现金流BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $174.8M | ||
| Q3 25 | $231.6M | $90.3M | ||
| Q2 25 | $281.5M | $83.3M | ||
| Q1 25 | $152.6M | $92.7M | ||
| Q4 24 | $312.5M | $148.0M | ||
| Q3 24 | $234.5M | $103.2M | ||
| Q2 24 | $332.4M | $22.3M |
自由现金流率BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 21.6% | ||
| Q3 25 | 26.6% | 12.0% | ||
| Q2 25 | 32.4% | 10.8% | ||
| Q1 25 | 17.6% | 12.5% | ||
| Q4 24 | 36.4% | 19.1% | ||
| Q3 24 | 27.3% | 13.8% | ||
| Q2 24 | 39.1% | 3.2% |
资本支出强度BXPVNT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.9% | ||
| Q3 25 | 4.9% | 2.7% | ||
| Q2 25 | 8.2% | 2.2% | ||
| Q1 25 | 6.6% | 2.4% | ||
| Q4 24 | 8.3% | 2.6% | ||
| Q3 24 | 6.0% | 2.5% | ||
| Q2 24 | 4.1% | 3.4% |
现金转化率BXPVNT
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.54× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | 3.97× | 1.09× | ||
| Q1 25 | 3.43× | 1.26× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | 3.42× | 1.33× | ||
| Q2 24 | 4.61× | 0.66× |
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% |
VNT
| Environmental Fueling Solutions Segment | $387.5M | 48% |
| Services | $191.0M | 24% |
| Repair Solutions Segment | $144.5M | 18% |
| Other | $85.5M | 11% |
