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BXP, Inc.（BXP）与Vestis Corp（VSTS）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Vestis Corp的1.3倍（$872.1M vs $663.4M），BXP, Inc.净利率更高（15.3% vs -1.0%，领先16.2%），BXP, Inc.同比增速更快（0.8% vs -3.0%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -3.0%）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
BXP vs VSTS — 直观对比
营收规模更大
BXP
是对方的1.3倍
$663.4M
营收增速更快
BXP
高出3.8%
-3.0%
净利率更高
BXP
高出16.2%
-1.0%
两年增速更快
BXP
近两年复合增速
-3.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $663.4M |
| 净利润 | $133.0M | $-6.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 2.5% |
| 净利率 | 15.3% | -1.0% |
| 营收同比 | 0.8% | -3.0% |
| 净利润同比 | 53.0% | -868.1% |
| 每股收益（稀释后） | $1.69 | $-0.05 |
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BXPVSTS
| Q1 26 | $872.1M | $663.4M | ||
| Q4 25 | $877.1M | $712.0M | ||
| Q3 25 | $871.5M | — | ||
| Q2 25 | $868.5M | $673.8M | ||
| Q1 25 | $865.2M | $665.2M | ||
| Q4 24 | $858.6M | $683.8M | ||
| Q3 24 | $859.2M | $684.3M | ||
| Q2 24 | $850.5M | $698.2M |
净利润BXPVSTS
| Q1 26 | $133.0M | $-6.4M | ||
| Q4 25 | $248.4M | $-12.5M | ||
| Q3 25 | $-121.7M | — | ||
| Q2 25 | $89.0M | $-676.0K | ||
| Q1 25 | $61.2M | $-27.8M | ||
| Q4 24 | $-228.9M | $832.0K | ||
| Q3 24 | $83.6M | $-2.3M | ||
| Q2 24 | $79.6M | $5.0M |
毛利率BXPVSTS
| 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BXPVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 5.4% |
净利率BXPVSTS
| Q1 26 | 15.3% | -1.0% | ||
| Q4 25 | 28.3% | -1.8% | ||
| Q3 25 | -14.0% | — | ||
| Q2 25 | 10.2% | -0.1% | ||
| Q1 25 | 7.1% | -4.2% | ||
| Q4 24 | -26.7% | 0.1% | ||
| Q3 24 | 9.7% | -0.3% | ||
| Q2 24 | 9.4% | 0.7% |
每股收益（稀释后）BXPVSTS
| Q1 26 | $1.69 | $-0.05 | ||
| Q4 25 | $1.56 | $-0.10 | ||
| Q3 25 | $-0.77 | — | ||
| Q2 25 | $0.56 | $-0.01 | ||
| Q1 25 | $0.39 | $-0.21 | ||
| Q4 24 | $-1.46 | $0.01 | ||
| Q3 24 | $0.53 | $-0.02 | ||
| Q2 24 | $0.51 | $0.04 |
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 | $41.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $864.4M |
| 总资产 | $25.1B | $2.9B |
| 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BXPVSTS
| Q1 26 | $512.8M | $41.5M | ||
| Q4 25 | $1.5B | $29.7M | ||
| Q3 25 | $861.1M | — | ||
| Q2 25 | $447.0M | $23.7M | ||
| Q1 25 | $398.1M | $28.8M | ||
| Q4 24 | $1.3B | $18.6M | ||
| Q3 24 | $1.4B | $31.0M | ||
| Q2 24 | $685.4M | $29.1M |
总债务BXPVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益BXPVSTS
| Q1 26 | $7.7B | $864.4M | ||
| Q4 25 | $5.1B | $865.6M | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | $882.2M | ||
| Q1 25 | $5.3B | $876.3M | ||
| Q4 24 | $5.4B | $899.6M | ||
| Q3 24 | $5.8B | $903.1M | ||
| Q2 24 | $5.8B | $901.2M |
总资产BXPVSTS
| Q1 26 | $25.1B | $2.9B | ||
| Q4 25 | $26.2B | $2.9B | ||
| Q3 25 | $26.0B | — | ||
| Q2 25 | $25.6B | $2.9B | ||
| Q1 25 | $25.4B | $2.9B | ||
| Q4 24 | $26.1B | $2.9B | ||
| Q3 24 | $26.4B | $2.9B | ||
| Q2 24 | $25.5B | $3.1B |
负债/权益比BXPVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.35× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | — |
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 | — | $37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $28.3M |
| 自由现金流率自由现金流/营收 | — | 4.3% |
| 资本支出强度资本支出/营收 | 1.5% | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流BXPVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $407.8M | $30.9M | ||
| Q3 25 | $274.2M | — | ||
| Q2 25 | $353.1M | $22.9M | ||
| Q1 25 | $210.0M | $6.7M | ||
| Q4 24 | $383.7M | $3.8M | ||
| Q3 24 | $286.1M | $295.6M | ||
| Q2 24 | $367.1M | $48.7M |
自由现金流BXPVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | $362.7M | $15.6M | ||
| Q3 25 | $231.6M | — | ||
| Q2 25 | $281.5M | $8.0M | ||
| Q1 25 | $152.6M | $-6.9M | ||
| Q4 24 | $312.5M | $-11.0M | ||
| Q3 24 | $234.5M | $267.5M | ||
| Q2 24 | $332.4M | $27.7M |
自由现金流率BXPVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | 41.4% | 2.2% | ||
| Q3 25 | 26.6% | — | ||
| Q2 25 | 32.4% | 1.2% | ||
| Q1 25 | 17.6% | -1.0% | ||
| Q4 24 | 36.4% | -1.6% | ||
| Q3 24 | 27.3% | 39.1% | ||
| Q2 24 | 39.1% | 4.0% |
资本支出强度BXPVSTS
| Q1 26 | 1.5% | 1.4% | ||
| Q4 25 | 5.1% | 2.2% | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | 8.2% | 2.2% | ||
| Q1 25 | 6.6% | 2.0% | ||
| Q4 24 | 8.3% | 2.2% | ||
| Q3 24 | 6.0% | 4.1% | ||
| Q2 24 | 4.1% | 3.0% |
现金转化率BXPVSTS
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | 4.54× | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
