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BXP, Inc.（BXP）与WillScot Holdings Corp（WSC）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WillScot Holdings Corp的1.5倍（$872.1M vs $566.0M），BXP, Inc.净利率更高（15.3% vs -33.1%，领先48.3%），BXP, Inc.同比增速更快（0.8% vs -6.1%），过去两年BXP, Inc.的营收复合增速更高（1.3% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
BXP vs WSC — 直观对比
营收规模更大
BXP
是对方的1.5倍
$566.0M
营收增速更快
BXP
高出6.9%
-6.1%
净利率更高
BXP
高出48.3%
-33.1%
两年增速更快
BXP
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $872.1M | $566.0M |
| 净利润 | $133.0M | $-187.3M |
| 毛利率 | — | 50.4% |
| 营业利润率 | — | -32.5% |
| 净利率 | 15.3% | -33.1% |
| 营收同比 | 0.8% | -6.1% |
| 净利润同比 | 53.0% | -310.0% |
| 每股收益（稀释后） | $1.69 | $-1.02 |
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BXPWSC
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $566.0M | ||
| Q3 25 | $871.5M | $566.8M | ||
| Q2 25 | $868.5M | $589.1M | ||
| Q1 25 | $865.2M | $559.6M | ||
| Q4 24 | $858.6M | $602.5M | ||
| Q3 24 | $859.2M | $601.4M | ||
| Q2 24 | $850.5M | $604.6M |
净利润BXPWSC
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-187.3M | ||
| Q3 25 | $-121.7M | $43.3M | ||
| Q2 25 | $89.0M | $47.9M | ||
| Q1 25 | $61.2M | $43.1M | ||
| Q4 24 | $-228.9M | $89.2M | ||
| Q3 24 | $83.6M | $-70.5M | ||
| Q2 24 | $79.6M | $-46.9M |
毛利率BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 50.4% | ||
| Q3 25 | 59.3% | 49.7% | ||
| Q2 25 | 59.2% | 50.3% | ||
| Q1 25 | 59.2% | 53.7% | ||
| Q4 24 | 59.7% | 55.8% | ||
| Q3 24 | 59.5% | 53.5% | ||
| Q2 24 | 59.8% | 54.1% |
营业利润率BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | — | -32.5% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 21.3% | ||
| Q4 24 | — | 28.9% | ||
| Q3 24 | — | -5.9% | ||
| Q2 24 | — | -0.9% |
净利率BXPWSC
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -33.1% | ||
| Q3 25 | -14.0% | 7.6% | ||
| Q2 25 | 10.2% | 8.1% | ||
| Q1 25 | 7.1% | 7.7% | ||
| Q4 24 | -26.7% | 14.8% | ||
| Q3 24 | 9.7% | -11.7% | ||
| Q2 24 | 9.4% | -7.7% |
每股收益（稀释后）BXPWSC
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-1.02 | ||
| Q3 25 | $-0.77 | $0.24 | ||
| Q2 25 | $0.56 | $0.26 | ||
| Q1 25 | $0.39 | $0.23 | ||
| Q4 24 | $-1.46 | $0.48 | ||
| Q3 24 | $0.53 | $-0.37 | ||
| Q2 24 | $0.51 | $-0.25 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $7.7B | $856.3M |
| 总资产 | $25.1B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资BXPWSC
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $14.6M | ||
| Q3 25 | $861.1M | $14.8M | ||
| Q2 25 | $447.0M | $12.8M | ||
| Q1 25 | $398.1M | $10.7M | ||
| Q4 24 | $1.3B | $9.0M | ||
| Q3 24 | $1.4B | $11.0M | ||
| Q2 24 | $685.4M | $5.9M |
总债务BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B |
股东权益BXPWSC
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $856.3M | ||
| Q3 25 | $5.0B | $1.1B | ||
| Q2 25 | $5.3B | $1.0B | ||
| Q1 25 | $5.3B | $1.0B | ||
| Q4 24 | $5.4B | $1.0B | ||
| Q3 24 | $5.8B | $1.1B | ||
| Q2 24 | $5.8B | $1.2B |
总资产BXPWSC
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $5.8B | ||
| Q3 25 | $26.0B | $6.1B | ||
| Q2 25 | $25.6B | $6.1B | ||
| Q1 25 | $25.4B | $6.0B | ||
| Q4 24 | $26.1B | $6.0B | ||
| Q3 24 | $26.4B | $6.0B | ||
| Q2 24 | $25.5B | $6.0B |
负债/权益比BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× |
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 | — | $158.9M |
| 自由现金流经营现金流 - 资本支出 | — | $149.7M |
| 自由现金流率自由现金流/营收 | — | 26.5% |
| 资本支出强度资本支出/营收 | 1.5% | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $158.9M | ||
| Q3 25 | $274.2M | $191.2M | ||
| Q2 25 | $353.1M | $205.3M | ||
| Q1 25 | $210.0M | $206.6M | ||
| Q4 24 | $383.7M | $178.9M | ||
| Q3 24 | $286.1M | $-1.6M | ||
| Q2 24 | $367.1M | $175.6M |
自由现金流BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $149.7M | ||
| Q3 25 | $231.6M | $186.9M | ||
| Q2 25 | $281.5M | $199.0M | ||
| Q1 25 | $152.6M | $202.0M | ||
| Q4 24 | $312.5M | $176.6M | ||
| Q3 24 | $234.5M | $-4.9M | ||
| Q2 24 | $332.4M | $169.4M |
自由现金流率BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 26.5% | ||
| Q3 25 | 26.6% | 33.0% | ||
| Q2 25 | 32.4% | 33.8% | ||
| Q1 25 | 17.6% | 36.1% | ||
| Q4 24 | 36.4% | 29.3% | ||
| Q3 24 | 27.3% | -0.8% | ||
| Q2 24 | 39.1% | 28.0% |
资本支出强度BXPWSC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.6% | ||
| Q3 25 | 4.9% | 0.7% | ||
| Q2 25 | 8.2% | 1.1% | ||
| Q1 25 | 6.6% | 0.8% | ||
| Q4 24 | 8.3% | 0.4% | ||
| Q3 24 | 6.0% | 0.6% | ||
| Q2 24 | 4.1% | 1.0% |
现金转化率BXPWSC
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | 3.97× | 4.28× | ||
| Q1 25 | 3.43× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| 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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
