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爱彼迎（ABNB）与DXP ENTERPRISES INC（DXPE）财务数据对比。点击上方公司名可切换其他公司
爱彼迎的季度营收约是DXP ENTERPRISES INC的5.3倍（$2.8B vs $527.4M）。爱彼迎净利率更高（12.3% vs 4.3%，领先7.9%）。爱彼迎同比增速更快（12.0% vs 12.0%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 13.1%）
爱彼迎是全球知名的旅行住宿及体验共享平台，成立于2007年，2010年正式启用现名。平台连接全球各地的房东与旅客，用户可通过网页或移动端预订私人客房、普通住宅、度假屋等多元住宿，也可报名参与当地特色体验项目，是共享经济领域的代表性企业。
DXP Enterprises Inc.是一家领先的工业分销企业，提供维护、维修、运营（MRO）用品、流体处理设备、泵系统及相关技术服务，主要服务制造业、能源、矿业、建筑等领域客户，核心市场覆盖北美地区。
ABNB vs DXPE — 直观对比
营收规模更大
ABNB
是对方的5.3倍
$527.4M
营收增速更快
ABNB
高出0.0%
12.0%
净利率更高
ABNB
高出7.9%
4.3%
两年增速更快
ABNB
近两年复合增速
13.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $527.4M |
| 净利润 | $341.0M | $22.8M |
| 毛利率 | 82.5% | 31.6% |
| 营业利润率 | 9.7% | 8.8% |
| 净利率 | 12.3% | 4.3% |
| 营收同比 | 12.0% | 12.0% |
| 净利润同比 | -26.0% | 6.9% |
| 每股收益（稀释后） | — | $1.38 |
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ABNBDXPE
| Q4 25 | $2.8B | $527.4M | ||
| Q3 25 | $4.1B | $513.7M | ||
| Q2 25 | $3.1B | $498.7M | ||
| Q1 25 | $2.3B | $476.6M | ||
| Q4 24 | $2.5B | $470.9M | ||
| Q3 24 | $3.7B | $472.9M | ||
| Q2 24 | $2.7B | $445.6M | ||
| Q1 24 | $2.1B | $412.6M |
净利润ABNBDXPE
| Q4 25 | $341.0M | $22.8M | ||
| Q3 25 | $1.4B | $21.6M | ||
| Q2 25 | $642.0M | $23.6M | ||
| Q1 25 | $154.0M | $20.6M | ||
| Q4 24 | $461.0M | $21.4M | ||
| Q3 24 | $1.4B | $21.1M | ||
| Q2 24 | $555.0M | $16.7M | ||
| Q1 24 | $264.0M | $11.3M |
毛利率ABNBDXPE
| Q4 25 | 82.5% | 31.6% | ||
| Q3 25 | 86.6% | 31.4% | ||
| Q2 25 | 82.4% | 31.6% | ||
| Q1 25 | 77.7% | 31.5% | ||
| Q4 24 | 82.8% | 31.5% | ||
| Q3 24 | 87.5% | 30.9% | ||
| Q2 24 | 81.6% | 30.9% | ||
| Q1 24 | 77.6% | 30.0% |
营业利润率ABNBDXPE
| Q4 25 | 9.7% | 8.8% | ||
| Q3 25 | 39.7% | 8.5% | ||
| Q2 25 | 19.8% | 9.2% | ||
| Q1 25 | 1.7% | 8.5% | ||
| Q4 24 | 17.3% | 8.3% | ||
| Q3 24 | 40.9% | 8.4% | ||
| Q2 24 | 18.1% | 8.4% | ||
| Q1 24 | 4.7% | 7.1% |
净利率ABNBDXPE
| Q4 25 | 12.3% | 4.3% | ||
| Q3 25 | 33.6% | 4.2% | ||
| Q2 25 | 20.7% | 4.7% | ||
| Q1 25 | 6.8% | 4.3% | ||
| Q4 24 | 18.6% | 4.5% | ||
| Q3 24 | 36.7% | 4.5% | ||
| Q2 24 | 20.2% | 3.7% | ||
| Q1 24 | 12.3% | 2.7% |
每股收益（稀释后）ABNBDXPE
| Q4 25 | — | $1.38 | ||
| Q3 25 | — | $1.31 | ||
| Q2 25 | — | $1.43 | ||
| Q1 25 | — | $1.25 | ||
| Q4 24 | — | $1.28 | ||
| Q3 24 | — | $1.27 | ||
| Q2 24 | — | $1.00 | ||
| Q1 24 | — | $0.67 |
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 | $11.0B | $303.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $498.4M |
| 总资产 | $22.2B | $1.7B |
| 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ABNBDXPE
| Q4 25 | $11.0B | $303.8M | ||
| Q3 25 | $11.7B | $123.8M | ||
| Q2 25 | $11.4B | $112.9M | ||
| Q1 25 | $11.5B | $114.3M | ||
| Q4 24 | $10.6B | $148.3M | ||
| Q3 24 | $11.3B | $35.0M | ||
| Q2 24 | $11.3B | $49.9M | ||
| Q1 24 | $11.1B | $139.7M |
股东权益ABNBDXPE
| Q4 25 | $8.2B | $498.4M | ||
| Q3 25 | $8.6B | $488.3M | ||
| Q2 25 | $7.8B | $468.1M | ||
| Q1 25 | $7.9B | $444.7M | ||
| Q4 24 | $8.4B | $422.8M | ||
| Q3 24 | $8.5B | $402.4M | ||
| Q2 24 | $8.0B | $384.7M | ||
| Q1 24 | $7.9B | $375.5M |
总资产ABNBDXPE
| Q4 25 | $22.2B | $1.7B | ||
| Q3 25 | $23.1B | $1.4B | ||
| Q2 25 | $27.0B | $1.4B | ||
| Q1 25 | $25.1B | $1.4B | ||
| Q4 24 | $21.0B | $1.3B | ||
| Q3 24 | $22.2B | $1.2B | ||
| Q2 24 | $26.3B | $1.2B | ||
| Q1 24 | $24.5B | $1.2B |
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 | $526.0M | $37.8M |
| 自由现金流经营现金流 - 资本支出 | — | $34.5M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.65× |
| 过去12个月自由现金流最近4个季度 | — | $54.0M |
8季度趋势，按日历期对齐
经营现金流ABNBDXPE
| Q4 25 | $526.0M | $37.8M | ||
| Q3 25 | $1.4B | $34.9M | ||
| Q2 25 | $975.0M | $18.6M | ||
| Q1 25 | $1.8B | $3.0M | ||
| Q4 24 | $466.0M | $32.1M | ||
| Q3 24 | $1.1B | $28.3M | ||
| Q2 24 | $1.1B | $14.7M | ||
| Q1 24 | $1.9B | $27.0M |
自由现金流ABNBDXPE
| Q4 25 | — | $34.5M | ||
| Q3 25 | — | $28.1M | ||
| Q2 25 | — | $8.3M | ||
| Q1 25 | — | $-16.9M | ||
| Q4 24 | — | $22.7M | ||
| Q3 24 | — | $24.4M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | — | $24.1M |
自由现金流率ABNBDXPE
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | -3.6% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 5.8% |
资本支出强度ABNBDXPE
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 0.7% |
现金转化率ABNBDXPE
| Q4 25 | 1.54× | 1.65× | ||
| Q3 25 | 0.99× | 1.61× | ||
| Q2 25 | 1.52× | 0.79× | ||
| Q1 25 | 11.62× | 0.14× | ||
| Q4 24 | 1.01× | 1.50× | ||
| Q3 24 | 0.79× | 1.34× | ||
| Q2 24 | 1.89× | 0.88× | ||
| Q1 24 | 7.28× | 2.38× |
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
ABNB
| North America | $1.1B | 41% |
| EMEA | $930.0M | 33% |
| Latin America | $351.0M | 13% |
| Other | $351.0M | 13% |
DXPE
| Service Centers | $356.2M | 68% |
| Innovative Pumping Solutions | $110.0M | 21% |
| Supply Chain Services | $61.2M | 12% |
