vs
Custom Truck One Source, Inc.（CTOS）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
DXP ENTERPRISES INC的季度营收约是Custom Truck One Source, Inc.的1.2倍（$527.4M vs $422.2M），DXP ENTERPRISES INC净利率更高（4.3% vs -4.2%，领先8.5%），DXP ENTERPRISES INC同比增速更快（12.0% vs -8.5%），过去两年Custom Truck One Source, Inc.的营收复合增速更高（14.8% vs 13.1%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
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。
CTOS vs DXPE — 直观对比
营收规模更大
DXPE
是对方的1.2倍
$422.2M
营收增速更快
DXPE
高出20.5%
-8.5%
净利率更高
DXPE
高出8.5%
-4.2%
两年增速更快
CTOS
近两年复合增速
13.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $527.4M |
| 净利润 | $-17.8M | $22.8M |
| 毛利率 | 20.3% | 31.6% |
| 营业利润率 | 2.9% | 8.8% |
| 净利率 | -4.2% | 4.3% |
| 营收同比 | -8.5% | 12.0% |
| 净利润同比 | -333.7% | 6.9% |
| 每股收益（稀释后） | $-0.08 | $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CTOSDXPE
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $527.4M | ||
| Q3 25 | $359.9M | $513.7M | ||
| Q2 25 | $392.2M | $498.7M | ||
| Q1 25 | $307.1M | $476.6M | ||
| Q4 24 | $398.3M | $470.9M | ||
| Q3 24 | $337.5M | $472.9M | ||
| Q2 24 | $320.6M | $445.6M |
净利润CTOSDXPE
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $22.8M | ||
| Q3 25 | $-5.8M | $21.6M | ||
| Q2 25 | $-28.4M | $23.6M | ||
| Q1 25 | $-17.8M | $20.6M | ||
| Q4 24 | $27.6M | $21.4M | ||
| Q3 24 | $-17.4M | $21.1M | ||
| Q2 24 | $-24.5M | $16.7M |
毛利率CTOSDXPE
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 31.6% | ||
| Q3 25 | 28.0% | 31.4% | ||
| Q2 25 | 26.1% | 31.6% | ||
| Q1 25 | 27.9% | 31.5% | ||
| Q4 24 | 29.7% | 31.5% | ||
| Q3 24 | 27.2% | 30.9% | ||
| Q2 24 | 27.8% | 30.9% |
营业利润率CTOSDXPE
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | 8.8% | ||
| Q3 25 | 9.1% | 8.5% | ||
| Q2 25 | 7.1% | 9.2% | ||
| Q1 25 | 4.0% | 8.5% | ||
| Q4 24 | 16.9% | 8.3% | ||
| Q3 24 | 6.8% | 8.4% | ||
| Q2 24 | 5.5% | 8.4% |
净利率CTOSDXPE
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 4.3% | ||
| Q3 25 | -1.6% | 4.2% | ||
| Q2 25 | -7.2% | 4.7% | ||
| Q1 25 | -5.8% | 4.3% | ||
| Q4 24 | 6.9% | 4.5% | ||
| Q3 24 | -5.2% | 4.5% | ||
| Q2 24 | -7.6% | 3.7% |
每股收益（稀释后）CTOSDXPE
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $1.38 | ||
| Q3 25 | $-0.03 | $1.31 | ||
| Q2 25 | $-0.13 | $1.43 | ||
| Q1 25 | $-0.08 | $1.25 | ||
| Q4 24 | $0.11 | $1.28 | ||
| Q3 24 | $-0.07 | $1.27 | ||
| Q2 24 | $-0.10 | $1.00 |
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 | $6.3M | $303.8M |
| 总债务越低越好 | $25.9M | — |
| 股东权益账面价值 | $809.1M | $498.4M |
| 总资产 | $3.4B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资CTOSDXPE
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $303.8M | ||
| Q3 25 | $13.1M | $123.8M | ||
| Q2 25 | $5.3M | $112.9M | ||
| Q1 25 | $5.4M | $114.3M | ||
| Q4 24 | $3.8M | $148.3M | ||
| Q3 24 | $8.4M | $35.0M | ||
| Q2 24 | $8.1M | $49.9M |
总债务CTOSDXPE
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | — |
股东权益CTOSDXPE
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $498.4M | ||
| Q3 25 | $784.7M | $488.3M | ||
| Q2 25 | $790.1M | $468.1M | ||
| Q1 25 | $813.4M | $444.7M | ||
| Q4 24 | $861.3M | $422.8M | ||
| Q3 24 | $837.5M | $402.4M | ||
| Q2 24 | $856.7M | $384.7M |
总资产CTOSDXPE
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $1.7B | ||
| Q3 25 | $3.5B | $1.4B | ||
| Q2 25 | $3.6B | $1.4B | ||
| Q1 25 | $3.5B | $1.4B | ||
| Q4 24 | $3.5B | $1.3B | ||
| Q3 24 | $3.6B | $1.2B | ||
| Q2 24 | $3.5B | $1.2B |
负债/权益比CTOSDXPE
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.79× | — |
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 | — | $37.8M |
| 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 | — | 1.65× |
| 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CTOSDXPE
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $37.8M | ||
| Q3 25 | $81.5M | $34.9M | ||
| Q2 25 | $125.7M | $18.6M | ||
| Q1 25 | $55.6M | $3.0M | ||
| Q4 24 | $82.1M | $32.1M | ||
| Q3 24 | $16.5M | $28.3M | ||
| Q2 24 | $37.8M | $14.7M |
自由现金流CTOSDXPE
| Q1 26 | — | — | ||
| 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 |
自由现金流率CTOSDXPE
| Q1 26 | — | — | ||
| 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% |
资本支出强度CTOSDXPE
| Q1 26 | — | — | ||
| 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% |
现金转化率CTOSDXPE
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 1.65× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 0.79× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | 2.98× | 1.50× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.88× |
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
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
DXPE
| Service Centers | $356.2M | 68% |
| Innovative Pumping Solutions | $110.0M | 21% |
| Supply Chain Services | $61.2M | 12% |
