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DOCUSIGN, INC.（DOCU）与EAGLE MATERIALS INC（EXP）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是EAGLE MATERIALS INC的1.5倍（$818.4M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 10.2%，领先8.3%），DOCUSIGN, INC.同比增速更快（8.4% vs -0.4%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $60.8M）
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
DOCU vs EXP — 直观对比
营收规模更大
DOCU
是对方的1.5倍
$556.0M
营收增速更快
DOCU
高出8.8%
-0.4%
净利率更高
EXP
高出8.3%
10.2%
自由现金流更多
DOCU
多$202.1M
$60.8M
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $818.4M | $556.0M |
| 净利润 | $83.7M | $102.9M |
| 毛利率 | 79.2% | 28.9% |
| 营业利润率 | 10.4% | — |
| 净利率 | 10.2% | 18.5% |
| 营收同比 | 8.4% | -0.4% |
| 净利润同比 | 34.1% | -13.9% |
| 每股收益（稀释后） | $0.40 | $3.22 |
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DOCUEXP
| Q4 25 | $818.4M | $556.0M | ||
| Q3 25 | $800.6M | $638.9M | ||
| Q2 25 | $763.7M | $634.7M | ||
| Q1 25 | — | $470.2M | ||
| Q4 24 | — | $558.0M | ||
| Q3 24 | — | $623.6M | ||
| Q2 24 | — | $608.7M | ||
| Q1 24 | — | $476.7M |
净利润DOCUEXP
| Q4 25 | $83.7M | $102.9M | ||
| Q3 25 | $63.0M | $137.4M | ||
| Q2 25 | $72.1M | $123.4M | ||
| Q1 25 | — | $66.5M | ||
| Q4 24 | — | $119.6M | ||
| Q3 24 | — | $143.5M | ||
| Q2 24 | — | $133.8M | ||
| Q1 24 | — | $77.1M |
毛利率DOCUEXP
| Q4 25 | 79.2% | 28.9% | ||
| Q3 25 | 79.3% | 31.3% | ||
| Q2 25 | 79.4% | 29.2% | ||
| Q1 25 | — | 22.2% | ||
| Q4 24 | — | 31.9% | ||
| Q3 24 | — | 32.7% | ||
| Q2 24 | — | 30.7% | ||
| Q1 24 | — | 25.1% |
营业利润率DOCUEXP
| Q4 25 | 10.4% | — | ||
| Q3 25 | 8.1% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 32.8% | ||
| Q3 24 | — | 34.2% | ||
| Q2 24 | — | 32.0% | ||
| Q1 24 | — | 26.9% |
净利率DOCUEXP
| Q4 25 | 10.2% | 18.5% | ||
| Q3 25 | 7.9% | 21.5% | ||
| Q2 25 | 9.4% | 19.4% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 23.0% | ||
| Q2 24 | — | 22.0% | ||
| Q1 24 | — | 16.2% |
每股收益（稀释后）DOCUEXP
| Q4 25 | $0.40 | $3.22 | ||
| Q3 25 | $0.30 | $4.23 | ||
| Q2 25 | $0.34 | $3.76 | ||
| Q1 25 | — | $2.01 | ||
| Q4 24 | — | $3.56 | ||
| Q3 24 | — | $4.26 | ||
| Q2 24 | — | $3.94 | ||
| Q1 24 | — | $2.23 |
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 | $583.3M | $419.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.5B |
| 总资产 | $4.0B | $3.8B |
| 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DOCUEXP
| Q4 25 | $583.3M | $419.0M | ||
| Q3 25 | $600.0M | $35.0M | ||
| Q2 25 | $657.4M | $59.7M | ||
| Q1 25 | — | $20.4M | ||
| Q4 24 | — | $31.2M | ||
| Q3 24 | — | $93.9M | ||
| Q2 24 | — | $46.5M | ||
| Q1 24 | — | $34.9M |
总债务DOCUEXP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.1B |
股东权益DOCUEXP
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $2.0B | $1.5B | ||
| Q2 25 | $2.0B | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
总资产DOCUEXP
| Q4 25 | $4.0B | $3.8B | ||
| Q3 25 | $3.9B | $3.4B | ||
| Q2 25 | $3.9B | $3.4B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $2.9B |
负债/权益比DOCUEXP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.84× |
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 | $290.3M | $170.8M |
| 自由现金流经营现金流 - 资本支出 | $262.9M | $60.8M |
| 自由现金流率自由现金流/营收 | 32.1% | 10.9% |
| 资本支出强度资本支出/营收 | 3.3% | 19.8% |
| 现金转化率经营现金流/净利润 | 3.47× | 1.66× |
| 过去12个月自由现金流最近4个季度 | — | $231.8M |
8季度趋势，按日历期对齐
经营现金流DOCUEXP
| Q4 25 | $290.3M | $170.8M | ||
| Q3 25 | $246.1M | $204.6M | ||
| Q2 25 | $251.4M | $136.6M | ||
| Q1 25 | — | $62.8M | ||
| Q4 24 | — | $119.9M | ||
| Q3 24 | — | $233.3M | ||
| Q2 24 | — | $132.6M | ||
| Q1 24 | — | $63.4M |
自由现金流DOCUEXP
| Q4 25 | $262.9M | $60.8M | ||
| Q3 25 | $217.6M | $96.1M | ||
| Q2 25 | $227.8M | $60.5M | ||
| Q1 25 | — | $14.5M | ||
| Q4 24 | — | $72.5M | ||
| Q3 24 | — | $166.8M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $30.9M |
自由现金流率DOCUEXP
| Q4 25 | 32.1% | 10.9% | ||
| Q3 25 | 27.2% | 15.0% | ||
| Q2 25 | 29.8% | 9.5% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | 6.5% |
资本支出强度DOCUEXP
| Q4 25 | 3.3% | 19.8% | ||
| Q3 25 | 3.6% | 17.0% | ||
| Q2 25 | 3.1% | 12.0% | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 10.7% | ||
| Q2 24 | — | 5.4% | ||
| Q1 24 | — | 6.8% |
现金转化率DOCUEXP
| Q4 25 | 3.47× | 1.66× | ||
| Q3 25 | 3.91× | 1.49× | ||
| Q2 25 | 3.49× | 1.11× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | — | 1.00× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 0.82× |
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
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
