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DXC Technology Co（DXC）与CarMax（KMX）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是DXC Technology Co的1.8倍（$5.8B vs $3.2B），DXC Technology Co净利率更高（3.4% vs 1.1%，领先2.3%），DXC Technology Co同比增速更快（-1.0% vs -6.9%），CarMax自由现金流更多（$1.1B vs $359.0M），过去两年CarMax的营收复合增速更高（1.5% vs -2.9%）
DXC Technology是总部位于美国弗吉尼亚州阿什本的跨国信息技术服务与咨询企业，为全球客户提供专业的IT解决方案及相关咨询服务，助力企业实现数字化转型、提升运营效率。
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
DXC vs KMX — 直观对比
营收规模更大
KMX
是对方的1.8倍
$3.2B
营收增速更快
DXC
高出5.9%
-6.9%
净利率更高
DXC
高出2.3%
1.1%
自由现金流更多
KMX
多$754.3M
$359.0M
两年增速更快
KMX
近两年复合增速
-2.9%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $5.8B |
| 净利润 | $107.0M | $62.2M |
| 毛利率 | — | 10.2% |
| 营业利润率 | 8.2% | — |
| 净利率 | 3.4% | 1.1% |
| 营收同比 | -1.0% | -6.9% |
| 净利润同比 | 87.7% | -50.4% |
| 每股收益（稀释后） | $0.61 | $0.43 |
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DXCKMX
| Q4 25 | $3.2B | $5.8B | ||
| Q3 25 | $3.2B | $6.6B | ||
| Q2 25 | $3.2B | $7.5B | ||
| Q1 25 | $3.2B | $6.0B | ||
| Q4 24 | $3.2B | $6.2B | ||
| Q3 24 | $3.2B | $7.0B | ||
| Q2 24 | $3.2B | $7.1B | ||
| Q1 24 | $3.4B | $5.6B |
净利润DXCKMX
| Q4 25 | $107.0M | $62.2M | ||
| Q3 25 | $36.0M | $95.4M | ||
| Q2 25 | $16.0M | $210.4M | ||
| Q1 25 | $264.0M | $89.9M | ||
| Q4 24 | $57.0M | $125.4M | ||
| Q3 24 | $42.0M | $132.8M | ||
| Q2 24 | $26.0M | $152.4M | ||
| Q1 24 | $-200.0M | $50.3M |
毛利率DXCKMX
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 10.4% |
营业利润率DXCKMX
| Q4 25 | 8.2% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 7.3% | 2.0% | ||
| Q4 24 | 8.9% | 2.7% | ||
| Q3 24 | 8.6% | 2.5% | ||
| Q2 24 | 6.9% | 2.9% | ||
| Q1 24 | 8.2% | 1.2% |
净利率DXCKMX
| Q4 25 | 3.4% | 1.1% | ||
| Q3 25 | 1.1% | 1.4% | ||
| Q2 25 | 0.5% | 2.8% | ||
| Q1 25 | 8.3% | 1.5% | ||
| Q4 24 | 1.8% | 2.0% | ||
| Q3 24 | 1.3% | 1.9% | ||
| Q2 24 | 0.8% | 2.1% | ||
| Q1 24 | -5.9% | 0.9% |
每股收益（稀释后）DXCKMX
| Q4 25 | $0.61 | $0.43 | ||
| Q3 25 | $0.20 | $0.64 | ||
| Q2 25 | $0.09 | $1.38 | ||
| Q1 25 | $1.42 | $0.58 | ||
| Q4 24 | $0.31 | $0.81 | ||
| Q3 24 | $0.23 | $0.85 | ||
| Q2 24 | $0.14 | $0.97 | ||
| Q1 24 | $-1.01 | $0.31 |
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 | $1.7B | $204.9M |
| 总债务越低越好 | $3.1B | $16.6B |
| 股东权益账面价值 | $3.1B | $6.1B |
| 总资产 | $13.2B | $25.6B |
| 负债/权益比越低杠杆越低 | 0.98× | 2.74× |
8季度趋势，按日历期对齐
现金及短期投资DXCKMX
| Q4 25 | $1.7B | $204.9M | ||
| Q3 25 | $1.9B | $540.4M | ||
| Q2 25 | $1.8B | $262.8M | ||
| Q1 25 | $1.8B | $247.0M | ||
| Q4 24 | $1.7B | $271.9M | ||
| Q3 24 | $1.2B | $524.7M | ||
| Q2 24 | $1.3B | $218.9M | ||
| Q1 24 | $1.2B | $574.1M |
总债务DXCKMX
| Q4 25 | $3.1B | $16.6B | ||
| Q3 25 | $2.4B | $17.8B | ||
| Q2 25 | $3.1B | $18.0B | ||
| Q1 25 | $3.0B | $18.1B | ||
| Q4 24 | $3.6B | $18.1B | ||
| Q3 24 | $3.8B | $18.1B | ||
| Q2 24 | $3.8B | $18.2B | ||
| Q1 24 | $3.8B | $18.0B |
股东权益DXCKMX
| Q4 25 | $3.1B | $6.1B | ||
| Q3 25 | $3.1B | $6.2B | ||
| Q2 25 | $3.2B | $6.3B | ||
| Q1 25 | $3.2B | $6.2B | ||
| Q4 24 | $3.0B | $6.2B | ||
| Q3 24 | $3.0B | $6.2B | ||
| Q2 24 | $2.9B | $6.2B | ||
| Q1 24 | $2.8B | $6.1B |
总资产DXCKMX
| Q4 25 | $13.2B | $25.6B | ||
| Q3 25 | $13.6B | $27.1B | ||
| Q2 25 | $13.4B | $27.4B | ||
| Q1 25 | $13.2B | $27.4B | ||
| Q4 24 | $13.0B | $27.3B | ||
| Q3 24 | $13.5B | $27.3B | ||
| Q2 24 | $13.4B | $27.2B | ||
| Q1 24 | $13.9B | $27.2B |
负债/权益比DXCKMX
| Q4 25 | 0.98× | 2.74× | ||
| Q3 25 | 0.77× | 2.87× | ||
| Q2 25 | 0.98× | 2.86× | ||
| Q1 25 | 0.93× | 2.91× | ||
| Q4 24 | 1.22× | 2.92× | ||
| Q3 24 | 1.28× | 2.93× | ||
| Q2 24 | 1.32× | 2.95× | ||
| Q1 24 | 1.36× | 2.96× |
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 | $414.0M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $359.0M | $1.1B |
| 自由现金流率自由现金流/营收 | 11.2% | 19.2% |
| 资本支出强度资本支出/营收 | 1.7% | 2.4% |
| 现金转化率经营现金流/净利润 | 3.87× | 20.14× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $1.9B |
8季度趋势，按日历期对齐
经营现金流DXCKMX
| Q4 25 | $414.0M | $1.3B | ||
| Q3 25 | $409.0M | $785.5M | ||
| Q2 25 | $186.0M | $299.5M | ||
| Q1 25 | $315.0M | $146.4M | ||
| Q4 24 | $650.0M | $-23.4M | ||
| Q3 24 | $195.0M | $619.1M | ||
| Q2 24 | $238.0M | $-117.7M | ||
| Q1 24 | $280.0M | $309.6M |
自由现金流DXCKMX
| Q4 25 | $359.0M | $1.1B | ||
| Q3 25 | $365.0M | $654.0M | ||
| Q2 25 | $143.0M | $162.8M | ||
| Q1 25 | $238.0M | $18.8M | ||
| Q4 24 | $568.0M | $-150.6M | ||
| Q3 24 | $154.0M | $509.9M | ||
| Q2 24 | $190.0M | $-221.6M | ||
| Q1 24 | $242.0M | $199.8M |
自由现金流率DXCKMX
| Q4 25 | 11.2% | 19.2% | ||
| Q3 25 | 11.5% | 9.9% | ||
| Q2 25 | 4.5% | 2.2% | ||
| Q1 25 | 7.5% | 0.3% | ||
| Q4 24 | 17.6% | -2.4% | ||
| Q3 24 | 4.8% | 7.3% | ||
| Q2 24 | 5.9% | -3.1% | ||
| Q1 24 | 7.1% | 3.6% |
资本支出强度DXCKMX
| Q4 25 | 1.7% | 2.4% | ||
| Q3 25 | 1.4% | 2.0% | ||
| Q2 25 | 1.4% | 1.8% | ||
| Q1 25 | 2.4% | 2.1% | ||
| Q4 24 | 2.5% | 2.0% | ||
| Q3 24 | 1.3% | 1.6% | ||
| Q2 24 | 1.5% | 1.5% | ||
| Q1 24 | 1.1% | 2.0% |
现金转化率DXCKMX
| Q4 25 | 3.87× | 20.14× | ||
| Q3 25 | 11.36× | 8.24× | ||
| Q2 25 | 11.63× | 1.42× | ||
| Q1 25 | 1.19× | 1.63× | ||
| Q4 24 | 11.40× | -0.19× | ||
| Q3 24 | 4.64× | 4.66× | ||
| Q2 24 | 9.15× | -0.77× | ||
| Q1 24 | — | 6.16× |
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
DXC
| GIS Segment | $1.6B | 50% |
| CES Segment | $1.3B | 40% |
| Insurance Segment | $321.0M | 10% |
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
