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DXP ENTERPRISES INC（DXPE）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
EAGLE MATERIALS INC的季度营收约是DXP ENTERPRISES INC的1.1倍（$556.0M vs $527.4M），EAGLE MATERIALS INC净利率更高（18.5% vs 4.3%，领先14.2%），DXP ENTERPRISES INC同比增速更快（12.0% vs -0.4%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $34.5M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs 8.0%）
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。
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。
DXPE vs EXP — 直观对比
营收规模更大
EXP
是对方的1.1倍
$527.4M
营收增速更快
DXPE
高出12.4%
-0.4%
净利率更高
EXP
高出14.2%
4.3%
自由现金流更多
EXP
多$26.3M
$34.5M
两年增速更快
DXPE
近两年复合增速
8.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $556.0M |
| 净利润 | $22.8M | $102.9M |
| 毛利率 | 31.6% | 28.9% |
| 营业利润率 | 8.8% | — |
| 净利率 | 4.3% | 18.5% |
| 营收同比 | 12.0% | -0.4% |
| 净利润同比 | 6.9% | -13.9% |
| 每股收益（稀释后） | $1.38 | $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DXPEEXP
| Q4 25 | $527.4M | $556.0M | ||
| Q3 25 | $513.7M | $638.9M | ||
| Q2 25 | $498.7M | $634.7M | ||
| Q1 25 | $476.6M | $470.2M | ||
| Q4 24 | $470.9M | $558.0M | ||
| Q3 24 | $472.9M | $623.6M | ||
| Q2 24 | $445.6M | $608.7M | ||
| Q1 24 | $412.6M | $476.7M |
净利润DXPEEXP
| Q4 25 | $22.8M | $102.9M | ||
| Q3 25 | $21.6M | $137.4M | ||
| Q2 25 | $23.6M | $123.4M | ||
| Q1 25 | $20.6M | $66.5M | ||
| Q4 24 | $21.4M | $119.6M | ||
| Q3 24 | $21.1M | $143.5M | ||
| Q2 24 | $16.7M | $133.8M | ||
| Q1 24 | $11.3M | $77.1M |
毛利率DXPEEXP
| Q4 25 | 31.6% | 28.9% | ||
| Q3 25 | 31.4% | 31.3% | ||
| Q2 25 | 31.6% | 29.2% | ||
| Q1 25 | 31.5% | 22.2% | ||
| Q4 24 | 31.5% | 31.9% | ||
| Q3 24 | 30.9% | 32.7% | ||
| Q2 24 | 30.9% | 30.7% | ||
| Q1 24 | 30.0% | 25.1% |
营业利润率DXPEEXP
| Q4 25 | 8.8% | — | ||
| Q3 25 | 8.5% | — | ||
| Q2 25 | 9.2% | — | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 8.3% | 32.8% | ||
| Q3 24 | 8.4% | 34.2% | ||
| Q2 24 | 8.4% | 32.0% | ||
| Q1 24 | 7.1% | 26.9% |
净利率DXPEEXP
| Q4 25 | 4.3% | 18.5% | ||
| Q3 25 | 4.2% | 21.5% | ||
| Q2 25 | 4.7% | 19.4% | ||
| Q1 25 | 4.3% | 14.1% | ||
| Q4 24 | 4.5% | 21.4% | ||
| Q3 24 | 4.5% | 23.0% | ||
| Q2 24 | 3.7% | 22.0% | ||
| Q1 24 | 2.7% | 16.2% |
每股收益（稀释后）DXPEEXP
| Q4 25 | $1.38 | $3.22 | ||
| Q3 25 | $1.31 | $4.23 | ||
| Q2 25 | $1.43 | $3.76 | ||
| Q1 25 | $1.25 | $2.01 | ||
| Q4 24 | $1.28 | $3.56 | ||
| Q3 24 | $1.27 | $4.26 | ||
| Q2 24 | $1.00 | $3.94 | ||
| Q1 24 | $0.67 | $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 | $303.8M | $419.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $498.4M | $1.5B |
| 总资产 | $1.7B | $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DXPEEXP
| Q4 25 | $303.8M | $419.0M | ||
| Q3 25 | $123.8M | $35.0M | ||
| Q2 25 | $112.9M | $59.7M | ||
| Q1 25 | $114.3M | $20.4M | ||
| Q4 24 | $148.3M | $31.2M | ||
| Q3 24 | $35.0M | $93.9M | ||
| Q2 24 | $49.9M | $46.5M | ||
| Q1 24 | $139.7M | $34.9M |
总债务DXPEEXP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.1B |
股东权益DXPEEXP
| Q4 25 | $498.4M | $1.5B | ||
| Q3 25 | $488.3M | $1.5B | ||
| Q2 25 | $468.1M | $1.5B | ||
| Q1 25 | $444.7M | $1.5B | ||
| Q4 24 | $422.8M | $1.5B | ||
| Q3 24 | $402.4M | $1.4B | ||
| Q2 24 | $384.7M | $1.4B | ||
| Q1 24 | $375.5M | $1.3B |
总资产DXPEEXP
| Q4 25 | $1.7B | $3.8B | ||
| Q3 25 | $1.4B | $3.4B | ||
| Q2 25 | $1.4B | $3.4B | ||
| Q1 25 | $1.4B | $3.3B | ||
| Q4 24 | $1.3B | $3.0B | ||
| Q3 24 | $1.2B | $3.1B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
负债/权益比DXPEEXP
| 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 | $37.8M | $170.8M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $60.8M |
| 自由现金流率自由现金流/营收 | 6.5% | 10.9% |
| 资本支出强度资本支出/营收 | 0.6% | 19.8% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.66× |
| 过去12个月自由现金流最近4个季度 | $54.0M | $231.8M |
8季度趋势，按日历期对齐
经营现金流DXPEEXP
| Q4 25 | $37.8M | $170.8M | ||
| Q3 25 | $34.9M | $204.6M | ||
| Q2 25 | $18.6M | $136.6M | ||
| Q1 25 | $3.0M | $62.8M | ||
| Q4 24 | $32.1M | $119.9M | ||
| Q3 24 | $28.3M | $233.3M | ||
| Q2 24 | $14.7M | $132.6M | ||
| Q1 24 | $27.0M | $63.4M |
自由现金流DXPEEXP
| Q4 25 | $34.5M | $60.8M | ||
| Q3 25 | $28.1M | $96.1M | ||
| Q2 25 | $8.3M | $60.5M | ||
| Q1 25 | $-16.9M | $14.5M | ||
| Q4 24 | $22.7M | $72.5M | ||
| Q3 24 | $24.4M | $166.8M | ||
| Q2 24 | $5.9M | $99.5M | ||
| Q1 24 | $24.1M | $30.9M |
自由现金流率DXPEEXP
| Q4 25 | 6.5% | 10.9% | ||
| Q3 25 | 5.5% | 15.0% | ||
| Q2 25 | 1.7% | 9.5% | ||
| Q1 25 | -3.6% | 3.1% | ||
| Q4 24 | 4.8% | 13.0% | ||
| Q3 24 | 5.2% | 26.7% | ||
| Q2 24 | 1.3% | 16.3% | ||
| Q1 24 | 5.8% | 6.5% |
资本支出强度DXPEEXP
| Q4 25 | 0.6% | 19.8% | ||
| Q3 25 | 1.3% | 17.0% | ||
| Q2 25 | 2.1% | 12.0% | ||
| Q1 25 | 4.2% | 10.3% | ||
| Q4 24 | 2.0% | 8.5% | ||
| Q3 24 | 0.8% | 10.7% | ||
| Q2 24 | 2.0% | 5.4% | ||
| Q1 24 | 0.7% | 6.8% |
现金转化率DXPEEXP
| Q4 25 | 1.65× | 1.66× | ||
| Q3 25 | 1.61× | 1.49× | ||
| Q2 25 | 0.79× | 1.11× | ||
| Q1 25 | 0.14× | 0.94× | ||
| Q4 24 | 1.50× | 1.00× | ||
| Q3 24 | 1.34× | 1.63× | ||
| Q2 24 | 0.88× | 0.99× | ||
| Q1 24 | 2.38× | 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
DXPE
| Service Centers | $356.2M | 68% |
| Innovative Pumping Solutions | $110.0M | 21% |
| Supply Chain Services | $61.2M | 12% |
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% |
