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DXP ENTERPRISES INC（DXPE）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是DXP ENTERPRISES INC的1.6倍（$862.2M vs $527.4M），美泰净利率更高（7.1% vs 4.3%，领先2.7%），DXP ENTERPRISES INC同比增速更快（12.0% vs 4.3%），DXP ENTERPRISES INC自由现金流更多（$34.5M vs $-88.1M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
DXPE vs MAT — 直观对比
营收规模更大
MAT
是对方的1.6倍
$527.4M
营收增速更快
DXPE
高出7.7%
4.3%
净利率更高
MAT
高出2.7%
4.3%
自由现金流更多
DXPE
多$122.6M
$-88.1M
两年增速更快
DXPE
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $862.2M |
| 净利润 | $22.8M | $61.0M |
| 毛利率 | 31.6% | 44.9% |
| 营业利润率 | 8.8% | — |
| 净利率 | 4.3% | 7.1% |
| 营收同比 | 12.0% | 4.3% |
| 净利润同比 | 6.9% | 251.4% |
| 每股收益（稀释后） | $1.38 | $0.20 |
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DXPEMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $527.4M | $1.8B | ||
| Q3 25 | $513.7M | $1.7B | ||
| Q2 25 | $498.7M | $1.0B | ||
| Q1 25 | $476.6M | $826.6M | ||
| Q4 24 | $470.9M | $1.6B | ||
| Q3 24 | $472.9M | $1.8B | ||
| Q2 24 | $445.6M | $1.1B |
净利润DXPEMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $22.8M | $106.2M | ||
| Q3 25 | $21.6M | $278.4M | ||
| Q2 25 | $23.6M | $53.4M | ||
| Q1 25 | $20.6M | $-40.3M | ||
| Q4 24 | $21.4M | $140.9M | ||
| Q3 24 | $21.1M | $372.4M | ||
| Q2 24 | $16.7M | $56.9M |
毛利率DXPEMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 31.6% | 45.9% | ||
| Q3 25 | 31.4% | 50.0% | ||
| Q2 25 | 31.6% | 50.9% | ||
| Q1 25 | 31.5% | 49.4% | ||
| Q4 24 | 31.5% | 50.7% | ||
| Q3 24 | 30.9% | 53.1% | ||
| Q2 24 | 30.9% | 49.2% |
营业利润率DXPEMAT
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 8.0% | ||
| Q3 25 | 8.5% | 21.9% | ||
| Q2 25 | 9.2% | 7.7% | ||
| Q1 25 | 8.5% | -6.4% | ||
| Q4 24 | 8.3% | 9.6% | ||
| Q3 24 | 8.4% | 26.5% | ||
| Q2 24 | 8.4% | 7.7% |
净利率DXPEMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 4.3% | 6.0% | ||
| Q3 25 | 4.2% | 16.0% | ||
| Q2 25 | 4.7% | 5.2% | ||
| Q1 25 | 4.3% | -4.9% | ||
| Q4 24 | 4.5% | 8.6% | ||
| Q3 24 | 4.5% | 20.2% | ||
| Q2 24 | 3.7% | 5.3% |
每股收益（稀释后）DXPEMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $1.38 | $0.32 | ||
| Q3 25 | $1.31 | $0.88 | ||
| Q2 25 | $1.43 | $0.16 | ||
| Q1 25 | $1.25 | $-0.12 | ||
| Q4 24 | $1.28 | $0.40 | ||
| Q3 24 | $1.27 | $1.09 | ||
| Q2 24 | $1.00 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $498.4M | $2.1B |
| 总资产 | $1.7B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资DXPEMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $303.8M | $1.2B | ||
| Q3 25 | $123.8M | $691.9M | ||
| Q2 25 | $112.9M | $870.5M | ||
| Q1 25 | $114.3M | $1.2B | ||
| Q4 24 | $148.3M | $1.4B | ||
| Q3 24 | $35.0M | $723.5M | ||
| Q2 24 | $49.9M | $722.4M |
总债务DXPEMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益DXPEMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $498.4M | $2.2B | ||
| Q3 25 | $488.3M | $2.3B | ||
| Q2 25 | $468.1M | $2.2B | ||
| Q1 25 | $444.7M | $2.1B | ||
| Q4 24 | $422.8M | $2.3B | ||
| Q3 24 | $402.4M | $2.3B | ||
| Q2 24 | $384.7M | $2.0B |
总资产DXPEMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $1.7B | $6.6B | ||
| Q3 25 | $1.4B | $6.6B | ||
| Q2 25 | $1.4B | $6.2B | ||
| Q1 25 | $1.4B | $6.2B | ||
| Q4 24 | $1.3B | $6.5B | ||
| Q3 24 | $1.2B | $6.5B | ||
| Q2 24 | $1.2B | $5.9B |
负债/权益比DXPEMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | $-88.1M |
| 自由现金流率自由现金流/营收 | 6.5% | -10.2% |
| 资本支出强度资本支出/营收 | 0.6% | 7.6% |
| 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DXPEMAT
| Q1 26 | — | — | ||
| Q4 25 | $37.8M | $796.6M | ||
| Q3 25 | $34.9M | $72.0M | ||
| Q2 25 | $18.6M | $-300.1M | ||
| Q1 25 | $3.0M | $24.8M | ||
| Q4 24 | $32.1M | $862.1M | ||
| Q3 24 | $28.3M | $155.8M | ||
| Q2 24 | $14.7M | $-252.9M |
自由现金流DXPEMAT
| Q1 26 | — | $-88.1M | ||
| 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DXPEMAT
| Q1 26 | — | -10.2% | ||
| 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DXPEMAT
| Q1 26 | — | 7.6% | ||
| 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DXPEMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.65× | 7.50× | ||
| Q3 25 | 1.61× | 0.26× | ||
| Q2 25 | 0.79× | -5.62× | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 1.50× | 6.12× | ||
| Q3 24 | 1.34× | 0.42× | ||
| Q2 24 | 0.88× | -4.45× |
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% |
MAT
暂无分部数据
