vs
DXP ENTERPRISES INC（DXPE）与Mativ Holdings, Inc.（MATV）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Mativ Holdings, Inc.的1.1倍（$527.4M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 4.3%，领先17.4%），DXP ENTERPRISES INC同比增速更快（12.0% vs 1.0%），DXP ENTERPRISES INC自由现金流更多（$34.5M vs $8.0M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs -3.8%）
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。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
DXPE vs MATV — 直观对比
营收规模更大
DXPE
是对方的1.1倍
$463.1M
营收增速更快
DXPE
高出11.0%
1.0%
净利率更高
MATV
高出17.4%
4.3%
自由现金流更多
DXPE
多$26.5M
$8.0M
两年增速更快
DXPE
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $463.1M |
| 净利润 | $22.8M | $100.8M |
| 毛利率 | 31.6% | 18.8% |
| 营业利润率 | 8.8% | 2.2% |
| 净利率 | 4.3% | 21.8% |
| 营收同比 | 12.0% | 1.0% |
| 净利润同比 | 6.9% | 6620.0% |
| 每股收益（稀释后） | $1.38 | $1.87 |
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DXPEMATV
| Q4 25 | $527.4M | $463.1M | ||
| Q3 25 | $513.7M | $513.7M | ||
| Q2 25 | $498.7M | $525.4M | ||
| Q1 25 | $476.6M | $484.8M | ||
| Q4 24 | $470.9M | $458.6M | ||
| Q3 24 | $472.9M | $498.5M | ||
| Q2 24 | $445.6M | $523.8M | ||
| Q1 24 | $412.6M | $500.2M |
净利润DXPEMATV
| Q4 25 | $22.8M | $100.8M | ||
| Q3 25 | $21.6M | $-3.2M | ||
| Q2 25 | $23.6M | $-9.5M | ||
| Q1 25 | $20.6M | $-425.5M | ||
| Q4 24 | $21.4M | $1.5M | ||
| Q3 24 | $21.1M | $-20.8M | ||
| Q2 24 | $16.7M | $-1.4M | ||
| Q1 24 | $11.3M | $-28.0M |
毛利率DXPEMATV
| Q4 25 | 31.6% | 18.8% | ||
| Q3 25 | 31.4% | 19.3% | ||
| Q2 25 | 31.6% | 19.7% | ||
| Q1 25 | 31.5% | 15.0% | ||
| Q4 24 | 31.5% | 16.9% | ||
| Q3 24 | 30.9% | 18.8% | ||
| Q2 24 | 30.9% | 20.8% | ||
| Q1 24 | 30.0% | 16.8% |
营业利润率DXPEMATV
| Q4 25 | 8.8% | 2.2% | ||
| Q3 25 | 8.5% | 3.1% | ||
| Q2 25 | 9.2% | 3.8% | ||
| Q1 25 | 8.5% | -88.8% | ||
| Q4 24 | 8.3% | 0.6% | ||
| Q3 24 | 8.4% | 1.4% | ||
| Q2 24 | 8.4% | 2.0% | ||
| Q1 24 | 7.1% | -2.8% |
净利率DXPEMATV
| Q4 25 | 4.3% | 21.8% | ||
| Q3 25 | 4.2% | -0.6% | ||
| Q2 25 | 4.7% | -1.8% | ||
| Q1 25 | 4.3% | -87.8% | ||
| Q4 24 | 4.5% | 0.3% | ||
| Q3 24 | 4.5% | -4.2% | ||
| Q2 24 | 3.7% | -0.3% | ||
| Q1 24 | 2.7% | -5.6% |
每股收益（稀释后）DXPEMATV
| Q4 25 | $1.38 | $1.87 | ||
| Q3 25 | $1.31 | $-0.06 | ||
| Q2 25 | $1.43 | $-0.18 | ||
| Q1 25 | $1.25 | $-7.82 | ||
| Q4 24 | $1.28 | $0.03 | ||
| Q3 24 | $1.27 | $-0.38 | ||
| Q2 24 | $1.00 | $-0.03 | ||
| Q1 24 | $0.67 | $-0.52 |
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 | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $498.4M | $498.7M |
| 总资产 | $1.7B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资DXPEMATV
| Q4 25 | $303.8M | $84.2M | ||
| Q3 25 | $123.8M | $97.1M | ||
| Q2 25 | $112.9M | $95.6M | ||
| Q1 25 | $114.3M | $84.0M | ||
| Q4 24 | $148.3M | $94.3M | ||
| Q3 24 | $35.0M | $162.2M | ||
| Q2 24 | $49.9M | $133.4M | ||
| Q1 24 | $139.7M | $128.9M |
总债务DXPEMATV
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益DXPEMATV
| Q4 25 | $498.4M | $498.7M | ||
| Q3 25 | $488.3M | $397.4M | ||
| Q2 25 | $468.1M | $416.6M | ||
| Q1 25 | $444.7M | $428.2M | ||
| Q4 24 | $422.8M | $858.5M | ||
| Q3 24 | $402.4M | $882.3M | ||
| Q2 24 | $384.7M | $898.0M | ||
| Q1 24 | $375.5M | $906.9M |
总资产DXPEMATV
| Q4 25 | $1.7B | $2.1B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.3B | $2.4B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.2B | $2.6B | ||
| Q1 24 | $1.2B | $2.7B |
负债/权益比DXPEMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $8.0M |
| 自由现金流率自由现金流/营收 | 6.5% | 1.7% |
| 资本支出强度资本支出/营收 | 0.6% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $54.0M | $93.8M |
8季度趋势，按日历期对齐
经营现金流DXPEMATV
| Q4 25 | $37.8M | $19.3M | ||
| Q3 25 | $34.9M | $72.8M | ||
| Q2 25 | $18.6M | $57.6M | ||
| Q1 25 | $3.0M | $-15.9M | ||
| Q4 24 | $32.1M | $24.1M | ||
| Q3 24 | $28.3M | $37.6M | ||
| Q2 24 | $14.7M | $46.1M | ||
| Q1 24 | $27.0M | $-13.0M |
自由现金流DXPEMATV
| Q4 25 | $34.5M | $8.0M | ||
| Q3 25 | $28.1M | $66.7M | ||
| Q2 25 | $8.3M | $48.9M | ||
| Q1 25 | $-16.9M | $-29.8M | ||
| Q4 24 | $22.7M | $2.0M | ||
| Q3 24 | $24.4M | $25.5M | ||
| Q2 24 | $5.9M | $37.4M | ||
| Q1 24 | $24.1M | $-25.1M |
自由现金流率DXPEMATV
| Q4 25 | 6.5% | 1.7% | ||
| Q3 25 | 5.5% | 13.0% | ||
| Q2 25 | 1.7% | 9.3% | ||
| Q1 25 | -3.6% | -6.1% | ||
| Q4 24 | 4.8% | 0.4% | ||
| Q3 24 | 5.2% | 5.1% | ||
| Q2 24 | 1.3% | 7.1% | ||
| Q1 24 | 5.8% | -5.0% |
资本支出强度DXPEMATV
| Q4 25 | 0.6% | 2.4% | ||
| Q3 25 | 1.3% | 1.2% | ||
| Q2 25 | 2.1% | 1.7% | ||
| Q1 25 | 4.2% | 2.9% | ||
| Q4 24 | 2.0% | 4.8% | ||
| Q3 24 | 0.8% | 2.4% | ||
| Q2 24 | 2.0% | 1.7% | ||
| Q1 24 | 0.7% | 2.4% |
现金转化率DXPEMATV
| Q4 25 | 1.65× | 0.19× | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 1.50× | 16.07× | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 2.38× | — |
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% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
