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DXP ENTERPRISES INC（DXPE）与MSC INDUSTRIAL DIRECT CO INC（MSM）财务数据对比。点击上方公司名可切换其他公司
MSC INDUSTRIAL DIRECT CO INC的季度营收约是DXP ENTERPRISES INC的1.8倍（$965.7M vs $527.4M）。MSC INDUSTRIAL DIRECT CO INC净利率更高（5.4% vs 4.3%，领先1.0%）。DXP ENTERPRISES INC同比增速更快（12.0% vs 4.0%）。DXP ENTERPRISES INC自由现金流更多（$34.5M vs $7.4M）。过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs 0.6%）
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。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
DXPE vs MSM — 直观对比
营收规模更大
MSM
是对方的1.8倍
$527.4M
营收增速更快
DXPE
高出8.0%
4.0%
净利率更高
MSM
高出1.0%
4.3%
自由现金流更多
DXPE
多$27.1M
$7.4M
两年增速更快
DXPE
近两年复合增速
0.6%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $965.7M |
| 净利润 | $22.8M | $51.8M |
| 毛利率 | 31.6% | 40.7% |
| 营业利润率 | 8.8% | 7.9% |
| 净利率 | 4.3% | 5.4% |
| 营收同比 | 12.0% | 4.0% |
| 净利润同比 | 6.9% | 11.1% |
| 每股收益（稀释后） | $1.38 | $0.93 |
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DXPEMSM
| Q4 25 | $527.4M | $965.7M | ||
| Q3 25 | $513.7M | $978.2M | ||
| Q2 25 | $498.7M | $971.1M | ||
| Q1 25 | $476.6M | — | ||
| Q4 24 | $470.9M | $928.5M | ||
| Q3 24 | $472.9M | — | ||
| Q2 24 | $445.6M | $979.4M | ||
| Q1 24 | $412.6M | $935.3M |
净利润DXPEMSM
| Q4 25 | $22.8M | $51.8M | ||
| Q3 25 | $21.6M | $56.5M | ||
| Q2 25 | $23.6M | $56.8M | ||
| Q1 25 | $20.6M | — | ||
| Q4 24 | $21.4M | $46.6M | ||
| Q3 24 | $21.1M | — | ||
| Q2 24 | $16.7M | $71.7M | ||
| Q1 24 | $11.3M | $61.8M |
毛利率DXPEMSM
| Q4 25 | 31.6% | 40.7% | ||
| Q3 25 | 31.4% | 40.4% | ||
| Q2 25 | 31.6% | 41.0% | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 31.5% | 40.7% | ||
| Q3 24 | 30.9% | — | ||
| Q2 24 | 30.9% | 40.9% | ||
| Q1 24 | 30.0% | 41.5% |
营业利润率DXPEMSM
| Q4 25 | 8.8% | 7.9% | ||
| Q3 25 | 8.5% | 8.6% | ||
| Q2 25 | 9.2% | 8.5% | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 8.3% | 7.8% | ||
| Q3 24 | 8.4% | — | ||
| Q2 24 | 8.4% | 10.9% | ||
| Q1 24 | 7.1% | 9.7% |
净利率DXPEMSM
| Q4 25 | 4.3% | 5.4% | ||
| Q3 25 | 4.2% | 5.8% | ||
| Q2 25 | 4.7% | 5.9% | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 4.5% | 5.0% | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | 3.7% | 7.3% | ||
| Q1 24 | 2.7% | 6.6% |
每股收益（稀释后）DXPEMSM
| Q4 25 | $1.38 | $0.93 | ||
| Q3 25 | $1.31 | $1.02 | ||
| Q2 25 | $1.43 | $1.02 | ||
| Q1 25 | $1.25 | — | ||
| Q4 24 | $1.28 | $0.83 | ||
| Q3 24 | $1.27 | — | ||
| Q2 24 | $1.00 | $1.27 | ||
| Q1 24 | $0.67 | $1.10 |
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 | $40.3M |
| 总债务越低越好 | — | $214.1M |
| 股东权益账面价值 | $498.4M | $1.4B |
| 总资产 | $1.7B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资DXPEMSM
| Q4 25 | $303.8M | $40.3M | ||
| Q3 25 | $123.8M | $56.2M | ||
| Q2 25 | $112.9M | $71.7M | ||
| Q1 25 | $114.3M | — | ||
| Q4 24 | $148.3M | $57.3M | ||
| Q3 24 | $35.0M | — | ||
| Q2 24 | $49.9M | $25.9M | ||
| Q1 24 | $139.7M | $22.2M |
总债务DXPEMSM
| Q4 25 | — | $214.1M | ||
| Q3 25 | — | $168.8M | ||
| Q2 25 | — | $285.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $289.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $299.8M | ||
| Q1 24 | — | $294.5M |
股东权益DXPEMSM
| Q4 25 | $498.4M | $1.4B | ||
| Q3 25 | $488.3M | $1.4B | ||
| Q2 25 | $468.1M | $1.4B | ||
| Q1 25 | $444.7M | — | ||
| Q4 24 | $422.8M | $1.4B | ||
| Q3 24 | $402.4M | — | ||
| Q2 24 | $384.7M | $1.4B | ||
| Q1 24 | $375.5M | $1.4B |
总资产DXPEMSM
| Q4 25 | $1.7B | $2.5B | ||
| Q3 25 | $1.4B | $2.5B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.3B | $2.5B | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | $2.5B | ||
| Q1 24 | $1.2B | $2.5B |
负债/权益比DXPEMSM
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $7.4M |
| 自由现金流率自由现金流/营收 | 6.5% | 0.8% |
| 资本支出强度资本支出/营收 | 0.6% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.57× |
| 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DXPEMSM
| Q4 25 | $37.8M | $29.4M | ||
| Q3 25 | $34.9M | — | ||
| Q2 25 | $18.6M | — | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | $32.1M | $101.9M | ||
| Q3 24 | $28.3M | — | ||
| Q2 24 | $14.7M | $143.5M | ||
| Q1 24 | $27.0M | $78.7M |
自由现金流DXPEMSM
| Q4 25 | $34.5M | $7.4M | ||
| Q3 25 | $28.1M | — | ||
| Q2 25 | $8.3M | — | ||
| Q1 25 | $-16.9M | — | ||
| Q4 24 | $22.7M | $81.7M | ||
| Q3 24 | $24.4M | — | ||
| Q2 24 | $5.9M | $114.0M | ||
| Q1 24 | $24.1M | $53.4M |
自由现金流率DXPEMSM
| Q4 25 | 6.5% | 0.8% | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | -3.6% | — | ||
| Q4 24 | 4.8% | 8.8% | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 1.3% | 11.6% | ||
| Q1 24 | 5.8% | 5.7% |
资本支出强度DXPEMSM
| Q4 25 | 0.6% | 2.3% | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 2.0% | 2.2% | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 2.0% | 3.0% | ||
| Q1 24 | 0.7% | 2.7% |
现金转化率DXPEMSM
| Q4 25 | 1.65× | 0.57× | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 1.50× | 2.18× | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.88× | 2.00× | ||
| Q1 24 | 2.38× | 1.27× |
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% |
MSM
暂无分部数据
