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DXP ENTERPRISES INC（DXPE）与UiPath, Inc.（PATH）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UiPath, Inc.的1.3倍（$527.4M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 4.3%，领先44.0%），UiPath, Inc.同比增速更快（15.9% vs 12.0%），DXP ENTERPRISES INC自由现金流更多（$34.5M vs $25.1M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs 0.7%）
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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
DXPE vs PATH — 直观对比
营收规模更大
DXPE
是对方的1.3倍
$411.1M
营收增速更快
PATH
高出3.9%
12.0%
净利率更高
PATH
高出44.0%
4.3%
自由现金流更多
DXPE
多$9.4M
$25.1M
两年增速更快
DXPE
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $411.1M |
| 净利润 | $22.8M | $198.8M |
| 毛利率 | 31.6% | 83.3% |
| 营业利润率 | 8.8% | 3.2% |
| 净利率 | 4.3% | 48.4% |
| 营收同比 | 12.0% | 15.9% |
| 净利润同比 | 6.9% | 1966.2% |
| 每股收益（稀释后） | $1.38 | $0.37 |
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DXPEPATH
| Q4 25 | $527.4M | $411.1M | ||
| Q3 25 | $513.7M | $361.7M | ||
| Q2 25 | $498.7M | $356.6M | ||
| Q1 25 | $476.6M | $423.6M | ||
| Q4 24 | $470.9M | $354.7M | ||
| Q3 24 | $472.9M | $316.3M | ||
| Q2 24 | $445.6M | $335.1M | ||
| Q1 24 | $412.6M | $405.3M |
净利润DXPEPATH
| Q4 25 | $22.8M | $198.8M | ||
| Q3 25 | $21.6M | $1.6M | ||
| Q2 25 | $23.6M | $-22.6M | ||
| Q1 25 | $20.6M | $51.8M | ||
| Q4 24 | $21.4M | $-10.7M | ||
| Q3 24 | $21.1M | $-86.1M | ||
| Q2 24 | $16.7M | $-28.7M | ||
| Q1 24 | $11.3M | $33.9M |
毛利率DXPEPATH
| Q4 25 | 31.6% | 83.3% | ||
| Q3 25 | 31.4% | 82.2% | ||
| Q2 25 | 31.6% | 82.1% | ||
| Q1 25 | 31.5% | 84.8% | ||
| Q4 24 | 31.5% | 82.0% | ||
| Q3 24 | 30.9% | 80.0% | ||
| Q2 24 | 30.9% | 83.5% | ||
| Q1 24 | 30.0% | 86.8% |
营业利润率DXPEPATH
| Q4 25 | 8.8% | 3.2% | ||
| Q3 25 | 8.5% | -5.6% | ||
| Q2 25 | 9.2% | -4.6% | ||
| Q1 25 | 8.5% | 7.9% | ||
| Q4 24 | 8.3% | -12.2% | ||
| Q3 24 | 8.4% | -32.7% | ||
| Q2 24 | 8.4% | -14.8% | ||
| Q1 24 | 7.1% | 3.7% |
净利率DXPEPATH
| Q4 25 | 4.3% | 48.4% | ||
| Q3 25 | 4.2% | 0.4% | ||
| Q2 25 | 4.7% | -6.3% | ||
| Q1 25 | 4.3% | 12.2% | ||
| Q4 24 | 4.5% | -3.0% | ||
| Q3 24 | 4.5% | -27.2% | ||
| Q2 24 | 3.7% | -8.6% | ||
| Q1 24 | 2.7% | 8.4% |
每股收益（稀释后）DXPEPATH
| Q4 25 | $1.38 | $0.37 | ||
| Q3 25 | $1.31 | $0.00 | ||
| Q2 25 | $1.43 | $-0.04 | ||
| Q1 25 | $1.25 | $0.09 | ||
| Q4 24 | $1.28 | $-0.02 | ||
| Q3 24 | $1.27 | $-0.15 | ||
| Q2 24 | $1.00 | $-0.05 | ||
| Q1 24 | $0.67 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $498.4M | $1.9B |
| 总资产 | $1.7B | $2.9B |
| 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DXPEPATH
| Q4 25 | $303.8M | $1.4B | ||
| Q3 25 | $123.8M | $1.4B | ||
| Q2 25 | $112.9M | $1.6B | ||
| Q1 25 | $114.3M | $1.6B | ||
| Q4 24 | $148.3M | $1.6B | ||
| Q3 24 | $35.0M | $1.7B | ||
| Q2 24 | $49.9M | $1.9B | ||
| Q1 24 | $139.7M | $1.9B |
股东权益DXPEPATH
| Q4 25 | $498.4M | $1.9B | ||
| Q3 25 | $488.3M | $1.7B | ||
| Q2 25 | $468.1M | $1.7B | ||
| Q1 25 | $444.7M | $1.8B | ||
| Q4 24 | $422.8M | $1.7B | ||
| Q3 24 | $402.4M | $1.8B | ||
| Q2 24 | $384.7M | $2.0B | ||
| Q1 24 | $375.5M | $2.0B |
总资产DXPEPATH
| Q4 25 | $1.7B | $2.9B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $1.2B | $2.7B | ||
| Q2 24 | $1.2B | $2.8B | ||
| Q1 24 | $1.2B | $3.0B |
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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $25.1M |
| 自由现金流率自由现金流/营收 | 6.5% | 6.1% |
| 资本支出强度资本支出/营收 | 0.6% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.14× |
| 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DXPEPATH
| Q4 25 | $37.8M | $28.3M | ||
| Q3 25 | $34.9M | $41.6M | ||
| Q2 25 | $18.6M | $119.0M | ||
| Q1 25 | $3.0M | $146.1M | ||
| Q4 24 | $32.1M | $28.1M | ||
| Q3 24 | $28.3M | $46.4M | ||
| Q2 24 | $14.7M | $100.0M | ||
| Q1 24 | $27.0M | $145.6M |
自由现金流DXPEPATH
| Q4 25 | $34.5M | $25.1M | ||
| Q3 25 | $28.1M | — | ||
| Q2 25 | $8.3M | $106.2M | ||
| Q1 25 | $-16.9M | $138.7M | ||
| Q4 24 | $22.7M | $23.2M | ||
| Q3 24 | $24.4M | $45.0M | ||
| Q2 24 | $5.9M | $98.8M | ||
| Q1 24 | $24.1M | $141.8M |
自由现金流率DXPEPATH
| Q4 25 | 6.5% | 6.1% | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | 1.7% | 29.8% | ||
| Q1 25 | -3.6% | 32.7% | ||
| Q4 24 | 4.8% | 6.5% | ||
| Q3 24 | 5.2% | 14.2% | ||
| Q2 24 | 1.3% | 29.5% | ||
| Q1 24 | 5.8% | 35.0% |
资本支出强度DXPEPATH
| Q4 25 | 0.6% | 0.8% | ||
| Q3 25 | 1.3% | 0.0% | ||
| Q2 25 | 2.1% | 3.6% | ||
| Q1 25 | 4.2% | 1.7% | ||
| Q4 24 | 2.0% | 1.4% | ||
| Q3 24 | 0.8% | 0.4% | ||
| Q2 24 | 2.0% | 0.4% | ||
| Q1 24 | 0.7% | 0.9% |
现金转化率DXPEPATH
| Q4 25 | 1.65× | 0.14× | ||
| Q3 25 | 1.61× | 26.25× | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.14× | 2.82× | ||
| Q4 24 | 1.50× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 2.38× | 4.29× |
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% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
