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DXP ENTERPRISES INC（DXPE）与ROYAL GOLD INC（RGLD）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ROYAL GOLD INC的1.4倍（$527.4M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 4.3%，领先20.6%），ROYAL GOLD INC同比增速更快（85.3% vs 12.0%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 13.1%）
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。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
DXPE vs RGLD — 直观对比
营收规模更大
DXPE
是对方的1.4倍
$375.3M
营收增速更快
RGLD
高出73.3%
12.0%
净利率更高
RGLD
高出20.6%
4.3%
两年增速更快
RGLD
近两年复合增速
13.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $375.3M |
| 净利润 | $22.8M | $93.6M |
| 毛利率 | 31.6% | 64.6% |
| 营业利润率 | 8.8% | 56.2% |
| 净利率 | 4.3% | 24.9% |
| 营收同比 | 12.0% | 85.3% |
| 净利润同比 | 6.9% | -12.8% |
| 每股收益（稀释后） | $1.38 | $1.04 |
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DXPERGLD
| Q4 25 | $527.4M | $375.3M | ||
| Q3 25 | $513.7M | $252.1M | ||
| Q2 25 | $498.7M | $209.6M | ||
| Q1 25 | $476.6M | $193.4M | ||
| Q4 24 | $470.9M | $202.6M | ||
| Q3 24 | $472.9M | $193.8M | ||
| Q2 24 | $445.6M | $174.1M | ||
| Q1 24 | $412.6M | $148.9M |
净利润DXPERGLD
| Q4 25 | $22.8M | $93.6M | ||
| Q3 25 | $21.6M | $126.8M | ||
| Q2 25 | $23.6M | $132.3M | ||
| Q1 25 | $20.6M | $113.5M | ||
| Q4 24 | $21.4M | $107.4M | ||
| Q3 24 | $21.1M | $96.2M | ||
| Q2 24 | $16.7M | $81.2M | ||
| Q1 24 | $11.3M | $47.2M |
毛利率DXPERGLD
| Q4 25 | 31.6% | 64.6% | ||
| Q3 25 | 31.4% | 73.6% | ||
| Q2 25 | 31.6% | 72.6% | ||
| Q1 25 | 31.5% | 69.4% | ||
| Q4 24 | 31.5% | 70.3% | ||
| Q3 24 | 30.9% | 66.6% | ||
| Q2 24 | 30.9% | 64.7% | ||
| Q1 24 | 30.0% | 58.4% |
营业利润率DXPERGLD
| Q4 25 | 8.8% | 56.2% | ||
| Q3 25 | 8.5% | 64.4% | ||
| Q2 25 | 9.2% | 67.7% | ||
| Q1 25 | 8.5% | 63.6% | ||
| Q4 24 | 8.3% | 65.9% | ||
| Q3 24 | 8.4% | 61.3% | ||
| Q2 24 | 8.4% | 58.6% | ||
| Q1 24 | 7.1% | 50.7% |
净利率DXPERGLD
| Q4 25 | 4.3% | 24.9% | ||
| Q3 25 | 4.2% | 50.3% | ||
| Q2 25 | 4.7% | 63.1% | ||
| Q1 25 | 4.3% | 58.7% | ||
| Q4 24 | 4.5% | 53.0% | ||
| Q3 24 | 4.5% | 49.7% | ||
| Q2 24 | 3.7% | 46.6% | ||
| Q1 24 | 2.7% | 31.7% |
每股收益（稀释后）DXPERGLD
| Q4 25 | $1.38 | $1.04 | ||
| Q3 25 | $1.31 | $1.92 | ||
| Q2 25 | $1.43 | $2.01 | ||
| Q1 25 | $1.25 | $1.72 | ||
| Q4 24 | $1.28 | $1.63 | ||
| Q3 24 | $1.27 | $1.46 | ||
| Q2 24 | $1.00 | $1.23 | ||
| Q1 24 | $0.67 | $0.72 |
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 | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $498.4M | $7.2B |
| 总资产 | $1.7B | $9.5B |
| 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DXPERGLD
| Q4 25 | $303.8M | $233.7M | ||
| Q3 25 | $123.8M | $172.8M | ||
| Q2 25 | $112.9M | $248.2M | ||
| Q1 25 | $114.3M | $240.8M | ||
| Q4 24 | $148.3M | $195.5M | ||
| Q3 24 | $35.0M | $127.9M | ||
| Q2 24 | $49.9M | $74.2M | ||
| Q1 24 | $139.7M | $137.9M |
总债务DXPERGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益DXPERGLD
| Q4 25 | $498.4M | $7.2B | ||
| Q3 25 | $488.3M | $3.4B | ||
| Q2 25 | $468.1M | $3.3B | ||
| Q1 25 | $444.7M | $3.2B | ||
| Q4 24 | $422.8M | $3.1B | ||
| Q3 24 | $402.4M | $3.0B | ||
| Q2 24 | $384.7M | $3.0B | ||
| Q1 24 | $375.5M | $2.9B |
总资产DXPERGLD
| Q4 25 | $1.7B | $9.5B | ||
| Q3 25 | $1.4B | $4.5B | ||
| Q2 25 | $1.4B | $3.6B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.3B | $3.4B | ||
| Q3 24 | $1.2B | $3.3B | ||
| Q2 24 | $1.2B | $3.3B | ||
| Q1 24 | $1.2B | $3.3B |
负债/权益比DXPERGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | — |
| 自由现金流率自由现金流/营收 | 6.5% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 1.65× | 2.58× |
| 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DXPERGLD
| Q4 25 | $37.8M | $241.7M | ||
| Q3 25 | $34.9M | $174.0M | ||
| Q2 25 | $18.6M | $152.8M | ||
| Q1 25 | $3.0M | $136.4M | ||
| Q4 24 | $32.1M | $141.1M | ||
| Q3 24 | $28.3M | $136.7M | ||
| Q2 24 | $14.7M | $113.5M | ||
| Q1 24 | $27.0M | $138.3M |
自由现金流DXPERGLD
| 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 | — | ||
| Q1 24 | $24.1M | — |
自由现金流率DXPERGLD
| 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% | — | ||
| Q1 24 | 5.8% | — |
资本支出强度DXPERGLD
| 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% | — | ||
| Q1 24 | 0.7% | — |
现金转化率DXPERGLD
| Q4 25 | 1.65× | 2.58× | ||
| Q3 25 | 1.61× | 1.37× | ||
| Q2 25 | 0.79× | 1.15× | ||
| Q1 25 | 0.14× | 1.20× | ||
| Q4 24 | 1.50× | 1.31× | ||
| Q3 24 | 1.34× | 1.42× | ||
| Q2 24 | 0.88× | 1.40× | ||
| Q1 24 | 2.38× | 2.93× |
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% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
