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DXP ENTERPRISES INC（DXPE）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Rackspace Technology, Inc.的季度营收约是DXP ENTERPRISES INC的1.3倍（$682.8M vs $527.4M），DXP ENTERPRISES INC净利率更高（4.3% vs -4.8%，领先9.1%），DXP ENTERPRISES INC同比增速更快（12.0% vs -0.4%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $34.5M），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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
DXPE vs RXT — 直观对比
营收规模更大
RXT
是对方的1.3倍
$527.4M
营收增速更快
DXPE
高出12.4%
-0.4%
净利率更高
DXPE
高出9.1%
-4.8%
自由现金流更多
RXT
多$21.5M
$34.5M
两年增速更快
DXPE
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $682.8M |
| 净利润 | $22.8M | $-32.7M |
| 毛利率 | 31.6% | 17.6% |
| 营业利润率 | 8.8% | -0.5% |
| 净利率 | 4.3% | -4.8% |
| 营收同比 | 12.0% | -0.4% |
| 净利润同比 | 6.9% | 41.6% |
| 每股收益（稀释后） | $1.38 | $-0.13 |
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DXPERXT
| Q4 25 | $527.4M | $682.8M | ||
| Q3 25 | $513.7M | $671.2M | ||
| Q2 25 | $498.7M | $666.3M | ||
| Q1 25 | $476.6M | $665.4M | ||
| Q4 24 | $470.9M | $685.6M | ||
| Q3 24 | $472.9M | $675.8M | ||
| Q2 24 | $445.6M | $684.9M | ||
| Q1 24 | $412.6M | $690.8M |
净利润DXPERXT
| Q4 25 | $22.8M | $-32.7M | ||
| Q3 25 | $21.6M | $-67.1M | ||
| Q2 25 | $23.6M | $-54.5M | ||
| Q1 25 | $20.6M | $-71.5M | ||
| Q4 24 | $21.4M | $-56.0M | ||
| Q3 24 | $21.1M | $-186.6M | ||
| Q2 24 | $16.7M | $25.0M | ||
| Q1 24 | $11.3M | $-640.6M |
毛利率DXPERXT
| Q4 25 | 31.6% | 17.6% | ||
| Q3 25 | 31.4% | 19.4% | ||
| Q2 25 | 31.6% | 19.4% | ||
| Q1 25 | 31.5% | 19.1% | ||
| Q4 24 | 31.5% | 19.2% | ||
| Q3 24 | 30.9% | 20.3% | ||
| Q2 24 | 30.9% | 19.2% | ||
| Q1 24 | 30.0% | 19.2% |
营业利润率DXPERXT
| Q4 25 | 8.8% | -0.5% | ||
| Q3 25 | 8.5% | -5.1% | ||
| Q2 25 | 9.2% | -3.8% | ||
| Q1 25 | 8.5% | -5.8% | ||
| Q4 24 | 8.3% | -4.2% | ||
| Q3 24 | 8.4% | -25.7% | ||
| Q2 24 | 8.4% | -7.9% | ||
| Q1 24 | 7.1% | -94.5% |
净利率DXPERXT
| Q4 25 | 4.3% | -4.8% | ||
| Q3 25 | 4.2% | -10.0% | ||
| Q2 25 | 4.7% | -8.2% | ||
| Q1 25 | 4.3% | -10.7% | ||
| Q4 24 | 4.5% | -8.2% | ||
| Q3 24 | 4.5% | -27.6% | ||
| Q2 24 | 3.7% | 3.7% | ||
| Q1 24 | 2.7% | -92.7% |
每股收益（稀释后）DXPERXT
| Q4 25 | $1.38 | $-0.13 | ||
| Q3 25 | $1.31 | $-0.28 | ||
| Q2 25 | $1.43 | $-0.23 | ||
| Q1 25 | $1.25 | $-0.31 | ||
| Q4 24 | $1.28 | $-0.20 | ||
| Q3 24 | $1.27 | $-0.82 | ||
| Q2 24 | $1.00 | $0.11 | ||
| Q1 24 | $0.67 | $-2.91 |
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 | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $498.4M | $-1.2B |
| 总资产 | $1.7B | $2.8B |
| 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DXPERXT
| Q4 25 | $303.8M | $105.8M | ||
| Q3 25 | $123.8M | $99.5M | ||
| Q2 25 | $112.9M | $103.9M | ||
| Q1 25 | $114.3M | $128.0M | ||
| Q4 24 | $148.3M | $144.0M | ||
| Q3 24 | $35.0M | $157.1M | ||
| Q2 24 | $49.9M | $190.2M | ||
| Q1 24 | $139.7M | $282.6M |
总债务DXPERXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益DXPERXT
| Q4 25 | $498.4M | $-1.2B | ||
| Q3 25 | $488.3M | $-1.2B | ||
| Q2 25 | $468.1M | $-1.1B | ||
| Q1 25 | $444.7M | $-1.1B | ||
| Q4 24 | $422.8M | $-1.0B | ||
| Q3 24 | $402.4M | $-949.7M | ||
| Q2 24 | $384.7M | $-756.2M | ||
| Q1 24 | $375.5M | $-787.2M |
总资产DXPERXT
| Q4 25 | $1.7B | $2.8B | ||
| Q3 25 | $1.4B | $2.8B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.4B | $3.0B | ||
| Q4 24 | $1.3B | $3.1B | ||
| Q3 24 | $1.2B | $3.1B | ||
| Q2 24 | $1.2B | $3.4B | ||
| Q1 24 | $1.2B | $3.5B |
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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $56.0M |
| 自由现金流率自由现金流/营收 | 6.5% | 8.2% |
| 资本支出强度资本支出/营收 | 0.6% | 0.5% |
| 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 | $90.6M |
8季度趋势，按日历期对齐
经营现金流DXPERXT
| Q4 25 | $37.8M | $59.7M | ||
| Q3 25 | $34.9M | $70.7M | ||
| Q2 25 | $18.6M | $8.4M | ||
| Q1 25 | $3.0M | $12.6M | ||
| Q4 24 | $32.1M | $54.3M | ||
| Q3 24 | $28.3M | $51.8M | ||
| Q2 24 | $14.7M | $24.1M | ||
| Q1 24 | $27.0M | $-90.3M |
自由现金流DXPERXT
| Q4 25 | $34.5M | $56.0M | ||
| Q3 25 | $28.1M | $42.7M | ||
| Q2 25 | $8.3M | $-12.4M | ||
| Q1 25 | $-16.9M | $4.3M | ||
| Q4 24 | $22.7M | $34.4M | ||
| Q3 24 | $24.4M | $27.3M | ||
| Q2 24 | $5.9M | $-14.5M | ||
| Q1 24 | $24.1M | $-118.4M |
自由现金流率DXPERXT
| Q4 25 | 6.5% | 8.2% | ||
| Q3 25 | 5.5% | 6.4% | ||
| Q2 25 | 1.7% | -1.9% | ||
| Q1 25 | -3.6% | 0.6% | ||
| Q4 24 | 4.8% | 5.0% | ||
| Q3 24 | 5.2% | 4.0% | ||
| Q2 24 | 1.3% | -2.1% | ||
| Q1 24 | 5.8% | -17.1% |
资本支出强度DXPERXT
| Q4 25 | 0.6% | 0.5% | ||
| Q3 25 | 1.3% | 4.2% | ||
| Q2 25 | 2.1% | 3.1% | ||
| Q1 25 | 4.2% | 1.2% | ||
| Q4 24 | 2.0% | 2.9% | ||
| Q3 24 | 0.8% | 3.6% | ||
| Q2 24 | 2.0% | 5.6% | ||
| Q1 24 | 0.7% | 4.1% |
现金转化率DXPERXT
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 1.50× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.88× | 0.96× | ||
| 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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
