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DXP ENTERPRISES INC（DXPE）与STARWOOD PROPERTY TRUST, INC.（STWD）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STARWOOD PROPERTY TRUST, INC.的1.1倍（$527.4M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 4.3%，领先15.3%），DXP ENTERPRISES INC同比增速更快（12.0% vs 8.5%），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs -2.9%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
DXPE vs STWD — 直观对比
营收规模更大
DXPE
是对方的1.1倍
$492.9M
营收增速更快
DXPE
高出3.5%
8.5%
净利率更高
STWD
高出15.3%
4.3%
两年增速更快
DXPE
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $492.9M |
| 净利润 | $22.8M | $96.9M |
| 毛利率 | 31.6% | — |
| 营业利润率 | 8.8% | 26.6% |
| 净利率 | 4.3% | 19.7% |
| 营收同比 | 12.0% | 8.5% |
| 净利润同比 | 6.9% | 87.7% |
| 每股收益（稀释后） | $1.38 | $0.25 |
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DXPESTWD
| Q4 25 | $527.4M | $492.9M | ||
| Q3 25 | $513.7M | $488.9M | ||
| Q2 25 | $498.7M | $444.3M | ||
| Q1 25 | $476.6M | $418.2M | ||
| Q4 24 | $470.9M | $454.4M | ||
| Q3 24 | $472.9M | $479.5M | ||
| Q2 24 | $445.6M | $489.8M | ||
| Q1 24 | $412.6M | $523.1M |
净利润DXPESTWD
| Q4 25 | $22.8M | $96.9M | ||
| Q3 25 | $21.6M | $72.6M | ||
| Q2 25 | $23.6M | $129.8M | ||
| Q1 25 | $20.6M | $112.3M | ||
| Q4 24 | $21.4M | $51.6M | ||
| Q3 24 | $21.1M | $76.1M | ||
| Q2 24 | $16.7M | $77.9M | ||
| Q1 24 | $11.3M | $154.3M |
毛利率DXPESTWD
| Q4 25 | 31.6% | — | ||
| Q3 25 | 31.4% | — | ||
| Q2 25 | 31.6% | — | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 31.5% | — | ||
| Q3 24 | 30.9% | — | ||
| Q2 24 | 30.9% | — | ||
| Q1 24 | 30.0% | — |
营业利润率DXPESTWD
| Q4 25 | 8.8% | 26.6% | ||
| Q3 25 | 8.5% | 19.1% | ||
| Q2 25 | 9.2% | 30.5% | ||
| Q1 25 | 8.5% | 28.7% | ||
| Q4 24 | 8.3% | 15.1% | ||
| Q3 24 | 8.4% | 17.2% | ||
| Q2 24 | 8.4% | 19.1% | ||
| Q1 24 | 7.1% | 30.8% |
净利率DXPESTWD
| Q4 25 | 4.3% | 19.7% | ||
| Q3 25 | 4.2% | 14.8% | ||
| Q2 25 | 4.7% | 29.2% | ||
| Q1 25 | 4.3% | 26.8% | ||
| Q4 24 | 4.5% | 11.4% | ||
| Q3 24 | 4.5% | 15.9% | ||
| Q2 24 | 3.7% | 15.9% | ||
| Q1 24 | 2.7% | 29.5% |
每股收益（稀释后）DXPESTWD
| Q4 25 | $1.38 | $0.25 | ||
| Q3 25 | $1.31 | $0.19 | ||
| Q2 25 | $1.43 | $0.38 | ||
| Q1 25 | $1.25 | $0.33 | ||
| Q4 24 | $1.28 | $0.15 | ||
| Q3 24 | $1.27 | $0.23 | ||
| Q2 24 | $1.00 | $0.24 | ||
| Q1 24 | $0.67 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $498.4M | $6.8B |
| 总资产 | $1.7B | $63.2B |
| 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DXPESTWD
| Q4 25 | $303.8M | $499.5M | ||
| Q3 25 | $123.8M | $301.1M | ||
| Q2 25 | $112.9M | $259.9M | ||
| Q1 25 | $114.3M | $440.6M | ||
| Q4 24 | $148.3M | $377.8M | ||
| Q3 24 | $35.0M | $357.9M | ||
| Q2 24 | $49.9M | $259.3M | ||
| Q1 24 | $139.7M | $327.4M |
股东权益DXPESTWD
| Q4 25 | $498.4M | $6.8B | ||
| Q3 25 | $488.3M | $6.9B | ||
| Q2 25 | $468.1M | $6.4B | ||
| Q1 25 | $444.7M | $6.4B | ||
| Q4 24 | $422.8M | $6.4B | ||
| Q3 24 | $402.4M | $6.5B | ||
| Q2 24 | $384.7M | $6.2B | ||
| Q1 24 | $375.5M | $6.3B |
总资产DXPESTWD
| Q4 25 | $1.7B | $63.2B | ||
| Q3 25 | $1.4B | $62.4B | ||
| Q2 25 | $1.4B | $62.4B | ||
| Q1 25 | $1.4B | $62.2B | ||
| Q4 24 | $1.3B | $62.6B | ||
| Q3 24 | $1.2B | $64.2B | ||
| Q2 24 | $1.2B | $64.1B | ||
| Q1 24 | $1.2B | $66.2B |
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 | $488.8M |
| 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× | 5.04× |
| 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DXPESTWD
| Q4 25 | $37.8M | $488.8M | ||
| Q3 25 | $34.9M | $337.6M | ||
| Q2 25 | $18.6M | $-87.4M | ||
| Q1 25 | $3.0M | $238.9M | ||
| Q4 24 | $32.1M | $295.6M | ||
| Q3 24 | $28.3M | $241.8M | ||
| Q2 24 | $14.7M | $53.3M | ||
| Q1 24 | $27.0M | $55.9M |
自由现金流DXPESTWD
| 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DXPESTWD
| 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DXPESTWD
| 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DXPESTWD
| Q4 25 | 1.65× | 5.04× | ||
| Q3 25 | 1.61× | 4.65× | ||
| Q2 25 | 0.79× | -0.67× | ||
| Q1 25 | 0.14× | 2.13× | ||
| Q4 24 | 1.50× | 5.72× | ||
| Q3 24 | 1.34× | 3.18× | ||
| Q2 24 | 0.88× | 0.68× | ||
| Q1 24 | 2.38× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
