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DXP ENTERPRISES INC（DXPE）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是DXP ENTERPRISES INC的1.1倍（$575.2M vs $527.4M），Tyler Technologies净利率更高（11.4% vs 4.3%，领先7.1%），DXP ENTERPRISES INC同比增速更快（12.0% vs 6.3%），Tyler Technologies自由现金流更多（$239.6M vs $34.5M），过去两年DXP ENTERPRISES INC的营收复合增速更高（13.1% vs 6.0%）
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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
DXPE vs TYL — 直观对比
营收规模更大
TYL
是对方的1.1倍
$527.4M
营收增速更快
DXPE
高出5.7%
6.3%
净利率更高
TYL
高出7.1%
4.3%
自由现金流更多
TYL
多$205.1M
$34.5M
两年增速更快
DXPE
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.4M | $575.2M |
| 净利润 | $22.8M | $65.5M |
| 毛利率 | 31.6% | 45.5% |
| 营业利润率 | 8.8% | 13.0% |
| 净利率 | 4.3% | 11.4% |
| 营收同比 | 12.0% | 6.3% |
| 净利润同比 | 6.9% | 0.5% |
| 每股收益（稀释后） | $1.38 | $1.50 |
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DXPETYL
| Q4 25 | $527.4M | $575.2M | ||
| Q3 25 | $513.7M | $595.9M | ||
| Q2 25 | $498.7M | $596.1M | ||
| Q1 25 | $476.6M | $565.2M | ||
| Q4 24 | $470.9M | $541.1M | ||
| Q3 24 | $472.9M | $543.3M | ||
| Q2 24 | $445.6M | $541.0M | ||
| Q1 24 | $412.6M | $512.4M |
净利润DXPETYL
| Q4 25 | $22.8M | $65.5M | ||
| Q3 25 | $21.6M | $84.4M | ||
| Q2 25 | $23.6M | $84.6M | ||
| Q1 25 | $20.6M | $81.1M | ||
| Q4 24 | $21.4M | $65.2M | ||
| Q3 24 | $21.1M | $75.9M | ||
| Q2 24 | $16.7M | $67.7M | ||
| Q1 24 | $11.3M | $54.2M |
毛利率DXPETYL
| Q4 25 | 31.6% | 45.5% | ||
| Q3 25 | 31.4% | 47.2% | ||
| Q2 25 | 31.6% | 45.8% | ||
| Q1 25 | 31.5% | 47.3% | ||
| Q4 24 | 31.5% | 43.8% | ||
| Q3 24 | 30.9% | 43.7% | ||
| Q2 24 | 30.9% | 44.0% | ||
| Q1 24 | 30.0% | 43.7% |
营业利润率DXPETYL
| Q4 25 | 8.8% | 13.0% | ||
| Q3 25 | 8.5% | 16.4% | ||
| Q2 25 | 9.2% | 16.0% | ||
| Q1 25 | 8.5% | 15.8% | ||
| Q4 24 | 8.3% | 13.2% | ||
| Q3 24 | 8.4% | 15.2% | ||
| Q2 24 | 8.4% | 14.4% | ||
| Q1 24 | 7.1% | 13.1% |
净利率DXPETYL
| Q4 25 | 4.3% | 11.4% | ||
| Q3 25 | 4.2% | 14.2% | ||
| Q2 25 | 4.7% | 14.2% | ||
| Q1 25 | 4.3% | 14.3% | ||
| Q4 24 | 4.5% | 12.1% | ||
| Q3 24 | 4.5% | 14.0% | ||
| Q2 24 | 3.7% | 12.5% | ||
| Q1 24 | 2.7% | 10.6% |
每股收益（稀释后）DXPETYL
| Q4 25 | $1.38 | $1.50 | ||
| Q3 25 | $1.31 | $1.93 | ||
| Q2 25 | $1.43 | $1.93 | ||
| Q1 25 | $1.25 | $1.84 | ||
| Q4 24 | $1.28 | $1.48 | ||
| Q3 24 | $1.27 | $1.74 | ||
| Q2 24 | $1.00 | $1.57 | ||
| Q1 24 | $0.67 | $1.26 |
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 | $1.1B |
| 总债务越低越好 | — | $599.7M |
| 股东权益账面价值 | $498.4M | $3.7B |
| 总资产 | $1.7B | $5.6B |
| 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DXPETYL
| Q4 25 | $303.8M | $1.1B | ||
| Q3 25 | $123.8M | $950.8M | ||
| Q2 25 | $112.9M | $892.3M | ||
| Q1 25 | $114.3M | $807.4M | ||
| Q4 24 | $148.3M | $768.0M | ||
| Q3 24 | $35.0M | $544.3M | ||
| Q2 24 | $49.9M | $258.0M | ||
| Q1 24 | $139.7M | $196.9M |
总债务DXPETYL
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M | ||
| Q1 24 | — | $596.6M |
股东权益DXPETYL
| Q4 25 | $498.4M | $3.7B | ||
| Q3 25 | $488.3M | $3.6B | ||
| Q2 25 | $468.1M | $3.6B | ||
| Q1 25 | $444.7M | $3.5B | ||
| Q4 24 | $422.8M | $3.4B | ||
| Q3 24 | $402.4M | $3.3B | ||
| Q2 24 | $384.7M | $3.1B | ||
| Q1 24 | $375.5M | $3.0B |
总资产DXPETYL
| Q4 25 | $1.7B | $5.6B | ||
| Q3 25 | $1.4B | $5.5B | ||
| Q2 25 | $1.4B | $5.4B | ||
| Q1 25 | $1.4B | $5.2B | ||
| Q4 24 | $1.3B | $5.2B | ||
| Q3 24 | $1.2B | $5.0B | ||
| Q2 24 | $1.2B | $4.8B | ||
| Q1 24 | $1.2B | $4.6B |
负债/权益比DXPETYL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
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 | $243.9M |
| 自由现金流经营现金流 - 资本支出 | $34.5M | $239.6M |
| 自由现金流率自由现金流/营收 | 6.5% | 41.7% |
| 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× | 3.72× |
| 过去12个月自由现金流最近4个季度 | $54.0M | $637.5M |
8季度趋势，按日历期对齐
经营现金流DXPETYL
| Q4 25 | $37.8M | $243.9M | ||
| Q3 25 | $34.9M | $255.2M | ||
| Q2 25 | $18.6M | $98.3M | ||
| Q1 25 | $3.0M | $56.2M | ||
| Q4 24 | $32.1M | $224.8M | ||
| Q3 24 | $28.3M | $263.7M | ||
| Q2 24 | $14.7M | $64.3M | ||
| Q1 24 | $27.0M | $71.8M |
自由现金流DXPETYL
| Q4 25 | $34.5M | $239.6M | ||
| Q3 25 | $28.1M | $251.3M | ||
| Q2 25 | $8.3M | $92.8M | ||
| Q1 25 | $-16.9M | $53.8M | ||
| Q4 24 | $22.7M | $221.0M | ||
| Q3 24 | $24.4M | $260.8M | ||
| Q2 24 | $5.9M | $57.7M | ||
| Q1 24 | $24.1M | $64.6M |
自由现金流率DXPETYL
| Q4 25 | 6.5% | 41.7% | ||
| Q3 25 | 5.5% | 42.2% | ||
| Q2 25 | 1.7% | 15.6% | ||
| Q1 25 | -3.6% | 9.5% | ||
| Q4 24 | 4.8% | 40.8% | ||
| Q3 24 | 5.2% | 48.0% | ||
| Q2 24 | 1.3% | 10.7% | ||
| Q1 24 | 5.8% | 12.6% |
资本支出强度DXPETYL
| Q4 25 | 0.6% | 0.8% | ||
| Q3 25 | 1.3% | 0.7% | ||
| Q2 25 | 2.1% | 0.9% | ||
| Q1 25 | 4.2% | 0.4% | ||
| Q4 24 | 2.0% | 0.7% | ||
| Q3 24 | 0.8% | 0.5% | ||
| Q2 24 | 2.0% | 1.2% | ||
| Q1 24 | 0.7% | 1.4% |
现金转化率DXPETYL
| Q4 25 | 1.65× | 3.72× | ||
| Q3 25 | 1.61× | 3.02× | ||
| Q2 25 | 0.79× | 1.16× | ||
| Q1 25 | 0.14× | 0.69× | ||
| Q4 24 | 1.50× | 3.45× | ||
| Q3 24 | 1.34× | 3.47× | ||
| Q2 24 | 0.88× | 0.95× | ||
| Q1 24 | 2.38× | 1.33× |
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% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
