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eXp World Holdings, Inc.（EXPI）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
eXp World Holdings, Inc.的季度营收约是LCI INDUSTRIES的1.3倍（$1.2B vs $932.7M），LCI INDUSTRIES净利率更高（2.0% vs -1.1%，领先3.1%），LCI INDUSTRIES同比增速更快（16.1% vs 8.5%），LCI INDUSTRIES自由现金流更多（$64.3M vs $11.9M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -1.8%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
EXPI vs LCII — 直观对比
营收规模更大
EXPI
是对方的1.3倍
$932.7M
营收增速更快
LCII
高出7.6%
8.5%
净利率更高
LCII
高出3.1%
-1.1%
自由现金流更多
LCII
多$52.4M
$11.9M
两年增速更快
EXPI
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $932.7M |
| 净利润 | $-12.9M | $18.7M |
| 毛利率 | — | 22.1% |
| 营业利润率 | -1.1% | 3.8% |
| 净利率 | -1.1% | 2.0% |
| 营收同比 | 8.5% | 16.1% |
| 净利润同比 | -35.7% | 95.7% |
| 每股收益（稀释后） | $-0.08 | $0.79 |
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EXPILCII
| Q4 25 | $1.2B | $932.7M | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $954.9M | $1.0B | ||
| Q4 24 | $1.1B | $803.1M | ||
| Q3 24 | $1.2B | $915.5M | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $943.1M | $968.0M |
净利润EXPILCII
| Q4 25 | $-12.9M | $18.7M | ||
| Q3 25 | $3.5M | $62.5M | ||
| Q2 25 | $-2.3M | $57.6M | ||
| Q1 25 | $-11.0M | $49.4M | ||
| Q4 24 | $-9.5M | $9.5M | ||
| Q3 24 | $-8.5M | $35.6M | ||
| Q2 24 | $12.4M | $61.2M | ||
| Q1 24 | $-15.6M | $36.5M |
毛利率EXPILCII
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | 99.9% | 24.0% | ||
| Q2 24 | 99.9% | 25.3% | ||
| Q1 24 | — | 23.1% |
营业利润率EXPILCII
| Q4 25 | -1.1% | 3.8% | ||
| Q3 25 | 0.3% | 7.3% | ||
| Q2 25 | -0.2% | 7.9% | ||
| Q1 25 | -1.1% | 7.8% | ||
| Q4 24 | -1.0% | 2.0% | ||
| Q3 24 | -0.7% | 5.9% | ||
| Q2 24 | 1.4% | 8.6% | ||
| Q1 24 | -1.9% | 6.0% |
净利率EXPILCII
| Q4 25 | -1.1% | 2.0% | ||
| Q3 25 | 0.3% | 6.0% | ||
| Q2 25 | -0.2% | 5.2% | ||
| Q1 25 | -1.2% | 4.7% | ||
| Q4 24 | -0.9% | 1.2% | ||
| Q3 24 | -0.7% | 3.9% | ||
| Q2 24 | 1.0% | 5.8% | ||
| Q1 24 | -1.7% | 3.8% |
每股收益（稀释后）EXPILCII
| Q4 25 | $-0.08 | $0.79 | ||
| Q3 25 | $0.02 | $2.55 | ||
| Q2 25 | $-0.01 | $2.29 | ||
| Q1 25 | $-0.07 | $1.94 | ||
| Q4 24 | $-0.06 | $0.37 | ||
| Q3 24 | $-0.06 | $1.39 | ||
| Q2 24 | $0.08 | $2.40 | ||
| Q1 24 | $-0.10 | $1.44 |
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 | $124.2M | $222.6M |
| 总债务越低越好 | — | $945.2M |
| 股东权益账面价值 | $242.8M | $1.4B |
| 总资产 | $442.5M | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资EXPILCII
| Q4 25 | $124.2M | $222.6M | ||
| Q3 25 | $112.8M | $199.7M | ||
| Q2 25 | $94.6M | $191.9M | ||
| Q1 25 | $115.7M | $231.2M | ||
| Q4 24 | $113.6M | $165.8M | ||
| Q3 24 | $130.4M | $161.2M | ||
| Q2 24 | $108.4M | $130.4M | ||
| Q1 24 | $109.2M | $22.6M |
总债务EXPILCII
| Q4 25 | — | $945.2M | ||
| Q3 25 | — | $947.8M | ||
| Q2 25 | — | $948.0M | ||
| Q1 25 | — | $938.3M | ||
| Q4 24 | — | $757.3M | ||
| Q3 24 | — | $822.5M | ||
| Q2 24 | — | $829.7M | ||
| Q1 24 | — | $855.3M |
股东权益EXPILCII
| Q4 25 | $242.8M | $1.4B | ||
| Q3 25 | $235.3M | $1.4B | ||
| Q2 25 | $218.4M | $1.4B | ||
| Q1 25 | $212.0M | $1.4B | ||
| Q4 24 | $204.9M | $1.4B | ||
| Q3 24 | $211.1M | $1.4B | ||
| Q2 24 | $220.3M | $1.4B | ||
| Q1 24 | $222.4M | $1.4B |
总资产EXPILCII
| Q4 25 | $442.5M | $3.2B | ||
| Q3 25 | $458.7M | $3.2B | ||
| Q2 25 | $481.2M | $3.2B | ||
| Q1 25 | $435.8M | $3.1B | ||
| Q4 24 | $390.7M | $2.9B | ||
| Q3 24 | $432.6M | $3.0B | ||
| Q2 24 | $457.4M | $3.0B | ||
| Q1 24 | $426.7M | $3.0B |
负债/权益比EXPILCII
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.63× |
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 | $13.8M | $78.9M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $64.3M |
| 自由现金流率自由现金流/营收 | 1.0% | 6.9% |
| 资本支出强度资本支出/营收 | 0.2% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 4.22× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $278.3M |
8季度趋势，按日历期对齐
经营现金流EXPILCII
| Q4 25 | $13.8M | $78.9M | ||
| Q3 25 | $28.9M | $97.2M | ||
| Q2 25 | $36.1M | $112.2M | ||
| Q1 25 | $39.8M | $42.7M | ||
| Q4 24 | $13.7M | $106.6M | ||
| Q3 24 | $46.0M | $78.4M | ||
| Q2 24 | $71.1M | $192.9M | ||
| Q1 24 | $60.7M | $-7.7M |
自由现金流EXPILCII
| Q4 25 | $11.9M | $64.3M | ||
| Q3 25 | $26.6M | $80.9M | ||
| Q2 25 | $33.3M | $99.5M | ||
| Q1 25 | $37.3M | $33.7M | ||
| Q4 24 | $11.6M | $95.7M | ||
| Q3 24 | $44.4M | $68.3M | ||
| Q2 24 | $69.7M | $180.2M | ||
| Q1 24 | $59.3M | $-16.3M |
自由现金流率EXPILCII
| Q4 25 | 1.0% | 6.9% | ||
| Q3 25 | 2.0% | 7.8% | ||
| Q2 25 | 2.5% | 9.0% | ||
| Q1 25 | 3.9% | 3.2% | ||
| Q4 24 | 1.1% | 11.9% | ||
| Q3 24 | 3.6% | 7.5% | ||
| Q2 24 | 5.4% | 17.1% | ||
| Q1 24 | 6.3% | -1.7% |
资本支出强度EXPILCII
| Q4 25 | 0.2% | 1.6% | ||
| Q3 25 | 0.2% | 1.6% | ||
| Q2 25 | 0.2% | 1.2% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.2% | 1.4% | ||
| Q3 24 | 0.1% | 1.1% | ||
| Q2 24 | 0.1% | 1.2% | ||
| Q1 24 | 0.1% | 0.9% |
现金转化率EXPILCII
| Q4 25 | — | 4.22× | ||
| Q3 25 | 8.26× | 1.55× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 11.17× | ||
| Q3 24 | — | 2.20× | ||
| Q2 24 | 5.75× | 3.15× | ||
| Q1 24 | — | -0.21× |
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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
