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eXp World Holdings, Inc.（EXPI）与MSC INDUSTRIAL DIRECT CO INC（MSM）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MSC INDUSTRIAL DIRECT CO INC的1.2倍（$1.2B vs $965.7M），MSC INDUSTRIAL DIRECT CO INC净利率更高（5.4% vs -1.1%，领先6.4%），eXp World Holdings, Inc.同比增速更快（8.5% vs 4.0%），eXp World Holdings, Inc.自由现金流更多（$11.9M vs $7.4M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -3.4%）
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。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
EXPI vs MSM — 直观对比
营收规模更大
EXPI
是对方的1.2倍
$965.7M
营收增速更快
EXPI
高出4.5%
4.0%
净利率更高
MSM
高出6.4%
-1.1%
自由现金流更多
EXPI
多$4.5M
$7.4M
两年增速更快
EXPI
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $965.7M |
| 净利润 | $-12.9M | $51.8M |
| 毛利率 | — | 40.7% |
| 营业利润率 | -1.1% | 7.9% |
| 净利率 | -1.1% | 5.4% |
| 营收同比 | 8.5% | 4.0% |
| 净利润同比 | -35.7% | 11.1% |
| 每股收益（稀释后） | $-0.08 | $0.93 |
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EXPIMSM
| Q4 25 | $1.2B | $965.7M | ||
| Q3 25 | $1.3B | $978.2M | ||
| Q2 25 | $1.3B | $971.1M | ||
| Q1 25 | $954.9M | — | ||
| Q4 24 | $1.1B | $928.5M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.3B | $979.4M | ||
| Q1 24 | $943.1M | $935.3M |
净利润EXPIMSM
| Q4 25 | $-12.9M | $51.8M | ||
| Q3 25 | $3.5M | $56.5M | ||
| Q2 25 | $-2.3M | $56.8M | ||
| Q1 25 | $-11.0M | — | ||
| Q4 24 | $-9.5M | $46.6M | ||
| Q3 24 | $-8.5M | — | ||
| Q2 24 | $12.4M | $71.7M | ||
| Q1 24 | $-15.6M | $61.8M |
毛利率EXPIMSM
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | 40.4% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | 99.9% | 40.9% | ||
| Q1 24 | — | 41.5% |
营业利润率EXPIMSM
| Q4 25 | -1.1% | 7.9% | ||
| Q3 25 | 0.3% | 8.6% | ||
| Q2 25 | -0.2% | 8.5% | ||
| Q1 25 | -1.1% | — | ||
| Q4 24 | -1.0% | 7.8% | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | 1.4% | 10.9% | ||
| Q1 24 | -1.9% | 9.7% |
净利率EXPIMSM
| Q4 25 | -1.1% | 5.4% | ||
| Q3 25 | 0.3% | 5.8% | ||
| Q2 25 | -0.2% | 5.9% | ||
| Q1 25 | -1.2% | — | ||
| Q4 24 | -0.9% | 5.0% | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | 1.0% | 7.3% | ||
| Q1 24 | -1.7% | 6.6% |
每股收益（稀释后）EXPIMSM
| Q4 25 | $-0.08 | $0.93 | ||
| Q3 25 | $0.02 | $1.02 | ||
| Q2 25 | $-0.01 | $1.02 | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $-0.06 | $0.83 | ||
| Q3 24 | $-0.06 | — | ||
| Q2 24 | $0.08 | $1.27 | ||
| Q1 24 | $-0.10 | $1.10 |
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 | $40.3M |
| 总债务越低越好 | — | $214.1M |
| 股东权益账面价值 | $242.8M | $1.4B |
| 总资产 | $442.5M | $2.5B |
| 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EXPIMSM
| Q4 25 | $124.2M | $40.3M | ||
| Q3 25 | $112.8M | $56.2M | ||
| Q2 25 | $94.6M | $71.7M | ||
| Q1 25 | $115.7M | — | ||
| Q4 24 | $113.6M | $57.3M | ||
| Q3 24 | $130.4M | — | ||
| Q2 24 | $108.4M | $25.9M | ||
| Q1 24 | $109.2M | $22.2M |
总债务EXPIMSM
| Q4 25 | — | $214.1M | ||
| Q3 25 | — | $168.8M | ||
| Q2 25 | — | $285.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $289.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $299.8M | ||
| Q1 24 | — | $294.5M |
股东权益EXPIMSM
| Q4 25 | $242.8M | $1.4B | ||
| Q3 25 | $235.3M | $1.4B | ||
| Q2 25 | $218.4M | $1.4B | ||
| Q1 25 | $212.0M | — | ||
| Q4 24 | $204.9M | $1.4B | ||
| Q3 24 | $211.1M | — | ||
| Q2 24 | $220.3M | $1.4B | ||
| Q1 24 | $222.4M | $1.4B |
总资产EXPIMSM
| Q4 25 | $442.5M | $2.5B | ||
| Q3 25 | $458.7M | $2.5B | ||
| Q2 25 | $481.2M | $2.5B | ||
| Q1 25 | $435.8M | — | ||
| Q4 24 | $390.7M | $2.5B | ||
| Q3 24 | $432.6M | — | ||
| Q2 24 | $457.4M | $2.5B | ||
| Q1 24 | $426.7M | $2.5B |
负债/权益比EXPIMSM
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $7.4M |
| 自由现金流率自由现金流/营收 | 1.0% | 0.8% |
| 资本支出强度资本支出/营收 | 0.2% | 2.3% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | $109.0M | — |
8季度趋势，按日历期对齐
经营现金流EXPIMSM
| Q4 25 | $13.8M | $29.4M | ||
| Q3 25 | $28.9M | — | ||
| Q2 25 | $36.1M | $151.6M | ||
| Q1 25 | $39.8M | — | ||
| Q4 24 | $13.7M | $101.9M | ||
| Q3 24 | $46.0M | — | ||
| Q2 24 | $71.1M | $143.5M | ||
| Q1 24 | $60.7M | $78.7M |
自由现金流EXPIMSM
| Q4 25 | $11.9M | $7.4M | ||
| Q3 25 | $26.6M | — | ||
| Q2 25 | $33.3M | $100.7M | ||
| Q1 25 | $37.3M | — | ||
| Q4 24 | $11.6M | $81.7M | ||
| Q3 24 | $44.4M | — | ||
| Q2 24 | $69.7M | $114.0M | ||
| Q1 24 | $59.3M | $53.4M |
自由现金流率EXPIMSM
| Q4 25 | 1.0% | 0.8% | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.5% | 10.4% | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 1.1% | 8.8% | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 5.4% | 11.6% | ||
| Q1 24 | 6.3% | 5.7% |
资本支出强度EXPIMSM
| Q4 25 | 0.2% | 2.3% | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | 5.2% | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.2% | 2.2% | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | 3.0% | ||
| Q1 24 | 0.1% | 2.7% |
现金转化率EXPIMSM
| Q4 25 | — | 0.57× | ||
| Q3 25 | 8.26× | — | ||
| Q2 25 | — | 2.67× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.75× | 2.00× | ||
| Q1 24 | — | 1.27× |
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% |
MSM
暂无分部数据
