vs
eXp World Holdings, Inc.（EXPI）与PAR PACIFIC HOLDINGS, INC.（PARR）财务数据对比。点击上方公司名可切换其他公司
PAR PACIFIC HOLDINGS, INC.的季度营收约是eXp World Holdings, Inc.的1.5倍（$1.8B vs $1.2B），PAR PACIFIC HOLDINGS, INC.净利率更高（2.5% vs -1.1%，领先3.6%），eXp World Holdings, Inc.同比增速更快（8.5% vs 4.5%），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -4.9%）
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。
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
EXPI vs PARR — 直观对比
营收规模更大
PARR
是对方的1.5倍
$1.2B
营收增速更快
EXPI
高出4.0%
4.5%
净利率更高
PARR
高出3.6%
-1.1%
两年增速更快
EXPI
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.8B |
| 净利润 | $-12.9M | $46.2M |
| 毛利率 | — | — |
| 营业利润率 | -1.1% | 3.1% |
| 净利率 | -1.1% | 2.5% |
| 营收同比 | 8.5% | 4.5% |
| 净利润同比 | -35.7% | 279.1% |
| 每股收益（稀释后） | $-0.08 | $1.10 |
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EXPIPARR
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.2B | $1.8B | ||
| Q3 25 | $1.3B | $2.0B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $954.9M | $1.7B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.3B | $2.0B |
净利润EXPIPARR
| Q1 26 | — | $46.2M | ||
| Q4 25 | $-12.9M | $77.7M | ||
| Q3 25 | $3.5M | $262.6M | ||
| Q2 25 | $-2.3M | $59.5M | ||
| Q1 25 | $-11.0M | $-30.4M | ||
| Q4 24 | $-9.5M | $-55.7M | ||
| Q3 24 | $-8.5M | $7.5M | ||
| Q2 24 | $12.4M | $18.6M |
毛利率EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | 99.9% | — |
营业利润率EXPIPARR
| Q1 26 | — | 3.1% | ||
| Q4 25 | -1.1% | 5.5% | ||
| Q3 25 | 0.3% | 17.8% | ||
| Q2 25 | -0.2% | 5.1% | ||
| Q1 25 | -1.1% | -0.9% | ||
| Q4 24 | -1.0% | -2.6% | ||
| Q3 24 | -0.7% | 1.7% | ||
| Q2 24 | 1.4% | 2.4% |
净利率EXPIPARR
| Q1 26 | — | 2.5% | ||
| Q4 25 | -1.1% | 4.3% | ||
| Q3 25 | 0.3% | 13.0% | ||
| Q2 25 | -0.2% | 3.1% | ||
| Q1 25 | -1.2% | -1.7% | ||
| Q4 24 | -0.9% | -3.0% | ||
| Q3 24 | -0.7% | 0.3% | ||
| Q2 24 | 1.0% | 0.9% |
每股收益（稀释后）EXPIPARR
| Q1 26 | — | $1.10 | ||
| Q4 25 | $-0.08 | $1.40 | ||
| Q3 25 | $0.02 | $5.16 | ||
| Q2 25 | $-0.01 | $1.17 | ||
| Q1 25 | $-0.07 | $-0.57 | ||
| Q4 24 | $-0.06 | $-0.98 | ||
| Q3 24 | $-0.06 | $0.13 | ||
| Q2 24 | $0.08 | $0.32 |
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 | $172.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $242.8M | $1.5B |
| 总资产 | $442.5M | — |
| 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EXPIPARR
| Q1 26 | — | $172.2M | ||
| Q4 25 | $124.2M | $164.1M | ||
| Q3 25 | $112.8M | $159.1M | ||
| Q2 25 | $94.6M | $169.2M | ||
| Q1 25 | $115.7M | $133.7M | ||
| Q4 24 | $113.6M | $191.9M | ||
| Q3 24 | $130.4M | $183.0M | ||
| Q2 24 | $108.4M | $179.7M |
总债务EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | — | $802.9M | ||
| Q3 25 | — | $967.1M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.1B |
股东权益EXPIPARR
| Q1 26 | — | $1.5B | ||
| Q4 25 | $242.8M | $1.5B | ||
| Q3 25 | $235.3M | $1.4B | ||
| Q2 25 | $218.4M | $1.1B | ||
| Q1 25 | $212.0M | $1.1B | ||
| Q4 24 | $204.9M | $1.2B | ||
| Q3 24 | $211.1M | $1.3B | ||
| Q2 24 | $220.3M | $1.3B |
总资产EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | $442.5M | $3.8B | ||
| Q3 25 | $458.7M | $4.1B | ||
| Q2 25 | $481.2M | $3.9B | ||
| Q1 25 | $435.8M | $3.8B | ||
| Q4 24 | $390.7M | $3.8B | ||
| Q3 24 | $432.6M | $3.9B | ||
| Q2 24 | $457.4M | $3.9B |
负债/权益比EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 0.93× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 0.84× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $11.9M | — |
| 自由现金流率自由现金流/营收 | 1.0% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | $13.8M | $93.8M | ||
| Q3 25 | $28.9M | $219.4M | ||
| Q2 25 | $36.1M | $133.6M | ||
| Q1 25 | $39.8M | $-1.4M | ||
| Q4 24 | $13.7M | $-15.5M | ||
| Q3 24 | $46.0M | $78.5M | ||
| Q2 24 | $71.1M | $-4.7M |
自由现金流EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | $11.9M | $66.3M | ||
| Q3 25 | $26.6M | $187.1M | ||
| Q2 25 | $33.3M | $85.5M | ||
| Q1 25 | $37.3M | $-42.3M | ||
| Q4 24 | $11.6M | $-63.1M | ||
| Q3 24 | $44.4M | $50.2M | ||
| Q2 24 | $69.7M | $-41.6M |
自由现金流率EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 3.7% | ||
| Q3 25 | 2.0% | 9.3% | ||
| Q2 25 | 2.5% | 4.5% | ||
| Q1 25 | 3.9% | -2.4% | ||
| Q4 24 | 1.1% | -3.4% | ||
| Q3 24 | 3.6% | 2.3% | ||
| Q2 24 | 5.4% | -2.1% |
资本支出强度EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 1.5% | ||
| Q3 25 | 0.2% | 1.6% | ||
| Q2 25 | 0.2% | 2.5% | ||
| Q1 25 | 0.3% | 2.3% | ||
| Q4 24 | 0.2% | 2.6% | ||
| Q3 24 | 0.1% | 1.3% | ||
| Q2 24 | 0.1% | 1.8% |
现金转化率EXPIPARR
| Q1 26 | — | — | ||
| Q4 25 | — | 1.21× | ||
| Q3 25 | 8.26× | 0.84× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.48× | ||
| Q2 24 | 5.75× | -0.25× |
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% |
PARR
暂无分部数据
