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eXp World Holdings, Inc.（EXPI）与PATRICK INDUSTRIES INC（PATK）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PATRICK INDUSTRIES INC的1.3倍（$1.2B vs $924.2M），PATRICK INDUSTRIES INC净利率更高（3.1% vs -1.1%，领先4.2%），PATRICK INDUSTRIES INC同比增速更快（9.2% vs 8.5%），PATRICK INDUSTRIES INC自由现金流更多（$112.7M vs $11.9M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -0.5%）
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。
安杜里尔工业是一家美国国防科技企业，专注于先进自主系统的研发，其技术产品多应用于国防安全相关领域，在智能防务解决方案赛道具备行业竞争力。
EXPI vs PATK — 直观对比
营收规模更大
EXPI
是对方的1.3倍
$924.2M
营收增速更快
PATK
高出0.7%
8.5%
净利率更高
PATK
高出4.2%
-1.1%
自由现金流更多
PATK
多$100.8M
$11.9M
两年增速更快
EXPI
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $924.2M |
| 净利润 | $-12.9M | $29.1M |
| 毛利率 | — | 23.0% |
| 营业利润率 | -1.1% | 6.2% |
| 净利率 | -1.1% | 3.1% |
| 营收同比 | 8.5% | 9.2% |
| 净利润同比 | -35.7% | 99.7% |
| 每股收益（稀释后） | $-0.08 | $0.82 |
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EXPIPATK
| Q4 25 | $1.2B | $924.2M | ||
| Q3 25 | $1.3B | $975.6M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $954.9M | $1.0B | ||
| Q4 24 | $1.1B | $846.1M | ||
| Q3 24 | $1.2B | $919.4M | ||
| Q2 24 | $1.3B | $1.0B | ||
| Q1 24 | $943.1M | $933.5M |
净利润EXPIPATK
| Q4 25 | $-12.9M | $29.1M | ||
| Q3 25 | $3.5M | $35.3M | ||
| Q2 25 | $-2.3M | $32.4M | ||
| Q1 25 | $-11.0M | $38.2M | ||
| Q4 24 | $-9.5M | $14.6M | ||
| Q3 24 | $-8.5M | $40.9M | ||
| Q2 24 | $12.4M | $47.9M | ||
| Q1 24 | $-15.6M | $35.1M |
毛利率EXPIPATK
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | 99.9% | 23.1% | ||
| Q2 24 | 99.9% | 22.8% | ||
| Q1 24 | — | 21.9% |
营业利润率EXPIPATK
| Q4 25 | -1.1% | 6.2% | ||
| Q3 25 | 0.3% | 6.8% | ||
| Q2 25 | -0.2% | 8.3% | ||
| Q1 25 | -1.1% | 6.5% | ||
| Q4 24 | -1.0% | 4.7% | ||
| Q3 24 | -0.7% | 8.1% | ||
| Q2 24 | 1.4% | 8.3% | ||
| Q1 24 | -1.9% | 6.4% |
净利率EXPIPATK
| Q4 25 | -1.1% | 3.1% | ||
| Q3 25 | 0.3% | 3.6% | ||
| Q2 25 | -0.2% | 3.1% | ||
| Q1 25 | -1.2% | 3.8% | ||
| Q4 24 | -0.9% | 1.7% | ||
| Q3 24 | -0.7% | 4.4% | ||
| Q2 24 | 1.0% | 4.7% | ||
| Q1 24 | -1.7% | 3.8% |
每股收益（稀释后）EXPIPATK
| Q4 25 | $-0.08 | $0.82 | ||
| Q3 25 | $0.02 | $1.01 | ||
| Q2 25 | $-0.01 | $0.96 | ||
| Q1 25 | $-0.07 | $1.11 | ||
| Q4 24 | $-0.06 | $-1.44 | ||
| Q3 24 | $-0.06 | $1.80 | ||
| Q2 24 | $0.08 | $2.16 | ||
| Q1 24 | $-0.10 | $1.59 |
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 | $26.4M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $242.8M | $1.2B |
| 总资产 | $442.5M | $3.1B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资EXPIPATK
| Q4 25 | $124.2M | $26.4M | ||
| Q3 25 | $112.8M | $20.7M | ||
| Q2 25 | $94.6M | $22.0M | ||
| Q1 25 | $115.7M | $86.6M | ||
| Q4 24 | $113.6M | $33.6M | ||
| Q3 24 | $130.4M | $52.6M | ||
| Q2 24 | $108.4M | $44.0M | ||
| Q1 24 | $109.2M | $17.6M |
总债务EXPIPATK
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPIPATK
| Q4 25 | $242.8M | $1.2B | ||
| Q3 25 | $235.3M | $1.2B | ||
| Q2 25 | $218.4M | $1.1B | ||
| Q1 25 | $212.0M | $1.1B | ||
| Q4 24 | $204.9M | $1.1B | ||
| Q3 24 | $211.1M | $1.1B | ||
| Q2 24 | $220.3M | $1.1B | ||
| Q1 24 | $222.4M | $1.1B |
总资产EXPIPATK
| Q4 25 | $442.5M | $3.1B | ||
| Q3 25 | $458.7M | $3.1B | ||
| Q2 25 | $481.2M | $3.1B | ||
| Q1 25 | $435.8M | $3.2B | ||
| Q4 24 | $390.7M | $3.0B | ||
| Q3 24 | $432.6M | $3.1B | ||
| Q2 24 | $457.4M | $3.0B | ||
| Q1 24 | $426.7M | $3.0B |
负债/权益比EXPIPATK
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $130.8M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $112.7M |
| 自由现金流率自由现金流/营收 | 1.0% | 12.2% |
| 资本支出强度资本支出/营收 | 0.2% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 4.50× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $246.5M |
8季度趋势，按日历期对齐
经营现金流EXPIPATK
| Q4 25 | $13.8M | $130.8M | ||
| Q3 25 | $28.9M | $9.1M | ||
| Q2 25 | $36.1M | $149.4M | ||
| Q1 25 | $39.8M | $40.1M | ||
| Q4 24 | $13.7M | $102.7M | ||
| Q3 24 | $46.0M | $51.5M | ||
| Q2 24 | $71.1M | $137.5M | ||
| Q1 24 | $60.7M | $35.2M |
自由现金流EXPIPATK
| Q4 25 | $11.9M | $112.7M | ||
| Q3 25 | $26.6M | $-17.2M | ||
| Q2 25 | $33.3M | $131.1M | ||
| Q1 25 | $37.3M | $19.9M | ||
| Q4 24 | $11.6M | $77.2M | ||
| Q3 24 | $44.4M | $33.7M | ||
| Q2 24 | $69.7M | $120.6M | ||
| Q1 24 | $59.3M | $19.7M |
自由现金流率EXPIPATK
| Q4 25 | 1.0% | 12.2% | ||
| Q3 25 | 2.0% | -1.8% | ||
| Q2 25 | 2.5% | 12.5% | ||
| Q1 25 | 3.9% | 2.0% | ||
| Q4 24 | 1.1% | 9.1% | ||
| Q3 24 | 3.6% | 3.7% | ||
| Q2 24 | 5.4% | 11.9% | ||
| Q1 24 | 6.3% | 2.1% |
资本支出强度EXPIPATK
| Q4 25 | 0.2% | 2.0% | ||
| Q3 25 | 0.2% | 2.7% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.3% | 2.0% | ||
| Q4 24 | 0.2% | 3.0% | ||
| Q3 24 | 0.1% | 1.9% | ||
| Q2 24 | 0.1% | 1.7% | ||
| Q1 24 | 0.1% | 1.7% |
现金转化率EXPIPATK
| Q4 25 | — | 4.50× | ||
| Q3 25 | 8.26× | 0.26× | ||
| Q2 25 | — | 4.61× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 7.05× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 5.75× | 2.87× | ||
| Q1 24 | — | 1.00× |
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% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
