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eXp World Holdings, Inc.（EXPI）与SAIA INC（SAIA）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SAIA INC的1.5倍（$1.2B vs $790.0M），SAIA INC净利率更高（6.0% vs -1.1%，领先7.1%），eXp World Holdings, Inc.同比增速更快（8.5% vs 0.1%），SAIA INC自由现金流更多（$37.5M vs $11.9M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs 2.3%）
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。
Saia是美国知名零担货运企业，1924年创立于路易斯安那州霍马。成立最初五十年仅在路易斯安那州和得克萨斯州运营，1980年后逐步向美国南部多州扩张，后续通过同业并购将服务覆盖至36个州，目前位列美国零担承运商前十，年营收超18亿美元。
EXPI vs SAIA — 直观对比
营收规模更大
EXPI
是对方的1.5倍
$790.0M
营收增速更快
EXPI
高出8.4%
0.1%
净利率更高
SAIA
高出7.1%
-1.1%
自由现金流更多
SAIA
多$25.6M
$11.9M
两年增速更快
EXPI
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $790.0M |
| 净利润 | $-12.9M | $47.5M |
| 毛利率 | — | — |
| 营业利润率 | -1.1% | 8.1% |
| 净利率 | -1.1% | 6.0% |
| 营收同比 | 8.5% | 0.1% |
| 净利润同比 | -35.7% | -37.6% |
| 每股收益（稀释后） | $-0.08 | $1.77 |
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EXPISAIA
| Q4 25 | $1.2B | $790.0M | ||
| Q3 25 | $1.3B | $839.6M | ||
| Q2 25 | $1.3B | $817.1M | ||
| Q1 25 | $954.9M | $787.6M | ||
| Q4 24 | $1.1B | $789.0M | ||
| Q3 24 | $1.2B | $842.1M | ||
| Q2 24 | $1.3B | $823.2M | ||
| Q1 24 | $943.1M | $754.8M |
净利润EXPISAIA
| Q4 25 | $-12.9M | $47.5M | ||
| Q3 25 | $3.5M | $86.3M | ||
| Q2 25 | $-2.3M | $71.4M | ||
| Q1 25 | $-11.0M | $49.8M | ||
| Q4 24 | $-9.5M | $76.1M | ||
| Q3 24 | $-8.5M | $92.7M | ||
| Q2 24 | $12.4M | $102.5M | ||
| Q1 24 | $-15.6M | $90.7M |
毛利率EXPISAIA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | 99.9% | — | ||
| Q1 24 | — | — |
营业利润率EXPISAIA
| Q4 25 | -1.1% | 8.1% | ||
| Q3 25 | 0.3% | 14.1% | ||
| Q2 25 | -0.2% | 12.2% | ||
| Q1 25 | -1.1% | 8.9% | ||
| Q4 24 | -1.0% | 12.9% | ||
| Q3 24 | -0.7% | 14.9% | ||
| Q2 24 | 1.4% | 16.7% | ||
| Q1 24 | -1.9% | 15.6% |
净利率EXPISAIA
| Q4 25 | -1.1% | 6.0% | ||
| Q3 25 | 0.3% | 10.3% | ||
| Q2 25 | -0.2% | 8.7% | ||
| Q1 25 | -1.2% | 6.3% | ||
| Q4 24 | -0.9% | 9.6% | ||
| Q3 24 | -0.7% | 11.0% | ||
| Q2 24 | 1.0% | 12.5% | ||
| Q1 24 | -1.7% | 12.0% |
每股收益（稀释后）EXPISAIA
| Q4 25 | $-0.08 | $1.77 | ||
| Q3 25 | $0.02 | $3.22 | ||
| Q2 25 | $-0.01 | $2.67 | ||
| Q1 25 | $-0.07 | $1.86 | ||
| Q4 24 | $-0.06 | $2.84 | ||
| Q3 24 | $-0.06 | $3.46 | ||
| Q2 24 | $0.08 | $3.83 | ||
| Q1 24 | $-0.10 | $3.38 |
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 | $19.7M |
| 总债务越低越好 | — | $163.0M |
| 股东权益账面价值 | $242.8M | $2.6B |
| 总资产 | $442.5M | $3.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资EXPISAIA
| Q4 25 | $124.2M | $19.7M | ||
| Q3 25 | $112.8M | $35.5M | ||
| Q2 25 | $94.6M | $18.8M | ||
| Q1 25 | $115.7M | $16.5M | ||
| Q4 24 | $113.6M | $19.5M | ||
| Q3 24 | $130.4M | $14.4M | ||
| Q2 24 | $108.4M | $11.2M | ||
| Q1 24 | $109.2M | $12.3M |
总债务EXPISAIA
| Q4 25 | — | $163.0M | ||
| Q3 25 | — | $218.0M | ||
| Q2 25 | — | $307.1M | ||
| Q1 25 | — | $291.8M | ||
| Q4 24 | — | $195.0M | ||
| Q3 24 | — | $184.2M | ||
| Q2 24 | — | $169.1M | ||
| Q1 24 | — | $76.6M |
股东权益EXPISAIA
| Q4 25 | $242.8M | $2.6B | ||
| Q3 25 | $235.3M | $2.5B | ||
| Q2 25 | $218.4M | $2.4B | ||
| Q1 25 | $212.0M | $2.4B | ||
| Q4 24 | $204.9M | $2.3B | ||
| Q3 24 | $211.1M | $2.2B | ||
| Q2 24 | $220.3M | $2.1B | ||
| Q1 24 | $222.4M | $2.0B |
总资产EXPISAIA
| Q4 25 | $442.5M | $3.5B | ||
| Q3 25 | $458.7M | $3.5B | ||
| Q2 25 | $481.2M | $3.5B | ||
| Q1 25 | $435.8M | $3.4B | ||
| Q4 24 | $390.7M | $3.2B | ||
| Q3 24 | $432.6M | $3.1B | ||
| Q2 24 | $457.4M | $3.0B | ||
| Q1 24 | $426.7M | $2.8B |
负债/权益比EXPISAIA
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.09× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | 0.08× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.04× |
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 | $137.3M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $37.5M |
| 自由现金流率自由现金流/营收 | 1.0% | 4.7% |
| 资本支出强度资本支出/营收 | 0.2% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 2.89× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $27.3M |
8季度趋势，按日历期对齐
经营现金流EXPISAIA
| Q4 25 | $13.8M | $137.3M | ||
| Q3 25 | $28.9M | $177.8M | ||
| Q2 25 | $36.1M | $170.7M | ||
| Q1 25 | $39.8M | $109.1M | ||
| Q4 24 | $13.7M | $164.7M | ||
| Q3 24 | $46.0M | $181.7M | ||
| Q2 24 | $71.1M | $130.8M | ||
| Q1 24 | $60.7M | $106.5M |
自由现金流EXPISAIA
| Q4 25 | $11.9M | $37.5M | ||
| Q3 25 | $26.6M | $87.6M | ||
| Q2 25 | $33.3M | $-3.9M | ||
| Q1 25 | $37.3M | $-93.8M | ||
| Q4 24 | $11.6M | $-3.5M | ||
| Q3 24 | $44.4M | $-11.7M | ||
| Q2 24 | $69.7M | $-94.0M | ||
| Q1 24 | $59.3M | $-350.7M |
自由现金流率EXPISAIA
| Q4 25 | 1.0% | 4.7% | ||
| Q3 25 | 2.0% | 10.4% | ||
| Q2 25 | 2.5% | -0.5% | ||
| Q1 25 | 3.9% | -11.9% | ||
| Q4 24 | 1.1% | -0.4% | ||
| Q3 24 | 3.6% | -1.4% | ||
| Q2 24 | 5.4% | -11.4% | ||
| Q1 24 | 6.3% | -46.5% |
资本支出强度EXPISAIA
| Q4 25 | 0.2% | 12.6% | ||
| Q3 25 | 0.2% | 10.8% | ||
| Q2 25 | 0.2% | 21.4% | ||
| Q1 25 | 0.3% | 25.8% | ||
| Q4 24 | 0.2% | 21.3% | ||
| Q3 24 | 0.1% | 23.0% | ||
| Q2 24 | 0.1% | 27.3% | ||
| Q1 24 | 0.1% | 60.6% |
现金转化率EXPISAIA
| Q4 25 | — | 2.89× | ||
| Q3 25 | 8.26× | 2.06× | ||
| Q2 25 | — | 2.39× | ||
| Q1 25 | — | 2.19× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 1.96× | ||
| Q2 24 | 5.75× | 1.28× | ||
| Q1 24 | — | 1.17× |
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% |
SAIA
暂无分部数据
