diff --git a/Cargo.lock b/Cargo.lock
index e0744345a..530957828 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2047,6 +2047,7 @@ name = "pep508_rs"
 version = "0.2.3"
 dependencies = [
  "derivative",
+ "fs-err",
  "indoc",
  "log",
  "once_cell",
diff --git a/crates/distribution-types/src/editable.rs b/crates/distribution-types/src/editable.rs
index 3d746219b..3603e00c6 100644
--- a/crates/distribution-types/src/editable.rs
+++ b/crates/distribution-types/src/editable.rs
@@ -1,45 +1,40 @@
 use std::borrow::Cow;
-use std::path::{Path, PathBuf};
+use std::path::PathBuf;
 
 use url::Url;
 
 use pep508_rs::VerbatimUrl;
-use requirements_txt::EditableRequirement;
 
 use crate::Verbatim;
 
 #[derive(Debug, Clone)]
 pub struct LocalEditable {
-    pub requirement: EditableRequirement,
+    /// The underlying [`EditableRequirement`] from the `requirements.txt` file.
+    pub url: VerbatimUrl,
     /// Either the path to the editable or its checkout.
     pub path: PathBuf,
 }
 
 impl LocalEditable {
-    /// Return the [`VerbatimUrl`] of the editable.
+    /// Return the editable as a [`Url`].
     pub fn url(&self) -> &VerbatimUrl {
-        self.requirement.url()
-    }
-
-    /// Return the underlying [`Url`] of the editable.
-    pub fn raw(&self) -> &Url {
-        self.requirement.raw()
+        &self.url
     }
 
     /// Return the resolved path to the editable.
-    pub fn path(&self) -> &Path {
-        &self.path
+    pub fn raw(&self) -> &Url {
+        self.url.raw()
     }
 }
 
 impl Verbatim for LocalEditable {
     fn verbatim(&self) -> Cow<'_, str> {
-        self.url().verbatim()
+        self.url.verbatim()
     }
 }
 
 impl std::fmt::Display for LocalEditable {
     fn fmt(&self, f: &mut std::fmt::Formatter<'_>) -> std::fmt::Result {
-        self.requirement.fmt(f)
+        std::fmt::Display::fmt(&self.url, f)
     }
 }
diff --git a/crates/distribution-types/src/lib.rs b/crates/distribution-types/src/lib.rs
index 3cab4778c..2ca6fb4d4 100644
--- a/crates/distribution-types/src/lib.rs
+++ b/crates/distribution-types/src/lib.rs
@@ -43,7 +43,6 @@ use distribution_filename::{DistFilename, SourceDistFilename, WheelFilename};
 use pep440_rs::Version;
 use pep508_rs::VerbatimUrl;
 use puffin_normalize::PackageName;
-use requirements_txt::EditableRequirement;
 
 pub use crate::any::*;
 pub use crate::cached::*;
@@ -272,24 +271,13 @@ impl Dist {
 
     /// Create a [`Dist`] for a local editable distribution.
     pub fn from_editable(name: PackageName, editable: LocalEditable) -> Result<Self, Error> {
-        match editable.requirement {
-            EditableRequirement::Path { url, path } => {
-                Ok(Self::Source(SourceDist::Path(PathSourceDist {
-                    name,
-                    url,
-                    path,
-                    editable: true,
-                })))
-            }
-            EditableRequirement::Url { url, path } => {
-                Ok(Self::Source(SourceDist::Path(PathSourceDist {
-                    name,
-                    path,
-                    url,
-                    editable: true,
-                })))
-            }
-        }
+        let LocalEditable { url, path } = editable;
+        Ok(Self::Source(SourceDist::Path(PathSourceDist {
+            name,
+            url,
+            path,
+            editable: true,
+        })))
     }
 
     /// Returns the [`File`] instance, if this dist is from a registry with simple json api support
@@ -353,11 +341,7 @@ impl SourceDist {
                 url: VerbatimUrl::unknown(url),
                 ..dist
             }),
-            SourceDist::Path(dist) => SourceDist::Path(PathSourceDist {
-                url: VerbatimUrl::unknown(url),
-                ..dist
-            }),
-            dist @ SourceDist::Registry(_) => dist,
+            dist => dist,
         }
     }
 }
diff --git a/crates/pep508-rs/Cargo.toml b/crates/pep508-rs/Cargo.toml
index 3439d3de7..33bb79dbe 100644
--- a/crates/pep508-rs/Cargo.toml
+++ b/crates/pep508-rs/Cargo.toml
@@ -21,6 +21,7 @@ pep440_rs = { path = "../pep440-rs" }
 puffin-normalize = { path = "../puffin-normalize" }
 
 derivative = { workspace = true }
+fs-err = { workspace = true }
 once_cell = { workspace = true }
 pyo3 = { workspace = true, optional = true, features = ["abi3", "extension-module"] }
 pyo3-log = { workspace = true, optional = true }
diff --git a/crates/pep508-rs/src/lib.rs b/crates/pep508-rs/src/lib.rs
index 4ef989ec1..109349be3 100644
--- a/crates/pep508-rs/src/lib.rs
+++ b/crates/pep508-rs/src/lib.rs
@@ -44,13 +44,13 @@ use pep440_rs::{Version, VersionSpecifier, VersionSpecifiers};
 #[cfg(feature = "pyo3")]
 use puffin_normalize::InvalidNameError;
 use puffin_normalize::{ExtraName, PackageName};
-pub use verbatim_url::VerbatimUrl;
+pub use verbatim_url::{VerbatimUrl, VerbatimUrlError};
 
 mod marker;
 mod verbatim_url;
 
 /// Error with a span attached. Not that those aren't `String` but `Vec<char>` indices.
-#[derive(Debug, Clone, Eq, PartialEq)]
+#[derive(Debug)]
 pub struct Pep508Error {
     /// Either we have an error string from our parser or an upstream error from `url`
     pub message: Pep508ErrorSource,
@@ -63,14 +63,14 @@ pub struct Pep508Error {
 }
 
 /// Either we have an error string from our parser or an upstream error from `url`
-#[derive(Debug, Error, Clone, Eq, PartialEq)]
+#[derive(Debug, Error)]
 pub enum Pep508ErrorSource {
     /// An error from our parser.
     #[error("{0}")]
     String(String),
     /// A URL parsing error.
     #[error(transparent)]
-    UrlError(#[from] verbatim_url::Error),
+    UrlError(#[from] verbatim_url::VerbatimUrlError),
 }
 
 impl Display for Pep508Error {
diff --git a/crates/pep508-rs/src/verbatim_url.rs b/crates/pep508-rs/src/verbatim_url.rs
index e5610a159..c3d516bd5 100644
--- a/crates/pep508-rs/src/verbatim_url.rs
+++ b/crates/pep508-rs/src/verbatim_url.rs
@@ -1,6 +1,7 @@
 use std::borrow::Cow;
+use std::fmt::Debug;
 use std::ops::Deref;
-use std::path::Path;
+use std::path::{Path, PathBuf};
 
 use once_cell::sync::Lazy;
 use regex::Regex;
@@ -26,8 +27,9 @@ pub struct VerbatimUrl {
 
 impl VerbatimUrl {
     /// Parse a URL from a string, expanding any environment variables.
-    pub fn parse(given: String) -> Result<Self, Error> {
-        let url = Url::parse(&expand_env_vars(&given))?;
+    pub fn parse(given: String) -> Result<Self, VerbatimUrlError> {
+        let url = Url::parse(&expand_env_vars(&given, true))
+            .map_err(|err| VerbatimUrlError::Url(given.clone(), err))?;
         Ok(Self {
             given: Some(given),
             url,
@@ -35,10 +37,30 @@ impl VerbatimUrl {
     }
 
     /// Parse a URL from a path.
-    #[allow(clippy::result_unit_err)]
-    pub fn from_path(path: impl AsRef<Path>, given: String) -> Result<Self, ()> {
+    pub fn from_path(
+        path: impl AsRef<str>,
+        working_dir: impl AsRef<Path>,
+        given: String,
+    ) -> Result<Self, VerbatimUrlError> {
+        // Expand any environment variables.
+        let path = PathBuf::from(expand_env_vars(path.as_ref(), false).as_ref());
+
+        // Convert the path to an absolute path, if necessary.
+        let path = if path.is_absolute() {
+            path
+        } else {
+            working_dir.as_ref().join(path)
+        };
+
+        // Canonicalize the path.
+        let path =
+            fs_err::canonicalize(path).map_err(|err| VerbatimUrlError::Path(given.clone(), err))?;
+
+        // Convert to a URL.
+        let url = Url::from_file_path(path).expect("path is absolute");
+
         Ok(Self {
-            url: Url::from_directory_path(path)?,
+            url,
             given: Some(given),
         })
     }
@@ -68,7 +90,7 @@ impl VerbatimUrl {
 }
 
 impl std::str::FromStr for VerbatimUrl {
-    type Err = Error;
+    type Err = VerbatimUrlError;
 
     fn from_str(s: &str) -> Result<Self, Self::Err> {
         Self::parse(s.to_owned())
@@ -77,7 +99,7 @@ impl std::str::FromStr for VerbatimUrl {
 
 impl std::fmt::Display for VerbatimUrl {
     fn fmt(&self, f: &mut std::fmt::Formatter<'_>) -> std::fmt::Result {
-        self.url.fmt(f)
+        std::fmt::Display::fmt(&self.url, f)
     }
 }
 
@@ -89,10 +111,16 @@ impl Deref for VerbatimUrl {
     }
 }
 
-#[derive(thiserror::Error, Debug, Clone, PartialEq, Eq)]
-pub enum Error {
-    #[error(transparent)]
-    Url(#[from] url::ParseError),
+/// An error that can occur when parsing a [`VerbatimUrl`].
+#[derive(thiserror::Error, Debug)]
+pub enum VerbatimUrlError {
+    /// Failed to canonicalize a path.
+    #[error("{0}")]
+    Path(String, #[source] std::io::Error),
+
+    /// Failed to parse a URL.
+    #[error("{0}")]
+    Url(String, #[source] url::ParseError),
 }
 
 /// Expand all available environment variables.
@@ -110,12 +138,12 @@ pub enum Error {
 ///   Valid characters in variable names follow the `POSIX standard
 ///   <http://pubs.opengroup.org/onlinepubs/9699919799/>`_ and are limited
 ///   to uppercase letter, digits and the `_` (underscore).
-fn expand_env_vars(s: &str) -> Cow<'_, str> {
-    // Generate a URL-escaped project root, to be used via the `${PROJECT_ROOT}`
-    // environment variable. Ensure that it's URL-escaped.
+fn expand_env_vars(s: &str, escape: bool) -> Cow<'_, str> {
+    // Generate the project root, to be used via the `${PROJECT_ROOT}`
+    // environment variable.
     static PROJECT_ROOT_FRAGMENT: Lazy<String> = Lazy::new(|| {
         let project_root = std::env::current_dir().unwrap();
-        project_root.to_string_lossy().replace(' ', "%20")
+        project_root.to_string_lossy().to_string()
     });
 
     static RE: Lazy<Regex> =
@@ -124,7 +152,14 @@ fn expand_env_vars(s: &str) -> Cow<'_, str> {
     RE.replace_all(s, |caps: &regex::Captures<'_>| {
         let name = caps.name("name").unwrap().as_str();
         std::env::var(name).unwrap_or_else(|_| match name {
-            "PROJECT_ROOT" => PROJECT_ROOT_FRAGMENT.clone(),
+            // Ensure that the variable is URL-escaped, if necessary.
+            "PROJECT_ROOT" => {
+                if escape {
+                    PROJECT_ROOT_FRAGMENT.replace(' ', "%20")
+                } else {
+                    PROJECT_ROOT_FRAGMENT.to_string()
+                }
+            }
             _ => caps["var"].to_owned(),
         })
     })
diff --git a/crates/puffin/src/commands/pip_compile.rs b/crates/puffin/src/commands/pip_compile.rs
index 5ef776f1e..721671e68 100644
--- a/crates/puffin/src/commands/pip_compile.rs
+++ b/crates/puffin/src/commands/pip_compile.rs
@@ -196,15 +196,9 @@ pub(crate) async fn pip_compile(
 
         let editables: Vec<LocalEditable> = editables
             .into_iter()
-            .map(|editable| match &editable {
-                EditableRequirement::Path { path, .. } => Ok(LocalEditable {
-                    path: path.clone(),
-                    requirement: editable,
-                }),
-                EditableRequirement::Url { path, .. } => Ok(LocalEditable {
-                    path: path.clone(),
-                    requirement: editable,
-                }),
+            .map(|editable| {
+                let EditableRequirement { path, url } = editable;
+                Ok(LocalEditable { url, path })
             })
             .collect::<Result<_>>()?;
 
diff --git a/crates/puffin/src/commands/pip_install.rs b/crates/puffin/src/commands/pip_install.rs
index 57d2f365a..60e5a6f6c 100644
--- a/crates/puffin/src/commands/pip_install.rs
+++ b/crates/puffin/src/commands/pip_install.rs
@@ -315,15 +315,12 @@ async fn build_editables(
 
     let editables: Vec<LocalEditable> = editables
         .iter()
-        .map(|editable| match editable {
-            EditableRequirement::Path { path, .. } => Ok(LocalEditable {
+        .map(|editable| {
+            let EditableRequirement { path, url } = editable;
+            Ok(LocalEditable {
                 path: path.clone(),
-                requirement: editable.clone(),
-            }),
-            EditableRequirement::Url { path, .. } => Ok(LocalEditable {
-                path: path.clone(),
-                requirement: editable.clone(),
-            }),
+                url: url.clone(),
+            })
         })
         .collect::<Result<_>>()?;
 
diff --git a/crates/puffin/src/commands/pip_sync.rs b/crates/puffin/src/commands/pip_sync.rs
index 5303b74f3..00fff66bf 100644
--- a/crates/puffin/src/commands/pip_sync.rs
+++ b/crates/puffin/src/commands/pip_sync.rs
@@ -417,15 +417,12 @@ async fn resolve_editables(
 
         let local_editables: Vec<LocalEditable> = uninstalled
             .iter()
-            .map(|editable| match editable {
-                EditableRequirement::Path { path, .. } => Ok(LocalEditable {
+            .map(|editable| {
+                let EditableRequirement { path, url } = editable;
+                Ok(LocalEditable {
                     path: path.clone(),
-                    requirement: editable.clone(),
-                }),
-                EditableRequirement::Url { path, .. } => Ok(LocalEditable {
-                    path: path.clone(),
-                    requirement: editable.clone(),
-                }),
+                    url: url.clone(),
+                })
             })
             .collect::<Result<_>>()?;
 
diff --git a/crates/puffin/tests/pip_compile.rs b/crates/puffin/tests/pip_compile.rs
index 8793d8a80..c1f7b09ff 100644
--- a/crates/puffin/tests/pip_compile.rs
+++ b/crates/puffin/tests/pip_compile.rs
@@ -2634,7 +2634,8 @@ fn compile_editable() -> Result<()> {
     let requirements_in = temp_dir.child("requirements.in");
     requirements_in.write_str(indoc! {r"
         -e ../../scripts/editable-installs/poetry_editable
-        -e ../../scripts/editable-installs/maturin_editable
+        -e ${PROJECT_ROOT}/../../scripts/editable-installs/maturin_editable
+        -e file://../../scripts/editable-installs/black_editable
         boltons # normal dependency for comparison
         "
     })?;
@@ -2661,15 +2662,16 @@ fn compile_editable() -> Result<()> {
         ----- stdout -----
         # This file was autogenerated by Puffin v[VERSION] via the following command:
         #    puffin pip compile requirements.in --cache-dir [CACHE_DIR]
+        -e file://../../scripts/editable-installs/black_editable
         boltons==23.1.1
-        -e ../../scripts/editable-installs/maturin_editable
+        -e ${PROJECT_ROOT}/../../scripts/editable-installs/maturin_editable
         numpy==1.26.2
             # via poetry-editable
         -e ../../scripts/editable-installs/poetry_editable
 
         ----- stderr -----
-        Built 2 editables in [TIME]
-        Resolved 4 packages in [TIME]
+        Built 3 editables in [TIME]
+        Resolved 5 packages in [TIME]
         "###);
     });
 
@@ -3491,7 +3493,8 @@ fn missing_editable_requirement() -> Result<()> {
         ----- stdout -----
 
         ----- stderr -----
-        error: failed to canonicalize path `[WORKSPACE_DIR]/../tmp/django-3.2.8.tar.gz`
+        error: Invalid editable path in requirements.in: ../tmp/django-3.2.8.tar.gz
+          Caused by: failed to canonicalize path `[WORKSPACE_DIR]/../tmp/django-3.2.8.tar.gz`
           Caused by: No such file or directory (os error 2)
         "###);
     });
diff --git a/crates/puffin/tests/pip_install.rs b/crates/puffin/tests/pip_install.rs
index 1ef1dac96..23430fb27 100644
--- a/crates/puffin/tests/pip_install.rs
+++ b/crates/puffin/tests/pip_install.rs
@@ -490,7 +490,7 @@ fn install_editable() -> Result<()> {
         Downloaded 1 package in [TIME]
         Installed 2 packages in [TIME]
          + numpy==1.26.2
-         + poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
+         + poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
     });
 
@@ -551,8 +551,8 @@ fn install_editable() -> Result<()> {
          + packaging==23.2
          + pathspec==0.11.2
          + platformdirs==4.0.0
-         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
-         + poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
+         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
+         + poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
     });
 
@@ -629,7 +629,7 @@ fn install_editable_and_registry() -> Result<()> {
         Resolved 1 package in [TIME]
         Installed 1 package in [TIME]
          - black==23.11.0
-         + black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable/)
+         + black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable)
         "###);
     });
 
@@ -681,7 +681,7 @@ fn install_editable_and_registry() -> Result<()> {
         Resolved 6 packages in [TIME]
         Downloaded 1 package in [TIME]
         Installed 1 package in [TIME]
-         - black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable/)
+         - black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable)
          + black==23.10.0
         "###);
     });
diff --git a/crates/puffin/tests/pip_sync.rs b/crates/puffin/tests/pip_sync.rs
index 47a2c7761..06ea3f9ed 100644
--- a/crates/puffin/tests/pip_sync.rs
+++ b/crates/puffin/tests/pip_sync.rs
@@ -2531,7 +2531,7 @@ fn sync_editable() -> Result<()> {
         Downloaded 2 packages in [TIME]
         Installed 4 packages in [TIME]
          + boltons==23.1.1
-         + maturin-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/maturin_editable/)
+         + maturin-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/maturin_editable)
          + numpy==1.26.2
          + poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
@@ -2720,7 +2720,7 @@ fn sync_editable_and_registry() -> Result<()> {
         Uninstalled 1 package in [TIME]
         Installed 1 package in [TIME]
          - black==24.1a1
-         + black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable/)
+         + black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable)
         "###);
     });
 
@@ -2799,7 +2799,7 @@ fn sync_editable_and_registry() -> Result<()> {
         Downloaded 1 package in [TIME]
         Uninstalled 1 package in [TIME]
         Installed 1 package in [TIME]
-         - black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable/)
+         - black==0.1.0+editable (from file://[WORKSPACE_DIR]/scripts/editable-installs/black_editable)
          + black==23.10.0
         warning: The package `black` requires `click >=8.0.0`, but it's not installed.
         warning: The package `black` requires `mypy-extensions >=0.4.3`, but it's not installed.
diff --git a/crates/puffin/tests/pip_uninstall.rs b/crates/puffin/tests/pip_uninstall.rs
index d8b033669..ab662a74a 100644
--- a/crates/puffin/tests/pip_uninstall.rs
+++ b/crates/puffin/tests/pip_uninstall.rs
@@ -403,7 +403,7 @@ fn uninstall_editable_by_name() -> Result<()> {
 
         ----- stderr -----
         Uninstalled 1 package in [TIME]
-         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
+         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
     });
 
@@ -467,7 +467,7 @@ fn uninstall_editable_by_path() -> Result<()> {
 
         ----- stderr -----
         Uninstalled 1 package in [TIME]
-         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
+         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
     });
 
@@ -532,7 +532,7 @@ fn uninstall_duplicate_editable() -> Result<()> {
 
         ----- stderr -----
         Uninstalled 1 package in [TIME]
-         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable/)
+         - poetry-editable==0.1.0 (from file://[WORKSPACE_DIR]/scripts/editable-installs/poetry_editable)
         "###);
     });
 
diff --git a/crates/requirements-txt/src/lib.rs b/crates/requirements-txt/src/lib.rs
index 468aa5c43..f4f927ea4 100644
--- a/crates/requirements-txt/src/lib.rs
+++ b/crates/requirements-txt/src/lib.rs
@@ -46,7 +46,7 @@ use tracing::warn;
 use unscanny::{Pattern, Scanner};
 use url::Url;
 
-use pep508_rs::{Pep508Error, Requirement, VerbatimUrl};
+use pep508_rs::{Pep508Error, Requirement, VerbatimUrl, VerbatimUrlError};
 
 /// We emit one of those for each requirements.txt entry
 enum RequirementsTxtStatement {
@@ -69,26 +69,18 @@ enum RequirementsTxtStatement {
 }
 
 #[derive(Debug, Clone, Eq, PartialEq)]
-pub enum EditableRequirement {
-    Path { path: PathBuf, url: VerbatimUrl },
-    Url { path: PathBuf, url: VerbatimUrl },
+pub struct EditableRequirement {
+    pub url: VerbatimUrl,
+    pub path: PathBuf,
 }
 
 impl EditableRequirement {
-    /// Return the [`VerbatimUrl`] of the editable.
     pub fn url(&self) -> &VerbatimUrl {
-        match self {
-            EditableRequirement::Path { url, .. } => url,
-            EditableRequirement::Url { url, .. } => url,
-        }
+        &self.url
     }
 
-    /// Return the underlying [`Url`] of the editable.
     pub fn raw(&self) -> &Url {
-        match self {
-            EditableRequirement::Path { url, .. } => url.raw(),
-            EditableRequirement::Url { url, .. } => url.raw(),
-        }
+        self.url.raw()
     }
 }
 
@@ -96,101 +88,83 @@ impl FromStr for EditableRequirement {
     type Err = RequirementsTxtParserError;
 
     fn from_str(s: &str) -> Result<Self, Self::Err> {
-        let editable_requirement = ParsedEditableRequirement::from_str(s)?;
+        let editable_requirement = ParsedEditableRequirement::from(s.to_string());
         editable_requirement.with_working_dir(".")
     }
 }
 
-/// Relative paths aren't resolved with the current dir yet
+/// A raw string for an editable requirement (`pip install -e <editable>`), which could be a URL or
+/// a local path, and could contain unexpanded environment variables.
+///
+/// For example:
+/// - `file:///home/ferris/project/scripts/...`
+/// - `file:../editable/`
+/// - `../editable/`
 #[derive(Debug, Clone, Eq, PartialEq)]
-pub enum ParsedEditableRequirement {
-    Path(String),
-    Url(VerbatimUrl),
-}
+pub struct ParsedEditableRequirement(String);
 
 impl ParsedEditableRequirement {
     pub fn with_working_dir(
         self,
         working_dir: impl AsRef<Path>,
     ) -> Result<EditableRequirement, RequirementsTxtParserError> {
-        Ok(match self {
-            ParsedEditableRequirement::Path(given) => {
-                let path = PathBuf::from(&given);
-                if path.is_absolute() {
-                    EditableRequirement::Path {
-                        url: VerbatimUrl::from_path(&path, given)
-                            .map_err(|()| RequirementsTxtParserError::InvalidPath(path.clone()))?,
-                        path,
-                    }
-                } else {
-                    // Avoid paths like `/home/ferris/project/scripts/../editable/`
-                    let path = fs::canonicalize(working_dir.as_ref().join(&path))?;
-                    EditableRequirement::Path {
-                        url: VerbatimUrl::from_path(&path, given)
-                            .map_err(|()| RequirementsTxtParserError::InvalidPath(path.clone()))?,
-                        path,
-                    }
-                }
-            }
-            ParsedEditableRequirement::Url(url) => {
-                // Require, e.g., `file:///home/ferris/project/scripts/...`.
-                if url.scheme() != "file" {
-                    return Err(RequirementsTxtParserError::UnsupportedUrl(url.clone()));
-                }
-                EditableRequirement::Url {
-                    path: fs::canonicalize(
-                        url.to_file_path().map_err(|()| {
-                            RequirementsTxtParserError::UnsupportedUrl(url.clone())
-                        })?,
-                    )?,
-                    url,
-                }
-            }
-        })
+        let given = self.0;
+
+        // Validate against some common mistakes. If we're passed a URL with some other scheme,
+        // it will fail to canonicalize below, but this is a better error message for these common
+        // cases.
+        let s = given.trim();
+        if s.starts_with("http://")
+            || s.starts_with("https://")
+            || s.starts_with("git+")
+            || s.starts_with("hg+")
+            || s.starts_with("svn+")
+            || s.starts_with("bzr+")
+        {
+            return Err(RequirementsTxtParserError::UnsupportedUrl(
+                given.to_string(),
+            ));
+        }
+
+        // Create a `VerbatimUrl` to represent the editable requirement.
+        let url = if let Some(path) = s.strip_prefix("file://") {
+            // Ex) `file:///home/ferris/project/scripts/...`
+            VerbatimUrl::from_path(path, working_dir, s.to_string())
+                .map_err(RequirementsTxtParserError::InvalidEditablePath)?
+        } else if let Some(path) = s.strip_prefix("file:") {
+            // Ex) `file:../editable/`
+            VerbatimUrl::from_path(path, working_dir, s.to_string())
+                .map_err(RequirementsTxtParserError::InvalidEditablePath)?
+        } else {
+            // Ex) `../editable/`
+            VerbatimUrl::from_path(s, working_dir, s.to_string())
+                .map_err(RequirementsTxtParserError::InvalidEditablePath)?
+        };
+
+        // Create a `PathBuf`.
+        let path = url
+            .to_file_path()
+            .expect("file:// URLs should be valid paths");
+
+        Ok(EditableRequirement { url, path })
     }
 }
 
-impl FromStr for ParsedEditableRequirement {
-    type Err = RequirementsTxtParserError;
-
-    fn from_str(s: &str) -> Result<Self, Self::Err> {
-        if s.trim_start().starts_with("file://") {
-            // Ex) `file:///home/ferris/project/scripts/...`
-            if let Ok(url) = VerbatimUrl::from_str(s) {
-                Ok(ParsedEditableRequirement::Url(url))
-            } else {
-                Err(RequirementsTxtParserError::UnsupportedUrl(
-                    VerbatimUrl::from_str(s).unwrap(),
-                ))
-            }
-        } else if let Some(s) = s.trim_start().strip_prefix("file:") {
-            // Ex) `file:../editable/`
-            Ok(ParsedEditableRequirement::Path(s.to_string()))
-        } else if let Ok(url) = VerbatimUrl::from_str(s) {
-            // Ex) `http://example.com/`
-            Ok(ParsedEditableRequirement::Url(url))
-        } else {
-            // Ex) `../editable/`
-            Ok(ParsedEditableRequirement::Path(s.to_string()))
-        }
+impl From<String> for ParsedEditableRequirement {
+    fn from(s: String) -> Self {
+        Self(s)
     }
 }
 
 impl Display for ParsedEditableRequirement {
     fn fmt(&self, f: &mut Formatter<'_>) -> std::fmt::Result {
-        match self {
-            ParsedEditableRequirement::Path(path) => path.fmt(f),
-            ParsedEditableRequirement::Url(url) => url.fmt(f),
-        }
+        Display::fmt(&self.0, f)
     }
 }
 
 impl Display for EditableRequirement {
     fn fmt(&self, f: &mut Formatter<'_>) -> std::fmt::Result {
-        match self {
-            EditableRequirement::Path { url, .. } => url.fmt(f),
-            EditableRequirement::Url { url, .. } => url.fmt(f),
-        }
+        Display::fmt(&self.url, f)
     }
 }
 
@@ -366,7 +340,7 @@ fn parse_entry(
         }
     } else if s.eat_if("-e") {
         let path_or_url = parse_value(s, |c: char| !['\n', '\r'].contains(&c))?;
-        let editable_requirement = ParsedEditableRequirement::from_str(path_or_url)?;
+        let editable_requirement = ParsedEditableRequirement::from(path_or_url.to_string());
         RequirementsTxtStatement::EditableRequirement(editable_requirement)
     } else if s.at(char::is_ascii_alphanumeric) {
         let (requirement, hashes) = parse_requirement_and_hashes(s, content)?;
@@ -534,8 +508,8 @@ pub struct RequirementsTxtFileError {
 #[derive(Debug)]
 pub enum RequirementsTxtParserError {
     IO(io::Error),
-    InvalidPath(PathBuf),
-    UnsupportedUrl(VerbatimUrl),
+    InvalidEditablePath(VerbatimUrlError),
+    UnsupportedUrl(String),
     Parser {
         message: String,
         location: usize,
@@ -556,8 +530,8 @@ impl Display for RequirementsTxtParserError {
     fn fmt(&self, f: &mut Formatter<'_>) -> std::fmt::Result {
         match self {
             RequirementsTxtParserError::IO(err) => err.fmt(f),
-            RequirementsTxtParserError::InvalidPath(path) => {
-                write!(f, "Invalid path: {}", path.display())
+            RequirementsTxtParserError::InvalidEditablePath(err) => {
+                write!(f, "Invalid editable path: {err}")
             }
             RequirementsTxtParserError::UnsupportedUrl(url) => {
                 write!(f, "Unsupported URL (expected a `file://` scheme): {url}")
@@ -582,7 +556,7 @@ impl std::error::Error for RequirementsTxtParserError {
     fn source(&self) -> Option<&(dyn std::error::Error + 'static)> {
         match &self {
             RequirementsTxtParserError::IO(err) => err.source(),
-            RequirementsTxtParserError::InvalidPath(_) => None,
+            RequirementsTxtParserError::InvalidEditablePath(err) => err.source(),
             RequirementsTxtParserError::UnsupportedUrl(_) => None,
             RequirementsTxtParserError::Pep508 { source, .. } => Some(source),
             RequirementsTxtParserError::Subfile { source, .. } => Some(source.as_ref()),
@@ -595,13 +569,8 @@ impl Display for RequirementsTxtFileError {
     fn fmt(&self, f: &mut Formatter<'_>) -> std::fmt::Result {
         match &self.error {
             RequirementsTxtParserError::IO(err) => err.fmt(f),
-            RequirementsTxtParserError::InvalidPath(path) => {
-                write!(
-                    f,
-                    "Invalid path in {}: {}",
-                    self.file.display(),
-                    path.display()
-                )
+            RequirementsTxtParserError::InvalidEditablePath(err) => {
+                write!(f, "Invalid editable path in {}: {err}", self.file.display())
             }
             RequirementsTxtParserError::UnsupportedUrl(url) => {
                 write!(