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PATHWARD FINANCIAL, INC.（CASH）与CARRIAGE SERVICES INC（CSV）财务数据对比。点击上方公司名可切换其他公司
PATHWARD FINANCIAL, INC.的季度营收约是CARRIAGE SERVICES INC的2.6倍（$276.3M vs $105.5M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 11.6%，领先14.8%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 1.0%）
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
怡和Cycle & Carriage有限公司是怡和集团在东南亚的投资控股公司，目前该集团持有其75%的股份，是怡和集团在东南亚区域开展资本布局与投资业务的核心平台。
CASH vs CSV — 直观对比
营收规模更大
CASH
是对方的2.6倍
$105.5M
净利率更高
CASH
高出14.8%
11.6%
两年增速更快
CASH
近两年复合增速
1.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $105.5M |
| 净利润 | $72.9M | $12.3M |
| 毛利率 | — | 34.8% |
| 营业利润率 | — | 23.3% |
| 净利率 | 26.4% | 11.6% |
| 营收同比 | — | 8.0% |
| 净利润同比 | — | 24.5% |
| 每股收益（稀释后） | $3.35 | $0.76 |
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CASHCSV
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $105.5M | ||
| Q3 25 | $186.7M | $102.7M | ||
| Q2 25 | $195.8M | $102.1M | ||
| Q1 25 | $274.8M | $107.1M | ||
| Q4 24 | $182.6M | $97.7M | ||
| Q3 24 | $179.5M | $100.7M | ||
| Q2 24 | $188.6M | $102.3M |
净利润CASHCSV
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $12.3M | ||
| Q3 25 | $38.8M | $6.6M | ||
| Q2 25 | $42.1M | $11.7M | ||
| Q1 25 | $75.0M | $20.9M | ||
| Q4 24 | $30.0M | $9.9M | ||
| Q3 24 | $33.5M | $9.9M | ||
| Q2 24 | $44.9M | $6.3M |
毛利率CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 36.2% |
营业利润率CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 23.3% | ||
| Q3 25 | 25.9% | 17.0% | ||
| Q2 25 | 24.1% | 23.5% | ||
| Q1 25 | 33.2% | 29.5% | ||
| Q4 24 | 19.8% | 21.6% | ||
| Q3 24 | 20.9% | 22.7% | ||
| Q2 24 | 27.1% | 18.0% |
净利率CASHCSV
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 11.6% | ||
| Q3 25 | 20.8% | 6.4% | ||
| Q2 25 | 21.5% | 11.5% | ||
| Q1 25 | 27.3% | 19.5% | ||
| Q4 24 | 16.4% | 10.1% | ||
| Q3 24 | 18.7% | 9.8% | ||
| Q2 24 | 23.8% | 6.1% |
每股收益（稀释后）CASHCSV
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.76 | ||
| Q3 25 | $1.69 | $0.41 | ||
| Q2 25 | $1.81 | $0.74 | ||
| Q1 25 | $3.14 | $1.34 | ||
| Q4 24 | $1.23 | $0.62 | ||
| Q3 24 | $1.34 | $0.63 | ||
| Q2 24 | $1.78 | $0.40 |
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 | $157.6M | $1.7M |
| 总债务越低越好 | $59.5M | — |
| 股东权益账面价值 | $850.7M | $254.8M |
| 总资产 | $7.1B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.07× | — |
8季度趋势，按日历期对齐
现金及短期投资CASHCSV
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $1.7M | ||
| Q3 25 | $120.6M | $1.2M | ||
| Q2 25 | $258.3M | $1.4M | ||
| Q1 25 | $254.2M | $4.6M | ||
| Q4 24 | $597.4M | $1.2M | ||
| Q3 24 | $158.3M | $1.3M | ||
| Q2 24 | $298.9M | $1.5M |
总债务CASHCSV
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | — | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — |
股东权益CASHCSV
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $254.8M | ||
| Q3 25 | $858.0M | $242.1M | ||
| Q2 25 | $819.0M | $235.4M | ||
| Q1 25 | $814.7M | $223.1M | ||
| Q4 24 | $758.3M | $208.6M | ||
| Q3 24 | $822.5M | $198.1M | ||
| Q2 24 | $748.4M | $187.9M |
总资产CASHCSV
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $1.3B | ||
| Q3 25 | $7.2B | $1.3B | ||
| Q2 25 | $7.2B | $1.3B | ||
| Q1 25 | $7.0B | $1.3B | ||
| Q4 24 | $7.6B | $1.3B | ||
| Q3 24 | $7.5B | $1.3B | ||
| Q2 24 | $7.5B | $1.3B |
负债/权益比CASHCSV
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 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 | — | $14.1M |
| 自由现金流经营现金流 - 资本支出 | — | $6.2M |
| 自由现金流率自由现金流/营收 | — | 5.9% |
| 资本支出强度资本支出/营收 | — | 7.5% |
| 现金转化率经营现金流/净利润 | — | 1.15× |
| 过去12个月自由现金流最近4个季度 | — | $40.1M |
8季度趋势，按日历期对齐
经营现金流CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $14.1M | ||
| Q3 25 | $303.7M | $24.7M | ||
| Q2 25 | $30.4M | $8.1M | ||
| Q1 25 | $188.3M | $13.8M | ||
| Q4 24 | $-71.7M | $9.3M | ||
| Q3 24 | $143.1M | $20.9M | ||
| Q2 24 | $113.2M | $2.2M |
自由现金流CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $6.2M | ||
| Q3 25 | $300.3M | $18.0M | ||
| Q2 25 | $27.7M | $5.2M | ||
| Q1 25 | $184.7M | $10.6M | ||
| Q4 24 | $-73.8M | $4.9M | ||
| Q3 24 | $138.8M | $16.2M | ||
| Q2 24 | $111.0M | $-1.4M |
自由现金流率CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 5.9% | ||
| Q3 25 | 160.9% | 17.5% | ||
| Q2 25 | 14.1% | 5.1% | ||
| Q1 25 | 67.2% | 9.9% | ||
| Q4 24 | -40.4% | 5.0% | ||
| Q3 24 | 77.3% | 16.1% | ||
| Q2 24 | 58.8% | -1.4% |
资本支出强度CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 7.5% | ||
| Q3 25 | 1.8% | 6.5% | ||
| Q2 25 | 1.4% | 2.8% | ||
| Q1 25 | 1.3% | 3.0% | ||
| Q4 24 | 1.1% | 4.5% | ||
| Q3 24 | 2.4% | 4.6% | ||
| Q2 24 | 1.2% | 3.5% |
现金转化率CASHCSV
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 1.15× | ||
| Q3 25 | 7.83× | 3.76× | ||
| Q2 25 | 0.72× | 0.69× | ||
| Q1 25 | 2.51× | 0.66× | ||
| Q4 24 | -2.39× | 0.94× | ||
| Q3 24 | 4.27× | 2.11× | ||
| Q2 24 | 2.52× | 0.34× |
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
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
