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PATHWARD FINANCIAL, INC.（CASH）与Donnelley Financial Solutions, Inc.（DFIN）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Donnelley Financial Solutions, Inc.的1.0倍（$173.1M vs $172.5M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs 3.6%，领先16.7%），Donnelley Financial Solutions, Inc.同比增速更快（10.4% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $47.9M），过去两年Donnelley Financial Solutions, Inc.的营收复合增速更高（-7.9% vs -18.0%）
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。
唐nelley金融解决方案（DFIN）是一家总部位于美国伊利诺伊州芝加哥市的金融合规企业，面向资本市场与投资市场的各类企业，提供符合美国监管要求的软件即服务产品、软件赋能服务、印刷业务及合规相关服务，助力客户满足合规要求。
CASH vs DFIN — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $172.5M |
| 净利润 | $35.2M | $6.2M |
| 毛利率 | — | — |
| 营业利润率 | 24.6% | 8.3% |
| 净利率 | 20.3% | 3.6% |
| 营收同比 | -0.2% | 10.4% |
| 净利润同比 | 11.9% | -1.6% |
| 每股收益（稀释后） | $1.57 | $0.31 |
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
| Q4 25 | $173.1M | $172.5M | ||
| Q3 25 | $186.7M | $175.3M | ||
| Q2 25 | $195.8M | $218.1M | ||
| Q1 25 | $274.8M | $201.1M | ||
| Q4 24 | $182.6M | $156.3M | ||
| Q3 24 | $179.5M | $179.5M | ||
| Q2 24 | $188.6M | $242.7M | ||
| Q1 24 | $257.6M | $203.4M |
| Q4 25 | $35.2M | $6.2M | ||
| Q3 25 | $38.8M | $-40.9M | ||
| Q2 25 | $42.1M | $36.1M | ||
| Q1 25 | $75.0M | $31.0M | ||
| Q4 24 | $30.0M | $6.3M | ||
| Q3 24 | $33.5M | $8.7M | ||
| Q2 24 | $44.9M | $44.1M | ||
| Q1 24 | $69.9M | $33.3M |
| Q4 25 | 24.6% | 8.3% | ||
| Q3 25 | 25.9% | 16.1% | ||
| Q2 25 | 24.1% | 24.2% | ||
| Q1 25 | 33.2% | 22.8% | ||
| Q4 24 | 19.8% | 6.0% | ||
| Q3 24 | 20.9% | 10.1% | ||
| Q2 24 | 27.1% | 26.6% | ||
| Q1 24 | 33.8% | 21.9% |
| Q4 25 | 20.3% | 3.6% | ||
| Q3 25 | 20.8% | -23.3% | ||
| Q2 25 | 21.5% | 16.6% | ||
| Q1 25 | 27.3% | 15.4% | ||
| Q4 24 | 16.4% | 4.0% | ||
| Q3 24 | 18.7% | 4.8% | ||
| Q2 24 | 23.8% | 18.2% | ||
| Q1 24 | 27.1% | 16.4% |
| Q4 25 | $1.57 | $0.31 | ||
| Q3 25 | $1.69 | $-1.49 | ||
| Q2 25 | $1.81 | $1.28 | ||
| Q1 25 | $3.14 | $1.05 | ||
| Q4 24 | $1.23 | $0.21 | ||
| Q3 24 | $1.34 | $0.29 | ||
| Q2 24 | $1.78 | $1.47 | ||
| Q1 24 | $2.74 | $1.09 |
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 | $331.2M | $24.5M |
| 总债务越低越好 | $33.5M | $171.3M |
| 股东权益账面价值 | $854.5M | $379.2M |
| 总资产 | $7.6B | $800.4M |
| 负债/权益比越低杠杆越低 | 0.04× | 0.45× |
8季度趋势，按日历期对齐
| Q4 25 | $331.2M | $24.5M | ||
| Q3 25 | $120.6M | $22.7M | ||
| Q2 25 | $258.3M | $33.8M | ||
| Q1 25 | $254.2M | $16.2M | ||
| Q4 24 | $597.4M | $57.3M | ||
| Q3 24 | $158.3M | $33.6M | ||
| Q2 24 | $298.9M | $35.0M | ||
| Q1 24 | $347.9M | $43.7M |
| Q4 25 | $33.5M | $171.3M | ||
| Q3 25 | $33.5M | $154.7M | ||
| Q2 25 | $33.4M | $190.1M | ||
| Q1 25 | $33.4M | $189.5M | ||
| Q4 24 | $33.4M | $124.7M | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — | ||
| Q1 24 | $33.4M | — |
| Q4 25 | $854.5M | $379.2M | ||
| Q3 25 | $858.0M | $423.1M | ||
| Q2 25 | $819.0M | $432.1M | ||
| Q1 25 | $814.7M | $419.9M | ||
| Q4 24 | $758.3M | $436.1M | ||
| Q3 24 | $822.5M | $444.5M | ||
| Q2 24 | $748.4M | $441.5M | ||
| Q1 24 | $719.5M | $408.9M |
| Q4 25 | $7.6B | $800.4M | ||
| Q3 25 | $7.2B | $816.3M | ||
| Q2 25 | $7.2B | $874.7M | ||
| Q1 25 | $7.0B | $852.8M | ||
| Q4 24 | $7.6B | $841.6M | ||
| Q3 24 | $7.5B | $843.6M | ||
| Q2 24 | $7.5B | $882.9M | ||
| Q1 24 | $7.4B | $867.8M |
| Q4 25 | 0.04× | 0.45× | ||
| Q3 25 | 0.04× | 0.37× | ||
| Q2 25 | 0.04× | 0.44× | ||
| Q1 25 | 0.04× | 0.45× | ||
| Q4 24 | 0.04× | 0.29× | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.05× | — |
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 | $108.3M | $59.8M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $47.9M |
| 自由现金流率自由现金流/营收 | 60.1% | 27.8% |
| 资本支出强度资本支出/营收 | 2.4% | 6.9% |
| 现金转化率经营现金流/净利润 | 3.08× | 9.65× |
| 过去12个月自由现金流最近4个季度 | $616.8M | $107.8M |
8季度趋势，按日历期对齐
| Q4 25 | $108.3M | $59.8M | ||
| Q3 25 | $303.7M | $74.4M | ||
| Q2 25 | $30.4M | $68.4M | ||
| Q1 25 | $188.3M | $-37.7M | ||
| Q4 24 | $-71.7M | $56.4M | ||
| Q3 24 | $143.1M | $86.4M | ||
| Q2 24 | $113.2M | $56.2M | ||
| Q1 24 | $203.0M | $-27.9M |
| Q4 25 | $104.1M | $47.9M | ||
| Q3 25 | $300.3M | $59.2M | ||
| Q2 25 | $27.7M | $51.7M | ||
| Q1 25 | $184.7M | $-51.0M | ||
| Q4 24 | $-73.8M | $41.3M | ||
| Q3 24 | $138.8M | $67.3M | ||
| Q2 24 | $111.0M | $36.8M | ||
| Q1 24 | $201.3M | $-40.2M |
| Q4 25 | 60.1% | 27.8% | ||
| Q3 25 | 160.9% | 33.8% | ||
| Q2 25 | 14.1% | 23.7% | ||
| Q1 25 | 67.2% | -25.4% | ||
| Q4 24 | -40.4% | 26.4% | ||
| Q3 24 | 77.3% | 37.5% | ||
| Q2 24 | 58.8% | 15.2% | ||
| Q1 24 | 78.1% | -19.8% |
| Q4 25 | 2.4% | 6.9% | ||
| Q3 25 | 1.8% | 8.7% | ||
| Q2 25 | 1.4% | 7.7% | ||
| Q1 25 | 1.3% | 6.6% | ||
| Q4 24 | 1.1% | 9.7% | ||
| Q3 24 | 2.4% | 10.6% | ||
| Q2 24 | 1.2% | 8.0% | ||
| Q1 24 | 0.7% | 6.0% |
| Q4 25 | 3.08× | 9.65× | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | 1.89× | ||
| Q1 25 | 2.51× | -1.22× | ||
| Q4 24 | -2.39× | 8.95× | ||
| Q3 24 | 4.27× | 9.93× | ||
| Q2 24 | 2.52× | 1.27× | ||
| Q1 24 | 2.90× | -0.84× |
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
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
