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PATHWARD FINANCIAL, INC.（CASH）与J&J SNACK FOODS CORP（JJSF）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是PATHWARD FINANCIAL, INC.的2.0倍（$343.8M vs $173.1M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs 0.3%，领先20.1%），PATHWARD FINANCIAL, INC.同比增速更快（-0.2% vs -5.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $17.0M），过去两年J&J SNACK FOODS CORP的营收复合增速更高（-2.2% 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。
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
CASH vs JJSF — 直观对比
营收规模更大
JJSF
是对方的2.0倍
$173.1M
营收增速更快
CASH
高出5.0%
-5.2%
净利率更高
CASH
高出20.1%
0.3%
自由现金流更多
CASH
多$87.1M
$17.0M
两年增速更快
JJSF
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $343.8M |
| 净利润 | $35.2M | $883.0K |
| 毛利率 | — | 27.9% |
| 营业利润率 | 24.6% | 0.2% |
| 净利率 | 20.3% | 0.3% |
| 营收同比 | -0.2% | -5.2% |
| 净利润同比 | 11.9% | -82.8% |
| 每股收益（稀释后） | $1.57 | $0.05 |
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CASHJJSF
| Q4 25 | $173.1M | $343.8M | ||
| Q3 25 | $186.7M | $410.2M | ||
| Q2 25 | $195.8M | $454.3M | ||
| Q1 25 | $274.8M | $356.1M | ||
| Q4 24 | $182.6M | $362.6M | ||
| Q3 24 | $179.5M | $426.8M | ||
| Q2 24 | $188.6M | $440.0M | ||
| Q1 24 | $257.6M | $359.7M |
净利润CASHJJSF
| Q4 25 | $35.2M | $883.0K | ||
| Q3 25 | $38.8M | $11.4M | ||
| Q2 25 | $42.1M | $44.2M | ||
| Q1 25 | $75.0M | $4.8M | ||
| Q4 24 | $30.0M | $5.1M | ||
| Q3 24 | $33.5M | $29.6M | ||
| Q2 24 | $44.9M | $36.3M | ||
| Q1 24 | $69.9M | $13.3M |
毛利率CASHJJSF
| Q4 25 | — | 27.9% | ||
| Q3 25 | — | 31.7% | ||
| Q2 25 | — | 33.0% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | — | 31.8% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 30.1% |
营业利润率CASHJJSF
| Q4 25 | 24.6% | 0.2% | ||
| Q3 25 | 25.9% | 2.8% | ||
| Q2 25 | 24.1% | 13.3% | ||
| Q1 25 | 33.2% | 1.7% | ||
| Q4 24 | 19.8% | 1.7% | ||
| Q3 24 | 20.9% | 9.3% | ||
| Q2 24 | 27.1% | 11.4% | ||
| Q1 24 | 33.8% | 5.0% |
净利率CASHJJSF
| Q4 25 | 20.3% | 0.3% | ||
| Q3 25 | 20.8% | 2.8% | ||
| Q2 25 | 21.5% | 9.7% | ||
| Q1 25 | 27.3% | 1.4% | ||
| Q4 24 | 16.4% | 1.4% | ||
| Q3 24 | 18.7% | 6.9% | ||
| Q2 24 | 23.8% | 8.3% | ||
| Q1 24 | 27.1% | 3.7% |
每股收益（稀释后）CASHJJSF
| Q4 25 | $1.57 | $0.05 | ||
| Q3 25 | $1.69 | $0.59 | ||
| Q2 25 | $1.81 | $2.26 | ||
| Q1 25 | $3.14 | $0.25 | ||
| Q4 24 | $1.23 | $0.26 | ||
| Q3 24 | $1.34 | $1.52 | ||
| Q2 24 | $1.78 | $1.87 | ||
| Q1 24 | $2.74 | $0.69 |
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 | $66.8M |
| 总债务越低越好 | $33.5M | — |
| 股东权益账面价值 | $854.5M | $912.9M |
| 总资产 | $7.6B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资CASHJJSF
| Q4 25 | $331.2M | $66.8M | ||
| Q3 25 | $120.6M | $105.9M | ||
| Q2 25 | $258.3M | $77.4M | ||
| Q1 25 | $254.2M | $48.5M | ||
| Q4 24 | $597.4M | $73.6M | ||
| Q3 24 | $158.3M | $73.4M | ||
| Q2 24 | $298.9M | $64.0M | ||
| Q1 24 | $347.9M | $43.6M |
总债务CASHJJSF
| 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 | — | ||
| Q1 24 | $33.4M | — |
股东权益CASHJJSF
| Q4 25 | $854.5M | $912.9M | ||
| Q3 25 | $858.0M | $966.7M | ||
| Q2 25 | $819.0M | $969.9M | ||
| Q1 25 | $814.7M | $935.0M | ||
| Q4 24 | $758.3M | $946.8M | ||
| Q3 24 | $822.5M | $957.0M | ||
| Q2 24 | $748.4M | $937.9M | ||
| Q1 24 | $719.5M | $915.7M |
总资产CASHJJSF
| Q4 25 | $7.6B | $1.3B | ||
| Q3 25 | $7.2B | $1.4B | ||
| Q2 25 | $7.2B | $1.4B | ||
| Q1 25 | $7.0B | $1.4B | ||
| Q4 24 | $7.6B | $1.3B | ||
| Q3 24 | $7.5B | $1.4B | ||
| Q2 24 | $7.5B | $1.4B | ||
| Q1 24 | $7.4B | $1.3B |
负债/权益比CASHJJSF
| 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× | — | ||
| 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 | $36.0M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $17.0M |
| 自由现金流率自由现金流/营收 | 60.1% | 4.9% |
| 资本支出强度资本支出/营收 | 2.4% | 5.5% |
| 现金转化率经营现金流/净利润 | 3.08× | 40.73× |
| 过去12个月自由现金流最近4个季度 | $616.8M | $83.1M |
8季度趋势，按日历期对齐
经营现金流CASHJJSF
| Q4 25 | $108.3M | $36.0M | ||
| Q3 25 | $303.7M | $66.4M | ||
| Q2 25 | $30.4M | $51.2M | ||
| Q1 25 | $188.3M | $12.3M | ||
| Q4 24 | $-71.7M | $35.2M | ||
| Q3 24 | $143.1M | $46.3M | ||
| Q2 24 | $113.2M | $65.0M | ||
| Q1 24 | $203.0M | $12.7M |
自由现金流CASHJJSF
| Q4 25 | $104.1M | $17.0M | ||
| Q3 25 | $300.3M | $44.8M | ||
| Q2 25 | $27.7M | $28.5M | ||
| Q1 25 | $184.7M | $-7.2M | ||
| Q4 24 | $-73.8M | $16.1M | ||
| Q3 24 | $138.8M | $29.1M | ||
| Q2 24 | $111.0M | $45.3M | ||
| Q1 24 | $201.3M | $-4.0M |
自由现金流率CASHJJSF
| Q4 25 | 60.1% | 4.9% | ||
| Q3 25 | 160.9% | 10.9% | ||
| Q2 25 | 14.1% | 6.3% | ||
| Q1 25 | 67.2% | -2.0% | ||
| Q4 24 | -40.4% | 4.4% | ||
| Q3 24 | 77.3% | 6.8% | ||
| Q2 24 | 58.8% | 10.3% | ||
| Q1 24 | 78.1% | -1.1% |
资本支出强度CASHJJSF
| Q4 25 | 2.4% | 5.5% | ||
| Q3 25 | 1.8% | 5.3% | ||
| Q2 25 | 1.4% | 5.0% | ||
| Q1 25 | 1.3% | 5.5% | ||
| Q4 24 | 1.1% | 5.3% | ||
| Q3 24 | 2.4% | 4.0% | ||
| Q2 24 | 1.2% | 4.5% | ||
| Q1 24 | 0.7% | 4.6% |
现金转化率CASHJJSF
| Q4 25 | 3.08× | 40.73× | ||
| Q3 25 | 7.83× | 5.84× | ||
| Q2 25 | 0.72× | 1.16× | ||
| Q1 25 | 2.51× | 2.55× | ||
| Q4 24 | -2.39× | 6.84× | ||
| Q3 24 | 4.27× | 1.56× | ||
| Q2 24 | 2.52× | 1.79× | ||
| Q1 24 | 2.90× | 0.96× |
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% |
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
