vs
PATHWARD FINANCIAL, INC.（CASH）与MGP INGREDIENTS INC（MGPI）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MGP INGREDIENTS INC的2.0倍（$276.3M vs $138.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs -97.3%，领先123.7%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs -9.9%）
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。
MGP配料公司是总部位于美国的优质蒸馏酒、特种小麦和玉米基淀粉及蛋白质配料供应商，服务食品饮料制造、餐饮及工业客户领域，为北美及部分全球市场客户提供定制化配料解决方案。
CASH vs MGPI — 直观对比
营收规模更大
CASH
是对方的2.0倍
$138.3M
净利率更高
CASH
高出123.7%
-97.3%
两年增速更快
CASH
近两年复合增速
-9.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $138.3M |
| 净利润 | $72.9M | $-134.6M |
| 毛利率 | — | 34.9% |
| 营业利润率 | — | -97.7% |
| 净利率 | 26.4% | -97.3% |
| 营收同比 | — | -23.5% |
| 净利润同比 | — | -220.8% |
| 每股收益（稀释后） | $3.35 | $-6.23 |
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CASHMGPI
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $138.3M | ||
| Q3 25 | $186.7M | $130.9M | ||
| Q2 25 | $195.8M | $145.5M | ||
| Q1 25 | $274.8M | $121.7M | ||
| Q4 24 | $182.6M | $180.8M | ||
| Q3 24 | $179.5M | $161.5M | ||
| Q2 24 | $188.6M | $190.8M |
净利润CASHMGPI
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $-134.6M | ||
| Q3 25 | $38.8M | $15.4M | ||
| Q2 25 | $42.1M | $14.4M | ||
| Q1 25 | $75.0M | $-3.0M | ||
| Q4 24 | $30.0M | $-42.0M | ||
| Q3 24 | $33.5M | $23.9M | ||
| Q2 24 | $44.9M | $32.1M |
毛利率CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | — | 34.9% | ||
| Q3 25 | — | 37.8% | ||
| Q2 25 | — | 40.1% | ||
| Q1 25 | — | 35.6% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 40.8% | ||
| Q2 24 | — | 43.6% |
营业利润率CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | -97.7% | ||
| Q3 25 | 25.9% | 16.1% | ||
| Q2 25 | 24.1% | 14.0% | ||
| Q1 25 | 33.2% | -0.6% | ||
| Q4 24 | 19.8% | -16.8% | ||
| Q3 24 | 20.9% | 20.2% | ||
| Q2 24 | 27.1% | 22.7% |
净利率CASHMGPI
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | -97.3% | ||
| Q3 25 | 20.8% | 11.8% | ||
| Q2 25 | 21.5% | 9.9% | ||
| Q1 25 | 27.3% | -2.5% | ||
| Q4 24 | 16.4% | -23.2% | ||
| Q3 24 | 18.7% | 14.8% | ||
| Q2 24 | 23.8% | 16.8% |
每股收益（稀释后）CASHMGPI
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $-6.23 | ||
| Q3 25 | $1.69 | $0.71 | ||
| Q2 25 | $1.81 | $0.67 | ||
| Q1 25 | $3.14 | $-0.14 | ||
| Q4 24 | $1.23 | $-1.86 | ||
| Q3 24 | $1.34 | $1.07 | ||
| Q2 24 | $1.78 | $1.43 |
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 | $18.5M |
| 总债务越低越好 | $59.5M | $245.9M |
| 股东权益账面价值 | $850.7M | $718.4M |
| 总资产 | $7.1B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.07× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资CASHMGPI
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $18.5M | ||
| Q3 25 | $120.6M | $13.4M | ||
| Q2 25 | $258.3M | $17.3M | ||
| Q1 25 | $254.2M | $20.1M | ||
| Q4 24 | $597.4M | $25.3M | ||
| Q3 24 | $158.3M | $20.8M | ||
| Q2 24 | $298.9M | $21.0M |
总债务CASHMGPI
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $245.9M | ||
| Q3 25 | $33.5M | $262.3M | ||
| Q2 25 | $33.4M | $290.7M | ||
| Q1 25 | $33.4M | $290.7M | ||
| Q4 24 | $33.4M | $317.1M | ||
| Q3 24 | $33.4M | $283.6M | ||
| Q2 24 | $33.3M | $303.0M |
股东权益CASHMGPI
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $718.4M | ||
| Q3 25 | $858.0M | $855.2M | ||
| Q2 25 | $819.0M | $841.8M | ||
| Q1 25 | $814.7M | $828.3M | ||
| Q4 24 | $758.3M | $834.2M | ||
| Q3 24 | $822.5M | $914.5M | ||
| Q2 24 | $748.4M | $894.5M |
总资产CASHMGPI
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $1.2B | ||
| Q3 25 | $7.2B | $1.4B | ||
| Q2 25 | $7.2B | $1.4B | ||
| Q1 25 | $7.0B | $1.4B | ||
| Q4 24 | $7.6B | $1.4B | ||
| Q3 24 | $7.5B | $1.4B | ||
| Q2 24 | $7.5B | $1.4B |
负债/权益比CASHMGPI
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | 0.34× | ||
| Q3 25 | 0.04× | 0.31× | ||
| Q2 25 | 0.04× | 0.35× | ||
| Q1 25 | 0.04× | 0.35× | ||
| Q4 24 | 0.04× | 0.38× | ||
| Q3 24 | 0.04× | 0.31× | ||
| Q2 24 | 0.04× | 0.34× |
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 | — | $29.1M |
| 自由现金流经营现金流 - 资本支出 | — | $24.3M |
| 自由现金流率自由现金流/营收 | — | 17.5% |
| 资本支出强度资本支出/营收 | — | 3.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $76.0M |
8季度趋势，按日历期对齐
经营现金流CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $29.1M | ||
| Q3 25 | $303.7M | $36.1M | ||
| Q2 25 | $30.4M | $11.7M | ||
| Q1 25 | $188.3M | $44.7M | ||
| Q4 24 | $-71.7M | $28.8M | ||
| Q3 24 | $143.1M | $43.9M | ||
| Q2 24 | $113.2M | $5.0M |
自由现金流CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $24.3M | ||
| Q3 25 | $300.3M | $27.6M | ||
| Q2 25 | $27.7M | $-557.0K | ||
| Q1 25 | $184.7M | $24.8M | ||
| Q4 24 | $-73.8M | $10.4M | ||
| Q3 24 | $138.8M | $24.5M | ||
| Q2 24 | $111.0M | $-1.4M |
自由现金流率CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 17.5% | ||
| Q3 25 | 160.9% | 21.1% | ||
| Q2 25 | 14.1% | -0.4% | ||
| Q1 25 | 67.2% | 20.4% | ||
| Q4 24 | -40.4% | 5.8% | ||
| Q3 24 | 77.3% | 15.2% | ||
| Q2 24 | 58.8% | -0.7% |
资本支出强度CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 3.5% | ||
| Q3 25 | 1.8% | 6.5% | ||
| Q2 25 | 1.4% | 8.4% | ||
| Q1 25 | 1.3% | 16.4% | ||
| Q4 24 | 1.1% | 10.1% | ||
| Q3 24 | 2.4% | 12.0% | ||
| Q2 24 | 1.2% | 3.3% |
现金转化率CASHMGPI
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | 2.34× | ||
| Q2 25 | 0.72× | 0.81× | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 1.84× | ||
| Q2 24 | 2.52× | 0.15× |
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% |
MGPI
| Branded Spirits | $63.4M | 46% |
| Ingredient Solutions | $31.3M | 23% |
| Specialty Wheat Starches | $16.8M | 12% |
| Mid Spirits | $16.1M | 12% |
| Other Branded Spirits | $8.0M | 6% |
| Commodity Wheat Starch | $2.3M | 2% |
