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PATHWARD FINANCIAL, INC.（CASH）与FreightCar America, Inc.（RAIL）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FreightCar America, Inc.的2.2倍（$276.3M vs $125.5M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs -13.2%，领先39.6%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs -11.7%）
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。
货运车美国公司是铁路行业货运车厢制造商，全球约有2000名雇员，核心生产基地设在墨西哥卡斯塔诺斯，厂区面积达70万平方英尺。此外，公司总部设于芝加哥，在宾夕法尼亚州约翰斯顿设有工程与零部件厂区，主要为铁路领域提供专业货运车厢产品。
CASH vs RAIL — 直观对比
营收规模更大
CASH
是对方的2.2倍
$125.5M
净利率更高
CASH
高出39.6%
-13.2%
两年增速更快
CASH
近两年复合增速
-11.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $125.5M |
| 净利润 | $72.9M | $-16.6M |
| 毛利率 | — | 13.4% |
| 营业利润率 | — | 6.2% |
| 净利率 | 26.4% | -13.2% |
| 营收同比 | — | -8.8% |
| 净利润同比 | — | -147.9% |
| 每股收益（稀释后） | $3.35 | $-0.54 |
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CASHRAIL
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $125.5M | ||
| Q3 25 | $186.7M | $160.4M | ||
| Q2 25 | $195.8M | $118.5M | ||
| Q1 25 | $274.8M | $96.2M | ||
| Q4 24 | $182.6M | $137.6M | ||
| Q3 24 | $179.5M | $113.2M | ||
| Q2 24 | $188.6M | $146.0M |
净利润CASHRAIL
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $-16.6M | ||
| Q3 25 | $38.8M | $-7.4M | ||
| Q2 25 | $42.1M | $11.7M | ||
| Q1 25 | $75.0M | $50.4M | ||
| Q4 24 | $30.0M | $34.6M | ||
| Q3 24 | $33.5M | $-107.0M | ||
| Q2 24 | $44.9M | $8.2M |
毛利率CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 15.0% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 15.3% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 12.6% |
营业利润率CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 6.2% | ||
| Q3 25 | 25.9% | 9.1% | ||
| Q2 25 | 24.1% | 6.5% | ||
| Q1 25 | 33.2% | 4.0% | ||
| Q4 24 | 19.8% | 8.5% | ||
| Q3 24 | 20.9% | 7.6% | ||
| Q2 24 | 27.1% | 9.0% |
净利率CASHRAIL
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | -13.2% | ||
| Q3 25 | 20.8% | -4.6% | ||
| Q2 25 | 21.5% | 9.9% | ||
| Q1 25 | 27.3% | 52.4% | ||
| Q4 24 | 16.4% | 25.2% | ||
| Q3 24 | 18.7% | -94.6% | ||
| Q2 24 | 23.8% | 5.6% |
每股收益（稀释后）CASHRAIL
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $-0.54 | ||
| Q3 25 | $1.69 | $-0.23 | ||
| Q2 25 | $1.81 | $0.34 | ||
| Q1 25 | $3.14 | $1.52 | ||
| Q4 24 | $1.23 | $0.88 | ||
| Q3 24 | $1.34 | $-3.57 | ||
| Q2 24 | $1.78 | $0.11 |
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 | — |
| 总债务越低越好 | $59.5M | $107.2M |
| 股东权益账面价值 | $850.7M | $-107.4M |
| 总资产 | $7.1B | $290.0M |
| 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CASHRAIL
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | — | ||
| Q3 25 | $120.6M | — | ||
| Q2 25 | $258.3M | — | ||
| Q1 25 | $254.2M | — | ||
| Q4 24 | $597.4M | — | ||
| Q3 24 | $158.3M | — | ||
| Q2 24 | $298.9M | — |
总债务CASHRAIL
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $107.2M | ||
| Q3 25 | $33.5M | $107.6M | ||
| Q2 25 | $33.4M | $107.9M | ||
| Q1 25 | $33.4M | $108.2M | ||
| Q4 24 | $33.4M | $108.4M | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — |
股东权益CASHRAIL
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $-107.4M | ||
| Q3 25 | $858.0M | $-90.9M | ||
| Q2 25 | $819.0M | $-83.5M | ||
| Q1 25 | $814.7M | $-97.4M | ||
| Q4 24 | $758.3M | $-150.3M | ||
| Q3 24 | $822.5M | $-156.3M | ||
| Q2 24 | $748.4M | $-48.8M |
总资产CASHRAIL
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $290.0M | ||
| Q3 25 | $7.2B | $340.8M | ||
| Q2 25 | $7.2B | $328.1M | ||
| Q1 25 | $7.0B | $250.5M | ||
| Q4 24 | $7.6B | $224.2M | ||
| Q3 24 | $7.5B | $245.9M | ||
| Q2 24 | $7.5B | $207.2M |
负债/权益比CASHRAIL
| 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 | — | $10.0M |
| 自由现金流经营现金流 - 资本支出 | — | $8.8M |
| 自由现金流率自由现金流/营收 | — | 7.0% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 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 | — | $31.4M |
8季度趋势，按日历期对齐
经营现金流CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $10.0M | ||
| Q3 25 | $303.7M | $3.4M | ||
| Q2 25 | $30.4M | $8.5M | ||
| Q1 25 | $188.3M | $12.8M | ||
| Q4 24 | $-71.7M | $5.9M | ||
| Q3 24 | $143.1M | $7.2M | ||
| Q2 24 | $113.2M | $57.2M |
自由现金流CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $8.8M | ||
| Q3 25 | $300.3M | $2.2M | ||
| Q2 25 | $27.7M | $7.9M | ||
| Q1 25 | $184.7M | $12.5M | ||
| Q4 24 | $-73.8M | $4.6M | ||
| Q3 24 | $138.8M | $5.7M | ||
| Q2 24 | $111.0M | $55.9M |
自由现金流率CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 7.0% | ||
| Q3 25 | 160.9% | 1.4% | ||
| Q2 25 | 14.1% | 6.7% | ||
| Q1 25 | 67.2% | 13.0% | ||
| Q4 24 | -40.4% | 3.3% | ||
| Q3 24 | 77.3% | 5.0% | ||
| Q2 24 | 58.8% | 38.3% |
资本支出强度CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 1.0% | ||
| Q3 25 | 1.8% | 0.7% | ||
| Q2 25 | 1.4% | 0.5% | ||
| Q1 25 | 1.3% | 0.3% | ||
| Q4 24 | 1.1% | 0.9% | ||
| Q3 24 | 2.4% | 1.3% | ||
| Q2 24 | 1.2% | 0.9% |
现金转化率CASHRAIL
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | 0.73× | ||
| Q1 25 | 2.51× | 0.25× | ||
| Q4 24 | -2.39× | 0.17× | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | 6.99× |
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% |
RAIL
| Railcar Sales | $118.9M | 95% |
| Aftermarket Sales | $6.6M | 5% |
