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PATHWARD FINANCIAL, INC.（CASH）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的1.1倍（$173.1M vs $151.1M），STURM RUGER & CO INC同比增速更快（3.6% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $12.3M），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% 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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
CASH vs RGR — 直观对比
营收规模更大
CASH
是对方的1.1倍
$151.1M
营收增速更快
RGR
高出3.9%
-0.2%
自由现金流更多
CASH
多$91.7M
$12.3M
两年增速更快
RGR
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $151.1M |
| 净利润 | $35.2M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | 24.6% | 2.3% |
| 净利率 | 20.3% | — |
| 营收同比 | -0.2% | 3.6% |
| 净利润同比 | 11.9% | — |
| 每股收益（稀释后） | $1.57 | $0.22 |
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CASHRGR
| Q4 25 | $173.1M | $151.1M | ||
| Q3 25 | $186.7M | $126.8M | ||
| Q2 25 | $195.8M | $132.5M | ||
| Q1 25 | $274.8M | $135.7M | ||
| Q4 24 | $182.6M | $145.8M | ||
| Q3 24 | $179.5M | $122.3M | ||
| Q2 24 | $188.6M | $130.8M | ||
| Q1 24 | $257.6M | $136.8M |
净利润CASHRGR
| Q4 25 | $35.2M | — | ||
| Q3 25 | $38.8M | $1.6M | ||
| Q2 25 | $42.1M | $-17.2M | ||
| Q1 25 | $75.0M | $7.8M | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $33.5M | $4.7M | ||
| Q2 24 | $44.9M | $8.3M | ||
| Q1 24 | $69.9M | $7.1M |
毛利率CASHRGR
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
营业利润率CASHRGR
| Q4 25 | 24.6% | 2.3% | ||
| Q3 25 | 25.9% | -2.7% | ||
| Q2 25 | 24.1% | -15.6% | ||
| Q1 25 | 33.2% | 6.2% | ||
| Q4 24 | 19.8% | 7.8% | ||
| Q3 24 | 20.9% | 3.1% | ||
| Q2 24 | 27.1% | 6.9% | ||
| Q1 24 | 33.8% | 5.5% |
净利率CASHRGR
| Q4 25 | 20.3% | — | ||
| Q3 25 | 20.8% | 1.2% | ||
| Q2 25 | 21.5% | -13.0% | ||
| Q1 25 | 27.3% | 5.7% | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | 18.7% | 3.9% | ||
| Q2 24 | 23.8% | 6.3% | ||
| Q1 24 | 27.1% | 5.2% |
每股收益（稀释后）CASHRGR
| Q4 25 | $1.57 | $0.22 | ||
| Q3 25 | $1.69 | $0.10 | ||
| Q2 25 | $1.81 | $-1.05 | ||
| Q1 25 | $3.14 | $0.46 | ||
| Q4 24 | $1.23 | $0.62 | ||
| Q3 24 | $1.34 | $0.28 | ||
| Q2 24 | $1.78 | $0.47 | ||
| Q1 24 | $2.74 | $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 | $331.2M | $92.5M |
| 总债务越低越好 | $33.5M | — |
| 股东权益账面价值 | $854.5M | $283.8M |
| 总资产 | $7.6B | $342.0M |
| 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CASHRGR
| Q4 25 | $331.2M | $92.5M | ||
| Q3 25 | $120.6M | $80.8M | ||
| Q2 25 | $258.3M | $101.4M | ||
| Q1 25 | $254.2M | $108.3M | ||
| Q4 24 | $597.4M | $105.5M | ||
| Q3 24 | $158.3M | $96.0M | ||
| Q2 24 | $298.9M | $105.6M | ||
| Q1 24 | $347.9M | $115.3M |
总债务CASHRGR
| 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CASHRGR
| Q4 25 | $854.5M | $283.8M | ||
| Q3 25 | $858.0M | $279.6M | ||
| Q2 25 | $819.0M | $289.3M | ||
| Q1 25 | $814.7M | $321.5M | ||
| Q4 24 | $758.3M | $319.6M | ||
| Q3 24 | $822.5M | $314.9M | ||
| Q2 24 | $748.4M | $321.5M | ||
| Q1 24 | $719.5M | $332.0M |
总资产CASHRGR
| Q4 25 | $7.6B | $342.0M | ||
| Q3 25 | $7.2B | $342.3M | ||
| Q2 25 | $7.2B | $349.5M | ||
| Q1 25 | $7.0B | $379.0M | ||
| Q4 24 | $7.6B | $384.0M | ||
| Q3 24 | $7.5B | $373.5M | ||
| Q2 24 | $7.5B | $376.7M | ||
| Q1 24 | $7.4B | $385.0M |
负债/权益比CASHRGR
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $12.3M |
| 自由现金流率自由现金流/营收 | 60.1% | 8.2% |
| 资本支出强度资本支出/营收 | 2.4% | 2.1% |
| 现金转化率经营现金流/净利润 | 3.08× | — |
| 过去12个月自由现金流最近4个季度 | $616.8M | $38.5M |
8季度趋势，按日历期对齐
经营现金流CASHRGR
| Q4 25 | $108.3M | $15.5M | ||
| Q3 25 | $303.7M | $12.9M | ||
| Q2 25 | $30.4M | $14.7M | ||
| Q1 25 | $188.3M | $11.1M | ||
| Q4 24 | $-71.7M | $20.0M | ||
| Q3 24 | $143.1M | $9.4M | ||
| Q2 24 | $113.2M | $18.7M | ||
| Q1 24 | $203.0M | $7.3M |
自由现金流CASHRGR
| Q4 25 | $104.1M | $12.3M | ||
| Q3 25 | $300.3M | $7.0M | ||
| Q2 25 | $27.7M | $9.1M | ||
| Q1 25 | $184.7M | $10.0M | ||
| Q4 24 | $-73.8M | $16.4M | ||
| Q3 24 | $138.8M | $2.6M | ||
| Q2 24 | $111.0M | $10.1M | ||
| Q1 24 | $201.3M | $5.6M |
自由现金流率CASHRGR
| Q4 25 | 60.1% | 8.2% | ||
| Q3 25 | 160.9% | 5.5% | ||
| Q2 25 | 14.1% | 6.9% | ||
| Q1 25 | 67.2% | 7.4% | ||
| Q4 24 | -40.4% | 11.2% | ||
| Q3 24 | 77.3% | 2.1% | ||
| Q2 24 | 58.8% | 7.7% | ||
| Q1 24 | 78.1% | 4.1% |
资本支出强度CASHRGR
| Q4 25 | 2.4% | 2.1% | ||
| Q3 25 | 1.8% | 4.6% | ||
| Q2 25 | 1.4% | 4.2% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 1.1% | 2.5% | ||
| Q3 24 | 2.4% | 5.5% | ||
| Q2 24 | 1.2% | 6.6% | ||
| Q1 24 | 0.7% | 1.3% |
现金转化率CASHRGR
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | 8.15× | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | 1.43× | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 1.98× | ||
| Q2 24 | 2.52× | 2.27× | ||
| Q1 24 | 2.90× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
