vs
PATHWARD FINANCIAL, INC.（CASH）与STRATTEC SECURITY CORP（STRT）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STRATTEC SECURITY CORP的1.3倍（$173.1M vs $137.5M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs 3.6%，领先16.7%），STRATTEC SECURITY CORP同比增速更快（5.9% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $11.3M），过去两年STRATTEC SECURITY CORP的营收复合增速更高（7.7% 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。
STRATTEC安全公司是专业的汽车安全访问解决方案供应商，主营汽车机械与电子锁具、钥匙、无钥匙进入系统等产品，主要服务全球汽车整车厂商、重型车辆制造商及汽车后市场客户，业务覆盖北美、欧洲、亚太等地区。
CASH vs STRT — 直观对比
营收规模更大
CASH
是对方的1.3倍
$137.5M
营收增速更快
STRT
高出6.1%
-0.2%
净利率更高
CASH
高出16.7%
3.6%
自由现金流更多
CASH
多$92.8M
$11.3M
两年增速更快
STRT
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $137.5M |
| 净利润 | $35.2M | $4.9M |
| 毛利率 | — | 16.5% |
| 营业利润率 | 24.6% | 3.5% |
| 净利率 | 20.3% | 3.6% |
| 营收同比 | -0.2% | 5.9% |
| 净利润同比 | 11.9% | 275.1% |
| 每股收益（稀释后） | $1.57 | $1.20 |
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CASHSTRT
| Q4 25 | $173.1M | $137.5M | ||
| Q3 25 | $186.7M | $152.4M | ||
| Q2 25 | $195.8M | $152.0M | ||
| Q1 25 | $274.8M | $144.1M | ||
| Q4 24 | $182.6M | $129.9M | ||
| Q3 24 | $179.5M | $139.1M | ||
| Q2 24 | $188.6M | — | ||
| Q1 24 | $257.6M | $140.8M |
净利润CASHSTRT
| Q4 25 | $35.2M | $4.9M | ||
| Q3 25 | $38.8M | $8.5M | ||
| Q2 25 | $42.1M | $8.3M | ||
| Q1 25 | $75.0M | $5.4M | ||
| Q4 24 | $30.0M | $1.3M | ||
| Q3 24 | $33.5M | $3.7M | ||
| Q2 24 | $44.9M | — | ||
| Q1 24 | $69.9M | $1.5M |
毛利率CASHSTRT
| Q4 25 | — | 16.5% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 16.7% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 13.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.4% |
营业利润率CASHSTRT
| Q4 25 | 24.6% | 3.5% | ||
| Q3 25 | 25.9% | 6.9% | ||
| Q2 25 | 24.1% | 5.6% | ||
| Q1 25 | 33.2% | 4.9% | ||
| Q4 24 | 19.8% | 1.6% | ||
| Q3 24 | 20.9% | 3.6% | ||
| Q2 24 | 27.1% | — | ||
| Q1 24 | 33.8% | 1.4% |
净利率CASHSTRT
| Q4 25 | 20.3% | 3.6% | ||
| Q3 25 | 20.8% | 5.6% | ||
| Q2 25 | 21.5% | 5.4% | ||
| Q1 25 | 27.3% | 3.7% | ||
| Q4 24 | 16.4% | 1.0% | ||
| Q3 24 | 18.7% | 2.7% | ||
| Q2 24 | 23.8% | — | ||
| Q1 24 | 27.1% | 1.1% |
每股收益（稀释后）CASHSTRT
| Q4 25 | $1.57 | $1.20 | ||
| Q3 25 | $1.69 | $2.07 | ||
| Q2 25 | $1.81 | $2.02 | ||
| Q1 25 | $3.14 | $1.32 | ||
| Q4 24 | $1.23 | $0.32 | ||
| Q3 24 | $1.34 | $0.92 | ||
| Q2 24 | $1.78 | — | ||
| Q1 24 | $2.74 | $0.37 |
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 | $99.0M |
| 总债务越低越好 | $33.5M | — |
| 股东权益账面价值 | $854.5M | $236.8M |
| 总资产 | $7.6B | $392.2M |
| 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CASHSTRT
| Q4 25 | $331.2M | $99.0M | ||
| Q3 25 | $120.6M | $90.5M | ||
| Q2 25 | $258.3M | $84.6M | ||
| Q1 25 | $254.2M | $62.1M | ||
| Q4 24 | $597.4M | $42.6M | ||
| Q3 24 | $158.3M | $34.4M | ||
| Q2 24 | $298.9M | — | ||
| Q1 24 | $347.9M | $9.6M |
总债务CASHSTRT
| 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CASHSTRT
| Q4 25 | $854.5M | $236.8M | ||
| Q3 25 | $858.0M | $230.5M | ||
| Q2 25 | $819.0M | $221.6M | ||
| Q1 25 | $814.7M | $210.7M | ||
| Q4 24 | $758.3M | $204.5M | ||
| Q3 24 | $822.5M | $203.0M | ||
| Q2 24 | $748.4M | — | ||
| Q1 24 | $719.5M | $193.8M |
总资产CASHSTRT
| Q4 25 | $7.6B | $392.2M | ||
| Q3 25 | $7.2B | $390.1M | ||
| Q2 25 | $7.2B | $391.5M | ||
| Q1 25 | $7.0B | $387.4M | ||
| Q4 24 | $7.6B | $355.9M | ||
| Q3 24 | $7.5B | $366.9M | ||
| Q2 24 | $7.5B | — | ||
| Q1 24 | $7.4B | $348.5M |
负债/权益比CASHSTRT
| 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 | $13.9M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $11.3M |
| 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% | 1.9% |
| 现金转化率经营现金流/净利润 | 3.08× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $616.8M | $67.8M |
8季度趋势，按日历期对齐
经营现金流CASHSTRT
| Q4 25 | $108.3M | $13.9M | ||
| Q3 25 | $303.7M | $11.3M | ||
| Q2 25 | $30.4M | $30.2M | ||
| Q1 25 | $188.3M | $20.7M | ||
| Q4 24 | $-71.7M | $9.4M | ||
| Q3 24 | $143.1M | $11.3M | ||
| Q2 24 | $113.2M | — | ||
| Q1 24 | $203.0M | $-309.0K |
自由现金流CASHSTRT
| Q4 25 | $104.1M | $11.3M | ||
| Q3 25 | $300.3M | $9.8M | ||
| Q2 25 | $27.7M | $27.2M | ||
| Q1 25 | $184.7M | $19.6M | ||
| Q4 24 | $-73.8M | $8.5M | ||
| Q3 24 | $138.8M | $9.3M | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $201.3M | $-2.0M |
自由现金流率CASHSTRT
| Q4 25 | 60.1% | 8.2% | ||
| Q3 25 | 160.9% | 6.4% | ||
| Q2 25 | 14.1% | 17.9% | ||
| Q1 25 | 67.2% | 13.6% | ||
| Q4 24 | -40.4% | 6.6% | ||
| Q3 24 | 77.3% | 6.7% | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 78.1% | -1.4% |
资本支出强度CASHSTRT
| Q4 25 | 2.4% | 1.9% | ||
| Q3 25 | 1.8% | 1.0% | ||
| Q2 25 | 1.4% | 2.0% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 1.1% | 0.7% | ||
| Q3 24 | 2.4% | 1.5% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.7% | 1.2% |
现金转化率CASHSTRT
| Q4 25 | 3.08× | 2.81× | ||
| Q3 25 | 7.83× | 1.33× | ||
| Q2 25 | 0.72× | 3.65× | ||
| Q1 25 | 2.51× | 3.84× | ||
| Q4 24 | -2.39× | 7.16× | ||
| Q3 24 | 4.27× | 3.06× | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.90× | -0.21× |
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% |
STRT
| Door Handles And Exterior Trim | $35.0M | 25% |
| Power Access Solutions | $34.5M | 25% |
| Keys And Locksets | $26.8M | 19% |
| Latches | $16.3M | 12% |
| User Interface Controls | $12.5M | 9% |
| Aftermarket And Service | $9.4M | 7% |
| Other Product | $3.1M | 2% |
| Related Party | $1.3M | 1% |
