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PATHWARD FINANCIAL, INC.（CASH）与Gentherm Inc（THRM）财务数据对比。点击上方公司名可切换其他公司
Gentherm Inc的季度营收约是PATHWARD FINANCIAL, INC.的1.4倍（$382.8M vs $276.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 0.8%，领先25.6%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 3.7%）
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。
金瑟公司（原阿梅里贡）是一家美国热管理技术企业，为汽车行业研发出了全球首款热电调温座椅系统——气候控制座椅系统。该系统于1999年率先被福特汽车采纳，作为选装配置搭载在2000款林肯领航员上，如今已应用于福特、通用、丰田（雷克萨斯）、起亚、现代、日产（英菲尼迪）等车企的50余款车型。
CASH vs THRM — 直观对比
营收规模更大
THRM
是对方的1.4倍
$276.3M
净利率更高
CASH
高出25.6%
0.8%
两年增速更快
CASH
近两年复合增速
3.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $382.8M |
| 净利润 | $72.9M | $3.0M |
| 毛利率 | — | 23.7% |
| 营业利润率 | — | 4.6% |
| 净利率 | 26.4% | 0.8% |
| 营收同比 | — | 8.5% |
| 净利润同比 | — | -80.5% |
| 每股收益（稀释后） | $3.35 | $0.08 |
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CASHTHRM
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $382.8M | ||
| Q3 25 | $186.7M | $386.9M | ||
| Q2 25 | $195.8M | $375.1M | ||
| Q1 25 | $274.8M | $353.9M | ||
| Q4 24 | $182.6M | $352.9M | ||
| Q3 24 | $179.5M | $371.5M | ||
| Q2 24 | $188.6M | $375.7M |
净利润CASHTHRM
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $3.0M | ||
| Q3 25 | $38.8M | $14.9M | ||
| Q2 25 | $42.1M | $477.0K | ||
| Q1 25 | $75.0M | $-128.0K | ||
| Q4 24 | $30.0M | $15.3M | ||
| Q3 24 | $33.5M | $16.0M | ||
| Q2 24 | $44.9M | $18.9M |
毛利率CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 24.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | — | 24.4% | ||
| Q3 24 | — | 25.5% | ||
| Q2 24 | — | 25.7% |
营业利润率CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 4.6% | ||
| Q3 25 | 25.9% | 6.2% | ||
| Q2 25 | 24.1% | 6.4% | ||
| Q1 25 | 33.2% | 4.8% | ||
| Q4 24 | 19.8% | 6.7% | ||
| Q3 24 | 20.9% | 8.7% | ||
| Q2 24 | 27.1% | 8.8% |
净利率CASHTHRM
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 0.8% | ||
| Q3 25 | 20.8% | 3.9% | ||
| Q2 25 | 21.5% | 0.1% | ||
| Q1 25 | 27.3% | -0.0% | ||
| Q4 24 | 16.4% | 4.3% | ||
| Q3 24 | 18.7% | 4.3% | ||
| Q2 24 | 23.8% | 5.0% |
每股收益（稀释后）CASHTHRM
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.08 | ||
| Q3 25 | $1.69 | $0.49 | ||
| Q2 25 | $1.81 | $0.02 | ||
| Q1 25 | $3.14 | $0.00 | ||
| Q4 24 | $1.23 | $0.48 | ||
| Q3 24 | $1.34 | $0.51 | ||
| Q2 24 | $1.78 | $0.60 |
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 | $160.8M |
| 总债务越低越好 | $59.5M | $189.0M |
| 股东权益账面价值 | $850.7M | $720.3M |
| 总资产 | $7.1B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.07× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资CASHTHRM
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $160.8M | ||
| Q3 25 | $120.6M | $154.3M | ||
| Q2 25 | $258.3M | $128.3M | ||
| Q1 25 | $254.2M | $163.1M | ||
| Q4 24 | $597.4M | $134.1M | ||
| Q3 24 | $158.3M | $150.6M | ||
| Q2 24 | $298.9M | $123.5M |
总债务CASHTHRM
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $189.0M | ||
| Q3 25 | $33.5M | $189.0M | ||
| Q2 25 | $33.4M | $209.0M | ||
| Q1 25 | $33.4M | $262.0M | ||
| Q4 24 | $33.4M | $220.1M | ||
| Q3 24 | $33.4M | $222.1M | ||
| Q2 24 | $33.3M | $222.1M |
股东权益CASHTHRM
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $720.3M | ||
| Q3 25 | $858.0M | $717.9M | ||
| Q2 25 | $819.0M | $699.7M | ||
| Q1 25 | $814.7M | $646.5M | ||
| Q4 24 | $758.3M | $616.9M | ||
| Q3 24 | $822.5M | $660.7M | ||
| Q2 24 | $748.4M | $640.3M |
总资产CASHTHRM
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $1.4B | ||
| Q3 25 | $7.2B | $1.4B | ||
| Q2 25 | $7.2B | $1.4B | ||
| Q1 25 | $7.0B | $1.3B | ||
| Q4 24 | $7.6B | $1.2B | ||
| Q3 24 | $7.5B | $1.3B | ||
| Q2 24 | $7.5B | $1.2B |
负债/权益比CASHTHRM
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | 0.26× | ||
| Q3 25 | 0.04× | 0.26× | ||
| Q2 25 | 0.04× | 0.30× | ||
| Q1 25 | 0.04× | 0.41× | ||
| Q4 24 | 0.04× | 0.36× | ||
| Q3 24 | 0.04× | 0.34× | ||
| Q2 24 | 0.04× | 0.35× |
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 | — | $29.0M |
| 自由现金流经营现金流 - 资本支出 | — | $6.7M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 现金转化率经营现金流/净利润 | — | 9.70× |
| 过去12个月自由现金流最近4个季度 | — | $61.1M |
8季度趋势，按日历期对齐
经营现金流CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $29.0M | ||
| Q3 25 | $303.7M | $56.1M | ||
| Q2 25 | $30.4M | $45.0M | ||
| Q1 25 | $188.3M | $-13.3M | ||
| Q4 24 | $-71.7M | $36.6M | ||
| Q3 24 | $143.1M | $46.3M | ||
| Q2 24 | $113.2M | $37.1M |
自由现金流CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $6.7M | ||
| Q3 25 | $300.3M | $46.5M | ||
| Q2 25 | $27.7M | $36.2M | ||
| Q1 25 | $184.7M | $-28.2M | ||
| Q4 24 | $-73.8M | $13.6M | ||
| Q3 24 | $138.8M | $26.6M | ||
| Q2 24 | $111.0M | $17.8M |
自由现金流率CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 1.7% | ||
| Q3 25 | 160.9% | 12.0% | ||
| Q2 25 | 14.1% | 9.6% | ||
| Q1 25 | 67.2% | -8.0% | ||
| Q4 24 | -40.4% | 3.9% | ||
| Q3 24 | 77.3% | 7.2% | ||
| Q2 24 | 58.8% | 4.7% |
资本支出强度CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 5.8% | ||
| Q3 25 | 1.8% | 2.5% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 1.3% | 4.2% | ||
| Q4 24 | 1.1% | 6.5% | ||
| Q3 24 | 2.4% | 5.3% | ||
| Q2 24 | 1.2% | 5.2% |
现金转化率CASHTHRM
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 9.70× | ||
| Q3 25 | 7.83× | 3.75× | ||
| Q2 25 | 0.72× | 94.43× | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | 2.39× | ||
| Q3 24 | 4.27× | 2.90× | ||
| Q2 24 | 2.52× | 1.97× |
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% |
THRM
| Climate Control Seats | $200.9M | 52% |
| Lumbar And Massage Comfort Solutions | $58.5M | 15% |
| Climate Control Interiors | $50.3M | 13% |
| Other Automotive | $27.6M | 7% |
| Valve Systems | $24.1M | 6% |
| Medical Segments | $13.9M | 4% |
| Climate And Comfort Electronics | $7.4M | 2% |
