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PATHWARD FINANCIAL, INC.（CASH）与Turning Point Brands, Inc.（TPB）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Turning Point Brands, Inc.的2.3倍（$276.3M vs $121.0M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 6.8%，领先19.6%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 20.7%）
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。
Turning Point Australia（TPAUS）是一家位于澳大利亚的保守派游说团体，隶属于美国转折点组织但保持独立运营，由乔尔·贾马尔创立并于2023年完成注册。该团体目前正积极行动，试图影响2026年3月举行的南澳大利亚州选举结果。
CASH vs TPB — 直观对比
营收规模更大
CASH
是对方的2.3倍
$121.0M
净利率更高
CASH
高出19.6%
6.8%
两年增速更快
CASH
近两年复合增速
20.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $121.0M |
| 净利润 | $72.9M | $8.2M |
| 毛利率 | — | 55.9% |
| 营业利润率 | — | 16.5% |
| 净利率 | 26.4% | 6.8% |
| 营收同比 | — | 29.2% |
| 净利润同比 | — | 239.8% |
| 每股收益（稀释后） | $3.35 | $0.40 |
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CASHTPB
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $121.0M | ||
| Q3 25 | $186.7M | $119.0M | ||
| Q2 25 | $195.8M | $116.6M | ||
| Q1 25 | $274.8M | $106.4M | ||
| Q4 24 | $182.6M | $93.7M | ||
| Q3 24 | $179.5M | $90.7M | ||
| Q2 24 | $188.6M | $93.2M |
净利润CASHTPB
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $8.2M | ||
| Q3 25 | $38.8M | $21.1M | ||
| Q2 25 | $42.1M | $14.5M | ||
| Q1 25 | $75.0M | $14.4M | ||
| Q4 24 | $30.0M | $2.4M | ||
| Q3 24 | $33.5M | $12.4M | ||
| Q2 24 | $44.9M | $13.0M |
毛利率CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | — | 55.9% | ||
| Q3 25 | — | 59.2% | ||
| Q2 25 | — | 57.1% | ||
| Q1 25 | — | 56.0% | ||
| Q4 24 | — | 56.0% | ||
| Q3 24 | — | 55.6% | ||
| Q2 24 | — | 54.1% |
营业利润率CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 16.5% | ||
| Q3 25 | 25.9% | 21.8% | ||
| Q2 25 | 24.1% | 22.6% | ||
| Q1 25 | 33.2% | 21.8% | ||
| Q4 24 | 19.8% | 19.1% | ||
| Q3 24 | 20.9% | 22.9% | ||
| Q2 24 | 27.1% | 24.5% |
净利率CASHTPB
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 6.8% | ||
| Q3 25 | 20.8% | 17.7% | ||
| Q2 25 | 21.5% | 12.4% | ||
| Q1 25 | 27.3% | 13.5% | ||
| Q4 24 | 16.4% | 2.6% | ||
| Q3 24 | 18.7% | 13.6% | ||
| Q2 24 | 23.8% | 14.0% |
每股收益（稀释后）CASHTPB
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.40 | ||
| Q3 25 | $1.69 | $1.13 | ||
| Q2 25 | $1.81 | $0.79 | ||
| Q1 25 | $3.14 | $0.79 | ||
| Q4 24 | $1.23 | $0.15 | ||
| Q3 24 | $1.34 | $0.68 | ||
| Q2 24 | $1.78 | $0.68 |
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 | $222.8M |
| 总债务越低越好 | $59.5M | — |
| 股东权益账面价值 | $850.7M | $372.0M |
| 总资产 | $7.1B | $763.8M |
| 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CASHTPB
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $222.8M | ||
| Q3 25 | $120.6M | $201.2M | ||
| Q2 25 | $258.3M | $109.9M | ||
| Q1 25 | $254.2M | $99.6M | ||
| Q4 24 | $597.4M | $48.9M | ||
| Q3 24 | $158.3M | $33.6M | ||
| Q2 24 | $298.9M | $142.2M |
总债务CASHTPB
| Q1 26 | $59.5M | — | ||
| 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 | — |
股东权益CASHTPB
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $372.0M | ||
| Q3 25 | $858.0M | $358.2M | ||
| Q2 25 | $819.0M | $224.8M | ||
| Q1 25 | $814.7M | $203.4M | ||
| Q4 24 | $758.3M | $190.4M | ||
| Q3 24 | $822.5M | $185.7M | ||
| Q2 24 | $748.4M | $172.8M |
总资产CASHTPB
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $763.8M | ||
| Q3 25 | $7.2B | $742.8M | ||
| Q2 25 | $7.2B | $595.8M | ||
| Q1 25 | $7.0B | $564.6M | ||
| Q4 24 | $7.6B | $493.4M | ||
| Q3 24 | $7.5B | $488.0M | ||
| Q2 24 | $7.5B | $591.6M |
负债/权益比CASHTPB
| 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 | — | $24.9M |
| 自由现金流经营现金流 - 资本支出 | — | $21.5M |
| 自由现金流率自由现金流/营收 | — | 17.8% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | — | 3.03× |
| 过去12个月自由现金流最近4个季度 | — | $43.8M |
8季度趋势，按日历期对齐
经营现金流CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $24.9M | ||
| Q3 25 | $303.7M | $3.3M | ||
| Q2 25 | $30.4M | $11.8M | ||
| Q1 25 | $188.3M | $17.4M | ||
| Q4 24 | $-71.7M | $17.7M | ||
| Q3 24 | $143.1M | $13.2M | ||
| Q2 24 | $113.2M | $13.4M |
自由现金流CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $21.5M | ||
| Q3 25 | $300.3M | $-721.0K | ||
| Q2 25 | $27.7M | $7.8M | ||
| Q1 25 | $184.7M | $15.2M | ||
| Q4 24 | $-73.8M | $16.6M | ||
| Q3 24 | $138.8M | $12.6M | ||
| Q2 24 | $111.0M | $10.9M |
自由现金流率CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 17.8% | ||
| Q3 25 | 160.9% | -0.6% | ||
| Q2 25 | 14.1% | 6.7% | ||
| Q1 25 | 67.2% | 14.3% | ||
| Q4 24 | -40.4% | 17.8% | ||
| Q3 24 | 77.3% | 13.9% | ||
| Q2 24 | 58.8% | 11.7% |
资本支出强度CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 2.8% | ||
| Q3 25 | 1.8% | 3.4% | ||
| Q2 25 | 1.4% | 3.4% | ||
| Q1 25 | 1.3% | 2.1% | ||
| Q4 24 | 1.1% | 1.2% | ||
| Q3 24 | 2.4% | 0.7% | ||
| Q2 24 | 1.2% | 2.7% |
现金转化率CASHTPB
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 3.03× | ||
| Q3 25 | 7.83× | 0.16× | ||
| Q2 25 | 0.72× | 0.82× | ||
| Q1 25 | 2.51× | 1.21× | ||
| Q4 24 | -2.39× | 7.34× | ||
| Q3 24 | 4.27× | 1.07× | ||
| Q2 24 | 2.52× | 1.03× |
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% |
TPB
| US | $111.5M | 92% |
| Non Us | $9.6M | 8% |
