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PATHWARD FINANCIAL, INC.（CASH）与Texas Pacific Land Corporation（TPL）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Texas Pacific Land Corporation的1.3倍（$276.3M vs $211.6M），Texas Pacific Land Corporation净利率更高（58.3% vs 26.4%，领先31.9%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 10.2%）
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。
Texas Pacific Land Corporation（简称TPL）是一家公开上市的不动产运营企业，行政总部位于美国得克萨斯州达拉斯市。公司在得州西部20个郡拥有逾88万英亩（约3600平方公里）土地，是得州规模最大的私人土地所有者之一，前身为得克萨斯太平洋土地信托。
CASH vs TPL — 直观对比
营收规模更大
CASH
是对方的1.3倍
$211.6M
净利率更高
TPL
高出31.9%
26.4%
两年增速更快
CASH
近两年复合增速
10.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $211.6M |
| 净利润 | $72.9M | $123.3M |
| 毛利率 | — | — |
| 营业利润率 | — | 70.5% |
| 净利率 | 26.4% | 58.3% |
| 营收同比 | — | 13.9% |
| 净利润同比 | — | 4.2% |
| 每股收益（稀释后） | $3.35 | $-8.59 |
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CASHTPL
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $211.6M | ||
| Q3 25 | $186.7M | $203.1M | ||
| Q2 25 | $195.8M | $187.5M | ||
| Q1 25 | $274.8M | $196.0M | ||
| Q4 24 | $182.6M | $185.8M | ||
| Q3 24 | $179.5M | $173.6M | ||
| Q2 24 | $188.6M | $172.3M |
净利润CASHTPL
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $123.3M | ||
| Q3 25 | $38.8M | $121.2M | ||
| Q2 25 | $42.1M | $116.1M | ||
| Q1 25 | $75.0M | $120.7M | ||
| Q4 24 | $30.0M | $118.4M | ||
| Q3 24 | $33.5M | $106.6M | ||
| Q2 24 | $44.9M | $114.6M |
营业利润率CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 70.5% | ||
| Q3 25 | 25.9% | 73.4% | ||
| Q2 25 | 24.1% | 76.6% | ||
| Q1 25 | 33.2% | 76.6% | ||
| Q4 24 | 19.8% | 76.7% | ||
| Q3 24 | 20.9% | 73.4% | ||
| Q2 24 | 27.1% | 77.3% |
净利率CASHTPL
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 58.3% | ||
| Q3 25 | 20.8% | 59.7% | ||
| Q2 25 | 21.5% | 61.9% | ||
| Q1 25 | 27.3% | 61.6% | ||
| Q4 24 | 16.4% | 63.7% | ||
| Q3 24 | 18.7% | 61.4% | ||
| Q2 24 | 23.8% | 66.5% |
每股收益（稀释后）CASHTPL
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $-8.59 | ||
| Q3 25 | $1.69 | $5.27 | ||
| Q2 25 | $1.81 | $5.05 | ||
| Q1 25 | $3.14 | $5.24 | ||
| Q4 24 | $1.23 | $5.14 | ||
| Q3 24 | $1.34 | $4.63 | ||
| Q2 24 | $1.78 | $4.98 |
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 | $144.8M |
| 总债务越低越好 | $59.5M | — |
| 股东权益账面价值 | $850.7M | $1.5B |
| 总资产 | $7.1B | $1.6B |
| 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CASHTPL
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $144.8M | ||
| Q3 25 | $120.6M | $531.8M | ||
| Q2 25 | $258.3M | $543.9M | ||
| Q1 25 | $254.2M | $460.4M | ||
| Q4 24 | $597.4M | $369.8M | ||
| Q3 24 | $158.3M | $533.9M | ||
| Q2 24 | $298.9M | $894.7M |
总债务CASHTPL
| 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CASHTPL
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $1.5B | ||
| Q3 25 | $858.0M | $1.4B | ||
| Q2 25 | $819.0M | $1.3B | ||
| Q1 25 | $814.7M | $1.2B | ||
| Q4 24 | $758.3M | $1.1B | ||
| Q3 24 | $822.5M | $1.1B | ||
| Q2 24 | $748.4M | $1.2B |
总资产CASHTPL
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $1.6B | ||
| Q3 25 | $7.2B | $1.5B | ||
| Q2 25 | $7.2B | $1.4B | ||
| Q1 25 | $7.0B | $1.4B | ||
| Q4 24 | $7.6B | $1.2B | ||
| Q3 24 | $7.5B | $1.2B | ||
| Q2 24 | $7.5B | $1.3B |
负债/权益比CASHTPL
| 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 | — | $113.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.92× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $113.7M | ||
| Q3 25 | $303.7M | $154.6M | ||
| Q2 25 | $30.4M | $120.9M | ||
| Q1 25 | $188.3M | $156.7M | ||
| Q4 24 | $-71.7M | $126.6M | ||
| Q3 24 | $143.1M | $118.6M | ||
| Q2 24 | $113.2M | $98.3M |
自由现金流CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | — | ||
| Q3 25 | $300.3M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $184.7M | — | ||
| Q4 24 | $-73.8M | — | ||
| Q3 24 | $138.8M | — | ||
| Q2 24 | $111.0M | — |
自由现金流率CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | — | ||
| Q3 25 | 160.9% | — | ||
| Q2 25 | 14.1% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | -40.4% | — | ||
| Q3 24 | 77.3% | — | ||
| Q2 24 | 58.8% | — |
资本支出强度CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.2% | — |
现金转化率CASHTPL
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 0.92× | ||
| Q3 25 | 7.83× | 1.28× | ||
| Q2 25 | 0.72× | 1.04× | ||
| Q1 25 | 2.51× | 1.30× | ||
| Q4 24 | -2.39× | 1.07× | ||
| Q3 24 | 4.27× | 1.11× | ||
| Q2 24 | 2.52× | 0.86× |
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% |
TPL
| Water Serviceand Operations Segment | $98.2M | 46% |
| Water Sales And Royalties | $60.7M | 29% |
| Produced Water Royalties | $33.5M | 16% |
| Easementand Sundry | $20.6M | 10% |
