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PATHWARD FINANCIAL, INC.（CASH）与Westrock Coffee Co（WEST）财务数据对比。点击上方公司名可切换其他公司
Westrock Coffee Co的季度营收约是PATHWARD FINANCIAL, INC.的2.0倍（$339.5M vs $173.1M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs -6.6%，领先27.0%），Westrock Coffee Co同比增速更快（48.3% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $27.8M），过去两年Westrock Coffee Co的营收复合增速更高（32.8% 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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
CASH vs WEST — 直观对比
营收规模更大
WEST
是对方的2.0倍
$173.1M
营收增速更快
WEST
高出48.5%
-0.2%
净利率更高
CASH
高出27.0%
-6.6%
自由现金流更多
CASH
多$76.3M
$27.8M
两年增速更快
WEST
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $339.5M |
| 净利润 | $35.2M | $-22.6M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 24.6% | -2.6% |
| 净利率 | 20.3% | -6.6% |
| 营收同比 | -0.2% | 48.3% |
| 净利润同比 | 11.9% | 8.3% |
| 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CASHWEST
| Q4 25 | $173.1M | $339.5M | ||
| Q3 25 | $186.7M | $354.8M | ||
| Q2 25 | $195.8M | $280.9M | ||
| Q1 25 | $274.8M | $213.8M | ||
| Q4 24 | $182.6M | $229.0M | ||
| Q3 24 | $179.5M | $220.9M | ||
| Q2 24 | $188.6M | $208.4M | ||
| Q1 24 | $257.6M | $192.5M |
净利润CASHWEST
| Q4 25 | $35.2M | $-22.6M | ||
| Q3 25 | $38.8M | $-19.1M | ||
| Q2 25 | $42.1M | $-21.6M | ||
| Q1 25 | $75.0M | $-27.2M | ||
| Q4 24 | $30.0M | $-24.6M | ||
| Q3 24 | $33.5M | $-14.3M | ||
| Q2 24 | $44.9M | $-17.8M | ||
| Q1 24 | $69.9M | $-23.7M |
毛利率CASHWEST
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 19.9% | ||
| Q1 24 | — | 19.4% |
营业利润率CASHWEST
| Q4 25 | 24.6% | -2.6% | ||
| Q3 25 | 25.9% | -2.4% | ||
| Q2 25 | 24.1% | -5.3% | ||
| Q1 25 | 33.2% | -6.1% | ||
| Q4 24 | 19.8% | -4.3% | ||
| Q3 24 | 20.9% | -5.8% | ||
| Q2 24 | 27.1% | -7.9% | ||
| Q1 24 | 33.8% | -5.3% |
净利率CASHWEST
| Q4 25 | 20.3% | -6.6% | ||
| Q3 25 | 20.8% | -5.4% | ||
| Q2 25 | 21.5% | -7.7% | ||
| Q1 25 | 27.3% | -12.7% | ||
| Q4 24 | 16.4% | -10.7% | ||
| Q3 24 | 18.7% | -6.5% | ||
| Q2 24 | 23.8% | -8.5% | ||
| Q1 24 | 27.1% | -12.3% |
每股收益（稀释后）CASHWEST
| Q4 25 | $1.57 | $-0.22 | ||
| Q3 25 | $1.69 | $-0.20 | ||
| Q2 25 | $1.81 | $-0.23 | ||
| Q1 25 | $3.14 | $-0.29 | ||
| Q4 24 | $1.23 | $-0.26 | ||
| Q3 24 | $1.34 | $-0.16 | ||
| Q2 24 | $1.78 | $-0.20 | ||
| Q1 24 | $2.74 | $-0.27 |
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 | $49.9M |
| 总债务越低越好 | $33.5M | $444.1M |
| 股东权益账面价值 | $854.5M | $-1.9M |
| 总资产 | $7.6B | $1.2B |
| 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CASHWEST
| Q4 25 | $331.2M | $49.9M | ||
| Q3 25 | $120.6M | $34.0M | ||
| Q2 25 | $258.3M | $44.0M | ||
| Q1 25 | $254.2M | $33.1M | ||
| Q4 24 | $597.4M | $26.2M | ||
| Q3 24 | $158.3M | $22.4M | ||
| Q2 24 | $298.9M | $24.3M | ||
| Q1 24 | $347.9M | $12.6M |
总债务CASHWEST
| Q4 25 | $33.5M | $444.1M | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | $393.1M | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — | ||
| Q1 24 | $33.4M | — |
股东权益CASHWEST
| Q4 25 | $854.5M | $-1.9M | ||
| Q3 25 | $858.0M | $11.4M | ||
| Q2 25 | $819.0M | $18.2M | ||
| Q1 25 | $814.7M | $71.4M | ||
| Q4 24 | $758.3M | $97.5M | ||
| Q3 24 | $822.5M | $110.3M | ||
| Q2 24 | $748.4M | $81.5M | ||
| Q1 24 | $719.5M | $91.7M |
总资产CASHWEST
| Q4 25 | $7.6B | $1.2B | ||
| Q3 25 | $7.2B | $1.2B | ||
| Q2 25 | $7.2B | $1.2B | ||
| Q1 25 | $7.0B | $1.1B | ||
| Q4 24 | $7.6B | $1.1B | ||
| Q3 24 | $7.5B | $1.1B | ||
| Q2 24 | $7.5B | $1.1B | ||
| Q1 24 | $7.4B | $983.3M |
负债/权益比CASHWEST
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | 4.03× | ||
| 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 | $36.7M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $27.8M |
| 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% | 2.6% |
| 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 | $-107.8M |
8季度趋势，按日历期对齐
经营现金流CASHWEST
| Q4 25 | $108.3M | $36.7M | ||
| Q3 25 | $303.7M | $-26.6M | ||
| Q2 25 | $30.4M | $-7.0M | ||
| Q1 25 | $188.3M | $-22.1M | ||
| Q4 24 | $-71.7M | $2.8M | ||
| Q3 24 | $143.1M | $-332.0K | ||
| Q2 24 | $113.2M | $-23.7M | ||
| Q1 24 | $203.0M | $8.0M |
自由现金流CASHWEST
| Q4 25 | $104.1M | $27.8M | ||
| Q3 25 | $300.3M | $-44.7M | ||
| Q2 25 | $27.7M | $-27.5M | ||
| Q1 25 | $184.7M | $-63.4M | ||
| Q4 24 | $-73.8M | $-15.4M | ||
| Q3 24 | $138.8M | $-36.7M | ||
| Q2 24 | $111.0M | $-59.9M | ||
| Q1 24 | $201.3M | $-60.9M |
自由现金流率CASHWEST
| Q4 25 | 60.1% | 8.2% | ||
| Q3 25 | 160.9% | -12.6% | ||
| Q2 25 | 14.1% | -9.8% | ||
| Q1 25 | 67.2% | -29.7% | ||
| Q4 24 | -40.4% | -6.7% | ||
| Q3 24 | 77.3% | -16.6% | ||
| Q2 24 | 58.8% | -28.7% | ||
| Q1 24 | 78.1% | -31.7% |
资本支出强度CASHWEST
| Q4 25 | 2.4% | 2.6% | ||
| Q3 25 | 1.8% | 5.1% | ||
| Q2 25 | 1.4% | 7.3% | ||
| Q1 25 | 1.3% | 19.3% | ||
| Q4 24 | 1.1% | 7.9% | ||
| Q3 24 | 2.4% | 16.5% | ||
| Q2 24 | 1.2% | 17.4% | ||
| Q1 24 | 0.7% | 35.8% |
现金转化率CASHWEST
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.90× | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
