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CSW INDUSTRIALS, INC.（CSW）与EZCORP INC（EZPW）财务数据对比。点击上方公司名可切换其他公司
EZCORP INC的季度营收约是CSW INDUSTRIALS, INC.的1.6倍（$382.0M vs $233.0M），EZCORP INC净利率更高（11.6% vs 4.4%，领先7.2%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 19.3%），EZCORP INC自由现金流更多（$31.7M vs $22.7M），过去两年EZCORP INC的营收复合增速更高（15.6% vs 5.1%）
EZCORP是总部位于美国得克萨斯州奥斯汀的典当行运营商，业务覆盖美国及拉丁美洲地区，是美国第二大典当行运营商，仅次于Cash America International，目前在纳斯达克挂牌上市。
CSW vs EZPW — 直观对比
营收规模更大
EZPW
是对方的1.6倍
$233.0M
营收增速更快
CSW
高出1.0%
19.3%
净利率更高
EZPW
高出7.2%
4.4%
自由现金流更多
EZPW
多$9.0M
$22.7M
两年增速更快
EZPW
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $382.0M |
| 净利润 | $10.3M | $44.3M |
| 毛利率 | 39.7% | 58.4% |
| 营业利润率 | 7.4% | 15.9% |
| 净利率 | 4.4% | 11.6% |
| 营收同比 | 20.3% | 19.3% |
| 净利润同比 | -61.9% | 42.8% |
| 每股收益（稀释后） | $0.62 | $0.55 |
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CSWEZPW
| Q4 25 | $233.0M | $382.0M | ||
| Q3 25 | $277.0M | $336.8M | ||
| Q2 25 | $263.6M | $311.0M | ||
| Q1 25 | $230.5M | $306.3M | ||
| Q4 24 | $193.6M | $320.2M | ||
| Q3 24 | $227.9M | $294.6M | ||
| Q2 24 | $226.2M | $281.4M | ||
| Q1 24 | $210.9M | $285.6M |
净利润CSWEZPW
| Q4 25 | $10.3M | $44.3M | ||
| Q3 25 | $40.7M | $26.7M | ||
| Q2 25 | $40.9M | $26.5M | ||
| Q1 25 | $35.1M | $25.4M | ||
| Q4 24 | $26.9M | $31.0M | ||
| Q3 24 | $36.1M | $15.2M | ||
| Q2 24 | $38.6M | $17.9M | ||
| Q1 24 | $31.8M | $21.5M |
毛利率CSWEZPW
| Q4 25 | 39.7% | 58.4% | ||
| Q3 25 | 43.0% | 59.0% | ||
| Q2 25 | 43.8% | 59.1% | ||
| Q1 25 | 44.2% | 58.3% | ||
| Q4 24 | 41.4% | 57.9% | ||
| Q3 24 | 45.6% | 59.5% | ||
| Q2 24 | 47.5% | 59.2% | ||
| Q1 24 | 44.4% | 58.7% |
营业利润率CSWEZPW
| Q4 25 | 7.4% | 15.9% | ||
| Q3 25 | 20.5% | 11.0% | ||
| Q2 25 | 20.8% | 11.6% | ||
| Q1 25 | 19.5% | 11.2% | ||
| Q4 24 | 15.3% | 13.1% | ||
| Q3 24 | 22.6% | 8.8% | ||
| Q2 24 | 24.3% | 7.9% | ||
| Q1 24 | 21.0% | 9.6% |
净利率CSWEZPW
| Q4 25 | 4.4% | 11.6% | ||
| Q3 25 | 14.7% | 7.9% | ||
| Q2 25 | 15.5% | 8.5% | ||
| Q1 25 | 15.2% | 8.3% | ||
| Q4 24 | 13.9% | 9.7% | ||
| Q3 24 | 15.8% | 5.2% | ||
| Q2 24 | 17.1% | 6.4% | ||
| Q1 24 | 15.1% | 7.5% |
每股收益（稀释后）CSWEZPW
| Q4 25 | $0.62 | $0.55 | ||
| Q3 25 | $2.41 | $0.35 | ||
| Q2 25 | $2.43 | $0.34 | ||
| Q1 25 | $2.05 | $0.33 | ||
| Q4 24 | $1.60 | $0.40 | ||
| Q3 24 | $2.26 | $0.20 | ||
| Q2 24 | $2.47 | $0.25 | ||
| Q1 24 | $2.03 | $0.29 |
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 | $40.2M | $465.9M |
| 总债务越低越好 | — | $518.6M |
| 股东权益账面价值 | $1.1B | $1.1B |
| 总资产 | $2.3B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资CSWEZPW
| Q4 25 | $40.2M | $465.9M | ||
| Q3 25 | $31.5M | $469.5M | ||
| Q2 25 | $38.0M | $472.1M | ||
| Q1 25 | $225.8M | $505.2M | ||
| Q4 24 | $213.8M | $174.5M | ||
| Q3 24 | $273.2M | $170.5M | ||
| Q2 24 | $18.9M | $218.0M | ||
| Q1 24 | $22.2M | $229.1M |
总债务CSWEZPW
| Q4 25 | — | $518.6M | ||
| Q3 25 | — | $518.1M | ||
| Q2 25 | — | $517.6M | ||
| Q1 25 | $800.1M | $620.5M | ||
| Q4 24 | — | $327.7M | ||
| Q3 24 | — | $327.3M | ||
| Q2 24 | — | $361.3M | ||
| Q1 24 | $166.0M | $360.9M |
股东权益CSWEZPW
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $1.1B | $1.0B | ||
| Q2 25 | $1.1B | $990.1M | ||
| Q1 25 | $1.1B | $851.6M | ||
| Q4 24 | $1.0B | $823.9M | ||
| Q3 24 | $1.0B | $804.6M | ||
| Q2 24 | $650.2M | $801.5M | ||
| Q1 24 | $615.7M | $800.4M |
总资产CSWEZPW
| Q4 25 | $2.3B | $2.0B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $1.0B | $1.5B |
负债/权益比CSWEZPW
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | 0.75× | 0.73× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | 0.27× | 0.45× |
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 | $28.9M | $39.1M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $31.7M |
| 自由现金流率自由现金流/营收 | 9.8% | 8.3% |
| 资本支出强度资本支出/营收 | 2.6% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.81× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $121.7M |
8季度趋势，按日历期对齐
经营现金流CSWEZPW
| Q4 25 | $28.9M | $39.1M | ||
| Q3 25 | $61.8M | $51.3M | ||
| Q2 25 | $60.6M | $34.8M | ||
| Q1 25 | $27.3M | $36.9M | ||
| Q4 24 | $11.6M | $26.0M | ||
| Q3 24 | $66.8M | $43.3M | ||
| Q2 24 | $62.7M | $33.7M | ||
| Q1 24 | $22.4M | $15.1M |
自由现金流CSWEZPW
| Q4 25 | $22.7M | $31.7M | ||
| Q3 25 | $58.7M | $35.7M | ||
| Q2 25 | $57.7M | $25.7M | ||
| Q1 25 | $22.8M | $28.6M | ||
| Q4 24 | $8.5M | $20.4M | ||
| Q3 24 | $61.3M | $24.4M | ||
| Q2 24 | $59.6M | $30.5M | ||
| Q1 24 | $17.5M | $8.6M |
自由现金流率CSWEZPW
| Q4 25 | 9.8% | 8.3% | ||
| Q3 25 | 21.2% | 10.6% | ||
| Q2 25 | 21.9% | 8.3% | ||
| Q1 25 | 9.9% | 9.3% | ||
| Q4 24 | 4.4% | 6.4% | ||
| Q3 24 | 26.9% | 8.3% | ||
| Q2 24 | 26.3% | 10.8% | ||
| Q1 24 | 8.3% | 3.0% |
资本支出强度CSWEZPW
| Q4 25 | 2.6% | 2.0% | ||
| Q3 25 | 1.1% | 4.6% | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 2.0% | 2.7% | ||
| Q4 24 | 1.6% | 1.8% | ||
| Q3 24 | 2.4% | 6.4% | ||
| Q2 24 | 1.4% | 1.1% | ||
| Q1 24 | 2.3% | 2.3% |
现金转化率CSWEZPW
| Q4 25 | 2.81× | 0.88× | ||
| Q3 25 | 1.52× | 1.92× | ||
| Q2 25 | 1.48× | 1.31× | ||
| Q1 25 | 0.78× | 1.45× | ||
| Q4 24 | 0.43× | 0.84× | ||
| Q3 24 | 1.85× | 2.85× | ||
| Q2 24 | 1.62× | 1.88× | ||
| Q1 24 | 0.71× | 0.70× |
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
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
EZPW
| Merchandise | $210.1M | 55% |
| Pawn Service | $131.9M | 35% |
| Jewelry Scrap | $39.9M | 10% |
