vs
EZCORP INC（EZPW）与FirstCash Holdings, Inc.（FCFS）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是EZCORP INC的1.3倍（$501.3M vs $382.0M）。FirstCash Holdings, Inc.净利率更高（20.8% vs 11.6%，领先9.2%）。FirstCash Holdings, Inc.同比增速更快（21.2% vs 19.3%）。过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 15.6%）
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。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
EZPW vs FCFS — 直观对比
营收规模更大
FCFS
是对方的1.3倍
$382.0M
营收增速更快
FCFS
高出1.9%
19.3%
净利率更高
FCFS
高出9.2%
11.6%
两年增速更快
FCFS
近两年复合增速
15.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $382.0M | $501.3M |
| 净利润 | $44.3M | $104.2M |
| 毛利率 | 58.4% | — |
| 营业利润率 | 15.9% | 28.5% |
| 净利率 | 11.6% | 20.8% |
| 营收同比 | 19.3% | 21.2% |
| 净利润同比 | 42.8% | 24.7% |
| 每股收益（稀释后） | $0.55 | $2.35 |
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EZPWFCFS
| Q4 25 | $382.0M | $501.3M | ||
| Q3 25 | $336.8M | $411.0M | ||
| Q2 25 | $311.0M | $385.1M | ||
| Q1 25 | $306.3M | $371.1M | ||
| Q4 24 | $320.2M | $413.7M | ||
| Q3 24 | $294.6M | $363.1M | ||
| Q2 24 | $281.4M | $363.5M | ||
| Q1 24 | $285.6M | $366.8M |
净利润EZPWFCFS
| Q4 25 | $44.3M | $104.2M | ||
| Q3 25 | $26.7M | $82.8M | ||
| Q2 25 | $26.5M | $59.8M | ||
| Q1 25 | $25.4M | $83.6M | ||
| Q4 24 | $31.0M | $83.5M | ||
| Q3 24 | $15.2M | $64.8M | ||
| Q2 24 | $17.9M | $49.1M | ||
| Q1 24 | $21.5M | $61.4M |
毛利率EZPWFCFS
| Q4 25 | 58.4% | — | ||
| Q3 25 | 59.0% | — | ||
| Q2 25 | 59.1% | — | ||
| Q1 25 | 58.3% | — | ||
| Q4 24 | 57.9% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.2% | — | ||
| Q1 24 | 58.7% | — |
营业利润率EZPWFCFS
| Q4 25 | 15.9% | 28.5% | ||
| Q3 25 | 11.0% | 27.4% | ||
| Q2 25 | 11.6% | 21.1% | ||
| Q1 25 | 11.2% | 30.0% | ||
| Q4 24 | 13.1% | 26.5% | ||
| Q3 24 | 8.8% | 23.5% | ||
| Q2 24 | 7.9% | 18.2% | ||
| Q1 24 | 9.6% | 22.3% |
净利率EZPWFCFS
| Q4 25 | 11.6% | 20.8% | ||
| Q3 25 | 7.9% | 20.1% | ||
| Q2 25 | 8.5% | 15.5% | ||
| Q1 25 | 8.3% | 22.5% | ||
| Q4 24 | 9.7% | 20.2% | ||
| Q3 24 | 5.2% | 17.9% | ||
| Q2 24 | 6.4% | 13.5% | ||
| Q1 24 | 7.5% | 16.7% |
每股收益（稀释后）EZPWFCFS
| Q4 25 | $0.55 | $2.35 | ||
| Q3 25 | $0.35 | $1.86 | ||
| Q2 25 | $0.34 | $1.34 | ||
| Q1 25 | $0.33 | $1.87 | ||
| Q4 24 | $0.40 | $1.86 | ||
| Q3 24 | $0.20 | $1.44 | ||
| Q2 24 | $0.25 | $1.08 | ||
| Q1 24 | $0.29 | $1.35 |
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 | $465.9M | $125.2M |
| 总债务越低越好 | $518.6M | $2.2B |
| 股东权益账面价值 | $1.1B | $2.3B |
| 总资产 | $2.0B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资EZPWFCFS
| Q4 25 | $465.9M | $125.2M | ||
| Q3 25 | $469.5M | $130.2M | ||
| Q2 25 | $472.1M | $101.5M | ||
| Q1 25 | $505.2M | $146.0M | ||
| Q4 24 | $174.5M | $175.1M | ||
| Q3 24 | $170.5M | $106.3M | ||
| Q2 24 | $218.0M | $113.7M | ||
| Q1 24 | $229.1M | $135.1M |
总债务EZPWFCFS
| Q4 25 | $518.6M | $2.2B | ||
| Q3 25 | $518.1M | $2.2B | ||
| Q2 25 | $517.6M | $1.7B | ||
| Q1 25 | $620.5M | $1.7B | ||
| Q4 24 | $327.7M | $1.7B | ||
| Q3 24 | $327.3M | $1.7B | ||
| Q2 24 | $361.3M | $1.7B | ||
| Q1 24 | $360.9M | $1.5B |
股东权益EZPWFCFS
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $990.1M | $2.1B | ||
| Q1 25 | $851.6M | $2.1B | ||
| Q4 24 | $823.9M | $2.1B | ||
| Q3 24 | $804.6M | $2.0B | ||
| Q2 24 | $801.5M | $2.0B | ||
| Q1 24 | $800.4M | $2.0B |
总资产EZPWFCFS
| Q4 25 | $2.0B | $5.3B | ||
| Q3 25 | $2.0B | $5.2B | ||
| Q2 25 | $1.9B | $4.5B | ||
| Q1 25 | $1.8B | $4.4B | ||
| Q4 24 | $1.5B | $4.5B | ||
| Q3 24 | $1.5B | $4.4B | ||
| Q2 24 | $1.5B | $4.3B | ||
| Q1 24 | $1.5B | $4.2B |
负债/权益比EZPWFCFS
| Q4 25 | 0.48× | 0.98× | ||
| Q3 25 | 0.51× | 1.01× | ||
| Q2 25 | 0.52× | 0.79× | ||
| Q1 25 | 0.73× | 0.83× | ||
| Q4 24 | 0.40× | 0.85× | ||
| Q3 24 | 0.41× | 0.87× | ||
| Q2 24 | 0.45× | 0.85× | ||
| Q1 24 | 0.45× | 0.75× |
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 | $39.1M | $206.6M |
| 自由现金流经营现金流 - 资本支出 | $31.7M | — |
| 自由现金流率自由现金流/营收 | 8.3% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 0.88× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $121.7M | — |
8季度趋势，按日历期对齐
经营现金流EZPWFCFS
| Q4 25 | $39.1M | $206.6M | ||
| Q3 25 | $51.3M | $135.8M | ||
| Q2 25 | $34.8M | $116.9M | ||
| Q1 25 | $36.9M | $126.6M | ||
| Q4 24 | $26.0M | $198.1M | ||
| Q3 24 | $43.3M | $113.1M | ||
| Q2 24 | $33.7M | $106.2M | ||
| Q1 24 | $15.1M | $122.5M |
自由现金流EZPWFCFS
| Q4 25 | $31.7M | — | ||
| Q3 25 | $35.7M | — | ||
| Q2 25 | $25.7M | — | ||
| Q1 25 | $28.6M | — | ||
| Q4 24 | $20.4M | — | ||
| Q3 24 | $24.4M | — | ||
| Q2 24 | $30.5M | — | ||
| Q1 24 | $8.6M | — |
自由现金流率EZPWFCFS
| Q4 25 | 8.3% | — | ||
| Q3 25 | 10.6% | — | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 8.3% | — | ||
| Q2 24 | 10.8% | — | ||
| Q1 24 | 3.0% | — |
资本支出强度EZPWFCFS
| Q4 25 | 2.0% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 6.4% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 2.3% | — |
现金转化率EZPWFCFS
| Q4 25 | 0.88× | 1.98× | ||
| Q3 25 | 1.92× | 1.64× | ||
| Q2 25 | 1.31× | 1.95× | ||
| Q1 25 | 1.45× | 1.51× | ||
| Q4 24 | 0.84× | 2.37× | ||
| Q3 24 | 2.85× | 1.74× | ||
| Q2 24 | 1.88× | 2.16× | ||
| Q1 24 | 0.70× | 2.00× |
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
EZPW
| Merchandise | $210.1M | 55% |
| Pawn Service | $131.9M | 35% |
| Jewelry Scrap | $39.9M | 10% |
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
