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FIRST ADVANTAGE CORP（FA）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FIRST ADVANTAGE CORP的1.2倍（$501.3M vs $420.0M），FirstCash Holdings, Inc.净利率更高（20.8% vs 0.8%，领先20.0%），FIRST ADVANTAGE CORP同比增速更快（36.8% vs 21.2%），过去两年FIRST ADVANTAGE CORP的营收复合增速更高（57.5% vs 16.9%）
First Advantage是全球领先的劳动力筛查与背景验证服务提供商，服务覆盖科技、医疗、金融、零售、制造等多个行业的各规模客户，助力企业管控雇佣风险、满足合规要求，打造安全可信的工作环境。
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。
FA vs FCFS — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$420.0M
营收增速更快
FA
高出15.6%
21.2%
净利率更高
FCFS
高出20.0%
0.8%
两年增速更快
FA
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $501.3M |
| 净利润 | $3.5M | $104.2M |
| 毛利率 | — | — |
| 营业利润率 | 10.7% | 28.5% |
| 净利率 | 0.8% | 20.8% |
| 营收同比 | 36.8% | 21.2% |
| 净利润同比 | 103.5% | 24.7% |
| 每股收益（稀释后） | $0.03 | $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FAFCFS
| Q4 25 | $420.0M | $501.3M | ||
| Q3 25 | $409.2M | $411.0M | ||
| Q2 25 | $390.6M | $385.1M | ||
| Q1 25 | $354.6M | $371.1M | ||
| Q4 24 | $307.1M | $413.7M | ||
| Q3 24 | $199.1M | $363.1M | ||
| Q2 24 | $184.5M | $363.5M | ||
| Q1 24 | $169.4M | $366.8M |
净利润FAFCFS
| Q4 25 | $3.5M | $104.2M | ||
| Q3 25 | $2.6M | $82.8M | ||
| Q2 25 | $308.0K | $59.8M | ||
| Q1 25 | $-41.2M | $83.6M | ||
| Q4 24 | $-100.4M | $83.5M | ||
| Q3 24 | $-8.9M | $64.8M | ||
| Q2 24 | $1.9M | $49.1M | ||
| Q1 24 | $-2.9M | $61.4M |
营业利润率FAFCFS
| Q4 25 | 10.7% | 28.5% | ||
| Q3 25 | 10.3% | 27.4% | ||
| Q2 25 | 9.7% | 21.1% | ||
| Q1 25 | 2.1% | 30.0% | ||
| Q4 24 | -26.3% | 26.5% | ||
| Q3 24 | 4.6% | 23.5% | ||
| Q2 24 | 5.4% | 18.2% | ||
| Q1 24 | -0.4% | 22.3% |
净利率FAFCFS
| Q4 25 | 0.8% | 20.8% | ||
| Q3 25 | 0.6% | 20.1% | ||
| Q2 25 | 0.1% | 15.5% | ||
| Q1 25 | -11.6% | 22.5% | ||
| Q4 24 | -32.7% | 20.2% | ||
| Q3 24 | -4.4% | 17.9% | ||
| Q2 24 | 1.0% | 13.5% | ||
| Q1 24 | -1.7% | 16.7% |
每股收益（稀释后）FAFCFS
| Q4 25 | $0.03 | $2.35 | ||
| Q3 25 | $0.01 | $1.86 | ||
| Q2 25 | $0.00 | $1.34 | ||
| Q1 25 | $-0.24 | $1.87 | ||
| Q4 24 | $-0.67 | $1.86 | ||
| Q3 24 | $-0.06 | $1.44 | ||
| Q2 24 | $0.01 | $1.08 | ||
| Q1 24 | $-0.02 | $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 | $240.0M | $125.2M |
| 总债务越低越好 | $2.1B | $2.2B |
| 股东权益账面价值 | $1.3B | $2.3B |
| 总资产 | $3.8B | $5.3B |
| 负债/权益比越低杠杆越低 | 1.61× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资FAFCFS
| Q4 25 | $240.0M | $125.2M | ||
| Q3 25 | $216.8M | $130.2M | ||
| Q2 25 | $184.3M | $101.5M | ||
| Q1 25 | $172.0M | $146.0M | ||
| Q4 24 | $168.7M | $175.1M | ||
| Q3 24 | $307.4M | $106.3M | ||
| Q2 24 | $269.6M | $113.7M | ||
| Q1 24 | $246.0M | $135.1M |
总债务FAFCFS
| Q4 25 | $2.1B | $2.2B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.2B | $1.7B | ||
| Q4 24 | $2.2B | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.5B |
股东权益FAFCFS
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.3B | $2.1B | ||
| Q3 24 | $920.7M | $2.0B | ||
| Q2 24 | $913.3M | $2.0B | ||
| Q1 24 | $907.7M | $2.0B |
总资产FAFCFS
| Q4 25 | $3.8B | $5.3B | ||
| Q3 25 | $3.9B | $5.2B | ||
| Q2 25 | $3.9B | $4.5B | ||
| Q1 25 | $3.9B | $4.4B | ||
| Q4 24 | $3.9B | $4.5B | ||
| Q3 24 | $1.7B | $4.4B | ||
| Q2 24 | $1.6B | $4.3B | ||
| Q1 24 | $1.6B | $4.2B |
负债/权益比FAFCFS
| Q4 25 | 1.61× | 0.98× | ||
| Q3 25 | 1.64× | 1.01× | ||
| Q2 25 | 1.65× | 0.79× | ||
| Q1 25 | 1.69× | 0.83× | ||
| Q4 24 | 1.66× | 0.85× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 0.85× | ||
| Q1 24 | — | 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 | $65.9M | $206.6M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | — |
| 自由现金流率自由现金流/营收 | 14.8% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 19.01× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $188.5M | — |
8季度趋势，按日历期对齐
经营现金流FAFCFS
| Q4 25 | $65.9M | $206.6M | ||
| Q3 25 | $72.4M | $135.8M | ||
| Q2 25 | $37.3M | $116.9M | ||
| Q1 25 | $19.5M | $126.6M | ||
| Q4 24 | $-85.7M | $198.1M | ||
| Q3 24 | $43.5M | $113.1M | ||
| Q2 24 | $32.0M | $106.2M | ||
| Q1 24 | $38.3M | $122.5M |
自由现金流FAFCFS
| Q4 25 | $62.2M | — | ||
| Q3 25 | $71.2M | — | ||
| Q2 25 | $36.1M | — | ||
| Q1 25 | $19.0M | — | ||
| Q4 24 | $-86.0M | — | ||
| Q3 24 | $43.1M | — | ||
| Q2 24 | $31.4M | — | ||
| Q1 24 | $38.0M | — |
自由现金流率FAFCFS
| Q4 25 | 14.8% | — | ||
| Q3 25 | 17.4% | — | ||
| Q2 25 | 9.2% | — | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | -28.0% | — | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | 17.0% | — | ||
| Q1 24 | 22.4% | — |
资本支出强度FAFCFS
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.2% | — |
现金转化率FAFCFS
| Q4 25 | 19.01× | 1.98× | ||
| Q3 25 | 27.91× | 1.64× | ||
| Q2 25 | 121.25× | 1.95× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | 2.37× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | 17.22× | 2.16× | ||
| Q1 24 | — | 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
FA
| First Advantage Americas | $209.9M | 50% |
| Sterling | $185.9M | 44% |
| First Advantage International | $24.2M | 6% |
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
