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FirstCash Holdings, Inc.（FCFS）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是FirstCash Holdings, Inc.的1.7倍（$871.0M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs 10.5%，领先10.2%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 16.2%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 11.1%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
FCFS vs IESC — 直观对比
营收规模更大
IESC
是对方的1.7倍
$501.3M
营收增速更快
FCFS
高出5.0%
16.2%
净利率更高
FCFS
高出10.2%
10.5%
两年增速更快
FCFS
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $871.0M |
| 净利润 | $104.2M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | 28.5% | 11.2% |
| 净利率 | 20.8% | 10.5% |
| 营收同比 | 21.2% | 16.2% |
| 净利润同比 | 24.7% | 59.1% |
| 每股收益（稀释后） | $2.35 | $4.51 |
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FCFSIESC
| Q4 25 | $501.3M | $871.0M | ||
| Q3 25 | $411.0M | $897.8M | ||
| Q2 25 | $385.1M | $890.2M | ||
| Q1 25 | $371.1M | $834.0M | ||
| Q4 24 | $413.7M | $749.5M | ||
| Q3 24 | $363.1M | $775.8M | ||
| Q2 24 | $363.5M | $768.4M | ||
| Q1 24 | $366.8M | $705.7M |
净利润FCFSIESC
| Q4 25 | $104.2M | $91.8M | ||
| Q3 25 | $82.8M | $102.3M | ||
| Q2 25 | $59.8M | $79.3M | ||
| Q1 25 | $83.6M | $72.6M | ||
| Q4 24 | $83.5M | $57.7M | ||
| Q3 24 | $64.8M | $65.5M | ||
| Q2 24 | $49.1M | $66.6M | ||
| Q1 24 | $61.4M | $56.8M |
毛利率FCFSIESC
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 24.3% |
营业利润率FCFSIESC
| Q4 25 | 28.5% | 11.2% | ||
| Q3 25 | 27.4% | 11.6% | ||
| Q2 25 | 21.1% | 12.6% | ||
| Q1 25 | 30.0% | 11.1% | ||
| Q4 24 | 26.5% | 10.0% | ||
| Q3 24 | 23.5% | 9.7% | ||
| Q2 24 | 18.2% | 11.7% | ||
| Q1 24 | 22.3% | 11.0% |
净利率FCFSIESC
| Q4 25 | 20.8% | 10.5% | ||
| Q3 25 | 20.1% | 11.4% | ||
| Q2 25 | 15.5% | 8.9% | ||
| Q1 25 | 22.5% | 8.7% | ||
| Q4 24 | 20.2% | 7.7% | ||
| Q3 24 | 17.9% | 8.4% | ||
| Q2 24 | 13.5% | 8.7% | ||
| Q1 24 | 16.7% | 8.0% |
每股收益（稀释后）FCFSIESC
| Q4 25 | $2.35 | $4.51 | ||
| Q3 25 | $1.86 | $4.99 | ||
| Q2 25 | $1.34 | $3.81 | ||
| Q1 25 | $1.87 | $3.50 | ||
| Q4 24 | $1.86 | $2.72 | ||
| Q3 24 | $1.44 | $3.06 | ||
| Q2 24 | $1.08 | $2.67 | ||
| Q1 24 | $1.35 | $2.29 |
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 | $125.2M | $258.7M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $961.1M |
| 总资产 | $5.3B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资FCFSIESC
| Q4 25 | $125.2M | $258.7M | ||
| Q3 25 | $130.2M | $231.8M | ||
| Q2 25 | $101.5M | $168.3M | ||
| Q1 25 | $146.0M | $88.3M | ||
| Q4 24 | $175.1M | $112.0M | ||
| Q3 24 | $106.3M | $135.8M | ||
| Q2 24 | $113.7M | $44.9M | ||
| Q1 24 | $135.1M | $106.0M |
总债务FCFSIESC
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
股东权益FCFSIESC
| Q4 25 | $2.3B | $961.1M | ||
| Q3 25 | $2.2B | $884.0M | ||
| Q2 25 | $2.1B | $781.4M | ||
| Q1 25 | $2.1B | $705.8M | ||
| Q4 24 | $2.1B | $652.4M | ||
| Q3 24 | $2.0B | $611.1M | ||
| Q2 24 | $2.0B | $567.5M | ||
| Q1 24 | $2.0B | $534.8M |
总资产FCFSIESC
| Q4 25 | $5.3B | $1.7B | ||
| Q3 25 | $5.2B | $1.6B | ||
| Q2 25 | $4.5B | $1.5B | ||
| Q1 25 | $4.4B | $1.4B | ||
| Q4 24 | $4.5B | $1.3B | ||
| Q3 24 | $4.4B | $1.2B | ||
| Q2 24 | $4.3B | $1.2B | ||
| Q1 24 | $4.2B | $1.1B |
负债/权益比FCFSIESC
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 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 | $206.6M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 自由现金流率自由现金流/营收 | — | -2.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 1.98× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流FCFSIESC
| Q4 25 | $206.6M | $27.7M | ||
| Q3 25 | $135.8M | $132.0M | ||
| Q2 25 | $116.9M | $92.0M | ||
| Q1 25 | $126.6M | $24.8M | ||
| Q4 24 | $198.1M | $37.3M | ||
| Q3 24 | $113.1M | $92.8M | ||
| Q2 24 | $106.2M | $82.9M | ||
| Q1 24 | $122.5M | $33.7M |
自由现金流FCFSIESC
| Q4 25 | — | $-18.9M | ||
| Q3 25 | — | $112.0M | ||
| Q2 25 | — | $74.8M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | — | $24.1M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $65.4M | ||
| Q1 24 | — | $26.9M |
自由现金流率FCFSIESC
| Q4 25 | — | -2.2% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 3.8% |
资本支出强度FCFSIESC
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.0% |
现金转化率FCFSIESC
| Q4 25 | 1.98× | 0.30× | ||
| Q3 25 | 1.64× | 1.29× | ||
| Q2 25 | 1.95× | 1.16× | ||
| Q1 25 | 1.51× | 0.34× | ||
| Q4 24 | 2.37× | 0.65× | ||
| Q3 24 | 1.74× | 1.42× | ||
| Q2 24 | 2.16× | 1.24× | ||
| Q1 24 | 2.00× | 0.59× |
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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
