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FirstCash Holdings, Inc.（FCFS）与Kodiak Gas Services, Inc.（KGS）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Kodiak Gas Services, Inc.的1.5倍（$501.3M vs $332.9M），FirstCash Holdings, Inc.净利率更高（20.8% vs 7.4%，领先13.4%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 7.5%），过去两年Kodiak Gas Services, Inc.的营收复合增速更高（24.3% vs 16.9%）
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。
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
FCFS vs KGS — 直观对比
营收规模更大
FCFS
是对方的1.5倍
$332.9M
营收增速更快
FCFS
高出13.6%
7.5%
净利率更高
FCFS
高出13.4%
7.4%
两年增速更快
KGS
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $332.9M |
| 净利润 | $104.2M | $24.6M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 26.1% |
| 净利率 | 20.8% | 7.4% |
| 营收同比 | 21.2% | 7.5% |
| 净利润同比 | 24.7% | 29.0% |
| 每股收益（稀释后） | $2.35 | $0.30 |
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FCFSKGS
| Q4 25 | $501.3M | $332.9M | ||
| Q3 25 | $411.0M | $322.7M | ||
| Q2 25 | $385.1M | $322.8M | ||
| Q1 25 | $371.1M | $329.6M | ||
| Q4 24 | $413.7M | $309.5M | ||
| Q3 24 | $363.1M | $324.6M | ||
| Q2 24 | $363.5M | $309.7M | ||
| Q1 24 | $366.8M | $215.5M |
净利润FCFSKGS
| Q4 25 | $104.2M | $24.6M | ||
| Q3 25 | $82.8M | $-14.0M | ||
| Q2 25 | $59.8M | $39.5M | ||
| Q1 25 | $83.6M | $30.4M | ||
| Q4 24 | $83.5M | $19.1M | ||
| Q3 24 | $64.8M | $-5.6M | ||
| Q2 24 | $49.1M | $6.2M | ||
| Q1 24 | $61.4M | $30.2M |
毛利率FCFSKGS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 37.5% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 39.4% |
营业利润率FCFSKGS
| Q4 25 | 28.5% | 26.1% | ||
| Q3 25 | 27.4% | 19.9% | ||
| Q2 25 | 21.1% | 30.9% | ||
| Q1 25 | 30.0% | 27.1% | ||
| Q4 24 | 26.5% | 22.3% | ||
| Q3 24 | 23.5% | 20.4% | ||
| Q2 24 | 18.2% | 17.5% | ||
| Q1 24 | 22.3% | 27.9% |
净利率FCFSKGS
| Q4 25 | 20.8% | 7.4% | ||
| Q3 25 | 20.1% | -4.3% | ||
| Q2 25 | 15.5% | 12.2% | ||
| Q1 25 | 22.5% | 9.2% | ||
| Q4 24 | 20.2% | 6.2% | ||
| Q3 24 | 17.9% | -1.7% | ||
| Q2 24 | 13.5% | 2.0% | ||
| Q1 24 | 16.7% | 14.0% |
每股收益（稀释后）FCFSKGS
| Q4 25 | $2.35 | $0.30 | ||
| Q3 25 | $1.86 | $-0.17 | ||
| Q2 25 | $1.34 | $0.43 | ||
| Q1 25 | $1.87 | $0.33 | ||
| Q4 24 | $1.86 | $0.18 | ||
| Q3 24 | $1.44 | $-0.07 | ||
| Q2 24 | $1.08 | $0.06 | ||
| Q1 24 | $1.35 | $0.39 |
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 | $3.2M |
| 总债务越低越好 | $2.2B | $2.6B |
| 股东权益账面价值 | $2.3B | $1.2B |
| 总资产 | $5.3B | $4.3B |
| 负债/权益比越低杠杆越低 | 0.98× | 2.12× |
8季度趋势，按日历期对齐
现金及短期投资FCFSKGS
| Q4 25 | $125.2M | $3.2M | ||
| Q3 25 | $130.2M | $724.0K | ||
| Q2 25 | $101.5M | $5.4M | ||
| Q1 25 | $146.0M | $1.9M | ||
| Q4 24 | $175.1M | $4.8M | ||
| Q3 24 | $106.3M | $7.4M | ||
| Q2 24 | $113.7M | $3.9M | ||
| Q1 24 | $135.1M | $9.3M |
总债务FCFSKGS
| Q4 25 | $2.2B | $2.6B | ||
| Q3 25 | $2.2B | $2.6B | ||
| Q2 25 | $1.7B | $2.5B | ||
| Q1 25 | $1.7B | $2.6B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.7B | $2.6B | ||
| Q2 24 | $1.7B | $2.5B | ||
| Q1 24 | $1.5B | — |
股东权益FCFSKGS
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.0B | $1.5B | ||
| Q1 24 | $2.0B | $1.1B |
总资产FCFSKGS
| Q4 25 | $5.3B | $4.3B | ||
| Q3 25 | $5.2B | $4.4B | ||
| Q2 25 | $4.5B | $4.4B | ||
| Q1 25 | $4.4B | $4.4B | ||
| Q4 24 | $4.5B | $4.4B | ||
| Q3 24 | $4.4B | $4.5B | ||
| Q2 24 | $4.3B | $4.4B | ||
| Q1 24 | $4.2B | $3.3B |
负债/权益比FCFSKGS
| Q4 25 | 0.98× | 2.12× | ||
| Q3 25 | 1.01× | 2.08× | ||
| Q2 25 | 0.79× | 1.89× | ||
| Q1 25 | 0.83× | 1.91× | ||
| Q4 24 | 0.85× | 1.88× | ||
| Q3 24 | 0.87× | 1.86× | ||
| Q2 24 | 0.85× | 1.71× | ||
| 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 | $194.9M |
| 自由现金流经营现金流 - 资本支出 | — | $142.0M |
| 自由现金流率自由现金流/营收 | — | 42.7% |
| 资本支出强度资本支出/营收 | — | 15.9% |
| 现金转化率经营现金流/净利润 | 1.98× | 7.91× |
| 过去12个月自由现金流最近4个季度 | — | $284.3M |
8季度趋势，按日历期对齐
经营现金流FCFSKGS
| Q4 25 | $206.6M | $194.9M | ||
| Q3 25 | $135.8M | $113.4M | ||
| Q2 25 | $116.9M | $177.2M | ||
| Q1 25 | $126.6M | $114.3M | ||
| Q4 24 | $198.1M | $118.5M | ||
| Q3 24 | $113.1M | $36.9M | ||
| Q2 24 | $106.2M | $121.1M | ||
| Q1 24 | $122.5M | $51.5M |
自由现金流FCFSKGS
| Q4 25 | — | $142.0M | ||
| Q3 25 | — | $10.9M | ||
| Q2 25 | — | $94.6M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $45.2M | ||
| Q3 24 | — | $-49.7M | ||
| Q2 24 | — | $4.0M | ||
| Q1 24 | — | $-8.6M |
自由现金流率FCFSKGS
| Q4 25 | — | 42.7% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | — | -15.3% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | -4.0% |
资本支出强度FCFSKGS
| Q4 25 | — | 15.9% | ||
| Q3 25 | — | 31.7% | ||
| Q2 25 | — | 25.6% | ||
| Q1 25 | — | 23.5% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 37.8% | ||
| Q1 24 | — | 27.9% |
现金转化率FCFSKGS
| Q4 25 | 1.98× | 7.91× | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | 4.49× | ||
| Q1 25 | 1.51× | 3.76× | ||
| Q4 24 | 2.37× | 6.21× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | 19.44× | ||
| Q1 24 | 2.00× | 1.70× |
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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
