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FirstCash Holdings, Inc.（FCFS）与Knife River Corp（KNF）财务数据对比。点击上方公司名可切换其他公司
Knife River Corp的季度营收约是FirstCash Holdings, Inc.的1.5倍（$755.1M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs 4.2%，领先16.5%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 14.9%），过去两年Knife River Corp的营收复合增速更高（51.4% 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。
哥伦比亚河刀具工具公司（CRKT）是1994年成立的美国刀具企业，总部位于美国俄勒冈州图拉丁，主营各类刀具相关产品，目前由罗德·布雷默担任总裁兼销售主管，佩吉·布雷默担任财务主管。
FCFS vs KNF — 直观对比
营收规模更大
KNF
是对方的1.5倍
$501.3M
营收增速更快
FCFS
高出6.3%
14.9%
净利率更高
FCFS
高出16.5%
4.2%
两年增速更快
KNF
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $755.1M |
| 净利润 | $104.2M | $32.0M |
| 毛利率 | — | 19.2% |
| 营业利润率 | 28.5% | 8.6% |
| 净利率 | 20.8% | 4.2% |
| 营收同比 | 21.2% | 14.9% |
| 净利润同比 | 24.7% | 37.6% |
| 每股收益（稀释后） | $2.35 | $0.56 |
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FCFSKNF
| Q4 25 | $501.3M | $755.1M | ||
| Q3 25 | $411.0M | $1.2B | ||
| Q2 25 | $385.1M | $833.8M | ||
| Q1 25 | $371.1M | $353.5M | ||
| Q4 24 | $413.7M | $657.2M | ||
| Q3 24 | $363.1M | $1.1B | ||
| Q2 24 | $363.5M | $806.9M | ||
| Q1 24 | $366.8M | $329.6M |
净利润FCFSKNF
| Q4 25 | $104.2M | $32.0M | ||
| Q3 25 | $82.8M | $143.2M | ||
| Q2 25 | $59.8M | $50.6M | ||
| Q1 25 | $83.6M | $-68.7M | ||
| Q4 24 | $83.5M | $23.3M | ||
| Q3 24 | $64.8M | $148.1M | ||
| Q2 24 | $49.1M | $77.9M | ||
| Q1 24 | $61.4M | $-47.6M |
毛利率FCFSKNF
| Q4 25 | — | 19.2% | ||
| Q3 25 | — | 23.6% | ||
| Q2 25 | — | 18.9% | ||
| Q1 25 | — | -2.7% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | 2.0% |
营业利润率FCFSKNF
| Q4 25 | 28.5% | 8.6% | ||
| Q3 25 | 27.4% | 17.9% | ||
| Q2 25 | 21.1% | 10.6% | ||
| Q1 25 | 30.0% | -23.4% | ||
| Q4 24 | 26.5% | 6.7% | ||
| Q3 24 | 23.5% | 18.9% | ||
| Q2 24 | 18.2% | 14.5% | ||
| Q1 24 | 22.3% | -16.3% |
净利率FCFSKNF
| Q4 25 | 20.8% | 4.2% | ||
| Q3 25 | 20.1% | 11.9% | ||
| Q2 25 | 15.5% | 6.1% | ||
| Q1 25 | 22.5% | -19.4% | ||
| Q4 24 | 20.2% | 3.5% | ||
| Q3 24 | 17.9% | 13.4% | ||
| Q2 24 | 13.5% | 9.7% | ||
| Q1 24 | 16.7% | -14.5% |
每股收益（稀释后）FCFSKNF
| Q4 25 | $2.35 | $0.56 | ||
| Q3 25 | $1.86 | $2.52 | ||
| Q2 25 | $1.34 | $0.89 | ||
| Q1 25 | $1.87 | $-1.21 | ||
| Q4 24 | $1.86 | $0.42 | ||
| Q3 24 | $1.44 | $2.60 | ||
| Q2 24 | $1.08 | $1.37 | ||
| Q1 24 | $1.35 | $-0.84 |
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 | $73.8M |
| 总债务越低越好 | $2.2B | $1.2B |
| 股东权益账面价值 | $2.3B | $1.6B |
| 总资产 | $5.3B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.71× |
8季度趋势，按日历期对齐
现金及短期投资FCFSKNF
| Q4 25 | $125.2M | $73.8M | ||
| Q3 25 | $130.2M | $30.7M | ||
| Q2 25 | $101.5M | $26.6M | ||
| Q1 25 | $146.0M | $86.1M | ||
| Q4 24 | $175.1M | $236.8M | ||
| Q3 24 | $106.3M | $220.4M | ||
| Q2 24 | $113.7M | $15.5M | ||
| Q1 24 | $135.1M | $128.4M |
总债务FCFSKNF
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.7B | $677.4M | ||
| Q3 24 | $1.7B | $678.5M | ||
| Q2 24 | $1.7B | $679.5M | ||
| Q1 24 | $1.5B | $680.6M |
股东权益FCFSKNF
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.5B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.0B | $1.3B | ||
| Q1 24 | $2.0B | $1.2B |
总资产FCFSKNF
| Q4 25 | $5.3B | $3.7B | ||
| Q3 25 | $5.2B | $3.7B | ||
| Q2 25 | $4.5B | $3.6B | ||
| Q1 25 | $4.4B | $3.3B | ||
| Q4 24 | $4.5B | $2.9B | ||
| Q3 24 | $4.4B | $2.9B | ||
| Q2 24 | $4.3B | $2.7B | ||
| Q1 24 | $4.2B | $2.5B |
负债/权益比FCFSKNF
| Q4 25 | 0.98× | 0.71× | ||
| Q3 25 | 1.01× | 0.74× | ||
| Q2 25 | 0.79× | 0.93× | ||
| Q1 25 | 0.83× | 0.83× | ||
| Q4 24 | 0.85× | 0.46× | ||
| Q3 24 | 0.87× | 0.47× | ||
| Q2 24 | 0.85× | 0.52× | ||
| Q1 24 | 0.75× | 0.56× |
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 | $195.9M |
| 自由现金流经营现金流 - 资本支出 | — | $138.2M |
| 自由现金流率自由现金流/营收 | — | 18.3% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 现金转化率经营现金流/净利润 | 1.98× | 6.12× |
| 过去12个月自由现金流最近4个季度 | — | $-69.6M |
8季度趋势，按日历期对齐
经营现金流FCFSKNF
| Q4 25 | $206.6M | $195.9M | ||
| Q3 25 | $135.8M | $250.4M | ||
| Q2 25 | $116.9M | $-42.6M | ||
| Q1 25 | $126.6M | $-125.3M | ||
| Q4 24 | $198.1M | $172.4M | ||
| Q3 24 | $113.1M | $239.7M | ||
| Q2 24 | $106.2M | $-46.6M | ||
| Q1 24 | $122.5M | $-43.2M |
自由现金流FCFSKNF
| Q4 25 | — | $138.2M | ||
| Q3 25 | — | $188.7M | ||
| Q2 25 | — | $-196.2M | ||
| Q1 25 | — | $-200.2M | ||
| Q4 24 | — | $127.2M | ||
| Q3 24 | — | $216.1M | ||
| Q2 24 | — | $-106.5M | ||
| Q1 24 | — | $-86.9M |
自由现金流率FCFSKNF
| Q4 25 | — | 18.3% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | — | -23.5% | ||
| Q1 25 | — | -56.6% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | -13.2% | ||
| Q1 24 | — | -26.4% |
资本支出强度FCFSKNF
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | 13.3% |
现金转化率FCFSKNF
| Q4 25 | 1.98× | 6.12× | ||
| Q3 25 | 1.64× | 1.75× | ||
| Q2 25 | 1.95× | -0.84× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | 7.41× | ||
| Q3 24 | 1.74× | 1.62× | ||
| Q2 24 | 2.16× | -0.60× | ||
| 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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
KNF
| Services | $347.2M | 46% |
| Ready Mix Concrete | $88.4M | 12% |
| Contracting Services Public Sector | $80.2M | 11% |
| Aggregates | $73.9M | 10% |
| Energy Services Segment | $56.2M | 7% |
| Liquid Asphalt | $49.1M | 7% |
| Other | $43.2M | 6% |
| Asphalt | $22.7M | 3% |
