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FirstCash Holdings, Inc.（FCFS）与Loews Corporation（L）财务数据对比。点击上方公司名可切换其他公司
Loews Corporation的季度营收约是FirstCash Holdings, Inc.的1.6倍（$827.0M vs $501.3M），Loews Corporation净利率更高（48.6% vs 20.8%，领先27.8%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 4.8%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 7.9%）
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。
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
FCFS vs L — 直观对比
营收规模更大
L
是对方的1.6倍
$501.3M
营收增速更快
FCFS
高出16.4%
4.8%
净利率更高
L
高出27.8%
20.8%
两年增速更快
FCFS
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $827.0M |
| 净利润 | $104.2M | $402.0M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 65.4% |
| 净利率 | 20.8% | 48.6% |
| 营收同比 | 21.2% | 4.8% |
| 净利润同比 | 24.7% | 115.0% |
| 每股收益（稀释后） | $2.35 | $1.93 |
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FCFSL
| Q4 25 | $501.3M | $827.0M | ||
| Q3 25 | $411.0M | $732.0M | ||
| Q2 25 | $385.1M | $769.0M | ||
| Q1 25 | $371.1M | $846.0M | ||
| Q4 24 | $413.7M | $789.0M | ||
| Q3 24 | $363.1M | $683.0M | ||
| Q2 24 | $363.5M | $711.0M | ||
| Q1 24 | $366.8M | $710.0M |
净利润FCFSL
| Q4 25 | $104.2M | $402.0M | ||
| Q3 25 | $82.8M | $504.0M | ||
| Q2 25 | $59.8M | $391.0M | ||
| Q1 25 | $83.6M | $370.0M | ||
| Q4 24 | $83.5M | $187.0M | ||
| Q3 24 | $64.8M | $401.0M | ||
| Q2 24 | $49.1M | $369.0M | ||
| Q1 24 | $61.4M | $457.0M |
营业利润率FCFSL
| Q4 25 | 28.5% | 65.4% | ||
| Q3 25 | 27.4% | 94.1% | ||
| Q2 25 | 21.1% | 70.1% | ||
| Q1 25 | 30.0% | 60.8% | ||
| Q4 24 | 26.5% | 23.8% | ||
| Q3 24 | 23.5% | 80.5% | ||
| Q2 24 | 18.2% | 71.3% | ||
| Q1 24 | 22.3% | 88.6% |
净利率FCFSL
| Q4 25 | 20.8% | 48.6% | ||
| Q3 25 | 20.1% | 68.9% | ||
| Q2 25 | 15.5% | 50.8% | ||
| Q1 25 | 22.5% | 43.7% | ||
| Q4 24 | 20.2% | 23.7% | ||
| Q3 24 | 17.9% | 58.7% | ||
| Q2 24 | 13.5% | 51.9% | ||
| Q1 24 | 16.7% | 64.4% |
每股收益（稀释后）FCFSL
| Q4 25 | $2.35 | $1.93 | ||
| Q3 25 | $1.86 | $2.43 | ||
| Q2 25 | $1.34 | $1.87 | ||
| Q1 25 | $1.87 | $1.74 | ||
| Q4 24 | $1.86 | $0.87 | ||
| Q3 24 | $1.44 | $1.82 | ||
| Q2 24 | $1.08 | $1.67 | ||
| Q1 24 | $1.35 | $2.05 |
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 | $6.0B |
| 总债务越低越好 | $2.2B | $8.4B |
| 股东权益账面价值 | $2.3B | $18.7B |
| 总资产 | $5.3B | $86.3B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资FCFSL
| Q4 25 | $125.2M | $6.0B | ||
| Q3 25 | $130.2M | $5.4B | ||
| Q2 25 | $101.5M | $4.5B | ||
| Q1 25 | $146.0M | $4.4B | ||
| Q4 24 | $175.1M | $4.6B | ||
| Q3 24 | $106.3M | $5.2B | ||
| Q2 24 | $113.7M | $4.9B | ||
| Q1 24 | $135.1M | $5.4B |
总债务FCFSL
| Q4 25 | $2.2B | $8.4B | ||
| Q3 25 | $2.2B | $8.4B | ||
| Q2 25 | $1.7B | $7.9B | ||
| Q1 25 | $1.7B | $8.4B | ||
| Q4 24 | $1.7B | $8.9B | ||
| Q3 24 | $1.7B | $8.8B | ||
| Q2 24 | $1.7B | $8.6B | ||
| Q1 24 | $1.5B | $8.4B |
股东权益FCFSL
| Q4 25 | $2.3B | $18.7B | ||
| Q3 25 | $2.2B | $18.3B | ||
| Q2 25 | $2.1B | $17.5B | ||
| Q1 25 | $2.1B | $17.2B | ||
| Q4 24 | $2.1B | $17.1B | ||
| Q3 24 | $2.0B | $17.4B | ||
| Q2 24 | $2.0B | $16.4B | ||
| Q1 24 | $2.0B | $16.2B |
总资产FCFSL
| Q4 25 | $5.3B | $86.3B | ||
| Q3 25 | $5.2B | $85.9B | ||
| Q2 25 | $4.5B | $84.7B | ||
| Q1 25 | $4.4B | $83.1B | ||
| Q4 24 | $4.5B | $81.9B | ||
| Q3 24 | $4.4B | $83.6B | ||
| Q2 24 | $4.3B | $81.1B | ||
| Q1 24 | $4.2B | $80.9B |
负债/权益比FCFSL
| Q4 25 | 0.98× | 0.45× | ||
| Q3 25 | 1.01× | 0.46× | ||
| Q2 25 | 0.79× | 0.45× | ||
| Q1 25 | 0.83× | 0.49× | ||
| Q4 24 | 0.85× | 0.52× | ||
| Q3 24 | 0.87× | 0.51× | ||
| Q2 24 | 0.85× | 0.52× | ||
| Q1 24 | 0.75× | 0.52× |
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 | $617.0M |
| 自由现金流经营现金流 - 资本支出 | — | $426.0M |
| 自由现金流率自由现金流/营收 | — | 51.5% |
| 资本支出强度资本支出/营收 | — | 23.1% |
| 现金转化率经营现金流/净利润 | 1.98× | 1.53× |
| 过去12个月自由现金流最近4个季度 | — | $2.7B |
8季度趋势，按日历期对齐
经营现金流FCFSL
| Q4 25 | $206.6M | $617.0M | ||
| Q3 25 | $135.8M | $920.0M | ||
| Q2 25 | $116.9M | $1.0B | ||
| Q1 25 | $126.6M | $736.0M | ||
| Q4 24 | $198.1M | $941.0M | ||
| Q3 24 | $113.1M | $934.0M | ||
| Q2 24 | $106.2M | $952.0M | ||
| Q1 24 | $122.5M | $198.0M |
自由现金流FCFSL
| Q4 25 | — | $426.0M | ||
| Q3 25 | — | $764.0M | ||
| Q2 25 | — | $872.0M | ||
| Q1 25 | — | $638.0M | ||
| Q4 24 | — | $767.0M | ||
| Q3 24 | — | $794.0M | ||
| Q2 24 | — | $793.0M | ||
| Q1 24 | — | $39.0M |
自由现金流率FCFSL
| Q4 25 | — | 51.5% | ||
| Q3 25 | — | 104.4% | ||
| Q2 25 | — | 113.4% | ||
| Q1 25 | — | 75.4% | ||
| Q4 24 | — | 97.2% | ||
| Q3 24 | — | 116.3% | ||
| Q2 24 | — | 111.5% | ||
| Q1 24 | — | 5.5% |
资本支出强度FCFSL
| Q4 25 | — | 23.1% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 20.5% | ||
| Q2 24 | — | 22.4% | ||
| Q1 24 | — | 22.4% |
现金转化率FCFSL
| Q4 25 | 1.98× | 1.53× | ||
| Q3 25 | 1.64× | 1.83× | ||
| Q2 25 | 1.95× | 2.57× | ||
| Q1 25 | 1.51× | 1.99× | ||
| Q4 24 | 2.37× | 5.03× | ||
| Q3 24 | 1.74× | 2.33× | ||
| Q2 24 | 2.16× | 2.58× | ||
| Q1 24 | 2.00× | 0.43× |
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% |
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
