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FirstCash Holdings, Inc.（FCFS）与莱夫 Nation 娱乐（LIVE）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是莱夫 Nation 娱乐的4.6倍（$501.3M vs $108.5M）。FirstCash Holdings, Inc.净利率更高（20.8% vs -0.1%，领先20.8%）。FirstCash Holdings, Inc.同比增速更快（21.2% vs -2.7%）。过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs -4.3%）
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。
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并而成。目前两大品牌均作为子品牌运营，在全球范围内推广现场娱乐活动并提供票务销售服务，同时还自营多处娱乐场馆，并为音乐人提供艺人经纪服务。
FCFS vs LIVE — 直观对比
营收规模更大
FCFS
是对方的4.6倍
$108.5M
营收增速更快
FCFS
高出23.8%
-2.7%
净利率更高
FCFS
高出20.8%
-0.1%
两年增速更快
FCFS
近两年复合增速
-4.3%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $108.5M |
| 净利润 | $104.2M | $-64.0K |
| 毛利率 | — | 32.6% |
| 营业利润率 | 28.5% | 3.2% |
| 净利率 | 20.8% | -0.1% |
| 营收同比 | 21.2% | -2.7% |
| 净利润同比 | 24.7% | -113.0% |
| 每股收益（稀释后） | $2.35 | $-0.02 |
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FCFSLIVE
| Q4 25 | $501.3M | $108.5M | ||
| Q3 25 | $411.0M | $113.9M | ||
| Q2 25 | $385.1M | $112.5M | ||
| Q1 25 | $371.1M | $107.0M | ||
| Q4 24 | $413.7M | $111.5M | ||
| Q3 24 | $363.1M | $112.7M | ||
| Q2 24 | $363.5M | $123.9M | ||
| Q1 24 | $366.8M | $118.6M |
净利润FCFSLIVE
| Q4 25 | $104.2M | $-64.0K | ||
| Q3 25 | $82.8M | $997.0K | ||
| Q2 25 | $59.8M | $5.4M | ||
| Q1 25 | $83.6M | $15.9M | ||
| Q4 24 | $83.5M | $492.0K | ||
| Q3 24 | $64.8M | $-19.9M | ||
| Q2 24 | $49.1M | $-2.9M | ||
| Q1 24 | $61.4M | $-3.3M |
毛利率FCFSLIVE
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | 29.9% |
营业利润率FCFSLIVE
| Q4 25 | 28.5% | 3.2% | ||
| Q3 25 | 27.4% | 3.3% | ||
| Q2 25 | 21.1% | 7.1% | ||
| Q1 25 | 30.0% | 2.0% | ||
| Q4 24 | 26.5% | 0.7% | ||
| Q3 24 | 23.5% | -15.5% | ||
| Q2 24 | 18.2% | 0.9% | ||
| Q1 24 | 22.3% | -0.7% |
净利率FCFSLIVE
| Q4 25 | 20.8% | -0.1% | ||
| Q3 25 | 20.1% | 0.9% | ||
| Q2 25 | 15.5% | 4.8% | ||
| Q1 25 | 22.5% | 14.8% | ||
| Q4 24 | 20.2% | 0.4% | ||
| Q3 24 | 17.9% | -17.6% | ||
| Q2 24 | 13.5% | -2.3% | ||
| Q1 24 | 16.7% | -2.8% |
每股收益（稀释后）FCFSLIVE
| Q4 25 | $2.35 | $-0.02 | ||
| Q3 25 | $1.86 | $-1.52 | ||
| Q2 25 | $1.34 | $1.24 | ||
| Q1 25 | $1.87 | $5.05 | ||
| Q4 24 | $1.86 | $0.16 | ||
| Q3 24 | $1.44 | $-6.31 | ||
| Q2 24 | $1.08 | $-0.91 | ||
| Q1 24 | $1.35 | $-1.04 |
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 | — |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $95.3M |
| 总资产 | $5.3B | $389.2M |
| 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FCFSLIVE
| Q4 25 | $125.2M | — | ||
| Q3 25 | $130.2M | — | ||
| Q2 25 | $101.5M | — | ||
| Q1 25 | $146.0M | — | ||
| Q4 24 | $175.1M | — | ||
| Q3 24 | $106.3M | — | ||
| Q2 24 | $113.7M | — | ||
| Q1 24 | $135.1M | — |
总债务FCFSLIVE
| 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FCFSLIVE
| Q4 25 | $2.3B | $95.3M | ||
| Q3 25 | $2.2B | $95.3M | ||
| Q2 25 | $2.1B | $94.3M | ||
| Q1 25 | $2.1B | $88.9M | ||
| Q4 24 | $2.1B | $73.3M | ||
| Q3 24 | $2.0B | $72.9M | ||
| Q2 24 | $2.0B | $92.7M | ||
| Q1 24 | $2.0B | $95.9M |
总资产FCFSLIVE
| Q4 25 | $5.3B | $389.2M | ||
| Q3 25 | $5.2B | $386.4M | ||
| Q2 25 | $4.5B | $387.5M | ||
| Q1 25 | $4.4B | $393.6M | ||
| Q4 24 | $4.5B | $395.5M | ||
| Q3 24 | $4.4B | $407.5M | ||
| Q2 24 | $4.3B | $436.8M | ||
| Q1 24 | $4.2B | $433.9M |
负债/权益比FCFSLIVE
| 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 | $9.8M |
| 自由现金流经营现金流 - 资本支出 | — | $8.5M |
| 自由现金流率自由现金流/营收 | — | 7.8% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | — | $21.9M |
8季度趋势，按日历期对齐
经营现金流FCFSLIVE
| Q4 25 | $206.6M | $9.8M | ||
| Q3 25 | $135.8M | $6.8M | ||
| Q2 25 | $116.9M | $12.3M | ||
| Q1 25 | $126.6M | $231.0K | ||
| Q4 24 | $198.1M | $9.4M | ||
| Q3 24 | $113.1M | $6.7M | ||
| Q2 24 | $106.2M | $11.7M | ||
| Q1 24 | $122.5M | $-5.7M |
自由现金流FCFSLIVE
| Q4 25 | — | $8.5M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | $7.6M | ||
| Q3 24 | — | $3.3M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $-7.5M |
自由现金流率FCFSLIVE
| Q4 25 | — | 7.8% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | -6.3% |
资本支出强度FCFSLIVE
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.4% |
现金转化率FCFSLIVE
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | 6.78× | ||
| Q2 25 | 1.95× | 2.28× | ||
| Q1 25 | 1.51× | 0.01× | ||
| Q4 24 | 2.37× | 19.11× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
LIVE
| Steel Manufacturing Segment | $31.9M | 29% |
| Flooring Manufacturing Segment | $28.9M | 27% |
| Retail Flooring Segment | $25.3M | 23% |
| Retail Entertainment Segment | $23.6M | 22% |
