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FirstCash Holdings, Inc.（FCFS）与LOUISIANA-PACIFIC CORP（LPX）财务数据对比。点击上方公司名可切换其他公司
LOUISIANA-PACIFIC CORP的季度营收约是FirstCash Holdings, Inc.的1.1倍（$566.0M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs -1.4%，领先22.2%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -16.9%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
FCFS vs LPX — 直观对比
营收规模更大
LPX
是对方的1.1倍
$501.3M
营收增速更快
FCFS
高出38.1%
-16.9%
净利率更高
FCFS
高出22.2%
-1.4%
两年增速更快
FCFS
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $566.0M |
| 净利润 | $104.2M | $-8.0M |
| 毛利率 | — | 15.0% |
| 营业利润率 | 28.5% | -1.6% |
| 净利率 | 20.8% | -1.4% |
| 营收同比 | 21.2% | -16.9% |
| 净利润同比 | 24.7% | -112.9% |
| 每股收益（稀释后） | $2.35 | $-0.12 |
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FCFSLPX
| Q4 25 | $501.3M | $566.0M | ||
| Q3 25 | $411.0M | $663.0M | ||
| Q2 25 | $385.1M | $755.0M | ||
| Q1 25 | $371.1M | $724.0M | ||
| Q4 24 | $413.7M | $681.0M | ||
| Q3 24 | $363.1M | $722.0M | ||
| Q2 24 | $363.5M | $814.0M | ||
| Q1 24 | $366.8M | $724.0M |
净利润FCFSLPX
| Q4 25 | $104.2M | $-8.0M | ||
| Q3 25 | $82.8M | $9.0M | ||
| Q2 25 | $59.8M | $54.0M | ||
| Q1 25 | $83.6M | $91.0M | ||
| Q4 24 | $83.5M | $62.0M | ||
| Q3 24 | $64.8M | $90.0M | ||
| Q2 24 | $49.1M | $160.0M | ||
| Q1 24 | $61.4M | $108.0M |
毛利率FCFSLPX
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 19.5% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 32.3% | ||
| Q1 24 | — | 29.6% |
营业利润率FCFSLPX
| Q4 25 | 28.5% | -1.6% | ||
| Q3 25 | 27.4% | 2.7% | ||
| Q2 25 | 21.1% | 10.6% | ||
| Q1 25 | 30.0% | 16.6% | ||
| Q4 24 | 26.5% | 11.0% | ||
| Q3 24 | 23.5% | 16.1% | ||
| Q2 24 | 18.2% | 23.8% | ||
| Q1 24 | 22.3% | 20.0% |
净利率FCFSLPX
| Q4 25 | 20.8% | -1.4% | ||
| Q3 25 | 20.1% | 1.4% | ||
| Q2 25 | 15.5% | 7.2% | ||
| Q1 25 | 22.5% | 12.6% | ||
| Q4 24 | 20.2% | 9.1% | ||
| Q3 24 | 17.9% | 12.5% | ||
| Q2 24 | 13.5% | 19.7% | ||
| Q1 24 | 16.7% | 14.9% |
每股收益（稀释后）FCFSLPX
| Q4 25 | $2.35 | $-0.12 | ||
| Q3 25 | $1.86 | $0.13 | ||
| Q2 25 | $1.34 | $0.77 | ||
| Q1 25 | $1.87 | $1.30 | ||
| Q4 24 | $1.86 | $0.90 | ||
| Q3 24 | $1.44 | $1.28 | ||
| Q2 24 | $1.08 | $2.23 | ||
| Q1 24 | $1.35 | $1.48 |
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 | $292.0M |
| 总债务越低越好 | $2.2B | $348.0M |
| 股东权益账面价值 | $2.3B | $1.7B |
| 总资产 | $5.3B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资FCFSLPX
| Q4 25 | $125.2M | $292.0M | ||
| Q3 25 | $130.2M | $316.0M | ||
| Q2 25 | $101.5M | $333.0M | ||
| Q1 25 | $146.0M | $256.0M | ||
| Q4 24 | $175.1M | $340.0M | ||
| Q3 24 | $106.3M | $346.0M | ||
| Q2 24 | $113.7M | $317.0M | ||
| Q1 24 | $135.1M | $244.0M |
总债务FCFSLPX
| Q4 25 | $2.2B | $348.0M | ||
| Q3 25 | $2.2B | $348.0M | ||
| Q2 25 | $1.7B | $348.0M | ||
| Q1 25 | $1.7B | $348.0M | ||
| Q4 24 | $1.7B | $348.0M | ||
| Q3 24 | $1.7B | $347.0M | ||
| Q2 24 | $1.7B | $347.0M | ||
| Q1 24 | $1.5B | $347.0M |
股东权益FCFSLPX
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.0B | $1.7B | ||
| Q1 24 | $2.0B | $1.6B |
总资产FCFSLPX
| Q4 25 | $5.3B | $2.6B | ||
| Q3 25 | $5.2B | $2.6B | ||
| Q2 25 | $4.5B | $2.7B | ||
| Q1 25 | $4.4B | $2.6B | ||
| Q4 24 | $4.5B | $2.6B | ||
| Q3 24 | $4.4B | $2.6B | ||
| Q2 24 | $4.3B | $2.5B | ||
| Q1 24 | $4.2B | $2.5B |
负债/权益比FCFSLPX
| Q4 25 | 0.98× | 0.20× | ||
| Q3 25 | 1.01× | 0.20× | ||
| Q2 25 | 0.79× | 0.20× | ||
| Q1 25 | 0.83× | 0.21× | ||
| Q4 24 | 0.85× | 0.21× | ||
| Q3 24 | 0.87× | 0.21× | ||
| Q2 24 | 0.85× | 0.21× | ||
| Q1 24 | 0.75× | 0.21× |
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 | $67.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-8.0M |
| 自由现金流率自由现金流/营收 | — | -1.4% |
| 资本支出强度资本支出/营收 | — | 13.3% |
| 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 | — | $91.0M |
8季度趋势，按日历期对齐
经营现金流FCFSLPX
| Q4 25 | $206.6M | $67.0M | ||
| Q3 25 | $135.8M | $89.0M | ||
| Q2 25 | $116.9M | $162.0M | ||
| Q1 25 | $126.6M | $64.0M | ||
| Q4 24 | $198.1M | $105.0M | ||
| Q3 24 | $113.1M | $183.0M | ||
| Q2 24 | $106.2M | $212.0M | ||
| Q1 24 | $122.5M | $105.0M |
自由现金流FCFSLPX
| Q4 25 | — | $-8.0M | ||
| Q3 25 | — | $5.0M | ||
| Q2 25 | — | $94.0M | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $139.0M | ||
| Q2 24 | — | $176.0M | ||
| Q1 24 | — | $64.0M |
自由现金流率FCFSLPX
| Q4 25 | — | -1.4% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 8.8% |
资本支出强度FCFSLPX
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 12.7% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 5.7% |
现金转化率FCFSLPX
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | 9.89× | ||
| Q2 25 | 1.95× | 3.00× | ||
| Q1 25 | 1.51× | 0.70× | ||
| Q4 24 | 2.37× | 1.69× | ||
| Q3 24 | 1.74× | 2.03× | ||
| Q2 24 | 2.16× | 1.32× | ||
| Q1 24 | 2.00× | 0.97× |
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% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
