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FirstCash Holdings, Inc.（FCFS）与MACERICH CO（MAC）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MACERICH CO的1.9倍（$501.3M vs $261.7M），FirstCash Holdings, Inc.净利率更高（20.8% vs -7.2%，领先28.0%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -4.4%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 12.0%）
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。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
FCFS vs MAC — 直观对比
营收规模更大
FCFS
是对方的1.9倍
$261.7M
营收增速更快
FCFS
高出25.5%
-4.4%
净利率更高
FCFS
高出28.0%
-7.2%
两年增速更快
FCFS
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $261.7M |
| 净利润 | $104.2M | $-18.8M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | — |
| 净利率 | 20.8% | -7.2% |
| 营收同比 | 21.2% | -4.4% |
| 净利润同比 | 24.7% | 91.1% |
| 每股收益（稀释后） | $2.35 | $-0.08 |
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FCFSMAC
| Q4 25 | $501.3M | $261.7M | ||
| Q3 25 | $411.0M | $253.3M | ||
| Q2 25 | $385.1M | $249.8M | ||
| Q1 25 | $371.1M | $249.2M | ||
| Q4 24 | $413.7M | $273.7M | ||
| Q3 24 | $363.1M | $220.2M | ||
| Q2 24 | $363.5M | $215.5M | ||
| Q1 24 | $366.8M | $208.8M |
净利润FCFSMAC
| Q4 25 | $104.2M | $-18.8M | ||
| Q3 25 | $82.8M | $-87.4M | ||
| Q2 25 | $59.8M | $-40.9M | ||
| Q1 25 | $83.6M | $-50.1M | ||
| Q4 24 | $83.5M | $-211.2M | ||
| Q3 24 | $64.8M | $-108.2M | ||
| Q2 24 | $49.1M | $252.0M | ||
| Q1 24 | $61.4M | $-126.7M |
营业利润率FCFSMAC
| Q4 25 | 28.5% | — | ||
| Q3 25 | 27.4% | — | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 30.0% | — | ||
| Q4 24 | 26.5% | — | ||
| Q3 24 | 23.5% | — | ||
| Q2 24 | 18.2% | — | ||
| Q1 24 | 22.3% | — |
净利率FCFSMAC
| Q4 25 | 20.8% | -7.2% | ||
| Q3 25 | 20.1% | -34.5% | ||
| Q2 25 | 15.5% | -16.4% | ||
| Q1 25 | 22.5% | -20.1% | ||
| Q4 24 | 20.2% | -77.2% | ||
| Q3 24 | 17.9% | -49.1% | ||
| Q2 24 | 13.5% | 116.9% | ||
| Q1 24 | 16.7% | -60.7% |
每股收益（稀释后）FCFSMAC
| Q4 25 | $2.35 | $-0.08 | ||
| Q3 25 | $1.86 | $-0.34 | ||
| Q2 25 | $1.34 | $-0.16 | ||
| Q1 25 | $1.87 | $-0.20 | ||
| Q4 24 | $1.86 | $-0.95 | ||
| Q3 24 | $1.44 | $-0.50 | ||
| Q2 24 | $1.08 | $1.16 | ||
| Q1 24 | $1.35 | $-0.59 |
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 | $280.2M |
| 总债务越低越好 | $2.2B | $5.1B |
| 股东权益账面价值 | $2.3B | $2.4B |
| 总资产 | $5.3B | $8.4B |
| 负债/权益比越低杠杆越低 | 0.98× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资FCFSMAC
| Q4 25 | $125.2M | $280.2M | ||
| Q3 25 | $130.2M | $290.2M | ||
| Q2 25 | $101.5M | $131.1M | ||
| Q1 25 | $146.0M | $253.2M | ||
| Q4 24 | $175.1M | $89.9M | ||
| Q3 24 | $106.3M | $116.5M | ||
| Q2 24 | $113.7M | $70.7M | ||
| Q1 24 | $135.1M | $120.1M |
总债务FCFSMAC
| Q4 25 | $2.2B | $5.1B | ||
| Q3 25 | $2.2B | $5.1B | ||
| Q2 25 | $1.7B | $5.2B | ||
| Q1 25 | $1.7B | $5.2B | ||
| Q4 24 | $1.7B | $4.9B | ||
| Q3 24 | $1.7B | $4.3B | ||
| Q2 24 | $1.7B | $4.4B | ||
| Q1 24 | $1.5B | $4.1B |
股东权益FCFSMAC
| Q4 25 | $2.3B | $2.4B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.1B | $2.8B | ||
| Q3 24 | $2.0B | $2.5B | ||
| Q2 24 | $2.0B | $2.5B | ||
| Q1 24 | $2.0B | $2.3B |
总资产FCFSMAC
| Q4 25 | $5.3B | $8.4B | ||
| Q3 25 | $5.2B | $8.4B | ||
| Q2 25 | $4.5B | $8.7B | ||
| Q1 25 | $4.4B | $8.7B | ||
| Q4 24 | $4.5B | $8.6B | ||
| Q3 24 | $4.4B | $7.6B | ||
| Q2 24 | $4.3B | $7.8B | ||
| Q1 24 | $4.2B | $7.4B |
负债/权益比FCFSMAC
| Q4 25 | 0.98× | 2.07× | ||
| Q3 25 | 1.01× | 2.02× | ||
| Q2 25 | 0.79× | 2.02× | ||
| Q1 25 | 0.83× | 1.96× | ||
| Q4 24 | 0.85× | 1.78× | ||
| Q3 24 | 0.87× | 1.73× | ||
| Q2 24 | 0.85× | 1.75× | ||
| Q1 24 | 0.75× | 1.79× |
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 | $50.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流FCFSMAC
| Q4 25 | $206.6M | $50.2M | ||
| Q3 25 | $135.8M | $112.4M | ||
| Q2 25 | $116.9M | $70.5M | ||
| Q1 25 | $126.6M | $88.5M | ||
| Q4 24 | $198.1M | $54.9M | ||
| Q3 24 | $113.1M | $100.0M | ||
| Q2 24 | $106.2M | $67.4M | ||
| Q1 24 | $122.5M | $61.1M |
现金转化率FCFSMAC
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | 0.27× | ||
| 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% |
MAC
暂无分部数据
