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FirstCash Holdings, Inc.（FCFS）与NORTHERN OIL & GAS, INC.（NOG）财务数据对比。点击上方公司名可切换其他公司
NORTHERN OIL & GAS, INC.的季度营收约是FirstCash Holdings, Inc.的1.2倍（$610.2M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs -11.6%，领先32.4%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -72.6%），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。
Marathon Oil Corporation是一家美国油气勘探开发企业，核心业务涵盖油气资源的勘探、开采与运营，2024年11月被康菲石油收购，相关业务与资产已并入康菲石油体系。
FCFS vs NOG — 直观对比
营收规模更大
NOG
是对方的1.2倍
$501.3M
营收增速更快
FCFS
高出93.8%
-72.6%
净利率更高
FCFS
高出32.4%
-11.6%
两年增速更快
FCFS
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $610.2M |
| 净利润 | $104.2M | $-70.7M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | — |
| 净利率 | 20.8% | -11.6% |
| 营收同比 | 21.2% | -72.6% |
| 净利润同比 | 24.7% | -198.7% |
| 每股收益（稀释后） | $2.35 | $-0.73 |
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FCFSNOG
| Q1 26 | — | $610.2M | ||
| Q4 25 | $501.3M | $610.2M | ||
| Q3 25 | $411.0M | $556.6M | ||
| Q2 25 | $385.1M | $706.8M | ||
| Q1 25 | $371.1M | $602.1M | ||
| Q4 24 | $413.7M | $515.0M | ||
| Q3 24 | $363.1M | $753.6M | ||
| Q2 24 | $363.5M | $560.8M |
净利润FCFSNOG
| Q1 26 | — | $-70.7M | ||
| Q4 25 | $104.2M | $-70.7M | ||
| Q3 25 | $82.8M | $-129.1M | ||
| Q2 25 | $59.8M | $99.6M | ||
| Q1 25 | $83.6M | $139.0M | ||
| Q4 24 | $83.5M | $71.7M | ||
| Q3 24 | $64.8M | $298.4M | ||
| Q2 24 | $49.1M | $138.6M |
毛利率FCFSNOG
| Q1 26 | — | — | ||
| Q4 25 | — | 80.4% | ||
| Q3 25 | — | 78.7% | ||
| Q2 25 | — | 82.8% | ||
| Q1 25 | — | 81.1% | ||
| Q4 24 | — | 77.4% | ||
| Q3 24 | — | 85.8% | ||
| Q2 24 | — | 82.0% |
营业利润率FCFSNOG
| Q1 26 | — | — | ||
| Q4 25 | 28.5% | -5.5% | ||
| Q3 25 | 27.4% | -22.6% | ||
| Q2 25 | 21.1% | 24.9% | ||
| Q1 25 | 30.0% | 38.1% | ||
| Q4 24 | 26.5% | 25.8% | ||
| Q3 24 | 23.5% | 57.6% | ||
| Q2 24 | 18.2% | 39.0% |
净利率FCFSNOG
| Q1 26 | — | -11.6% | ||
| Q4 25 | 20.8% | -11.6% | ||
| Q3 25 | 20.1% | -23.2% | ||
| Q2 25 | 15.5% | 14.1% | ||
| Q1 25 | 22.5% | 23.1% | ||
| Q4 24 | 20.2% | 13.9% | ||
| Q3 24 | 17.9% | 39.6% | ||
| Q2 24 | 13.5% | 24.7% |
每股收益（稀释后）FCFSNOG
| Q1 26 | — | $-0.73 | ||
| Q4 25 | $2.35 | $-0.67 | ||
| Q3 25 | $1.86 | $-1.33 | ||
| Q2 25 | $1.34 | $1.00 | ||
| Q1 25 | $1.87 | $1.39 | ||
| Q4 24 | $1.86 | $0.71 | ||
| Q3 24 | $1.44 | $2.96 | ||
| Q2 24 | $1.08 | $1.36 |
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 | $14.3M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $2.1B |
| 总资产 | $5.3B | $5.4B |
| 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FCFSNOG
| Q1 26 | — | $14.3M | ||
| Q4 25 | $125.2M | $14.3M | ||
| Q3 25 | $130.2M | $31.6M | ||
| Q2 25 | $101.5M | $25.9M | ||
| Q1 25 | $146.0M | $33.6M | ||
| Q4 24 | $175.1M | $8.9M | ||
| Q3 24 | $106.3M | $34.4M | ||
| Q2 24 | $113.7M | $7.8M |
总债务FCFSNOG
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $2.4B | ||
| Q3 25 | $2.2B | $2.3B | ||
| Q2 25 | $1.7B | $2.4B | ||
| Q1 25 | $1.7B | $2.3B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $1.7B | $2.0B | ||
| Q2 24 | $1.7B | $1.9B |
股东权益FCFSNOG
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.3B | $2.1B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.1B | $2.4B | ||
| Q1 25 | $2.1B | $2.4B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $2.0B | $2.3B | ||
| Q2 24 | $2.0B | $2.1B |
总资产FCFSNOG
| Q1 26 | — | $5.4B | ||
| Q4 25 | $5.3B | $5.4B | ||
| Q3 25 | $5.2B | $5.5B | ||
| Q2 25 | $4.5B | $5.7B | ||
| Q1 25 | $4.4B | $5.7B | ||
| Q4 24 | $4.5B | $5.6B | ||
| Q3 24 | $4.4B | $5.1B | ||
| Q2 24 | $4.3B | $4.7B |
负债/权益比FCFSNOG
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | 1.13× | ||
| Q3 25 | 1.01× | 1.05× | ||
| Q2 25 | 0.79× | 0.98× | ||
| Q1 25 | 0.83× | 0.96× | ||
| Q4 24 | 0.85× | 1.02× | ||
| Q3 24 | 0.87× | 0.84× | ||
| Q2 24 | 0.85× | 0.91× |
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 | $312.6M |
| 自由现金流经营现金流 - 资本支出 | — | $43.2M |
| 自由现金流率自由现金流/营收 | — | 7.1% |
| 资本支出强度资本支出/营收 | — | 31.5% |
| 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FCFSNOG
| Q1 26 | — | $312.6M | ||
| Q4 25 | $206.6M | $312.6M | ||
| Q3 25 | $135.8M | $423.1M | ||
| Q2 25 | $116.9M | $362.1M | ||
| Q1 25 | $126.6M | $407.4M | ||
| Q4 24 | $198.1M | $290.3M | ||
| Q3 24 | $113.1M | $385.8M | ||
| Q2 24 | $106.2M | $340.5M |
自由现金流FCFSNOG
| Q1 26 | — | $43.2M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率FCFSNOG
| Q1 26 | — | 7.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度FCFSNOG
| Q1 26 | — | 31.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率FCFSNOG
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | 3.64× | ||
| Q1 25 | 1.51× | 2.93× | ||
| Q4 24 | 2.37× | 4.05× | ||
| Q3 24 | 1.74× | 1.29× | ||
| Q2 24 | 2.16× | 2.46× |
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% |
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
