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FirstCash Holdings, Inc.（FCFS）与PROCORE TECHNOLOGIES, INC.（PCOR）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PROCORE TECHNOLOGIES, INC.的1.4倍（$501.3M vs $349.1M），FirstCash Holdings, Inc.净利率更高（20.8% vs -10.8%，领先31.6%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 15.6%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 13.8%）
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。
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
FCFS vs PCOR — 直观对比
营收规模更大
FCFS
是对方的1.4倍
$349.1M
营收增速更快
FCFS
高出5.6%
15.6%
净利率更高
FCFS
高出31.6%
-10.8%
两年增速更快
FCFS
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $349.1M |
| 净利润 | $104.2M | $-37.6M |
| 毛利率 | — | 80.1% |
| 营业利润率 | 28.5% | -12.3% |
| 净利率 | 20.8% | -10.8% |
| 营收同比 | 21.2% | 15.6% |
| 净利润同比 | 24.7% | 39.6% |
| 每股收益（稀释后） | $2.35 | $-0.25 |
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FCFSPCOR
| Q4 25 | $501.3M | $349.1M | ||
| Q3 25 | $411.0M | $338.9M | ||
| Q2 25 | $385.1M | $323.9M | ||
| Q1 25 | $371.1M | $310.6M | ||
| Q4 24 | $413.7M | $302.0M | ||
| Q3 24 | $363.1M | $295.9M | ||
| Q2 24 | $363.5M | $284.3M | ||
| Q1 24 | $366.8M | $269.4M |
净利润FCFSPCOR
| Q4 25 | $104.2M | $-37.6M | ||
| Q3 25 | $82.8M | $-9.1M | ||
| Q2 25 | $59.8M | $-21.1M | ||
| Q1 25 | $83.6M | $-33.0M | ||
| Q4 24 | $83.5M | $-62.3M | ||
| Q3 24 | $64.8M | $-26.4M | ||
| Q2 24 | $49.1M | $-6.3M | ||
| Q1 24 | $61.4M | $-11.0M |
毛利率FCFSPCOR
| Q4 25 | — | 80.1% | ||
| Q3 25 | — | 79.7% | ||
| Q2 25 | — | 79.1% | ||
| Q1 25 | — | 79.1% | ||
| Q4 24 | — | 81.2% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | — | 83.1% | ||
| Q1 24 | — | 83.0% |
营业利润率FCFSPCOR
| Q4 25 | 28.5% | -12.3% | ||
| Q3 25 | 27.4% | -4.4% | ||
| Q2 25 | 21.1% | -9.3% | ||
| Q1 25 | 30.0% | -11.7% | ||
| Q4 24 | 26.5% | -21.9% | ||
| Q3 24 | 23.5% | -12.3% | ||
| Q2 24 | 18.2% | -5.2% | ||
| Q1 24 | 22.3% | -7.0% |
净利率FCFSPCOR
| Q4 25 | 20.8% | -10.8% | ||
| Q3 25 | 20.1% | -2.7% | ||
| Q2 25 | 15.5% | -6.5% | ||
| Q1 25 | 22.5% | -10.6% | ||
| Q4 24 | 20.2% | -20.6% | ||
| Q3 24 | 17.9% | -8.9% | ||
| Q2 24 | 13.5% | -2.2% | ||
| Q1 24 | 16.7% | -4.1% |
每股收益（稀释后）FCFSPCOR
| Q4 25 | $2.35 | $-0.25 | ||
| Q3 25 | $1.86 | $-0.06 | ||
| Q2 25 | $1.34 | $-0.14 | ||
| Q1 25 | $1.87 | $-0.22 | ||
| Q4 24 | $1.86 | $-0.42 | ||
| Q3 24 | $1.44 | $-0.18 | ||
| Q2 24 | $1.08 | $-0.04 | ||
| Q1 24 | $1.35 | $-0.08 |
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 | $768.5M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $1.3B |
| 总资产 | $5.3B | $2.2B |
| 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FCFSPCOR
| Q4 25 | $125.2M | $768.5M | ||
| Q3 25 | $130.2M | $684.0M | ||
| Q2 25 | $101.5M | $620.9M | ||
| Q1 25 | $146.0M | $566.7M | ||
| Q4 24 | $175.1M | $775.4M | ||
| Q3 24 | $106.3M | $756.9M | ||
| Q2 24 | $113.7M | $735.4M | ||
| Q1 24 | $135.1M | $744.6M |
总债务FCFSPCOR
| 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FCFSPCOR
| Q4 25 | $2.3B | $1.3B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $2.0B | $1.3B | ||
| Q1 24 | $2.0B | $1.2B |
总资产FCFSPCOR
| Q4 25 | $5.3B | $2.2B | ||
| Q3 25 | $5.2B | $2.1B | ||
| Q2 25 | $4.5B | $2.0B | ||
| Q1 25 | $4.4B | $1.9B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $4.4B | $2.0B | ||
| Q2 24 | $4.3B | $2.0B | ||
| Q1 24 | $4.2B | $1.9B |
负债/权益比FCFSPCOR
| 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 | $114.9M |
| 自由现金流经营现金流 - 资本支出 | — | $109.2M |
| 自由现金流率自由现金流/营收 | — | 31.3% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $282.2M |
8季度趋势，按日历期对齐
经营现金流FCFSPCOR
| Q4 25 | $206.6M | $114.9M | ||
| Q3 25 | $135.8M | $88.5M | ||
| Q2 25 | $116.9M | $30.8M | ||
| Q1 25 | $126.6M | $66.0M | ||
| Q4 24 | $198.1M | $29.1M | ||
| Q3 24 | $113.1M | $39.3M | ||
| Q2 24 | $106.2M | $58.7M | ||
| Q1 24 | $122.5M | $69.1M |
自由现金流FCFSPCOR
| Q4 25 | — | $109.2M | ||
| Q3 25 | — | $83.1M | ||
| Q2 25 | — | $27.9M | ||
| Q1 25 | — | $62.0M | ||
| Q4 24 | — | $17.4M | ||
| Q3 24 | — | $35.7M | ||
| Q2 24 | — | $56.8M | ||
| Q1 24 | — | $67.1M |
自由现金流率FCFSPCOR
| Q4 25 | — | 31.3% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 12.1% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | 24.9% |
资本支出强度FCFSPCOR
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.8% |
现金转化率FCFSPCOR
| 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× | — | ||
| 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% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
