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FirstCash Holdings, Inc.（FCFS）与ProPetro Holding Corp.（PUMP）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ProPetro Holding Corp.的1.7倍（$501.3M vs $289.7M），FirstCash Holdings, Inc.同比增速更快（21.2% vs -9.6%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs -15.5%）
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。
ProPetro Holding Corp.是一家总部位于美国的油田服务供应商，主要为陆上油气勘探开采企业提供水力压裂、完井及相关配套服务，核心业务集中在横跨德克萨斯州和新墨西哥州的二叠纪盆地。
FCFS vs PUMP — 直观对比
营收规模更大
FCFS
是对方的1.7倍
$289.7M
营收增速更快
FCFS
高出30.8%
-9.6%
两年增速更快
FCFS
近两年复合增速
-15.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $289.7M |
| 净利润 | $104.2M | — |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 2.1% |
| 净利率 | 20.8% | — |
| 营收同比 | 21.2% | -9.6% |
| 净利润同比 | 24.7% | — |
| 每股收益（稀释后） | $2.35 | $0.01 |
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FCFSPUMP
| Q4 25 | $501.3M | $289.7M | ||
| Q3 25 | $411.0M | $293.9M | ||
| Q2 25 | $385.1M | $326.2M | ||
| Q1 25 | $371.1M | $359.4M | ||
| Q4 24 | $413.7M | $320.6M | ||
| Q3 24 | $363.1M | $360.9M | ||
| Q2 24 | $363.5M | $357.0M | ||
| Q1 24 | $366.8M | $405.8M |
净利润FCFSPUMP
| Q4 25 | $104.2M | — | ||
| Q3 25 | $82.8M | $-2.4M | ||
| Q2 25 | $59.8M | $-7.2M | ||
| Q1 25 | $83.6M | $9.6M | ||
| Q4 24 | $83.5M | — | ||
| Q3 24 | $64.8M | $-137.1M | ||
| Q2 24 | $49.1M | $-3.7M | ||
| Q1 24 | $61.4M | $19.9M |
营业利润率FCFSPUMP
| Q4 25 | 28.5% | 2.1% | ||
| Q3 25 | 27.4% | -2.1% | ||
| Q2 25 | 21.1% | -1.0% | ||
| Q1 25 | 30.0% | 2.6% | ||
| Q4 24 | 26.5% | -5.8% | ||
| Q3 24 | 23.5% | -49.4% | ||
| Q2 24 | 18.2% | -0.1% | ||
| Q1 24 | 22.3% | 7.5% |
净利率FCFSPUMP
| Q4 25 | 20.8% | — | ||
| Q3 25 | 20.1% | -0.8% | ||
| Q2 25 | 15.5% | -2.2% | ||
| Q1 25 | 22.5% | 2.7% | ||
| Q4 24 | 20.2% | — | ||
| Q3 24 | 17.9% | -38.0% | ||
| Q2 24 | 13.5% | -1.0% | ||
| Q1 24 | 16.7% | 4.9% |
每股收益（稀释后）FCFSPUMP
| Q4 25 | $2.35 | $0.01 | ||
| Q3 25 | $1.86 | $-0.02 | ||
| Q2 25 | $1.34 | $-0.07 | ||
| Q1 25 | $1.87 | $0.09 | ||
| Q4 24 | $1.86 | $-0.14 | ||
| Q3 24 | $1.44 | $-1.32 | ||
| Q2 24 | $1.08 | $-0.03 | ||
| Q1 24 | $1.35 | $0.18 |
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 | $91.3M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $829.8M |
| 总资产 | $5.3B | $1.3B |
| 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FCFSPUMP
| Q4 25 | $125.2M | $91.3M | ||
| Q3 25 | $130.2M | $76.7M | ||
| Q2 25 | $101.5M | $83.0M | ||
| Q1 25 | $146.0M | $71.4M | ||
| Q4 24 | $175.1M | $58.3M | ||
| Q3 24 | $106.3M | $54.0M | ||
| Q2 24 | $113.7M | $74.7M | ||
| Q1 24 | $135.1M | $53.6M |
总债务FCFSPUMP
| 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FCFSPUMP
| Q4 25 | $2.3B | $829.8M | ||
| Q3 25 | $2.2B | $826.2M | ||
| Q2 25 | $2.1B | $824.0M | ||
| Q1 25 | $2.1B | $826.5M | ||
| Q4 24 | $2.1B | $816.3M | ||
| Q3 24 | $2.0B | $833.0M | ||
| Q2 24 | $2.0B | $975.8M | ||
| Q1 24 | $2.0B | $998.2M |
总资产FCFSPUMP
| Q4 25 | $5.3B | $1.3B | ||
| Q3 25 | $5.2B | $1.3B | ||
| Q2 25 | $4.5B | $1.2B | ||
| Q1 25 | $4.4B | $1.2B | ||
| Q4 24 | $4.5B | $1.2B | ||
| Q3 24 | $4.4B | $1.3B | ||
| Q2 24 | $4.3B | $1.5B | ||
| Q1 24 | $4.2B | $1.2B |
负债/权益比FCFSPUMP
| 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 | $81.0M |
| 自由现金流经营现金流 - 资本支出 | — | $16.8M |
| 自由现金流率自由现金流/营收 | — | 5.8% |
| 资本支出强度资本支出/营收 | — | 22.2% |
| 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 | — | $45.3M |
8季度趋势，按日历期对齐
经营现金流FCFSPUMP
| Q4 25 | $206.6M | $81.0M | ||
| Q3 25 | $135.8M | $41.7M | ||
| Q2 25 | $116.9M | $54.2M | ||
| Q1 25 | $126.6M | $54.7M | ||
| Q4 24 | $198.1M | $37.9M | ||
| Q3 24 | $113.1M | $34.7M | ||
| Q2 24 | $106.2M | $104.9M | ||
| Q1 24 | $122.5M | $74.8M |
自由现金流FCFSPUMP
| Q4 25 | — | $16.8M | ||
| Q3 25 | — | $-2.4M | ||
| Q2 25 | — | $17.1M | ||
| Q1 25 | — | $13.8M | ||
| Q4 24 | — | $10.0M | ||
| Q3 24 | — | $-6.0M | ||
| Q2 24 | — | $67.7M | ||
| Q1 24 | — | $40.2M |
自由现金流率FCFSPUMP
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | -0.8% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | 19.0% | ||
| Q1 24 | — | 9.9% |
资本支出强度FCFSPUMP
| Q4 25 | — | 22.2% | ||
| Q3 25 | — | 15.0% | ||
| Q2 25 | — | 11.4% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 11.3% | ||
| Q2 24 | — | 10.4% | ||
| Q1 24 | — | 8.5% |
现金转化率FCFSPUMP
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | — | ||
| Q1 25 | 1.51× | 5.70× | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | — | ||
| Q1 24 | 2.00× | 3.75× |
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% |
PUMP
| Hydraulic Fracturing Segment | $203.9M | 70% |
| Wireline Operating Segment | $55.4M | 19% |
| Cementing Operating Segment | $29.6M | 10% |
