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FirstCash Holdings, Inc.（FCFS）与Regency Centers（REG）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Regency Centers的1.2倍（$501.3M vs $404.2M），Regency Centers净利率更高（50.1% vs 20.8%，领先29.3%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 8.5%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 5.4%）
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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
FCFS vs REG — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$404.2M
营收增速更快
FCFS
高出12.7%
8.5%
净利率更高
REG
高出29.3%
20.8%
两年增速更快
FCFS
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $404.2M |
| 净利润 | $104.2M | $202.5M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 71.0% |
| 净利率 | 20.8% | 50.1% |
| 营收同比 | 21.2% | 8.5% |
| 净利润同比 | 24.7% | 134.1% |
| 每股收益（稀释后） | $2.35 | — |
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FCFSREG
| Q4 25 | $501.3M | $404.2M | ||
| Q3 25 | $411.0M | $387.6M | ||
| Q2 25 | $385.1M | $380.8M | ||
| Q1 25 | $371.1M | $380.9M | ||
| Q4 24 | $413.7M | $372.5M | ||
| Q3 24 | $363.1M | $360.3M | ||
| Q2 24 | $363.5M | $357.3M | ||
| Q1 24 | $366.8M | $363.9M |
净利润FCFSREG
| Q4 25 | $104.2M | $202.5M | ||
| Q3 25 | $82.8M | $109.4M | ||
| Q2 25 | $59.8M | $106.0M | ||
| Q1 25 | $83.6M | $109.6M | ||
| Q4 24 | $83.5M | $86.5M | ||
| Q3 24 | $64.8M | $101.5M | ||
| Q2 24 | $49.1M | $102.7M | ||
| Q1 24 | $61.4M | $109.8M |
营业利润率FCFSREG
| Q4 25 | 28.5% | 71.0% | ||
| Q3 25 | 27.4% | 72.7% | ||
| Q2 25 | 21.1% | 73.8% | ||
| Q1 25 | 30.0% | 71.8% | ||
| Q4 24 | 26.5% | 71.1% | ||
| Q3 24 | 23.5% | 72.5% | ||
| Q2 24 | 18.2% | 72.3% | ||
| Q1 24 | 22.3% | 72.3% |
净利率FCFSREG
| Q4 25 | 20.8% | 50.1% | ||
| Q3 25 | 20.1% | 28.2% | ||
| Q2 25 | 15.5% | 27.8% | ||
| Q1 25 | 22.5% | 28.8% | ||
| Q4 24 | 20.2% | 23.2% | ||
| Q3 24 | 17.9% | 28.2% | ||
| Q2 24 | 13.5% | 28.7% | ||
| Q1 24 | 16.7% | 30.2% |
每股收益（稀释后）FCFSREG
| Q4 25 | $2.35 | — | ||
| Q3 25 | $1.86 | — | ||
| Q2 25 | $1.34 | — | ||
| Q1 25 | $1.87 | — | ||
| Q4 24 | $1.86 | — | ||
| Q3 24 | $1.44 | — | ||
| Q2 24 | $1.08 | — | ||
| Q1 24 | $1.35 | — |
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 | — |
| 总债务越低越好 | $2.2B | $4.7B |
| 股东权益账面价值 | $2.3B | $6.9B |
| 总资产 | $5.3B | $13.0B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资FCFSREG
| Q4 25 | $125.2M | — | ||
| Q3 25 | $130.2M | — | ||
| Q2 25 | $101.5M | — | ||
| Q1 25 | $146.0M | — | ||
| Q4 24 | $175.1M | — | ||
| Q3 24 | $106.3M | — | ||
| Q2 24 | $113.7M | — | ||
| Q1 24 | $135.1M | — |
总债务FCFSREG
| Q4 25 | $2.2B | $4.7B | ||
| Q3 25 | $2.2B | $4.9B | ||
| Q2 25 | $1.7B | $4.8B | ||
| Q1 25 | $1.7B | $4.6B | ||
| Q4 24 | $1.7B | $4.4B | ||
| Q3 24 | $1.7B | $4.4B | ||
| Q2 24 | $1.7B | $4.4B | ||
| Q1 24 | $1.5B | $4.4B |
股东权益FCFSREG
| Q4 25 | $2.3B | $6.9B | ||
| Q3 25 | $2.2B | $6.8B | ||
| Q2 25 | $2.1B | $6.7B | ||
| Q1 25 | $2.1B | $6.7B | ||
| Q4 24 | $2.1B | $6.7B | ||
| Q3 24 | $2.0B | $6.8B | ||
| Q2 24 | $2.0B | $6.8B | ||
| Q1 24 | $2.0B | $7.0B |
总资产FCFSREG
| Q4 25 | $5.3B | $13.0B | ||
| Q3 25 | $5.2B | $13.1B | ||
| Q2 25 | $4.5B | $12.7B | ||
| Q1 25 | $4.4B | $12.6B | ||
| Q4 24 | $4.5B | $12.4B | ||
| Q3 24 | $4.4B | $12.4B | ||
| Q2 24 | $4.3B | $12.4B | ||
| Q1 24 | $4.2B | $12.7B |
负债/权益比FCFSREG
| Q4 25 | 0.98× | 0.69× | ||
| Q3 25 | 1.01× | 0.72× | ||
| Q2 25 | 0.79× | 0.72× | ||
| Q1 25 | 0.83× | 0.69× | ||
| Q4 24 | 0.85× | 0.66× | ||
| Q3 24 | 0.87× | 0.65× | ||
| Q2 24 | 0.85× | 0.64× | ||
| Q1 24 | 0.75× | 0.63× |
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 | $203.9M |
| 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× | 1.01× |
| 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FCFSREG
| Q4 25 | $206.6M | $203.9M | ||
| Q3 25 | $135.8M | $218.7M | ||
| Q2 25 | $116.9M | $244.0M | ||
| Q1 25 | $126.6M | $161.0M | ||
| Q4 24 | $198.1M | $191.4M | ||
| Q3 24 | $113.1M | $227.6M | ||
| Q2 24 | $106.2M | $203.5M | ||
| Q1 24 | $122.5M | $167.8M |
现金转化率FCFSREG
| Q4 25 | 1.98× | 1.01× | ||
| Q3 25 | 1.64× | 2.00× | ||
| Q2 25 | 1.95× | 2.30× | ||
| Q1 25 | 1.51× | 1.47× | ||
| Q4 24 | 2.37× | 2.21× | ||
| Q3 24 | 1.74× | 2.24× | ||
| Q2 24 | 2.16× | 1.98× | ||
| Q1 24 | 2.00× | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
