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FirstCash Holdings, Inc.（FCFS）与BOSTON BEER CO INC（SAM）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BOSTON BEER CO INC的1.3倍（$501.3M vs $385.7M），FirstCash Holdings, Inc.净利率更高（20.8% vs -5.8%，领先26.6%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -4.1%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs -4.9%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
FCFS vs SAM — 直观对比
营收规模更大
FCFS
是对方的1.3倍
$385.7M
营收增速更快
FCFS
高出25.3%
-4.1%
净利率更高
FCFS
高出26.6%
-5.8%
两年增速更快
FCFS
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $385.7M |
| 净利润 | $104.2M | $-22.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 28.5% | -8.6% |
| 净利率 | 20.8% | -5.8% |
| 营收同比 | 21.2% | -4.1% |
| 净利润同比 | 24.7% | 41.9% |
| 每股收益（稀释后） | $2.35 | $-1.97 |
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FCFSSAM
| Q4 25 | $501.3M | $385.7M | ||
| Q3 25 | $411.0M | $537.5M | ||
| Q2 25 | $385.1M | $587.9M | ||
| Q1 25 | $371.1M | $453.9M | ||
| Q4 24 | $413.7M | $402.3M | ||
| Q3 24 | $363.1M | $605.5M | ||
| Q2 24 | $363.5M | $579.1M | ||
| Q1 24 | $366.8M | $426.1M |
净利润FCFSSAM
| Q4 25 | $104.2M | $-22.5M | ||
| Q3 25 | $82.8M | $46.2M | ||
| Q2 25 | $59.8M | $60.4M | ||
| Q1 25 | $83.6M | $24.4M | ||
| Q4 24 | $83.5M | $-38.8M | ||
| Q3 24 | $64.8M | $33.5M | ||
| Q2 24 | $49.1M | $52.3M | ||
| Q1 24 | $61.4M | $12.6M |
毛利率FCFSSAM
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | 46.0% | ||
| Q1 24 | — | 43.7% |
营业利润率FCFSSAM
| Q4 25 | 28.5% | -8.6% | ||
| Q3 25 | 27.4% | 11.5% | ||
| Q2 25 | 21.1% | 14.0% | ||
| Q1 25 | 30.0% | 7.4% | ||
| Q4 24 | 26.5% | -13.9% | ||
| Q3 24 | 23.5% | 7.6% | ||
| Q2 24 | 18.2% | 12.2% | ||
| Q1 24 | 22.3% | 3.6% |
净利率FCFSSAM
| Q4 25 | 20.8% | -5.8% | ||
| Q3 25 | 20.1% | 8.6% | ||
| Q2 25 | 15.5% | 10.3% | ||
| Q1 25 | 22.5% | 5.4% | ||
| Q4 24 | 20.2% | -9.6% | ||
| Q3 24 | 17.9% | 5.5% | ||
| Q2 24 | 13.5% | 9.0% | ||
| Q1 24 | 16.7% | 3.0% |
每股收益（稀释后）FCFSSAM
| Q4 25 | $2.35 | $-1.97 | ||
| Q3 25 | $1.86 | $4.25 | ||
| Q2 25 | $1.34 | $5.45 | ||
| Q1 25 | $1.87 | $2.16 | ||
| Q4 24 | $1.86 | $-3.23 | ||
| Q3 24 | $1.44 | $2.86 | ||
| Q2 24 | $1.08 | $4.39 | ||
| Q1 24 | $1.35 | $1.04 |
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 | $223.4M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $846.3M |
| 总资产 | $5.3B | $1.2B |
| 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FCFSSAM
| Q4 25 | $125.2M | $223.4M | ||
| Q3 25 | $130.2M | $250.5M | ||
| Q2 25 | $101.5M | $212.4M | ||
| Q1 25 | $146.0M | $152.5M | ||
| Q4 24 | $175.1M | $211.8M | ||
| Q3 24 | $106.3M | $255.6M | ||
| Q2 24 | $113.7M | $219.3M | ||
| Q1 24 | $135.1M | $205.4M |
总债务FCFSSAM
| 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FCFSSAM
| Q4 25 | $2.3B | $846.3M | ||
| Q3 25 | $2.2B | $911.0M | ||
| Q2 25 | $2.1B | $912.3M | ||
| Q1 25 | $2.1B | $897.0M | ||
| Q4 24 | $2.1B | $916.2M | ||
| Q3 24 | $2.0B | $1.0B | ||
| Q2 24 | $2.0B | $1.0B | ||
| Q1 24 | $2.0B | $1.0B |
总资产FCFSSAM
| Q4 25 | $5.3B | $1.2B | ||
| Q3 25 | $5.2B | $1.2B | ||
| Q2 25 | $4.5B | $1.3B | ||
| Q1 25 | $4.4B | $1.2B | ||
| Q4 24 | $4.5B | $1.3B | ||
| Q3 24 | $4.4B | $1.4B | ||
| Q2 24 | $4.3B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
负债/权益比FCFSSAM
| 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 | $39.9M |
| 自由现金流经营现金流 - 资本支出 | — | $22.1M |
| 自由现金流率自由现金流/营收 | — | 5.7% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 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 | — | $215.6M |
8季度趋势，按日历期对齐
经营现金流FCFSSAM
| Q4 25 | $206.6M | $39.9M | ||
| Q3 25 | $135.8M | $101.8M | ||
| Q2 25 | $116.9M | $126.5M | ||
| Q1 25 | $126.6M | $1.9M | ||
| Q4 24 | $198.1M | $41.9M | ||
| Q3 24 | $113.1M | $115.9M | ||
| Q2 24 | $106.2M | $96.0M | ||
| Q1 24 | $122.5M | $-4.9M |
自由现金流FCFSSAM
| Q4 25 | — | $22.1M | ||
| Q3 25 | — | $89.2M | ||
| Q2 25 | — | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | — | $75.6M | ||
| Q1 24 | — | $-20.6M |
自由现金流率FCFSSAM
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | — | -4.8% |
资本支出强度FCFSSAM
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.7% |
现金转化率FCFSSAM
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | 2.21× | ||
| Q2 25 | 1.95× | 2.09× | ||
| Q1 25 | 1.51× | 0.08× | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.74× | 3.46× | ||
| Q2 24 | 2.16× | 1.83× | ||
| Q1 24 | 2.00× | -0.39× |
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% |
SAM
暂无分部数据
