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FirstCash Holdings, Inc.（FCFS）与null（SDHC）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null的1.9倍（$501.3M vs $260.4M），FirstCash Holdings, Inc.净利率更高（20.8% vs 1.4%，领先19.4%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -9.4%），过去两年null的营收复合增速更高（17.3% vs 16.9%）
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。
史密斯韦森品牌公司是美国的枪械制造商，总部位于美国田纳西州玛丽维尔，是该领域历史悠久且知名的生产企业，在民用及警用枪械市场拥有较高的认可度。
FCFS vs SDHC — 直观对比
营收规模更大
FCFS
是对方的1.9倍
$260.4M
营收增速更快
FCFS
高出30.6%
-9.4%
净利率更高
FCFS
高出19.4%
1.4%
两年增速更快
SDHC
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $260.4M |
| 净利润 | $104.2M | $3.5M |
| 毛利率 | — | 19.9% |
| 营业利润率 | 28.5% | 6.5% |
| 净利率 | 20.8% | 1.4% |
| 营收同比 | 21.2% | -9.4% |
| 净利润同比 | 24.7% | -14.3% |
| 每股收益（稀释后） | $2.35 | $0.39 |
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FCFSSDHC
| Q4 25 | $501.3M | $260.4M | ||
| Q3 25 | $411.0M | $262.0M | ||
| Q2 25 | $385.1M | $223.9M | ||
| Q1 25 | $371.1M | $224.7M | ||
| Q4 24 | $413.7M | $287.5M | ||
| Q3 24 | $363.1M | $277.8M | ||
| Q2 24 | $363.5M | $220.9M | ||
| Q1 24 | $366.8M | $189.2M |
净利润FCFSSDHC
| Q4 25 | $104.2M | $3.5M | ||
| Q3 25 | $82.8M | $2.1M | ||
| Q2 25 | $59.8M | $2.4M | ||
| Q1 25 | $83.6M | $2.7M | ||
| Q4 24 | $83.5M | $4.1M | ||
| Q3 24 | $64.8M | $5.3M | ||
| Q2 24 | $49.1M | $3.6M | ||
| Q1 24 | $61.4M | $3.0M |
毛利率FCFSSDHC
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 26.1% |
营业利润率FCFSSDHC
| Q4 25 | 28.5% | 6.5% | ||
| Q3 25 | 27.4% | 6.6% | ||
| Q2 25 | 21.1% | 7.7% | ||
| Q1 25 | 30.0% | 8.7% | ||
| Q4 24 | 26.5% | 10.4% | ||
| Q3 24 | 23.5% | 14.2% | ||
| Q2 24 | 18.2% | 11.7% | ||
| Q1 24 | 22.3% | 11.3% |
净利率FCFSSDHC
| Q4 25 | 20.8% | 1.4% | ||
| Q3 25 | 20.1% | 0.8% | ||
| Q2 25 | 15.5% | 1.1% | ||
| Q1 25 | 22.5% | 1.2% | ||
| Q4 24 | 20.2% | 1.4% | ||
| Q3 24 | 17.9% | 1.9% | ||
| Q2 24 | 13.5% | 1.7% | ||
| Q1 24 | 16.7% | 1.6% |
每股收益（稀释后）FCFSSDHC
| Q4 25 | $2.35 | $0.39 | ||
| Q3 25 | $1.86 | $0.24 | ||
| Q2 25 | $1.34 | $0.26 | ||
| Q1 25 | $1.87 | $0.30 | ||
| Q4 24 | $1.86 | $0.50 | ||
| Q3 24 | $1.44 | $0.58 | ||
| Q2 24 | $1.08 | $0.40 | ||
| Q1 24 | $1.35 | $0.33 |
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 | $12.7M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $86.7M |
| 总资产 | $5.3B | $557.6M |
| 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FCFSSDHC
| Q4 25 | $125.2M | $12.7M | ||
| Q3 25 | $130.2M | $14.8M | ||
| Q2 25 | $101.5M | $16.8M | ||
| Q1 25 | $146.0M | $12.7M | ||
| Q4 24 | $175.1M | $22.4M | ||
| Q3 24 | $106.3M | $23.7M | ||
| Q2 24 | $113.7M | $17.3M | ||
| Q1 24 | $135.1M | $32.8M |
总债务FCFSSDHC
| 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FCFSSDHC
| Q4 25 | $2.3B | $86.7M | ||
| Q3 25 | $2.2B | $82.2M | ||
| Q2 25 | $2.1B | $80.0M | ||
| Q1 25 | $2.1B | $76.9M | ||
| Q4 24 | $2.1B | $73.6M | ||
| Q3 24 | $2.0B | $68.4M | ||
| Q2 24 | $2.0B | $62.1M | ||
| Q1 24 | $2.0B | $59.7M |
总资产FCFSSDHC
| Q4 25 | $5.3B | $557.6M | ||
| Q3 25 | $5.2B | $571.6M | ||
| Q2 25 | $4.5B | $570.2M | ||
| Q1 25 | $4.4B | $513.9M | ||
| Q4 24 | $4.5B | $475.9M | ||
| Q3 24 | $4.4B | $460.1M | ||
| Q2 24 | $4.3B | $429.3M | ||
| Q1 24 | $4.2B | $401.3M |
负债/权益比FCFSSDHC
| 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 | $9.8M |
| 自由现金流经营现金流 - 资本支出 | — | $8.7M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 1.98× | 2.77× |
| 过去12个月自由现金流最近4个季度 | — | $-36.9M |
8季度趋势，按日历期对齐
经营现金流FCFSSDHC
| Q4 25 | $206.6M | $9.8M | ||
| Q3 25 | $135.8M | $22.8M | ||
| Q2 25 | $116.9M | $-28.9M | ||
| Q1 25 | $126.6M | $-34.9M | ||
| Q4 24 | $198.1M | $5.5M | ||
| Q3 24 | $113.1M | $22.9M | ||
| Q2 24 | $106.2M | $39.0K | ||
| Q1 24 | $122.5M | $-9.3M |
自由现金流FCFSSDHC
| Q4 25 | — | $8.7M | ||
| Q3 25 | — | $21.4M | ||
| Q2 25 | — | $-31.1M | ||
| Q1 25 | — | $-35.9M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | — | $22.3M | ||
| Q2 24 | — | $-2.1M | ||
| Q1 24 | — | $-9.7M |
自由现金流率FCFSSDHC
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | -13.9% | ||
| Q1 25 | — | -16.0% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | -1.0% | ||
| Q1 24 | — | -5.1% |
资本支出强度FCFSSDHC
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 0.2% |
现金转化率FCFSSDHC
| Q4 25 | 1.98× | 2.77× | ||
| Q3 25 | 1.64× | 10.70× | ||
| Q2 25 | 1.95× | -12.24× | ||
| Q1 25 | 1.51× | -13.01× | ||
| Q4 24 | 2.37× | 1.33× | ||
| Q3 24 | 1.74× | 4.28× | ||
| Q2 24 | 2.16× | 0.01× | ||
| Q1 24 | 2.00× | -3.12× |
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% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
