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FirstCash Holdings, Inc.（FCFS）与STEWART INFORMATION SERVICES CORP（STC）财务数据对比。点击上方公司名可切换其他公司
STEWART INFORMATION SERVICES CORP的季度营收约是FirstCash Holdings, Inc.的1.5倍（$764.6M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs 2.2%，领先18.6%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 21.2%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 12.7%）
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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
FCFS vs STC — 直观对比
营收规模更大
STC
是对方的1.5倍
$501.3M
营收增速更快
STC
高出6.5%
21.2%
净利率更高
FCFS
高出18.6%
2.2%
两年增速更快
FCFS
近两年复合增速
12.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $764.6M |
| 净利润 | $104.2M | $17.0M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | — |
| 净利率 | 20.8% | 2.2% |
| 营收同比 | 21.2% | 27.7% |
| 净利润同比 | 24.7% | 448.4% |
| 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FCFSSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $501.3M | $790.6M | ||
| Q3 25 | $411.0M | $796.9M | ||
| Q2 25 | $385.1M | $722.2M | ||
| Q1 25 | $371.1M | $612.0M | ||
| Q4 24 | $413.7M | $665.9M | ||
| Q3 24 | $363.1M | $667.9M | ||
| Q2 24 | $363.5M | $602.2M |
净利润FCFSSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $104.2M | $36.3M | ||
| Q3 25 | $82.8M | $44.3M | ||
| Q2 25 | $59.8M | $31.9M | ||
| Q1 25 | $83.6M | $3.1M | ||
| Q4 24 | $83.5M | $22.7M | ||
| Q3 24 | $64.8M | $30.1M | ||
| Q2 24 | $49.1M | $17.3M |
营业利润率FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | 28.5% | 6.5% | ||
| Q3 25 | 27.4% | 7.7% | ||
| Q2 25 | 21.1% | 6.5% | ||
| Q1 25 | 30.0% | 1.0% | ||
| Q4 24 | 26.5% | 5.3% | ||
| Q3 24 | 23.5% | 6.4% | ||
| Q2 24 | 18.2% | 4.8% |
净利率FCFSSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 20.8% | 4.6% | ||
| Q3 25 | 20.1% | 5.6% | ||
| Q2 25 | 15.5% | 4.4% | ||
| Q1 25 | 22.5% | 0.5% | ||
| Q4 24 | 20.2% | 3.4% | ||
| Q3 24 | 17.9% | 4.5% | ||
| Q2 24 | 13.5% | 2.9% |
每股收益（稀释后）FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | $2.35 | $1.26 | ||
| Q3 25 | $1.86 | $1.55 | ||
| Q2 25 | $1.34 | $1.13 | ||
| Q1 25 | $1.87 | $0.11 | ||
| Q4 24 | $1.86 | $0.81 | ||
| Q3 24 | $1.44 | $1.07 | ||
| Q2 24 | $1.08 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | — |
| 总资产 | $5.3B | — |
| 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FCFSSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $125.2M | $369.7M | ||
| Q3 25 | $130.2M | $233.2M | ||
| Q2 25 | $101.5M | $223.8M | ||
| Q1 25 | $146.0M | $194.2M | ||
| Q4 24 | $175.1M | $257.5M | ||
| Q3 24 | $106.3M | $228.7M | ||
| Q2 24 | $113.7M | $176.7M |
总债务FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $445.8M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — |
股东权益FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.0B | $1.4B |
总资产FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | $5.3B | $3.3B | ||
| Q3 25 | $5.2B | $2.8B | ||
| Q2 25 | $4.5B | $2.8B | ||
| Q1 25 | $4.4B | $2.7B | ||
| Q4 24 | $4.5B | $2.7B | ||
| Q3 24 | $4.4B | $2.7B | ||
| Q2 24 | $4.3B | $2.6B |
负债/权益比FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | 0.32× | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — |
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 | — |
| 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× | — |
| 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FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | $206.6M | $89.5M | ||
| Q3 25 | $135.8M | $92.6M | ||
| Q2 25 | $116.9M | $53.4M | ||
| Q1 25 | $126.6M | $-29.9M | ||
| Q4 24 | $198.1M | $68.0M | ||
| Q3 24 | $113.1M | $76.1M | ||
| Q2 24 | $106.2M | $21.1M |
自由现金流FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | — | $62.3M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | — | $38.7M | ||
| Q1 25 | — | $-42.2M | ||
| Q4 24 | — | $55.6M | ||
| Q3 24 | — | $67.4M | ||
| Q2 24 | — | $11.9M |
自由现金流率FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | -6.9% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 2.0% |
资本支出强度FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.5% |
现金转化率FCFSSTC
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.47× | ||
| Q3 25 | 1.64× | 2.09× | ||
| Q2 25 | 1.95× | 1.67× | ||
| Q1 25 | 1.51× | -9.73× | ||
| Q4 24 | 2.37× | 2.99× | ||
| Q3 24 | 1.74× | 2.53× | ||
| Q2 24 | 2.16× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
