vs
FirstCash Holdings, Inc.（FCFS）与Tri Pointe Homes, Inc.（TPH）财务数据对比。点击上方公司名可切换其他公司
Tri Pointe Homes, Inc.的季度营收约是FirstCash Holdings, Inc.的1.9倍（$972.6M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs 6.2%，领先14.6%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -22.4%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 1.8%）
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。
Tri Pointe Homes, Inc.是总部位于美国内华达州inclinet村的住宅建筑企业，为购房者提供融资及保险服务，业务覆盖亚利桑那、加利福尼亚、内华达、华盛顿、科罗拉多、得克萨斯、哥伦比亚特区、马里兰、北卡罗来纳、南卡罗来纳、弗吉尼亚等地区，按房屋交付量计算是美国第18大住宅建筑商。
FCFS vs TPH — 直观对比
营收规模更大
TPH
是对方的1.9倍
$501.3M
营收增速更快
FCFS
高出43.6%
-22.4%
净利率更高
FCFS
高出14.6%
6.2%
两年增速更快
FCFS
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $972.6M |
| 净利润 | $104.2M | $60.2M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 8.1% |
| 净利率 | 20.8% | 6.2% |
| 营收同比 | 21.2% | -22.4% |
| 净利润同比 | 24.7% | -53.4% |
| 每股收益（稀释后） | $2.35 | $0.70 |
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FCFSTPH
| Q4 25 | $501.3M | $972.6M | ||
| Q3 25 | $411.0M | $854.7M | ||
| Q2 25 | $385.1M | $902.4M | ||
| Q1 25 | $371.1M | $740.9M | ||
| Q4 24 | $413.7M | $1.3B | ||
| Q3 24 | $363.1M | $1.1B | ||
| Q2 24 | $363.5M | $1.2B | ||
| Q1 24 | $366.8M | $939.4M |
净利润FCFSTPH
| Q4 25 | $104.2M | $60.2M | ||
| Q3 25 | $82.8M | $56.1M | ||
| Q2 25 | $59.8M | $60.7M | ||
| Q1 25 | $83.6M | $64.0M | ||
| Q4 24 | $83.5M | $129.2M | ||
| Q3 24 | $64.8M | $111.8M | ||
| Q2 24 | $49.1M | $118.0M | ||
| Q1 24 | $61.4M | $99.1M |
营业利润率FCFSTPH
| Q4 25 | 28.5% | 8.1% | ||
| Q3 25 | 27.4% | 8.1% | ||
| Q2 25 | 21.1% | 8.5% | ||
| Q1 25 | 30.0% | 10.4% | ||
| Q4 24 | 26.5% | 13.4% | ||
| Q3 24 | 23.5% | 12.6% | ||
| Q2 24 | 18.2% | 12.9% | ||
| Q1 24 | 22.3% | 12.3% |
净利率FCFSTPH
| Q4 25 | 20.8% | 6.2% | ||
| Q3 25 | 20.1% | 6.6% | ||
| Q2 25 | 15.5% | 6.7% | ||
| Q1 25 | 22.5% | 8.6% | ||
| Q4 24 | 20.2% | 10.3% | ||
| Q3 24 | 17.9% | 9.8% | ||
| Q2 24 | 13.5% | 10.2% | ||
| Q1 24 | 16.7% | 10.5% |
每股收益（稀释后）FCFSTPH
| Q4 25 | $2.35 | $0.70 | ||
| Q3 25 | $1.86 | $0.64 | ||
| Q2 25 | $1.34 | $0.68 | ||
| Q1 25 | $1.87 | $0.70 | ||
| Q4 24 | $1.86 | $1.37 | ||
| Q3 24 | $1.44 | $1.18 | ||
| Q2 24 | $1.08 | $1.25 | ||
| Q1 24 | $1.35 | $1.03 |
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 | $982.8M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $3.3B |
| 总资产 | $5.3B | $5.0B |
| 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FCFSTPH
| Q4 25 | $125.2M | $982.8M | ||
| Q3 25 | $130.2M | $792.0M | ||
| Q2 25 | $101.5M | $622.6M | ||
| Q1 25 | $146.0M | $812.9M | ||
| Q4 24 | $175.1M | $970.0M | ||
| Q3 24 | $106.3M | $676.0M | ||
| Q2 24 | $113.7M | $492.9M | ||
| Q1 24 | $135.1M | $944.0M |
总债务FCFSTPH
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $646.5M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
股东权益FCFSTPH
| Q4 25 | $2.3B | $3.3B | ||
| Q3 25 | $2.2B | $3.3B | ||
| Q2 25 | $2.1B | $3.3B | ||
| Q1 25 | $2.1B | $3.3B | ||
| Q4 24 | $2.1B | $3.3B | ||
| Q3 24 | $2.0B | $3.2B | ||
| Q2 24 | $2.0B | $3.1B | ||
| Q1 24 | $2.0B | $3.0B |
总资产FCFSTPH
| Q4 25 | $5.3B | $5.0B | ||
| Q3 25 | $5.2B | $5.0B | ||
| Q2 25 | $4.5B | $4.8B | ||
| Q1 25 | $4.4B | $4.8B | ||
| Q4 24 | $4.5B | $4.9B | ||
| Q3 24 | $4.4B | $4.8B | ||
| Q2 24 | $4.3B | $4.6B | ||
| Q1 24 | $4.2B | $5.0B |
负债/权益比FCFSTPH
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | 0.19× | ||
| 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 | $221.0M |
| 自由现金流经营现金流 - 资本支出 | — | $213.2M |
| 自由现金流率自由现金流/营收 | — | 21.9% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 1.98× | 3.67× |
| 过去12个月自由现金流最近4个季度 | — | $128.5M |
8季度趋势，按日历期对齐
经营现金流FCFSTPH
| Q4 25 | $206.6M | $221.0M | ||
| Q3 25 | $135.8M | $45.9M | ||
| Q2 25 | $116.9M | $-74.3M | ||
| Q1 25 | $126.6M | $-31.2M | ||
| Q4 24 | $198.1M | $360.3M | ||
| Q3 24 | $113.1M | $167.9M | ||
| Q2 24 | $106.2M | $23.1M | ||
| Q1 24 | $122.5M | $144.7M |
自由现金流FCFSTPH
| Q4 25 | — | $213.2M | ||
| Q3 25 | — | $39.1M | ||
| Q2 25 | — | $-84.5M | ||
| Q1 25 | — | $-39.3M | ||
| Q4 24 | — | $355.9M | ||
| Q3 24 | — | $161.5M | ||
| Q2 24 | — | $17.0M | ||
| Q1 24 | — | $138.3M |
自由现金流率FCFSTPH
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | -9.4% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 14.7% |
资本支出强度FCFSTPH
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.7% |
现金转化率FCFSTPH
| Q4 25 | 1.98× | 3.67× | ||
| Q3 25 | 1.64× | 0.82× | ||
| Q2 25 | 1.95× | -1.22× | ||
| Q1 25 | 1.51× | -0.49× | ||
| Q4 24 | 2.37× | 2.79× | ||
| Q3 24 | 1.74× | 1.50× | ||
| Q2 24 | 2.16× | 0.20× | ||
| Q1 24 | 2.00× | 1.46× |
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% |
TPH
| West | $547.8M | 56% |
| Central | $245.1M | 25% |
| East | $161.8M | 17% |
| Financial Services Segment | $18.0M | 2% |
| Land | $7.9M | 1% |
