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FirstCash Holdings, Inc.（FCFS）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是猫途鹰的1.2倍（$501.3M vs $411.0M），FirstCash Holdings, Inc.净利率更高（20.8% vs -9.2%，领先30.0%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 0.0%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 2.0%）
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。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
FCFS vs TRIP — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$411.0M
营收增速更快
FCFS
高出21.2%
0.0%
净利率更高
FCFS
高出30.0%
-9.2%
两年增速更快
FCFS
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $411.0M |
| 净利润 | $104.2M | $-38.0M |
| 毛利率 | — | 91.5% |
| 营业利润率 | 28.5% | -8.3% |
| 净利率 | 20.8% | -9.2% |
| 营收同比 | 21.2% | 0.0% |
| 净利润同比 | 24.7% | -3900.0% |
| 每股收益（稀释后） | $2.35 | $-0.32 |
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FCFSTRIP
| Q4 25 | $501.3M | $411.0M | ||
| Q3 25 | $411.0M | $553.0M | ||
| Q2 25 | $385.1M | $529.0M | ||
| Q1 25 | $371.1M | $398.0M | ||
| Q4 24 | $413.7M | $411.0M | ||
| Q3 24 | $363.1M | $532.0M | ||
| Q2 24 | $363.5M | $497.0M | ||
| Q1 24 | $366.8M | $395.0M |
净利润FCFSTRIP
| Q4 25 | $104.2M | $-38.0M | ||
| Q3 25 | $82.8M | $53.0M | ||
| Q2 25 | $59.8M | $36.0M | ||
| Q1 25 | $83.6M | $-11.0M | ||
| Q4 24 | $83.5M | $1.0M | ||
| Q3 24 | $64.8M | $39.0M | ||
| Q2 24 | $49.1M | $24.0M | ||
| Q1 24 | $61.4M | $-59.0M |
毛利率FCFSTRIP
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% | ||
| Q1 24 | — | 93.7% |
营业利润率FCFSTRIP
| Q4 25 | 28.5% | -8.3% | ||
| Q3 25 | 27.4% | 12.7% | ||
| Q2 25 | 21.1% | 11.2% | ||
| Q1 25 | 30.0% | -3.8% | ||
| Q4 24 | 26.5% | 0.2% | ||
| Q3 24 | 23.5% | 13.2% | ||
| Q2 24 | 18.2% | 7.2% | ||
| Q1 24 | 22.3% | -3.8% |
净利率FCFSTRIP
| Q4 25 | 20.8% | -9.2% | ||
| Q3 25 | 20.1% | 9.6% | ||
| Q2 25 | 15.5% | 6.8% | ||
| Q1 25 | 22.5% | -2.8% | ||
| Q4 24 | 20.2% | 0.2% | ||
| Q3 24 | 17.9% | 7.3% | ||
| Q2 24 | 13.5% | 4.8% | ||
| Q1 24 | 16.7% | -14.9% |
每股收益（稀释后）FCFSTRIP
| Q4 25 | $2.35 | $-0.32 | ||
| Q3 25 | $1.86 | $0.43 | ||
| Q2 25 | $1.34 | $0.28 | ||
| Q1 25 | $1.87 | $-0.08 | ||
| Q4 24 | $1.86 | $0.03 | ||
| Q3 24 | $1.44 | $0.27 | ||
| Q2 24 | $1.08 | $0.17 | ||
| Q1 24 | $1.35 | $-0.43 |
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 | $1.0B |
| 总债务越低越好 | $2.2B | $819.0M |
| 股东权益账面价值 | $2.3B | $645.0M |
| 总资产 | $5.3B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.98× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资FCFSTRIP
| Q4 25 | $125.2M | $1.0B | ||
| Q3 25 | $130.2M | $1.2B | ||
| Q2 25 | $101.5M | $1.2B | ||
| Q1 25 | $146.0M | $1.2B | ||
| Q4 24 | $175.1M | $1.1B | ||
| Q3 24 | $106.3M | $1.1B | ||
| Q2 24 | $113.7M | $1.2B | ||
| Q1 24 | $135.1M | $1.2B |
总债务FCFSTRIP
| Q4 25 | $2.2B | $819.0M | ||
| Q3 25 | $2.2B | $821.0M | ||
| Q2 25 | $1.7B | $822.0M | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.7B | $831.0M | ||
| Q3 24 | $1.7B | $832.0M | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
股东权益FCFSTRIP
| Q4 25 | $2.3B | $645.0M | ||
| Q3 25 | $2.2B | $707.0M | ||
| Q2 25 | $2.1B | $627.0M | ||
| Q1 25 | $2.1B | $643.0M | ||
| Q4 24 | $2.1B | $943.0M | ||
| Q3 24 | $2.0B | $944.0M | ||
| Q2 24 | $2.0B | $857.0M | ||
| Q1 24 | $2.0B | $825.0M |
总资产FCFSTRIP
| Q4 25 | $5.3B | $2.6B | ||
| Q3 25 | $5.2B | $2.8B | ||
| Q2 25 | $4.5B | $2.9B | ||
| Q1 25 | $4.4B | $2.8B | ||
| Q4 24 | $4.5B | $2.6B | ||
| Q3 24 | $4.4B | $2.7B | ||
| Q2 24 | $4.3B | $2.8B | ||
| Q1 24 | $4.2B | $2.7B |
负债/权益比FCFSTRIP
| Q4 25 | 0.98× | 1.27× | ||
| Q3 25 | 1.01× | 1.16× | ||
| Q2 25 | 0.79× | 1.31× | ||
| Q1 25 | 0.83× | 1.81× | ||
| Q4 24 | 0.85× | 0.88× | ||
| Q3 24 | 0.87× | 0.88× | ||
| 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 | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-122.0M |
| 自由现金流率自由现金流/营收 | — | -29.7% |
| 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 | — | $163.0M |
8季度趋势，按日历期对齐
经营现金流FCFSTRIP
| Q4 25 | $206.6M | $-103.0M | ||
| Q3 25 | $135.8M | $44.0M | ||
| Q2 25 | $116.9M | $202.0M | ||
| Q1 25 | $126.6M | $102.0M | ||
| Q4 24 | $198.1M | $-3.0M | ||
| Q3 24 | $113.1M | $-43.0M | ||
| Q2 24 | $106.2M | $51.0M | ||
| Q1 24 | $122.5M | $139.0M |
自由现金流FCFSTRIP
| Q4 25 | — | $-122.0M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $177.0M | ||
| Q1 25 | — | $83.0M | ||
| Q4 24 | — | $-26.0M | ||
| Q3 24 | — | $-63.0M | ||
| Q2 24 | — | $36.0M | ||
| Q1 24 | — | $123.0M |
自由现金流率FCFSTRIP
| Q4 25 | — | -29.7% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 33.5% | ||
| Q1 25 | — | 20.9% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | -11.8% | ||
| Q2 24 | — | 7.2% | ||
| Q1 24 | — | 31.1% |
资本支出强度FCFSTRIP
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 4.1% |
现金转化率FCFSTRIP
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | 0.83× | ||
| Q2 25 | 1.95× | 5.61× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | -3.00× | ||
| Q3 24 | 1.74× | -1.10× | ||
| Q2 24 | 2.16× | 2.13× | ||
| Q1 24 | 2.00× | — |
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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
