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FirstCash Holdings, Inc.（FCFS）与Walker & Dunlop, Inc.（WD）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Walker & Dunlop, Inc.的1.5倍（$501.3M vs $340.0M），FirstCash Holdings, Inc.净利率更高（20.8% vs -12.9%，领先33.7%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -0.4%），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
FCFS vs WD — 直观对比
营收规模更大
FCFS
是对方的1.5倍
$340.0M
营收增速更快
FCFS
高出21.6%
-0.4%
净利率更高
FCFS
高出33.7%
-12.9%
两年增速更快
WD
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $340.0M |
| 净利润 | $104.2M | $-13.9M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | -17.2% |
| 净利率 | 20.8% | -12.9% |
| 营收同比 | 21.2% | -0.4% |
| 净利润同比 | 24.7% | -131.0% |
| 每股收益（稀释后） | $2.35 | $-0.41 |
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FCFSWD
| Q4 25 | $501.3M | $340.0M | ||
| Q3 25 | $411.0M | $337.7M | ||
| Q2 25 | $385.1M | $319.2M | ||
| Q1 25 | $371.1M | $237.4M | ||
| Q4 24 | $413.7M | $341.5M | ||
| Q3 24 | $363.1M | $292.3M | ||
| Q2 24 | $363.5M | $270.7M | ||
| Q1 24 | $366.8M | $228.1M |
净利润FCFSWD
| Q4 25 | $104.2M | $-13.9M | ||
| Q3 25 | $82.8M | $33.5M | ||
| Q2 25 | $59.8M | $34.0M | ||
| Q1 25 | $83.6M | $2.8M | ||
| Q4 24 | $83.5M | $44.8M | ||
| Q3 24 | $64.8M | $28.8M | ||
| Q2 24 | $49.1M | $22.7M | ||
| Q1 24 | $61.4M | $11.9M |
营业利润率FCFSWD
| Q4 25 | 28.5% | -17.2% | ||
| Q3 25 | 27.4% | 13.6% | ||
| Q2 25 | 21.1% | 14.5% | ||
| Q1 25 | 30.0% | 2.2% | ||
| Q4 24 | 26.5% | 15.3% | ||
| Q3 24 | 23.5% | 12.8% | ||
| Q2 24 | 18.2% | 10.4% | ||
| Q1 24 | 22.3% | 6.0% |
净利率FCFSWD
| Q4 25 | 20.8% | -12.9% | ||
| Q3 25 | 20.1% | 9.9% | ||
| Q2 25 | 15.5% | 10.6% | ||
| Q1 25 | 22.5% | 1.2% | ||
| Q4 24 | 20.2% | 13.1% | ||
| Q3 24 | 17.9% | 9.9% | ||
| Q2 24 | 13.5% | 8.4% | ||
| Q1 24 | 16.7% | 5.2% |
每股收益（稀释后）FCFSWD
| Q4 25 | $2.35 | $-0.41 | ||
| Q3 25 | $1.86 | $0.98 | ||
| Q2 25 | $1.34 | $0.99 | ||
| Q1 25 | $1.87 | $0.08 | ||
| Q4 24 | $1.86 | $1.32 | ||
| Q3 24 | $1.44 | $0.85 | ||
| Q2 24 | $1.08 | $0.67 | ||
| Q1 24 | $1.35 | $0.35 |
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 | $299.3M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $1.7B |
| 总资产 | $5.3B | $5.1B |
| 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FCFSWD
| Q4 25 | $125.2M | $299.3M | ||
| Q3 25 | $130.2M | $274.8M | ||
| Q2 25 | $101.5M | $233.7M | ||
| Q1 25 | $146.0M | $181.0M | ||
| Q4 24 | $175.1M | $279.3M | ||
| Q3 24 | $106.3M | $179.8M | ||
| Q2 24 | $113.7M | $208.1M | ||
| Q1 24 | $135.1M | $216.5M |
总债务FCFSWD
| 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FCFSWD
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.0B | $1.7B | ||
| Q1 24 | $2.0B | $1.7B |
总资产FCFSWD
| Q4 25 | $5.3B | $5.1B | ||
| Q3 25 | $5.2B | $5.8B | ||
| Q2 25 | $4.5B | $4.7B | ||
| Q1 25 | $4.4B | $4.5B | ||
| Q4 24 | $4.5B | $4.4B | ||
| Q3 24 | $4.4B | $4.6B | ||
| Q2 24 | $4.3B | $4.2B | ||
| Q1 24 | $4.2B | $3.8B |
负债/权益比FCFSWD
| 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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-680.1M |
| 自由现金流率自由现金流/营收 | — | -200.0% |
| 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 | — | $-2.2B |
8季度趋势，按日历期对齐
经营现金流FCFSWD
| Q4 25 | $206.6M | $-664.3M | ||
| Q3 25 | $135.8M | $-948.1M | ||
| Q2 25 | $116.9M | $-238.5M | ||
| Q1 25 | $126.6M | $-281.1M | ||
| Q4 24 | $198.1M | $129.4M | ||
| Q3 24 | $113.1M | $-202.0M | ||
| Q2 24 | $106.2M | $-237.8M | ||
| Q1 24 | $122.5M | $38.4M |
自由现金流FCFSWD
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M | ||
| Q1 24 | — | $35.2M |
自由现金流率FCFSWD
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | 15.4% |
资本支出强度FCFSWD
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率FCFSWD
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | -28.34× | ||
| Q2 25 | 1.95× | -7.02× | ||
| Q1 25 | 1.51× | -102.07× | ||
| Q4 24 | 2.37× | 2.89× | ||
| Q3 24 | 1.74× | -7.01× | ||
| Q2 24 | 2.16× | -10.49× | ||
| Q1 24 | 2.00× | 3.24× |
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% |
WD
暂无分部数据
