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FirstCash Holdings, Inc.（FCFS）与Westrock Coffee Co（WEST）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Westrock Coffee Co的1.5倍（$501.3M vs $339.5M），FirstCash Holdings, Inc.净利率更高（20.8% vs -6.6%，领先27.4%），Westrock Coffee Co同比增速更快（48.3% vs 21.2%），过去两年Westrock Coffee Co的营收复合增速更高（32.8% 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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
FCFS vs WEST — 直观对比
营收规模更大
FCFS
是对方的1.5倍
$339.5M
营收增速更快
WEST
高出27.1%
21.2%
净利率更高
FCFS
高出27.4%
-6.6%
两年增速更快
WEST
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $339.5M |
| 净利润 | $104.2M | $-22.6M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 28.5% | -2.6% |
| 净利率 | 20.8% | -6.6% |
| 营收同比 | 21.2% | 48.3% |
| 净利润同比 | 24.7% | 8.3% |
| 每股收益（稀释后） | $2.35 | $-0.22 |
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FCFSWEST
| Q4 25 | $501.3M | $339.5M | ||
| Q3 25 | $411.0M | $354.8M | ||
| Q2 25 | $385.1M | $280.9M | ||
| Q1 25 | $371.1M | $213.8M | ||
| Q4 24 | $413.7M | $229.0M | ||
| Q3 24 | $363.1M | $220.9M | ||
| Q2 24 | $363.5M | $208.4M | ||
| Q1 24 | $366.8M | $192.5M |
净利润FCFSWEST
| Q4 25 | $104.2M | $-22.6M | ||
| Q3 25 | $82.8M | $-19.1M | ||
| Q2 25 | $59.8M | $-21.6M | ||
| Q1 25 | $83.6M | $-27.2M | ||
| Q4 24 | $83.5M | $-24.6M | ||
| Q3 24 | $64.8M | $-14.3M | ||
| Q2 24 | $49.1M | $-17.8M | ||
| Q1 24 | $61.4M | $-23.7M |
毛利率FCFSWEST
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 19.9% | ||
| Q1 24 | — | 19.4% |
营业利润率FCFSWEST
| Q4 25 | 28.5% | -2.6% | ||
| Q3 25 | 27.4% | -2.4% | ||
| Q2 25 | 21.1% | -5.3% | ||
| Q1 25 | 30.0% | -6.1% | ||
| Q4 24 | 26.5% | -4.3% | ||
| Q3 24 | 23.5% | -5.8% | ||
| Q2 24 | 18.2% | -7.9% | ||
| Q1 24 | 22.3% | -5.3% |
净利率FCFSWEST
| Q4 25 | 20.8% | -6.6% | ||
| Q3 25 | 20.1% | -5.4% | ||
| Q2 25 | 15.5% | -7.7% | ||
| Q1 25 | 22.5% | -12.7% | ||
| Q4 24 | 20.2% | -10.7% | ||
| Q3 24 | 17.9% | -6.5% | ||
| Q2 24 | 13.5% | -8.5% | ||
| Q1 24 | 16.7% | -12.3% |
每股收益（稀释后）FCFSWEST
| Q4 25 | $2.35 | $-0.22 | ||
| Q3 25 | $1.86 | $-0.20 | ||
| Q2 25 | $1.34 | $-0.23 | ||
| Q1 25 | $1.87 | $-0.29 | ||
| Q4 24 | $1.86 | $-0.26 | ||
| Q3 24 | $1.44 | $-0.16 | ||
| Q2 24 | $1.08 | $-0.20 | ||
| Q1 24 | $1.35 | $-0.27 |
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 | $49.9M |
| 总债务越低越好 | $2.2B | $444.1M |
| 股东权益账面价值 | $2.3B | $-1.9M |
| 总资产 | $5.3B | $1.2B |
| 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FCFSWEST
| Q4 25 | $125.2M | $49.9M | ||
| Q3 25 | $130.2M | $34.0M | ||
| Q2 25 | $101.5M | $44.0M | ||
| Q1 25 | $146.0M | $33.1M | ||
| Q4 24 | $175.1M | $26.2M | ||
| Q3 24 | $106.3M | $22.4M | ||
| Q2 24 | $113.7M | $24.3M | ||
| Q1 24 | $135.1M | $12.6M |
总债务FCFSWEST
| Q4 25 | $2.2B | $444.1M | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $393.1M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
股东权益FCFSWEST
| Q4 25 | $2.3B | $-1.9M | ||
| Q3 25 | $2.2B | $11.4M | ||
| Q2 25 | $2.1B | $18.2M | ||
| Q1 25 | $2.1B | $71.4M | ||
| Q4 24 | $2.1B | $97.5M | ||
| Q3 24 | $2.0B | $110.3M | ||
| Q2 24 | $2.0B | $81.5M | ||
| Q1 24 | $2.0B | $91.7M |
总资产FCFSWEST
| Q4 25 | $5.3B | $1.2B | ||
| Q3 25 | $5.2B | $1.2B | ||
| Q2 25 | $4.5B | $1.2B | ||
| Q1 25 | $4.4B | $1.1B | ||
| Q4 24 | $4.5B | $1.1B | ||
| Q3 24 | $4.4B | $1.1B | ||
| Q2 24 | $4.3B | $1.1B | ||
| Q1 24 | $4.2B | $983.3M |
负债/权益比FCFSWEST
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | 4.03× | ||
| 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 | $36.7M |
| 自由现金流经营现金流 - 资本支出 | — | $27.8M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 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 | — | $-107.8M |
8季度趋势，按日历期对齐
经营现金流FCFSWEST
| Q4 25 | $206.6M | $36.7M | ||
| Q3 25 | $135.8M | $-26.6M | ||
| Q2 25 | $116.9M | $-7.0M | ||
| Q1 25 | $126.6M | $-22.1M | ||
| Q4 24 | $198.1M | $2.8M | ||
| Q3 24 | $113.1M | $-332.0K | ||
| Q2 24 | $106.2M | $-23.7M | ||
| Q1 24 | $122.5M | $8.0M |
自由现金流FCFSWEST
| Q4 25 | — | $27.8M | ||
| Q3 25 | — | $-44.7M | ||
| Q2 25 | — | $-27.5M | ||
| Q1 25 | — | $-63.4M | ||
| Q4 24 | — | $-15.4M | ||
| Q3 24 | — | $-36.7M | ||
| Q2 24 | — | $-59.9M | ||
| Q1 24 | — | $-60.9M |
自由现金流率FCFSWEST
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -12.6% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | — | -29.7% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -16.6% | ||
| Q2 24 | — | -28.7% | ||
| Q1 24 | — | -31.7% |
资本支出强度FCFSWEST
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 35.8% |
现金转化率FCFSWEST
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | — | ||
| 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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
