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FirstCash Holdings, Inc.（FCFS）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是FirstCash Holdings, Inc.的1.1倍（$566.0M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs -33.1%，领先53.9%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -6.1%），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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
FCFS vs WSC — 直观对比
营收规模更大
WSC
是对方的1.1倍
$501.3M
营收增速更快
FCFS
高出27.2%
-6.1%
净利率更高
FCFS
高出53.9%
-33.1%
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 | $566.0M |
| 净利润 | $104.2M | $-187.3M |
| 毛利率 | — | 50.4% |
| 营业利润率 | 28.5% | -32.5% |
| 净利率 | 20.8% | -33.1% |
| 营收同比 | 21.2% | -6.1% |
| 净利润同比 | 24.7% | -310.0% |
| 每股收益（稀释后） | $2.35 | $-1.02 |
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FCFSWSC
| Q4 25 | $501.3M | $566.0M | ||
| Q3 25 | $411.0M | $566.8M | ||
| Q2 25 | $385.1M | $589.1M | ||
| Q1 25 | $371.1M | $559.6M | ||
| Q4 24 | $413.7M | $602.5M | ||
| Q3 24 | $363.1M | $601.4M | ||
| Q2 24 | $363.5M | $604.6M | ||
| Q1 24 | $366.8M | $587.2M |
净利润FCFSWSC
| Q4 25 | $104.2M | $-187.3M | ||
| Q3 25 | $82.8M | $43.3M | ||
| Q2 25 | $59.8M | $47.9M | ||
| Q1 25 | $83.6M | $43.1M | ||
| Q4 24 | $83.5M | $89.2M | ||
| Q3 24 | $64.8M | $-70.5M | ||
| Q2 24 | $49.1M | $-46.9M | ||
| Q1 24 | $61.4M | $56.2M |
毛利率FCFSWSC
| Q4 25 | — | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 54.1% | ||
| Q1 24 | — | 54.0% |
营业利润率FCFSWSC
| Q4 25 | 28.5% | -32.5% | ||
| Q3 25 | 27.4% | 21.0% | ||
| Q2 25 | 21.1% | 21.5% | ||
| Q1 25 | 30.0% | 21.3% | ||
| Q4 24 | 26.5% | 28.9% | ||
| Q3 24 | 23.5% | -5.9% | ||
| Q2 24 | 18.2% | -0.9% | ||
| Q1 24 | 22.3% | 22.1% |
净利率FCFSWSC
| Q4 25 | 20.8% | -33.1% | ||
| Q3 25 | 20.1% | 7.6% | ||
| Q2 25 | 15.5% | 8.1% | ||
| Q1 25 | 22.5% | 7.7% | ||
| Q4 24 | 20.2% | 14.8% | ||
| Q3 24 | 17.9% | -11.7% | ||
| Q2 24 | 13.5% | -7.7% | ||
| Q1 24 | 16.7% | 9.6% |
每股收益（稀释后）FCFSWSC
| Q4 25 | $2.35 | $-1.02 | ||
| Q3 25 | $1.86 | $0.24 | ||
| Q2 25 | $1.34 | $0.26 | ||
| Q1 25 | $1.87 | $0.23 | ||
| Q4 24 | $1.86 | $0.48 | ||
| Q3 24 | $1.44 | $-0.37 | ||
| Q2 24 | $1.08 | $-0.25 | ||
| Q1 24 | $1.35 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | $2.2B | $3.6B |
| 股东权益账面价值 | $2.3B | $856.3M |
| 总资产 | $5.3B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.98× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资FCFSWSC
| Q4 25 | $125.2M | $14.6M | ||
| Q3 25 | $130.2M | $14.8M | ||
| Q2 25 | $101.5M | $12.8M | ||
| Q1 25 | $146.0M | $10.7M | ||
| Q4 24 | $175.1M | $9.0M | ||
| Q3 24 | $106.3M | $11.0M | ||
| Q2 24 | $113.7M | $5.9M | ||
| Q1 24 | $135.1M | $13.1M |
总债务FCFSWSC
| Q4 25 | $2.2B | $3.6B | ||
| Q3 25 | $2.2B | $3.6B | ||
| Q2 25 | $1.7B | $3.7B | ||
| Q1 25 | $1.7B | $3.6B | ||
| Q4 24 | $1.7B | $3.7B | ||
| Q3 24 | $1.7B | $3.6B | ||
| Q2 24 | $1.7B | $3.5B | ||
| Q1 24 | $1.5B | $3.5B |
股东权益FCFSWSC
| Q4 25 | $2.3B | $856.3M | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.1B | $1.0B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.3B |
总资产FCFSWSC
| Q4 25 | $5.3B | $5.8B | ||
| Q3 25 | $5.2B | $6.1B | ||
| Q2 25 | $4.5B | $6.1B | ||
| Q1 25 | $4.4B | $6.0B | ||
| Q4 24 | $4.5B | $6.0B | ||
| Q3 24 | $4.4B | $6.0B | ||
| Q2 24 | $4.3B | $6.0B | ||
| Q1 24 | $4.2B | $6.2B |
负债/权益比FCFSWSC
| Q4 25 | 0.98× | 4.15× | ||
| Q3 25 | 1.01× | 3.39× | ||
| Q2 25 | 0.79× | 3.55× | ||
| Q1 25 | 0.83× | 3.56× | ||
| Q4 24 | 0.85× | 3.62× | ||
| Q3 24 | 0.87× | 3.42× | ||
| Q2 24 | 0.85× | 2.88× | ||
| Q1 24 | 0.75× | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | — | $149.7M |
| 自由现金流率自由现金流/营收 | — | 26.5% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流FCFSWSC
| Q4 25 | $206.6M | $158.9M | ||
| Q3 25 | $135.8M | $191.2M | ||
| Q2 25 | $116.9M | $205.3M | ||
| Q1 25 | $126.6M | $206.6M | ||
| Q4 24 | $198.1M | $178.9M | ||
| Q3 24 | $113.1M | $-1.6M | ||
| Q2 24 | $106.2M | $175.6M | ||
| Q1 24 | $122.5M | $208.7M |
自由现金流FCFSWSC
| Q4 25 | — | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | — | $202.0M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | — | $202.1M |
自由现金流率FCFSWSC
| Q4 25 | — | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | — | 34.4% |
资本支出强度FCFSWSC
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 1.1% |
现金转化率FCFSWSC
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | 4.41× | ||
| Q2 25 | 1.95× | 4.28× | ||
| Q1 25 | 1.51× | 4.80× | ||
| Q4 24 | 2.37× | 2.01× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | — | ||
| Q1 24 | 2.00× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
