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FIVE BELOW, INC（FIVE）与WEX Inc.（WEX）财务数据对比。点击上方公司名可切换其他公司
FIVE BELOW, INC的季度营收约是WEX Inc.的1.5倍（$1.0B vs $673.8M），WEX Inc.净利率更高（11.5% vs 3.5%，领先8.0%），FIVE BELOW, INC同比增速更快（23.1% vs 5.8%），WEX Inc.自由现金流更多（$49.5M vs $-133.2M），过去两年WEX Inc.的营收复合增速更高（18.7% vs -11.9%）
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
WEX Inc.是专注服务于美国商业及政府车队领域的支付处理与信息管理服务提供商，总部位于美国缅因州波特兰市，业务范围覆盖美国、加拿大、南美、欧洲、亚洲及澳大利亚等多个全球区域。
FIVE vs WEX — 直观对比
营收规模更大
FIVE
是对方的1.5倍
$673.8M
营收增速更快
FIVE
高出17.2%
5.8%
净利率更高
WEX
高出8.0%
3.5%
自由现金流更多
WEX
多$182.7M
$-133.2M
两年增速更快
WEX
近两年复合增速
-11.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $673.8M |
| 净利润 | $36.5M | $77.7M |
| 毛利率 | 33.8% | — |
| 营业利润率 | 4.2% | 23.5% |
| 净利率 | 3.5% | 11.5% |
| 营收同比 | 23.1% | 5.8% |
| 净利润同比 | 2063.9% | 8.7% |
| 每股收益（稀释后） | $0.66 | $2.22 |
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FIVEWEX
| Q1 26 | — | $673.8M | ||
| Q4 25 | $1.0B | $465.1M | ||
| Q3 25 | $1.0B | $481.6M | ||
| Q2 25 | $970.5M | $454.4M | ||
| Q1 25 | $1.4B | $444.3M | ||
| Q4 24 | $843.7M | $440.3M | ||
| Q3 24 | $830.1M | $479.0M | ||
| Q2 24 | $811.9M | $478.6M |
净利润FIVEWEX
| Q1 26 | — | $77.7M | ||
| Q4 25 | $36.5M | $84.2M | ||
| Q3 25 | $42.8M | $80.3M | ||
| Q2 25 | $41.1M | $68.1M | ||
| Q1 25 | $187.5M | $71.5M | ||
| Q4 24 | $1.7M | $63.9M | ||
| Q3 24 | $33.0M | $102.9M | ||
| Q2 24 | $31.5M | $77.0M |
毛利率FIVEWEX
| Q1 26 | — | — | ||
| Q4 25 | 33.8% | 39.0% | ||
| Q3 25 | 33.3% | 43.0% | ||
| Q2 25 | 33.4% | 40.0% | ||
| Q1 25 | 40.2% | 39.2% | ||
| Q4 24 | 30.6% | 41.5% | ||
| Q3 24 | 32.7% | 48.0% | ||
| Q2 24 | 32.5% | 44.9% |
营业利润率FIVEWEX
| Q1 26 | — | 23.5% | ||
| Q4 25 | 4.2% | 35.7% | ||
| Q3 25 | 5.1% | 38.1% | ||
| Q2 25 | 5.2% | 34.5% | ||
| Q1 25 | 17.7% | 35.4% | ||
| Q4 24 | -0.1% | 35.7% | ||
| Q3 24 | 5.0% | 41.0% | ||
| Q2 24 | 4.5% | 35.1% |
净利率FIVEWEX
| Q1 26 | — | 11.5% | ||
| Q4 25 | 3.5% | 18.1% | ||
| Q3 25 | 4.2% | 16.7% | ||
| Q2 25 | 4.2% | 15.0% | ||
| Q1 25 | 13.5% | 16.1% | ||
| Q4 24 | 0.2% | 14.5% | ||
| Q3 24 | 4.0% | 21.5% | ||
| Q2 24 | 3.9% | 16.1% |
每股收益（稀释后）FIVEWEX
| Q1 26 | — | $2.22 | ||
| Q4 25 | $0.66 | $2.38 | ||
| Q3 25 | $0.77 | $2.30 | ||
| Q2 25 | $0.75 | $1.98 | ||
| Q1 25 | $3.40 | $1.81 | ||
| Q4 24 | $0.03 | $1.60 | ||
| Q3 24 | $0.60 | $2.52 | ||
| Q2 24 | $0.57 | $1.83 |
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 | $524.5M | $633.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.3B |
| 总资产 | $4.8B | $15.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FIVEWEX
| Q1 26 | — | $633.5M | ||
| Q4 25 | $524.5M | $5.2B | ||
| Q3 25 | $670.2M | $4.9B | ||
| Q2 25 | $624.0M | $4.9B | ||
| Q1 25 | $528.8M | $4.4B | ||
| Q4 24 | $216.6M | $4.4B | ||
| Q3 24 | $327.7M | $4.3B | ||
| Q2 24 | $369.6M | $4.0B |
股东权益FIVEWEX
| Q1 26 | — | $1.3B | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.9B | $978.7M | ||
| Q1 25 | $1.8B | $810.4M | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.6B | $1.8B |
总资产FIVEWEX
| Q1 26 | — | $15.4B | ||
| Q4 25 | $4.8B | $14.4B | ||
| Q3 25 | $4.6B | $14.4B | ||
| Q2 25 | $4.5B | $14.7B | ||
| Q1 25 | $4.3B | $14.0B | ||
| Q4 24 | $4.2B | $13.3B | ||
| Q3 24 | $4.0B | $14.0B | ||
| Q2 24 | $3.9B | $14.2B |
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 | $-80.1M | — |
| 自由现金流经营现金流 - 资本支出 | $-133.2M | $49.5M |
| 自由现金流率自由现金流/营收 | -12.8% | 7.3% |
| 资本支出强度资本支出/营收 | 5.1% | 5.6% |
| 现金转化率经营现金流/净利润 | -2.19× | — |
| 过去12个月自由现金流最近4个季度 | $323.0M | $877.4M |
8季度趋势，按日历期对齐
经营现金流FIVEWEX
| Q1 26 | — | — | ||
| Q4 25 | $-80.1M | $294.7M | ||
| Q3 25 | $93.0M | $376.6M | ||
| Q2 25 | $132.7M | $264.6M | ||
| Q1 25 | $363.5M | $-481.6M | ||
| Q4 24 | $-30.6M | $638.4M | ||
| Q3 24 | $71.3M | $3.3M | ||
| Q2 24 | $26.4M | $-7.0M |
自由现金流FIVEWEX
| Q1 26 | — | $49.5M | ||
| Q4 25 | $-133.2M | $256.3M | ||
| Q3 25 | $48.3M | $341.6M | ||
| Q2 25 | $96.5M | $230.0M | ||
| Q1 25 | $311.4M | $-514.2M | ||
| Q4 24 | $-111.0M | $599.7M | ||
| Q3 24 | $-32.4M | $-31.7M | ||
| Q2 24 | $-61.4M | $-46.6M |
自由现金流率FIVEWEX
| Q1 26 | — | 7.3% | ||
| Q4 25 | -12.8% | 55.1% | ||
| Q3 25 | 4.7% | 70.9% | ||
| Q2 25 | 9.9% | 50.6% | ||
| Q1 25 | 22.4% | -115.7% | ||
| Q4 24 | -13.2% | 136.2% | ||
| Q3 24 | -3.9% | -6.6% | ||
| Q2 24 | -7.6% | -9.7% |
资本支出强度FIVEWEX
| Q1 26 | — | 5.6% | ||
| Q4 25 | 5.1% | 8.3% | ||
| Q3 25 | 4.4% | 7.3% | ||
| Q2 25 | 3.7% | 7.6% | ||
| Q1 25 | 3.7% | 7.3% | ||
| Q4 24 | 9.5% | 8.8% | ||
| Q3 24 | 12.5% | 7.3% | ||
| Q2 24 | 10.8% | 8.3% |
现金转化率FIVEWEX
| Q1 26 | — | — | ||
| Q4 25 | -2.19× | 3.50× | ||
| Q3 25 | 2.17× | 4.69× | ||
| Q2 25 | 3.22× | 3.89× | ||
| Q1 25 | 1.94× | -6.74× | ||
| Q4 24 | -18.13× | 9.99× | ||
| Q3 24 | 2.16× | 0.03× | ||
| Q2 24 | 0.84× | -0.09× |
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
FIVE
暂无分部数据
WEX
| Payment processing revenue | $284.2M | 42% |
| Account servicing revenue | $182.5M | 27% |
| Other revenue | $127.0M | 19% |
| Finance fee revenue | $80.1M | 12% |
