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Shift4 Payments, Inc.（FOUR）与Jack Henry & Associates（JKHY）财务数据对比。点击上方公司名可切换其他公司
Shift4 Payments, Inc.的季度营收约是Jack Henry & Associates的1.9倍（$1.2B vs $619.3M），Jack Henry & Associates净利率更高（20.1% vs 3.4%，领先16.7%），Shift4 Payments, Inc.同比增速更快（34.0% vs 7.9%），Shift4 Payments, Inc.自由现金流更多（$222.5M vs $131.4M），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs 7.2%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
Jack Henry & Associates是1976年成立的美国专业金融科技企业，主要面向社区银行、信用合作社等中小型金融机构提供金融科技及支付处理解决方案，同时帮助区域银行与信用合作社管控风险、完成合规申报，优化升级线上银行业务相关服务。
FOUR vs JKHY — 直观对比
营收规模更大
FOUR
是对方的1.9倍
$619.3M
营收增速更快
FOUR
高出26.1%
7.9%
净利率更高
JKHY
高出16.7%
3.4%
自由现金流更多
FOUR
多$91.1M
$131.4M
两年增速更快
FOUR
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $619.3M |
| 净利润 | $40.2M | $124.7M |
| 毛利率 | — | 43.3% |
| 营业利润率 | 10.8% | 25.7% |
| 净利率 | 3.4% | 20.1% |
| 营收同比 | 34.0% | 7.9% |
| 净利润同比 | -65.3% | 27.4% |
| 每股收益（稀释后） | — | $1.72 |
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FOURJKHY
| Q4 25 | $1.2B | $619.3M | ||
| Q3 25 | $1.2B | $644.7M | ||
| Q2 25 | $966.2M | $615.4M | ||
| Q1 25 | $848.3M | $585.1M | ||
| Q4 24 | $887.0M | $573.8M | ||
| Q3 24 | $909.2M | $601.0M | ||
| Q2 24 | $827.0M | $559.9M | ||
| Q1 24 | $707.4M | $538.6M |
净利润FOURJKHY
| Q4 25 | $40.2M | $124.7M | ||
| Q3 25 | $28.1M | $144.0M | ||
| Q2 25 | $34.0M | $127.6M | ||
| Q1 25 | $16.7M | $111.1M | ||
| Q4 24 | $116.0M | $97.8M | ||
| Q3 24 | $53.8M | $119.2M | ||
| Q2 24 | $39.2M | $101.1M | ||
| Q1 24 | $20.6M | $87.1M |
毛利率FOURJKHY
| Q4 25 | — | 43.3% | ||
| Q3 25 | — | 45.9% | ||
| Q2 25 | — | 44.1% | ||
| Q1 25 | — | 41.8% | ||
| Q4 24 | — | 42.0% | ||
| Q3 24 | — | 42.9% | ||
| Q2 24 | — | 41.5% | ||
| Q1 24 | — | 39.1% |
营业利润率FOURJKHY
| Q4 25 | 10.8% | 25.7% | ||
| Q3 25 | 9.7% | 28.5% | ||
| Q2 25 | 8.6% | 25.3% | ||
| Q1 25 | 3.0% | 23.7% | ||
| Q4 24 | 9.7% | 21.4% | ||
| Q3 24 | 8.8% | 25.2% | ||
| Q2 24 | 7.2% | 22.4% | ||
| Q1 24 | 3.0% | 20.8% |
净利率FOURJKHY
| Q4 25 | 3.4% | 20.1% | ||
| Q3 25 | 2.4% | 22.3% | ||
| Q2 25 | 3.5% | 20.7% | ||
| Q1 25 | 2.0% | 19.0% | ||
| Q4 24 | 13.1% | 17.1% | ||
| Q3 24 | 5.9% | 19.8% | ||
| Q2 24 | 4.7% | 18.1% | ||
| Q1 24 | 2.9% | 16.2% |
每股收益（稀释后）FOURJKHY
| Q4 25 | — | $1.72 | ||
| Q3 25 | — | $1.97 | ||
| Q2 25 | — | $1.75 | ||
| Q1 25 | — | $1.52 | ||
| Q4 24 | — | $1.34 | ||
| Q3 24 | — | $1.63 | ||
| Q2 24 | — | $1.39 | ||
| Q1 24 | — | $1.19 |
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 | $964.0M | $28.2M |
| 总债务越低越好 | $4.5B | — |
| 股东权益账面价值 | $1.4B | $2.2B |
| 总资产 | $8.7B | $3.1B |
| 负债/权益比越低杠杆越低 | 3.15× | — |
8季度趋势，按日历期对齐
现金及短期投资FOURJKHY
| Q4 25 | $964.0M | $28.2M | ||
| Q3 25 | $1.5B | $36.2M | ||
| Q2 25 | $3.0B | $102.0M | ||
| Q1 25 | $1.2B | $39.9M | ||
| Q4 24 | $1.2B | $25.7M | ||
| Q3 24 | $1.4B | $43.2M | ||
| Q2 24 | $205.0M | $38.3M | ||
| Q1 24 | $522.9M | $27.3M |
总债务FOURJKHY
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $3.7B | $0 | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $60.0M | ||
| Q1 24 | — | $250.0M |
股东权益FOURJKHY
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.6B | $2.1B | ||
| Q1 25 | $805.2M | $2.0B | ||
| Q4 24 | $806.6M | $2.0B | ||
| Q3 24 | $811.8M | $1.9B | ||
| Q2 24 | $700.8M | $1.8B | ||
| Q1 24 | $674.5M | $1.8B |
总资产FOURJKHY
| Q4 25 | $8.7B | $3.1B | ||
| Q3 25 | $9.0B | $3.0B | ||
| Q2 25 | $7.0B | $3.0B | ||
| Q1 25 | $5.0B | $2.9B | ||
| Q4 24 | $5.0B | $2.9B | ||
| Q3 24 | $5.0B | $2.9B | ||
| Q2 24 | $3.5B | $2.9B | ||
| Q1 24 | $3.4B | $2.8B |
负债/权益比FOURJKHY
| Q4 25 | 3.15× | — | ||
| Q3 25 | 2.83× | — | ||
| Q2 25 | 2.34× | 0.00× | ||
| Q1 25 | 3.53× | — | ||
| Q4 24 | 3.52× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.03× | ||
| Q1 24 | — | 0.14× |
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 | $223.7M | $152.7M |
| 自由现金流经营现金流 - 资本支出 | $222.5M | $131.4M |
| 自由现金流率自由现金流/营收 | 18.7% | 21.2% |
| 资本支出强度资本支出/营收 | 0.1% | 3.4% |
| 现金转化率经营现金流/净利润 | 5.56× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $624.0M | $654.2M |
8季度趋势，按日历期对齐
经营现金流FOURJKHY
| Q4 25 | $223.7M | $152.7M | ||
| Q3 25 | $171.8M | $120.6M | ||
| Q2 25 | $141.9M | $327.1M | ||
| Q1 25 | $96.6M | $107.8M | ||
| Q4 24 | $145.4M | $89.6M | ||
| Q3 24 | $182.1M | $116.9M | ||
| Q2 24 | $116.1M | $231.8M | ||
| Q1 24 | $56.7M | $97.6M |
自由现金流FOURJKHY
| Q4 25 | $222.5M | $131.4M | ||
| Q3 25 | $165.4M | $111.7M | ||
| Q2 25 | $141.0M | $314.9M | ||
| Q1 25 | $95.1M | $96.1M | ||
| Q4 24 | $143.8M | $73.0M | ||
| Q3 24 | $180.1M | $104.1M | ||
| Q2 24 | $113.9M | $208.0M | ||
| Q1 24 | $55.4M | $87.7M |
自由现金流率FOURJKHY
| Q4 25 | 18.7% | 21.2% | ||
| Q3 25 | 14.1% | 17.3% | ||
| Q2 25 | 14.6% | 51.2% | ||
| Q1 25 | 11.2% | 16.4% | ||
| Q4 24 | 16.2% | 12.7% | ||
| Q3 24 | 19.8% | 17.3% | ||
| Q2 24 | 13.8% | 37.2% | ||
| Q1 24 | 7.8% | 16.3% |
资本支出强度FOURJKHY
| Q4 25 | 0.1% | 3.4% | ||
| Q3 25 | 0.5% | 1.4% | ||
| Q2 25 | 0.1% | 2.0% | ||
| Q1 25 | 0.2% | 2.0% | ||
| Q4 24 | 0.2% | 2.9% | ||
| Q3 24 | 0.2% | 2.1% | ||
| Q2 24 | 0.3% | 4.2% | ||
| Q1 24 | 0.2% | 1.8% |
现金转化率FOURJKHY
| Q4 25 | 5.56× | 1.22× | ||
| Q3 25 | 6.11× | 0.84× | ||
| Q2 25 | 4.17× | 2.56× | ||
| Q1 25 | 5.78× | 0.97× | ||
| Q4 24 | 1.25× | 0.92× | ||
| Q3 24 | 3.38× | 0.98× | ||
| Q2 24 | 2.96× | 2.29× | ||
| Q1 24 | 2.75× | 1.12× |
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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
JKHY
| Processing | $273.5M | 44% |
| Private Public Cloud | $202.7M | 33% |
| On Premise Support | $79.0M | 13% |
| Product Deliveryand Service | $64.1M | 10% |
