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FIRST FINANCIAL CORP（THFF）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Via Renewables, Inc.的季度营收约是FIRST FINANCIAL CORP的1.8倍（$127.8M vs $70.5M），FIRST FINANCIAL CORP净利率更高（30.4% vs 5.4%，领先25.0%），Via Renewables, Inc.同比增速更快（22.5% vs 14.1%），FIRST FINANCIAL CORP自由现金流更多（$86.4M vs $-4.8M），过去两年FIRST FINANCIAL CORP的营收复合增速更高（20.8% vs 5.9%）
第一美国金融公司是一家美国金融服务企业，主营为房地产与抵押贷款行业提供产权保险以及结算服务，深耕相关金融领域，是该细分赛道具备专业能力的服务提供商。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
THFF vs VIASP — 直观对比
营收规模更大
VIASP
是对方的1.8倍
$70.5M
营收增速更快
VIASP
高出8.4%
14.1%
净利率更高
THFF
高出25.0%
5.4%
自由现金流更多
THFF
多$91.2M
$-4.8M
两年增速更快
THFF
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $70.5M | $127.8M |
| 净利润 | $21.5M | $6.9M |
| 毛利率 | — | 34.4% |
| 营业利润率 | 37.4% | 15.2% |
| 净利率 | 30.4% | 5.4% |
| 营收同比 | 14.1% | 22.5% |
| 净利润同比 | 32.1% | -30.9% |
| 每股收益（稀释后） | $1.81 | $1.19 |
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THFFVIASP
| Q4 25 | $70.5M | $127.8M | ||
| Q3 25 | $65.8M | $103.3M | ||
| Q2 25 | $63.1M | $90.0M | ||
| Q1 25 | $62.5M | $142.3M | ||
| Q4 24 | $61.8M | $104.3M | ||
| Q3 24 | $58.4M | $93.8M | ||
| Q2 24 | $49.2M | $86.7M | ||
| Q1 24 | $48.4M | $114.1M |
净利润THFFVIASP
| Q4 25 | $21.5M | $6.9M | ||
| Q3 25 | $20.8M | $757.0K | ||
| Q2 25 | $18.6M | $2.7M | ||
| Q1 25 | $18.4M | $8.8M | ||
| Q4 24 | $16.2M | $9.9M | ||
| Q3 24 | $8.7M | $2.1M | ||
| Q2 24 | $11.4M | $7.6M | ||
| Q1 24 | $10.9M | $8.6M |
毛利率THFFVIASP
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | 51.9% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 50.4% | ||
| Q1 24 | — | 39.5% |
营业利润率THFFVIASP
| Q4 25 | 37.4% | 15.2% | ||
| Q3 25 | 39.2% | 3.1% | ||
| Q2 25 | 36.2% | 6.7% | ||
| Q1 25 | 38.1% | 17.5% | ||
| Q4 24 | 32.4% | 31.5% | ||
| Q3 24 | 17.9% | 5.3% | ||
| Q2 24 | 27.6% | 23.8% | ||
| Q1 24 | 27.2% | 22.6% |
净利率THFFVIASP
| Q4 25 | 30.4% | 5.4% | ||
| Q3 25 | 31.6% | 0.7% | ||
| Q2 25 | 29.5% | 3.0% | ||
| Q1 25 | 29.5% | 6.2% | ||
| Q4 24 | 26.3% | 9.5% | ||
| Q3 24 | 15.0% | 2.3% | ||
| Q2 24 | 23.1% | 8.8% | ||
| Q1 24 | 22.6% | 7.5% |
每股收益（稀释后）THFFVIASP
| Q4 25 | $1.81 | $1.19 | ||
| Q3 25 | $1.75 | $-0.41 | ||
| Q2 25 | $1.57 | $0.09 | ||
| Q1 25 | $1.55 | $1.83 | ||
| Q4 24 | $1.37 | $2.33 | ||
| Q3 24 | $0.74 | $-0.17 | ||
| Q2 24 | $0.96 | $1.51 | ||
| Q1 24 | $0.93 | $1.81 |
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 | — | $41.8M |
| 总债务越低越好 | $188.2M | $120.0M |
| 股东权益账面价值 | $650.9M | $67.7M |
| 总资产 | $5.8B | $331.3M |
| 负债/权益比越低杠杆越低 | 0.29× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资THFFVIASP
| Q4 25 | — | $41.8M | ||
| Q3 25 | — | $53.6M | ||
| Q2 25 | — | $62.1M | ||
| Q1 25 | — | $64.7M | ||
| Q4 24 | — | $53.1M | ||
| Q3 24 | — | $66.6M | ||
| Q2 24 | — | $53.6M | ||
| Q1 24 | — | $50.4M |
总债务THFFVIASP
| Q4 25 | $188.2M | $120.0M | ||
| Q3 25 | $170.5M | $105.0M | ||
| Q2 25 | $122.7M | $100.0M | ||
| Q1 25 | $124.9M | $101.0M | ||
| Q4 24 | $28.1M | $106.0M | ||
| Q3 24 | $30.5M | $89.0M | ||
| Q2 24 | $108.6M | $93.0M | ||
| Q1 24 | $58.6M | $91.0M |
股东权益THFFVIASP
| Q4 25 | $650.9M | $67.7M | ||
| Q3 25 | $622.2M | $63.7M | ||
| Q2 25 | $587.7M | $68.2M | ||
| Q1 25 | $571.9M | $72.7M | ||
| Q4 24 | $549.0M | $66.7M | ||
| Q3 24 | $566.0M | $58.2M | ||
| Q2 24 | $530.7M | $58.3M | ||
| Q1 24 | $520.8M | $53.2M |
总资产THFFVIASP
| Q4 25 | $5.8B | $331.3M | ||
| Q3 25 | $5.7B | $304.8M | ||
| Q2 25 | $5.6B | $316.3M | ||
| Q1 25 | $5.5B | $347.4M | ||
| Q4 24 | $5.6B | $344.9M | ||
| Q3 24 | $5.5B | $298.4M | ||
| Q2 24 | $4.9B | $299.7M | ||
| Q1 24 | $4.9B | $302.7M |
负债/权益比THFFVIASP
| Q4 25 | 0.29× | 1.77× | ||
| Q3 25 | 0.27× | 1.65× | ||
| Q2 25 | 0.21× | 1.47× | ||
| Q1 25 | 0.22× | 1.39× | ||
| Q4 24 | 0.05× | 1.59× | ||
| Q3 24 | 0.05× | 1.53× | ||
| Q2 24 | 0.20× | 1.60× | ||
| Q1 24 | 0.11× | 1.71× |
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 | $90.4M | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | $86.4M | $-4.8M |
| 自由现金流率自由现金流/营收 | 122.5% | -3.7% |
| 资本支出强度资本支出/营收 | 5.6% | 0.4% |
| 现金转化率经营现金流/净利润 | 4.21× | -0.61× |
| 过去12个月自由现金流最近4个季度 | $144.3M | $39.1M |
8季度趋势，按日历期对齐
经营现金流THFFVIASP
| Q4 25 | $90.4M | $-4.2M | ||
| Q3 25 | $26.9M | $2.4M | ||
| Q2 25 | $12.7M | $19.0M | ||
| Q1 25 | $21.1M | $24.9M | ||
| Q4 24 | $60.4M | $2.0M | ||
| Q3 24 | $23.3M | $20.1M | ||
| Q2 24 | $8.8M | $11.2M | ||
| Q1 24 | $12.4M | $17.1M |
自由现金流THFFVIASP
| Q4 25 | $86.4M | $-4.8M | ||
| Q3 25 | $25.8M | $1.9M | ||
| Q2 25 | $11.6M | $18.4M | ||
| Q1 25 | $20.5M | $23.5M | ||
| Q4 24 | $54.3M | $1.6M | ||
| Q3 24 | $19.5M | $19.7M | ||
| Q2 24 | $8.4M | $10.9M | ||
| Q1 24 | $11.5M | $16.6M |
自由现金流率THFFVIASP
| Q4 25 | 122.5% | -3.7% | ||
| Q3 25 | 39.2% | 1.9% | ||
| Q2 25 | 18.4% | 20.5% | ||
| Q1 25 | 32.8% | 16.5% | ||
| Q4 24 | 87.8% | 1.5% | ||
| Q3 24 | 33.5% | 21.0% | ||
| Q2 24 | 17.2% | 12.6% | ||
| Q1 24 | 23.7% | 14.6% |
资本支出强度THFFVIASP
| Q4 25 | 5.6% | 0.4% | ||
| Q3 25 | 1.7% | 0.4% | ||
| Q2 25 | 1.8% | 0.6% | ||
| Q1 25 | 0.9% | 1.0% | ||
| Q4 24 | 9.9% | 0.4% | ||
| Q3 24 | 6.5% | 0.4% | ||
| Q2 24 | 0.7% | 0.3% | ||
| Q1 24 | 2.0% | 0.4% |
现金转化率THFFVIASP
| Q4 25 | 4.21× | -0.61× | ||
| Q3 25 | 1.29× | 3.12× | ||
| Q2 25 | 0.68× | 6.94× | ||
| Q1 25 | 1.14× | 2.84× | ||
| Q4 24 | 3.72× | 0.20× | ||
| Q3 24 | 2.67× | 9.41× | ||
| Q2 24 | 0.77× | 1.47× | ||
| Q1 24 | 1.14× | 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
THFF
暂无分部数据
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
