Dashboard|FCFS – Overview

FCFS

FirstCash Holdings, Inc.

Consumer Discretionary • CIK: 0000840489

Market Cap

$7.06B

P/E (TTM)

21.4x

Rev Growth (TTM)

+8.0%

Net Margin (TTM)

9.0%

FCF Yield (TTM)

8.3%

FCF Margin (TTM)

16.0%

LATEST EARNINGS

•

Q4 FY2025

•

29 days ago

•View source

Revenue

$3.50M

—

Net Income

$104.17M

+24.7%

EPS

$2.35

+26.3%

Net

9.8%↑ +0.4%

•Consolidated revenue totaled a record $3.7 billion in 2025, an increase of 8%, with fourth quarter revenues increasing 20% over last year to $1.1 billion, surpassing $1 billion for the first time.
•Full year diluted earnings per share in 2025 increased 29% on a GAAP basis and 31% on an adjusted basis compared to the prior year.
•The company added 344 retail pawn locations in 2025, increasing its store count by 10% to a total of 3,330 locations globally.
•Adjusted EBITDA for the full year increased 25% to $698 million compared to the prior year, and for the fourth quarter, it increased 27% to $210 million.

View Full Earnings →

Cash Flow Health

Free Cash Flow8/8 positive

TTM$586M

Q4 '25

$207M+52%

Q3 '25

$136M+16%

FCF Margin

TTM16.0%

Q4 '2519.5%+35%

Sector: 3.2%Top 10%

OCF Margin16.0%

OCF/NI1.77x

CapEx Coverage–

FCF Yield8.3%

FCF Growth (2Y)+8%

Cash Conversion Cycle

141 days

DSO: 0+DIO: 141−DPO: 0

View Insights from Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Balanced

Total Shareholder YieldTTM

TTM2.6%

Div Yield1.0%

Buyback (TTM)1.6%

Balancing returns with reinvestment

Dividend & Payout Metrics

Dividend Yield (TTM)1.0%

FCF Payout Ratio12.1%

Free Cash Flow (TTM)$585.9M

Stock Repurchases (TTM)$115.8M

Capital Return / FCF31.9%

Est. Dividends Paid (TTM)$70.9M

Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM

45.8%

Stable

-0.0% YoY-0.1%

P25MedianP75

75th pctl (med: 0.1%)

DuPont BreakdownROIC = Margin × Turn × (1+D/E)

NOPAT Margin

55.0%

8Q: 55.1%

Asset Turnover

0.77x

8Q: 0.77x

Leverage (1+D/E)

1.97x

D/E: 0.97x

DuPont: 83.4% ≈ 45.8% ROIC

Asset & CapEx Efficiency

Fixed Asset Turn

4.84x

8Q:4.99x

-14.2%

Invested Cap Turn

0.83x

8Q:0.84x

Flat

Depreciation Rate Trend

⚠ Declining -3.9%

Asset-based ROIC formula

Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

Metric	TTM	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024
Revenue	$3.7B	$1.1B↑13.1%	$935.6M↑12.6%	$830.6M↓0.7%	$836.4M↓5.4%	$883.8M↑5.6%	$837.3M↑0.8%	$831.0M↓0.6%	$836.4M
Operating Income	$2.7B	$798.3M↑14.2%	$699.1M↑15.0%	$608.1M↓2.2%	$621.8M↓5.4%	$657.3M↑7.3%	$612.4M↑1.6%	$602.6M↓2.0%	$615.2M
Net Income	$330.4M	$104.2M↑25.8%	$82.8M↑38.5%	$59.8M↓28.5%	$83.6M↑0.1%	$83.5M↑28.9%	$64.8M↑32.1%	$49.1M↓20.0%	$61.4M
Operating Cash Flow	$585.9M	$206.6M↑52.2%	$135.8M↑16.2%	$116.9M↓7.7%	$126.6M↓36.1%	$198.1M↑75.2%	$113.1M↑6.5%	$106.2M↓13.3%	$122.5M
Free Cash Flow	$585.9M	$206.6M↑52.2%	$135.8M↑16.2%	$116.9M↓7.7%	$126.6M↓36.1%	$198.1M↑75.2%	$113.1M↑6.5%	$106.2M↓13.3%	$122.5M
Total Equity	N/A

Income Statement Cash Flow Statement Balance Sheet

Valuation Analysis

Fair Value

Price-to-EarningsTTM

21.4x

Volatile

8Q: 81.9x-1429%

Valuation Lenses

Earnings

21.4x

vs – sector

Cash Flow

12.7x

EV/FCF vs –

Growth-Adj

0.7xPEG

Undervalued for growth

Quality-Adj

0.5P/E per %ROIC

ROIC: 45.8%

Shareholder Returns

Dividend

1.0%

Buyback

1.6%

Total Yield

2.6%

Market Cap$7.06B

EV$7.42B

Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score

97/100

Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg

15.4%

8Q:–

Return on Invested Capital (ROIC)Top 25%

45.8%

8Q:–

Flat

vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 55.0%

Asset Turnover: 0.77x

Earnings Quality

Cash Conversion

1.77x

OCF / Net Income ✓

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin50.3%

Capital Efficiency

Invested Capital Turnover0.83x

Working Capital

Cash Conversion Cycle141 days

Growth Quality & Momentum

Moderate Growth

Growth Quality Score

62/100

Growth 40%

Margins 30%

FCF 20%

Consistency 10%

Growth Rates

Revenue Growth YoY

8.0%

OpInc Growth YoY

21.5%

EPS Growth YoY

29.7%

FCF 3Y CAGR

7.7%

Margin Quality & Sustainability

Low Quality

Profitability Cascade

Gross

50.3%

Operating

74.5%

Top 25% in sector

Net

9.0%

Margins Unknown

Earnings Quality Signals

SBC / Revenue

—

FCF vs Net Gap

+7.0 pts

FCF: 16.0% | Net: 9.0%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate

Net Debt / EBITDA

–Net Debt: $2.08B

Interest Coverage

–

Leverage Metrics

Debt-to-Equity

0.97x

Balance sheet risk & solvency analysis