EZPWNasdaqRetail-Miscellaneous RetailFiscal year ends September 30
EZCORP INC
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$32.75−0.25 (-0.76%)
Close on Oct 19, 2026
- Market cap
- $2.73B
- P/E (TTM)
- 16.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
58.5%+4.0 pts over 5 years
Operating margin
11.7%+17.6 pts over 5 years
Net margin
8.6%+16.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.7% | +12.9% | +9.1% | +5.9% | |
| Gross profit | +9.3% | +12.2% | +10.7% | +6.4% | |
| Operating income | +32.6% | +25.8% | – | – | |
| Net income | +31.9% | +29.8% | – | – | |
| EPS, diluted | +29.1% | +26.6% | – | – | |
| Free cash flow | +41.9% | +47.2% | +40.0% | +7.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -12.9% | – | – | |
| Return on assets | -7.4% | -6.0% | 6.4% | |
| Current ratio | 5.08 | 4.48 | 5.61 | |
| Debt to equity | 0.48 | – | 0.51 | |
| Net debt to EBITDA | 3.65× | 3.49× | 0.27× | |
| Interest coverage | 1.8× | -2.2× | 6.5× | |
| Inventory turnover | 2.3× | 2.7× | 2.4× | |
| Capex to revenue | 1.8% | 3.5% | 3.0% | |
| Diluted shares | 54M | 55M | 83M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ezcorp generated $477.39M from operations and spent $208.30M on capital expenditure, dividends and share buybacks. 82% of that went back into the business.
Generated
$477.39M
Used
$208.30M
Capital expenditure$170.27M82%Dividends$00%Share buybacks$38.04M18%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.7%
×Asset turnover0.75×
×Equity multiplier1.96×
=Return on equity, FY20235.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 3.7% | 0.75× | 1.96× | 5.3% |
| FY2019 | 0.3% | 0.73× | 1.56× | 0.3% |
| FY2018 | 4.6% | 0.72× | 1.61× | 5.3% |
| FY2017 | 4.2% | 0.75× | 1.60× | 5.0% |
| FY2016 | -11.1% | 0.67× | 1.74× | -12.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$109.61M
- Cash generatingOperating cash flow above zero$148.99M
- Return on assets improvedROA up on the prior year5.7% → 7.3%
- Earnings backed by cashOperating cash flow above net income$148.99M vs $109.61M
- Less leverageLong-term debt to assets fell15.0% → 26.6%
- Better liquidityCurrent ratio rose2.71 → 5.61
- No dilutionShare count did not rise84M → 83M
- Gross margin improvedGross margin up on the prior year58.74% → 58.55%
- More efficientAsset turnover rose0.79 → 0.85