FCFSNasdaqRetail-Miscellaneous RetailFiscal year ends December 31
FirstCash Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 27, 2026
$214.92−0.34 (-0.16%)
Close on Oct 19, 2026
- Market cap
- $9.46B
- P/E (TTM)
- 24.5
- Dividend yield
- 0.74%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
50.3%−5.6 pts over 5 years
Net margin
9.0%+2.5 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 | +8.0% | +10.3% | +17.5% | +17.9% | |
| Gross profit | +13.0% | +13.3% | +15.1% | +16.8% | |
| Net income | +27.6% | +9.2% | +25.4% | +18.5% | |
| EPS, diluted | +29.5% | +11.4% | +23.7% | +13.2% | |
| Free cash flow | +12.6% | +7.0% | +23.5% | +22.2% | |
| Dividend per share | +9.6% | +8.3% | +8.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.4% | 8.1% | 15.3% | |
| Return on assets | 4.1% | 4.4% | 6.8% | |
| Current ratio | 6.21 | 3.03 | 4.55 | |
| Debt to equity | – | 0.48 | 0.97 | |
| Inventory turnover | 2.3× | 3.2× | 4.4× | |
| Capex to revenue | 1.9% | 2.3% | 1.5% | |
| Diluted shares | 35M | 42M | 45M |
Where the cash went
Fiscal 2021 to 2025, five years combined
FirstCash generated $2.23B from operations and spent $1.09B on capital expenditure, dividends and share buybacks. 24% of that went back into the business.
Generated
$2.23B
Used
$1.09B
Capital expenditure$260.91M24%Dividends$305.62M28%Share buybacks$522.70M48%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.0%
×Asset turnover0.75×
×Equity multiplier2.26×
=Return on equity, FY202515.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 9.0% | 0.75× | 2.26× | 15.3% |
| FY2024 | 7.6% | 0.77× | 2.16× | 12.8% |
| FY2023 | 7.0% | 0.77× | 2.11× | 11.3% |
| FY2022 | 9.3% | 0.71× | 2.10× | 13.7% |
| FY2021 | 7.4% | 0.55× | 2.01× | 8.1% |
| FY2020 | 6.5% | 0.68× | 1.83× | 8.1% |
| FY2019 | 8.8% | 0.82× | 1.70× | 12.3% |
| FY2018 | 8.6% | 0.85× | 1.49× | 11.0% |
| FY2017 | 8.1% | 0.85× | 1.44× | 9.8% |
| FY2016 | 5.5% | 0.75× | 1.54× | 6.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$330.38M
- Cash generatingOperating cash flow above zero$585.94M
- Return on assets improvedROA up on the prior year6.0% → 7.4%
- Earnings backed by cashOperating cash flow above net income$585.94M vs $330.38M
- Less leverageLong-term debt to assets fell38.6% → 41.7%
- Better liquidityCurrent ratio rose4.14 → 4.55
- No dilutionShare count did not rise45M → 45M
- Gross margin improvedGross margin up on the prior year48.09% → 50.28%
- More efficientAsset turnover rose0.79 → 0.82