WRLDNasdaqPersonal Credit InstitutionsFiscal year ends March 31
WORLD ACCEPTANCE CORP
Financials through Q1 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$168.19−3.45 (-2.01%)
Close on Oct 19, 2026
- Market cap
- $770.50M
- P/E (TTM)
- 20.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
5.9%−10.8 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 | +3.7% | -1.7% | +2.1% | +0.5% | |
| Net income | -61.2% | +17.7% | -17.1% | -8.9% | |
| EPS, diluted | -57.6% | +24.1% | -12.3% | -3.7% | |
| Free cash flow | +2.0% | -3.7% | +3.5% | +2.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.3% | 21.6% | 8.8% | |
| Return on assets | 9.2% | 8.9% | 3.4% | |
| Capex to revenue | 1.4% | 2.2% | 0.7% | |
| Diluted shares | 9M | 7M | 5M |
Where the cash went
Fiscal 2021 to 2025, five years combined
World Acceptance generated $1.34B from operations and spent $373.67M on capital expenditure, dividends and share buybacks. 7% of that went back into the business.
Generated
$1.34B
Used
$373.67M
Capital expenditure$25.40M7%Dividends$00%Share buybacks$348.28M93%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.9%
×Asset turnover0.57×
×Equity multiplier2.62×
=Return on equity, FY20258.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.9% | 0.57× | 2.62× | 8.8% |
| FY2024 | 15.8% | 0.55× | 2.40× | 20.8% |
| FY2023 | 13.5% | 0.53× | 2.70× | 19.1% |
| FY2022 | 3.4% | 0.53× | 3.09× | 5.6% |
| FY2021 | 9.2% | 0.54× | 2.79× | 13.9% |
| FY2020 | 16.7% | 0.53× | 2.43× | 21.6% |
| FY2019 | 4.8% | 0.63× | 1.96× | 5.8% |
| FY2018 | 6.8% | 0.64× | 1.55× | 6.8% |
| FY2017 | 10.7% | 0.61× | 1.64× | 10.7% |
| FY2016 | 15.0% | 0.61× | 1.88× | 17.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$34.59M
- Cash generatingOperating cash flow above zero$259.36M
- Return on assets improvedROA up on the prior year8.4% → 3.4%
- Earnings backed by cashOperating cash flow above net income$259.36M vs $34.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise6M → 5M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.53 → 0.58