FirstCash Holdings, Inc., along with its affiliates, oversees a widespread network of retail pawn shops throughout the United States, Mexico, and other ...
FirstCash Holdings, Inc. (Nasdaq: FCFS) is a prominent provider of financial services centered on pawn retail operations. Founded in 1988 and headquartered in Fort Worth, Texas, the company has grown to operate over 3,300 stores across the United States, Mexico, Guatemala, El Salvador, and Colombia. Its primary business involves offering ...FirstCash Holdings, Inc. (Nasdaq: FCFS) is a prominent provider of financial services centered on pawn retail operations. Founded in 1988 and headquartered in Fort Worth, Texas, the company has grown to operate over 3,300 stores across the United States, Mexico, Guatemala, El Salvador, and Colombia. Its primary business involves offering collateral-based loans to individuals, typically using items like jewelry, electronics, tools, and appliances. Additionally, it sells merchandise acquired from forfeited loans and direct purchases, and it processes scrap jewelry and trades precious metals and diamonds globally.
With about 22,000 employees, FirstCash focuses on serving cash and credit-constrained consumers who may not have access to traditional banking. The company generates revenue through interest and fees on pawn loans, as well as retail sales of used goods. As a publicly traded firm, it maintains financial discipline through efficient operations, as reflected in its gross profit margin of 48.9% and net profit margin of 9.4%.
The company's leadership includes CEO Rick L. Wessel, who has been at the helm since 2006, and President T. Brent Stuart. Financially, FirstCash has a market capitalization of about $8.78 billion, and it pays a dividend (current yield ~0.8%). Its growth strategy involves expanding its store network, particularly in Latin America, and leveraging technology to enhance loan servicing and customer experience.
Beyond pawn operations, FirstCash is committed to corporate responsibility, emphasizing ethical lending practices and community support. Despite the industry's cyclical nature, the company has demonstrated resilience, achieving an EBITDA margin of 28.6% and a return on equity of 17.1%. With a debt-to-equity ratio of 1.16, it balances expansion with financial stability.
Looking ahead, FirstCash aims to continue its international expansion, potentially entering new Latin American markets, while optimizing its store portfolio and improving operational efficiencies. The company also seeks to increase digital integration, offering online payment options and leveraging data analytics for inventory management and customer insights. Overall, FirstCash remains a key player in the pawn industry, dedicated to providing accessible financial services to underserved populations.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$3.7B
+8.0%
+2.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$330.4M
+27.6%
-13.2%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+51.7%
+7.4%
-4.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+15.4%
+15.5%
-7.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+9.0%
+18.1%
-15.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$531.0M
+12.6%
+11.8%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+14.5%
+4.2%
+9.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
123.8%
+24.0%
+2.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
4.55x
+10.1%
+2.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.