FirstCash Holdings Inc is an operator of pawn stores in the U.S., Latin America and the U.K. The company's primary line of business is the operation of retail pawn stores, also known as pawnshops.
It is a $9.27B consumer company. Revenue grew 21.6% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~0.6 years of free cash flow. It trades at 23.9× earnings — in the most expensive third of its own history.
- Website
- firstcash.com
- Location
- Fort Worth, TX
- Employees
- 22 000
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth and quality.
Valuation65
- P/E vs own history77th pct · 5/25
- FCF yield7.3% · 20/25
- P/S2.2x · 20/25
- EV/EBITDA14.5x · 20/25
Growth100
- Revenue CAGR21.2% · 25/25
- Net income CAGR27.5% · 25/25
- EPS CAGR ~5Y23.7% · 25/25
- Fwd implied growth34.9% · 25/25
Profitability65
- ROIC12.2% · 12/25
- ROE17.1% · 20/25
- Net margin9.4% · 13/25
- Operating margin16.1% · 20/25
Health55
- Altman Zn/a · 0/25
- Current ratio4.89 · 25/25
- Interest coverage4.9x · 10/25
- Net cash / debtD/A 8% · 20/25
Quality97
- Piotroski F7/9 · 22/25
- Beneish M-2.93 · 25/25
- FCF conversion156% · 25/25
- Margin stabilityσ 2.2% · 25/25
Moat69
- ROIC >12% years3/10 yrs · 6/25
- Median gross margin53.7% · 20/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 5.5% · 18/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$330M net income
- 2021AcquisitionFirstCash entered the "buy now, pay later" payments industry with the acquisition of American First Finance
- FY2017FinancialBecame debt-freecash now exceeds total debt
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$1.09B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2016AcquisitionCash America International and First Cash Financial Services completed a "merger of equals",…
- 2010AcquisitionCash America acquired Maxit Financial for $70 million in cash and stock
- 1998MilestoneThe company would continue to grow by purchasing smaller pawn shop chains
- 1998AcquisitionFirst Cash purchased California-based Miraglia Inc, a provider of check-cashing software and owner of 11…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (50.5%)
- Revenue growing 21.6% year over year
- Strong cash conversion — FCF is 16.3% of revenue
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+21.6% YoY
- Profitable — makes more than it spends$388M TTM
- Profit growing — earnings are higher than last year+11.4% YoY
- Generates cash — cash left after running and investing$673M TTM
- Debt under control — could handle its obligations~0.6y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$9.27B market cap
- Not printing shares — share count not ballooning — you keep your slice+6.9% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distresshealth score 35/100
- Pays a dividend — returns cash to shareholdersyield 0.80%
- Valuation not extreme — price not wildly above earningsP/E 23.9
Peer comparisonFirstCash Holdings, Inc. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| FCFS this company | $9.3B | 23.9 | +21.6% | 9.4% | Mixed |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: FCFS vs AMZN · FCFS vs TSLA · FCFS vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/FCFS
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Deeper analysis of FCFS on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $213.70 · market cap $9.27B.