30 years of historical data (1996–2025) · Financial Services · Financial - Credit Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FirstCash Holdings, Inc trades at 26.0x earnings, 26% above its 5-year average of 20.6x, sitting at the 62nd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 89%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.5B | $7.1B | $4.7B | $5.0B | $4.1B | $3.1B | $2.9B | $3.5B | $3.2B | $3.2B | $1.6B |
| Enterprise Value | $8.6B | $7.2B | $6.5B | $6.7B | $5.7B | $4.5B | $3.7B | $4.3B | $3.8B | $3.5B | $2.0B |
| P/E Ratio → | 25.98 | 21.48 | 18.08 | 22.58 | 16.21 | 24.61 | 27.36 | 21.16 | 21.22 | 22.48 | 27.33 |
| P/S Ratio | 2.32 | 1.94 | 1.37 | 1.57 | 1.51 | 1.81 | 1.79 | 1.87 | 1.82 | 1.81 | 1.51 |
| P/B Ratio | 3.77 | 3.12 | 2.27 | 2.48 | 2.19 | 1.70 | 2.27 | 2.58 | 2.46 | 2.19 | 1.13 |
| P/FCF | — | — | 9.88 | 13.91 | 9.48 | 16.93 | 15.77 | 18.60 | 15.63 | 16.62 | 21.53 |
| P/OCF | — | — | 8.63 | 11.90 | 8.76 | 13.74 | 13.11 | 15.04 | 13.34 | 14.66 | 16.99 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
FirstCash Holdings, Inc's enterprise value stands at 8.7x EBITDA, 7% below its 5-year average of 9.3x. The Financial Services sector median is 11.1x, placing the stock at a 22% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.97 | 1.93 | 2.14 | 2.08 | 2.67 | 2.30 | 2.33 | 2.11 | 1.98 | 1.85 |
| EV / EBITDA | 8.66 | 7.27 | 6.61 | 7.41 | 7.65 | 17.73 | 15.74 | 14.47 | 13.29 | 12.89 | 11.10 |
| EV / EBIT | 15.30 | 12.69 | 14.58 | 17.48 | 14.37 | 22.80 | 21.65 | 16.81 | 16.06 | 17.92 | 17.68 |
| EV / FCF | — | — | 13.85 | 18.96 | 13.07 | 25.02 | 20.29 | 23.22 | 18.13 | 18.10 | 26.33 |
Margins and return-on-capital ratios measuring operating efficiency
FirstCash Holdings, Inc earns an operating margin of 15.4%, below the Financial Services sector average of 21.9%. Operating margins have expanded from 12.4% to 15.4% over the past 3 years, signaling improving operational efficiency. ROE of 15.3% indicates solid capital efficiency, compared to the sector median of 9.1%. ROIC of 12.7% represents solid returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 48.1% | 47.8% | 46.3% | 54.1% | 55.9% | 54.6% | 54.3% | 53.2% | 55.6% |
| Operating Margin | 15.4% | 15.4% | 13.3% | 12.4% | 10.4% | 11.6% | 12.0% | 13.9% | 13.5% | 12.2% | 13.7% |
| Net Profit Margin | 9.0% | 9.0% | 7.6% | 7.0% | 9.3% | 7.4% | 6.5% | 8.8% | 8.6% | 8.1% | 5.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.3% | 15.3% | 12.8% | 11.3% | 13.7% | 8.1% | 8.1% | 12.3% | 11.0% | 9.8% | 6.4% |
| ROA | 6.8% | 6.8% | 5.9% | 5.4% | 6.5% | 4.0% | 4.4% | 7.2% | 7.3% | 6.8% | 4.1% |
| ROIC | 12.7% | 12.7% | 8.4% | 7.8% | 6.1% | 5.3% | 6.6% | 9.3% | 9.5% | 8.6% | 8.6% |
| ROCE | 12.5% | 12.5% | 11.1% | 10.3% | 8.0% | 7.0% | 8.9% | 12.3% | 12.3% | 11.0% | 11.0% |
Solvency and debt-coverage ratios — lower is generally safer
FirstCash Holdings, Inc carries a Debt/EBITDA ratio of 0.3x, which is very conservative (94% below the sector average of 4.1x). Net debt stands at $124M ($249M total debt minus $125M cash). Interest coverage of 4.6x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 1.00 | 0.96 | 0.89 | 0.88 | 0.70 | 0.68 | 0.45 | 0.27 | 0.31 |
| Debt / EBITDA | 0.25 | 0.25 | 2.07 | 2.11 | 2.25 | 6.20 | 3.78 | 3.03 | 2.08 | 1.47 | 2.52 |
| Net Debt / Equity | — | 0.05 | 0.91 | 0.90 | 0.83 | 0.81 | 0.65 | 0.64 | 0.39 | 0.20 | 0.25 |
| Net Debt / EBITDA | 0.12 | 0.12 | 1.90 | 1.97 | 2.10 | 5.73 | 3.50 | 2.88 | 1.83 | 1.05 | 2.02 |
| Debt / FCF | — | — | 3.97 | 5.05 | 3.58 | 8.09 | 4.51 | 4.62 | 2.50 | 1.48 | 4.80 |
| Interest Coverage | 4.64 | 4.64 | 4.28 | 4.18 | 4.02 | 6.09 | 6.68 | 7.60 | 8.24 | 9.05 | 7.35 |
Short-term solvency ratios and asset-utilisation metrics
FirstCash Holdings, Inc's current ratio of 4.55x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.89x to 4.55x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.55 | 4.55 | 4.14 | 3.89 | 3.83 | 2.88 | 3.03 | 3.65 | 5.94 | 6.99 | 6.21 |
| Quick Ratio | 4.55 | 4.55 | 4.14 | 3.89 | 3.83 | 2.88 | 3.03 | 3.65 | 5.94 | 6.99 | 6.21 |
| Cash Ratio | 0.31 | 0.31 | 0.52 | 0.38 | 0.40 | 0.31 | 0.32 | 0.23 | 0.54 | 0.95 | 0.63 |
| Asset Turnover | — | 0.69 | 0.76 | 0.73 | 0.70 | 0.44 | 0.69 | 0.76 | 0.84 | 0.86 | 0.51 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FirstCash Holdings, Inc does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 3.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 1.4% | 1.2% | 1.4% | 1.5% | 1.5% | 1.3% | 1.3% | 1.1% | 1.2% |
| Payout Ratio | — | — | 25.4% | 28.2% | 23.5% | 38.1% | 42.0% | 26.7% | 26.7% | 25.6% | 32.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.8% | 4.7% | 5.5% | 4.4% | 6.2% | 4.1% | 3.7% | 4.7% | 4.7% | 4.4% | 3.7% |
| FCF Yield | — | — | 10.1% | 7.2% | 10.5% | 5.9% | 6.3% | 5.4% | 6.4% | 6.0% | 4.6% |
| Buyback Yield | 0.0% | 0.0% | 1.8% | 2.3% | 3.8% | 1.6% | 3.7% | 3.3% | 8.4% | 2.8% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 3.2% | 3.6% | 5.3% | 3.2% | 5.2% | 4.6% | 9.7% | 4.0% | 1.2% |
| Shares Outstanding | — | $45M | $45M | $46M | $47M | $41M | $42M | $43M | $45M | $48M | $35M |
Compare FCFS with 4 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| FCFSYou | $8B | 26.0 | 8.7 | — | 100.0% | 15.4% | 15.3% | 12.7% | 0.3 |
| EZPW | $2B | 18.7 | 10.6 | 14.8 | 58.5% | 11.7% | 12.0% | 7.1% | 4.2 |
| JCAP | $1B | 11.4 | 10.4 | 7.4 | 71.2% | 50.8% | 32.0% | 12.6% | 5.3 |
| PRAA | $616M | 8.8 | 11.0 | — | 61.0% | 30.2% | 5.8% | 5.0% | 9.6 |
| LMFA | $6M | -0.1 | 7.7 | — | 36.4% | -58.7% | -20.8% | -12.3% | 5.9 |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonFirstCash Holdings, Inc's current P/E ratio is 26.0x. The historical average is 26.7x. This places it at the 62th percentile of its historical range.
FirstCash Holdings, Inc's current EV/EBITDA is 8.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.7x.
FirstCash Holdings, Inc's return on equity (ROE) is 15.3%. The historical average is 13.3%.
Based on historical data, FirstCash Holdings, Inc is trading at a P/E of 26.0x. This is at the 62th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
FirstCash Holdings, Inc has 100.0% gross margin and 15.4% operating margin. Operating margin between 10-20% is typical for established companies.
FirstCash Holdings, Inc's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.