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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

FirstCash Holdings, Inc (FCFS) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Financial - Credit Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

FirstCash Holdings, Inc's quarterly P/E stands at 21.3x, up 6.8% year-over-year. EV/EBITDA has expanded 29.0% YoY to 9.4x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →25.9821.2925.2116.0913.9219.9324.2823.6217.7119.9223.5723.3812.63
—+6.8%+3.9%-31.9%-21.4%+0.1%+3.0%+1.0%+40.2%+36.9%+145.5%-22.9%-58.8%
P/S Ratio2.321.901.831.621.321.541.431.731.441.451.421.451.35
—+23.5%+28.0%-6.5%-8.8%+6.4%+0.6%+19.5%+7.1%+12.9%+11.4%+12.5%-25.3%
P/B Ratio3.773.242.842.632.272.582.402.832.472.382.252.362.15
—+25.4%+18.3%-7.1%-8.0%+8.7%+6.8%+19.9%+14.7%+24.3%+23.8%+22.6%+7.2%
P/FCF—14.3314.6211.896.2612.9414.8115.0614.3712.2413.2311.417.35
—+10.8%-1.3%-21.0%-56.4%+5.7%+11.9%+32.0%+95.5%+26.5%+50.6%+52.0%-39.2%
EV / EBITDA8.669.4115.267.306.257.307.167.456.656.756.977.046.56
—+29.0%+113.1%-2.0%-6.1%+8.1%+2.7%+5.8%+1.3%+1.0%-3.4%+1.9%-64.6%
EV / EBIT15.3016.5418.6213.1511.9515.7918.1517.4914.2315.5617.9717.7111.51
—+4.8%+2.6%-24.8%-16.0%+1.5%+1.0%-1.2%+23.6%+16.4%+88.9%-21.9%-57.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

FirstCash Holdings, Inc's operating margin was 16.0% in Q3 2025, up 3.3 pp QoQ and up 2.5 pp YoY. Gross margin contracted 7.3% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin100.0%50.6%49.7%50.7%49.1%54.6%44.4%44.2%49.0%49.4%47.0%45.6%46.6%
—-7.3%+12.0%+14.7%+0.1%+10.5%-5.6%-3.1%+5.2%+2.8%+1.2%+3.4%+2.4%
Operating Margin15.4%16.0%12.7%16.2%15.5%13.5%11.4%12.6%14.2%13.3%10.8%10.9%12.8%
—+18.4%+10.9%+28.4%+8.9%+1.2%+6.2%+16.2%+10.9%+19.6%+21.4%+29.2%+51.0%
Net Margin9.0%8.9%7.2%10.0%9.5%7.7%5.9%7.3%8.2%7.3%6.0%6.2%10.7%
—+14.3%+21.9%+36.2%+15.8%+6.5%-1.9%+18.1%-23.6%-17.6%-54.7%+46.4%+82.5%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE15.3%3.8%2.8%4.1%4.1%3.3%2.4%3.0%3.6%3.0%2.4%2.5%4.3%
—+17.1%+16.8%+33.9%+15.9%+8.8%+1.7%+20.2%-18.2%-8.5%-50.1%+61.2%+129.5%
ROA6.8%1.7%1.3%1.9%1.9%1.5%1.1%1.4%1.6%1.4%1.2%1.2%2.1%
—+14.8%+16.8%+30.6%+14.6%+5.9%-0.8%+17.9%-20.3%-9.3%-49.5%+65.0%+123.6%
ROIC12.7%2.5%1.9%2.5%2.5%2.1%1.8%2.0%2.4%2.1%1.7%1.8%2.1%
—+18.8%+5.8%+22.5%+7.1%-0.4%+6.2%+15.1%+14.4%+29.8%+33.0%+41.7%+83.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

FirstCash Holdings, Inc's Debt/EBITDA ratio is 10.1x, down from 15.4x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 15.8% YoY to 4.99x, strengthening the short-term liquidity position.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.111.170.950.991.001.031.010.910.960.990.900.880.89
—+14.1%-6.4%+8.9%+3.6%+3.8%+12.2%+3.3%+8.4%+7.6%+2.3%+0.3%+1.3%
Debt / EBITDA0.2510.1415.438.137.848.438.627.367.618.058.117.767.84
—+20.3%+79.0%+10.5%+3.0%+4.7%+6.3%-5.1%-2.8%-9.2%-15.8%-12.2%-66.1%
Current Ratio4.554.994.214.394.144.314.033.993.893.893.663.503.83
—+15.8%+4.3%+10.1%+6.2%+10.8%+10.1%+14.0%+1.8%+12.6%+18.8%+30.4%+32.9%
Quick Ratio4.554.994.214.394.144.314.033.993.893.893.663.503.83
—+15.8%+4.3%+10.1%+6.2%+10.8%+10.1%+14.0%+1.8%+12.6%+18.8%+30.4%+32.9%
Interest Coverage4.644.633.994.945.044.113.774.164.564.243.833.974.82
—————————————

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Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is FirstCash Holdings, Inc's quarterly P/E ratio trend?

FirstCash Holdings, Inc's current P/E is 26.0x. The average P/E over the last 4 quarters is 19.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do FirstCash Holdings, Inc's margins change by quarter?

FirstCash Holdings, Inc's current operating margin is 15.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at FCFS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking FirstCash Holdings, Inc's business trajectory between earnings reports.

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