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FirstCash Holdings (FCFS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

FirstCash Holdings
NasdaqGS•Financial Services•Credit Services
$193.71+12.46(0.07%)Pre-market
Market Cap
$8.34B
P/E
20.5x
P/S
1.9x
P/B
3.7x

FirstCash Holdings, Inc., together with its subsidiaries, operates retail pawn stores in the United States, Mexico, rest of Latin America, and the United Kingdom. The company operates through four segments: U.S. Pawn, Latin America Pawn, U.K. Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures and over-the-counter purchases from customers. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash Holdings, Inc. in December 2021. FirstCash Holdings, Inc. was incorporated in 1988 and is headquartered in Fort Worth, Texas.

A

How this company scores

ExcellentMetricSide Score: 85/100

Strongest: Growth (25/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability22/25
Growth25/25
Balance Sheet & Red Flags13/25
Cash & Earnings Quality25/25
Strengths
Growing revenueRising free cash flowHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.5x5y range 17.8x – 42.9x
P/E 20.5x · near its 20-quarter median

Currently near its 20-quarter median.

P/S · 1.9x5y range 1.4x – 2.6x
P/S 1.9x · near its 20-quarter median

Currently near its 20-quarter median.

P/B · 3.7x5y range 2.2x – 4.1x
Price & Volume
Market Cap $8.34B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$4.29B
5Q
Q. Revenue
$1.10B
2Q
TTM EBITDA
$681.23M
7Q
TTM Op. Income
$553.59M
7Q
Q. Op. Income
$138.67M
23%
TTM Net Income
$406.49M
7Q
Q. Net Income
$101.15M
22%
EPS
$2.35
26%
Shares Out.
$43.05M
2Q
$4.29B in TTM revenue grew 22.9% YoY, reaching $1.10B last quarter. TTM EBITDA of $681.23M and TTM operating income of $553.59M show growth is flowing through to the bottom line. TTM net income of $406.49M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
49.5%
2Q
EBITDA Margin
15.5%
3%
Op. Margin
12.6%
5%
Net Margin
9.2%
4%
Op. margin of 12.6% is up 0.6% YoY — cost efficiency is improving. Net margin at 9.2% and gross margin of 49.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 5% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
20.5x
7%
P/S Ratio
1.9x
1%
P/B Ratio
3.7x
18%
At 20.5x P/E, the stock trades within typical market levels. P/S of 1.9x and P/B of 3.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 7% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$5.56B
6Q
Cash
$203.16M
3Q
Long-Term Debt
$2.45B
3Q
Book Value
$2.27B
3%
D/E Ratio
1.1
3Q
Debt/EBITDA
14.3
8%
With $5.56B in assets and $2.45B in long-term debt, D/E is 1.1and book value is $2.27B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$141.99M
5%
TTM Free Cash Flow
$598.63M
15%
FCF Margin
14.0%
6%
FCF / Net Income
1.5
12%
TTM FCF of $598.63M on $141.99M in operating cash flow. The FCF / Net Income ratio of 1.5x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 15% — a weakening trend.

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· above its 20-quarter median

Currently above its 20-quarter median.