# FirstCash Holdings, Inc. (FCFS)

> Source: Nexqual · https://nexqual.com/FCFS · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, FirstCash Holdings, Inc. (FCFS), nexqual.com/FCFS" · informational, not investment advice.

**Price:** USD 184.78 (-14.75% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 216.75 · day 180–216.9 · 52w 146.77–238.93 · market cap $8.01B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $4.12B, net income $388M (9.4% margin) (SEC filings).
- Valuation: P/E 20.6x (avg 20.7x at the last 3 fiscal year-ends), net debt $2.17B.
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $9.3M; 4 not under a Rule 10b5-1 plan ($3.4M); 0 by opportunistic insiders, 2 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (4 analysts), mean target USD 249.25 (range 242–255).
- Total return with dividends: 1Y +20.4% vs S&P 500 +14.9%; 5Y +116.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 3.07, revenue estimate $1.11B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.70B | $2.73B | $3.15B | $3.39B | $3.66B | $4.12B |
| Gross profit | $919M | $1.26B | $1.51B | $1.63B | $1.84B | — |
| Net income | $125M | $253M | $219M | $259M | $330M | $388M |
| EPS (diluted) | $3.04 | $5.36 | $4.80 | $5.73 | $7.42 | — |
| Free cash flow | $181M | $434M | $356M | $472M | $531M | — |
| Gross margin | 54.1% | 46.3% | 47.8% | 48.1% | 50.3% | — |
| Net margin | 7.4% | 9.3% | 7.0% | 7.6% | 9.0% | 9.4% |
| Revenue growth | +4.1% | +60.6% | +15.5% | +7.5% | +8.0% | — |
| Cash + short-term investments | $120M | $117M | $127M | $175M | $125M | — |
| Total debt | $1.29B | $1.37B | $1.61B | $1.73B | $2.21B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 20.6x · P/S 1.9x · EV/Sales 2.5x · P/B 3.5x · Earnings yield 4.84% · Dividend yield (paid, TTM) 0.92% · Buyback yield (TTM) 2.15% · Net debt $2.17B · EV $10.2B
P/E at fiscal year-ends: Dec 2025 21.5x, Dec 2024 18.1x, Dec 2023 22.6x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
6 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Graves James H | Director | 3,750 | $830K | 25.1% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-18 | Hambleton Howard F | AFF President | 2,000 | $426K | 6.2% | Yes | Too little history (no open-market trades in 2024) |
| 2026-08-17 | Stuart Thomas Brent | President and COO | 5,348 | $1.1M | 3.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-17 | Orr R Douglas | EVP & Chief Financial Officer | 3,000 | $648K | 1.7% | Yes | Routine (sold in Nov each year 2023–2025; this trade is outside those months) |
| 2026-06-05 | Ramos Raul | SVP Latin American Operations | 6,835 | $1.5M | 22.3% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-28 | Ramos Raul | SVP Latin American Operations | 3,165 | $732K | 9.4% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-19 | Hambleton Howard F | AFF President | 3,000 | $679K | 8.5% | Yes | Too little history (no open-market trades in 2024) |
| 2026-05-18 | Stuart Thomas Brent | President and COO | 10,000 | $2.3M | 6.6% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-18 | Orr R Douglas | EVP & Chief Financial Officer | 3,000 | $682K | 1.7% | Yes | Routine (sold in Nov each year 2023–2025; this trade is outside those months) |
| 2026-05-01 | Garrett Paula K | Director | 1,500 | $326K | 18.6% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 249.25 (low 242, high 255).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Canaccord Genuity | Target raised | Buy | $252 → $265 |
| 2026-10-06 | TD Cowen | Target raised | Buy | $240 → $242 |
| 2026-10-01 | Stephens & Co. | Reiterated | Overweight | $250 |
| 2026-08-10 | Loop Capital | Upgrade | Hold → Buy | $255 |
| 2026-07-07 | TD Cowen | Target raised | Buy | $235 → $240 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +20.4% | +116.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +20.5% | +16.7% |
| Volatility (annualized) | 35.6% | 27.5% |
| Max drawdown | -21.9% (Aug 2026→Oct 2026) | -30.0% (Oct 2021→Nov 2021) |

## Peers (Credit Services)
OMF (OneMain Holdings, Inc.) USD 57.11 +0.49% · CACC (Credit Acceptance Corporation) USD 558.9 +3.26% · ALLY (Ally Financial Inc.) USD 39.31 +1.60% · KLAR (Klarna Group plc) USD 13.23 +0.84% · SEZL (Sezzle Inc.) USD 139.3 +2.26% · NNI (Nelnet, Inc.) USD 125.85 +0.26%

## More
Full page: https://nexqual.com/FCFS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| UNITED STATES | $2.62B | 71.6% | +1.7% |
| Mexico | $836.2M | 22.8% | +9.4% |
| UNITED KINGDOM | $150.7M | 4.1% | — |
| Other Latin America | $53.3M | 1.5% | +12.3% |
| Total revenue | $3.66B | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $3.07 | $3.35 | -8.5% | $1.11B | 3 |
| Next quarter (ends 2027-03-31) | $2.82 | $2.94 | -4.1% | $1.13B | 4 |
| Current fiscal year (ends 2026-12-31) | $10.88 | $11.29 | -3.6% | $4.36B | 2 |
| Next fiscal year (ends 2027-12-31) | $12.84 | $13.05 | -1.6% | $4.66B | 4 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 41.7% | ±9.1% |
| 2026-12-18 | 56 | 39.4% | ±12.4% |
| 2027-03-19 | 147 | 37.6% | ±19.0% |
| 2027-06-17 | 237 | 38.7% | ±24.6% |