Encore Capital Group vs EZCORP
Encore Capital Group reported revenue of $1.8 billion in fiscal 2025, 1.4 times EZCORP's $1.3 billion in fiscal 2025. Encore Capital Group's revenue grew 34.4% in its latest year, and EZCORP's grew 9.7%. Encore Capital Group had an operating margin of 35.4%, against 11.7% at EZCORP. Free cash flow was $127 million at Encore Capital Group and $110 million at EZCORP. Their fiscal years end in different months (December 31 and September 30), so the periods don't line up exactly.
Side by side
| Encore Capital Group | EZCORP | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Sep 30, 2025 |
| Revenue | $1.8B | $1.3B |
| Revenue growth | 34.4% | 9.7% |
| Revenue growth a year, last 5 years | 3.3% | 9.1% |
| Gross margin | — | 58.5% |
| Operating margin | 35.4% | 11.7% |
| Net margin | 14.5% | 8.6% |
| Free cash flow | $127M | $110M |
| Free cash flow margin | 7.2% | 8.7% |
| Return on capital | 10.5% | 10.9% |
| Net debt to EBITDA | 5.9x | 0.3x |
| Dividends and buybacks | $90M | $7M |
| Change in diluted share count | −1.4% | −1.3% |
| Last close | $114.14 | $28.55 |
| P/E at the last close | 7.3× | 14.4× |
| Insider trades, last 12 months | sold $1.8 million | sold $5.5 million |
| Piotroski F-score | — | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Encore Capital GroupEZCORP
Operating margin
Percent of revenue
Encore Capital GroupEZCORP
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Encore Capital GroupEZCORP
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Encore Capital Group and EZCORP pages.