Encore Capital Group vs FirstCash
FirstCash reported revenue of $3.7 billion in fiscal 2025, 2.1 times Encore Capital Group's $1.8 billion in fiscal 2025. Encore Capital Group's revenue grew 34.4% in its latest year, and FirstCash's grew 8.0%. Free cash flow was $127 million at Encore Capital Group and $531 million at FirstCash.
Side by side
| Encore Capital Group | FirstCash | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.8B | $3.7B |
| Revenue growth | 34.4% | 8.0% |
| Revenue growth a year, last 5 years | 3.3% | 17.5% |
| Gross margin | — | 50.3% |
| Operating margin | 35.4% | — |
| Net margin | 14.5% | 9.0% |
| Free cash flow | $127M | $531M |
| Free cash flow margin | 7.2% | 14.5% |
| Return on capital | 10.5% | 10.7% |
| Net debt to EBITDA | 5.9x | 3.3x |
| Dividends and buybacks | $90M | $187M |
| Change in diluted share count | −1.4% | −1.4% |
| Last close | $114.14 | $185.67 |
| P/E at the last close | 7.3× | 20.1× |
| Insider trades, last 12 months | sold $1.8 million | sold $20.6 million |
| Piotroski F-score | — | 8 of 9 |
Amounts in each company's own currency, US$ 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 GroupFirstCash
Operating margin
Percent of revenue
Encore Capital GroupFirstCash
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Encore Capital GroupFirstCash
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 FirstCash pages.