Sector: Financials | Industry: Consumer Lending |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1600 West 7Th Street FORT WORTH TX 76102 |
Tel: | 1-817-8866998 |
Website: | https://ir.firstcash.com |
IR: | See website |
Key People | ||
Daniel R. Feehan Chairman of the Board | T. Brent Stuart President, Chief Operating Officer | Rick L. Wessel Chief Executive Officer, Vice Chairman of the Board |
R. Douglas Orr Chief Financial Officer, Executive Vice President, Treasurer, Company Secretary | Howard F. Hambleton AFF President | Raul R. Ramos Senior Vice President - Latin American Operations |
Business Overview |
FirstCash Holdings, Inc. is an operator of pawn stores in the United States and Latin America. It is a provider of technology-driven, retail point-of-sale (POS) payment solutions focused on serving cash and credit-constrained consumers in the U.S. and Puerto Rico. It operates two business lines: pawn operations and retail POS payment solutions, which are organized into three reportable segments. The U.S. pawn segment consists of pawn operations in 29 U.S. states and the District of Columbia, while the Latin America pawn segment consists of pawn operations in Mexico, Guatemala, Colombia and El Salvador. The retail POS payment solutions segment consists of the operations of American First Finance, LLC (AFF) in all 50 states in the U.S., the District of Columbia and Puerto Rico. Its pawn stores buy and sell a variety of jewelry, electronics, appliances, sporting goods, musical instruments and other merchandise, and make small non-recourse pawn loans secured by pledged personal property. |
Financial Overview |
For the six months ended 30 June 2024, Firstcash Holdings Inc revenues increased 10% to $1.67B. Net income increased 19% to $110.4M. Revenues reflect U.S. Pawn segment increase of 16% to $754.4M, Comparable Store Sales (Growth- %), Dome increase from -2 to 5.5%, Retail Sales-U.S increase of 15% to $467.1M. Net income benefited from Merchandise Margins - % Latin America increase of 4% to 36%. |
Employees: | 19,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,894M as of Jun 30, 2024 |
Annual revenue (TTM): | $3,306M as of Jun 30, 2024 |
EBITDA (TTM): | $536.02M as of Jun 30, 2024 |
Net annual income (TTM): | $237.17M as of Jun 30, 2024 |
Free cash flow (TTM): | $301.70M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $1,566M as of Jun 30, 2024 |
Shares outstanding: | 44,752,000 as of Jun 30, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |