FirstCash Q4 revenue beats estimates on store expansion

Overview

• Pawn store operator's Q4 revenue grew 20%, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company added 344 pawn locations in 2025, boosting global presence

Outlook

• FirstCash expects 2026 pawn segment income to be 90% of total net revenue

• Company forecasts 2026 U.S. pawn fee revenue growth in low double digits

• FirstCash anticipates 2026 Latin America pawn fees to grow mid-teens

Result Drivers

• PAWN RECEIVABLES GROWTH - Co reported record growth in pawn receivables, with U.S. and LatAm segments showing strong double-digit increases

• EXPANSION STRATEGY - Co added 344 pawn locations in 2025, including H&T acquisition in U.K., boosting global presence

• AFF SEGMENT CHALLENGES - AFF segment faced decreased revenues due to merchant bankruptcies but remained profitable and cut operating expenses

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the consumer lending peer group is "buy"

• Wall Street's median 12-month price target for Firstcash Holdings Inc is $181.50, about 5.6% above its February 4 closing price of $171.92

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX6M7lfy

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