CluenexFirstCash Holdings FCFS
FirstCash Holdings scores average on business quality (5.5 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What FirstCash Holdings does
FirstCash Holdings operates pawnshops and consumer loan services, generating revenue from retail merchandise sales and pawn service fees paid by cash-strapped borrowers. The business is scaling its footprint through store expansions, backed by Stephens & Co. maintaining an overweight rating.
- What it does best
FirstCash dominates pawn and retail financial services with an operating margin of 16.5%, sitting in the middle of its sector. Its store network creates a physical barrier that online lenders cannot easily replicate.
- The main risk
Net debt stands at $2.1 billion against $125 million in cash, creating vulnerability if consumer retail demand slips and pawn redemptions drop.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin of 16.5% and net margin of 9.4% drive profitability, though returns on equity at 17.1% show moderate scaling efficiency.
The physical pawn store network locks in local retail and cash-borrowing consumers, reflected in a 17.1% return on equity.
Revenue grew to $4.1 billion, up from $3.7 billion in the prior period, showing steady expansion compared to historical annual figures.
Debt-to-equity sits at 1.0 with an interest coverage ratio of 4.9x, while free cash flow reached $532 million, showing moderate balance sheet softness.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $830K outside pre-planned sales.
Our sealed record on FCFS
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
FirstCash Holdings scores average on the Cluenex quality check (5.5 of 10), measured against its own industry. Profitability is fair, moat fair, growth steady and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $830K outside pre-planned sales.
Oct 22, 2026, before the open.
See FCFS today
- Today's verdict on FCFS, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “FirstCash Holdings (FCFS)”, https://cluenex.com/stocks/fcfs/, data as of Oct 10, 2026.