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Ezcorp Inc (EZPW) stock

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NASDAQ: EZPW Nasdaq Consumer Finance Next results ~November 18, 2026

B Fundamentals grade

Ezcorp Inc is a US-listed company in the consumer finance industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($61.39) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($61.39) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating. We'll show the comparison once resolved.

Ezcorp Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 7 selling0 purchases and 12 sales by directors and officers, last 12 monthsInsider trades
  • Funds136 adding, 153 cuttingOf 50 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ezcorp files

Where Ezcorp stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.58bn, up 28.6% on a year earlier, faster than the 22.8% growth a quarter earlier. Free-cash-flow margin held at 8.7%. Operating margin widened to 13.9% from 11.2%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 7 financial-health checks.

Our model value for Ezcorp is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 18, 2026 (estimated)

Ezcorp Inc's trailing-twelve-month revenue grew 28.6% year on year, with a free-cash-flow margin of 8.7%. Where it stands out: change in growth rate of +5.8pp ranks 8 of 38 consumer finance companies we cover.

Our discounted-cash-flow model values the business at ~$61 per share in the base case (~$46–$81 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to 28.6% (+5.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 28.6% over the last 12 months, against a median of 10.4% for consumer finance companies we cover.
  • Growth speeding up. The growth rate is 5.8 points higher than a quarter earlier.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 12 November; the share price can move sharply on the day.
  • Heavily shorted. 28.3% of the shares available to trade are sold short (17.7 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 5, 2026
Earnings per share
$0.47 against an average estimate of $0.41: beat by 15.2%
Revenue
$419m, up 34.7% on a year earlier
Share reaction
-5.9% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 18, 2026; average EPS estimate $0.43

Ezcorp's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.2%
  • 1 week0.0%
  • 1 month-4.8%
  • This year+48.0%
  • 1 year+57.5%
  • 5 years+278.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.6B
Operating margin
13.9%
Net margin
10.0%
EPS (TTM, diluted)
$1.89

Growth

Revenue growth
+28.6%
Change in growth rate
+5.8 pts
Share count change
−0.0%

Cash

Free cash flow (TTM)
$138M
FCF margin
8.7%
Stock pay % of revenue
1.0%

Earnings

Last results
August 5, 2026
Next results (est.)
November 12, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ezcorp Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($61.39) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Ezcorp Inc's free cash flow after stock-based pay ( $128M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Ezcorp Inc as a bank or lender, with every model that fits that kind of business. Cost of equity 7.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.62 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$61 ~$46–$81 Left out: far from the other models (more than 3x away from their median)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$18 ~$12–$30 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$19 ~$16–$24 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$18 ~$11–$26 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$11 ~$15–$22 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$22 ~$20–$26 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ezcorp Inc with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$11.06$9.50$10.70$6.46$5.03$7.57$7.71$8.25$11.21$19.04$28.74
Market value$602m$516m$619m$362m$278m$424m$635m$667m$947m$1.6bn$2.4bn
+ Net debt (− = net cash)$252m$181m$132m$160m$13m$63m$110m$147m$163m$60m$219m
Enterprise value$854m$697m$751m$522m$291m$486m$746m$814m$1.1bn$1.6bn$2.6bn
Multiples
Price / sales 0.8x0.7x0.8x0.4x0.3x0.6x0.7x0.6x0.8x1.2x1.5x
Price / earnings —16.4x16.6x142.3x—49.2x12.7x17.3x11.4x14.5x15.2x
Price / free cash flow 11.0x20.1x12.8x5.6x13.5x18.5x18.3x10.9x12.2x14.4x17.4x
EV / EBITDA 14.8x9.1x8.1x6.9x—7.9x7.0x6.6x7.6x9.1x10.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

40 /100

Weak moat

How hard Ezcorp's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 1 / 20

    Net income has been a median 2.4% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 58.6%, moving by 1.3 percentage points (standard deviation) across 10 years.

  • Durability 1 / 20

    Operating margin has been a median 7.9%; its worst year was -1.7%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 10 of 10 years, at a median 5.6% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 50.6% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (44 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 18, 2026, after the close. Analysts expect revenue of $428m and EPS of $0.43 (range $0.40 to $0.49) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.03 +42% $1.7bn +32%
Next $2.22 +9% $1.8bn +9%

Next year's EPS estimate has moved +3.5% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.8% on 90 days ago. In the last 30 days, 3 analysts raised Ezcorp Inc's forecast and 0 cut it.

Consensus EPS forecast Ezcorp Inc, last 90 days
$1.90 $2.00 $2.10 $2.20 $2.30 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.00 Current fiscal year, 60 days ago: $2.04 Current fiscal year, 30 days ago: $2.04 Current fiscal year, 7 days ago: $2.03 Current fiscal year, Now: $2.03 $2.03 Next fiscal year, 90 days ago: $2.14 Next fiscal year, 60 days ago: $2.19 Next fiscal year, 30 days ago: $2.19 Next fiscal year, 7 days ago: $2.21 Next fiscal year, Now: $2.22 $2.22

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.00$2.14
60 days ago $2.04$2.19
30 days ago $2.04$2.19
7 days ago $2.03$2.21
Now $2.03$2.22

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.41 $0.47 +15.2%
Mar 2026 $0.41 $0.58 +43.2%
Dec 2025 $0.43 $0.55 +29.1%
Sept 2025 $0.30 $0.34 +14.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026

No numeric guidance in Ezcorp Inc's latest earnings release (filed August 5, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Ezcorp Inc's revenue by +15.8% next year and +17.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+13.3%, weight 62%) and the company's own record (+20.0%, weight 38%) . How the weights are set.

Analyst recommendations

5 analysts, Nov 2026
Buy480%
Hold120%
Sell00%

Monthly trend

  1. Nov 20261315
  2. Oct 20261315
  3. Sep 20261326

Counts of recommendations published by analysts covering Ezcorp Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
28.3%
of tradable shares
Days to cover
17.7
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
4.4%
of shares
Employees
8,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +57.5%

$18.25 on October 31, 2025 to $28.74

ThenNowEffect
Revenue (last 12 months) $1.2bn $1.6bn +28.6%
Net margin 8.0% 10.0% +25.5%
P/E multiple 15.5x 15.2x −2.5%
Share count 84m 84m 0.0%

Biggest factor: revenue.

Last 3 years +238.5%

$8.49 on November 3, 2023 to $28.74

ThenNowEffect
Revenue (last 12 months) $1.0bn $1.6bn +56.6%
Net margin 3.5% 10.0% +184.4%
P/E multiple 18.4x 15.2x −17.8%
Share count 77m 84m −7.5%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
EZPW+54%+11%+7%+40%+59%+48%
Industry peers (median)+38%−34%+15%+19%+20%−4%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
EZPW50%67%42%42%75%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
EZPW−26%−25%−18%−16%−21%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 77% from May 7, 2018 to March 25, 2020. Getting back needed a 327% gain, reached on March 26, 2025, 1827 days after the low.

Price behaviour

52-week range
$17.41 – $35.59
From 52-week high
−19.2%
vs 50-day average
−8.8%
vs 200-day average
−3.1%
Volatility (1 year)
43%
Beta vs S&P 500
1.38

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±3.9%
After a week
6 up, 6 down
typical move ±8.0%
After a month
9 up, 3 down
typical move ±11.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −5.9% −0.4% −6.7% +7.4%
May 6, 2026 −1.6% +1.1% −1.3% −4.4%
February 4, 2026 +3.8% −1.7% +12.6% +14.7%
November 13, 2025 −1.4% −1.7% −2.2% +14.1%
July 30, 2025 +9.1% −0.5% +17.0% +25.8%
April 28, 2025 −2.4% +0.7% −5.0% −19.7%
February 5, 2025 +2.4% +0.8% +15.2% +10.5%
November 13, 2024 +2.1% −0.6% +2.7% +3.7%
July 31, 2024 +1.1% +0.2% +8.0% +13.7%
May 1, 2024 −4.0% +0.6% −5.8% −4.5%
January 31, 2024 +11.1% −0.3% +16.3% +18.5%
November 15, 2023 −2.3% +0.3% −2.8% +2.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Ezcorp Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ezcorp Inc
$1B $1.2B $1.4B $1.6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $1.1B Revenue (TTM), FY24 Q3: $1.1B Revenue (TTM), FY24 Q4: $1.2B Revenue (TTM), FY25 Q1: $1.2B Revenue (TTM), FY25 Q2: $1.2B Revenue (TTM), FY25 Q3: $1.2B Revenue (TTM), FY25 Q4: $1.3B Revenue (TTM), FY26 Q1: $1.3B Revenue (TTM), FY26 Q2: $1.5B Revenue (TTM), FY26 Q3: $1.6B $1.6B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1B
FY24 Q1 $1.1B
FY24 Q2 $1.1B
FY24 Q3 $1.1B
FY24 Q4 $1.2B
FY25 Q1 $1.2B
FY25 Q2 $1.2B
FY25 Q3 $1.2B
FY25 Q4 $1.3B
FY26 Q1 $1.3B
FY26 Q2 $1.5B
FY26 Q3 $1.6B
Revenue growth, TTM YoY Ezcorp Inc
0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 18.4% Revenue growth, TTM YoY, FY24 Q1: 16.7% Revenue growth, TTM YoY, FY24 Q2: 14.4% Revenue growth, TTM YoY, FY24 Q3: 12.4% Revenue growth, TTM YoY, FY24 Q4: 10.7% Revenue growth, TTM YoY, FY25 Q1: 8.9% Revenue growth, TTM YoY, FY25 Q2: 8.1% Revenue growth, TTM YoY, FY25 Q3: 8.3% Revenue growth, TTM YoY, FY25 Q4: 9.7% Revenue growth, TTM YoY, FY26 Q1: 13.1% Revenue growth, TTM YoY, FY26 Q2: 22.8% Revenue growth, TTM YoY, FY26 Q3: 28.6% 28.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 18.4%
FY24 Q1 16.7%
FY24 Q2 14.4%
FY24 Q3 12.4%
FY24 Q4 10.7%
FY25 Q1 8.9%
FY25 Q2 8.1%
FY25 Q3 8.3%
FY25 Q4 9.7%
FY26 Q1 13.1%
FY26 Q2 22.8%
FY26 Q3 28.6%
Operating margin (TTM) Ezcorp Inc
8% 10% 12% 14% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 8.8% Operating margin (TTM), FY24 Q1: 9.3% Operating margin (TTM), FY24 Q2: 9.1% Operating margin (TTM), FY24 Q3: 9.1% Operating margin (TTM), FY24 Q4: 9.7% Operating margin (TTM), FY25 Q1: 9.9% Operating margin (TTM), FY25 Q2: 10.3% Operating margin (TTM), FY25 Q3: 11.2% Operating margin (TTM), FY25 Q4: 11.7% Operating margin (TTM), FY26 Q1: 12.6% Operating margin (TTM), FY26 Q2: 13.6% Operating margin (TTM), FY26 Q3: 13.9% 13.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 8.8%
FY24 Q1 9.3%
FY24 Q2 9.1%
FY24 Q3 9.1%
FY24 Q4 9.7%
FY25 Q1 9.9%
FY25 Q2 10.3%
FY25 Q3 11.2%
FY25 Q4 11.7%
FY26 Q1 12.6%
FY26 Q2 13.6%
FY26 Q3 13.9%
FCF margin (TTM) Ezcorp Inc
4% 6% 8% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 5.9% FCF margin (TTM), FY24 Q1: 6.6% FCF margin (TTM), FY24 Q2: 5.0% FCF margin (TTM), FY24 Q3: 6.0% FCF margin (TTM), FY24 Q4: 6.7% FCF margin (TTM), FY25 Q1: 7.1% FCF margin (TTM), FY25 Q2: 8.6% FCF margin (TTM), FY25 Q3: 8.0% FCF margin (TTM), FY25 Q4: 8.7% FCF margin (TTM), FY26 Q1: 9.1% FCF margin (TTM), FY26 Q2: 8.9% FCF margin (TTM), FY26 Q3: 8.7% 8.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 5.9%
FY24 Q1 6.6%
FY24 Q2 5.0%
FY24 Q3 6.0%
FY24 Q4 6.7%
FY25 Q1 7.1%
FY25 Q2 8.6%
FY25 Q3 8.0%
FY25 Q4 8.7%
FY26 Q1 9.1%
FY26 Q2 8.9%
FY26 Q3 8.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Ezcorp took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.3B
  2. Cost of revenue $528M · 41.5%
  3. Gross profit $746M · 58.5%
  4. Selling, general and admin $83.5M · 6.6%
  5. Other operating costs $513M · 40.3%
  6. Operating income $149M · 11.7%
  7. Income tax $37.2M · 2.9%
  8. Net income $110M · 8.6%

Shares of revenue. Source: Ezcorp's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Sept 2009 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 597 733 853 961 810 746 720 731 748 812 847 823 730 886 1,049 1,162 1,274 1,584
Gross profit 360 447 526 596 480 422 403 428 436 482 494 449 449 528 610 682 746 928
EBITDA 114 156 194 221 114 57 21 58 77 93 76 −18 62 107 124 146 182 256
Operating income 101 142 175 196 79 18 −16 29 53 67 47 −48 31 75 92 113 149 220
Net income 68 97 122 137 22 −68 −89 −81 31 37 3 −68 9 50 38 83 110 158
Diluted EPS $1.42 $1.96 $2.43 $2.67 $0.41 −$1.25 −$1.64 −$1.49 $0.58 $0.64 $0.05 −$1.24 $0.15 $0.70 $0.53 $1.10 $1.42 $1.89
Growth (year on year)
Revenue — +22.7% +16.3% +12.7% −15.7% −7.9% −3.5% +1.5% +2.4% +8.6% +4.3% −2.9% −11.3% +21.5% +18.4% +10.7% +9.7% +28.6%
EBITDA — +37.0% +24.3% +14.0% −48.5% −50.1% −62.2% +169.8% +32.6% +20.7% −18.1% −123.2% — +73.1% +16.1% +17.2% +24.8% +50.2%
Operating income — +39.8% +23.6% +11.5% −59.7% −77.1% −186.2% — +81.8% +26.6% −30.0% −202.9% — +140.4% +23.0% +22.1% +32.6% +59.4%
Net income — +42.1% +25.6% +12.0% −83.7% −403.6% — — — +18.7% −93.2% — — — −23.3% +116.0% +31.9% +61.4%
Diluted EPS — +38.0% +24.0% +9.9% −84.6% −404.9% — — — +10.3% −92.2% — — — −24.3% +107.5% +29.1% +61.4%
Margins
Gross margin 60.2% 61.0% 61.7% 62.0% 59.3% 56.6% 56.0% 58.6% 58.2% 59.3% 58.4% 54.6% 61.6% 59.6% 58.1% 58.7% 58.5% 58.6%
EBITDA margin 19.0% 21.3% 22.7% 23.0% 14.1% 7.6% 3.0% 7.9% 10.3% 11.4% 8.9% −2.1% 8.5% 12.1% 11.8% 12.5% 14.3% 16.2%
Operating margin 17.0% 19.4% 20.6% 20.4% 9.7% 2.4% −2.2% 4.0% 7.1% 8.3% 5.5% −5.9% 4.3% 8.5% 8.8% 9.7% 11.7% 13.9%
Net margin 11.5% 13.3% 14.3% 14.2% 2.8% −9.1% −12.4% −11.1% 4.2% 4.6% 0.3% −8.3% 1.2% 5.7% 3.7% 7.2% 8.6% 10.0%
Free-cash-flow margin 10.3% 13.5% 14.0% 9.7% 9.1% 6.9% 7.7% 7.5% 3.4% 6.0% 7.6% 2.5% 3.1% 3.9% 5.9% 6.7% 8.7% 8.7%
Cash flow
Cash from operations 81 125 153 139 120 75 79 68 51 89 104 49 46 67 102 114 149 182
Capital spending 19 26 34 46 47 23 24 13 25 40 39 29 24 32 40 36 39 43
Free cash flow 61 99 119 93 74 52 56 55 26 49 65 21 23 35 61 78 110 138
Stock-based pay 4 5 13 7 7 7 2 5 6 11 10 −5 4 5 10 10 12 16
Free cash flow after stock pay 58 94 106 87 67 45 53 50 20 38 55 26 19 30 52 67 98 122
Balance sheet
Cash 45 26 24 40 29 55 59 66 164 285 158 305 254 206 221 171 470 311
Total debt 0 25 18 222 247 429 381 318 345 417 318 317 316 316 368 333 530 530
Net debt (negative = net cash) −45 −1 −6 182 218 373 322 252 181 132 160 13 63 110 147 163 60 219
Diluted shares 48m 50m 50m 51m 54m 54m 54m 54m 54m 58m 56m 55m 56m 82m 81m 84m 83m 84m
Returned to shareholders
Buybacks — — — 0 0 12 0 12 0 0 0 5 0 2 17 12 7 9
Total returned — — — 0 0 12 0 12 0 0 0 5 0 2 17 12 7 9

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · June 30, 2026
What it owns · $2.2bn
Short-term assets $1.1bnLonger-term assets $1.0bn
What it owes, and who funded it · $2.2bn
Short-term liabilities $232mLonger-term liabilities $766mShareholders' equity $1.2bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $232m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $766m of longer-dated liabilities.
  • More cash than debt $311m of cash against $519m of debt.
  • Debt below 40% of shareholders' equity Debt is 45% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 48% to 45% over five years.
  • A year's operating cash flow covers at least 20% of debt $182m of operating cash flow against $519m of debt.
  • Operating profit covers interest at least five times over Operating income of $220m against $33m of interest.

From Ezcorp Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$9M
Returned to shareholders
7%
of free cash flow
Buybacks, last 3 fiscal years
$36M
Diluted share count
−0.0%
year over year
Total shareholder yield
0.4%
dividends 0.0% + buybacks 0.4% of market value

Competitors: side by side with peers

Closest by revenue in consumer finance
Last 12 months unless stated EZPW PGY SLM LX PRAA ECPG Median
Revenue, last 12 months $1.6bn $1.4bn $1.8bn $1.8bn $1.3bn $1.9bn $1.6bn
Revenue growth, last 12 months 28.6% 14.8% −6.7% −7.3% 17.6% 29.5% 10.4%
Revenue growth, 3-year average 16.1% 143.5% 1.6% — 16.9% 17.3% 11.3%
Revenue growth, latest quarter 34.7% 11.5% −31.2% — 29.4% 11.3% 10.6%
Gross margin 58.6% 43.9% — 34.0% — — 58.0%
Operating margin 13.9% 26.4% — — 5.0% 37.7% 11.2%
Operating margin, 3-year average 11.4% 16.2% — — 20.1% 19.5% 19.8%
Net margin 10.0% 10.8% 31.7% 12.8% −19.9% 15.9% 10.5%
Cash from operations / revenue 11.5% 17.3% −21.3% 27.5% −2.4% 8.0% 22.7%
Free-cash-flow margin 8.7% 16.3% −22.3% 24.8% −2.8% 6.6% 18.4%
Free-cash-flow margin, 3-year average 7.6% 9.7% −20.1% 25.4% −7.0% 8.2% 23.6%
Stock pay / revenue 1.0% 2.3% 2.6% 0.7% 1.3% 1.1% 1.3%
Change in share count −0.0% 17.0% −9.2% 4.7% −2.4% −3.6% −0.8%

Median of all 39 companies we cover in consumer finance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

39 consumer finance companies
Measure Company Peer median Rank
Revenue growth Growth 28.6% 10.4% 10 of 39
Change in growth rate Growth +5.8pp +0.6pp 8 of 38
Operating margin Profitability 13.9% 13.9% 8 of 16
Net margin Profitability 10.0% 10.5% 21 of 39
Stock pay as % of revenue Cash generation 1.0% 1.3% 14 of 36
Change in share count Balance sheet -0.0% -0.0% 20 of 38

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Products and services
Line of business Revenue Share YoY
Merchandise $701M 55.0% ▲ 5.6%
Pawn Service $474M 37.2% ▲ 8.6%
Jewelry Scrap $98.9M 7.8% ▲ 61.9%
Other $169,000 0.0% ▼ 29.3%
Geography
Region Revenue Share YoY
United States $912M 71.6% ▲ 9.1%
Mexico $267M 21.0% ▲ 8.0%
Latin America $94.5M 7.4% ▲ 21.3%
Other Than United States Mexico Latin America $0 0.0% ▼ 100.0%

From Ezcorp Inc's 10-K filed November 13, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.4B
Institutions reporting
311
Shares held vs prior quarter
▲ 1.8%
Positions opened / closed
55 / 38

Top buyers and sellers, Q2 2026: 136 institutions bought and 153 sold ; the biggest buyer was FMR LLC (+1.5M shares) and the biggest seller Qube Research & Technologies Ltd (−400K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
FMR LLC $286M 8.3M 11.8% ▲ 22.9%
Blackrock, Inc. $236M 6.8M 9.7% ▼ 3.3%
Capital Research Global Investors $122M 3.5M 5.0% ▲ 0.4%
Dimensional Fund Advisors LP $106M 3.1M 4.4% ▼ 10.6%
Vanguard Capital Management LLC $86.6M 2.5M 3.6% ▲ 1.8%
Two Sigma Investments, LP $86.3M 2.5M 3.5% ▼ 1.0%
Renaissance Technologies LLC $69.2M 2.0M 2.8% ▼ 7.2%
UBS Group AG $65.9M 1.9M 2.7% ▼ 0.3%
Morgan Stanley $53.2M 1.5M 2.2% ▲ 21.6%
Ophir Asset Management Pty Ltd $51.5M 1.5M 2.1% ▼ 7.9%
Atlas Frm LLC $50.1M 1.4M 2.1% 0.0%
State Street Corp $46.6M 1.3M 1.9% ▲ 4.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ezcorp Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $5.7M 12 trades by 7 insiders · 30% under pre-set plans
Net ▼ $5.7M net selling
Insider Date Trade Shares Price Value
Bryant Ellen H Chief Legal Officer August 24, 2026 Sell pre-set plan 30,000 $34.77 $1M
Espinosa Pablo Lagos Director July 6, 2026 Sell pre-set plan 10,000 $35.54 $355,400
Espinosa Pablo Lagos Director June 5, 2026 Sell pre-set plan 10,000 $32.00 $320,000
Appel Matthew W Director May 20, 2026 Sell 15,037 $33.25 $499,980
Kulas Jason A. Director May 12, 2026 Sell 20,000 $33.56 $671,200
Sajnani Sunil Chief Audit/LP Executive March 2, 2026 Sell 18,353 $26.76 $491,126
Tillett Gary Director February 23, 2026 Sell 10,000 $25.50 $255,000
Tillett Gary Director February 23, 2026 Sell 10,000 $25.50 $255,000
Espinosa Pablo Lagos Director February 19, 2026 Sell 20,000 $25.00 $500,000
Tillett Gary Director February 18, 2026 Sell 10,000 $25.00 $250,000
Bryant Ellen H Chief Legal Officer February 17, 2026 Sell 20,000 $25.00 $500,000
Swies Nicole Chief Revenue Officer February 17, 2026 Sell 24,138 $24.75 $597,416

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 12, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 4, 2026
  • November 13, 2025
  • July 30, 2025
  • April 28, 2025

Recent SEC filings

Data status

When each part of this page on Ezcorp Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ezcorp Inc in brief

What does Ezcorp Inc do?
Ezcorp Inc is a US-listed company in the consumer finance industry. Its financial year ends in September.
What is Ezcorp Inc's stock ticker?
Ezcorp Inc trades under the ticker EZPW on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ezcorp Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ezcorp Inc reported revenue of $1.6B, 28.6% higher than a year earlier, according to its SEC filings.
What is Ezcorp Inc's free cash flow?
Ezcorp Inc's free-cash-flow margin is 8.7% of revenue over the trailing twelve months.
Who are Ezcorp Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are FMR LLC, Blackrock, Inc. and Capital Research Global Investors. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Ezcorp Inc buying back stock, and does it pay a dividend?
Ezcorp Inc spent $9M on share repurchases over the trailing twelve months, and its diluted share count fell 0.0% over the year.
What is Ezcorp Inc's market cap?
On November 2, 2026, Ezcorp Inc's market capitalisation was about $2.4B, with a price-to-earnings ratio of 15.2 and net debt of $219M. Market figures come from third-party market data and may be delayed.
How much debt does Ezcorp Inc have?
Ezcorp Inc's debt-to-equity ratio is 44.6%, from its latest balance sheet (47.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Ezcorp Inc's competitors?
In our Consumer Finance peer group, the companies closest to Ezcorp Inc are Pagaya Technologies Ltd., SLM Corp, Lexinfintech Holdings Ltd., PRA Group Inc and Encore Capital Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Ezcorp Inc's.
Are insiders buying or selling Ezcorp Inc stock?
Over the last 12 months, Ezcorp Inc's directors and officers reported 0 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
When is Ezcorp Inc's next earnings date?
Around November 18, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ezcorp Inc announces its own schedule.