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FirstCash Holdings FCFS Depreciation of leased merchandise

Depreciation of leased merchandise at other companies

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Segments

By geography

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Latin America$0

Other financials

Income statement

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Revenue$1.1B+25.7%
Gross profit$773.6M+26.3%
Net income$107.7M+28.8%
EPS (diluted)$2.43+29.9%

Balance sheet

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Cash & equivalents$130.7M-10.5%
Total debt$2.0B+0.3%
Total equity$2.3B+11.6%
Total assets$5.4B+21.1%

Cash flow

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Operating cash flow$153.6M+21.3%
CapEx$13.7M-19.5%
Free cash flow$132.8M+12.6%

Valuation

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Market cap$9.95B+53.5%
Enterprise value$11.86B+39.9%
P/E28.1×+5.0×
P/S2.6×+0.7×

Profitability

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Gross margin72.6%-0.5pp
Net margin9.1%+0.9pp
FCF margin14.5%+0.6pp

Returns & leverage

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Return on equity16.3%+2.6pp
Debt / equity0.9×-0.1×
Current ratio4.8×+0.4×

Where this comes from

Reported directly by FirstCash Holdings in its filing.

Tagged under the XBRL concept fcfs:DepreciationOfLeasedMerchandise.

The official record: FirstCash Holdings’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FirstCash Holdings's depreciation of leased merchandise?
FirstCash Holdings (FCFS) reported depreciation of leased merchandise of $81.06M in Q1 2026.
How has FirstCash Holdings's depreciation of leased merchandise changed year-over-year?
FirstCash Holdings's depreciation of leased merchandise decreased by 8.7% year-over-year, from $88.82M to $81.06M.
What is the long-term trend for FirstCash Holdings's depreciation of leased merchandise?
Over 4 years (2021 to 2025), FirstCash Holdings's depreciation of leased merchandise has grown at a 123.3% compound annual growth rate (CAGR), from $12.83M to $319.12M.
What does depreciation of leased merchandise mean?
The expense recognized for the decline in value of leased products.
How do you interpret depreciation of leased merchandise?
High depreciation relative to lease income may indicate inefficient asset utilization or shorter product lifecycles.
How does depreciation of leased merchandise compare across companies?
Common for companies with significant lease-to-own or rental business models.