FirstCash Holdings (FCFS) Return on Invested Capital [ROIC] (2011 - 2026)
FirstCash Holdings' Return on Invested Capital [ROIC] was 8.66% in Q3 2026, up 1.14 percentage points from 7.52% a year earlier and up 0.24 percentage points from the prior quarter.
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Analysis
FirstCash Holdings (FCFS) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at FirstCash Holdings came in at 7.99%, up 0.98 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +2.50 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 7.01% in FY2024 (+0.61 pp), 6.40% in FY2023 (-1.58 pp), 7.98% in FY2022 (+2.98 pp) and 5.00% in FY2021 (-0.50 pp).
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2019.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for eight straight quarters, with an average year-over-year change of +0.82 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2023 (a gain of 4.54 percentage points); the worst was Q1 2024 (a drop of 1.95 percentage points).
- Per Business Quant data, FCFS's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 8.42% (Q2 2026), 7.84% (Q1 2026) and 7.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 42.82 Bn | 31.64 Bn | - | 4.45% |
| 2 | Orix | 38.85 Bn | 7.58 Bn | 12.74 Bn | 2.96% |
| 3 | Royalty Pharma | 30.02 Bn | 27.40 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.05 Bn | 26.05 Bn | - | 2.85% |
| 5 | Synchrony Financial | 23.55 Bn | -44.08 Bn | - | 25.70% |
| 6 | Affirm Holdings | 23.27 Bn | 16.32 Bn | - | 6.19% |
| 7 | Royal Gold | 22.53 Bn | 21.71 Bn | 390.45 Mn | 9.67% |
| 8 | Annaly Capital Management | 14.32 Bn | 5.27 Bn | - | 12.15% |
| 9 | Ares Capital | 13.77 Bn | 11.52 Bn | - | - |
| 10 | FirstCash Holdings | 7.99 Bn | 7.36 Bn | 545.54 Mn | 8.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.66% |
| Jun 30, 2026 | 8.42% |
| Mar 31, 2026 | 7.84% |
| Dec 31, 2025 | 7.43% |
| Sep 30, 2025 | 7.52% |
| Jun 30, 2025 | 7.69% |
| Mar 31, 2025 | 7.45% |
| Dec 31, 2024 | 6.89% |
| Sep 30, 2024 | 6.63% |
| Jun 30, 2024 | 6.54% |
| Mar 31, 2024 | 6.49% |
| Dec 31, 2023 | 6.16% |
| Sep 30, 2023 | 6.73% |
| Jun 30, 2023 | 7.11% |
| Mar 31, 2023 | 8.44% |
| Dec 31, 2022 | 7.88% |
| Sep 30, 2022 | 6.43% |
| Jun 30, 2022 | 5.76% |
| Mar 31, 2022 | 3.90% |
| Dec 31, 2021 | 4.87% |
API Access
FirstCash Holdings Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FCFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FCFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FCFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();