FirstCash Holdings, Inc. (FCFS) Stock Price & How to Invest

FirstCash Holdings operates more than 3,300 retail pawn stores across roughly 29 US states, four Latin American countries (led by Mexico, where it runs over 1,700 locations), and the United Kingdom. The stores make small, secured non-recourse pawn loans against jewelry, electronics, tools and other pre-owned goods, and resell forfeited and purchased merchandise at retail. A second segment, American First Finance (AFF), provides lease-to-own and retail point-of-sale payment plans through roughly 16,000-plus merchant locations, extending the company beyond the physical pawn footprint into embedded consumer finance.

The investment picture is a growth-plus-income consumer-finance story. FirstCash grows by opening de novo stores, acquiring existing pawn operators (including a recent UK entry) and lifting per-store productivity, while pawn lending tends to hold up or accelerate when household budgets tighten. Q1 2026 pushed quarterly revenue past $1 billion for the first time, and management raised full-year pawn guidance. The offsetting considerations are heavy exposure to the Mexican peso, sensitivity of gold-driven retail and scrap margins to bullion prices, and ongoing regulatory attention on both pawn APRs and the AFF lending model.

FirstCash faces meaningful regulatory exposure. In 2025 it settled a CFPB action over alleged Military Lending Act violations for roughly $9 to $11 million, and both pawn APRs and the AFF lease-to-own model draw ongoing scrutiny from state and federal regulators. A large share of revenue comes from Mexico, so a weaker peso can dent US-dollar results even when local operations grow. The business is also tied to gold prices, which cut both ways, and to the financial health of a lower-income consumer base whose loan performance can deteriorate in a downturn. Rising interest expense on its debt-funded acquisitions is an additional pressure.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see FirstCash Holdings, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$3.9B
• Net income (TTM): ~$350M
• Market cap: ~$9.9B
• Trailing P/E: ~26x
• Forward P/E: ~19x
• Dividend yield: ~0.75%

FirstCash reported record Q1 2026 revenue of about $1.05 billion (up 26% year over year) and diluted EPS of $2.43, with full-year 2025 revenue near $3.66 billion. The stock trades around $220 to $225 for a roughly $9.9 billion market cap, a mid-20s trailing earnings multiple that compresses toward the high teens on forward estimates as management raised 2026 pawn guidance. The dividend is modest at about $0.42 per quarter, so the return case leans on earnings growth rather than yield.

There are three common ways to get FCFS exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so FCFS sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where FCFS fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

FCFS is a scaled, counter-cyclical pawn and consumer-finance operator whose story rests on store growth and pawn demand, balanced against regulatory scrutiny of its lending practices.

Whether FCFS is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is FCFS a buy?, and where the stock could go from here in the FCFS stock forecast.

For income investors, whether FCFS pays a dividend and how the payout looks is covered in does FCFS pay a dividend?