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Side-by-side financial comparison of ENCORE CAPITAL GROUP INC (ECPG) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $473.6M, roughly 1.5× ENCORE CAPITAL GROUP INC). ENCORE CAPITAL GROUP INC runs the higher net margin — 16.2% vs -2.8%, a 19.0% gap on every dollar of revenue.
Encore Capital Group, Inc. is a publicly traded debt buyer based in the United States. The company is headquartered in San Diego, and operates throughout the United States. The firm is a publicly traded NASDAQ Global Select company (ECPG), a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
ECPG vs VFS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $473.6M | $718.6M |
| Net Profit | $76.7M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | 36.6% | -96.1% |
| Net Margin | 16.2% | -2.8% |
| Revenue YoY | 78.3% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $3.32 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $473.6M | — | ||
| Q3 25 | $460.4M | $718.6M | ||
| Q2 25 | $442.1M | $663.0M | ||
| Q1 25 | $392.8M | $656.5M | ||
| Q4 24 | $265.6M | — | ||
| Q3 24 | $367.1M | $511.6M | ||
| Q2 24 | $355.3M | — | ||
| Q1 24 | $328.4M | $302.6M |
| Q4 25 | $76.7M | — | ||
| Q3 25 | $74.7M | $-20.0M | ||
| Q2 25 | $58.7M | $-51.8M | ||
| Q1 25 | $46.8M | $-26.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $30.6M | $-10.4M | ||
| Q2 24 | $32.2M | — | ||
| Q1 24 | $23.2M | $-618.3M |
| Q4 25 | 36.6% | — | ||
| Q3 25 | 37.6% | -96.1% | ||
| Q2 25 | 34.1% | -79.0% | ||
| Q1 25 | 32.9% | -74.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | 28.9% | -65.9% | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 25.5% | -139.4% |
| Q4 25 | 16.2% | — | ||
| Q3 25 | 16.2% | -2.8% | ||
| Q2 25 | 13.3% | -7.8% | ||
| Q1 25 | 11.9% | -4.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.3% | -2.0% | ||
| Q2 24 | 9.1% | — | ||
| Q1 24 | 7.1% | -204.3% |
| Q4 25 | $3.32 | — | ||
| Q3 25 | $3.17 | — | ||
| Q2 25 | $2.49 | — | ||
| Q1 25 | $1.93 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.26 | — | ||
| Q2 24 | $1.34 | — | ||
| Q1 24 | $0.95 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $156.8M | $8.8M |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $976.8M | — |
| Total Assets | $5.3B | $183.2M |
| Debt / EquityLower = less leverage | 4.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.8M | — | ||
| Q3 25 | $172.5M | $8.8M | ||
| Q2 25 | $172.9M | $650.0M | ||
| Q1 25 | $187.1M | $2.4M | ||
| Q4 24 | $199.9M | — | ||
| Q3 24 | $247.4M | $1.9M | ||
| Q2 24 | $250.6M | — | ||
| Q1 24 | $173.0M | $3.0M |
| Q4 25 | $4.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $976.8M | — | ||
| Q3 25 | $952.9M | — | ||
| Q2 25 | $896.0M | $-7.2B | ||
| Q1 25 | $819.1M | — | ||
| Q4 24 | $767.3M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $988.1M | — | ||
| Q1 24 | $953.9M | — |
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.3B | $183.2M | ||
| Q2 25 | $5.2B | $7.2B | ||
| Q1 25 | $5.0B | $158.2M | ||
| Q4 24 | $4.8B | — | ||
| Q3 24 | $5.0B | $151.8M | ||
| Q2 24 | $4.8B | — | ||
| Q1 24 | $4.7B | $145.6M |
| Q4 25 | 4.13× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.83× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $153.2M | — |
| Free Cash FlowOCF − Capex | $126.9M | — |
| FCF MarginFCF / Revenue | 26.8% | — |
| Capex IntensityCapex / Revenue | 5.5% | — |
| Cash ConversionOCF / Net Profit | 2.00× | — |
| TTM Free Cash FlowTrailing 4 quarters | $244.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $153.2M | — | ||
| Q3 25 | $81.6M | — | ||
| Q2 25 | $9.5M | — | ||
| Q1 25 | $45.3M | — | ||
| Q4 24 | $156.2M | — | ||
| Q3 24 | $45.9M | — | ||
| Q2 24 | $35.7M | — | ||
| Q1 24 | $51.0M | — |
| Q4 25 | $126.9M | — | ||
| Q3 25 | $75.6M | — | ||
| Q2 25 | $3.2M | — | ||
| Q1 25 | $38.3M | — | ||
| Q4 24 | $127.2M | — | ||
| Q3 24 | $39.7M | — | ||
| Q2 24 | $28.3M | — | ||
| Q1 24 | $44.1M | — |
| Q4 25 | 26.8% | — | ||
| Q3 25 | 16.4% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 47.9% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 13.4% | — |
| Q4 25 | 5.5% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 2.1% | — |
| Q4 25 | 2.00× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | 0.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 2.19× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECPG
Segment breakdown not available.
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
