vs
Side-by-side financial comparison of EZCORP INC (EZPW) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
EZCORP INC is the larger business by last-quarter revenue ($382.0M vs $273.0M, roughly 1.4× Forestar Group Inc.). EZCORP INC runs the higher net margin — 11.6% vs 5.6%, a 6.0% gap on every dollar of revenue. On growth, EZCORP INC posted the faster year-over-year revenue change (19.3% vs 9.0%). EZCORP INC produced more free cash flow last quarter ($31.7M vs $-157.1M). Over the past eight quarters, EZCORP INC's revenue compounded faster (15.6% CAGR vs -9.6%).
EZCORP, Inc. is an American pawn shop operator based in Austin, Texas which provides services across the United States and Latin America. It is a publicly traded company listed on the NASDAQ stock exchange and is the second largest pawn shop operator in the U.S. after Cash America International.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
EZPW vs FOR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $382.0M | $273.0M |
| Net Profit | $44.3M | $15.4M |
| Gross Margin | 58.4% | 20.1% |
| Operating Margin | 15.9% | 7.6% |
| Net Margin | 11.6% | 5.6% |
| Revenue YoY | 19.3% | 9.0% |
| Net Profit YoY | 42.8% | -6.7% |
| EPS (diluted) | $0.55 | $0.30 |
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 | $382.0M | $273.0M | ||
| Q3 25 | $336.8M | $670.5M | ||
| Q2 25 | $311.0M | $390.5M | ||
| Q1 25 | $306.3M | $351.0M | ||
| Q4 24 | $320.2M | $250.4M | ||
| Q3 24 | $294.6M | $551.3M | ||
| Q2 24 | $281.4M | $318.4M | ||
| Q1 24 | $285.6M | $333.8M |
| Q4 25 | $44.3M | $15.4M | ||
| Q3 25 | $26.7M | $86.9M | ||
| Q2 25 | $26.5M | $32.9M | ||
| Q1 25 | $25.4M | $31.6M | ||
| Q4 24 | $31.0M | $16.5M | ||
| Q3 24 | $15.2M | $81.5M | ||
| Q2 24 | $17.9M | $38.7M | ||
| Q1 24 | $21.5M | $45.0M |
| Q4 25 | 58.4% | 20.1% | ||
| Q3 25 | 59.0% | 22.3% | ||
| Q2 25 | 59.1% | 20.4% | ||
| Q1 25 | 58.3% | 22.6% | ||
| Q4 24 | 57.9% | 22.0% | ||
| Q3 24 | 59.5% | 23.9% | ||
| Q2 24 | 59.2% | 22.5% | ||
| Q1 24 | 58.7% | 24.9% |
| Q4 25 | 15.9% | 7.6% | ||
| Q3 25 | 11.0% | 16.9% | ||
| Q2 25 | 11.6% | 11.2% | ||
| Q1 25 | 11.2% | 11.6% | ||
| Q4 24 | 13.1% | 8.7% | ||
| Q3 24 | 8.8% | 19.7% | ||
| Q2 24 | 7.9% | 16.2% | ||
| Q1 24 | 9.6% | 17.6% |
| Q4 25 | 11.6% | 5.6% | ||
| Q3 25 | 7.9% | 13.0% | ||
| Q2 25 | 8.5% | 8.4% | ||
| Q1 25 | 8.3% | 9.0% | ||
| Q4 24 | 9.7% | 6.6% | ||
| Q3 24 | 5.2% | 14.8% | ||
| Q2 24 | 6.4% | 12.2% | ||
| Q1 24 | 7.5% | 13.5% |
| Q4 25 | $0.55 | $0.30 | ||
| Q3 25 | $0.35 | $1.70 | ||
| Q2 25 | $0.34 | $0.65 | ||
| Q1 25 | $0.33 | $0.62 | ||
| Q4 24 | $0.40 | $0.32 | ||
| Q3 24 | $0.20 | $1.59 | ||
| Q2 24 | $0.25 | $0.76 | ||
| Q1 24 | $0.29 | $0.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $465.9M | $211.7M |
| Total DebtLower is stronger | $518.6M | $793.2M |
| Stockholders' EquityBook value | $1.1B | $1.8B |
| Total Assets | $2.0B | $3.2B |
| Debt / EquityLower = less leverage | 0.48× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $465.9M | $211.7M | ||
| Q3 25 | $469.5M | $379.2M | ||
| Q2 25 | $472.1M | $189.2M | ||
| Q1 25 | $505.2M | $174.3M | ||
| Q4 24 | $174.5M | $132.0M | ||
| Q3 24 | $170.5M | $481.2M | ||
| Q2 24 | $218.0M | $359.2M | ||
| Q1 24 | $229.1M | $416.2M |
| Q4 25 | $518.6M | $793.2M | ||
| Q3 25 | $518.1M | $802.7M | ||
| Q2 25 | $517.6M | $872.8M | ||
| Q1 25 | $620.5M | $872.5M | ||
| Q4 24 | $327.7M | $806.8M | ||
| Q3 24 | $327.3M | $706.4M | ||
| Q2 24 | $361.3M | $706.1M | ||
| Q1 24 | $360.9M | $705.7M |
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $990.1M | $1.7B | ||
| Q1 25 | $851.6M | $1.6B | ||
| Q4 24 | $823.9M | $1.6B | ||
| Q3 24 | $804.6M | $1.6B | ||
| Q2 24 | $801.5M | $1.5B | ||
| Q1 24 | $800.4M | $1.5B |
| Q4 25 | $2.0B | $3.2B | ||
| Q3 25 | $2.0B | $3.1B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $1.5B | $3.0B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.7B | ||
| Q1 24 | $1.5B | $2.6B |
| Q4 25 | 0.48× | 0.44× | ||
| Q3 25 | 0.51× | 0.45× | ||
| Q2 25 | 0.52× | 0.52× | ||
| Q1 25 | 0.73× | 0.53× | ||
| Q4 24 | 0.40× | 0.50× | ||
| Q3 24 | 0.41× | 0.44× | ||
| Q2 24 | 0.45× | 0.47× | ||
| Q1 24 | 0.45× | 0.48× |
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 | $39.1M | $-157.0M |
| Free Cash FlowOCF − Capex | $31.7M | $-157.1M |
| FCF MarginFCF / Revenue | 8.3% | -57.5% |
| Capex IntensityCapex / Revenue | 2.0% | 0.0% |
| Cash ConversionOCF / Net Profit | 0.88× | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | $121.7M | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.1M | $-157.0M | ||
| Q3 25 | $51.3M | $256.3M | ||
| Q2 25 | $34.8M | $15.8M | ||
| Q1 25 | $36.9M | $-19.8M | ||
| Q4 24 | $26.0M | $-450.0M | ||
| Q3 24 | $43.3M | $119.2M | ||
| Q2 24 | $33.7M | $-61.7M | ||
| Q1 24 | $15.1M | $-59.2M |
| Q4 25 | $31.7M | $-157.1M | ||
| Q3 25 | $35.7M | $255.6M | ||
| Q2 25 | $25.7M | $15.0M | ||
| Q1 25 | $28.6M | $-20.5M | ||
| Q4 24 | $20.4M | — | ||
| Q3 24 | $24.4M | $118.4M | ||
| Q2 24 | $30.5M | $-62.3M | ||
| Q1 24 | $8.6M | $-59.8M |
| Q4 25 | 8.3% | -57.5% | ||
| Q3 25 | 10.6% | 38.1% | ||
| Q2 25 | 8.3% | 3.8% | ||
| Q1 25 | 9.3% | -5.8% | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 8.3% | 21.5% | ||
| Q2 24 | 10.8% | -19.6% | ||
| Q1 24 | 3.0% | -17.9% |
| Q4 25 | 2.0% | 0.0% | ||
| Q3 25 | 4.6% | 0.1% | ||
| Q2 25 | 2.9% | 0.2% | ||
| Q1 25 | 2.7% | 0.2% | ||
| Q4 24 | 1.8% | 0.0% | ||
| Q3 24 | 6.4% | 0.1% | ||
| Q2 24 | 1.1% | 0.2% | ||
| Q1 24 | 2.3% | 0.2% |
| Q4 25 | 0.88× | -10.19× | ||
| Q3 25 | 1.92× | 2.95× | ||
| Q2 25 | 1.31× | 0.48× | ||
| Q1 25 | 1.45× | -0.63× | ||
| Q4 24 | 0.84× | -27.27× | ||
| Q3 24 | 2.85× | 1.46× | ||
| Q2 24 | 1.88× | -1.59× | ||
| Q1 24 | 0.70× | -1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EZPW
| Merchandise | $210.1M | 55% |
| Pawn Service | $131.9M | 35% |
| Jewelry Scrap | $39.9M | 10% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
