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Side-by-side financial comparison of EZCORP INC (EZPW) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
EZCORP INC is the larger business by last-quarter revenue ($382.0M vs $246.2M, roughly 1.6× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 11.6%, a 28.1% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 19.3%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $31.7M). Over the past eight quarters, EZCORP INC's revenue compounded faster (15.6% CAGR vs 9.2%).
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.
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
EZPW vs HCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $382.0M | $246.2M |
| Net Profit | $44.3M | $97.7M |
| Gross Margin | 58.4% | — |
| Operating Margin | 15.9% | 58.5% |
| Net Margin | 11.6% | 39.7% |
| Revenue YoY | 19.3% | 52.1% |
| Net Profit YoY | 42.8% | 3679.2% |
| EPS (diluted) | $0.55 | $7.29 |
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 | $246.2M | ||
| Q3 25 | $336.8M | $216.3M | ||
| Q2 25 | $311.0M | $221.9M | ||
| Q1 25 | $306.3M | $216.4M | ||
| Q4 24 | $320.2M | $161.9M | ||
| Q3 24 | $294.6M | $175.3M | ||
| Q2 24 | $281.4M | $206.2M | ||
| Q1 24 | $285.6M | $206.6M |
| Q4 25 | $44.3M | $97.7M | ||
| Q3 25 | $26.7M | $65.5M | ||
| Q2 25 | $26.5M | $66.2M | ||
| Q1 25 | $25.4M | $69.7M | ||
| Q4 24 | $31.0M | $2.6M | ||
| Q3 24 | $15.2M | $5.7M | ||
| Q2 24 | $17.9M | $54.1M | ||
| Q1 24 | $21.5M | $47.6M |
| Q4 25 | 58.4% | — | ||
| Q3 25 | 59.0% | — | ||
| Q2 25 | 59.1% | — | ||
| Q1 25 | 58.3% | — | ||
| Q4 24 | 57.9% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.2% | — | ||
| Q1 24 | 58.7% | — |
| Q4 25 | 15.9% | 58.5% | ||
| Q3 25 | 11.0% | 41.9% | ||
| Q2 25 | 11.6% | 42.5% | ||
| Q1 25 | 11.2% | 46.4% | ||
| Q4 24 | 13.1% | 3.6% | ||
| Q3 24 | 8.8% | 8.0% | ||
| Q2 24 | 7.9% | 36.9% | ||
| Q1 24 | 9.6% | 37.5% |
| Q4 25 | 11.6% | 39.7% | ||
| Q3 25 | 7.9% | 30.3% | ||
| Q2 25 | 8.5% | 29.8% | ||
| Q1 25 | 8.3% | 32.2% | ||
| Q4 24 | 9.7% | 1.6% | ||
| Q3 24 | 5.2% | 3.2% | ||
| Q2 24 | 6.4% | 26.2% | ||
| Q1 24 | 7.5% | 23.0% |
| Q4 25 | $0.55 | $7.29 | ||
| Q3 25 | $0.35 | $4.90 | ||
| Q2 25 | $0.34 | $5.18 | ||
| Q1 25 | $0.33 | $5.35 | ||
| Q4 24 | $0.40 | $0.32 | ||
| Q3 24 | $0.20 | $0.52 | ||
| Q2 24 | $0.25 | $4.24 | ||
| Q1 24 | $0.29 | $3.81 |
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 | $1.2B |
| Total DebtLower is stronger | $518.6M | — |
| Stockholders' EquityBook value | $1.1B | $1.0B |
| Total Assets | $2.0B | $2.5B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $465.9M | $1.2B | ||
| Q3 25 | $469.5M | $987.9M | ||
| Q2 25 | $472.1M | $947.2M | ||
| Q1 25 | $505.2M | $754.5M | ||
| Q4 24 | $174.5M | $532.5M | ||
| Q3 24 | $170.5M | $518.8M | ||
| Q2 24 | $218.0M | $445.8M | ||
| Q1 24 | $229.1M | $655.4M |
| Q4 25 | $518.6M | — | ||
| Q3 25 | $518.1M | — | ||
| Q2 25 | $517.6M | — | ||
| Q1 25 | $620.5M | — | ||
| Q4 24 | $327.7M | — | ||
| Q3 24 | $327.3M | — | ||
| Q2 24 | $361.3M | — | ||
| Q1 24 | $360.9M | — |
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.0B | $821.8M | ||
| Q2 25 | $990.1M | $758.6M | ||
| Q1 25 | $851.6M | $522.7M | ||
| Q4 24 | $823.9M | $453.3M | ||
| Q3 24 | $804.6M | $455.3M | ||
| Q2 24 | $801.5M | $447.3M | ||
| Q1 24 | $800.4M | $395.7M |
| Q4 25 | $2.0B | $2.5B | ||
| Q3 25 | $2.0B | $2.3B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.5B | $2.2B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.5B | $1.9B | ||
| Q1 24 | $1.5B | $1.8B |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 0.45× | — |
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 | $444.4M |
| Free Cash FlowOCF − Capex | $31.7M | $440.8M |
| FCF MarginFCF / Revenue | 8.3% | 179.0% |
| Capex IntensityCapex / Revenue | 2.0% | 1.5% |
| Cash ConversionOCF / Net Profit | 0.88× | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $121.7M | $771.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.1M | $444.4M | ||
| Q3 25 | $51.3M | $26.7M | ||
| Q2 25 | $34.8M | $145.0M | ||
| Q1 25 | $36.9M | $162.0M | ||
| Q4 24 | $26.0M | $331.8M | ||
| Q3 24 | $43.3M | $104.1M | ||
| Q2 24 | $33.7M | $-29.0M | ||
| Q1 24 | $15.1M | $182.0M |
| Q4 25 | $31.7M | $440.8M | ||
| Q3 25 | $35.7M | $25.9M | ||
| Q2 25 | $25.7M | $144.5M | ||
| Q1 25 | $28.6M | $160.3M | ||
| Q4 24 | $20.4M | $327.8M | ||
| Q3 24 | $24.4M | $103.2M | ||
| Q2 24 | $30.5M | $-30.1M | ||
| Q1 24 | $8.6M | $181.0M |
| Q4 25 | 8.3% | 179.0% | ||
| Q3 25 | 10.6% | 12.0% | ||
| Q2 25 | 8.3% | 65.1% | ||
| Q1 25 | 9.3% | 74.1% | ||
| Q4 24 | 6.4% | 202.5% | ||
| Q3 24 | 8.3% | 58.9% | ||
| Q2 24 | 10.8% | -14.6% | ||
| Q1 24 | 3.0% | 87.6% |
| Q4 25 | 2.0% | 1.5% | ||
| Q3 25 | 4.6% | 0.4% | ||
| Q2 25 | 2.9% | 0.2% | ||
| Q1 25 | 2.7% | 0.8% | ||
| Q4 24 | 1.8% | 2.5% | ||
| Q3 24 | 6.4% | 0.5% | ||
| Q2 24 | 1.1% | 0.5% | ||
| Q1 24 | 2.3% | 0.5% |
| Q4 25 | 0.88× | 4.55× | ||
| Q3 25 | 1.92× | 0.41× | ||
| Q2 25 | 1.31× | 2.19× | ||
| Q1 25 | 1.45× | 2.32× | ||
| Q4 24 | 0.84× | 128.41× | ||
| Q3 24 | 2.85× | 18.33× | ||
| Q2 24 | 1.88× | -0.54× | ||
| Q1 24 | 0.70× | 3.82× |
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% |
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
