vs
Side-by-side financial comparison of FirstCash Holdings, Inc. (FCFS) and FIRST HORIZON CORP (FHN). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $501.3M, roughly 1.8× FirstCash Holdings, Inc.). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 20.8%, a 8.6% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 21.2%). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 16.9%).
FirstCash Holdings, Inc. is an American pawnshop company headquartered in Fort Worth, Texas which operates retail pawn stores in the U.S. and Latin America. It is a publicly traded company listed on the Nasdaq stock exchange.
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
FCFS vs FHN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $501.3M | $888.0M |
| Net Profit | $104.2M | $261.0M |
| Gross Margin | — | — |
| Operating Margin | 28.5% | 38.5% |
| Net Margin | 20.8% | 29.4% |
| Revenue YoY | 21.2% | 21.8% |
| Net Profit YoY | 24.7% | 57.2% |
| EPS (diluted) | $2.35 | $0.51 |
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 | $501.3M | $888.0M | ||
| Q3 25 | $411.0M | $889.0M | ||
| Q2 25 | $385.1M | $830.0M | ||
| Q1 25 | $371.1M | $812.0M | ||
| Q4 24 | $413.7M | $729.0M | ||
| Q3 24 | $363.1M | $827.0M | ||
| Q2 24 | $363.5M | — | ||
| Q1 24 | $366.8M | $819.0M |
| Q4 25 | $104.2M | $261.0M | ||
| Q3 25 | $82.8M | $262.0M | ||
| Q2 25 | $59.8M | $241.0M | ||
| Q1 25 | $83.6M | $218.0M | ||
| Q4 24 | $83.5M | $166.0M | ||
| Q3 24 | $64.8M | $218.0M | ||
| Q2 24 | $49.1M | — | ||
| Q1 24 | $61.4M | $192.0M |
| Q4 25 | 28.5% | 38.5% | ||
| Q3 25 | 27.4% | 38.7% | ||
| Q2 25 | 21.1% | 37.2% | ||
| Q1 25 | 30.0% | 35.1% | ||
| Q4 24 | 26.5% | 28.8% | ||
| Q3 24 | 23.5% | 34.0% | ||
| Q2 24 | 18.2% | — | ||
| Q1 24 | 22.3% | 31.0% |
| Q4 25 | 20.8% | 29.4% | ||
| Q3 25 | 20.1% | 29.5% | ||
| Q2 25 | 15.5% | 29.0% | ||
| Q1 25 | 22.5% | 26.8% | ||
| Q4 24 | 20.2% | 22.8% | ||
| Q3 24 | 17.9% | 26.4% | ||
| Q2 24 | 13.5% | — | ||
| Q1 24 | 16.7% | 23.4% |
| Q4 25 | $2.35 | $0.51 | ||
| Q3 25 | $1.86 | $0.50 | ||
| Q2 25 | $1.34 | $0.45 | ||
| Q1 25 | $1.87 | $0.41 | ||
| Q4 24 | $1.86 | $0.29 | ||
| Q3 24 | $1.44 | $0.40 | ||
| Q2 24 | $1.08 | — | ||
| Q1 24 | $1.35 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $125.2M | — |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $2.3B | $8.8B |
| Total Assets | $5.3B | $83.9B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | — | ||
| Q3 25 | $130.2M | — | ||
| Q2 25 | $101.5M | — | ||
| Q1 25 | $146.0M | — | ||
| Q4 24 | $175.1M | — | ||
| Q3 24 | $106.3M | — | ||
| Q2 24 | $113.7M | — | ||
| Q1 24 | $135.1M | — |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $2.3B | $8.8B | ||
| Q3 25 | $2.2B | $8.9B | ||
| Q2 25 | $2.1B | $9.0B | ||
| Q1 25 | $2.1B | $8.7B | ||
| Q4 24 | $2.1B | $8.8B | ||
| Q3 24 | $2.0B | $9.0B | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | $8.9B |
| Q4 25 | $5.3B | $83.9B | ||
| Q3 25 | $5.2B | $83.2B | ||
| Q2 25 | $4.5B | $82.1B | ||
| Q1 25 | $4.4B | $81.5B | ||
| Q4 24 | $4.5B | $82.2B | ||
| Q3 24 | $4.4B | $82.6B | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.2B | $81.8B |
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — | ||
| Q1 24 | 0.75× | — |
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 | $206.6M | $396.0M |
| Free Cash FlowOCF − Capex | — | $389.0M |
| FCF MarginFCF / Revenue | — | 43.8% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | 1.98× | 1.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $595.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.6M | $396.0M | ||
| Q3 25 | $135.8M | $-200.0M | ||
| Q2 25 | $116.9M | $83.0M | ||
| Q1 25 | $126.6M | $349.0M | ||
| Q4 24 | $198.1M | $191.0M | ||
| Q3 24 | $113.1M | $389.0M | ||
| Q2 24 | $106.2M | — | ||
| Q1 24 | $122.5M | $838.0M |
| Q4 25 | — | $389.0M | ||
| Q3 25 | — | $-208.0M | ||
| Q2 25 | — | $74.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $174.0M | ||
| Q3 24 | — | $383.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $828.0M |
| Q4 25 | — | 43.8% | ||
| Q3 25 | — | -23.4% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | — | 41.9% | ||
| Q4 24 | — | 23.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 101.1% |
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.2% |
| Q4 25 | 1.98× | 1.52× | ||
| Q3 25 | 1.64× | -0.76× | ||
| Q2 25 | 1.95× | 0.34× | ||
| Q1 25 | 1.51× | 1.60× | ||
| Q4 24 | 2.37× | 1.15× | ||
| Q3 24 | 1.74× | 1.78× | ||
| Q2 24 | 2.16× | — | ||
| Q1 24 | 2.00× | 4.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
