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Side-by-side financial comparison of FirstCash Holdings, Inc. (FCFS) and VALHI INC (VHI). Click either name above to swap in a different company.
FirstCash Holdings, Inc. is the larger business by last-quarter revenue ($501.3M vs $494.5M, roughly 1.0× VALHI INC). FirstCash Holdings, Inc. runs the higher net margin — 20.8% vs -10.8%, a 31.5% gap on every dollar of revenue. On growth, FirstCash Holdings, Inc. posted the faster year-over-year revenue change (21.2% vs 2.8%). Over the past eight quarters, FirstCash Holdings, Inc.'s revenue compounded faster (16.9% CAGR vs -3.5%).
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.
Valhi, Inc. is an American holding company operating through wholly and majority-owned subsidiaries in a number of different industries. It was founded in 1987 as a result of the merger of the LLC Corporation and Amalgamated Sugar Company. The Contran Corporation owned 93% of Valhi's common stock as of December 2014. The chairman of the company was Harold Simmons until his death in 2013. As of 2014 it was a Fortune 1000 company.
FCFS vs VHI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $501.3M | $494.5M |
| Net Profit | $104.2M | $-53.2M |
| Gross Margin | — | 6.9% |
| Operating Margin | 28.5% | -6.2% |
| Net Margin | 20.8% | -10.8% |
| Revenue YoY | 21.2% | 2.8% |
| Net Profit YoY | 24.7% | -333.3% |
| EPS (diluted) | $2.35 | $-1.86 |
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 | $494.5M | ||
| Q3 25 | $411.0M | $503.5M | ||
| Q2 25 | $385.1M | $540.4M | ||
| Q1 25 | $371.1M | $538.6M | ||
| Q4 24 | $413.7M | $480.9M | ||
| Q3 24 | $363.1M | $533.6M | ||
| Q2 24 | $363.5M | $559.7M | ||
| Q1 24 | $366.8M | $530.6M |
| Q4 25 | $104.2M | $-53.2M | ||
| Q3 25 | $82.8M | $-22.2M | ||
| Q2 25 | $59.8M | $900.0K | ||
| Q1 25 | $83.6M | $16.9M | ||
| Q4 24 | $83.5M | $22.8M | ||
| Q3 24 | $64.8M | $57.5M | ||
| Q2 24 | $49.1M | $19.9M | ||
| Q1 24 | $61.4M | $7.8M |
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | 14.5% | ||
| Q1 25 | — | 22.7% | ||
| Q4 24 | — | 20.9% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 16.3% |
| Q4 25 | 28.5% | -6.2% | ||
| Q3 25 | 27.4% | 1.7% | ||
| Q2 25 | 21.1% | 6.6% | ||
| Q1 25 | 30.0% | 9.3% | ||
| Q4 24 | 26.5% | 11.8% | ||
| Q3 24 | 23.5% | 12.7% | ||
| Q2 24 | 18.2% | 9.8% | ||
| Q1 24 | 22.3% | 5.9% |
| Q4 25 | 20.8% | -10.8% | ||
| Q3 25 | 20.1% | -4.4% | ||
| Q2 25 | 15.5% | 0.2% | ||
| Q1 25 | 22.5% | 3.1% | ||
| Q4 24 | 20.2% | 4.7% | ||
| Q3 24 | 17.9% | 10.8% | ||
| Q2 24 | 13.5% | 3.6% | ||
| Q1 24 | 16.7% | 1.5% |
| Q4 25 | $2.35 | $-1.86 | ||
| Q3 25 | $1.86 | $-0.78 | ||
| Q2 25 | $1.34 | $0.03 | ||
| Q1 25 | $1.87 | $0.59 | ||
| Q4 24 | $1.86 | $0.81 | ||
| Q3 24 | $1.44 | $2.01 | ||
| Q2 24 | $1.08 | $0.70 | ||
| Q1 24 | $1.35 | $0.27 |
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 | $216.9M |
| Total DebtLower is stronger | $2.2B | $590.9M |
| Stockholders' EquityBook value | $2.3B | $1.0B |
| Total Assets | $5.3B | $2.6B |
| Debt / EquityLower = less leverage | 0.98× | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $216.9M | ||
| Q3 25 | $130.2M | $186.6M | ||
| Q2 25 | $101.5M | $190.9M | ||
| Q1 25 | $146.0M | $196.4M | ||
| Q4 24 | $175.1M | $350.2M | ||
| Q3 24 | $106.3M | $316.7M | ||
| Q2 24 | $113.7M | $386.9M | ||
| Q1 24 | $135.1M | $372.7M |
| Q4 25 | $2.2B | $590.9M | ||
| Q3 25 | $2.2B | $661.5M | ||
| Q2 25 | $1.7B | $544.8M | ||
| Q1 25 | $1.7B | $525.9M | ||
| Q4 24 | $1.7B | $484.4M | ||
| Q3 24 | $1.7B | $526.6M | ||
| Q2 24 | $1.7B | $497.4M | ||
| Q1 24 | $1.5B | $511.2M |
| Q4 25 | $2.3B | $1.0B | ||
| Q3 25 | $2.2B | $1.0B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.1B | $1.0B | ||
| Q3 24 | $2.0B | $1.0B | ||
| Q2 24 | $2.0B | $962.6M | ||
| Q1 24 | $2.0B | $928.2M |
| Q4 25 | $5.3B | $2.6B | ||
| Q3 25 | $5.2B | $2.7B | ||
| Q2 25 | $4.5B | $2.8B | ||
| Q1 25 | $4.4B | $2.8B | ||
| Q4 24 | $4.5B | $2.8B | ||
| Q3 24 | $4.4B | $2.8B | ||
| Q2 24 | $4.3B | $2.5B | ||
| Q1 24 | $4.2B | $2.6B |
| Q4 25 | 0.98× | 0.58× | ||
| Q3 25 | 1.01× | 0.63× | ||
| Q2 25 | 0.79× | 0.51× | ||
| Q1 25 | 0.83× | 0.49× | ||
| Q4 24 | 0.85× | 0.47× | ||
| Q3 24 | 0.87× | 0.52× | ||
| Q2 24 | 0.85× | 0.52× | ||
| Q1 24 | 0.75× | 0.55× |
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 | $100.6M |
| Free Cash FlowOCF − Capex | — | $89.8M |
| FCF MarginFCF / Revenue | — | 18.2% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | 1.98× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-82.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.6M | $100.6M | ||
| Q3 25 | $135.8M | $-1.9M | ||
| Q2 25 | $116.9M | $21.7M | ||
| Q1 25 | $126.6M | $-155.9M | ||
| Q4 24 | $198.1M | $45.8M | ||
| Q3 24 | $113.1M | $13.5M | ||
| Q2 24 | $106.2M | $33.5M | ||
| Q1 24 | $122.5M | $-48.8M |
| Q4 25 | — | $89.8M | ||
| Q3 25 | — | $-12.3M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $-168.7M | ||
| Q4 24 | — | $33.3M | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $29.7M | ||
| Q1 24 | — | $-53.8M |
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | -31.3% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | -10.1% |
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | 24.11× | ||
| Q1 25 | 1.51× | -9.22× | ||
| Q4 24 | 2.37× | 2.01× | ||
| Q3 24 | 1.74× | 0.23× | ||
| Q2 24 | 2.16× | 1.68× | ||
| Q1 24 | 2.00× | -6.26× |
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% |
VHI
| Chemicals | $418.3M | 85% |
| Real Estate Management And Development | $38.5M | 8% |
| Security Products | $29.5M | 6% |
| Marine Components | $8.2M | 2% |
