WORLD ACCEPTANCE CORP WRLD
General. The Company, which has continuously operated since July 1962, is one of the nation's largest small-loan consumer finance companies, offering short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers traditional installment loans generally between $400 and $5,300, with the average loan origination being $2,015 in fiscal 2026. The Company operates 1,009 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin as of March 31, 2026. The Company generally serves individuals with limited access to other sources of consumer credit such as banks, credit unions, other consumer finance businesses and credit card lenders. The Company also offers income tax return preparation services to its loan customers and other individuals.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $585.2M | $564.2M | $572.8M | $616.5M | $585.2M | $528.0M | $590.0M | $544.5M | $502.7M |
| SG&A | — | $301.9M | $240.9M | $268.6M | $279.5M | $300.0M | $304.6M | $347.5M | $288.3M | $269.1M |
| Total operating expenses | — | $539.9M | $452.9M | $473.8M | $589.4M | $519.6M | $416.6M | $555.1M | $454.7M | $405.8M |
| Interest expense | — | $49.4M | $42.7M | $48.2M | $50.5M | $33.4M | $25.7M | $25.9M | $17.9M | $19.1M |
| Pre-tax income | — | $45.2M | $111.3M | $99.0M | $27.1M | $65.6M | $111.4M | $34.9M | $89.9M | $96.9M |
| Income tax | — | $10.7M | $22.1M | $22.0M | $5.9M | $11.7M | $23.1M | $6.8M | $16.0M | $47.8M |
| Net income | — | $34.6M | $89.2M | $77.0M | $21.2M | $53.9M | $88.3M | $28.2M | $37.2M | $53.7M |
| EPS, basic | — | 7.00 | 16.45 | 13.40 | 3.69 | 8.88 | 13.59 | 3.66 | 4.14 | 6.11 |
| EPS, diluted | — | 6.88 | 16.21 | 13.14 | 3.60 | 8.47 | 13.23 | 3.54 | 4.05 | 5.99 |
| Shares, diluted (wtd. avg.) | — | $5.0M | $5.5M | $5.9M | $5.9M | $6.4M | $6.7M | $8.0M | $9.2M | $9.0M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | $6.1M | $4.7M | $5.2M | $16.5M | $19.2M | $15.7M | $11.6M | $9.3M | $12.5M |
| Property, plant and equipment | — | $17.4M | $19.8M | $22.9M | $23.9M | $24.5M | $25.3M | $24.8M | $25.4M | $22.8M |
| Goodwill | — | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.0M | $7.0M |
| Other intangibles | — | $4.2M | $7.4M | $11.1M | $15.3M | $19.8M | $23.5M | $24.4M | $15.3M | $6.6M |
| Total assets | — | $1.05B | $1.01B | $1.06B | $1.12B | $1.22B | $954.3M | $1.03B | $855.0M | $841.0M |
| Long-term debt | — | $587.2M | $447.9M | $498.4M | $598.8M | $697.0M | $405.0M | $451.1M | $251.9M | $244.9M |
| Total liabilities | — | $703.1M | $571.5M | $631.9M | $732.1M | $845.3M | $549.3M | $618.1M | $302.9M | $299.9M |
| Retained earnings | — | $71.6M | $170.6M | $138.0M | $97.2M | $92.1M | $149.3M | $184.7M | $354.0M | $391.3M |
| Total equity | — | $351.0M | $437.0M | $422.4M | $383.5M | $373.0M | $404.9M | $412.0M | $552.1M | $541.1M |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | $259.4M | $254.2M | $265.8M | $291.6M | $272.4M | $227.0M | $281.0M | $244.7M | $218.0M |
| Depreciation and amortisation | — | $5.8M | $6.3M | $6.7M | $6.2M | $6.3M | $6.5M | $6.8M | $6.6M | $7.3M |
| Stock-based compensation | — | — | -$19.7M | -$1.7M | $9.1M | $17.6M | $19.3M | $29.0M | $17.6M | $5.4M |
| Capital expenditure | — | $3.9M | $3.7M | $5.9M | $5.8M | $6.1M | $11.7M | $11.3M | $9.8M | $9.2M |
| Investing cash flow | — | -$232.9M | -$152.8M | -$135.1M | -$180.6M | -$451.9M | -$82.0M | -$279.1M | -$207.0M | -$169.8M |
| Financing cash flow | — | -$6.8M | -$103.5M | -$135.3M | -$113.7M | $182.9M | -$140.8M | $394.5K | -$63.1M | -$31.5M |
| Buybacks | — | $132.4M | $54.2M | $36.2M | $14.3M | $111.1M | $102.5M | $197.4M | $74.5M | $4.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000108385-26-000017.
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