World Acceptance (WRLD) Financials

$177.01 +1.42 (+0.81%)

Closing price 10/6/2025 04:00 PM Eastern

Extended Trading

$177.22 +0.21 (+0.12%)

As of 10/6/2025 04:10 PM Eastern

Annual Income Statements for World Acceptance

This table shows World Acceptance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	111	87	74	54	37	28	88	54	21	77	90
Consolidated Net Income / (Loss)	111	87	74	54	37	28	88	54	21	77	90
Net Income / (Loss) Continuing Operations	111	87	68	49	74	28	88	54	21	77	90
Total Pre-Tax Income	176	138	106	97	90	35	111	66	27	99	112
Total Revenue	610	557	469	484	527	564	502	552	566	525	522
Net Interest Income / (Expense)	0.00	0.00	406	417	451	482	425	452	458	420	422
Total Interest Income	0.00	0.00	428	436	469	508	451	486	508	469	465
Loans and Leases Interest Income	-	-	428	436	469	508	451	486	508	469	465
Total Interest Expense	0.00	0.00	22	19	18	26	26	33	50	48	43
Long-Term Debt Interest Expense	-	-	22	19	18	26	26	33	50	48	43
Total Non-Interest Income	610	557	63	67	75	82	77	100	108	105	100
Provision for Credit Losses	119	124	119	118	148	182	86	186	259	157	169
Total Non-Interest Expense	315	296	244	269	288	347	305	300	279	269	241
Salaries and Employee Benefits	192	170	159	164	181	204	185	183	178	164	141
Net Occupancy & Equipment Expense	42	44	38	39	49	54	56	52	52	50	49
Marketing Expense	17	17	17	21	22	24	17	18	6.10	9.93	10
Other Operating Expenses	63	65	31	43	35	60	41	42	39	40	37
Amortization Expense	0.72	0.53	0.49	0.99	1.53	5.01	5.47	5.01	4.47	4.22	3.81
Income Tax Expense	65	50	38	48	16	6.75	23	12	5.91	22	22
Basic Earnings per Share	$12.12	$10.12	$8.45	$6.11	$4.14	$3.66	$13.59	$8.88	$3.69	$13.45	$16.54
Weighted Average Basic Shares Outstanding	9.15M	8.64M	8.71M	8.79M	8.99M	7.69M	6.49M	6.07M	5.75M	5.75M	5.43M
Diluted Earnings per Share	$11.90	$10.05	$8.38	$5.99	$4.05	$3.54	$13.23	$8.47	$3.60	$13.19	$16.30
Weighted Average Diluted Shares Outstanding	9.32M	8.69M	8.78M	8.96M	9.20M	7.95M	6.67M	6.36M	5.90M	5.86M	5.51M
Weighted Average Basic & Diluted Shares Outstanding	9.10M	8.60M	8.70M	8.80M	9M	7.51M	6.78M	6.28M	6.24M	5.84M	5.31M

This table shows World Acceptance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q3 2025
Period end date	12/31/2021	3/31/2022	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2024	12/31/2023	3/31/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	7.33	18	-8.57	-0.64	5.80	25	9.54	22	17	35	13
Consolidated Net Income / (Loss)	7.33	18	-8.57	-0.64	5.80	25	9.54	22	17	35	13
Net Income / (Loss) Continuing Operations	7.33	18	-8.57	-0.64	5.80	25	9.54	22	17	35	13
Total Pre-Tax Income	7.72	23	-11	-0.09	7.90	30	12	28	20	46	16
Total Revenue	149	148	147	138	132	149	127	121	126	155	127
Net Interest Income / (Expense)	0.00	237	119	117	112	109	104	103	107	108	111
Total Interest Income	0.00	258	130	130	126	121	117	114	119	122	122
Loans and Leases Interest Income	-	-	130	130	126	121	117	114	119	122	122
Total Interest Expense	0.00	21	11	13	14	12	12	10	12	14	11
Long-Term Debt Interest Expense	-	-	11	13	14	12	12	10	12	14	11
Total Non-Interest Income	149	-89	28	21	20	39	23	18	19	47	16
Provision for Credit Losses	-	-	86	69	60	45	47	47	41	30	44
Total Non-Interest Expense	141	11	72	70	65	73	68	46	66	78	67
Salaries and Employee Benefits	44	47	45	45	41	47	42	22	40	49	41
Net Occupancy & Equipment Expense	13	13	13	13	13	12	13	12	12	13	12
Marketing Expense	6.85	2.40	2.21	1.01	1.32	1.55	2.75	2.82	3.72	2.31	4.45
Other Operating Expenses	76	-53	9.90	8.79	8.88	12	9.89	8.48	9.16	13	8.47
Amortization Expense	1.28	1.27	1.13	1.11	1.11	1.11	1.07	0.96	1.05	1.10	0.94
Income Tax Expense	0.39	4.86	-2.16	0.55	2.10	5.43	2.82	5.80	2.85	11	2.62
Basic Earnings per Share	$1.20	$3.08	($1.49)	($0.11)	$1.01	$4.28	$1.65	$4.05	$2.89	$5.96	$2.46
Weighted Average Basic Shares Outstanding	6.12M	6.07M	5.74M	5.73M	5.76M	5.75M	5.77M	5.47M	5.77M	5.75M	5.44M
Diluted Earnings per Share	$1.14	$2.95	($1.49)	($0.11)	$0.99	$4.21	$1.62	$3.99	$2.84	$5.85	$2.45
Weighted Average Diluted Shares Outstanding	6.40M	6.36M	5.74M	5.73M	5.86M	5.90M	5.89M	5.55M	5.86M	5.86M	5.46M
Weighted Average Basic & Diluted Shares Outstanding	6.55M	6.28M	6.28M	6.26M	6.23M	6.24M	5.85M	5.75M	6.08M	5.84M	5.75M

This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Change in Cash & Equivalents	19	-26	2.82	17	-23	2.28	4.13	3.49	-2.73	-4.67	-2.11
Net Cash From Operating Activities	242	206	219	218	245	281	227	272	292	266	254
Net Cash From Continuing Operating Activities	242	206	136	218	245	280	227	272	292	266	254
Net Income / (Loss) Continuing Operations	111	87	0.00	54	37	28	88	54	21	77	90
Consolidated Net Income / (Loss)	111	87	-	54	37	28	88	54	21	77	90
Provision For Loan Losses	119	124	119	131	148	182	86	186	259	157	169
Depreciation Expense	6.54	6.50	6.92	7.34	6.61	7.67	8.27	10	6.24	6.67	6.33
Amortization Expense	1.14	3.30	2.52	1.86	2.12	29	24	23	22	20	19
Non-Cash Adjustments to Reconcile Net Income	-3.93	-7.21	3.95	14	52	30	27	3.13	1.03	7.10	-23
Changes in Operating Assets and Liabilities, net	8.48	-7.51	2.88	9.73	-2.18	4.37	-6.18	-4.42	-18	-2.43	-6.46
Net Cash From Investing Activities	-108	-102	-132	-170	-207	-279	-82	-452	-181	-135	-153
Net Cash From Continuing Investing Activities	-108	-102	-132	-170	-207	-279	-82	-452	-181	-135	-153
Purchase of Property, Leasehold Improvements and Equipment	-8.59	-8.65	-6.81	-9.17	-9.81	-11	-12	-6.07	-5.83	-5.93	-3.68
Purchase of Investment Securities	-117	-94	-105	-143	-191	-207	-56	-447	-175	-130	-150
Sale of Property, Leasehold Improvements and Equipment	0.40	0.89	0.80	0.31	0.47	0.28	3.16	1.35	0.53	0.35	0.55
Net Cash From Financing Activities	-112	-129	-84	-31	-63	0.39	-141	183	-114	-135	-104
Net Cash From Continuing Financing Activities	-112	-129	-84	-31	-63	0.39	-141	183	-114	-135	-104
Issuance of Debt	311	295	275	295	364	541	311	815	314	306	417
Repayment of Debt	-315	-427	-355	-346	-357	-343	-358	-529	-411	-405	-466
Repurchase of Common Equity	-115	0.00	-5.00	-4.61	-75	-197	-102	-111	-14	-36	-54
Other Financing Activities, Net	7.53	3.33	0.60	24	4.60	0.14	9.09	7.73	-1.89	0.04	-0.32
Cash Interest Paid	23	24	19	18	17	24	25	21	52	49	45
Cash Income Taxes Paid	61	63	38	39	23	16	15	31	11	8.95	3.65

This table details how cash moves in and out of World Acceptance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q4 2025
Period end date	12/31/2021	3/31/2022	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	3/31/2025
Net Change in Cash & Equivalents	1.78	0.57	-5.93	7.39	0.27	-4.45	-0.52	2.80	-6.01	-0.94	-5.85
Net Cash From Operating Activities	60	105	58	78	69	86	60	63	59	84	91
Net Cash From Continuing Operating Activities	60	105	58	78	69	86	60	63	59	84	91
Net Income / (Loss) Continuing Operations	7.33	18	-8.57	-0.64	5.80	25	9.54	16	17	35	44
Consolidated Net Income / (Loss)	7.33	18	-8.57	-0.64	5.80	25	9.54	16	17	35	44
Provision For Loan Losses	56	57	86	69	60	45	47	40	41	29	33
Depreciation Expense	2.57	2.51	1.51	1.51	1.63	1.59	1.57	1.66	1.71	1.73	1.53
Amortization Expense	6.15	6.79	6.02	5.18	5.72	4.94	4.75	4.99	5.07	5.32	4.61
Non-Cash Adjustments to Reconcile Net Income	-12	15	-6.15	-1.73	5.66	3.36	-0.58	-2.13	3.73	6.08	2.01
Changes in Operating Assets and Liabilities, net	-0.33	4.60	-20	5.55	-9.21	5.85	-2.16	2.30	-8.92	6.35	5.51
Net Cash From Investing Activities	-187	-17	-134	-40	-41	35	-51	-36	-70	22	48
Net Cash From Continuing Investing Activities	-187	-17	-134	-40	-41	35	-51	-36	-70	22	48
Purchase of Property, Leasehold Improvements and Equipment	-1.10	-1.59	-1.35	-1.78	-1.39	-1.31	-1.66	-1.54	-1.22	-1.51	-0.87
Purchase of Investment Securities	-186	-15	-133	-38	-40	37	-50	-35	-69	24	49
Sale of Property, Leasehold Improvements and Equipment	0.03	0.06	0.28	-	0.07	0.18	0.17	0.10	0.05	0.04	0.11
Net Cash From Financing Activities	128	-88	70	-31	-28	-126	-8.97	-25	5.14	-107	-145
Net Cash From Continuing Financing Activities	128	-88	70	-31	-28	-126	-8.97	-25	5.14	-107	-145
Issuance of Debt	168	108	128	55	69	62	66	58	91	91	119
Repayment of Debt	-19	-136	-44	-85	-94	-188	-75	-83	-67	-179	-233
Repurchase of Common Equity	-19	-61	-14	-	-	-0.00	0.00	-	-17	-19	-32
Other Financing Activities, Net	-1.89	1.09	0.40	-	-2.46	0.17	0.71	0.36	-1.88	0.85	0.48
Cash Interest Paid	4.77	5.30	18	6.81	18	8.93	17	7.23	17	7.60	8.21
Cash Income Taxes Paid	7.68	4.06	4.01	6.77	-	0.01	2.47	4.71	0.56	1.23	0.45

This table presents World Acceptance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Total Assets	866	806	801	841	855	1,030	954	1,218	1,117	1,056	1,008
Cash and Due from Banks	38	12	15	12	9.34	12	16	19	17	12	9.73
Loans and Leases, Net of Allowance	742	707	696	679	756	804	1,013	1,389	1,264	1,174	1,122
Loans and Leases	813	776	768	745	837	901	1,105	1,523	1,390	1,277	1,226
Allowance for Loan and Lease Losses	70	70	72	66	82	96	92	134	126	103	103
Premises and Equipment, Net	26	25	24	23	25	25	25	24	24	23	20
Goodwill	6.12	6.12	6.07	7.03	7.03	7.37	7.37	7.37	7.37	7.37	7.37
Intangible Assets	3.36	2.92	6.61	6.64	15	24	24	20	15	11	7.39
Other Assets	50	53	53	113	42	157	-131	-241	-210	-171	-159
Total Liabilities & Shareholders' Equity	866	806	801	841	855	1,030	954	1,218	1,117	1,056	1,008
Total Liabilities	551	414	340	300	303	618	549	845	732	632	568
Other Short-Term Payables	31	31	32	34	39	-	41	58	51	54	42
Long-Term Debt	501	375	295	245	252	451	405	692	595	496	447
Other Long-Term Liabilities	18	8.26	13	21	12	167	103	95	86	82	79
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	316	392	461	541	552	412	405	373	385	424	439
Total Preferred & Common Equity	316	392	461	541	552	412	405	373	385	424	439
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	316	392	461	541	552	412	405	373	385	424	439
Common Stock	142	139	144	176	198	227	256	281	288	286	266
Retained Earnings	189	276	345	391	354	185	149	92	97	138	173

This table presents World Acceptance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q3 2025
Period end date	12/31/2021	6/30/2022	9/30/2022	12/31/2022	6/30/2024	9/30/2024	12/31/2023	12/31/2024
Total Assets	1,270	1,279	1,247	1,217	1,048	1,049	1,120	1,111
Cash and Due from Banks	19	13	21	21	11	9.75	13	16
Loans and Leases, Net of Allowance	-133	-156	-156	-145	-110	-114	-121	-116
Allowance for Loan and Lease Losses	133	156	156	145	110	114	121	116
Premises and Equipment, Net	25	24	25	24	22	21	23	21
Goodwill	7.37	7.37	7.37	7.37	7.37	7.37	7.37	7.37
Intangible Assets	21	19	18	16	10	9.11	12	8.30
Other Assets	1,332	1,371	1,333	1,292	1,107	1,116	1,185	1,175
Total Liabilities & Shareholders' Equity	1,270	1,279	1,247	1,217	1,048	1,049	1,120	1,111
Total Liabilities	861	925	891	857	626	632	713	682
Other Short-Term Payables	51	53	55	49	50	44	45	41
Long-Term Debt	720	777	747	723	493	505	585	560
Other Long-Term Liabilities	89	95	89	86	83	83	82	81
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	409	354	357	360	423	417	407	428
Total Preferred & Common Equity	409	354	357	360	423	417	407	428
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	409	354	357	360	423	417	407	428
Common Stock	275	285	289	286	286	269	285	267
Retained Earnings	134	69	68	73	137	149	122	161

This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.83%	-8.64%	-15.81%	3.04%	8.90%	7.13%	-10.96%	9.85%	2.60%	-7.26%	-0.54%
EBITDA Growth	3.23%	-19.61%	-21.87%	-8.09%	-7.02%	-27.83%	101.40%	-30.79%	-44.31%	128.47%	8.48%
EBIT Growth	3.40%	-21.67%	-23.16%	-8.59%	-7.20%	-61.16%	219.12%	-41.13%	-58.61%	266.20%	12.65%
NOPAT Growth	3.96%	-21.15%	-22.43%	-27.58%	50.53%	-61.90%	213.53%	-38.92%	-60.62%	264.29%	16.03%
Net Income Growth	3.96%	-21.15%	-15.78%	-27.05%	-30.65%	-24.38%	213.53%	-38.92%	-60.62%	264.29%	16.03%
EPS Growth	23.96%	-15.55%	-16.62%	-28.52%	-32.39%	-12.59%	273.73%	-35.98%	-57.50%	266.39%	23.58%
Operating Cash Flow Growth	-1.66%	-14.81%	6.45%	-0.61%	12.22%	14.84%	-19.23%	20.05%	7.01%	-8.84%	-4.37%
Free Cash Flow Firm Growth	77.11%	28.56%	-43.15%	-75.33%	189.60%	-155.24%	558.40%	-242.52%	152.66%	29.44%	-9.85%
Invested Capital Growth	0.48%	-6.14%	-1.35%	3.94%	2.30%	7.34%	-6.16%	31.54%	-7.97%	-6.12%	-3.71%
Revenue Q/Q Growth	2.62%	-5.18%	-11.67%	9.06%	4.15%	1.31%	-1.72%	1.12%	0.13%	1.19%	0.00%
EBITDA Q/Q Growth	-27.96%	-35.53%	-52.94%	-52.08%	-59.97%	-75.62%	-47.88%	-54.85%	-85.43%	15.04%	0.00%
EBIT Q/Q Growth	-28.84%	-37.39%	-54.94%	-54.36%	-62.17%	-87.52%	-52.65%	-62.86%	-92.21%	19.15%	0.00%
NOPAT Q/Q Growth	9.42%	-17.62%	-5.29%	-0.78%	19.94%	-34.20%	32.35%	-32.95%	41.71%	14.88%	0.00%
Net Income Q/Q Growth	9.42%	-17.62%	2.83%	-4.80%	30.94%	-45.22%	51.97%	-32.95%	41.71%	14.88%	0.00%
EPS Q/Q Growth	16.44%	-16.46%	2.57%	-6.41%	29.39%	-22.20%	38.10%	-31.14%	53.85%	14.20%	0.00%
Operating Cash Flow Q/Q Growth	-0.89%	-1.51%	-1.02%	4.35%	3.41%	11.91%	-6.15%	3.61%	-6.23%	-0.70%	2.89%
Free Cash Flow Firm Q/Q Growth	-1.04%	0.90%	-38.18%	433.60%	107.63%	-104.25%	-1.89%	-33.61%	69.71%	-12.76%	0.00%
Invested Capital Q/Q Growth	-9.76%	-12.37%	-7.77%	-9.22%	-51.53%	-11.56%	-9.85%	-5.69%	-9.40%	-7.21%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	30.11%	26.49%	24.59%	21.93%	18.72%	12.61%	28.53%	17.98%	9.76%	24.04%	26.22%
EBIT Margin	28.85%	24.73%	22.57%	20.03%	17.07%	6.19%	22.18%	11.89%	4.80%	18.94%	21.45%
Profit (Net Income) Margin	18.16%	15.68%	15.68%	11.10%	7.07%	4.99%	17.58%	9.77%	3.75%	14.73%	17.19%
Tax Burden Percent	62.96%	63.38%	69.47%	55.44%	41.43%	80.66%	79.25%	82.22%	78.21%	77.81%	80.14%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	37.04%	36.62%	36.02%	49.31%	17.78%	19.34%	20.75%	17.78%	21.79%	22.19%	19.86%
Return on Invested Capital (ROIC)	13.60%	11.04%	8.90%	6.37%	9.29%	3.38%	10.55%	5.75%	2.08%	8.14%	9.93%
ROIC Less NNEP Spread (ROIC-NNEP)	13.60%	11.04%	10.64%	8.07%	-5.46%	3.38%	10.55%	5.75%	2.08%	8.14%	9.93%
Return on Net Nonoperating Assets (RNNOA)	21.98%	13.67%	8.35%	4.35%	-2.48%	2.46%	11.06%	8.11%	3.52%	10.97%	10.84%
Return on Equity (ROE)	35.59%	24.71%	17.26%	10.71%	6.81%	5.84%	21.61%	13.86%	5.60%	19.11%	20.78%
Cash Return on Invested Capital (CROIC)	13.13%	17.37%	10.27%	2.50%	7.02%	-3.70%	16.91%	-21.49%	10.38%	14.45%	13.71%
Operating Return on Assets (OROA)	20.51%	16.49%	13.19%	11.80%	10.60%	3.70%	11.23%	6.04%	2.32%	9.15%	10.85%
Return on Assets (ROA)	12.92%	10.45%	9.16%	6.54%	4.39%	2.99%	8.90%	4.96%	1.82%	7.12%	8.70%
Return on Common Equity (ROCE)	35.59%	24.71%	17.26%	10.71%	6.81%	5.84%	21.61%	13.86%	5.60%	19.11%	20.78%
Return on Equity Simple (ROE_SIMPLE)	35.12%	22.30%	15.96%	9.92%	6.74%	6.84%	21.80%	14.45%	5.51%	18.22%	20.42%
Net Operating Profit after Tax (NOPAT)	111	87	68	49	74	28	88	54	21	77	90
NOPAT Margin	18.16%	15.68%	14.44%	10.15%	14.03%	4.99%	17.58%	9.77%	3.75%	14.73%	17.19%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	-1.73%	-1.70%	14.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	41.20%	41.42%	45.43%	46.49%	47.81%	50.04%	51.36%	45.93%	41.67%	42.70%	38.39%
Operating Expenses to Revenue	51.68%	53.09%	52.05%	55.65%	54.75%	61.60%	60.65%	54.37%	49.37%	51.16%	46.14%
Earnings before Interest and Taxes (EBIT)	176	138	106	97	90	35	111	66	27	99	112
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	184	148	115	106	99	71	143	99	55	126	137
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.20	0.86	0.99	1.77	2.04	1.05	2.18	3.37	1.35	2.08	1.65
Price to Tangible Book Value (P/TBV)	2.27	0.88	1.01	1.81	2.13	1.14	2.36	3.63	1.43	2.17	1.71
Price to Revenue (P/Rev)	1.14	0.61	0.97	1.98	2.14	0.77	1.76	2.28	0.92	1.68	1.39
Price to Earnings (P/E)	6.27	3.87	6.18	17.81	30.27	15.38	10.00	23.29	24.43	11.40	8.10
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	15.95%	25.83%	16.18%	5.61%	3.30%	6.50%	10.00%	4.29%	4.09%	8.77%	12.34%
Enterprise Value to Invested Capital (EV/IC)	1.42	0.91	0.97	1.51	1.70	1.01	1.57	1.81	1.12	1.48	1.31
Enterprise Value to Revenue (EV/Rev)	1.90	1.26	1.57	2.46	2.60	1.55	2.53	3.50	1.94	2.60	2.23
Enterprise Value to EBITDA (EV/EBITDA)	6.30	4.74	6.37	11.21	13.89	12.26	8.88	19.45	19.87	10.82	8.51
Enterprise Value to EBIT (EV/EBIT)	6.58	5.08	6.93	12.27	15.24	25.00	11.42	29.41	40.43	13.74	10.40
Enterprise Value to NOPAT (EV/NOPAT)	10.45	8.02	10.84	24.21	18.54	30.99	14.41	35.77	51.69	17.66	12.97
Enterprise Value to Operating Cash Flow (EV/OCF)	4.79	3.40	3.35	5.45	5.60	3.11	5.61	7.08	3.76	5.14	4.58
Enterprise Value to Free Cash Flow (EV/FCFF)	10.82	5.09	9.40	61.64	24.53	0.00	9.00	0.00	10.34	9.94	9.40
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.59	0.96	0.64	0.45	0.46	1.10	1.00	1.86	1.55	1.17	1.02
Long-Term Debt to Equity	1.59	0.96	0.64	0.45	0.46	1.10	1.00	1.86	1.55	1.17	1.02
Financial Leverage	1.62	1.24	0.79	0.54	0.45	0.73	1.05	1.41	1.70	1.35	1.09
Leverage Ratio	2.76	2.36	1.88	1.64	1.55	1.96	2.43	2.79	3.08	2.68	2.39
Compound Leverage Factor	2.76	2.36	1.88	1.64	1.55	1.96	2.43	2.79	3.08	2.68	2.39
Debt to Total Capital	61.36%	48.88%	39.03%	31.16%	31.33%	52.27%	50.00%	64.99%	60.71%	53.89%	50.42%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	61.36%	48.88%	39.03%	31.16%	31.33%	52.27%	50.00%	64.99%	60.71%	53.89%	50.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	38.64%	51.12%	60.97%	68.84%	68.67%	47.73%	50.00%	35.01%	39.29%	46.11%	49.58%
Debt to EBITDA	2.73	2.54	2.56	2.31	2.56	6.34	2.83	6.98	10.78	3.93	3.26
Net Debt to EBITDA	2.52	2.45	2.43	2.19	2.46	6.18	2.72	6.79	10.48	3.84	3.19
Long-Term Debt to EBITDA	2.73	2.54	2.56	2.31	2.56	6.34	2.83	6.98	10.78	3.93	3.26
Debt to NOPAT	4.52	4.29	4.35	4.99	3.41	16.02	4.59	12.84	28.04	6.41	4.98
Net Debt to NOPAT	4.18	4.15	4.13	4.73	3.28	15.61	4.41	12.48	27.26	6.26	4.87
Long-Term Debt to NOPAT	4.52	4.29	4.35	4.99	3.41	16.02	4.59	12.84	28.04	6.41	4.98
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	107	138	78	19	56	-31	141	-202	106	137	124
Operating Cash Flow to CapEx	2,954.29%	2,653.88%	3,648.88%	2,460.54%	2,620.01%	2,555.99%	2,661.74%	5,772.68%	5,503.10%	4,760.95%	8,111.07%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	3.64	1.01	3.11	-1.19	5.50	-6.03	2.10	2.85	2.90
Operating Cash Flow to Interest Expense	0.00	0.00	10.20	11.42	13.64	10.85	8.83	8.15	5.78	5.51	5.95
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	9.92	10.96	13.12	10.43	8.50	8.01	5.67	5.39	5.88
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.71	0.67	0.58	0.59	0.62	0.60	0.51	0.51	0.48	0.48	0.51
Fixed Asset Turnover	24.06	21.77	18.97	20.59	21.85	22.48	20.06	22.16	23.39	22.42	24.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	817	767	756	786	804	863	810	1,065	980	920	886
Invested Capital Turnover	0.75	0.70	0.62	0.63	0.66	0.68	0.60	0.59	0.55	0.55	0.58
Increase / (Decrease) in Invested Capital	3.86	-50	-10	30	18	59	-53	255	-85	-60	-34
Enterprise Value (EV)	1,158	701	735	1,189	1,370	873	1,272	1,929	1,098	1,366	1,164
Market Capitalization	695	338	455	956	1,127	433	883	1,256	519	882	727
Book Value per Share	$33.11	$43.92	$52.49	$59.59	$57.38	$51.93	$59.51	$56.98	$61.85	$69.80	$76.48
Tangible Book Value per Share	$32.11	$42.91	$51.05	$58.08	$55.05	$47.92	$54.97	$52.84	$58.21	$66.77	$73.91
Total Capital	817	767	756	786	804	863	810	1,065	980	920	886
Total Debt	501	375	295	245	252	451	405	692	595	496	447
Total Long-Term Debt	501	375	295	245	252	451	405	692	595	496	447
Net Debt	463	362	280	232	243	439	389	673	579	484	437
Capital Expenditures (CapEx)	8.19	7.76	6.01	8.86	9.34	11	8.53	4.72	5.30	5.58	3.13
Net Nonoperating Expense (NNE)	0.00	0.00	-5.81	-4.60	37	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	501	375	295	245	252	451	405	692	595	496	447
Total Depreciation and Amortization (D&A)	7.68	9.80	9.44	9.20	8.73	36	32	34	28	27	25
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$12.12	$10.12	$8.45	$6.11	$4.14	$3.66	$13.59	$8.88	$0.00	$13.45	$16.54
Adjusted Weighted Average Basic Shares Outstanding	9.15M	8.64M	8.71M	8.79M	8.99M	7.69M	6.49M	6.07M	0.00	5.75M	5.43M
Adjusted Diluted Earnings per Share	$11.90	$10.05	$8.38	$5.99	$4.05	$3.54	$13.23	$8.47	$0.00	$13.19	$16.30
Adjusted Weighted Average Diluted Shares Outstanding	9.32M	8.69M	8.78M	8.96M	9.20M	7.95M	6.67M	6.36M	0.00	5.86M	5.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$4.14	$3.66	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	8.99M	8.81M	8.82M	9.13M	9.31M	7.51M	6.78M	6.28M	0.00	5.84M	5.31M
Normalized Net Operating Profit after Tax (NOPAT)	111	87	68	49	74	28	88	54	21	77	90
Normalized NOPAT Margin	18.16%	15.68%	14.44%	10.15%	14.03%	4.99%	17.58%	9.77%	3.75%	14.73%	17.19%
Pre Tax Income Margin	28.85%	24.73%	22.57%	20.03%	17.07%	6.19%	22.18%	11.89%	4.80%	18.94%	21.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	4.93	5.07	5.01	1.35	4.34	1.96	0.54	2.06	2.62
NOPAT to Interest Expense	0.00	0.00	3.15	2.57	4.12	1.09	3.44	1.61	0.42	1.60	2.10
EBIT Less CapEx to Interest Expense	0.00	0.00	4.65	4.61	4.49	0.92	4.00	1.82	0.43	1.95	2.55
NOPAT Less CapEx to Interest Expense	0.00	0.00	2.87	2.11	3.60	0.66	3.10	1.47	0.32	1.49	2.03
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	104.05%	0.00%	6.79%	8.59%	200.13%	701.06%	116.05%	206.12%	67.42%	46.81%	60.39%

This table displays calculated financial ratios and metrics derived from World Acceptance's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q3 2025
Period end date	12/31/2021	3/31/2022	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2024	9/30/2023	12/31/2023	3/31/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	20.16%	4.32%	18.19%	5.42%	-10.84%	0.50%	-18.39%	-10.05%	-4.83%	4.16%	1.01%
EBITDA Growth	-27.67%	95.05%	-110.92%	-68.51%	-7.16%	-75.01%	702.15%	318.15%	72.38%	45.09%	-35.53%
EBIT Growth	-54.36%	143.61%	-152.23%	-100.63%	2.38%	-78.08%	220.49%	23,689.21%	147.01%	53.16%	-17.96%
NOPAT Growth	-49.44%	-59.05%	-147.62%	-100.50%	-20.78%	34.00%	232.45%	26,004.41%	187.10%	40.68%	-19.66%
Net Income Growth	-49.44%	-59.05%	-154.32%	-105.13%	-20.78%	34.00%	216.12%	2,622.42%	187.10%	40.68%	-19.66%
EPS Growth	-49.33%	-56.49%	-161.07%	-105.67%	-13.16%	42.71%	220.13%	2,563.64%	186.87%	38.95%	-13.73%
Operating Cash Flow Growth	17.98%	9.94%	18.77%	35.27%	14.58%	-18.43%	2.66%	-19.27%	-14.93%	-2.18%	0.00%
Free Cash Flow Firm Growth	-343.63%	-341.88%	-133.00%	38.53%	123.83%	146.20%	185.03%	273.18%	100.16%	-13.56%	-83.72%
Invested Capital Growth	25.74%	31.54%	29.55%	11.49%	-4.21%	-7.97%	-19.08%	-16.39%	-8.33%	-6.12%	-0.40%
Revenue Q/Q Growth	13.32%	-0.44%	-0.79%	-5.80%	-4.17%	12.22%	-19.44%	-2.16%	1.39%	22.82%	0.00%
EBITDA Q/Q Growth	-21.53%	791.40%	-102.18%	306.17%	131.37%	139.90%	-47.38%	43.17%	-4.62%	101.92%	0.00%
EBIT Q/Q Growth	-45.19%	1,676.93%	-107.82%	99.17%	9,009.18%	280.45%	-57.00%	61.84%	-6.71%	135.89%	0.00%
NOPAT Q/Q Growth	-41.10%	150.89%	-140.86%	99.17%	9,449.61%	324.34%	-59.61%	61.67%	3.62%	107.93%	0.00%
Net Income Q/Q Growth	-41.10%	150.89%	-146.60%	92.56%	1,010.41%	324.34%	-59.61%	68.60%	3.62%	107.93%	0.00%
EPS Q/Q Growth	-41.24%	158.77%	-150.51%	92.62%	1,000.00%	325.25%	-57.48%	67.28%	4.80%	105.99%	0.00%
Operating Cash Flow Q/Q Growth	4.12%	73.89%	-44.61%	34.90%	-11.80%	23.79%	-30.29%	30.88%	-7.06%	42.34%	0.00%
Free Cash Flow Firm Q/Q Growth	-21.05%	-5.87%	-11.99%	57.17%	146.92%	105.27%	106.11%	-12.76%	-45.77%	-11.35%	0.00%
Invested Capital Q/Q Growth	14.16%	-5.69%	6.17%	-2.47%	-1.91%	-9.40%	-6.64%	0.77%	7.55%	-7.21%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	11.06%	99.00%	-2.18%	4.77%	11.51%	24.61%	16.08%	22.17%	20.86%	34.29%	13.31%
EBIT Margin	5.19%	92.71%	-7.31%	-0.06%	5.97%	20.22%	10.79%	16.83%	15.48%	29.74%	12.57%
Profit (Net Income) Margin	4.93%	12.43%	-5.84%	-0.46%	4.38%	16.57%	8.31%	12.94%	13.22%	22.38%	10.51%
Tax Burden Percent	94.93%	79.10%	79.85%	718.88%	73.46%	81.94%	76.95%	76.87%	85.38%	75.26%	83.61%
Interest Burden Percent	100.00%	16.95%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	5.07%	20.90%	0.00%	0.00%	26.54%	18.06%	23.05%	23.13%	14.62%	24.74%	16.39%
Return on Invested Capital (ROIC)	2.65%	7.31%	-2.93%	-0.03%	2.24%	9.17%	4.38%	6.71%	6.71%	12.36%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	2.65%	7.31%	-3.10%	-0.11%	2.24%	9.17%	4.38%	6.71%	6.71%	12.36%	0.00%
Return on Net Nonoperating Assets (RNNOA)	4.35%	10.32%	-5.08%	-0.19%	4.20%	15.57%	7.15%	10.85%	11.44%	16.66%	0.00%
Return on Equity (ROE)	7.00%	17.63%	-8.02%	-0.22%	6.44%	24.74%	11.53%	17.55%	18.14%	29.02%	0.00%
Cash Return on Invested Capital (CROIC)	-14.87%	-21.49%	-22.79%	-9.28%	5.65%	10.38%	24.98%	23.43%	15.14%	14.45%	0.00%
Operating Return on Assets (OROA)	2.46%	47.09%	-3.65%	-0.03%	2.71%	9.80%	5.00%	7.70%	6.97%	14.36%	0.00%
Return on Assets (ROA)	2.34%	6.31%	-2.91%	-0.22%	1.99%	8.03%	3.85%	5.92%	5.95%	10.81%	0.00%
Return on Common Equity (ROCE)	7.00%	17.63%	-8.02%	-0.22%	6.44%	24.74%	11.53%	17.55%	18.14%	29.02%	0.00%
Return on Equity Simple (ROE_SIMPLE)	19.64%	0.00%	8.35%	4.63%	4.17%	0.00%	9.40%	13.53%	16.44%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	7.33	18	-7.51	-0.06	5.80	25	9.95	16	17	35	13
NOPAT Margin	4.93%	12.43%	-5.12%	-0.04%	4.38%	16.57%	8.31%	12.94%	13.22%	22.38%	10.51%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.17%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	42.97%	41.93%	41.31%	43.26%	41.49%	40.71%	42.42%	42.71%	44.19%	41.70%	45.40%
Operating Expenses to Revenue	94.81%	7.29%	48.83%	50.42%	49.03%	49.23%	51.28%	50.63%	52.28%	50.59%	52.79%
Earnings before Interest and Taxes (EBIT)	7.72	137	-11	-0.09	7.90	30	13	21	20	46	16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	16	146	-3.20	6.59	15	37	19	28	26	53	17
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.02	3.37	1.99	1.71	1.15	1.35	1.71	1.90	2.00	2.08	1.51
Price to Tangible Book Value (P/TBV)	4.32	3.63	2.15	1.83	1.23	1.43	1.78	1.98	2.10	2.17	1.57
Price to Revenue (P/Rev)	3.01	2.28	1.23	1.05	0.73	0.92	1.34	1.51	1.54	1.68	0.00
Price to Earnings (P/E)	20.45	23.29	23.82	36.85	27.54	24.43	18.17	14.05	12.14	11.40	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.89%	4.29%	4.20%	2.71%	3.63%	4.09%	5.50%	7.12%	8.24%	8.77%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.08	1.81	1.30	1.21	1.03	1.12	1.32	1.40	1.40	1.48	1.21
Enterprise Value to Revenue (EV/Rev)	4.30	3.50	2.56	2.29	1.97	1.94	2.23	2.45	2.63	2.60	0.00
Enterprise Value to EBITDA (EV/EBITDA)	10.68	19.45	22.01	25.48	2.94	19.87	15.50	13.06	12.69	10.82	0.00
Enterprise Value to EBIT (EV/EBIT)	13.29	29.41	42.80	66.25	3.20	40.43	23.70	17.94	16.71	13.74	0.00
Enterprise Value to NOPAT (EV/NOPAT)	29.17	35.77	49.64	80.84	74.36	51.69	30.29	22.82	20.69	17.66	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.92	7.08	5.21	4.42	3.58	3.76	4.11	4.63	5.17	5.14	4.82
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	17.82	10.34	4.71	5.43	8.82	9.94	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.76	1.86	2.19	2.09	2.01	1.55	1.17	1.21	1.44	1.17	1.31
Long-Term Debt to Equity	1.76	1.86	2.19	2.09	2.01	1.55	1.17	1.21	1.44	1.17	1.31
Financial Leverage	1.64	1.41	1.64	1.70	1.88	1.70	1.63	1.62	1.71	1.35	1.37
Leverage Ratio	3.00	2.79	3.03	3.08	3.23	3.08	3.00	2.97	3.05	2.68	2.67
Compound Leverage Factor	3.00	0.47	3.03	3.08	3.23	3.08	3.00	2.97	3.05	2.68	2.67
Debt to Total Capital	63.76%	64.99%	68.69%	67.68%	66.77%	60.71%	53.83%	54.74%	58.97%	53.89%	56.66%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	63.76%	64.99%	68.69%	67.68%	66.77%	60.71%	53.83%	54.74%	58.97%	53.89%	56.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	36.24%	35.01%	31.31%	32.32%	33.23%	39.29%	46.17%	45.26%	41.03%	46.11%	43.34%
Debt to EBITDA	3.28	6.98	11.65	14.26	1.91	10.78	6.34	5.12	5.36	3.93	0.00
Net Debt to EBITDA	3.19	6.79	11.45	13.86	1.85	10.48	6.20	5.02	5.24	3.84	0.00
Long-Term Debt to EBITDA	3.28	6.98	11.65	14.26	1.91	10.78	6.34	5.12	5.36	3.93	0.00
Debt to NOPAT	8.96	12.84	26.27	45.24	48.22	28.04	12.40	8.94	8.74	6.41	0.00
Net Debt to NOPAT	8.72	12.48	25.82	43.99	46.83	27.26	12.12	8.77	8.55	6.26	0.00
Long-Term Debt to NOPAT	8.96	12.84	26.27	45.24	48.22	28.04	12.40	8.94	8.74	6.41	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-224	-237	-266	-114	53	110	226	197	107	95	17
Operating Cash Flow to CapEx	5,669.94%	6,866.58%	5,441.18%	4,411.73%	5,243.98%	7,582.49%	4,001.10%	4,384.72%	5,017.76%	5,696.54%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-11.18	-23.76	-8.73	3.79	8.99	23.11	15.70	9.14	6.65	1.54
Operating Cash Flow to Interest Expense	0.00	4.95	5.21	6.02	4.92	7.03	6.11	5.05	5.04	5.89	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	4.88	5.11	5.89	4.83	6.94	5.96	4.94	4.94	5.79	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.51	0.50	0.49	0.45	0.48	0.46	0.46	0.45	0.48	0.00
Fixed Asset Turnover	21.43	22.16	23.63	23.35	23.12	23.39	23.26	22.74	22.12	22.42	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,130	1,065	1,131	1,103	1,082	980	915	922	992	920	988
Invested Capital Turnover	0.54	0.59	0.57	0.56	0.51	0.55	0.53	0.52	0.51	0.55	0.00
Increase / (Decrease) in Invested Capital	231	255	258	114	-48	-85	-216	-181	-90	-60	-4.00
Enterprise Value (EV)	2,346	1,929	1,468	1,334	1,114	1,098	1,204	1,288	1,385	1,366	1,191
Market Capitalization	1,644	1,256	705	608	413	519	722	793	813	882	646
Book Value per Share	$61.11	$56.98	$56.40	$56.77	$57.48	$61.85	$72.30	$66.88	$65.39	$69.80	$74.47
Tangible Book Value per Share	$56.87	$52.84	$52.23	$52.80	$53.68	$58.21	$69.32	$64.24	$62.26	$66.77	$71.74
Total Capital	1,130	1,065	1,131	1,103	1,082	980	915	922	992	920	988
Total Debt	720	692	777	747	723	595	493	505	585	496	560
Total Long-Term Debt	720	692	777	747	723	595	493	505	585	496	560
Net Debt	702	673	764	726	702	579	482	495	572	484	544
Capital Expenditures (CapEx)	1.07	1.53	1.07	1.78	1.32	1.13	1.49	1.45	1.17	1.47	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	1.06	0.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	720	692	777	747	723	595	493	505	585	496	560
Total Depreciation and Amortization (D&A)	8.71	9.30	7.53	6.68	7.35	6.53	6.33	6.64	6.77	7.05	0.94
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.20	$3.08	($1.53)	($0.24)	$1.00	$4.28	$1.82	$2.78	$2.89	$5.96	$2.46
Adjusted Weighted Average Basic Shares Outstanding	6.12M	6.07M	5.74M	5.73M	5.76M	5.75M	5.48M	5.78M	5.77M	5.75M	5.44M
Adjusted Diluted Earnings per Share	$1.14	$2.95	($1.53)	($0.24)	$0.98	$4.21	$1.79	$2.71	$2.84	$5.85	$2.45
Adjusted Weighted Average Diluted Shares Outstanding	6.40M	6.36M	5.74M	5.73M	5.86M	5.90M	5.57M	5.94M	5.86M	5.86M	5.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.55M	6.28M	6.28M	6.26M	6.23M	6.24M	5.85M	5.75M	6.08M	5.84M	5.75M
Normalized Net Operating Profit after Tax (NOPAT)	7.33	18	-7.51	-0.06	5.80	25	9.95	16	17	35	13
Normalized NOPAT Margin	4.93%	12.43%	-5.12%	-0.04%	4.38%	16.57%	8.31%	12.94%	13.22%	22.38%	10.51%
Pre Tax Income Margin	5.19%	15.71%	-7.31%	-0.06%	5.97%	20.22%	10.79%	16.83%	15.48%	29.74%	12.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	6.47	-0.96	-0.01	0.56	2.47	1.32	1.67	1.67	3.24	1.42
NOPAT to Interest Expense	0.00	0.87	-0.67	0.00	0.41	2.02	1.02	1.28	1.43	2.44	1.19
EBIT Less CapEx to Interest Expense	0.00	6.39	-1.06	-0.14	0.47	2.37	1.17	1.55	1.57	3.13	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.79	-0.77	-0.14	0.32	1.93	0.87	1.17	1.33	2.33	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	79.66%	206.12%	352.81%	571.59%	500.53%	67.42%	0.00%	0.00%	25.84%	46.81%	0.00%

Financials Breakdown Chart

Key Financial Trends

World Acceptance (NASDAQ: WRLD) - Financial Highlights and Trends Analysis (Last Four Years)

Analyzing the financial statements from Q3 2022 through Q4 2025 across income, balance sheet, and cash flow statements reveals important insights about World Acceptance's performance, liquidity, and capital structure.

Net Income Growth: The company showed a turnaround from losses in early 2023 (Q1 2023 net loss of about $8.57 million) to consistent profitability, reaching $44.28 million in Q4 2025. This improvement signals enhanced operational performance and profitability momentum.
Increasing Net Interest Income: Net interest income remained strong and generally increased over the years, reaching over $111 million in Q3 2025, up from roughly $106 million in Q3 2024, reflecting solid core lending operations generating consistent revenues.
Controlled Operating Expenses: Despite fluctuations, total non-interest expenses remained fairly stable relative to revenue, suggesting some efficiency improvements in operating cost management.
Strong Cash Flow from Operations: Net cash from operating activities was healthy and rising, with Q4 2025 operating cash flow at about $90.96 million, indicating solid cash generation from core business activities supporting liquidity and reinvestment.
Investments in Property and Equipment: Continued capital expenditures are seen, about $0.87 million in Q4 2025, supporting asset base renewal and technological upgrades necessary for long-term operations.
Issuance of Debt and Capital Management: The company raised significant debt capital (e.g., $119 million issuance in Q4 2025), although repayments are higher (e.g., $233 million repayment), indicating active debt management to optimize capital structure.
Allowance for Loan and Lease Losses Remains Large: This reserve fluctuates significantly, with large values over $110 million in recent quarters, reflecting conservative credit risk management but also a notable risk exposure to potential loan losses.
Investment Securities Transactions: Mixed signals appear from purchases and sales of investment securities; significant purchases without full corresponding sales may indicate a changing investment portfolio strategy needing monitoring.
Significant Repurchases of Common Equity: The company has engaged in large common stock repurchases (e.g., $32 million in Q4 2025), which can reduce equity capital and might pressure leverage ratios if not supported by earnings growth.
Volatile Non-Interest Income and Expenses: Some swings in non-interest income and total non-interest expenses suggest variability in other operating lines, which could introduce earnings volatility in the future.

Summary: World Acceptance Corp has demonstrated a commendable recovery in profitability from earlier losses, solid cash flows from operations, and strong core interest income generation. The company maintains a substantial asset base with cautious allowance for credit losses. However, active debt issuance and repayments alongside equity buybacks reflect an aggressive approach towards capital structure management, which retail investors should watch carefully. Non-interest income volatility and significant provisions for loan losses warrant attention as potential risks. Overall, the trend is positive but with some balancing risks related to credit exposure and capital allocation.

10/07/25 06:40 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About World Acceptance's Financials

When does World Acceptance's fiscal year end?

According to the most recent income statement we have on file, World Acceptance's financial year ends in March. Their financial year 2025 ended on March 31, 2025.

How has World Acceptance's net income changed over the last 10 years?

World Acceptance's net income appears to be on a downward trend, with a most recent value of $89.74 million in 2025, falling from $110.83 million in 2015. The previous period was $77.35 million in 2024. View World Acceptance's forecast to see where analysts expect World Acceptance to go next.

How has World Acceptance's revenue changed over the last 10 years?

Over the last 10 years, World Acceptance's total revenue changed from $610.21 million in 2015 to $522.13 million in 2025, a change of -14.4%.

How much debt does World Acceptance have?

World Acceptance's total liabilities were at $568.15 million at the end of 2025, a 10.1% decrease from 2024, and a 3.2% increase since 2015.

How much cash does World Acceptance have?

In the past 10 years, World Acceptance's cash and equivalents has ranged from $9.34 million in 2019 to $38.34 million in 2015, and is currently $9.73 million as of their latest financial filing in 2025.

How has World Acceptance's book value per share changed over the last 10 years?

Over the last 10 years, World Acceptance's book value per share changed from 33.11 in 2015 to 76.48 in 2025, a change of 131.0%.

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This page (NASDAQ:WRLD) was last updated on 10/7/2025 by MarketBeat.com Staff

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World Acceptance (WRLD) Financials

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World Acceptance (WRLD) Financials

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