World Acceptance (WRLD) Financials

$155.69 -0.81 (-0.52%)

Closing price 04:00 PM Eastern

Extended Trading

$155.71 +0.02 (+0.01%)

As of 04:04 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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	25	9.54	16	17	35	9.95	22	13	1.34	-1.95	-0.91
Consolidated Net Income / (Loss)	25	9.54	16	17	35	9.95	22	13	1.34	-1.95	-0.91
Net Income / (Loss) Continuing Operations	25	9.54	16	17	35	9.95	22	13	1.34	-1.95	-0.91
Total Pre-Tax Income	30	12	21	20	46	13	28	16	1.95	-1.69	-1.01
Total Revenue	149	127	124	126	155	120	121	127	123	120	128
Net Interest Income / (Expense)	109	104	104	107	108	101	103	111	106	105	113
Total Interest Income	121	117	117	119	122	111	114	122	115	119	126
Loans and Leases Interest Income	121	117	117	119	122	111	114	122	115	119	126
Total Interest Expense	12	12	13	12	14	9.77	10	11	9.63	14	13
Long-Term Debt Interest Expense	12	12	13	12	14	9.77	10	11	9.63	14	13
Total Non-Interest Income	39	23	20	19	47	18	18	16	17	16	15
Provision for Credit Losses	45	47	40	41	30	45	47	44	51	50	51
Total Non-Interest Expense	73	68	63	66	78	61	46	67	70	72	78
Salaries and Employee Benefits	47	42	38	40	49	37	22	41	46	48	51
Net Occupancy & Equipment Expense	12	13	12	12	13	12	12	12	12	12	12
Marketing Expense	1.55	2.75	2.24	3.72	2.31	1.66	2.82	4.45	2.30	2.17	3.76
Other Operating Expenses	12	9.89	8.78	9.16	13	9.61	8.48	8.47	9.68	9.18	9.76
Amortization Expense	1.11	1.07	1.06	1.05	1.10	1.01	0.96	0.94	0.83	0.81	0.78
Income Tax Expense	5.43	2.82	4.84	2.85	11	2.98	5.80	2.62	0.60	0.26	-0.10
Basic Earnings per Share	$4.28	$1.65	$2.78	$2.89	$5.96	$1.82	$4.05	$2.46	$0.26	($0.38)	($0.19)
Weighted Average Basic Shares Outstanding	5.75M	5.77M	5.78M	5.77M	5.75M	5.48M	5.47M	5.44M	5.22M	5.09M	4.76M
Diluted Earnings per Share	$4.21	$1.62	$2.71	$2.84	$5.85	$1.79	$3.99	$2.45	$0.25	($0.38)	($0.19)
Weighted Average Diluted Shares Outstanding	5.90M	5.89M	5.94M	5.86M	5.86M	5.57M	5.55M	5.46M	5.29M	5.09M	4.76M
Weighted Average Basic & Diluted Shares Outstanding	6.24M	6.24M	6.22M	6.08M	5.84M	-	5.75M	5.75M	5.45M	5.04M	4.94M

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	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-0.52	2.80	-6.01	-0.94	-0.72	-1.37	5.84	-5.85	-1.60	6.76	27
Net Cash From Operating Activities	60	63	59	84	48	54	61	91	58	49	58
Net Cash From Continuing Operating Activities	60	63	59	84	48	54	61	91	58	49	58
Net Income / (Loss) Continuing Operations	9.54	16	17	35	9.95	22	13	44	1.34	-1.95	-0.91
Consolidated Net Income / (Loss)	9.54	16	17	35	9.95	22	13	44	1.34	-1.95	-0.91
Provision For Loan Losses	47	40	41	29	45	47	44	33	51	50	51
Depreciation Expense	1.57	1.66	1.71	1.73	1.64	1.60	1.55	1.53	1.52	1.45	1.41
Amortization Expense	4.75	4.99	5.07	5.32	4.71	4.80	4.48	4.61	4.61	4.38	5.13
Non-Cash Adjustments to Reconcile Net Income	-1.46	-2.13	3.73	6.08	-3.41	-18	-3.77	2.01	6.98	6.31	5.76
Changes in Operating Assets and Liabilities, net	-1.28	2.30	-8.92	6.35	-9.89	-3.35	1.34	5.51	-6.82	-11	-4.84
Net Cash From Investing Activities	-51	-36	-70	22	-36	-58	-107	48	-68	-81	-105
Net Cash From Continuing Investing Activities	-51	-36	-70	22	-36	-58	-107	48	-68	-81	-105
Purchase of Property, Leasehold Improvements and Equipment	-1.66	-1.54	-1.22	-1.51	-1.08	-1.05	-0.69	-0.87	-1.04	-0.92	-0.81
Purchase of Investment Securities	-50	-35	-69	24	-35	-591	-375	49	-68	-613	-376
Sale of Property, Leasehold Improvements and Equipment	0.17	0.10	0.05	0.04	0.16	0.16	0.12	0.11	0.48	0.17	0.07
Sale and/or Maturity of Investments	-	-	-	-	-	-	269	-	-	-	272
Net Cash From Financing Activities	-8.97	-25	5.14	-107	-13	3.03	52	-145	8.51	39	74
Net Cash From Continuing Financing Activities	-8.97	-25	5.14	-107	-13	3.03	52	-145	8.51	39	74
Issuance of Debt	66	58	91	91	94	80	123	119	92	334	308
Repayment of Debt	-75	-83	-67	-179	-97	-68	-69	-233	-68	-229	-215
Repurchase of Common Equity	0.00	-	-17	-19	-11	-10.00	-1.05	-32	-13	-67	-15
Other Financing Activities, Net	0.71	0.36	-1.88	0.85	0.56	0.77	-2.12	0.48	-3.06	0.98	-3.48
Cash Interest Paid	17	7.23	17	7.60	15	6.21	15	8.21	12	11	12
Cash Income Taxes Paid	2.47	4.71	0.56	1.23	0.95	1.63	0.63	0.45	1.03	4.33	0.76

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	4.71
Restricted Cash	-	-	-	-	-	-	-	-	-	-	5.02
Loans and Leases, Net of Allowance	742	707	696	679	756	804	1,013	1,389	1,264	1,174	-103
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	1,067
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
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	262
Long-Term Debt	501	375	295	245	252	451	405	692	595	496	184
Other Long-Term Liabilities	18	8.26	13	21	12	167	103	95	86	82	121
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	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2022	12/31/2022	6/30/2023	9/30/2023	12/31/2023	6/30/2024	9/30/2024	12/31/2024	6/30/2025	9/30/2025	12/31/2025
Total Assets	1,247	1,217	1,114	1,106	1,120	1,048	1,049	1,111	1,024	1,062	1,142
Cash and Due from Banks	21	21	16	19	13	11	9.75	16	8.13	15	10
Restricted Cash	-	-	-	-	-	-	-	-	-	-	32
Loans and Leases, Net of Allowance	-156	-145	-129	-129	-121	-110	-114	-116	-109	-118	-123
Allowance for Loan and Lease Losses	156	145	129	129	121	110	114	116	109	118	123
Premises and Equipment, Net	25	24	24	24	23	22	21	21	19	18	18
Goodwill	7.37	7.37	7.37	7.37	7.37	7.37	7.37	7.37	7.37	7.37	7.37
Intangible Assets	18	16	14	13	12	10	9.11	8.30	6.56	5.75	4.98
Other Assets	1,333	1,292	1,182	1,172	1,185	1,107	1,116	1,175	1,092	1,134	1,193
Total Liabilities & Shareholders' Equity	1,247	1,217	1,114	1,106	1,120	1,048	1,049	1,111	1,024	1,062	1,142
Total Liabilities	891	857	717	696	713	626	632	682	596	697	791
Short-Term Debt	-	-	-	-	-	-	-	-	-	585	677
Long-Term Debt	747	723	585	561	585	493	505	560	472	0.00	0.00
Other Long-Term Liabilities	89	86	86	85	82	83	83	81	77	75	114
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	357	360	397	410	407	423	417	428	428	366	352
Total Preferred & Common Equity	357	360	397	410	407	423	417	428	428	366	352
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	357	360	397	410	407	423	417	428	428	366	352
Common Stock	289	286	290	287	285	286	269	267	266	274	275
Retained Earnings	68	73	107	123	122	137	149	161	161	92	76

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2023	6/30/2024	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	5,038,077.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	5,038,077.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.18
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.28	$1.82	$2.78	$2.89	$5.96	$0.00	$4.05	$2.46	$0.26	($0.38)	($0.19)
Adjusted Weighted Average Basic Shares Outstanding	5.75M	5.48M	5.78M	5.77M	5.75M	0.00	5.47M	5.44M	5.22M	5.09M	4.76M
Adjusted Diluted Earnings per Share	$4.21	$1.79	$2.71	$2.84	$5.85	$0.00	$3.99	$2.45	$0.25	($0.38)	($0.19)
Adjusted Weighted Average Diluted Shares Outstanding	5.90M	5.57M	5.94M	5.86M	5.86M	0.00	5.55M	5.46M	5.29M	5.09M	4.76M
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	6.24M	5.85M	5.75M	6.08M	5.84M	0.00	5.75M	5.75M	5.45M	5.04M	4.94M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

World Acceptance Corp (WRLD) has shown a mix of solid cash generation and some earnings pressure over the last four years. Below are the key takeaways based on the quarterly cash flow, income statement, and balance sheet data provided for Q1 2023 through Q2 2026.

Robust operating cash flow: Net cash from operating activities remains strong in recent quarters (Q4 2025: 90,957,261; Q1 2026: 58,153,047; Q2 2026: 48,629,641), highlighting solid cash generation from core operations despite earnings volatility.
Top-line stability in recent quarters: Total revenue generally runs around the 120–127 million range in 2025–2026 (Q2 2026: 120,123,256; Q3 2025: 127,338,879; Q2 2025: 120,952,083), suggesting a relatively stable topline.
Historical profitability on several quarters: The company has posted positive earnings in multiple quarters (for example, Q4 2024 Basic EPS 3.08; Q3 2024 Basic EPS 2.89; Q1 2025 Basic EPS 1.65), indicating profitability in a number of periods despite some later volatility.
Balance sheet size and resilience: Total assets typically run near 1.0–1.06 billion over the period, with Total Liabilities around 0.60–0.70 billion and Total Equity around 0.36–0.43 billion, reflecting a sizable balance sheet footprint that can support ongoing operations.
Elevated credit risk signals: Provisions for credit losses (PCL) and allowances for loan losses remained high in several quarters (Q2 2026 PCL: 49,840,902; Allowance for loan losses: 117,796,583), signaling ongoing credit risk management pressures.
Earnings pressure in 2026: The company posted a net loss in Q2 2026 (Consolidated Net Income: -1,946,197) and a Diluted EPS of -0.38, driven by elevated loan-loss provisions and higher operating costs, indicating near-term earnings volatility.

05/20/26 08:25 PM ETAI Generated. May Contain Errors.

World Acceptance Financials - Frequently Asked Questions

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.

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. See World Acceptance's forecast for analyst expectations on what's next for the company.

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%.

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.

In the past 10 years, World Acceptance's cash and equivalents has ranged from $4.71 million in 2025 to $38.34 million in 2015, and is currently $4.71 million as of their latest financial filing in 2025.

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%.

Related Companies

Financial statements for NASDAQ:WRLD last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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World Acceptance (WRLD) Financials

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World Acceptance (WRLD) Financials

Annual Income Statements for World Acceptance

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Annual Cash Flow Statements for World Acceptance

Quarterly Cash Flow Statements for World Acceptance

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Quarterly Balance Sheets for World Acceptance

Annual Metrics And Ratios for World Acceptance

Quarterly Metrics And Ratios for World Acceptance

Financials Breakdown Chart

Key Financial Trends

World Acceptance Financials - Frequently Asked Questions

When does World Acceptance's fiscal year end?

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

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

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

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