NASDAQ : ECPG
Encore Capital Group, Inc. — Financial statements
Financials · Credit Services · United States
Last price 102.36 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.17B
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Financial statements
Encore Capital Group, Inc. (ECPG) reported revenue of 1.90B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 82.41M | 88.39M | 84.78M | 83.14M | 94.92M | 120.78M |
| Other Revenue | 1.82B | 1.68B | 1.23B | 1.14B | 1.30B | 1.49B |
| Revenue | 1.90B | 1.77B | 1.32B | 1.22B | 1.40B | 1.61B |
| Gross Profit | 1.90B | 1.77B | 1.32B | 1.22B | 1.40B | 1.61B |
| Selling, General & Admin | 1.01B | 968.92M | 876.65M | 796.30M | 774.45M | 824.21M |
| Other Operating Expenses | 144.90M | 144.48M | 130.80M | 111.18M | 111.23M | 106.94M |
| Operating Expenses | 1.18B | 1.14B | 1.04B | 949.22M | 932.10M | 981.23M |
| Operating Income | 717.47M | 626.65M | 276.47M | 273.46M | 466.25M | 633.27M |
| Interest Expense | -296.39M | -293.91M | -252.54M | -201.88M | -153.31M | -169.72M |
| Interest & Investment Income | 4.23M | 4.96M | 7.01M | 4.75M | 1.77M | 1.74M |
| Currency Exchange Gain (Loss) | -8.90M | 5.89M | -22.39M | -28.57M | ||
| Other Non Operating Income (Expenses) | -895.00K | 81.00K | 8.73M | -5.55M | 22.74M | 9.12M |
| EBT Excluding Unusual Items | 424.41M | 337.77M | 30.76M | 76.66M | 315.06M | 445.84M |
| Impairment of Goodwill | -100.60M | -238.20M | ||||
| Asset Writedown | -18.54M | -18.73M | -4.08M | |||
| Other Unusual Items | -32.15M | -1.61M | -7.83M | -9.30M | ||
| Pretax Income | 392.26M | 336.16M | -96.22M | -180.26M | 310.99M | 436.54M |
| Income Tax Expense | 90.70M | 79.33M | 43.03M | 26.23M | 116.42M | 85.34M |
| Earnings From Continuing Operations | 301.56M | 256.83M | -139.24M | -206.49M | 194.56M | 351.20M |
| Net Income to Company | 301.56M | 256.83M | -139.24M | -206.49M | 194.56M | 351.20M |
| Minority Interest in Earnings | -419.00K | |||||
| Net Income | 301.56M | 256.83M | -139.24M | -206.49M | 194.56M | 350.78M |
| Net Income to Common | 301.56M | 256.83M | -139.24M | -206.49M | 194.56M | 350.78M |
| Shares Outstanding (Basic) | 22.21M | 23.23M | 23.87M | 23.67M | 24.14M | 30.13M |
| Shares Outstanding (Diluted) | 22.85M | 23.53M | 23.87M | 23.67M | 26.09M | 31.15M |
| EPS (Basic) | 13.58 | 11.05 | -5.83 | -8.72 | 8.06 | 11.64 |
| EPS (Diluted) | 13.19 | 10.91 | -5.83 | -8.72 | 7.46 | 11.26 |
| Free Cash Flow | 125.14M | 126.93M | 127.16M | 128.18M | 173.46M | 269.68M |
| Free Cash Flow Per Share | 5.48 | 5.39 | 5.33 | 5.42 | 6.65 | 8.66 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 37.74% | 35.43% | 21.00% | 22.37% | 33.34% | 39.22% |
| Profit Margin | 15.86% | 14.52% | -10.58% | -16.89% | 13.91% | 21.73% |
| Free Cash Flow Margin | 6.58% | 7.18% | 9.66% | 10.48% | 12.40% | 16.70% |
| EBITDA | 745.54M | 655.41M | 308.91M | 315.20M | 512.67M | 683.35M |
| EBITDA Margin | 39.21% | 37.05% | 23.47% | 25.78% | 36.66% | 42.33% |
| D&A For EBITDA | 28.07M | 28.76M | 32.43M | 41.74M | 46.42M | 50.08M |
| EBIT | 717.47M | 626.65M | 276.47M | 273.46M | 466.25M | 633.27M |
| EBIT Margin | 37.74% | 35.43% | 21.00% | 22.37% | 33.34% | 39.22% |
| Effective Tax Rate | 23.12% | 23.60% | 37.44% | 19.55% | ||
| Revenue as Reported | 132.39M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 182.93M | 156.78M | 199.87M | 158.36M | 143.91M | 189.65M |
| Trading Asset Securities | 36.81M | 3.54M | ||||
| Cash & Short-Term Investments | 182.93M | 156.78M | 199.87M | 158.36M | 180.72M | 193.19M |
| Accounts Receivable | 4.61B | 4.37B | 3.78B | 3.47B | 3.09B | 3.07B |
| Other Receivables | 28.81M | 34.24M | 29.87M | 16.09M | 22.61M | |
| Receivables | 4.64B | 4.41B | 3.81B | 3.47B | 3.10B | 3.09B |
| Prepaid Expenses | 34.52M | 36.16M | 35.56M | 32.91M | 30.38M | 26.94M |
| Other Current Assets | 5.25M | 12.96M | 10.44M | 8.73M | 18.26M | 19.32M |
| Total Current Assets | 4.86B | 4.61B | 4.05B | 3.67B | 3.33B | 3.33B |
| Property, Plant & Equipment | 130.87M | 138.71M | 138.69M | 170.98M | 183.97M | 188.67M |
| Goodwill | 528.74M | 536.29M | 507.81M | 606.48M | 821.21M | 897.79M |
| Other Intangible Assets | 22.11M | 36.32M | ||||
| Long-Term Deferred Tax Assets | 4.27M | 5.77M | 8.42M | 17.28M | 18.07M | 51.45M |
| Other Long-Term Assets | 40.15M | 47.36M | 82.72M | 167.31M | 129.28M | 106.28M |
| Total Assets | 5.57B | 5.34B | 4.79B | 4.63B | 4.51B | 4.61B |
| Accounts Payable | 176.71M | 207.76M | 212.04M | 173.93M | 180.42M | 195.07M |
| Current Portion of Long-Term Debt | 236.51M | 37.32M | 118.36M | 50.55M | 36.92M | 16.90M |
| Current Portion of Leases | 18.71M | |||||
| Other Current Liabilities | 14.10M | 22.50M | 21.50M | 16.00M | 17.80M | 34.52M |
| Total Current Liabilities | 427.32M | 286.29M | 351.90M | 240.48M | 235.13M | 246.49M |
| Long-Term Debt | 3.95B | 3.98B | 3.57B | 3.32B | 2.89B | 2.99B |
| Long-Term Leases | 448.00K | 47.32M | 70.81M | 84.28M | 89.27M | 91.32M |
| Other Long-Term Liabilities | 109.71M | 49.72M | 27.98M | 53.97M | 111.18M | 94.73M |
| Total Liabilities | 4.49B | 4.36B | 4.02B | 3.69B | 3.33B | 3.42B |
| Common Stock | 212.00K | 217.00K | 237.00K | 235.00K | 233.00K | 245.00K |
| Additional Paid-In Capital | 19.30M | 11.05M | ||||
| Retained Earnings | 1.21B | 1.10B | 909.93M | 1.05B | 1.28B | 1.24B |
| Comprehensive Income & Other | -131.39M | -128.11M | -162.13M | -123.92M | -98.82M | -53.55M |
| Total Common Equity | 1.08B | 976.75M | 767.33M | 936.54M | 1.18B | 1.19B |
| Shareholders' Equity | 1.08B | 976.75M | 767.33M | 936.54M | 1.18B | 1.19B |
| Total Liabilities & Equity | 5.57B | 5.34B | 4.79B | 4.63B | 4.51B | 4.61B |
| Total Debt | 4.19B | 4.08B | 3.76B | 3.45B | 3.02B | 3.10B |
| Net Cash (Debt) | -4.00B | -3.93B | -3.56B | -3.29B | -2.84B | -2.91B |
| Net Cash Per Share | -175.20 | -166.83 | -149.16 | -139.07 | -108.79 | -93.26 |
| Filing Date Shares Outstanding | 21.21M | 21.41M | 23.69M | 23.55M | 23.32M | 24.53M |
| Total Common Shares Outstanding | 21.21M | 21.69M | 23.69M | 23.55M | 23.32M | 24.54M |
| Working Capital | 4.43B | 4.33B | 3.70B | 3.43B | 3.10B | 3.08B |
| Book Value Per Share | 50.86 | 45.04 | 32.39 | 39.78 | 50.58 | 48.30 |
| Tangible Book Value | 549.98M | 440.46M | 259.52M | 330.06M | 336.30M | 251.15M |
| Tangible Book Value Per Share | 25.93 | 20.31 | 10.95 | 14.02 | 14.42 | 10.23 |
| Machinery | 233.14M | 209.86M | 207.51M | 229.96M | 232.88M | |
| Construction In Progress | 9.49M | 14.59M | 28.64M | 2.55M | 2.49M | |
| Leasehold Improvements | 40.81M | 38.77M | 34.72M | 34.95M | 37.53M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 301.56M | 256.83M | -139.24M | -206.49M | 194.56M | 350.78M |
| Depreciation & Amortization | 28.07M | 28.76M | 32.43M | 41.74M | 46.42M | 50.08M |
| Asset Writedown & Restructuring Costs | 119.14M | 256.93M | 4.08M | |||
| Stock-Based Compensation | 20.18M | 18.27M | 14.01M | 13.85M | 15.40M | 18.33M |
| Other Operating Activities | -184.64M | -156.93M | 101.67M | 41.52M | -12.06M | -119.13M |
| Change in Accounts Payable | -17.39M | -3.65M | 56.40M | -10.44M | -31.00M | -35.95M |
| Change in Other Net Operating Assets | 3.56M | 9.92M | -28.25M | 15.89M | -6.72M | 38.94M |
| Operating Cash Flow | 151.34M | 153.20M | 156.17M | 152.99M | 210.68M | 303.05M |
| Capital Expenditures | -26.20M | -26.27M | -29.01M | -24.81M | -37.22M | -33.37M |
| Sale (Purchase) of Real Estate | 37.65M | 37.65M | 56.18M | 25.73M | -11.62M | 14.07M |
| Other Investing Activities | 331.00K | -1.89M | 8.92M | -793.00K | -3.15M | |
| Investing Cash Flow | -203.58M | -242.59M | -440.43M | -401.94M | -130.24M | 339.90M |
| Long-Term Debt Issued | 1.77B | 3.03B | 1.53B | 779.51M | 1.18B | |
| Long-Term Debt Repaid | -1.62B | -2.68B | -1.25B | -775.94M | -1.42B | |
| Net Debt Issued (Repaid) | 230.89M | 149.60M | 352.18M | 276.33M | 3.58M | -240.91M |
| Repurchase of Common Stock | -112.22M | -90.40M | -87.01M | -390.61M | ||
| Other Financing Activities | -54.21M | -14.35M | -34.40M | -8.03M | -24.02M | -24.17M |
| Financing Cash Flow | 64.46M | 44.85M | 317.77M | 268.30M | -107.44M | -655.69M |
| Foreign Exchange Rate Adjustments | -2.17M | 1.45M | 7.99M | -4.90M | -18.73M | 13.20M |
| Net Cash Flow | 10.04M | -43.08M | 41.50M | 14.45M | -45.73M | 461.00K |
| Free Cash Flow | 125.14M | 126.93M | 127.16M | 128.18M | 173.46M | 269.68M |
| Free Cash Flow Margin | 6.58% | 7.18% | 9.66% | 10.48% | 12.40% | 16.70% |
| Free Cash Flow Per Share | 5.48 | 5.39 | 5.33 | 5.42 | 6.65 | 8.66 |
| Levered Free Cash Flow | -157.00M | -377.22M | -266.15M | -289.85M | 170.25M | 596.61M |
| Unlevered Free Cash Flow | 28.24M | -193.53M | -108.31M | -163.68M | 266.06M | 702.68M |
| Cash Interest Paid | 274.70M | 259.81M | 210.58M | 163.81M | 131.39M | 132.40M |
| Cash Income Tax Paid | 59.27M | 54.77M | 67.09M | 68.52M | 71.28M | 42.04M |
| Change in Working Capital | -13.84M | 6.27M | 28.16M | 5.45M | -37.72M | 2.99M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.12B | 1.21B | 1.13B | 1.19B | 1.12B | 1.54B |
| Enterprise Value | 6.12B | 4.99B | 4.47B | 4.20B | 3.69B | 4.19B |
| Last Close Price | 99.98 | 54.35 | 47.77 | 50.75 | 47.94 | 62.11 |
| PE Ratio | 7.58 | 4.72 | 5.76 | 4.39 | ||
| Forward PE | 7.15 | 5.78 | 7.31 | 9.24 | 8.02 | 7.30 |
| PS Ratio | 1.12 | 0.69 | 0.86 | 0.98 | 0.80 | 0.95 |
| PB Ratio | 1.97 | 1.24 | 1.48 | 1.27 | 0.95 | 1.30 |
| P/TBV Ratio | 3.86 | 2.75 | 4.36 | 3.62 | 3.33 | 6.13 |
| P/FCF Ratio | 16.95 | 9.55 | 8.90 | 9.31 | 6.46 | 5.71 |
| P/OCF Ratio | 14.01 | 7.91 | 7.25 | 7.80 | 5.32 | 5.08 |
| PEG Ratio | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | |
| EV/Sales Ratio | 3.22 | 2.82 | 3.40 | 3.43 | 2.64 | 2.60 |
| EV/EBITDA Ratio | 8.21 | 7.62 | 14.46 | 13.32 | 7.20 | 6.13 |
| EV/EBIT Ratio | 8.54 | 7.97 | 16.16 | 15.35 | 7.92 | 6.62 |
| EV/FCF Ratio | 48.93 | 39.33 | 35.14 | 32.75 | 21.28 | 15.53 |
| Debt / Equity Ratio | 3.88 | 4.18 | 4.90 | 3.68 | 2.56 | 2.61 |
| Debt / EBITDA Ratio | 5.50 | 6.08 | 11.60 | 10.45 | 5.69 | 4.42 |
| Debt / FCF Ratio | 33.45 | 32.17 | 29.58 | 26.91 | 17.41 | 11.49 |
| Net Debt / Equity Ratio | 3.71 | 4.02 | 4.64 | 3.52 | 2.41 | 2.45 |
| Net Debt / EBITDA Ratio | 5.37 | 5.99 | 11.53 | 10.44 | 5.54 | 4.25 |
| Net Debt / FCF Ratio | 31.99 | 30.93 | 28.00 | 25.68 | 16.36 | 10.77 |
| Asset Turnover | 0.35 | 0.35 | 0.28 | 0.27 | 0.31 | 0.34 |
| Quick Ratio | 11.28 | 15.94 | 11.38 | 15.08 | 13.97 | 13.31 |
| Current Ratio | 11.38 | 16.11 | 11.52 | 15.26 | 14.18 | 13.50 |
| Return on Equity (ROE) | 30.54% | 29.45% | -16.34% | -19.52% | 16.45% | 29.20% |
| Return on Assets (ROA) | 8.34% | 7.73% | 3.67% | 3.74% | 6.39% | 8.36% |
| Return on Invested Capital (ROIC) | 11.11% | 10.37% | 6.46% | 6.63% | 7.20% | 11.99% |
| Return on Capital Employed (ROCE) | 14.00% | 12.40% | 6.20% | 6.20% | 10.90% | 14.50% |
| Earnings Yield | 13.20% | 21.19% | -12.30% | -17.29% | 17.36% | 22.77% |
| FCF Yield | 5.90% | 10.47% | 11.24% | 10.73% | 15.47% | 17.51% |
| Buyback Yield / Dilution | 4.01% | 1.42% | -0.86% | 9.28% | 16.25% | 1.76% |