NASDAQ : WRLD
World Acceptance Corporation — Financial statements
Financials · Credit Services · United States
Last price 164.47 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 740.12M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
World Acceptance Corporation (WRLD) reported revenue of 595.58M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Other Revenue | 595.58M | 584.79M | 564.11M | 572.60M | 611.36M | 585.65M |
| Revenue | 595.58M | 584.79M | 564.11M | 572.60M | 611.36M | 585.65M |
| Cost of Revenue | 178.00M | 188.60M | 169.22M | 156.97M | 259.46M | 186.21M |
| Gross Profit | 417.58M | 396.19M | 394.90M | 415.63M | 351.89M | 399.44M |
| Selling, General & Admin | 302.50M | 298.69M | 237.12M | 264.38M | 275.01M | 294.97M |
| Amortization of Goodwill & Intangibles | 3.07M | 3.19M | 3.81M | 4.22M | 4.47M | 5.01M |
| Operating Expenses | 305.57M | 301.88M | 240.93M | 268.60M | 279.47M | 299.98M |
| Operating Income | 112.01M | 94.31M | 153.96M | 147.03M | 72.42M | 99.46M |
| Interest Expense | -48.54M | -49.44M | -42.71M | -48.23M | -50.46M | -33.42M |
| EBT Excluding Unusual Items | 63.47M | 44.87M | 111.25M | 98.79M | 21.96M | 66.04M |
| Gain (Loss) on Sale of Assets | 376.95K | 376.95K | 60.09K | 57.10K | -11.84K | -458.61K |
| Other Unusual Items | 154.60K | 5.20M | ||||
| Pretax Income | 63.84M | 45.24M | 111.31M | 99.00M | 27.15M | 65.58M |
| Income Tax Expense | 14.32M | 10.66M | 22.07M | 21.96M | 5.91M | 11.66M |
| Earnings From Continuing Operations | 49.52M | 34.59M | 89.24M | 77.05M | 21.23M | 53.92M |
| Net Income | 49.52M | 34.59M | 89.24M | 77.05M | 21.23M | 53.92M |
| Net Income to Common | 49.52M | 34.59M | 89.24M | 77.05M | 21.23M | 53.92M |
| Shares Outstanding (Basic) | 4.65M | 4.94M | 5.43M | 5.75M | 5.75M | 6.07M |
| Shares Outstanding (Diluted) | 4.73M | 5.03M | 5.51M | 5.86M | 5.90M | 6.36M |
| EPS (Basic) | 10.66 | 7.00 | 16.45 | 13.40 | 3.69 | 8.88 |
| EPS (Diluted) | 10.46 | 6.88 | 16.21 | 13.14 | 3.60 | 8.47 |
| Free Cash Flow | 255.48M | 250.48M | 259.85M | 285.73M | 266.38M | |
| Free Cash Flow Per Share | 50.83 | 45.48 | 44.33 | 48.44 | 41.86 | |
| Gross Margin | 70.11% | 67.75% | 70.00% | 72.59% | 57.56% | 68.20% |
| Operating Margin | 18.81% | 16.13% | 27.29% | 25.68% | 11.85% | 16.98% |
| Profit Margin | 8.31% | 5.91% | 15.82% | 13.46% | 3.47% | 9.21% |
| Free Cash Flow Margin | 43.69% | 44.40% | 45.38% | 46.74% | 45.48% | |
| EBITDA | 120.81M | 103.30M | 164.10M | 157.91M | 83.33M | 111.13M |
| EBITDA Margin | 20.29% | 17.66% | 29.09% | 27.58% | 13.63% | 18.98% |
| D&A For EBITDA | 8.80M | 8.99M | 10.13M | 10.89M | 10.91M | 11.67M |
| EBIT | 112.01M | 94.31M | 153.96M | 147.03M | 72.42M | 99.46M |
| EBIT Margin | 18.81% | 16.13% | 27.29% | 25.68% | 11.85% | 16.98% |
| Effective Tax Rate | 22.43% | 23.55% | 19.83% | 22.18% | 21.79% | 17.78% |
| Revenue as Reported | 595.96M | 585.17M | 564.17M | 572.81M | 616.55M | 585.19M |
| Advertising Expenses | 10.59M | 10.22M | 9.93M | 6.10M | 18.30M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.31M | 6.07M | 4.71M | 11.84M | 16.51M | 19.24M |
| Cash & Short-Term Investments | 8.31M | 6.07M | 4.71M | 11.84M | 16.51M | 19.24M |
| Accounts Receivable | 855.78M | 841.88M | 812.97M | 847.44M | 887.79M | 985.52M |
| Other Receivables | 5.89M | 2.42M | 3.09M | |||
| Receivables | 861.67M | 844.30M | 812.97M | 850.53M | 887.79M | 985.52M |
| Restricted Cash | 19.00M | 23.30M | 5.02M | |||
| Total Current Assets | 888.98M | 873.67M | 822.70M | 862.37M | 904.30M | 1.00B |
| Property, Plant & Equipment | 92.63M | 88.96M | 96.00M | 102.40M | 105.22M | 110.72M |
| Goodwill | 7.37M | 7.37M | 7.37M | 7.37M | 7.37M | 7.37M |
| Other Intangible Assets | 2.68M | 4.21M | 7.39M | 11.07M | 15.29M | 19.76M |
| Long-Term Deferred Tax Assets | 38.18M | 41.24M | 34.15M | 30.94M | 41.72M | 39.80M |
| Long-Term Deferred Charges | 4.00M | 800.00K | 1.10M | 1.20M | ||
| Other Long-Term Assets | 54.04M | 34.67M | 40.07M | 41.10M | 42.22M | 35.90M |
| Total Assets | 1.08B | 1.05B | 1.01B | 1.06B | 1.12B | 1.22B |
| Accounts Payable | 61.82M | 32.90M | 37.07M | 48.47M | 44.86M | 52.14M |
| Accrued Expenses | 5.10M | 5.30M | 5.50M | 5.70M | 5.90M | |
| Current Portion of Leases | 21.81M | 80.07K | ||||
| Current Income Taxes Payable | 222.74K | 2.53M | 7.38M | |||
| Total Current Liabilities | 61.82M | 59.80M | 42.59M | 53.97M | 53.09M | 65.51M |
| Long-Term Debt | 592.09M | 587.23M | 446.87M | 496.03M | 595.26M | 692.37M |
| Long-Term Leases | 78.08M | 52.16M | 78.69M | 81.92M | 83.74M | 87.40M |
| Long-Term Unearned Revenue | 3.06M | 3.93M | 3.35M | |||
| Total Liabilities | 735.05M | 703.12M | 571.50M | 631.92M | 732.09M | 845.27M |
| Additional Paid-In Capital | 279.44M | 266.43M | 286.43M | 288.07M | 280.91M | |
| Retained Earnings | 71.56M | 170.57M | 137.99M | 97.15M | 92.12M | |
| Shareholders' Equity | 348.84M | 351.01M | 436.99M | 424.43M | 385.23M | 373.02M |
| Total Liabilities & Equity | 1.08B | 1.05B | 1.01B | 1.06B | 1.12B | 1.22B |
| Total Debt | 670.17M | 661.19M | 525.56M | 577.95M | 679.00M | 779.85M |
| Net Cash (Debt) | -661.86M | -655.12M | -520.84M | -566.11M | -662.49M | -760.61M |
| Net Cash Per Share | -139.88 | -130.35 | -94.58 | -96.57 | -112.31 | -119.52 |
| Filing Date Shares Outstanding | 4.50M | 4.47M | 5.15M | 5.46M | 5.77M | 5.73M |
| Total Common Shares Outstanding | 4.50M | 4.48M | 5.21M | 5.55M | 5.77M | 5.80M |
| Working Capital | 827.16M | 813.87M | 780.11M | 808.40M | 851.20M | 939.25M |
| Book Value Per Share | 77.52 | 78.28 | 83.81 | 76.47 | 66.76 | 64.36 |
| Tangible Book Value | 338.78M | 339.43M | 422.23M | 405.99M | 362.57M | 345.90M |
| Tangible Book Value Per Share | 75.29 | 75.70 | 80.97 | 73.15 | 62.83 | 59.68 |
| Land | 44.44K | 100.44K | 100.44K | 100.44K | 100.44K | |
| Buildings | 21.62M | 20.87M | 20.16M | 18.50M | 18.48M | |
| Machinery | 60.35M | 59.47M | 58.81M | 56.48M | 56.27M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 34.59M | 89.24M | 77.05M | 21.23M | 53.92M | |
| Depreciation & Amortization | 8.99M | 10.13M | 10.89M | 10.91M | 11.67M | |
| Other Amortization | 16.50M | 15.38M | 15.90M | 17.18M | 18.01M | |
| Loss (Gain) From Sale of Assets | -376.95K | -60.09K | -57.10K | 11.84K | 458.61K | |
| Stock-Based Compensation | 19.34M | -19.69M | -1.68M | 9.05M | 17.58M | |
| Provision & Write-off of Bad Debts | 188.60M | 169.22M | 156.97M | 259.46M | 186.21M | |
| Other Operating Activities | -6.19M | -3.02M | 7.60M | -4.82M | -20.02M | |
| Change in Accounts Payable | -5.54M | -12.10M | 3.11M | -7.48M | 17.00M | |
| Change in Unearned Revenue | 575.96K | 670.43K | 402.95K | |||
| Change in Income Taxes | -2.64M | 3.31M | -5.62M | -4.85M | -4.19M | |
| Change in Other Net Operating Assets | 5.52M | 1.07M | 1.22M | -9.15M | -8.19M | |
| Operating Cash Flow | 259.36M | 254.16M | 265.78M | 291.55M | 272.45M | |
| Capital Expenditures | -3.88M | -3.68M | -5.93M | -5.83M | -6.07M | |
| Sale of Property, Plant & Equipment | 792.61K | 550.24K | 350.17K | 529.78K | 1.35M | |
| Cash Acquisitions | -18.95M | -1.98M | -23.13M | -10.86M | ||
| Investing Cash Flow | -232.88M | -152.75M | -135.14M | -180.58M | -451.89M | |
| Long-Term Debt Issued | 1.00B | 416.60M | 305.70M | 313.86M | 815.32M | |
| Long-Term Debt Repaid | -865.96M | -465.56M | -404.24M | -410.18M | -523.86M | |
| Net Debt Issued (Repaid) | 136.49M | -48.96M | -98.53M | -96.31M | 291.46M | |
| Issuance of Common Stock | 2.74M | 2.36M | 2.87M | 654.92K | 12.81M | |
| Repurchase of Common Stock | -141.49M | -56.87M | -39.03M | -16.86M | -116.21M | |
| Other Financing Activities | -4.57M | -50.48K | -619.84K | -1.18M | -5.12M | |
| Financing Cash Flow | -6.83M | -103.52M | -135.32M | -113.70M | 182.93M | |
| Net Cash Flow | 19.64M | -2.11M | -4.67M | -2.73M | 3.49M | |
| Free Cash Flow | 255.48M | 250.48M | 259.85M | 285.73M | 266.38M | |
| Free Cash Flow Margin | 43.69% | 44.40% | 45.38% | 46.74% | 45.48% | |
| Free Cash Flow Per Share | 50.83 | 45.48 | 44.33 | 48.44 | 41.86 | |
| Levered Free Cash Flow | 14.78M | 92.84M | 119.06M | 130.43M | -155.44M | |
| Unlevered Free Cash Flow | 29.18M | 104.15M | 133.30M | 144.79M | -152.55M | |
| Cash Interest Paid | 47.40M | 44.69M | 48.84M | 51.76M | 21.32M | |
| Cash Income Tax Paid | 10.78M | 30.94M | ||||
| Change in Working Capital | -2.09M | -7.04M | -890.52K | -21.48M | 4.62M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 747.34M | 642.17M | 682.62M | 825.18M | 480.46M | 1.15B |
| Enterprise Value | 1.41B | 1.38B | 1.31B | 1.48B | 1.27B | 1.94B |
| Last Close Price | 164.47 | 135.04 | 126.55 | 144.98 | 83.29 | 191.84 |
| PE Ratio | 15.88 | 18.57 | 7.65 | 10.71 | 22.63 | 21.32 |
| Forward PE | 12.59 | 14.37 | 9.23 | 12.53 | 18.39 | 19.76 |
| PS Ratio | 1.26 | 1.10 | 1.21 | 1.44 | 0.79 | 1.96 |
| PB Ratio | 2.12 | 1.83 | 1.56 | 1.94 | 1.25 | 3.08 |
| P/TBV Ratio | 2.22 | 1.89 | 1.62 | 2.03 | 1.32 | 3.32 |
| P/FCF Ratio | 2.88 | 2.51 | 2.73 | 3.18 | 1.68 | 4.32 |
| P/OCF Ratio | 2.84 | 2.48 | 2.69 | 3.10 | 1.65 | 4.22 |
| PEG Ratio | 10.73 | 10.73 | 10.73 | 10.73 | 10.73 | |
| EV/Sales Ratio | 2.38 | 2.37 | 2.32 | 2.58 | 2.07 | 3.31 |
| EV/EBITDA Ratio | 11.71 | 13.40 | 7.97 | 9.37 | 15.22 | 17.45 |
| EV/EBIT Ratio | 12.63 | 14.68 | 8.50 | 10.06 | 17.51 | 19.50 |
| EV/FCF Ratio | 5.41 | 5.42 | 5.22 | 5.70 | 4.44 | 7.28 |
| Debt / Equity Ratio | 1.92 | 1.88 | 1.20 | 1.36 | 1.76 | 2.09 |
| Debt / EBITDA Ratio | 3.94 | 4.36 | 2.46 | 2.78 | 5.01 | 4.78 |
| Debt / FCF Ratio | 2.59 | 2.10 | 2.22 | 2.38 | 2.93 | |
| Net Debt / Equity Ratio | 1.90 | 1.87 | 1.19 | 1.33 | 1.72 | 2.04 |
| Net Debt / EBITDA Ratio | 5.48 | 6.34 | 3.17 | 3.58 | 7.95 | 6.84 |
| Net Debt / FCF Ratio | 2.56 | 2.08 | 2.18 | 2.32 | 2.85 | |
| Asset Turnover | 0.56 | 0.57 | 0.55 | 0.53 | 0.52 | 0.54 |
| Quick Ratio | 14.07 | 14.22 | 19.20 | 15.98 | 17.03 | 15.34 |
| Current Ratio | 14.38 | 14.61 | 19.32 | 15.98 | 17.03 | 15.34 |
| Return on Equity (ROE) | 13.86% | 8.78% | 20.72% | 19.03% | 5.60% | 13.86% |
| Return on Assets (ROA) | 6.52% | 5.71% | 9.32% | 8.46% | 3.88% | 5.72% |
| Return on Invested Capital (ROIC) | 8.64% | 7.34% | 12.67% | 11.23% | 5.19% | 8.10% |
| Return on Capital Employed (ROCE) | 11.00% | 9.50% | 15.90% | 14.70% | 6.80% | 8.60% |
| Earnings Yield | 6.30% | 5.39% | 13.07% | 9.34% | 4.42% | 4.69% |
| FCF Yield | 34.73% | 39.78% | 36.69% | 31.49% | 59.47% | 23.17% |
| Buyback Yield / Dilution | 11.11% | 8.74% | 6.05% | 0.62% | 7.31% | 4.62% |