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World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and electronic filing services; and automobile club memberships. The company serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $522M | - | $90M | $250M | 20.4% | -0.5% | 16.0% |
| 2024 | $525M | - | $77M | $260M | 18.2% | -7.3% | 264.3% |
| 2023 | $566M | - | $21M | $286M | 5.5% | 2.6% | -60.6% |
| 2022 | $552M | - | $54M | $266M | 14.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 551.76 | 566.08 | 524.98 | 522.13 |
| Operating Revenue | 551.76 | 566.08 | 524.98 | 522.13 |
| Selling General And Administration | 242.88 | 222.90 | 214.60 | 187.98 |
| Interest Income | 485.67 | 508.34 | 468.53 | 465.09 |
| Interest Expense | 33.42 | 50.46 | 48.23 | 42.71 |
| Net Interest Income | 452.24 | 457.87 | 420.30 | 422.38 |
| Pretax Income | 65.58 | 27.15 | 99.41 | 111.99 |
| Tax Provision | 11.66 | 5.91 | 22.06 | 22.24 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | 53.92 | 21.23 | 77.35 | 89.74 |
| Net Income From Continuing And Discontinued Operation | 53.92 | 21.23 | 77.35 | 89.74 |
| Net Income From Continuing Operation Net Minority Interest | 53.92 | 21.23 | 77.35 | 89.74 |
| Net Income | 53.92 | 21.23 | 77.35 | 89.74 |
| Net Income Common Stockholders | 53.92 | 21.23 | 77.35 | 89.74 |
| Net Income Including Noncontrolling Interests | 53.92 | 21.23 | 77.35 | 89.74 |
| Normalized Income | 53.92 | 21.23 | 77.35 | 89.74 |
| Diluted NI Availto Com Stockholders | 53.92 | 21.23 | 77.35 | 89.74 |
| Basic Average Shares | 6.35 | 6.23 | 5.94 | 5.37 |
| Diluted Average Shares | 6.36 | 6.23 | 5.94 | 5.51 |
| Reconciled Depreciation | 11.67 | 10.91 | 10.89 | 10.13 |
| Depreciation Amortization Depletion Income Statement | 5.01 | 4.47 | 4.22 | 3.81 |
| Depreciation And Amortization In Income Statement | 5.01 | 4.47 | 4.22 | 3.81 |
| General And Administrative Expense | 224.58 | 216.80 | 204.67 | 177.76 |
| Other Gand A | 41.52 | 39.11 | 40.22 | 36.70 |
| Salaries And Wages | 183.06 | 177.69 | 164.45 | 141.06 |
| Selling And Marketing Expense | 18.30 | 6.10 | 9.93 | 10.22 |
| Average Dilution Earnings | 0 | 0 | 0 | 0 |
| Amortization | 5.01 | 4.47 | 4.22 | 3.81 |
| Amortization Of Intangibles Income Statement | 5.01 | 4.47 | 4.22 | 3.81 |
| Occupancy And Equipment | 52.08 | 52.11 | 49.78 | 49.14 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| World Acceptance Corporationthis co. | WRLD | $755M | 8.41↓ discount | 1.72 | 20.4% | - |
| South Plains Financial, Inc. | SPFI | $786M | 13.45 | 1.59 | 11.8% | - |
| Peapack-Gladstone Financial Corporation | PGC | $778M | 20.84 | 1.18 | 5.7% | - |
| Southern Missouri Bancorp, Inc. | SMBC | $760M | 12.98 | 1.40 | 10.8% | - |
| Capital City Bank Group, Inc. |
| CCBG |
| $757M |
| 12.29 |
| 1.37 |
| 11.1% |
| - |
| Orrstown Financial Services, Inc. | ORRF | $736M | 9.11 | 1.24 | 13.7% | - |
| Navient Corporation | NAVI | $730M | - | 0.30 | -3.3% | - |
| Green Dot Corporation | GDOT | $726M | -7.34 | 0.82 | -11.1% | -5.47 |
| Alerus Financial Corporation | ALRS | $721M | 41.37 | 1.28 | 3.1% | - |
| Peer Median | - | 12.98 | 1.26 | 8.2% | -5.47 | |