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ECPGEncore Capital Group, Inc.
$90.17$1.9B
Overview & Verdict
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ECPG logoEncore Capital Group, Inc.(ECPG)Earnings, Financials & Key Ratios

ECPG•NASDAQ
$90.17
8.3× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryMortgage FinanceSub-IndustryNon-prime and home equity lenders
AboutEncore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services, as well as debt servicing and other portfolio management services to credit originator for non-performing loans. The company was incorporated in 1999 and is headquartered in San Diego, California.Show more
  • EBITDA$652M+243.8%
  • Net Income$257M+284.4%
  • EPS (Diluted)10.91+287.1%
  • Gross Margin68.98%+50.4%
  • EBITDA Margin37.01%+156.7%
  • Operating Margin35.38%+196.0%
  • Net Margin14.57%+237.8%
  • ROE29.45%+280.2%

ECPG Price & Volume

Encore Capital Group, Inc. (ECPG) stock price & volume — 10-year historical chart

Loading chart...

Revenue Scaling Masks Persistent Debt Leverage Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Strained
Cash Flow:Mixed
Primary Risk:High leverage and liquidity

Key Thesis Takeaways

  • Encore Capital Group has demonstrated a robust revenue trajectory, scaling to $472.9 million in 2026Q1, driven by aggressive deployment into delinquent debt portfolios.
  • However, the company's reliance on high leverage, evidenced by a $4.1 billion debt load as of 2025Q4, creates significant sensitivity to collection volatility and impairment risks.
  • Investors should monitor the sustainability of current 69.5% gross margins, as the firm's historical earnings quality remains heavily impacted by non-cash adjustments and fluctuating cash conversion cycles.

Verdict Logic

while the forward P/E of 7.00 suggests potential value, the precarious current ratio of 0.21 as of 2025Q3 and high debt-to-equity ratio of 4.23 warrant caution regarding long-term liquidity.

ECPG Growth Metrics

Encore Capital Group, Inc. (ECPG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.55%
5 Years3.26%
3 Years8.02%
TTM-

Profit CAGR

10 Years18.99%
5 Years3.93%
3 Years9.7%
TTM356.11%

EPS CAGR

10 Years20.5%
5 Years10.31%
3 Years13.51%
TTM363.6%

Return on Capital

10 Years9.37%
5 Years8.79%
3 Years5.5%
Last Year12.6%

ECPG Recent Earnings

Encore Capital Group, Inc. (ECPG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$3.86+18.4%
$3.26
Rev
$475M+6.5%
$446M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$3.37+53.2%
$2.20
Rev
$474M+12.2%
$422M
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$3.17+65.1%
$1.92
Rev
$460M+8.8%
$423M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$2.49+72.9%
$1.44
Rev
$442M+12.4%
$393M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$3.86vs $3.26+18.4%
$475Mvs $446M+6.5%
Q1 2026Feb 25, 2026
$3.37vs $2.20+53.2%
$474Mvs $422M+12.2%
Q4 2025Nov 5, 2025
$3.17vs $1.92+65.1%
$460Mvs $423M+8.8%
Q3 2025Aug 6, 2025
$2.49vs $1.44+72.9%
$442Mvs $393M+12.4%
Based on last 12 quarters of dataView full earnings history →

Latest ECPG News

Recent stock market news and headlines for Encore Capital Group, Inc. (ECPG)

GlobeNewsWire·1 day ago
Encore Capital Group to Announce Second Quarter 2026 Financial Results on August 5

SAN DIEGO, July 06, 2026 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2026 on Wednesday, August 5, 2026, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Tomas Hernanz, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.

Zacks Investment Research·Jun 24, 2026
ECPG Stock Outlook Rests on U.S. Supply and Collection Strength

Encore Capital's outlook hinges on U.S. debt supply, record collections and funding discipline after a sharp 58.1% year-to-date rally.

Zacks Investment Research·Jun 24, 2026
Is ECPG Still Undervalued After Its Rally and Earnings Reset Higher

Encore Capital still looks inexpensive after its rally, with low earnings multiples and higher forecasts offset by leverage, legal costs and concentration risks.

Zacks Investment Research·Jun 24, 2026
Encore Capital Trends Point to Tech Gains and Margin Risks Into 2026

ECPG's tech-led collection gains and strong U.S. supply are lifting results, but legal costs, funding pressure and Europe remain key tests.

Zacks Investment Research·Jun 22, 2026
3 Consumer Loan Stocks Poised to Gain From Improving Industry Dynamics

While subdued asset quality and macro uncertainty are concerns, higher rates for long, digitization and easier lending criteria support the Zacks Consumer Loans industry. So, firms like CACC, ENVA and ECPG are poised to gain.

Peers Comparison

Key metrics vs top competitors for Encore Capital Group, Inc. (ECPG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ECPG logoECPGEncore Capital Group, Inc.Current
$90.17$1.93B8.2633.89%14.57%29.45%—
PRA logoPRAProAssurance Corporation
$25.00$1.29B25.25-2.67%6.04%4.95%—
PRAA logoPRAAPRA Group, Inc.
$18.03$687.68M-2.3110.36%-21.88%-25%—
FCFS logoFCFSFirstCash Holdings, Inc
$223.25$9.85B30.098.04%9.14%15.91%—
RM logoRMRegional Management Corp.
$41.88$393.54M9.419.7%7.4%13.16%—
SLM logoSLMSLM Corporation
$25.08$4.97B7.254.1%33.13%31.01%—

Compare ECPG vs Peers

Encore Capital Group, Inc. (ECPG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PRA

Most directly comparable listed peer for ECPG.

Scale Benchmark

vs COF

Larger-name benchmark to compare ECPG against a more recognizable public peer.

Peer Set

Compare Top 5

vs PRA, PRAA, FCFS, RM

ECPG SEC Filings & Documents

Encore Capital Group, Inc. (ECPG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Mar 20, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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ECPG Frequently Asked Questions

Encore Capital Group, Inc. (ECPG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Encore Capital Group, Inc.'s revenue?

Encore Capital Group, Inc. (ECPG) reported $1.85B in revenue for fiscal year 2025.

How fast is Encore Capital Group, Inc. growing?

Encore Capital Group, Inc. (ECPG) grew revenue by 33.9% over the past year. This is strong growth.

Is ECPG profitable?

Yes, Encore Capital Group, Inc. (ECPG) is profitable, generating $296.3M in net income for fiscal year 2025 (14.6% net margin).

Dividend & Returns
What is ECPG's return on equity?

Encore Capital Group, Inc. (ECPG) has a return on equity (ROE) of 29.5%. This is excellent, indicating efficient use of shareholder capital.

What is Encore Capital Group, Inc.'s free cash flow?

Encore Capital Group, Inc. (ECPG) generated $166.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ECPG back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →