[Form 4] IQVIA Holdings Inc. Insider Trading Activity

Q: What were FirstCash (FCFS) Q2 2025 earnings per share?

Diluted EPS was $1.34 , up 24% from $1.08 in Q2 2024.

Q: How did total revenue change for FCFS in Q2 2025?

Revenue was $830.6 million , essentially flat versus $831.0 million last year.

Q: What is the status of FirstCash’s acquisition of H&T Group plc?

Shareholders approved the £291 million cash deal on 2 Jul 25; closing is expected in Q3 2025 pending FCA approval.

Q: Why did leased-merchandise income decline?

AFF’s lease-to-own portfolio contracted, leading to a 28% YoY drop in lease income, though related loss provisions also fell.

Q: What is FirstCash’s current leverage ratio?

Net debt/adjusted EBITDA is about 2.5× , within both credit-facility and bond covenants.

Q: How much did FCFS return to shareholders in Q2 2025?

The company paid $16.9 M in dividends and repurchased $60.2 M of stock.

Q: What was the financial impact of the CFPB settlement?

FCFS recorded an $11 M charge for redress and penalties related to Military Lending Act allegations.

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FirstCash Holdings (FCFS) Q2-25 10-Q highlights:

Total revenue was essentially flat YoY at $830.6 M (H1 25: $1.67 B). A 6% increase in pawn-related sales & fees offset a 28% drop in leased-merchandise income.
Net revenue rose 4% to $412.8 M as lower lease depreciation/provisions improved gross margin 260 bp to 49.7%.
Net income increased 22% to $59.8 M; diluted EPS $1.34 vs $1.08. H1 EPS up 32% to $3.21.
Segment drivers: U.S. pawn generated 59% of consolidated pretax profit; Latin America pawn 24%; Retail POS (AFF) 17%. Pawn loans outstanding grew 12% YoY to $550.7 M, supporting higher pawn fee income.
Liquidity & leverage: Operating cash flow $243.5 M; cash balance fell to $101.5 M after $60.5 M share buybacks, $33.8 M dividends and $174.2 M capex/loan growth. Net debt ~2.5× adj. EBITDA, within covenant.
Major events: • Signed £291 M ($396 M) cash deal to acquire U.K. pawn leader H&T; shareholder approval obtained, closing expected Q3 25. • Amended $700 M revolver and lined up £299 M bridge loan to fund the deal. • Recorded $11 M charge to settle CFPB Military Lending Act matter.
Balance sheet: Assets $4.51 B (+4% vs 12/24). Goodwill $1.83 B. Senior notes unchanged at $1.53 B; revolver draw $152 M.
Capital return: Q2 dividend $0.38/share; 525 K shares repurchased YTD.

Overall, core pawn momentum and margin expansion drove double-digit EPS growth, partially offset by ongoing pressure in the lease-to-own portfolio and higher administrative spend ahead of the H&T acquisition.

FirstCash Holdings (FCFS) evidenze del 10-Q del 2° trimestre 2025:

Ricavi totali sostanzialmente stabili su base annua a 830,6 milioni di dollari (primo semestre 2025: 1,67 miliardi di dollari). Un aumento del 6% delle vendite e commissioni legate al pegno ha compensato un calo del 28% dei ricavi da merce in leasing.
Ricavi netti cresciuti del 4% a 412,8 milioni di dollari grazie a una riduzione delle svalutazioni/provisioni sul leasing che ha migliorato il margine lordo di 260 punti base, portandolo al 49,7%.
Utile netto aumentato del 22% a 59,8 milioni di dollari; EPS diluito di 1,34 dollari rispetto a 1,08 dollari. EPS del primo semestre in crescita del 32% a 3,21 dollari.
Driver di segmento: il pegno negli Stati Uniti ha generato il 59% dell'utile ante imposte consolidato; il pegno in America Latina il 24%; il punto vendita retail (AFF) il 17%. I prestiti su pegno in essere sono cresciuti del 12% su base annua a 550,7 milioni di dollari, sostenendo maggiori entrate da commissioni sul pegno.
Liquidità e leva finanziaria: flusso di cassa operativo di 243,5 milioni di dollari; saldo di cassa sceso a 101,5 milioni dopo riacquisti di azioni per 60,5 milioni, dividendi per 33,8 milioni e investimenti/crescita prestiti per 174,2 milioni. Debito netto circa 2,5 volte l'EBITDA rettificato, entro i limiti dei covenant.
Eventi principali: • Accordo in contanti da 291 milioni di sterline (396 milioni di dollari) per acquisire il leader britannico del pegno H&T; approvazione degli azionisti ottenuta, chiusura prevista per il terzo trimestre 2025. • Revisione della linea di credito revolving da 700 milioni di dollari e predisposizione di un prestito ponte da 299 milioni di sterline per finanziare l'acquisizione. • Registrata una svalutazione di 11 milioni di dollari per la risoluzione della questione relativa al Military Lending Act del CFPB.
Bilancio: Attività pari a 4,51 miliardi di dollari (+4% rispetto a dicembre 2024). Avviamento a 1,83 miliardi di dollari. Senior notes invariati a 1,53 miliardi; utilizzo della linea revolving 152 milioni.
Ritorno al capitale: dividendo del 2° trimestre di 0,38 dollari per azione; 525 mila azioni riacquistate da inizio anno.

In generale, la crescita del core business del pegno e l'espansione del margine hanno sostenuto una crescita a doppia cifra dell'EPS, parzialmente compensata dalla pressione continua sul portafoglio lease-to-own e dai maggiori costi amministrativi in vista dell'acquisizione di H&T.

Aspectos destacados del 10-Q del 2T-25 de FirstCash Holdings (FCFS):

Ingresos totales prácticamente planos interanualmente en 830,6 millones de dólares (1S 25: 1,67 mil millones de dólares). Un aumento del 6% en ventas y comisiones relacionadas con empeños compensó una caída del 28% en ingresos por mercancía arrendada.
Ingresos netos aumentaron un 4% a 412,8 millones de dólares gracias a menores depreciaciones/provisiones de arrendamiento que mejoraron el margen bruto en 260 puntos básicos hasta 49,7%.
Ingreso neto creció un 22% a 59,8 millones de dólares; EPS diluido de 1,34 dólares frente a 1,08 dólares. EPS del primer semestre aumentó 32% a 3,21 dólares.
Impulsores por segmento: el empeño en EE.UU. generó el 59% de la utilidad antes de impuestos consolidada; el empeño en América Latina el 24%; el punto de venta minorista (AFF) el 17%. Los préstamos de empeño pendientes crecieron 12% interanual a 550,7 millones de dólares, apoyando mayores ingresos por comisiones de empeño.
Liquidez y apalancamiento: flujo de caja operativo de 243,5 millones de dólares; saldo de efectivo bajó a 101,5 millones tras recompras de acciones por 60,5 millones, dividendos por 33,8 millones e inversiones/crecimiento de préstamos por 174,2 millones. Deuda neta ~2,5 veces EBITDA ajustado, dentro del convenio.
Eventos principales: • Acuerdo en efectivo de £291 M (396 M USD) para adquirir al líder de empeños del Reino Unido H&T; aprobación de accionistas obtenida, cierre esperado en 3T 25. • Modificación de línea revolvente de 700 M USD y aseguramiento de préstamo puente de £299 M para financiar la operación. • Registraron un cargo de 11 M USD para resolver asunto del Military Lending Act del CFPB.
Balance general: Activos por 4,51 mil millones USD (+4% vs 12/24). Goodwill 1,83 mil millones USD. Notas senior sin cambios en 1,53 mil millones; uso de revolver 152 M.
Retorno de capital: dividendo 2T de 0,38 USD/acción; 525 mil acciones recompradas en el año.

En conjunto, el impulso del negocio principal de empeños y la expansión del margen impulsaron un crecimiento de EPS de dos dígitos, parcialmente compensado por la presión continua en la cartera lease-to-own y mayores gastos administrativos previos a la adquisición de H&T.

FirstCash Holdings (FCFS) 2025년 2분기 10-Q 주요 내용:

총수익은 전년 대비 거의 변동 없이 8억 3,060만 달러(2025년 상반기: 16억 7,000만 달러)를 기록했습니다. 전당포 관련 판매 및 수수료가 6% 증가한 반면, 임대 상품 수익은 28% 감소했습니다.
순수익은 4% 증가한 4억 1,280만 달러로, 임대 감가상각 및 충당금 감소로 총이익률이 260bp 상승해 49.7%를 기록했습니다.
순이익은 22% 증가한 5,980만 달러이며, 희석 주당순이익(EPS)은 1.34달러로 전년 1.08달러 대비 상승했습니다. 상반기 EPS는 32% 증가한 3.21달러입니다.
사업 부문 동인: 미국 전당포는 통합 세전 이익의 59%를 창출했으며, 라틴 아메리카 전당포는 24%, 소매 POS(AFF)는 17%를 차지했습니다. 전당포 대출 잔액은 전년 대비 12% 증가한 5억 5,070만 달러로, 전당포 수수료 수익 증가를 뒷받침했습니다.
유동성 및 레버리지: 영업 현금 흐름은 2억 4,350만 달러이며, 주식 환매 6,050만 달러, 배당금 3,380만 달러, 자본 지출 및 대출 증가 1억 7,420만 달러로 인해 현금 잔액은 1억 1,150만 달러로 감소했습니다. 순부채는 조정 EBITDA의 약 2.5배로, 계약 조건 내에 있습니다.
주요 이벤트: • 영국 전당포 선두 업체 H&T 인수를 위한 2억 9,100만 파운드(3억 9,600만 달러) 현금 거래 계약 체결; 주주 승인 완료, 2025년 3분기 마감 예정. • 7억 달러 리볼빙 대출 수정 및 거래 자금 조달을 위한 2억 9,900만 파운드 브리지 론 확보. • CFPB 군사 대출법 관련 문제 해결을 위한 1,100만 달러 비용 인식.
대차대조표: 자산 45억 1,000만 달러(2024년 12월 대비 4% 증가). 영업권 18억 3,000만 달러. 선순위 채권 15억 3,000만 달러로 변동 없음; 리볼버 차입금 1억 5,200만 달러.
자본 환원: 2분기 배당금 주당 0.38달러; 연초 이후 52만 5,000주 자사주 매입.

전반적으로 핵심 전당포 사업의 성장 모멘텀과 마진 확장이 두 자릿수 EPS 성장을 견인했으며, 임대 구매 포트폴리오의 지속적인 압박과 H&T 인수 전 행정 비용 증가가 일부 상쇄했습니다.

Faits saillants du 10-Q du 2e trimestre 2025 de FirstCash Holdings (FCFS) :

Revenus totaux pratiquement stables en glissement annuel à 830,6 millions de dollars (S1 25 : 1,67 milliard de dollars). Une hausse de 6 % des ventes et frais liés au prêt sur gage a compensé une baisse de 28 % des revenus de marchandises louées.
Revenus nets en hausse de 4 % à 412,8 millions de dollars grâce à une réduction des dépréciations/provisions liées aux contrats de location, ce qui a amélioré la marge brute de 260 points de base pour atteindre 49,7 %.
Bénéfice net en hausse de 22 % à 59,8 millions de dollars ; BPA dilué de 1,34 $ contre 1,08 $. BPA du premier semestre en hausse de 32 % à 3,21 $.
Facteurs par segment : le prêt sur gage aux États-Unis a généré 59 % du bénéfice avant impôts consolidé ; le prêt sur gage en Amérique latine 24 % ; le point de vente au détail (AFF) 17 %. Les prêts sur gage en cours ont augmenté de 12 % en glissement annuel à 550,7 millions de dollars, soutenant des revenus plus élevés de frais de prêt sur gage.
Liquidités et levier financier : flux de trésorerie opérationnel de 243,5 millions de dollars ; solde de trésorerie en baisse à 101,5 millions après rachats d’actions pour 60,5 millions, dividendes de 33,8 millions et dépenses d’investissement/croissance des prêts de 174,2 millions. Dette nette d’environ 2,5 fois l’EBITDA ajusté, conforme aux engagements.
Événements majeurs : • Signature d’un accord en espèces de 291 millions de livres sterling (396 millions de dollars) pour acquérir le leader britannique du prêt sur gage H&T ; approbation des actionnaires obtenue, clôture prévue au T3 25. • Modification de la ligne de crédit renouvelable de 700 millions de dollars et mise en place d’un prêt relais de 299 millions de livres sterling pour financer l’opération. • Enregistrement d’une charge de 11 millions de dollars pour régler une affaire liée au Military Lending Act du CFPB.
Bilan : Actifs de 4,51 milliards de dollars (+4 % par rapport à 12/24). Goodwill de 1,83 milliard de dollars. Obligations senior stables à 1,53 milliard ; tirage sur la ligne renouvelable de 152 millions.
Retour sur capital : dividende du 2e trimestre de 0,38 $/action ; 525 000 actions rachetées depuis le début de l’année.

Dans l’ensemble, la dynamique du prêt sur gage principal et l’expansion des marges ont permis une croissance à deux chiffres du BPA, partiellement compensée par la pression continue sur le portefeuille de location-vente et des dépenses administratives accrues en amont de l’acquisition de H&T.

FirstCash Holdings (FCFS) Q2-25 10-Q Highlights:

Gesamtumsatz lag im Jahresvergleich nahezu unverändert bei 830,6 Mio. USD (H1 25: 1,67 Mrd. USD). Ein 6%iger Anstieg bei pfandbezogenen Verkäufen und Gebühren kompensierte einen Rückgang der Leasingerlöse um 28%.
Nettoumsatz stieg um 4% auf 412,8 Mio. USD, da geringere Leasingabschreibungen/-rückstellungen die Bruttomarge um 260 Basispunkte auf 49,7% verbesserten.
Nettoeinkommen erhöhte sich um 22% auf 59,8 Mio. USD; verwässertes EPS 1,34 USD gegenüber 1,08 USD. H1 EPS stieg um 32% auf 3,21 USD.
Segmenttreiber: US-Pfandgeschäft generierte 59% des konsolidierten Vorsteuergewinns; Lateinamerika-Pfand 24%; Einzelhandels-POS (AFF) 17%. Ausstehende Pfandkredite wuchsen um 12% im Jahresvergleich auf 550,7 Mio. USD, was höhere Pfandgebührenerlöse unterstützte.
Liquidität & Verschuldung: Operativer Cashflow 243,5 Mio. USD; Kassenbestand sank auf 101,5 Mio. USD nach Aktienrückkäufen von 60,5 Mio., Dividenden von 33,8 Mio. und Investitionen/Kreditwachstum von 174,2 Mio. Nettoverschuldung ca. 2,5× bereinigtes EBITDA, innerhalb der Covenants.
Wesentliche Ereignisse: • Unterzeichnung eines Bar-Deals über £291 Mio. (396 Mio. USD) zur Übernahme des britischen Pfandleaders H&T; Aktionärszustimmung erhalten, Abschluss für Q3 25 erwartet. • Anpassung einer revolvierenden Kreditlinie von 700 Mio. USD und Bereitstellung eines £299 Mio. Überbrückungskredits zur Finanzierung des Deals. • Verbuchung einer Belastung von 11 Mio. USD zur Beilegung der CFPB Military Lending Act Angelegenheit.
Bilanz: Vermögenswerte 4,51 Mrd. USD (+4% gegenüber 12/24). Firmenwert 1,83 Mrd. USD. Senior Notes unverändert bei 1,53 Mrd.; revolvierender Kredit in Höhe von 152 Mio. USD gezogen.
Kapitalrückführung: Dividende Q2 0,38 USD/Aktie; 525.000 Aktien im Jahresverlauf zurückgekauft.

Insgesamt trieben das Kernpfandgeschäft und die Margenausweitung ein zweistelliges EPS-Wachstum, teilweise ausgeglichen durch anhaltenden Druck im Lease-to-Own-Portfolio und höhere Verwaltungskosten im Vorfeld der H&T-Übernahme.

Positive

22% YoY increase in Q2 diluted EPS driven by higher pawn margins and expense control
12% growth in pawn loan portfolio supports continued fee expansion
H&T acquisition adds 285 U.K. stores and geographic diversification, approved by target shareholders
Operating cash flow $243 M comfortably funds dividends and buybacks while maintaining 2.5× leverage
CFPB lawsuit settled, removing legal uncertainty at modest $11 M cost

Negative

Leased-merchandise income fell 28% YoY, evidencing ongoing softness in AFF segment
Cash balance down 42% since year-end after buybacks, dividends and capex
Upcoming H&T deal likely to push leverage higher and requires FCA approval
Military Lending Act scrutiny may signal broader regulatory headwinds
Exposure to currency swings (MXN, GBP) could create earnings volatility

Insights

TL;DR – Pawn strength and margin gains fuel 22% EPS growth; H&T deal adds strategic scale but raises leverage.

The quarter underscores FCFS’s resilience in high-margin pawn lending: pawn fees +6%, inventory turns healthy, and consolidated gross margin neared 50%. Retail POS continues to normalize, with lease income –28% but associated loss provisions down 32%, cushioning net revenue. Management kept opex disciplined (operating expenses –3%), lifting operating leverage.
Cash generation funded $94 M of shareholder returns while net debt/EBITDA held at 2.5×, below note baskets. The £291 M H&T acquisition will expand store count 9% and give FCFS entry to the U.K.; integration risk appears manageable, yet the bridge financing could push leverage toward ~3.3× until synergies materialize.
Accrued $11 M for CFPB settlement removes a headline overhang, though it highlights ongoing regulatory scrutiny of military lending. Overall bias is positive given stable pawn fundamentals and accretive M&A pipeline.

TL;DR – Regulatory settlement resolved, but LTO contraction and FX exposure temper outlook.

Resolution of the CFPB action limits financial impact (<$0.15/share) and eliminates worst-case penalties. However, the Military Lending Act focus signals tighter oversight ahead. The lease-to-own portfolio shrank YoY and still carries a 39% allowance ratio; any reversal of credit normalization could pressure margins. Latin American operations add peso volatility—Q2 translation gain masked prior-year losses. The pending U.K. purchase introduces FCA approval risk and foreign regulatory complexity. Combined with higher floating-rate revolver usage, execution missteps could elevate leverage beyond covenant headroom. Risk profile therefore remains moderate.

FirstCash Holdings (FCFS) evidenze del 10-Q del 2° trimestre 2025:

Ricavi totali sostanzialmente stabili su base annua a 830,6 milioni di dollari (primo semestre 2025: 1,67 miliardi di dollari). Un aumento del 6% delle vendite e commissioni legate al pegno ha compensato un calo del 28% dei ricavi da merce in leasing.
Ricavi netti cresciuti del 4% a 412,8 milioni di dollari grazie a una riduzione delle svalutazioni/provisioni sul leasing che ha migliorato il margine lordo di 260 punti base, portandolo al 49,7%.
Utile netto aumentato del 22% a 59,8 milioni di dollari; EPS diluito di 1,34 dollari rispetto a 1,08 dollari. EPS del primo semestre in crescita del 32% a 3,21 dollari.
Driver di segmento: il pegno negli Stati Uniti ha generato il 59% dell'utile ante imposte consolidato; il pegno in America Latina il 24%; il punto vendita retail (AFF) il 17%. I prestiti su pegno in essere sono cresciuti del 12% su base annua a 550,7 milioni di dollari, sostenendo maggiori entrate da commissioni sul pegno.
Liquidità e leva finanziaria: flusso di cassa operativo di 243,5 milioni di dollari; saldo di cassa sceso a 101,5 milioni dopo riacquisti di azioni per 60,5 milioni, dividendi per 33,8 milioni e investimenti/crescita prestiti per 174,2 milioni. Debito netto circa 2,5 volte l'EBITDA rettificato, entro i limiti dei covenant.
Eventi principali: • Accordo in contanti da 291 milioni di sterline (396 milioni di dollari) per acquisire il leader britannico del pegno H&T; approvazione degli azionisti ottenuta, chiusura prevista per il terzo trimestre 2025. • Revisione della linea di credito revolving da 700 milioni di dollari e predisposizione di un prestito ponte da 299 milioni di sterline per finanziare l'acquisizione. • Registrata una svalutazione di 11 milioni di dollari per la risoluzione della questione relativa al Military Lending Act del CFPB.
Bilancio: Attività pari a 4,51 miliardi di dollari (+4% rispetto a dicembre 2024). Avviamento a 1,83 miliardi di dollari. Senior notes invariati a 1,53 miliardi; utilizzo della linea revolving 152 milioni.
Ritorno al capitale: dividendo del 2° trimestre di 0,38 dollari per azione; 525 mila azioni riacquistate da inizio anno.

Aspectos destacados del 10-Q del 2T-25 de FirstCash Holdings (FCFS):

Ingresos totales prácticamente planos interanualmente en 830,6 millones de dólares (1S 25: 1,67 mil millones de dólares). Un aumento del 6% en ventas y comisiones relacionadas con empeños compensó una caída del 28% en ingresos por mercancía arrendada.
Ingresos netos aumentaron un 4% a 412,8 millones de dólares gracias a menores depreciaciones/provisiones de arrendamiento que mejoraron el margen bruto en 260 puntos básicos hasta 49,7%.
Ingreso neto creció un 22% a 59,8 millones de dólares; EPS diluido de 1,34 dólares frente a 1,08 dólares. EPS del primer semestre aumentó 32% a 3,21 dólares.
Impulsores por segmento: el empeño en EE.UU. generó el 59% de la utilidad antes de impuestos consolidada; el empeño en América Latina el 24%; el punto de venta minorista (AFF) el 17%. Los préstamos de empeño pendientes crecieron 12% interanual a 550,7 millones de dólares, apoyando mayores ingresos por comisiones de empeño.
Liquidez y apalancamiento: flujo de caja operativo de 243,5 millones de dólares; saldo de efectivo bajó a 101,5 millones tras recompras de acciones por 60,5 millones, dividendos por 33,8 millones e inversiones/crecimiento de préstamos por 174,2 millones. Deuda neta ~2,5 veces EBITDA ajustado, dentro del convenio.
Eventos principales: • Acuerdo en efectivo de £291 M (396 M USD) para adquirir al líder de empeños del Reino Unido H&T; aprobación de accionistas obtenida, cierre esperado en 3T 25. • Modificación de línea revolvente de 700 M USD y aseguramiento de préstamo puente de £299 M para financiar la operación. • Registraron un cargo de 11 M USD para resolver asunto del Military Lending Act del CFPB.
Balance general: Activos por 4,51 mil millones USD (+4% vs 12/24). Goodwill 1,83 mil millones USD. Notas senior sin cambios en 1,53 mil millones; uso de revolver 152 M.
Retorno de capital: dividendo 2T de 0,38 USD/acción; 525 mil acciones recompradas en el año.

FirstCash Holdings (FCFS) 2025년 2분기 10-Q 주요 내용:

총수익은 전년 대비 거의 변동 없이 8억 3,060만 달러(2025년 상반기: 16억 7,000만 달러)를 기록했습니다. 전당포 관련 판매 및 수수료가 6% 증가한 반면, 임대 상품 수익은 28% 감소했습니다.
순수익은 4% 증가한 4억 1,280만 달러로, 임대 감가상각 및 충당금 감소로 총이익률이 260bp 상승해 49.7%를 기록했습니다.
순이익은 22% 증가한 5,980만 달러이며, 희석 주당순이익(EPS)은 1.34달러로 전년 1.08달러 대비 상승했습니다. 상반기 EPS는 32% 증가한 3.21달러입니다.
사업 부문 동인: 미국 전당포는 통합 세전 이익의 59%를 창출했으며, 라틴 아메리카 전당포는 24%, 소매 POS(AFF)는 17%를 차지했습니다. 전당포 대출 잔액은 전년 대비 12% 증가한 5억 5,070만 달러로, 전당포 수수료 수익 증가를 뒷받침했습니다.
유동성 및 레버리지: 영업 현금 흐름은 2억 4,350만 달러이며, 주식 환매 6,050만 달러, 배당금 3,380만 달러, 자본 지출 및 대출 증가 1억 7,420만 달러로 인해 현금 잔액은 1억 1,150만 달러로 감소했습니다. 순부채는 조정 EBITDA의 약 2.5배로, 계약 조건 내에 있습니다.
주요 이벤트: • 영국 전당포 선두 업체 H&T 인수를 위한 2억 9,100만 파운드(3억 9,600만 달러) 현금 거래 계약 체결; 주주 승인 완료, 2025년 3분기 마감 예정. • 7억 달러 리볼빙 대출 수정 및 거래 자금 조달을 위한 2억 9,900만 파운드 브리지 론 확보. • CFPB 군사 대출법 관련 문제 해결을 위한 1,100만 달러 비용 인식.
대차대조표: 자산 45억 1,000만 달러(2024년 12월 대비 4% 증가). 영업권 18억 3,000만 달러. 선순위 채권 15억 3,000만 달러로 변동 없음; 리볼버 차입금 1억 5,200만 달러.
자본 환원: 2분기 배당금 주당 0.38달러; 연초 이후 52만 5,000주 자사주 매입.

Faits saillants du 10-Q du 2e trimestre 2025 de FirstCash Holdings (FCFS) :

Revenus totaux pratiquement stables en glissement annuel à 830,6 millions de dollars (S1 25 : 1,67 milliard de dollars). Une hausse de 6 % des ventes et frais liés au prêt sur gage a compensé une baisse de 28 % des revenus de marchandises louées.
Revenus nets en hausse de 4 % à 412,8 millions de dollars grâce à une réduction des dépréciations/provisions liées aux contrats de location, ce qui a amélioré la marge brute de 260 points de base pour atteindre 49,7 %.
Bénéfice net en hausse de 22 % à 59,8 millions de dollars ; BPA dilué de 1,34 $ contre 1,08 $. BPA du premier semestre en hausse de 32 % à 3,21 $.
Facteurs par segment : le prêt sur gage aux États-Unis a généré 59 % du bénéfice avant impôts consolidé ; le prêt sur gage en Amérique latine 24 % ; le point de vente au détail (AFF) 17 %. Les prêts sur gage en cours ont augmenté de 12 % en glissement annuel à 550,7 millions de dollars, soutenant des revenus plus élevés de frais de prêt sur gage.
Liquidités et levier financier : flux de trésorerie opérationnel de 243,5 millions de dollars ; solde de trésorerie en baisse à 101,5 millions après rachats d’actions pour 60,5 millions, dividendes de 33,8 millions et dépenses d’investissement/croissance des prêts de 174,2 millions. Dette nette d’environ 2,5 fois l’EBITDA ajusté, conforme aux engagements.
Événements majeurs : • Signature d’un accord en espèces de 291 millions de livres sterling (396 millions de dollars) pour acquérir le leader britannique du prêt sur gage H&T ; approbation des actionnaires obtenue, clôture prévue au T3 25. • Modification de la ligne de crédit renouvelable de 700 millions de dollars et mise en place d’un prêt relais de 299 millions de livres sterling pour financer l’opération. • Enregistrement d’une charge de 11 millions de dollars pour régler une affaire liée au Military Lending Act du CFPB.
Bilan : Actifs de 4,51 milliards de dollars (+4 % par rapport à 12/24). Goodwill de 1,83 milliard de dollars. Obligations senior stables à 1,53 milliard ; tirage sur la ligne renouvelable de 152 millions.
Retour sur capital : dividende du 2e trimestre de 0,38 $/action ; 525 000 actions rachetées depuis le début de l’année.

FirstCash Holdings (FCFS) Q2-25 10-Q Highlights:

Gesamtumsatz lag im Jahresvergleich nahezu unverändert bei 830,6 Mio. USD (H1 25: 1,67 Mrd. USD). Ein 6%iger Anstieg bei pfandbezogenen Verkäufen und Gebühren kompensierte einen Rückgang der Leasingerlöse um 28%.
Nettoumsatz stieg um 4% auf 412,8 Mio. USD, da geringere Leasingabschreibungen/-rückstellungen die Bruttomarge um 260 Basispunkte auf 49,7% verbesserten.
Nettoeinkommen erhöhte sich um 22% auf 59,8 Mio. USD; verwässertes EPS 1,34 USD gegenüber 1,08 USD. H1 EPS stieg um 32% auf 3,21 USD.
Segmenttreiber: US-Pfandgeschäft generierte 59% des konsolidierten Vorsteuergewinns; Lateinamerika-Pfand 24%; Einzelhandels-POS (AFF) 17%. Ausstehende Pfandkredite wuchsen um 12% im Jahresvergleich auf 550,7 Mio. USD, was höhere Pfandgebührenerlöse unterstützte.
Liquidität & Verschuldung: Operativer Cashflow 243,5 Mio. USD; Kassenbestand sank auf 101,5 Mio. USD nach Aktienrückkäufen von 60,5 Mio., Dividenden von 33,8 Mio. und Investitionen/Kreditwachstum von 174,2 Mio. Nettoverschuldung ca. 2,5× bereinigtes EBITDA, innerhalb der Covenants.
Wesentliche Ereignisse: • Unterzeichnung eines Bar-Deals über £291 Mio. (396 Mio. USD) zur Übernahme des britischen Pfandleaders H&T; Aktionärszustimmung erhalten, Abschluss für Q3 25 erwartet. • Anpassung einer revolvierenden Kreditlinie von 700 Mio. USD und Bereitstellung eines £299 Mio. Überbrückungskredits zur Finanzierung des Deals. • Verbuchung einer Belastung von 11 Mio. USD zur Beilegung der CFPB Military Lending Act Angelegenheit.
Bilanz: Vermögenswerte 4,51 Mrd. USD (+4% gegenüber 12/24). Firmenwert 1,83 Mrd. USD. Senior Notes unverändert bei 1,53 Mrd.; revolvierender Kredit in Höhe von 152 Mio. USD gezogen.
Kapitalrückführung: Dividende Q2 0,38 USD/Aktie; 525.000 Aktien im Jahresverlauf zurückgekauft.

07/28/2025 - 05:03 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Fasano Jim

(Last)

(First)

(Middle)

C/O IQVIA HOLDINGS INC.

2400 ELLIS ROAD

(Street)

DURHAM

27703

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
IQVIA HOLDINGS INC. [ IQV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Shares	⁽¹⁾	07/24/2025		A		187		⁽¹⁾	⁽¹⁾	Common Stock	187	$200.82	3,870	D

Explanation of Responses:

1. Each deferred share is convertible into one share of common stock of IQVIA Holdings Inc. (the "Issuer") upon settlement. The deferred shares become settleable, in accordance with the Issuer's Non-Employee Director Deferral Plan, when the reporting person ceases to be a director, upon a change in control of the Company, or upon death of the reporting person. There is no expiry date.

Remarks:

	/s/ Matthew Gilmartin, Attorney-in-Fact for Jim Fasano	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What were FirstCash (FCFS) Q2 2025 earnings per share?

Diluted EPS was $1.34, up 24% from $1.08 in Q2 2024.

How did total revenue change for FCFS in Q2 2025?

Revenue was $830.6 million, essentially flat versus $831.0 million last year.

What is the status of FirstCash’s acquisition of H&T Group plc?

Shareholders approved the £291 million cash deal on 2 Jul 25; closing is expected in Q3 2025 pending FCA approval.

Why did leased-merchandise income decline?

AFF’s lease-to-own portfolio contracted, leading to a 28% YoY drop in lease income, though related loss provisions also fell.

What is FirstCash’s current leverage ratio?

Net debt/adjusted EBITDA is about 2.5×, within both credit-facility and bond covenants.

How much did FCFS return to shareholders in Q2 2025?

The company paid $16.9 M in dividends and repurchased $60.2 M of stock.

What was the financial impact of the CFPB settlement?

FCFS recorded an $11 M charge for redress and penalties related to Military Lending Act allegations.

[Form 4] IQVIA Holdings Inc. Insider Trading Activity

Insights

FAQ

What were FirstCash (FCFS) Q2 2025 earnings per share?

How did total revenue change for FCFS in Q2 2025?

What is the status of FirstCash’s acquisition of H&T Group plc?

Why did leased-merchandise income decline?

What is FirstCash’s current leverage ratio?

How much did FCFS return to shareholders in Q2 2025?

What was the financial impact of the CFPB settlement?

NYSE:IQV

IQV Rankings

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Trending News

[Form 4] IQVIA Holdings Inc. Insider Trading Activity

Insights

Equity Research Analyst positive

Risk & Regulatory Analyst neutral

FAQ

What were FirstCash (FCFS) Q2 2025 earnings per share?

How did total revenue change for FCFS in Q2 2025?

What is the status of FirstCash’s acquisition of H&T Group plc?

Why did leased-merchandise income decline?

What is FirstCash’s current leverage ratio?

How much did FCFS return to shareholders in Q2 2025?

What was the financial impact of the CFPB settlement?

NYSE:IQV

IQV Rankings

IQV Latest News

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