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Held by 272 of 6,047 reporting institutions (93th percentile) — extremely crowded.
Data as of Q2 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
A reverse discounted cash flow is not shown for a bank.
Funded by deposits, so debt-weighted leverage and a WACC are not defined. Capital adequacy (CET1, LCR) is the right question and is not collected yet.
Classified from the filings: SIC code.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $90.4M buybacks = $90.4M returned on $126.9M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 26%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-16
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.77B 100.0% | $1.32B 100.0% | $1.22B 100.0% | $1.40B 100.0% | $1.61B 100.0% | $1.50B 100.0% | $1.41B 100.0% | $1.32B 100.0% | $1.15B 100.0% | $1.11B 100.0% |
| Selling, General & Admin | $165.9M 9.4% | $163.8M 12.4% | $144.9M 11.8% | $145.8M 10.4% | $137.7M 8.5% | $149.1M 9.9% | $148.3M 10.5% | $158.4M 12.0% | $158.1M 13.8% | $134.0M 12.0% |
| Total Operating Expenses | $1.14B 64.6% | $1.16B 88.0% | $1.21B 98.6% | $936.2M 66.9% | $981.2M 60.8% | $967.8M 64.5% | $951.3M 67.7% | $956.7M 72.4% | $862.5M 75.3% | $787.7M 70.7% |
| Operating Income | $626.6M 35.4% | $157.3M 12.0% | $16.5M 1.4% | $462.2M 33.1% | $633.3M 39.2% | $533.6M 35.5% | $446.3M 31.8% | $405.3M 30.7% | $324.5M 28.3% | $241.5M 21.7% |
| Interest Expense | $293.9M 16.6% | $252.5M 19.2% | $201.9M 16.5% | $153.3M 11.0% | $169.6M 10.5% | $209.4M 13.9% | $217.8M 15.5% | $237.4M 18.0% | $204.2M 17.8% | $198.4M 17.8% |
| Other Income (Expense), net | -$290.5M -16.4% | -$253.5M -19.3% | -$196.8M -16.1% | -$151.2M -10.8% | -$196.7M -12.2% | -$250.7M -16.7% | -$245.1M -17.4% | -$248.8M -18.8% | -$193.3M -16.9% | -$184.1M -16.5% |
| Pretax Income | $336.2M 19.0% | -$96.2M -7.3% | -$180.3M -14.7% | $311.0M 22.2% | $436.5M 27.0% | $282.9M 18.8% | $201.2M 14.3% | $156.5M 11.9% | $131.2M 11.5% | $57.4M 5.2% |
| Income Tax Expense | $79.3M 4.5% | $43.0M 3.3% | $26.2M 2.1% | $116.4M 8.3% | $85.3M 5.3% | $70.4M 4.7% | $32.3M 2.3% | $46.8M 3.5% | $52.0M 4.5% | $38.2M 3.4% |
| Net Income | $257.0M 14.5% | -$139.0M -10.6% | -$206.0M -16.8% | $195.0M 13.9% | $351.0M 21.7% | $211.8M 14.1% | $167.9M 11.9% | $115.9M 8.8% | $83.2M 7.3% | $76.6M 6.9% |
| Per Share | ||||||||||
| EPS (Basic) | $11.05 | -$5.83 | -$8.72 | $8.06 | $11.64 | $6.74 | $5.38 | $4.09 | $3.20 | $2.98 |
| EPS (Diluted) | $10.91 | -$5.83 | -$8.72 | $7.46 | $11.26 | $6.68 | $5.33 | $4.06 | $3.15 | $2.96 |
| Weighted Avg Shares (Basic) | 23.2M | 23.9M | 23.7M | 24.1M | 30.1M | 31.4M | 31.2M | 28.3M | 26.0M | 25.7M |
| Weighted Avg Shares (Diluted) | 23.5M | 23.9M | 23.7M | 26.1M | 31.2M | 31.7M | 31.5M | 28.6M | 26.4M | 25.9M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-10-16
Where each multiple sits in its own 14-yr range · 75th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE 26% against ROIC 26% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
Equity is the year-end figure. On average equity over the two year-ends, ROE is 29.5% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 8.7× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 12.0 | 10.5 | 9.9 | 8.5 | 10.4 | 11.8 | 12.4 | 9.4 |
| Operating Income | 30.7 | 31.8 | 35.5 | 39.2 | 33.1 | 1.4 | 12.0 | 35.4 |
| Income Tax | 3.5 | 2.3 | 4.7 | 5.3 | 8.3 | 2.1 | 3.3 | 4.5 |
| Net Income | 8.8 | 11.9 | 14.1 | 21.7 | 13.9 | -16.8 | -10.6 | 14.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ECPG: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Leverage ratios is not shown for a bank.
Funded by deposits, so debt-weighted leverage and a WACC are not defined. Capital adequacy (CET1, LCR) is the right question and is not collected yet.
Classified from the filings: SIC code.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $156.8M covers the $21.3M due within a year 7.4× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Coverage is adequate but not comfortable.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Ranked against 14 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-06-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVE | $4.7B | 27.1× | 23.8× | 8.5× | 59.7% | — | 35.3% | 55.5% | 55.5% | -0.4× | 336 |
| ENVA | $4.4B | 15.4× | 11.4× | 1.4× | 18.6% | 58.1% | 9.8% | 23.1% | 5.3% | 5.7× | 406 |
| CIFR | $3.7B | — | — | 16.6× | 48.0% | 63.7% | -367% | -102% | -23.1% | — | 462 |
| GPGI | $3.6B | — | — | 60.4× | -85.8% | 48.1% | -227% | -55.9% | -55.9% | — | 192 |
| UPST | $2.3B | 52.4× | 51.4× | 2.2× | 64.0% | — | 5.1% | 6.7% | 2.0% | 17.4× | 366 |
| CLSK | $2.2B | — | 4.1× | 2.8× | 102% | 55.2% | 47.6% | 16.8% | 12.9% | 0.9× | 411 |
| ECPG | $2.2B | 9.3× | 3.0× | 1.2× | 34.4% | — | 14.5% | 26.3% | 26.3% | -0.2× | 272 |
| WLTH | $1.7B | — | — | 4.5× | 18.2% | 89.6% | -11.5% | -6.8% | -6.8% | — | 137 |
| PGY | $1.4B | 18.5× | 4.1× | 1.1× | 26.1% | 42.4% | 6.3% | 17.0% | 17.0% | -0.8× | — |
| KEEL | $1.4B | — | — | 6.2× | 72.0% | -8.2% | -124% | -50.8% | -23.1% | — | — |
| ATLC | $1.4B | 15.4× | 4.8× | 0.7× | 50.1% | 91.8% | 6.2% | 20.1% | 20.1% | -3.8× | 143 |
| JCAP | $1.2B | 3.6× | 9.0× | 1.9× | 41.5% | — | 30.6% | 39.5% | 8.4% | 5.4× | 107 |
| WD | $1.1B | 19.9× | — | 0.9× | 9.0% | — | 4.6% | 3.2% | 3.2% | — | 259 |
| PWP | $1.0B | 28.2× | 12.6× | 1.4× | -14.5% | — | 4.7% | -27.9% | -27.9% | -4.2× | 161 |
| RHLD | $889M | — | 6.0× | 1.9× | 9.9% | 56.3% | -1.3% | -91.1% | -3.1% | 0.1× | 120 |
Peers = companies sharing ECPG's sector (Short-Term Business Credit Institutions) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Cost of capital cannot be computed, so the spread is unknown.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | not reported | 21.7% | 6.9% |
| FY2017 | not reported | 28.3% | 7.3% |
| FY2018 | not reported | 30.7% | 8.8% |
| FY2019 | not reported | 31.8% | 11.9% |
| FY2020 | not reported | 35.5% | 14.1% |
| FY2021 | not reported | 39.2% | 21.7% |
| FY2022 | not reported | 33.1% | 13.9% |
| FY2023 | not reported | 1.4% | -16.9% |
| FY2024 | not reported | 12.0% | -10.6% |
| FY2025 | not reported | 35.4% | 14.5% |
Return on equity (26%) and return on invested capital (26%) are within a couple of points in FY2025, so the headline return is the operating return — there is no meaningful leverage effect to strip out.
No material counter-signal in the checked set: ROIC vs WACC spread, 5-year spread history, gross margin trend, operating margin trend, net margin against 3 years ago, revenue growth, ROIC ex-goodwill gap.
Missing from our data, so excluded from this answer: wacc.
Converts 0.94x of reported profit into cash — adequate, without much margin.
Reported free cash flow is $127M; after share-based compensation it is $109M. The difference is a real cost that the cash flow statement adds back.
Leverage is not measurable this way for a bank.
Ladder as of 2025-12-31 (10-K); cash from the 2025-12-31 balance sheet; FCF from FY2025.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
Funded by deposits, so debt-weighted leverage and a WACC are not defined. Capital adequacy (CET1, LCR) is the right question and is not collected yet.
Missing from our data, so excluded from this answer: capital adequacy metrics for this archetype.
At $101.68, free cash flow must compound 4.4%/yr for 10 years. It has done -7.69%/yr over 6 years.
| Fiscal year | FCF growth | Price requires |
|---|---|---|
| FY2020 | 35.7% | 4.4% |
| FY2021 | −3.1% | 4.4% |
| FY2022 | −35.7% | 4.4% |
| FY2023 | −26.1% | 4.4% |
| FY2024 | −0.8% | 4.4% |
| FY2025 | −0.2% | 4.4% |
The cost of capital could not be computed for this company, so the requirement is solved at the published 10% default — a different rate would move it materially.
| Step | Amount | Running total |
|---|---|---|
| Net income | $257M | $257M |
| Share-based comp | $18M | $275M |
| Other non-cash & working capital | −$122M | $153M |
| Operating cash flow | $153M | $153M |
| Capex | −$26M | $127M |
| Free cash flow | $127M | $127M |
| FCF after SBC | $109M | $109M |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2020 | 6.8% | not reported | not reported |
| FY2021 | 7.5% | not reported | not reported |
| FY2022 | -13.4% | not reported | not reported |
| FY2023 | -12.6% | not reported | not reported |
| FY2024 | 7.7% | not reported | not reported |
| FY2025 | 34.4% | not reported | not reported |
| Fiscal year | Accruals / assets |
|---|---|
| FY2019 | -1.6 percent |
| FY2020 | -2.1 percent |
| FY2021 | 1.0 percent |
| FY2022 | -0.4 percent |
| FY2023 | -7.8 percent |
| FY2024 | -6.2 percent |
| FY2025 | 1.9 percent |
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2025) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.