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Financial statements

Jefferson Capital, Inc. / DE financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Jefferson Capital, Inc. / DE files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue323433613
Operating expenses155210294
Operating income164220316
Interest expense48.177.2106
Other non-operating income-43.5-82.7-98.1
Pre-tax income121138218
Income tax9.058.6630.5
Net income to minority interests0.02
Net income112129188
EBITDA166223322
EPS, basic5.64
EPS, diluted5.64
Shares, basic (weighted)30
Shares, diluted (weighted)30
Dividend per share0.98

Balance sheet

FY2023FY2025FY2025
Cash and equivalents14.435.523.2
Property, plant and equipment2.271.7
Lease right-of-use assets4.453.66
Goodwill57.257.758
Intangible assets6.54
Total assets1,6542,087
Total liabilities1,2721,611
Total debt1,754
Paid-in capital-49.5
Retained earnings398523
Other comprehensive income-15.63.05
Shareholders' equity304383476
Total equity304383476
Total liabilities and equity1,6542,087
Shares outstanding058.3

Cash flow statement

FY2023FY2025FY2025
Net income112129188
Depreciation and amortization2.372.615.25
Stock-based compensation1017.2
Deferred income tax21.5
Change in receivables17.9-7.334.59
Change in payables937.225.5
Cash from operations120168269
Acquisitions-5.600
Cash from investing-403-542-402
Stock issued010
Dividends paid-30.6-36-63.5
Cash from financing290389150
Exchange rate effect-1.222.98-7.26
Net change in cash5.4517.69.31
Interest paid45.158.195.5
Income taxes paid9.058.678.43

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $19.46 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin45.8%Operating income / revenue.
EBITDA margin46.4%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin29.4%Pre-tax income / revenue.
Net margin23.5%Net income / revenue.
Operating cash flow margin33.5%Cash from operations / revenue.
Effective tax rate20.1%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)32.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)7.4%Net income / average total assets.
Return on invested capital (ROIC)53.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue5.2%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue0.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y41.5%Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y43.7%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y44.4%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y45.8%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y59.8%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y24.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y26.2%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets77.1%Total liabilities / total assets.
Interest coverage2.60xOperating income / interest expense.
Goodwill and intangibles / assets2.8%(Goodwill + intangible assets) / total assets.
Tangible book value$418.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.32xRevenue / average total assets.
Fixed asset turnover386xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted$2.79Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$11.88Revenue / diluted weighted shares.
Operating cash flow per share$3.98Cash from operations / diluted weighted shares.
Book value per share$8.29Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$7.29Tangible book value / shares outstanding.
Cash per share$0.36(Cash + short-term investments) / shares outstanding.
Payout ratio39.1%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$1.12BShare price x shares outstanding.
Enterprise value$1.10BMarket cap + total debt - cash - short-term investments.
P/E7.21xMarket cap / net income. Only when net income is positive.
P/S1.69xMarket cap / revenue.
P/B2.35xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.67xMarket cap / tangible book value, when positive.
P/OCF5.05xMarket cap / cash from operations, when positive.
EV/Sales1.66xEnterprise value / revenue.
EV/EBIT3.63xEnterprise value / operating income, when both are positive.
EV/EBITDA3.58xEnterprise value / EBITDA, when both are positive.
Earnings yield13.9%Net income / market cap (the inverse of P/E).
Dividend yield5.4%Dividends paid over the period / market cap.
Shareholder yield5.4%(Dividends paid + share buybacks) / market cap.
What was Jefferson Capital, Inc. / DE's revenue in fiscal 2025?

Jefferson Capital, Inc. / DE reported revenue of $613.3M for fiscal 2025, 41.5% higher than the year before.

Was Jefferson Capital, Inc. / DE profitable in fiscal 2025?

Yes. Net income was $188.0M, a net margin of 30.6%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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