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FirstCash vs Suburban Propane Partners: revenue, profit, margins and growth compared

FirstCash brought in $3.7B of revenue in fiscal 2025, Suburban Propane Partners $1.4B in fiscal 2025. Revenue changed by +8.0% at FirstCash and +7.9% at Suburban Propane Partners on the year before, so FirstCash grew faster. FirstCash kept 9.0% of its revenue as net profit, Suburban Propane Partners 7.4%. Free cash flow was $531M at FirstCash and $114.3M at Suburban Propane Partners.

Side by side, latest fiscal year

FCFSSPH
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 27, 2025)
Revenue$3.7B$1.4B
Revenue growth+8.0%+7.9%
Net income$330.4M$106.6M
Net margin9.0%7.4%
Free cash flow$531M$114.3M
Free cash flow margin14.5%8.0%
Earnings per share (diluted)$7.42$1.62
Cash$125.2M$405K
Debt$2.2B$1.2B
Price to earnings29.310.3
Market value$9.4B$1.1B
Dividend yield0.74%n/a
Rank by revenue in sector#259 of 778 · Consumer discretionary#406 of 778 · Consumer discretionary

Over the years

Revenue
FCFS FY2018: $1.8BFCFS FY2019: $1.9BFCFS FY2020: $1.6BFCFS FY2021: $1.7BFCFS FY2022: $2.7BFCFS FY2023: $3.2BFCFS FY2024: $3.4BFCFS FY2025: $3.7BSPH FY2018: $1.3BSPH FY2019: $1.3BSPH FY2020: $1.1BSPH FY2021: $1.3BSPH FY2022: $1.5BSPH FY2023: $1.4BSPH FY2024: $1.3BSPH FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
FCFS $3.7BSPH $1.4B
Net income
FCFS FY2018: $153.2MFCFS FY2019: $164.6MFCFS FY2020: $106.6MFCFS FY2021: $124.9MFCFS FY2022: $253.5MFCFS FY2023: $219.3MFCFS FY2024: $258.8MFCFS FY2025: $330.4MSPH FY2018: $76.5MSPH FY2019: $68.6MSPH FY2020: $60.8MSPH FY2021: $122.8MSPH FY2022: $139.7MSPH FY2023: $123.8MSPH FY2024: $74.2MSPH FY2025: $106.6MFY18FY19FY20FY21FY22FY23FY24FY25
FCFS $330.4MSPH $106.6M
Net margin
FCFS FY2018: 8.6%FCFS FY2019: 8.8%FCFS FY2020: 6.5%FCFS FY2021: 7.4%FCFS FY2022: 9.3%FCFS FY2023: 7.0%FCFS FY2024: 7.6%FCFS FY2025: 9.0%SPH FY2018: 5.7%SPH FY2019: 5.4%SPH FY2020: 5.5%SPH FY2021: 9.5%SPH FY2022: 9.3%SPH FY2023: 8.7%SPH FY2024: 5.6%SPH FY2025: 7.4%FY18FY19FY20FY21FY22FY23FY24FY25
FCFS 9.0%SPH 7.4%
Revenue growth
FCFS FY2019: +4.7%FCFS FY2020: -12.5%FCFS FY2021: +4.1%FCFS FY2022: +60.6%FCFS FY2023: +15.5%FCFS FY2024: +7.5%FCFS FY2025: +8.0%SPH FY2019: -5.7%SPH FY2020: -12.6%SPH FY2021: +16.3%SPH FY2022: +16.5%SPH FY2023: -4.8%SPH FY2024: -7.1%SPH FY2025: +7.9%FY19FY20FY21FY22FY23FY24FY25
FCFS +8.0%SPH +7.9%
Free cash flow
FCFS FY2018: $207.8MFCFS FY2019: $187.3MFCFS FY2020: $184.7MFCFS FY2021: $181.3MFCFS FY2022: $433.7MFCFS FY2023: $356MFCFS FY2024: $471.7MFCFS FY2025: $531MSPH FY2018: $177.5MSPH FY2019: $191.8MSPH FY2020: $176.9MSPH FY2021: $196.7MSPH FY2022: $176.2MSPH FY2023: $180.3MSPH FY2024: $101.2MSPH FY2025: $114.3MFY18FY19FY20FY21FY22FY23FY24FY25
FCFS $531MSPH $114.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about FirstCash and Suburban Propane Partners

Which is bigger by revenue, FirstCash or Suburban Propane Partners?

FirstCash is bigger by revenue: $3.7B in fiscal 2025, against $1.4B for Suburban Propane Partners in fiscal 2025.

Which keeps more of its revenue as profit, FirstCash or Suburban Propane Partners?

FirstCash had a net margin of 9.0% in fiscal 2025; Suburban Propane Partners had 7.4% in fiscal 2025.

Which grew revenue faster, FirstCash or Suburban Propane Partners?

In their latest fiscal years revenue changed by +8.0% at FirstCash and +7.9% at Suburban Propane Partners.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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