Atlanticus Holdings Corporation (ATLC) Key Metrics
ATLC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.40B
- Enterprise value
- $7.17B
- P/E (TTM)
- 12.0 10-yr median 6.8
- Forward P/E
- 7.9
- PEG ratio
- —
- Price / sales
- 1.9 10-yr median 1.3
- Price / book
- 2.0 10-yr median 2.8
- EV / EBITDA
- — 10-yr median 22.7
- Dividend yield
- —
- Beta
- 1.99
ATLC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsATLC valuation Price multiples at each fiscal year-end price.
ATLC returns How much profit the business earns on the capital it uses.
ATLC per-share figures Results divided by the shares outstanding at year-end.
ATLC financial health Debt, liquidity and how easily interest is covered.
ATLC efficiency & capital use Working capital cycle and where the cash goes.
ATLC valuation history
ATLC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ATLC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ATLC cash returned to shareholders
ATLC price vs earnings per share
ATLC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.28B | $1.05B | $730.2M | $507.7M | $1.49B | $495.1M | $137.6M | $51.0M | $33.5M | $39.6M |
| Enterprise value | $7.21B | $3.18B | $2.42B | $3.59B | $3.79B | $2.12B | $1.55B | $925.2M | $554.8M | $360.3M |
| P/E ratio | 10.5 | 9.4 | 7.1 | 3.7 | 8.4 | 5.3 | 5.2 | 6.5 | — | — |
| Price / sales | 1.8 | 2.3 | 2.0 | 1.4 | 3.3 | 1.3 | 0.3 | 0.3 | 0.3 | 0.5 |
| Price / book | 2.1 | 2.1 | 1.9 | 1.4 | 4.6 | 4.2 | 3.4 | — | — | 6.9 |
| Price / free cash flow | 2.0 | 2.2 | 1.6 | 1.5 | 7.3 | 2.3 | 1.4 | 1.2 | — | 1.0 |
| Price / operating cash flow | 2.0 | 2.2 | 1.6 | 1.5 | 7.0 | 2.3 | 1.4 | 1.2 | — | 1.0 |
| EV / sales | 10.2 | 6.9 | 6.6 | 9.6 | 8.3 | 5.4 | 3.8 | 4.8 | 5.5 | 4.7 |
| EV / EBITDA | 42.5 | 22.1 | 18.2 | 23.3 | 17.1 | 17.4 | 39.3 | 207.0 | — | — |
| EV / free cash flow | 11.4 | 6.8 | 5.3 | 10.5 | 18.4 | 10.0 | 15.6 | 22.3 | — | 9.3 |
| Earnings yield | 9.5% | 10.6% | 14.1% | 26.7% | 11.9% | 19.0% | 19.2% | 15.4% | −121.9% | −16.0% |
| Free cash flow yield | 49.3% | 44.6% | 62.4% | 67.2% | 13.8% | 42.8% | 72.5% | 81.4% | −80.3% | 97.7% |
| Dividend yield | 1.0% | 2.5% | 3.4% | 4.9% | 1.5% | 2.7% | 29.1% | 26.6% | 967.3% | 606.5% |
| Shareholder yield (dividends + buybacks) | 6.4% | 7.5% | 5.8% | 22.4% | 3.2% | 3.4% | 30.9% | 28.0% | 968.5% | 608.9% |
| Share price at fiscal year-end | $66.95 | $55.78 | $38.67 | $26.20 | $71.32 | $24.63 | $9.01 | $3.64 | $2.40 | $2.84 |
| Per share | ||||||||||
| Revenue per share | $36.72 | $24.44 | $19.37 | $19.32 | $21.72 | $19.49 | $26.70 | $13.73 | $7.20 | $5.45 |
| Earnings per share | $6.37 | $5.92 | $5.45 | $7.00 | $8.51 | $4.68 | $1.73 | $0.56 | −$2.93 | −$0.45 |
| Operating cash flow per share | $33.25 | $24.97 | $24.33 | $17.86 | $10.16 | $10.58 | $6.55 | $3.06 | −$1.90 | $2.80 |
| Free cash flow per share | $32.99 | $24.87 | $24.11 | $17.61 | $9.82 | $10.55 | $6.53 | $2.96 | −$1.93 | $2.77 |
| Cash per share | $32.37 | $19.97 | $17.97 | $19.87 | $19.60 | $8.86 | $8.87 | $4.36 | $2.99 | $5.49 |
| Book value per share | $31.72 | $26.22 | $20.90 | $18.84 | $15.67 | $5.80 | $2.64 | −$1.58 | −$2.59 | $0.41 |
| Tangible book value per share | $30.15 | $26.22 | $20.90 | $18.84 | $15.67 | $5.80 | $2.64 | −$1.58 | −$2.59 | $0.41 |
| Dividends per share | $0.65 | $1.37 | $1.32 | $1.28 | $1.04 | $0.67 | $2.62 | $0.97 | $23.22 | $17.23 |
| Capex per share | $0.26 | $0.10 | $0.21 | $0.25 | $0.34 | $0.04 | $0.02 | $0.10 | $0.03 | $0.03 |
| Debt per share | $340.99 | $133.25 | $107.31 | $179.14 | $129.46 | $89.86 | $101.40 | $66.80 | $40.40 | $28.50 |
| Shares outstanding | 19.2M | 18.8M | 18.9M | 19.4M | 20.9M | 20.1M | 15.3M | 14.0M | 13.9M | 13.9M |
| Change in shares outstanding | +2.1% | −0.4% | −2.5% | −7.3% | +4.0% | +31.6% | +9.1% | +0.4% | +0.0% | −0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 22.2% | 25.1% | 27.1% | 39.2% | 80.1% | 120.0% | 290.5% | — | — | −75.7% |
| Return on invested capital (ROIC) | 2.6% | 4.7% | 3.7% | 4.4% | 8.1% | 5.9% | 2.3% | 0.5% | −9.2% | −3.4% |
| Return on assets (ROA) | 2.2% | 3.7% | 4.0% | 6.3% | 11.3% | 8.8% | 3.5% | 1.6% | −10.3% | −2.0% |
| Return on tangible assets | 1.6% | 3.4% | 3.8% | 5.7% | 9.2% | 7.8% | 2.8% | 1.3% | −9.6% | −1.7% |
| Free cash flow margin | 89.8% | 101.8% | 124.5% | 91.1% | 45.2% | 54.1% | 24.4% | 21.6% | −26.8% | 50.9% |
| Income quality (OCF / net income) | 5.22 | 4.22 | 4.47 | 2.55 | 1.19 | 2.26 | 3.78 | 5.46 | — | — |
| Financial health | ||||||||||
| Total debt | $6.54B | $2.51B | $2.03B | $3.47B | $2.71B | $1.81B | $1.55B | $935.3M | $563.1M | $397.3M |
| Cash & short-term investments | $621.1M | $375.4M | $339.3M | $385.0M | $409.7M | $178.1M | $135.5M | $61.1M | $41.7M | $76.6M |
| Net debt | $5.92B | $2.13B | $1.69B | $3.09B | $2.30B | $1.63B | $1.41B | $874.2M | $521.4M | $320.7M |
| Debt / equity | 10.75 | 5.08 | 5.13 | 9.51 | 8.26 | 15.50 | 38.40 | — | — | 68.77 |
| Debt / assets | 0.86 | 0.77 | 0.75 | 1.45 | 1.39 | 1.50 | 1.65 | 1.61 | 1.32 | 1.09 |
| Net debt / EBITDA | 34.91 | 14.81 | 12.72 | 20.02 | 10.34 | 13.31 | 35.82 | 195.62 | — | — |
| Current ratio | 1.76 | 5.21 | 5.51 | 2.33 | 9.69 | 4.27 | 3.26 | 4.59 | 1.40 | 1.70 |
| Quick ratio | 1.76 | 5.21 | −0.72 | 2.08 | 65.10 | 43.11 | 36.07 | 3.25 | 1.12 | 1.20 |
| Interest coverage | 0.5 | 0.9 | 1.2 | 1.8 | 4.1 | 2.2 | 0.6 | 0.1 | -1.7 | -0.6 |
| Working capital | $330.8M | $303.3M | $277.7M | $2.34B | $367.4M | $136.4M | $93.9M | $379.9M | $98.9M | $129.5M |
| Invested capital | $6.53B | $2.62B | $2.08B | $3.45B | $2.62B | $1.74B | $1.45B | $852.1M | $485.2M | $326.5M |
| Tangible asset value | $573.6M | $489.4M | $392.4M | $365.0M | $327.5M | $116.5M | $40.3M | −$22.1M | −$36.1M | $5.8M |
| Net current asset value | −$6.25B | −$2.41B | −$1.97B | $2.08B | −$1.21B | −$912.6M | −$760.4M | −$119.1M | −$115.2M | −$42.7M |
| Graham number | $67.43 | $59.09 | $50.61 | $54.47 | $54.79 | $24.71 | $10.14 | — | — | — |
| Graham net-net per share | −$333.46 | −$127.97 | −$4.17 | $70.71 | −$11.53 | −$15.58 | −$18.77 | −$11.02 | −$11.19 | −$4.02 |
| Capital allocation | ||||||||||
| Dividends paid | $12.4M | $25.7M | $24.9M | $24.8M | $21.8M | $13.6M | $40.0M | $13.6M | $323.6M | $240.1M |
| Share buybacks (net) | $69.6M | $52.7M | $17.7M | $89.0M | $25.2M | $3.4M | $2.5M | $723,000 | $389,000 | $949,000 |
| Dividend payout ratio | 10.2% | 23.1% | 24.2% | 18.3% | 12.3% | 14.4% | 151.3% | 172.6% | — | — |
| Dividends + buybacks / free cash flow | 13.0% | 16.8% | 9.4% | 33.3% | 22.9% | 8.0% | 42.6% | 34.4% | — | 623.4% |
| Capex / revenue | 0.7% | 0.4% | 1.1% | 1.3% | 1.6% | 0.2% | 0.1% | 0.7% | 0.4% | 0.5% |
| Capex / operating cash flow | 0.8% | 0.4% | 0.9% | 1.4% | 3.3% | 0.4% | 0.3% | 3.2% | — | 0.9% |
| Capex / depreciation | 0.51 | 0.34 | 0.99 | 1.00 | 2.84 | 0.09 | 0.03 | 1.40 | 0.39 | 0.05 |
| Stock-based compensation / revenue | 0.6% | 0.8% | 1.0% | 1.1% | 0.7% | 0.3% | 0.4% | 0.7% | 1.5% | 1.9% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 26.0% | 23.1% | 26.3% | 28.2% | 20.0% | 16.4% | 15.4% | 18.5% | 35.7% | 38.1% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 2,991.4 | 3,203.1 | 1,901.6 | 1,594.0 | 880.1 | 692.7 | 989.6 | 916.9 |
| Days of inventory on hand | — | — | 1,337.1 | -4,194.3 | -7,986.7 | -2,805.9 | -746.9 | 281.0 | 309.5 | 573.5 |
| Days payables outstanding | 211.2 | 138.2 | 173.5 | 190.2 | 169.3 | 78.3 | 89.9 | 293.4 | 385.6 | 487.6 |
| Cash conversion cycle (days) | — | — | 4,155.0 | -1,181.4 | -6,254.4 | -1,290.2 | 43.3 | 680.4 | 913.5 | 1,002.8 |
| Receivables turnover | — | — | 0.12 | 0.11 | 0.19 | 0.23 | 0.41 | 0.53 | 0.37 | 0.40 |
| Payables turnover | 1.73 | 2.64 | 2.10 | 1.92 | 2.16 | 4.66 | 4.06 | 1.24 | 0.95 | 0.75 |
| Inventory turnover | — | — | 0.27 | — | — | — | — | 1.30 | 1.18 | 0.64 |
| Asset turnover | 0.13 | 0.15 | 0.14 | 0.17 | 0.29 | 0.37 | 0.54 | 0.38 | 0.25 | 0.24 |
| Average receivables | — | — | $3.00B | $3.29B | $2.36B | $1.71B | $983.4M | $364.8M | $272.3M | $190.7M |
| Average payables | $178.3M | $66.9M | $53.0M | $43.3M | $42.0M | $41.7M | $73.7M | $110.8M | $101.3M | $69.2M |
| Average inventory | — | — | $408.4M | −$955.0M | −$1.98B | −$1.49B | −$612.0M | $106.1M | $81.3M | $81.4M |
| Intangibles / total assets | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ATLC's annual financial statements (latest annual report filed March 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ATLC valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Atlanticus traded at 10.5 times earnings, against a 10-year median of 6.8. Based on the latest twelve months, the trailing P/E is 12.0 and the forward P/E is 7.9. Atlanticus earned a return on equity of 22.2% and a return on invested capital of 2.6% in fiscal 2025. It ended the year with $6.5 billion of debt and $621.1 million in cash and short-term investments, net debt of $5.9 billion. It returned $82.0 million to shareholders: $12.4 million in dividends and $69.6 million in share buybacks, 13% of free cash flow. The share count rose 37.7% from 13.9M to 19.2M over 9 years.
See the ATLC income statement, the ATLC chart for price history, or the ATLC stock overview for the latest quote and news.
ATLC key metrics FAQ
What is Atlanticus's P/E ratio?
Atlanticus's trailing P/E ratio is 12.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.9. At the end of fiscal 2025 it was 10.5, compared with a 10-year median of 6.8.
What is Atlanticus's EV/EBITDA?
Atlanticus's enterprise value was 42.5 times EBITDA at the end of fiscal 2025 (enterprise value $7.2 billion, EBITDA $169.6 million).
What is Atlanticus's return on equity?
Atlanticus's return on equity (ROE) was 22.2% in fiscal 2025: net income of $122.2 million on average shareholders' equity of $550.8 million.
What is Atlanticus's ROIC?
Atlanticus's return on invested capital was 2.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Atlanticus have?
Atlanticus had total debt of $6.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 10.75 and $5.9 billion of net debt (34.91 times EBITDA).
What is Atlanticus's dividend yield?
Atlanticus paid $12.4 million in dividends in fiscal 2025 ($0.65 per share), a payout ratio of 10.2%.
Does Atlanticus buy back its shares?
Yes. Atlanticus spent $69.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +2.1% over the year, to 19.2M..
What is Atlanticus's free cash flow yield?
Atlanticus generated $632.9 million of free cash flow in fiscal 2025, a free cash flow yield of 49.3% on its market value at year-end ($1.3 billion).
What is Atlanticus's current ratio?
Atlanticus's current ratio was 1.76 at the end of fiscal 2025: current assets were 1.76 times current liabilities.