World Acceptance Corporation

NasdaqGS WRLD

World Acceptance Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 20.05%

World Acceptance Corporation Return on Equity (ROE) is 20.05% for the Trailing 12 Months (TTM) ending September 30, 2024, a 36.32% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

World Acceptance Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 14.71%, a 248.06% change year over year.
World Acceptance Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 4.23%, a -80.84% change year over year.
World Acceptance Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 22.06%, a 86.33% change year over year.
World Acceptance Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 11.84%, a 10.82% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGS: WRLD

World Acceptance Corporation

CEO	Mr. Ravin Chad Prashad
IPO Date	Nov. 26, 1991
Location	United States
Headquarters	104 S. Main Street
Employees	2,872
Sector	Finance
Industries Banking & Lending Credit Cards & Payments

Description

World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services. In addition, the company markets and sells credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance in connection with its loans. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. As of March 31, 2022, it operated 1,167 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.

Key trends

Past 5 years