ENCORE CAPITAL GROUP INC

ECPG · Short-Term Business Credit Institutions · 21.4M shares · -7%/yr ↓ buyback · EDGAR filings ↗

Reference price $80.51 · est. market cap ~$1.7B — last insider sale, 2026-06-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B76

Market-leading debt-purchasing specialty finance company with top-decile margins and solid returns but flat growth and heavy regulatory exposure.

Strengths

Top-decile profitability: operating margin 94.8th pct, EBITDA margin 91.7th, net margin 77.9th, with ROA at 73.7th
Scaled leader (MCM/Cabot) generating positive FCF (67th pct) from proprietary portfolio-pricing models

Risks

Revenue essentially flat (51st pct), and returns depend on availability/pricing of charged-off portfolios
Intense bidding competition plus pervasive CFPB/state collection regulation and prior consent-order history

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Strong balance sheetStrong balance sheet — $157M cash & investments
Buying back stockNet buyback — share count -7%/yr over 4y
Insider sellingInsider selling — 11 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$2M, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $442M2025-09-30 · $460M2025-12-31 · $474M2026-03-31 · $475M

Last 4 quarters · from SEC filings.

Key metrics

Operating margin

35.4%

Net margin

14.5%

Return on assets

4.8%

Revenue growth (QoQ)

0.4%

Free cash flow

$127M

EBITDA

$655M

Cash & investments

$157M

Stock comp / revenue

1.0%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-22	Angela A. Knight	Grant	2.1K	$83.95
2026-06-22	Hilzinger Jeffrey Albert	Grant	2.1K	$83.95
2026-06-22	Goings William C.	Grant	2.1K	$83.95
2026-06-22	OLLE LAURA	Grant	2.1K	—
2026-06-22	Gupta Ashwini	Grant	2.1K	$83.95
2026-06-22	MONACO MICHAEL P	Grant	2.1K	$83.95
2026-06-22	Stovsky Richard P	Grant	2.1K	$83.95
2026-06-11	Yung John	Sell	2.0K	$80.51
2026-06-10	Asch Andrew Eric	Sell	774	$82.08
2026-06-10	Yung John	Sell	2.0K	$82.08
2026-06-09	Asch Andrew Eric	Sell	6.9K	$81.52
2026-06-09	Asch Andrew Eric	Sell	833	$80.51
2026-06-09	Asch Andrew Eric	Sell	556	$82.31
2026-06-01	Gupta Ashwini	Grant	340	$78.56
2026-03-09	Bell Ryan B	Grant	5.1K	—
2026-03-09	Bell Ryan B	Tax withheld	7.9K	$68.19
2026-03-09	Asch Andrew Eric	Grant	5.7K	—
2026-03-09	Asch Andrew Eric	Grant	1.9K	—
2026-03-09	Asch Andrew Eric	Grant	2.9K	—
2026-03-09	Asch Andrew Eric	Tax withheld	4.1K	$68.19
2026-03-09	Hernanz Tomas Cruz	Grant	8.1K	—
2026-03-09	Hernanz Tomas Cruz	Grant	4.4K	—
2026-03-09	Hernanz Tomas Cruz	Tax withheld	4.1K	$68.19
2026-03-09	Masih Ashish	Grant	31K	—
2026-03-09	Masih Ashish	Grant	14K	—
2026-03-09	Masih Ashish	Grant	16K	—
2026-03-09	Masih Ashish	Tax withheld	26K	$68.19
2026-03-09	Yung John	Grant	8.4K	—
2026-03-09	Yung John	Grant	2.3K	—
2026-03-09	Yung John	Grant	4.9K	—
2026-03-09	Yung John	Tax withheld	5.7K	$68.19
2026-03-09	Bell Ryan B	Grant	9.2K	—
2026-03-09	Bell Ryan B	Grant	4.1K	—
2026-03-03	Bell Ryan B	Sell	260	$68.62
2026-03-02	Bell Ryan B	Sell	3.6K	$69.44
2026-03-02	Bell Ryan B	Sell	1.5K	$70.07
2026-03-02	Bell Ryan B	Sell	1.5K	$68.12
2026-03-02	Bell Ryan B	Sell	671	$66.69
2026-03-01	Gupta Ashwini	Grant	347	$68.29
2025-12-10	Bell Ryan B	Sell	2.5K	$55.00
2025-12-03	OLLE LAURA	Sell	1.4K	$52.79
2025-12-01	Gupta Ashwini	Grant	448	$52.95
2025-11-26	Yung John	Sell	1.0K	$52.00
2025-11-06	Bell Ryan B	Sell	5.0K	$50.00
2025-11-06	Yung John	Sell	5.0K	$50.00
2025-09-01	Gupta Ashwini	Grant	657	$41.84
2025-06-13	Stovsky Richard P	Grant	4.1K	$38.12
2025-06-13	OLLE LAURA	Grant	4.1K	—
2025-06-13	MONACO MICHAEL P	Grant	4.1K	$38.12
2025-06-13	Angela A. Knight	Grant	4.1K	$38.12
2025-06-13	Hilzinger Jeffrey Albert	Grant	4.1K	$38.12
2025-06-13	Hannam Wendy	Grant	4.1K	$38.12
2025-06-13	Gupta Ashwini	Grant	4.1K	$38.12
2025-06-13	Goings William C.	Grant	4.1K	$38.12
2025-06-01	Gupta Ashwini	Grant	725	$37.90
2025-03-09	Asch Andrew Eric	Grant	8.7K	—
2025-03-09	Asch Andrew Eric	Tax withheld	2.6K	$35.74
2025-03-09	Yung John	Grant	15K	—
2025-03-09	Yung John	Tax withheld	3.3K	$35.74
2025-03-09	Bell Ryan B	Grant	15K	—
2025-03-09	Bell Ryan B	Tax withheld	4.2K	$35.74
2025-03-09	CLARK JONATHAN C	Tax withheld	5.1K	$35.74
2025-03-09	Masih Ashish	Grant	47K	—
2025-03-09	Masih Ashish	Tax withheld	14K	$35.74
2025-03-05	CLARK JONATHAN C	Buy	29K	$35.00
2025-03-05	Gupta Ashwini	Buy	40K	$35.10
2025-03-05	Masih Ashish	Buy	20K	$35.14
2025-03-01	Gupta Ashwini	Grant	729	$37.72

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-06-16	Exec/director change5.03Shareholder voteExhibits	filing ↗
2026-05-29	Material agreementDebt obligationExhibits	filing ↗
2026-05-26	Material agreementDebt obligationExhibits	filing ↗
2026-05-14	OtherExhibits	filing ↗
2026-05-12	OtherExhibits	filing ↗
2026-05-06	ResultsExhibits	filing ↗
2026-03-20	Exec/director change5.03Exhibits	filing ↗
2026-02-25	ResultsExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-06-16	2026-06-12	0001084961-26-000050 ↗
8-K	2026-05-29	2026-05-28	0001084961-26-000048 ↗
8-K	2026-05-26	2026-05-22	0001084961-26-000046 ↗
8-K	2026-05-14	2026-05-12	0001084961-26-000044 ↗
8-K	2026-05-12	2026-05-11	0001084961-26-000041 ↗
10-Q	2026-05-06	2026-03-31	0001084961-26-000039 ↗
8-K	2026-05-06	2026-05-06	0001084961-26-000038 ↗
8-K	2026-03-20	2026-03-18	0001084961-26-000023 ↗
8-K	2026-02-25	2026-02-25	0001084961-26-000007 ↗
10-K	2026-02-25	2025-12-31	0001084961-26-000009 ↗
8-K	2025-11-05	2025-11-05	0001084961-25-000115 ↗
10-Q	2025-11-05	2025-09-30	0001084961-25-000116 ↗