Consumer Portfolio Services Inc
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
Whoever buys today is betting that refinancing rates keep falling, that charge-offs stay below 8 percent and that the discount to book value closes — with the risk that the next recession always hits sub-prime auto loans first. Whoever waits checks three spots in every quarterly report (10-Q): the net charge-off rate (does it stay below 8 percent?), the rate on the latest securitization (does the decline below 5.5 percent continue?) and the mark line in the revenue table (do earnings stay free of fair value write-ups?). The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
CPSS is not a cash-flow miracle but a highly leveraged sub-prime specialist with an honest price tag: for a lender, the FCF/market-cap scanner metric measures the throughput of the machine, not free money — what is real is two thirds of book value, fourteen profitable years and a rate cycle turning from headwind to tailwind, set against 7.8 percent charge-offs, nearly twelvefold leverage and a refinancing assembly line that presumes open capital markets. Whoever buys the stock buys the package — not the metric. Not investment advice.
Business model & track record
In sub-prime auto finance since 1991, $24.7 billion of loans purchased, 107 securitizations since 1994, fourteen consecutive profitable fiscal years (2012 through 2025) and 34 years of management continuity — the portfolio has grown 73 percent since the end of 2021 to $3.9 billion (10-K 2025).
The scanner metric FCF/market cap
The roughly 143 percent "FCF yield" (data as of July 8, 2026) is a mismeasurement of the business model: $289.0 million of operating cash flow (2025) stands against $1,639.0 million of loan purchases in investing cash flow and $335.9 million of fresh net financing; unrestricted cash as of March 31, 2026: $6.9 million (10-K 2025, 10-Q Q1 2026).
Earnings & the rate turn
Net income compressed from $86.0 million to $19.3 million (2022 through 2025) as interest expense exploded to $232.0 million — but refinancing has been getting cheaper since 2024 (April 2026: 5.51 percent after 8.48 percent in October 2022), and Q1 2026 delivered a 26 percent EPS gain without any fair value write-up.
Credit quality & leverage
Net charge-offs of 7.8 percent and trending up, 14.8 percent of the book past due or in repossession, about 45 percent of the portfolio deferred at least once — on $3.67 billion of debt against $314 million of equity (roughly 11.7 times) and a model that needs four open securitization windows a year (10-K 2025, 10-Q Q1 2026).
Valuation & capital allocation
Roughly 0.66 times book value and 12 times 2025 earnings (data as of July 8, 2026) are a real discount, and buybacks below book (942,550 shares at an average of $9.20) create value per share — tarnished by repurchases directly from the CEO and a director without pre-approval (subsequently ratified) and a 2025 say-on-pay approval of only 62 percent (10-K 2025, Item 13).
Worth Noting
CPSS reached our research list via rank 14 in the in-house FCF/market-cap scanner (as of July 18, 2026; scanner data as of July 8, 2026) — the analysis deliberately shows why this metric does not work as a buy signal for loan-book businesses such as banks and consumer lenders.
Financials caveat: for lenders, operating and "free" cash flow are not measures of distributable money, because loan purchases run through investing cash flow and are debt-financed; what matters are earnings, book value, charge-off rates and refinancing costs.
Price and valuation figures dated July 8, 2026 (about $9.50 per share, about $210 million market cap); analyses are evergreen, daily prices are not a buy argument.
Stock Watch
This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at CPSS since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 7.30 $ to 10.30 $ · Last price: 9.60 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Credit Services
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Consumer Portfolio Services Inc CPSS | 0.2 | – | 0.0 | 100.0 | – | 8.8 | 19.6 |
| Visa Inc. Class A V | 699.4 | 33.2 | 24.3 | 97.7 | 67.4 | 11.3 | 7.7 |
| Mastercard Inc MA | 500.7 | 33.9 | 23.1 | 100.0 | 60.8 | 16.4 | -4.9 |
| American Express Company AXP | 213.1 | 19.5 | 0.0 | 62.3 | 21.3 | 8.4 | -6.4 |
| Capital One Financial Corporation COF | 124.4 | 62.2 | 0.0 | 100.0 | 28.6 | 28.4 | -9.1 |
| PayPal Holdings Inc PYPL | 45.7 | 10.1 | 6.6 | 40.5 | 17.0 | 4.3 | -20.3 |
| Synchrony Financial SYF | 25.3 | 7.7 | 0.0 | 100.0 | 48.0 | -7.9 | 2.1 |
| Affirm Holdings Inc AFRM | 23.7 | 63.7 | 25.7 | 48.9 | 8.5 | 38.8 | -22.3 |
| SoFi Technologies Inc. SOFI | 21.0 | 35.7 | 0.0 | 83.7 | 18.3 | 82.6 | -38.4 |
| Median of companies shown | 45.7 | 33.5 | 0.0 | 97.7 | 24.9 | 11.3 | -6.4 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 422 | 50 | 29 | 1.01 | 196 | 186 | 2,410 |
| 2017 | 434 | 32 | 4 | 0.14 | 216 | 184 | 2,425 |
| 2018 | 390 | 19 | 15 | 0.59 | 216 | 197 | 2,486 |
| 2019 | 346 | 9 | 5 | 0.22 | 217 | 203 | 2,539 |
| 2020 | 271 | 20 | 22 | 0.90 | 239 | 133 | 2,150 |
| 2021 | 268 | 66 | 48 | 1.84 | 198 | 170 | 2,163 |
| 2022 | 330 | 116 | 86 | 3.23 | 216 | 228 | 2,756 |
| 2023 | 352 | 61 | 45 | 1.80 | 238 | 275 | 2,906 |
| 2024 | 394 | 27 | 19 | 0.79 | 234 | 293 | 3,501 |
| 2025 | 428 | 260 | 19 | 0.80 | 289 | 310 | 3,858 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.24 | -28.40 | 105 | 14.50 | 4.90 | 68 | 68 |
| 2025: Q1 | 0.22 | 2.30 | 107 | 16.50 | 4.40 | 74 | 73 |
| 2025: Q2 | 0.22 | 2.70 | 110 | 14.50 | 4.40 | 55 | 54 |
| 2025: Q3 | 0.22 | 1.20 | 108 | 7.80 | 4.50 | 85 | 85 |
| 2025: Q4 | 0.23 | -3.20 | 109 | 3.90 | 4.60 | 76 | 76 |
| 2026: Q1 | 0.26 | 18.00 | 112 | 5.10 | 4.90 | 84 | 83 |
| 2026: Q2 | 0.27 | 22.70 | 121 | 10.60 | 5.10 | 106 | 106 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 8 of our scanner strategies — each hit links to the scanner.
Backtested Scanners
Quality & Balance Sheet
Momentum & Trend
Research
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1.45 | 1.45 – 1.45 | 0 | 81.3% | 1 |
| 12/31/2027 | – | – | 0 | – | – |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
With these assumptions (discount rate 10.0%, terminal growth 2.5%), no growth rate between -20.0% and 60.0% per year explains today’s market value — the reverse calculation yields no meaningful figure here.
| Free cash flow (last twelve months) | $350.4M |
|---|---|
| Market cap | $209.0M |
| Free cash flow in year ten | – |
| Terminal value as a share of market value | – |
For comparison: over the past five years free cash flow grew by 3.8% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Consumer Portfolio Services erklärt im 10-K für 2025 erstmals ausdrücklich, KI in Teilen des Geschäftsbetriebs einzusetzen (u. a. Kundenservice, Kreditverwaltung/Servicing, Datenanalyse, Compliance-Überwachung) — KI ist keine Umsatzquelle; der neue Risikofaktor behandelt Umsetzungs-, Anbieter- und Regulierungsrisiken des eigenen KI-Einsatzes, keine konkrete Bedrohung des Geschäftsmodells durch KI.
View the full file — quotes, sources, reviewed filings
„We use artificial intelligence (“AI”) in certain aspects of our business operations, and we or our third-party service providers may expand the use of these technologies in the future. AI may be used to support functions such as customer service, servicing operations, data analysis, compliance monitoring, and other processes related to our auto finance activities."
Wir setzen künstliche Intelligenz („KI“) in bestimmten Bereichen unseres Geschäftsbetriebs ein, und wir oder unsere externen Dienstleister könnten den Einsatz dieser Technologien künftig ausweiten. KI kann zur Unterstützung von Funktionen wie Kundenservice, Kreditverwaltung, Datenanalyse, Compliance-Überwachung und anderen Prozessen im Zusammenhang mit unserem Autofinanzierungsgeschäft eingesetzt werden.
10-K · 2026-03-16 · View SEC filing
„If we are unable to effectively manage the risks associated with the use of AI, including operational, regulatory, data security, or reputational risks, our business, financial condition, and results of operations could be adversely affected."
Wenn es uns nicht gelingt, die mit dem Einsatz von KI verbundenen Risiken — einschließlich operativer, regulatorischer, datensicherheitsbezogener oder reputationsbezogener Risiken — wirksam zu steuern, könnten sich unser Geschäft, unsere Finanzlage und unsere Ertragslage nachteilig entwickeln.
10-K · 2026-03-16 · View SEC filing
Rated on July 18, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 9.1%
- More than 10% revenue growth is expected for the coming year no data
- Share count grows by less than 3% a year -3.3%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 76.1%
- Gross margin at 40% or higher and without meaningful erosion 99.6%
- Goodwill from acquisitions does not grow faster than revenue 0.0%
- Net debt below twice EBITDA 13.5 x EBITDA
- Operating cash flow covers the profits of the last three years 677 m
- Return on capital at 15% or higher, or up versus two years ago 6.8%
- Insiders hold at least 10% or are net buyers 33.4%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
4/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 0.1%
- Exp. sales growth 3Y > 5% -100.0%
- EBIT growth 10Y > 5% 20.2%
- Exp. EBIT growth 3Y > 5% 80.7%
- Net debt < 4x EBIT 13.5x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 81.6%
- Return on equity > 15% 6.2%
- ROCE > 15% 6.8%
- Expected return > 10% 329.9%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Jackson Noel | Sr. Vice President | Sell | 7,500 | 9.31 | 69,825 |
| Sep 1, 2026 | Jackson Noel | Sr. Vice President | Other | 7,500 | 2.47 | 18,525 |
| Aug 26, 2026 | Bradley Charles E Jr | CEO | Sell | 125,000 | 9.46 | 1,182,500 |
| Aug 12, 2026 | Ralston Catrina Marie | Sr. Vice President | Sell | 3,617 | 9.50 | 34,362 |
| Aug 10, 2026 | Ralston Catrina Marie | Sr. Vice President | Sell | 916 | 9.50 | 8,702 |
| Aug 7, 2026 | Ralston Catrina Marie | Sr. Vice President | Sell | 467 | 9.50 | 4,437 |
| Aug 6, 2026 | Lavin Michael T. | President | Other | 99,304 | 0.00 | – |
| Aug 6, 2026 | Lavin Michael T. | President | Other | 36,525 | 9.57 | 349,544 |
| Aug 6, 2026 | Lavin Michael T. | President | Other | 61,353 | 3.53 | 216,576 |
| Aug 6, 2026 | Lavin Michael T. | President | Other | 28,647 | 3.53 | 101,124 |
The company
About the Company
Consumer Portfolio Services, Inc. ist ein Spezialfinanzierer in den USA.
- Employees
- 994
- Headquarters
- Las Vegas, NV
- Address
- 3800 Howard Hughes Parkway, 89169 Las Vegas, United States
- Phone
- 949 753 6800
- Website
- consumerportfolio.com
- IPO Date
- 10/22/1992
- ISIN
- US2105021008
- Stock Split
- 2:1 on 03/15/1996
Management
| Name | Title | Birth Year |
|---|---|---|
| Charles E. Bradley Jr. | CEO & Chairman | 1960 |
| Michael T. Lavin | President, COO & Chief Legal Officer | 1973 |
| Denesh Bharwani | CFO & Executive VP | 1968 |
| Brian J. Rayhill | Secretary & Independent Director | 1963 |
| Teri L. Robinson | Executive Vice President of Sales & Originations | 1963 |
| Catrina Ralston | Senior Vice President of Human Resources | 1977 |
| Robert E. Riedl | Senior EVP & Chief Risk Officer | 1963 |
| Christopher Terry | Executive Vice President of Systems, Risk & IT | 1968 |
| Steve Schween | Senior Vice President of Systems | 1964 |
| Charles E. Gonel | Senior Vice President of Servicing | 1981 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 08/25/2026 CONSUMER PORTFOLIO SERVICES, INC. (CPSS): Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 08/21/2026 CONSUMER PORTFOLIO SERVICES, INC. (CPSS): Other Events; Financial Statements and Exhibits SEC ↗
- 08/04/2026 CONSUMER PORTFOLIO SERVICES, INC. (CPSS): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
- 07/24/2026 CONSUMER PORTFOLIO SERVICES, INC. (CPSS): Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits SEC ↗
- 07/14/2026 CONSUMER PORTFOLIO SERVICES, INC. (CPSS): Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.