Enova International Inc. (NYSE:ENVA) is a leading financial services company that provides online lending solutions to consumers and small businesses. The company operates through a variety of brands and offers a range of products, including installment loans, lines of credit, and receivables purchase agreements. Enova competes with other financial technology companies and traditional financial institutions in the lending space.
On October 23, 2025, Enova reported its earnings, showcasing a strong performance. The company achieved an earnings per share (EPS) of $3.36, surpassing the estimated EPS of $3.03. This represents a 37% increase in adjusted EPS compared to the previous year. Despite this, Enova's actual revenue of $802.7 million fell slightly short of the estimated $806.6 million.
Enova's third-quarter results highlight significant growth, with originations increasing by 22% and total revenue rising by 16% compared to the same period in 2024. The company's diluted earnings per share surged by 93% to $3.03. Enova's consolidated credit performance remained strong, with a net charge-off ratio of 8.5% and a net revenue margin of 57%.
The company maintained a stable credit outlook, with a consolidated 30+ day delinquency ratio of 7.2% and a consolidated portfolio fair value premium at 115%. Enova's liquidity position is robust, with $1.2 billion in cash, marketable securities, and available capacity on facilities as of September 30th. During the quarter, Enova repurchased shares worth $38 million.
Enova's financial metrics provide insight into its market valuation and financial health. The company's price-to-earnings (P/E) ratio is approximately 11.34, while the price-to-sales ratio is about 0.97. The enterprise value to sales ratio stands at 2.31, and the enterprise value to operating cash flow ratio is around 4.05. However, the debt-to-equity ratio is notably high at 3.23, and the current ratio is around 0.22, indicating potential liquidity concerns.
