UPBOUND GROUP INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
UPBD$24.68+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Financial Statements Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share data) | 2024 | 2023 | 2022 |
| Revenues | |||
| Rentals and fees | $3,513,658 | $3,261,678 | $3,375,453 |
| Merchandise sales | 624,735 | 541,766 | 675,288 |
| Installment sales | 60,884 | 63,630 | 72,328 |
| Franchise merchandise sales | 88,125 | 95,054 | 91,350 |
| Royalty income and fees | 24,738 | 24,416 | 25,998 |
| Other | 8,424 | 5,869 | 4,975 |
| Total revenues | 4,320,564 | 3,992,413 | 4,245,392 |
| Cost of revenues | |||
| Cost of rentals and fees | 1,355,539 | 1,199,161 | 1,268,809 |
| Cost of merchandise sold | 773,937 | 652,894 | 779,789 |
| Cost of installment sales | 22,523 | 22,997 | 25,547 |
| Franchise cost of merchandise sold | 88,214 | 95,103 | 91,715 |
| Total cost of revenues | 2,240,213 | 1,970,155 | 2,165,860 |
| Gross profit | 2,080,351 | 2,022,258 | 2,079,532 |
| Operating expenses | |||
| Operating labor | 609,169 | 613,538 | 634,341 |
| Non-labor operating expenses | 811,635 | 775,919 | 821,821 |
| General and administrative expenses | 212,450 | 201,706 | 186,470 |
| Depreciation and amortization | 50,886 | 51,321 | 53,079 |
| Other gains and charges | 104,580 | 216,909 | 235,283 |
| Total operating expenses | 1,788,720 | 1,859,393 | 1,930,994 |
| Operating profit | 291,631 | 162,865 | 148,538 |
| Debt refinancing charges | 6,604 | — | — |
| Interest expense | 110,585 | 113,418 | 87,708 |
| Interest income | (3,099) | (3,420) | (641) |
| Earnings before income taxes | 177,541 | 52,867 | 61,471 |
| Income tax expense | 54,063 | 58,046 | 49,114 |
| Net earnings (loss) | $123,478 | $(5,179) | $12,357 |
| Basic earnings (loss) per common share | $2.26 | $(0.09) | $0.23 |
| Diluted earnings (loss) per common share | $2.21 | $(0.09) | $0.21 |
| Cash dividends declared per common share | $1.50 | $1.39 | $1.36 |
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