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Rent-A-Center Inc (RCII)

Rent-A-Center Inc (RCII)
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Rent-A-Center, Inc. is the largest rent-to-own operator in the U.S., offering durable goods like consumer electronics, appliances, computers, furniture and accessories. Its products are offered under flexible rental-purchase agreements that typically allow the customer to obtain ownership of the merchandise on the conclusion of an agreed-upon rental period. Rent-A-Center Business segment operates through company-owned lease-to-own outlets across the U.S. & Puerto Rico and e-commerce platform, rentacenter.com. The company provides merchandise on an installment sales basis across some of its stores under the names Get It Now and Home Choice. Acima segment operates in the U.S. & Puerto Rico, and includes the operations of Acima and Preferred Lease virtual and staffed locations. Mexico segment comprises company-owned lease-to-own store locations in Mexico. Franchising segment's basic source of revenue comprises the sale of rental merchandise to its franchisees.
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 4,245,390 4,583,450 2,814,190 2,669,850 2,660,470
Sales Growth -7.38% +62.87% +5.41% +0.35% -1.56%
Net Income 12,360 134,940 208,120 173,550 8,490
Net Income Growth -90.84% -35.16% +19.92% +1,944.17% +27.67%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 2,763,620 2,993,330 1,750,980 1,582,800 1,396,920
Total Assets Growth -7.67% +70.95% +10.63% +13.31% -1.68%
Total Liabilities 2,238,470 2,480,050 1,158,900 1,123,840 1,110,400
Total Liabilities Growth -9.74% +114.00% +3.12% +1.21% -3.30%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 468,460 392,300 236,500 215,420 227,510
Operating Cash Flow Growth +19.41% +65.88% +9.79% -5.31% +105.84%
Net Cash Flow 35,810 -51,120 88,960 -84,900 82,420
Change in Net Cash Flow +170.05% -157.46% +204.78% -203.01% +467.45%
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