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Apr 29, 2026·SEC
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PROG Holdings, Inc.(PRG)Earnings, Financials & Key Ratios
PRG•NYSE
$46.11
12.8× P/E·Price updated Jun 27, 2026
AboutPROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers lease-purchase solutions to customers for various merchandize in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets through point-of-sale and e-commerce retail partners, as well in-store, mobile, and online solutions. The Vive segment provides second-look and revolving credit products to customers that may not qualify for traditional prime lending through private label and Vive-branded credit cards. It offers lease-purchase solutions through approximately 24,000 third-party point-of-sale partner locations and e-commerce websites in 49 states and the District of Columbia. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.Show more
- Revenue$2.41B-2.2%
- EBITDA$1.85B+0.5%
- Net Income$147M-25.6%
- EPS (Diluted)3.59-20.8%
- Gross Margin32.98%-67.0%
- EBITDA Margin76.91%+2.8%
- Operating Margin9.89%+25.0%
- Net Margin6.09%-23.9%
- ROE21.02%-33.8%
PRG Price & Volume
PROG Holdings, Inc. (PRG) stock price & volume — 10-year historical chart
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Volatile Revenue Growth Masks Structural Margin Risks
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Regulatory and credit default
"PROG Holdings faces a complex outlook characterized by inconsistent revenue growth, which oscillated between an 8.6% expansion in 2026Q1 and a 7.8% contraction in 2025Q4. While the company maintains a significant liquidity buffer, the aggressive deployment of capital into lease merchandise and a surge in goodwill to $771.7 million in 2026Q1 raise concerns regarding asset quality and long-term earnings sustainability. Investors should monitor the impact of potential regulatory fee caps on the company's ability to maintain its current 13.0% operating margin."
Verdict Logic
while the stock trades at a forward P/E of 9.92, the persistent volatility in free cash flow and the reliance on aggressive working capital deployment to fund lease merchandise growth warrant a cautious approach.
PRG Growth Metrics
PROG Holdings, Inc. (PRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.74%
5 Years-0.61%
3 Years-2.48%
TTM0.45%
Profit CAGR
10 Years0.79%
5 Years-
3 Years14.14%
TTM-29.47%
EPS CAGR
10 Years6.8%
5 Years-
3 Years23.63%
TTM-25.2%
Return on Capital
10 Years13.44%
5 Years17.12%
3 Years16.02%
Last Year16.75%
PRG Recent Earnings
PROG Holdings, Inc. (PRG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$1.24+59.0%
$0.78
Rev
$743M+1.4%
$733M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$0.74+23.3%
$0.60
Rev
$575M-1.6%
$584M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.90+23.3%
$0.73
Rev
$595M+2.3%
$582M
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$1.02+29.1%
$0.79
Rev
$605M+2.8%
$588M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.24vs $0.78+59.0% | $743Mvs $733M+1.4% |
| Q1 2026 | Feb 18, 2026 | $0.74vs $0.60+23.3% | $575Mvs $584M-1.6% |
| Q4 2025 | Oct 22, 2025 | $0.90vs $0.73+23.3% | $595Mvs $582M+2.3% |
| Q3 2025 | Jul 23, 2025 | $1.02vs $0.79+29.1% | $605Mvs $588M+2.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for PROG Holdings, Inc. (PRG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $46.11 | $1.85B | 12.84 | -2.2% | 6.09% | 21.02% | 1.1% | |
| $20.44 | $1.19B | 16.35 | 8.67% | 1.78% | 12.1% | — | |
| $213.77 | $991.96M | 31.07 | 3.7% | 5.98% | 9.36% | — | |
| $32.52 | $1.9B | 22.90 | 9.7% | 9.93% | 13.87% | — | |
| $79.49 | $26.48B | 529.93 | 38.8% | 11.95% | 11.17% | — | |
| $170.56 | $5.74B | 45.85 | 66.08% | 30.83% | 90.93% | — |
Compare PRG vs Peers
PROG Holdings, Inc. (PRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PRG SEC Filings & Documents
PROG Holdings, Inc. (PRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
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PRG Frequently Asked Questions
PROG Holdings, Inc. (PRG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is PROG Holdings, Inc.'s revenue?
PROG Holdings, Inc. (PRG) reported $2.52B in revenue for fiscal year 2025. This represents a 818% increase from $274.2M in 1996.
How fast is PROG Holdings, Inc. growing?
PROG Holdings, Inc. (PRG) saw revenue decline by 2.2% over the past year.
Is PRG profitable?
Yes, PROG Holdings, Inc. (PRG) is profitable, generating $148.1M in net income for fiscal year 2025 (6.1% net margin).
Dividend & Returns
Does PRG pay dividends?
Yes, PROG Holdings, Inc. (PRG) pays a dividend with a yield of 1.10%. This makes it attractive for income-focused investors.
What is PRG's return on equity?
PROG Holdings, Inc. (PRG) has a return on equity (ROE) of 21.0%. This is excellent, indicating efficient use of shareholder capital.
What is PROG Holdings, Inc.'s free cash flow?
PROG Holdings, Inc. (PRG) generated $285.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.