PRG · Prog Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $742.67M | - | $595.11M | $604.66M | $684.09M | - | $606.14M | $592.16M | $641.87M | - |
| Cost of Revenue | $0 | - | - | - | - | - | - | - | - | - |
| Gross Profit | $742.67M | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $132.18M | - | $89.70M | $86.48M | $90.26M | - | - | - | - | - |
| Total Operating Expenses | $689.53M | - | $541.58M | $543.94M | $627.77M | - | $556.91M | $536.48M | $602.05M | - |
| D&A | $14.15M | - | $6.26M | $6.50M | $8.02M | - | - | - | - | - |
| Operating Income | $65.31M | - | $53.53M | $60.72M | $56.32M | - | $49.23M | $55.68M | $39.82M | - |
| Interest Expense | $18.39M | - | $12.39M | $9.99M | $9.68M | - | - | - | - | - |
| Income Tax | $11.35M | - | $12.53M | $14.09M | $12.51M | - | ($42.12M) | $14.56M | $9.60M | - |
| Net Income | $36.05M | - | $33.12M | $38.48M | $34.72M | - | $83.96M | $33.77M | $21.97M | - |
| EPS - Basic | $0.91 | - | $0.83 | $0.96 | $0.85 | - | $1.99 | $0.79 | $0.50 | - |
| EPS - Diluted | $0.89 | - | $0.82 | $0.95 | $0.83 | - | $1.94 | $0.77 | $0.49 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $69.39M | $308.77M | $292.61M | $222.03M | $213.30M | $95.66M | $221.73M | $250.13M | $252.83M | $155.42M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $0 | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.04B | $1.61B | $1.55B | $1.45B | $1.47B | $1.51B | $1.45B | $1.46B | $1.46B | $1.49B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $936.12M | $594.86M | - | - | - | $643.56M | - | - | - | $592.26M |
| Total Liabilities | $1.27B | $863.99M | $843.04M | $785.92M | $815.47M | $863.49M | $815.53M | $878.85M | $876.58M | $899.92M |
| Stockholders' Equity | $774.36M | $746.42M | $703.56M | $668.67M | $654.45M | $650.28M | $630.81M | $581.85M | $585.09M | $591.33M |
| Retained Earnings | $1.62B | $1.59B | $1.56B | $1.53B | $1.50B | $1.47B | $1.42B | $1.34B | $1.31B | $1.29B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $171.70M | - | - | - | $209.93M | - | - | - | $135.73M | - |
| Investing Cash Flow | ($385.87M) | - | - | - | ($4.09M) | - | - | - | ($3.60M) | - |
| Financing Cash Flow | ($15.10M) | - | - | - | ($88.19M) | - | - | - | ($34.73M) | - |
| CapEx | $3.15M | - | - | - | $1.96M | - | - | - | $2.10M | - |
| Free Cash Flow | $168.55M | - | - | - | $207.97M | - | - | - | $133.64M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 100.0% | - | - | - | - | - | - | - | - | - |
| Operating margin | 8.8% | - | 9.0% | 10.0% | 8.2% | - | 8.1% | 9.4% | 6.2% | - |
| EBITDA margin | 10.7% | - | 10.0% | 11.1% | 9.4% | - | - | - | - | - |
| Net margin | 4.9% | - | 5.6% | 6.4% | 5.1% | - | 13.9% | 5.7% | 3.4% | - |
| Free cash flow margin | 22.7% | - | - | - | 30.4% | - | - | - | 20.8% | - |
| FCF / Net income | 4.67 | - | - | - | 5.99 | - | - | - | 6.08 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 17.8% | - | 15.1% | 14.3% | 13.2% | - | - | - | - | - |
| Effective tax rate | 23.9% | - | 27.4% | 26.8% | 26.5% | - | -100.6% | 30.1% | 30.4% | - |
| Return on assets | 1.8% | - | 2.1% | 2.6% | 2.4% | - | 5.8% | 2.3% | 1.5% | - |
| Return on equity | 4.7% | - | 4.7% | 5.8% | 5.3% | - | 13.3% | 5.8% | 3.8% | - |
| Return on invested capital | 2.9% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.21 | 0.80 | - | - | - | 0.99 | - | - | - | 1.00 |
| Debt / Assets | 0.46 | 0.37 | - | - | - | 0.43 | - | - | - | 0.40 |
| Debt / EBITDA | 11.78 | - | - | - | - | - | - | - | - | - |
| Interest coverage | 3.6x | - | 4.3x | 6.1x | 5.8x | - | - | - | - | - |
| Equity multiplier | 2.64 | 2.16 | 2.20 | 2.18 | 2.25 | 2.33 | 2.29 | 2.51 | 2.50 | 2.52 |
| Liabilities / Assets | 0.62 | 0.54 | 0.55 | 0.54 | 0.55 | 0.57 | 0.56 | 0.60 | 0.60 | 0.60 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.38 | 0.42 | 0.47 | - | 0.42 | 0.41 | 0.44 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 32.2x | - | 39.5x | 30.9x | 32.0x | - | 25.0x | 45.0x | 70.3x | - |
| P / B | 1.5x | - | 1.9x | 1.8x | 1.7x | - | 3.3x | 2.6x | 2.6x | - |
| P / S | 1.6x | - | 2.2x | 2.0x | 1.6x | - | 3.5x | 2.6x | 2.4x | - |
| EV / EBITDA | 25.6x | - | 17.0x | 14.4x | 14.0x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.6% | - | -1.8% | 2.1% | 6.6% | - | 4.0% | -0.1% | -2.0% | - |
| Revenue CAGR (3y) | 4.3% | - | -1.7% | -2.4% | -1.3% | - | -2.3% | -3.5% | -3.8% | - |
| Revenue CAGR (5y) | 0.6% | - | -9.2% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 16.0% | - | 8.7% | 9.1% | 41.4% | - | -10.3% | -6.1% | -47.7% | - |
| Net income growth (YoY) | 3.8% | - | -60.6% | 13.9% | 58.1% | - | 139.8% | -9.3% | -54.3% | - |
| EPS growth (YoY) | 7.2% | - | -57.7% | 23.4% | 69.4% | - | 155.3% | -2.5% | -51.0% | - |
| EPS CAGR (3y) | -3.8% | - | 36.8% | 36.9% | 19.2% | - | 31.1% | -8.9% | -25.0% | - |
| EPS CAGR (5y) | -5.2% | - | 7.2% | - | - | - | - | - | - | - |
| FCF growth (YoY) | -19.0% | - | - | - | 55.6% | - | - | - | -14.2% | - |
| FCF CAGR (5y) | -3.8% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 18.3% | 14.8% | 11.5% | 14.9% | 11.9% | 10.0% | 5.5% | -2.0% | 0.1% | 3.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.40B totalProgressive Leasing Segment$2.32B · 96.9%
Four Segment$73.72M · 3.1%
Product / service
$2.41B totalLease Revenuesand Fees$2.32B · 96.4%
Other Revenues$86.47M · 3.6%
Peer comparison
Same SIC group: Services-Equipment Rental & Leasing, NEC
Comparing PROG Holdings against the 5 most active filers in the same SIC group.
Dividends
$0.54/share trailing 12 months · +8.0% YoY
| Ex-date | Per share |
|---|---|
| May 19, 2026 | $0.1400 |
| Mar 12, 2026 | $0.1400 |
| Nov 18, 2025 | $0.1300 |
| Aug 19, 2025 | $0.1300 |
| May 20, 2025 | $0.1300 |
| Mar 13, 2025 | $0.1300 |
| Nov 19, 2024 | $0.1200 |
| Aug 20, 2024 | $0.1200 |
| May 24, 2024 | $0.1200 |
| Mar 13, 2024 | $0.1200 |
| Nov 13, 2020 | $0.0382 |
| Sep 16, 2020 | $0.0339 |
| Jun 17, 2020 | $0.0339 |
| Mar 19, 2020 | $0.0339 |
| Dec 18, 2019 | $0.0339 |
| Sep 18, 2019 | $0.0297 |
| Jun 17, 2019 | $0.0297 |
| Mar 18, 2019 | $0.0297 |
| Dec 19, 2018 | $0.0297 |
| Sep 19, 2018 | $0.0254 |
| Jun 18, 2018 | $0.0254 |
| Mar 22, 2018 | $0.0254 |
| Dec 12, 2017 | $0.0254 |
| Sep 14, 2017 | $0.0237 |