Prog Holdings Inc. (PRG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.95	$1.19	+25.3%	—	—	—
Q4 26	$0.78	$1.24	+59.0%	—	—	—
Q3 26	$0.61	$0.74	+21.3%	—	—	—
Q2 26	$0.74	$0.9	+21.6%	—	—	—
Q1 26	$0.8	$1.02	+27.5%	—	—	—
Q4 25	$0.83	$0.9	+8.4%	—	—	—
Q3 25	$0.77	$0.8	+3.9%	—	—	—
Q2 25	$0.8	$0.77	-3.8%	—	—	—
Q1 25	$0.74	$0.92	+24.3%	—	—	—
Q4 24	$0.82	$0.91	+11.0%	—	—	—
Q3 24	$0.69	$0.72	+4.3%	—	—	—
Q2 24	$0.63	$0.9	+42.9%	—	—	—
Q1 24	$0.65	$0.92	+41.5%	—	—	—
Q4 23	$0.84	$1.11	+32.1%	—	—	—
Q3 23	$0.59	$0.84	+42.4%	—	—	—
Q2 23	$0.64	$0.68	+6.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.66	—	—	$2.4B	—
FY24	—	$4.63	—	—	$2.5B	—
FY23	—	$3.02	—	—	$2.4B	—
FY22	—	$1.9	—	—	$2.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.2B	$3.4B	$2B	$2.2B	$2.5B	$2.7B	$2.6B	$2.4B	$2.5B	$2.4B
YoY change	+0.88%	+5.49%	-39.8%	+6.23%	+14.9%	+7.78%	-2.99%	-7.3%	+2.29%	-2.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.2B	3.4B	2B	2.2B	2.5B	2.7B	2.6B	2.4B	2.5B	2.4B
Cost of revenue	295.2M	258.9M	194M	137.3M	—	—	—	—	—	—
Gross profit	2.9B	3.1B	3.6B	3.8B	—	—	—	—	—	—
Gross margin	90.8%	92.3%	178.5%	176.1%	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	860.6M	0	204.1M	454M	275M	291.9M	297.3M	299.6M	324.4M	350.7M
Operating expenses	1.1B	1.4B	286.9M	1.9B	2B	330.2M	366.2M	367.1M	408.4M	391.1M
Operating income	518.9M	272.7M	508.1M	199.5M	439.5M	494.4M	440M	432.9M	407M	403.9M
Operating margin	16.2%	8.06%	25%	9.22%	17.7%	18.5%	16.9%	18%	16.5%	16.8%
Non-operating income, net	-279.8M	-14.4M	-351.3M	-171.8M	-167.8M	-149.4M	-241.9M	-196M	-201M	-169.3M
Pretax income	218.4M	239.6M	156.8M	27.6M	271.6M	328.2M	148.2M	196.2M	163.6M	174.5M
Income tax	79.1M	-53M	31.5M	52.2M	37.9M	84.6M	49.5M	57.4M	-33.6M	50.2M
Net income	139.3M	292.5M	196.2M	31.5M	-61.5M	243.6M	98.7M	138.8M	197.2M	146.8M
Net margin	4.34%	8.65%	9.64%	1.45%	-2.47%	9.1%	3.8%	5.77%	8.01%	6.09%
EBITDA	1.9B	1.7B	1.7B	304.5M	515.4M	2.3B	2.2B	2B	2.1B	2B
EPS	1.93	4.13	2.84	0.47	-0.91	3.69	1.9	3.02	4.63	3.66
Diluted EPS	1.91	4.06	2.78	0.46	-0.91	3.67	1.9	2.98	4.53	3.59

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	582.9M	577.4M	641.9M	592.2M	606.1M	623.3M	684.1M	604.7M	595.1M	525.4M	742.7M	719.7M
Cost of revenue	—	—	—	—	—	—	—	—	—	—	62.5M	75.7M
Gross profit	—	—	—	—	—	—	—	—	—	—	680.2M	644M
Gross margin	—	—	—	—	—	—	—	—	—	—	91.6%	89.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	87.7M	39.8M	87.3M	83.9M	87M	—	95.9M	89.9M	87.9M	83.9M	—	—
Operating expenses	98.2M	79.2M	98.4M	95.9M	102.2M	-262.3M	110.2M	107.4M	108.6M	71.8M	150.2M	143.4M
Operating income	94.9M	115.9M	103.9M	105M	96.7M	130.6M	107.3M	106.2M	101.9M	81.6M	96.8M	105.6M
Operating margin	16.3%	20.1%	16.2%	17.7%	15.9%	20.9%	15.7%	17.6%	17.1%	15.5%	13%	14.7%
Non-operating income, net	-37.2M	-77.7M	-61.2M	-46.7M	-44.7M	-69.4M	-48M	-42.6M	-41M	-37.6M	-31.5M	-40M
Pretax income	48.1M	28.5M	31.6M	48.3M	41.8M	41.9M	47.2M	52.6M	45.6M	29.1M	47.6M	50.8M
Income tax	13.1M	9.9M	9.6M	14.6M	-42.1M	-15.7M	12.5M	14.1M	12.5M	11M	11.3M	13.4M
Net income	35M	18.6M	22M	33.8M	84M	57.5M	34.7M	38.5M	33.1M	40.5M	36.1M	37M
Net margin	6.01%	3.22%	3.42%	5.7%	13.9%	9.23%	5.08%	6.36%	5.57%	7.7%	4.85%	5.14%
EBITDA	484.8M	488.9M	542M	927.5M	503.6M	557.7M	571.8M	496.1M	481.1M	448.8M	519.3M	480.3M
EPS	0.77	0.42	0.5	0.79	1.99	1.39	0.85	0.96	0.83	1.02	0.91	0.92
Diluted EPS	0.76	0.41	0.49	0.77	1.94	1.34	0.83	0.95	0.82	1	0.89	0.91

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2B	2.4B	2.5B	3.3B	3.6B	3B	—	—	1.8B	1.2B	1.3B
Enterprise value	2.2B	2.7B	2.9B	3.2B	3.7B	3.4B	—	—	2.4B	1.5B	2.1B
Shares outstanding	72.4M	70.8M	69.1M	67.3M	67.3M	66M	51.9M	46M	42.6M	40.1M	40.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.1	8.18	12.6	103.6	—	12.2	—	—	9.12	8.05	10.3
P/S	0.61	0.71	1.21	1.51	1.46	1.11	—	—	0.73	0.49	0.49
P/B	1.33	1.39	1.4	1.88	3.67	4.38	—	—	2.77	1.58	1.58
EV/EBITDA	1.16	1.57	1.64	10.6	7.11	1.47	—	—	1.15	0.74	4.65
EV/Sales	0.67	0.8	1.41	1.5	1.48	1.28	—	—	0.96	0.61	0.81
Earnings yield	7.09%	12.2%	7.96%	0.97%	—	8.18%	—	—	11%	12.4%	9.71%
FCF yield	20.9%	4.23%	11.3%	6.88%	10.8%	7.94%	—	—	7.24%	27.5%	120.7%
PEG	—	—	—	—	—	—	—	—	—	—	-2.47

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	90.8%	92.3%	178.5%	176.1%	—	—	—	—	—	—	89.5%
Operating margin	16.2%	8.06%	25%	9.22%	17.7%	18.5%	16.9%	18%	16.5%	16.8%	16.6%
Net margin	4.34%	8.65%	9.64%	1.45%	-2.47%	9.1%	3.8%	5.77%	8.01%	6.09%	5.61%
ROE	9.4%	16.9%	11.1%	1.81%	-6.23%	35.8%	17.3%	23.5%	30.3%	19.7%	17.1%
ROA	5.32%	10.9%	6.94%	0.95%	-4.67%	15%	6.62%	9.31%	13%	9.11%	15%
ROIC	19.8%	13.3%	18.7%	0%	36.7%	32.6%	27.9%	29.3%	33.6%	27.7%	17.3%
Return on tangible assets	13.1%	30%	21.7%	1.33%	-14.3%	33.1%	14.7%	19.4%	25.5%	16.3%	28.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.34	3.56	4.36	1.94	4.66	6.18	5.99	5.63	5.94	8.67	4.52
Quick ratio	1.23	0.94	0.77	1.48	1.17	2.24	2.22	2.24	2.18	4.26	4.5
Debt / equity	0.34	0.21	0.24	0.02	0.08	0.91	1.07	1.03	1.01	0.81	1.1
Debt / assets	0.19	0.14	0.15	0.01	0.06	0.38	0.41	0.41	0.43	0.37	0.43
Net debt / EBITDA	0.1	0.18	0.23	-0.07	0.08	0.19	0.22	0.22	0.27	0.15	0.42
Interest coverage	10.3	12.7	—	—	1.5K	62.7	4.96	7.67	5.21	5.44	4.41
Effective tax rate	36.2%	0%	20.1%	100%	14%	25.8%	33.4%	29.2%	0%	28.7%	27.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	44.3	47.8	29.5	32.1	36.9	40.6	50	52.3	57.9	60.1	65.6
EPS (basic)	1.93	4.13	2.84	0.47	-0.91	3.69	1.9	3.02	4.63	3.66	3.66
EPS (diluted)	1.91	4.06	2.78	0.46	-0.91	3.67	1.9	2.98	4.53	3.59	3.1
Book value per share	20.5	24.4	25.5	25.8	14.7	10.3	11	12.8	15.3	18.6	20.2
FCF per share	5.66	1.43	4.02	3.33	5.82	3.58	4.48	4.23	3.06	8.1	7.82
Cash per share	4.26	0.72	0.22	0.86	0.54	2.58	2.54	3.38	2.25	7.7	2.14
Capex per share	0.53	0.64	1.01	1.17	0.85	0.14	0.19	0.21	0.19	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.19%	1.34%	3.42%	3.65%	2.29%	0.35%	0.37%	0.4%	0.33%	—	—
Capex / operating cash flow	13.1%	-63.6%	168.5%	-38.1%	-41.9%	82.9%	-5.21%	-6.2%	-3.72%	—	—
Payout ratio	5.33%	2.72%	3.18%	30%	-22.4%	0%	0%	—	10.3%	14.1%	17.4%
Dividend yield	0.38%	0.33%	0.25%	0.29%	0.38%	0%	—	—	1.13%	1.76%	0.88%

Yield

0.88%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.14

ex-dividend Aug 18, 2026

Payout ratio

17%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 18, 2026	$0.14
May 19, 2026	$0.14
Mar 12, 2026	$0.14

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$582.9M	$577.4M	$641.9M	$592.2M	$606.1M	$623.3M	$684.1M	$604.7M	$595.1M	$525.4M	$742.7M	$719.7M
YoY change	-6.86%	-5.67%	-2.03%	-0.12%	+3.99%	+7.95%	+6.58%	+2.11%	-1.82%	-15.7%	+8.56%	+19%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	308.6M	51M	15.3M	57.8M	36.6M	170.2M	131.9M	155.4M	95.7M	308.8M
Receivables	95.8M	99.9M	98.2M	67.1M	61.3M	66.3M	64.5M	67.9M	80.2M	74.2M
Inventory	999.4M	1.2B	1.3B	651.8M	610.3M	714.1M	648M	633.4M	680.2M	609M
Total current assets	1.6B	1.6B	1.6B	2.8B	814M	1.1B	1B	1.1B	1.1B	1.2B
Property, plant & equipment	141.3M	140.6M	162.4M	71.1M	47.3M	43.1M	35.7M	33.4M	25.5M	22.3M
Goodwill & intangibles	1.5B	1.7B	1.9B	930.7M	886.4M	887M	820.9M	775.5M	739.7M	707.7M
Total assets	2.6B	2.7B	2.8B	3.3B	1.3B	1.6B	1.5B	1.5B	1.5B	1.6B
Accounts payable	71.9M	80.8M	88.4M	12.5M	8.6M	13.7M	14.4M	20.2M	13.1M	18.5M
Short-term debt	146.5M	97.2M	21.2M	2.7M	50M	—	—	—	46.8M	-2.6M
Total current liabilities	474.8M	440.1M	367.6M	1.4B	174.8M	181M	172.1M	187M	180.9M	138.1M
Long-term debt	351.3M	271.6M	403.6M	33.9M	29.5M	615.1M	612.1M	608.1M	608.3M	604.7M
Total liabilities	1.1B	964.3M	1.1B	1.6B	331.3M	942.4M	921.4M	899.9M	863.5M	864M
Shareholders' equity	1.5B	1.7B	1.8B	1.7B	986.1M	679.4M	570.5M	591.3M	650.3M	746.4M
Total debt	497.8M	368.8M	424.8M	36.6M	79.5M	615.1M	612.1M	608.1M	655.1M	602.1M
Net debt	189.3M	317.8M	409.5M	-21.2M	42.9M	444.9M	480.2M	452.7M	559.4M	293.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	294.8M	155.4M	252.8M	250.1M	221.7M	95.7M	213.3M	222M	292.6M	308.8M	69.4M	85.2M
Receivables	55.8M	67.9M	62M	61.5M	67.2M	80.2M	66.6M	60.5M	63.7M	74.2M	387.6M	374.5M
Inventory	521.2M	633.4M	557.4M	563.6M	554.4M	680.2M	555.4M	526.3M	501.2M	609M	533.8M	533.5M
Total current assets	1B	1.1B	1B	1B	1B	1.1B	1B	1B	1.1B	1.2B	1.2B	1.2B
Property, plant & equipment	33.9M	33.4M	26.3M	25.6M	25.2M	25.5M	25M	24.5M	25.5M	22.3M	26.5M	32.3M
Goodwill & intangibles	786.8M	775.5M	764.1M	755.7M	747.7M	739.7M	731.7M	723.7M	715.7M	707.7M	1.5B	1.5B
Total assets	1.5B	1.5B	1.5B	1.5B	1.4B	1.5B	1.5B	1.5B	1.5B	1.6B	2B	2B
Accounts payable	16.5M	20.2M	17.1M	22.7M	11.8M	13.1M	11M	16.1M	13M	18.5M	43.2M	45.2M
Short-term debt	—	—	—	—	—	46.8M	—	—	—	-2.6M	50M	—
Total current liabilities	177.1M	187M	173.4M	185.1M	128.3M	180.9M	147M	128.3M	134.6M	138.1M	190.4M	151.5M
Long-term debt	609.1M	608.1M	607.5M	606.5M	605.5M	608.3M	604.1M	603.4M	602.7M	604.7M	886.1M	887.1M
Total liabilities	891M	899.9M	876.6M	878.9M	815.5M	863.5M	815.5M	785.9M	843M	864M	1.3B	1.2B
Shareholders' equity	598.1M	591.3M	585.1M	581.9M	630.8M	650.3M	654.4M	668.7M	703.6M	746.4M	774.4M	805.3M
Total debt	609.1M	608.1M	607.5M	606.5M	605.5M	655.1M	604.1M	603.4M	602.7M	602.1M	936.1M	887.1M
Net debt	314.3M	452.7M	354.7M	356.4M	383.8M	559.4M	390.8M	381.4M	310.1M	293.4M	866.7M	801.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	139.3M	292.5M	196.2M	31.5M	-61.5M	243.6M	98.7M	138.8M	197.2M	146.8M
Depreciation & amortization	82.4M	82.6M	94.2M	105.1M	93.8M	33.3M	33.9M	32M	27M	1.6B
Stock-based compensation	21.5M	27.4M	28.2M	26.5M	41.2M	21.3M	17.5M	24.9M	29.2M	28.8M
Change in working capital	-1.2B	-1.9B	-2.1B	-2.5B	-2.3B	-2.1B	-2.1B	-1.9B	-2B	-1.9B
Operating cash flow	291.6M	-71.2M	41.3M	-206.9M	-135.7M	11.4M	-185.2M	-154.2M	-220.2M	335M
Capital expenditure	-38.1M	-45.3M	-69.7M	-78.9M	-56.9M	-9.5M	-9.6M	-9.6M	-8.2M	—
Investing cash flow	-20.1M	-205.3M	-263.1M	-106.3M	-114.5M	-82.2M	-53.5M	-38.8M	-79.2M	16.7M
Dividends paid	-7.4M	-8M	-6.2M	-9.4M	-13.8M	0	0	—	-20.4M	-20.8M
Share repurchases	-34.5M	-62.5M	-168.7M	-69.3M	0	-570.9M	-223.9M	-139.6M	-138.7M	-51.8M
Financing cash flow	-154.2M	-214.9M	-120.9M	-176.3M	-324.9M	-34.9M	-228.4M	-143.2M	-121.5M	-80.1M
Net change in cash	117.3M	-491.4M	-342.7M	-489.5M	-575.1M	-105.6M	-467.1M	-336.3M	-420.8M	271.5M
Free cash flow	409.8M	101.2M	277.7M	224.2M	391.6M	236.4M	232.8M	194.6M	130.2M	324.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	35M	18.6M	22M	33.8M	84M	57.5M	34.7M	38.5M	33.1M	40.5M	36.1M	37M
Depreciation & amortization	389.8M	8.2M	8M	822.9M	407.3M	-1.2B	466.6M	391.1M	384.6M	372.4M	423.2M	375.4M
Stock-based compensation	6.8M	5.8M	6.6M	7.1M	7.9M	7.6M	7.9M	6.6M	7.1M	7.2M	7.6M	9.2M
Change in working capital	-440.2M	-586.9M	-405.2M	-461.4M	-488.5M	-625.8M	-389M	-453.4M	-487.3M	-556.5M	-345.3M	-438.2M
Operating cash flow	-22.2M	-182.5M	53.8M	-38.8M	-50.5M	-184.7M	109.2M	69.9M	110M	-54.9M	171.7M	106.2M
Capital expenditure	-2.5M	-2.6M	-2.1M	-1.9M	-1.9M	-2.3M	-2M	—	—	—	—	—
Investing cash flow	-8.1M	-20.1M	-3.6M	-14.2M	-17.8M	-43.5M	-4.1M	-28.8M	-30.7M	78.3M	-383.3M	-22.9M
Dividends paid	0	—	-5.2M	-5.1M	-5.1M	-5M	-5.3M	-5.2M	-5.2M	-5.1M	-5.6M	-5.6M
Share repurchases	-36.4M	-31.3M	-24.4M	-36.7M	-37M	-40.5M	-26.1M	-25.7M	0	0	0	-10.2M
Financing cash flow	-37.2M	-31.7M	-34.8M	-44.5M	-42.5M	-49.6M	-88.5M	-31.2M	-5.2M	-5.2M	-15.3M	-66M
Net change in cash	-67.5M	-234.2M	15.4M	-97.6M	-110.8M	-277.8M	16.6M	10M	74.1M	18.2M	-226.9M	17.3M
Free cash flow	84.6M	-91M	133.6M	53.5M	29.8M	-86.8M	208M	68M	106.5M	-57.5M	168.6M	101.2M

Date	Ratio
Dec 1, 2020	1179:1000
May 19, 2014	1:10
Apr 16, 2010	3:2
Aug 17, 2004	3:2
Jun 21, 2004	1:2
Aug 18, 2003	3:2
Jun 4, 1996	2:1
Nov 3, 1992	2:1
Jun 1, 1983	3:2

Prog Holdings Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history