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PROG Holdings(NYSE) PRG

Market Cap$1.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1984)+1,291%
5 Year+8%
1 Year+50%
1 Month+6%
$43.54
-5.04%
-2.31Today
After hours$43.47-$0.07 (-0.16%)
PROG Holdings last closing stock price
MetricPriceDate
Last closeUSD 45.852026-08-05
PROG Holdings stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+7.18%USD 42.782026-07-29
1 month+6.01%USD 43.252026-07-06
3 month+28.93%USD 35.562026-05-07
Year to date+56.86%USD 29.232025-12-31
1 year+49.62%USD 30.642025-08-05
3 year+22.88%USD 37.312023-08-04
5 year+7.53%USD 42.642021-08-06
Since inception+1,290.66%USD 3.301984-02-14

PROG Holdings Financials at a Glance

Market Cap

$1.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$2.52B

Net Income (TTM)

$146.67M

EPS (TTM)

$3.61

P/E Ratio

12.71

Dividend

$0.54

Beta (Volatility)

1.34 (Average)

Price

$43.54

Volume

455,025

Open

$45.43

Previous Close

$43.44

Daily Range

$43.36 - $45.59

52-Week Range

$25.80 - $47.73

Estimated Earnings Date

Oct 28, 2026

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About PROG Holdings

PROG Holdings lets people buy home goods through flexible payment plans. It helps shoppers with limited credit get what they need today. The company works through thousands of stores and online shops.

Flexible Ways to Pay

  • Progressive Leasing: Point-of-sale lease-to-own solutions for furniture, appliances, and electronics; accounted for $596.9 million of revenue in Q1 2026.
  • Purchasing Power: Employee benefit program that lets workers buy products through automatic payroll deductions; contributed $106.4 million to revenue in Q1 2026.
  • Four Technologies: Interest-free "Buy Now, Pay Later" platform allowing consumers to pay for items over four installments.
  • PROG Marketplace: Mobile application that connects consumers with hundreds of different retailers for shopping.

Strategic Shifts and Deals

  • Acquired Purchasing Power on January 2, 2026, for approximately $424.2 million in cash.
  • Sold the Vive Financial loan portfolio in October 2025 to focus on core lease-purchase and payment offerings.
  • Updated its corporate credit facility in January 2026, adding a $125 million term loan to support business growth.

Risk Engines and Retail Reach

PROG Holdings utilizes data science and machine learning to manage credit risk across its 24,000 partner locations. Its payroll-deduction model creates a unique link between employers and consumer purchasing.

Q1 2026 Performance

  • Total revenue reached $742.7 million in Q1 2026, up 11.1% from $668.4 million in Q1 2025.
  • Operating profit hit $65.3 million in Q1 2026, a 16% increase over the previous year.
  • Net earnings from continuing operations reached $36.2 million in Q1 2026, up from $34.6 million in Q1 2025.
  • Cash used in investing activities reached $385.9 million in Q1 2026, primarily due to business acquisition costs.

A Tech-Driven Evolution

PROG Holdings has transitioned from a traditional retailer into a diversified financial technology firm. Its focus on underserved consumers through various payment models supports its role in the modern credit ecosystem.

AI Generated • Apr 30, 2026

Industry

Consumer Finance

Employees

1,235

CEO

Steven A. Michaels, MBA, CPA

Headquarters

Draper, UT 84020-2315, US

PRG Financials

Key Financial Metrics (TTM)

Gross Margin

37.23%

Operating Margin

9.16%

Net Income Margin

5.81%

Return on Equity

19.36%

Return on Capital

17.58%

Return on Assets

7.16%

Earnings Yield

7.87%

Dividend Yield

1.18%

Payout Ratio

14.69%

Stock Overview

Market Cap

$1.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

39.83M

Volume

455.02K

Avg. Volume

533.59K

Financials (TTM)

Gross Profit

$939.65M

Operating Income

$231.09M

EBITDA

$989.56M

Operating Cash Flow

$186.76M

Capital Expenditure

-$14.34M

Free Cash Flow

$172.42M

Cash & ST Invst.

$85.20M

Total Debt

$887.06M

PROG Holdings Performance Analysis

PROG Holdings annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 2,597,826,000-3.0%
20232023-12-31USD 2,408,264,000-7.3%
20242024-12-31USD 2,399,081,000-0.4%
20252025-12-31USD 2,409,223,0000.4%
PROG Holdings sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-1.6%
Q42025-12-31-3.4%
Q12026-03-3129.3%
Q22026-06-30-17.7%
PROG Holdings annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.90-48.5%
20232023-12-31USD 2.9856.9%
20242024-12-31USD 4.5351.9%
20252025-12-31USD 3.59-20.7%
PROG Holdings sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-13.7%
Q42025-12-3122.0%
Q12026-03-31-12.0%
Q22026-06-303.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$611.30M

+1.1%

Gross Profit

$263.84M

+20.2%

Gross Margin

43.16%

N/A

Market Cap

$1.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.48M

N/A

Employees

1,235

N/A

Net Income

$37.03M

-3.8%

EBITDA

-$349.23M

-177.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$85.20M

-61.6%

Total Debt

$887.06M

+47.0%

Accounts Receivable

$414.30M

+90.3%

Inventory

$533.52M

+1.4%

Long Term Debt

$887.06M

+47.0%

Short Term Debt

$0.00

N/A

Return on Assets

7.16%

N/A

Return on Invested Capital

12.18%

N/A

Free Cash Flow

-$45.12M

-166.4%

Operating Cash Flow

-$40.08M

-157.3%

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Questions About PRG

What is the current price of PROG Holdings?

PROG Holdings is trading at $43.44 per share.

What is the 52-week range for PROG Holdings?

Over the past 52 weeks, PROG Holdings has traded between $25.80 and $47.73.

How much debt does PROG Holdings have?

As of the most recent reporting period, PROG Holdings reported total debt of $887.06M.

How much cash does PROG Holdings have on hand?

PROG Holdings reported $92.37M in cash and cash equivalents in its most recent financial results.

What is PROG Holdings’s dividend yield?

PROG Holdings currently has a dividend yield of 1.18%.

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