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PROG Holdings, Inc. PRG

NYSE · stock · Services-Equipment Rental & Leasing, NEC · website · IPO 1982-05-11 · LEI

PROG Holdings, Inc. statistics & valuation

Market cap$1.8B
P / E12.6×
P / S0.8×
P / B2.5×
P / FCF5.7×
Dividend yield1.12%
Net margin6.1%
Return on equity19.7%
FCF margin13.5%
Net debt$286.1M
Net debt / EBITDA1.2×
Enterprise value USD$2.1B
EV / EBITDA9.2×
Earnings yield EBIT/EV9.7%
Graham number -6.8%$38.41

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($38.41); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.50% -2.50% 9.10% 3.80% 5.90% 8.20% 6.10% 2019202020212022202320242025
Gross margin (%)
2019202020212022202320242025
Operating margin (%)
1.30% 10.90% 12.50% 7.10% 9.30% 8.10% 8.60% 2019202020212022202320242025
Return on equity (%)
1.80% -6.20% 35.80% 17.30% 23.50% 30.30% 19.70% 2019202020212022202320242025
Shares outstanding
67.3M 68.0M 66.4M 52.1M 46.5M 43.5M 40.9M 2019202020212022202320242025
Net debt ($)
$13.4M $419.5M $459.1M $436.8M $552.6M $286.1M 2019202020212022202320242025
Share buybacks ($)
2019202020212022202320242025
Return on assets (%)
1.00% -4.70% 15.00% 6.60% 9.30% 13.00% 9.10% 2019202020212022202320242025
Free cash flow margin (%)
10.40% 15.80% 8.80% 9.00% 8.30% 5.40% 13.50% 2019202020212022202320242025
Debt / equity (×)
0.05× 0.87× 1.04× 1.00× 0.99× 0.80× 2019202020212022202320242025
EPS ($)
$0.47 -$0.90 $3.67 $1.90 $2.98 $4.53 $3.59 2019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

PROG Holdings, Inc. trades at about 11.5× earnings — near its 10-year norm (10-year range 9×–107.1×, median 10.8×).

9× 107.1×

Shaded band = 10-year range (9×–107.1×); dot = today's 11.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin8.6%8.1%9.3%7.1%12.5%10.9%1.3%
Net margin6.1%8.2%5.9%3.8%9.1%-2.5%1.5%
FCF margin13.5%5.4%8.3%9.0%8.8%15.8%10.4%
Return on assets9.1%13.0%9.3%6.6%15.0%-4.7%1.0%
Return on equity19.7%30.3%23.5%17.3%35.8%-6.2%1.8%
Debt / equity0.80×0.99×1.00×1.04×0.87×0.05×—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.