PROG (PRG) Financials

$33.45 -0.30 (-0.89%)

Closing price 03:59 PM Eastern

Extended Trading

$33.48 +0.03 (+0.10%)

As of 04:10 PM Eastern

Annual Income Statements for PROG

This table shows PROG's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	196	31	-61	244	99	139	197	147
Consolidated Net Income / (Loss)	196	31	-61	244	99	139	197	147
Net Income / (Loss) Continuing Operations	125	-25	234	244	99	134	197	124
Total Pre-Tax Income	157	28	272	328	148	189	163	175
Total Operating Income	157	28	272	334	186	219	195	207
Total Gross Profit	37	2,163	2,485	2,678	2,598	2,339	2,399	2,409
Total Revenue	37	2,163	2,485	2,678	2,598	2,339	2,399	2,409
Operating Revenue	37	2,163	2,485	2,678	2,598	2,339	2,399	2,409
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	-119	2,136	2,213	2,344	2,412	2,121	2,204	2,202
Selling, General & Admin Expense	-	-	373	397	450	389	405	446
Depreciation Expense	1,219	1,445	1,691	1,820	1,758	1,576	1,621	1,590
Other Operating Expenses / (Income)	-1,339	511	149	127	194	155	178	173
Other Special Charges / (Income)	0.00	179	-	-	-	0.00	0.00	-6.65
Total Other Income / (Expense), net	0.00	0.00	-0.19	-5.32	-37	-29	-31	-32
Interest & Investment Income	-	-	-	-	-37	-29	-31	-32
Income Tax Expense	31	52	38	85	50	55	-34	50
Net Income / (Loss) Discontinued Operations	71	56	-295	-	-	4.95	-0.06	22
Basic Earnings per Share	$2.84	$0.47	($0.91)	$3.69	$1.90	$3.02	$4.63	$3.66
Weighted Average Basic Shares Outstanding	69.13M	67.32M	67.26M	66.03M	51.92M	46.03M	42.58M	40.09M
Diluted Earnings per Share	$2.78	$0.47	($0.90)	$3.67	$1.90	$2.98	$4.53	$3.59
Weighted Average Diluted Shares Outstanding	70.60M	67.32M	68.02M	66.42M	52.08M	46.55M	43.55M	40.86M
Weighted Average Basic & Diluted Shares Outstanding	-	-	67.73M	55.16M	48.04M	43.69M	40.82M	39.58M
Cash Dividends to Common per Share	$0.13	$0.15	$0.17	-	-	-	$0.48	$0.52

This table shows PROG's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	35	19	22	34	84	58	35	38	33	40	36
Consolidated Net Income / (Loss)	35	19	22	34	84	58	35	38	33	40	36
Net Income / (Loss) Continuing Operations	35	19	22	34	84	58	35	38	33	18	36
Total Pre-Tax Income	48	29	32	48	42	42	47	53	46	29	48
Total Operating Income	55	35	40	56	49	50	56	61	54	36	65
Total Gross Profit	583	577	642	592	606	623	663	605	595	525	656
Total Revenue	583	577	642	592	606	623	668	605	595	525	743
Operating Revenue	583	577	642	592	606	623	668	605	595	525	743
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	5.50	0.00	0.00	-	87
Operating Cost of Revenue	-	-	-	-	-	-	0.00	-	-	-	63
Other Cost of Revenue	-	-	-	-	-	-	5.50	-	-	-	24
Total Operating Expenses	528	542	602	536	557	573	607	544	542	489	591
Selling, General & Admin Expense	109	129	127	108	111	123	98	116	122	88	150
Depreciation Expense	382	374	432	385	401	404	460	385	378	366	409
Other Operating Expenses / (Income)	37	39	43	44	45	47	48	43	41	41	38
Other Special Charges / (Income)	-	-	-	-	-	-	0.00	-	-	-	-6.46
Total Other Income / (Expense), net	-6.78	-6.86	-8.25	-7.34	-7.38	-8.32	-9.09	-8.15	-7.88	-7.13	-18
Interest Expense	-	-	-	-	-	-	9.96	-	-	-	18
Interest & Investment Income	-6.78	-	-8.25	-7.34	-7.38	-	0.87	-8.15	-7.88	-7.13	0.64
Income Tax Expense	13	9.94	9.60	15	-42	-16	13	14	13	11	11
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	0.13	-	-	-	-0.16
Basic Earnings per Share	$0.77	$0.45	$0.50	$0.79	$1.99	$1.35	$0.85	$0.96	$0.83	$1.02	$0.91
Weighted Average Basic Shares Outstanding	45.52M	46.03M	43.70M	42.96M	42.26M	42.58M	40.84M	40.13M	39.70M	40.09M	39.90M
Diluted Earnings per Share	$0.76	$0.43	$0.49	$0.77	$1.94	$1.33	$0.83	$0.95	$0.82	$0.99	$0.89
Weighted Average Diluted Shares Outstanding	46.13M	46.55M	44.53M	43.72M	43.17M	43.55M	41.85M	40.56M	40.48M	40.86M	40.81M
Weighted Average Basic & Diluted Shares Outstanding	44.72M	43.69M	43.17M	42.32M	41.54M	40.82M	40.35M	39.54M	39.55M	39.58M	40.07M
Cash Dividends to Common per Share	$0.00	-	$0.12	$0.12	$0.12	-	$0.13	$0.13	$0.13	-	$0.14

This table details how cash moves in and out of PROG's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-36	42	-21	134	-38	24	-60	213
Net Cash From Operating Activities	356	317	456	246	242	204	139	335
Net Cash From Continuing Operating Activities	356	317	456	246	242	204	139	335
Net Income / (Loss) Continuing Operations	196	31	-61	244	99	139	197	147
Consolidated Net Income / (Loss)	196	31	-61	244	99	139	197	147
Depreciation Expense	1,822	2,077	2,257	1,853	1,792	1,608	1,648	1,615
Non-Cash Adjustments To Reconcile Net Income	-1,493	-1,505	-1,422	-1,663	-1,256	-1,195	-1,245	-1,129
Changes in Operating Assets and Liabilities, net	-168	-287	-318	-188	-392	-348	-462	-298
Net Cash From Investing Activities	-263	-106	-115	-82	-54	-39	-79	6.65
Net Cash From Continuing Investing Activities	-263	-106	-115	-82	-54	-39	-79	6.65
Purchase of Property, Plant & Equipment	-79	-93	-64	-9.56	-9.67	-9.62	-8.32	-10
Sale of Property, Plant & Equipment	9.19	14	7.48	0.08	0.03	0.05	0.13	152
Other Investing Activities, net	-7.59	-17	-43	-50	-44	-29	-71	-136
Net Cash From Financing Activities	-129	-169	-363	-30	-227	-142	-119	-128
Net Cash From Continuing Financing Activities	-129	-169	-363	-30	-227	-142	-119	-128
Repayment of Debt	-98	-85	-301	-51	-1.60	-0.03	-2.78	-50
Repurchase of Common Equity	-169	-69	0.00	-142	-224	-140	-139	-52
Payment of Dividends	-6.24	-9.44	-14	-	0.00	0.00	-20	-21
Other Financing Activities, net	-9.37	-5.29	-54	-0.53	-1.75	-2.27	-7.30	-5.86
Cash Interest Paid	16	16	10	1.45	36	37	37	37
Cash Income Taxes Paid	-64	-0.73	29	54	62	100	50	46

This table details how cash moves in and out of PROG's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	42	-139	97	-2.69	-28	-126	118	8.73	71	16	-229
Net Cash From Operating Activities	87	-88	136	55	32	-84	210	70	110	-55	172
Net Cash From Continuing Operating Activities	87	-88	136	55	32	-84	210	70	110	-55	172
Net Income / (Loss) Continuing Operations	35	19	22	34	84	58	35	38	33	40	36
Consolidated Net Income / (Loss)	35	19	22	34	84	58	35	38	33	40	36
Depreciation Expense	390	382	440	391	407	410	467	391	385	372	423
Non-Cash Adjustments To Reconcile Net Income	-258	-384	-260	-294	-282	-459	-234	-251	-242	-401	-239
Changes in Operating Assets and Liabilities, net	-80	-105	-66	-75	-177	-93	-57	-109	-66	-66	-48
Net Cash From Investing Activities	-8.14	-20	-3.60	-14	-18	-44	-4.09	-31	-34	76	-386
Net Cash From Continuing Investing Activities	-8.14	-20	-3.60	-14	-18	-44	-4.09	-31	-34	76	-386
Purchase of Property, Plant & Equipment	-2.56	-2.66	-2.10	-1.90	-2.04	-2.28	-1.96	-1.93	-3.55	-2.59	-3.15
Acquisitions	-	-	-	-	-	-	0.00	-	-	-	-392
Sale of Property, Plant & Equipment	-	0.02	0.01	-	-	0.01	0.00	-	-	152	0.58
Sale and/or Maturity of Investments	-	-	-	-	-	-	0.00	-	-	-	19
Other Investing Activities, net	-5.60	-17	-1.52	-12	-16	-41	-2.13	-29	-31	-74	-10
Net Cash From Financing Activities	-37	-31	-35	-44	-42	1.94	-88	-30	-5.21	-4.62	-15
Net Cash From Continuing Financing Activities	-37	-31	-35	-44	-42	1.94	-88	-30	-5.21	-4.62	-15
Repayment of Debt	-	-	0.00	-	-	-2.78	-50	-	-	-	-546
Repurchase of Common Equity	-36	-31	-24	-37	-37	-40	-26	-26	-	-	0.00
Payment of Dividends	-	-	-5.22	-5.13	-5.08	-4.97	-5.27	-5.18	-5.18	-5.14	-5.61
Issuance of Debt	-	-	-	-	-	-	0.00	-	-	-	546
Other Financing Activities, net	-0.64	0.30	-5.07	-2.00	-0.38	0.15	-6.72	0.37	-0.03	0.52	-9.93
Cash Interest Paid	0.24	18	0.22	18	0.23	18	0.51	18	0.32	18	8.72
Cash Income Taxes Paid	23	24	-3.84	17	19	18	0.30	45	1.02	-0.28	-18

This table presents PROG's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,298	1,317	1,622	1,492	1,491	1,514	1,610
Total Current Assets	170	137	299	264	307	255	504
Cash & Equivalents	58	37	170	132	155	91	309
Accounts Receivable	67	61	66	65	68	80	74
Prepaid Expenses	27	40	48	48	51	73	73
Current Deferred & Refundable Income Taxes	18	0.00	14	19	33	11	48
Plant, Property, & Equipment, net	30	0.00	0.00	0.00	24	20	20
Total Noncurrent Assets	3,098	1,180	1,323	1,228	1,160	1,239	1,087
Noncurrent Note & Lease Receivables	727	689	833	779	760	719	700
Goodwill	289	289	306	296	296	296	354
Noncurrent Deferred & Refundable Income Taxes	-	0.00	2.76	2.96	2.98	9.21	20
Other Noncurrent Operating Assets	24	47	43	36	9.27	3.88	0.00
Other Noncurrent Nonoperating Assets	1,881	-	-	-	-	136	14
Total Liabilities & Shareholders' Equity	3,298	1,317	1,622	1,492	1,491	1,514	1,610
Total Liabilities	1,561	331	942	921	900	863	864
Total Current Liabilities	1,251	125	181	172	187	130	103
Accounts Payable	59	78	136	135	151	90	96
Other Current Nonoperating Liabilities	1,149	-	-	-	-	-	6.83
Total Noncurrent Liabilities	309	206	761	749	713	733	761
Long-Term Debt	0.00	50	590	591	592	644	595
Noncurrent Deferred & Payable Income Tax Liabilities	100	127	146	137	105	74	121
Other Noncurrent Operating Liabilities	209	30	25	21	16	11	45
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,737	986	679	570	591	650	746
Total Preferred & Common Equity	1,737	986	679	570	591	650	746
Total Common Equity	1,737	986	679	570	591	650	746
Common Stock	336	364	373	380	393	400	405
Retained Earnings	2,030	1,236	1,056	1,154	1,293	1,469	1,595
Other Equity Adjustments	-	-	-749	-964	-1,095	-1,219	-1,253

This table presents PROG's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,491	1,510	1,483	1,489	1,462	1,461	1,446	1,470	1,455	1,547	2,043
Total Current Assets	339	373	375	418	375	372	369	362	367	477	605
Cash & Equivalents	222	250	253	295	253	250	222	213	222	293	69
Accounts Receivable	57	56	53	56	62	61	67	67	61	64	422
Prepaid Expenses	50	54	50	47	49	50	69	73	76	72	87
Current Deferred & Refundable Income Taxes	11	14	20	21	12	10	11	9.34	8.82	49	27
Plant, Property, & Equipment, net	25	23	24	24	22	22	21	21	21	23	22
Total Noncurrent Assets	1,128	1,113	1,084	1,047	1,064	1,067	1,056	1,087	1,066	1,047	1,416
Noncurrent Note & Lease Receivables	696	694	672	641	675	683	676	691	675	662	602
Goodwill	296	296	296	296	296	296	296	296	296	296	772
Noncurrent Deferred & Refundable Income Taxes	2.76	2.96	2.85	2.85	2.47	2.37	2.37	26	26	24	19
Other Noncurrent Operating Assets	12	11	11	9.93	4.47	4.12	3.75	3.73	3.35	2.97	10
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	-	-	-	-	12
Total Liabilities & Shareholders' Equity	1,491	1,510	1,483	1,489	1,462	1,461	1,446	1,470	1,455	1,547	2,043
Total Liabilities	925	925	889	891	877	879	816	815	786	843	1,268
Total Current Liabilities	172	187	163	177	173	185	128	147	128	135	140
Accounts Payable	138	152	131	147	140	150	95	111	93	101	137
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	-	3.39
Total Noncurrent Liabilities	754	738	726	714	703	694	687	668	658	708	1,128
Long-Term Debt	591	591	592	592	593	593	593	594	594	595	936
Noncurrent Deferred & Payable Income Tax Liabilities	141	127	116	105	96	87	82	64	54	106	148
Other Noncurrent Operating Liabilities	22	20	18	17	15	14	12	10	9.17	8.15	44
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	566	585	594	598	585	582	631	654	669	704	774
Total Preferred & Common Equity	566	585	594	598	585	582	631	654	669	704	774
Total Common Equity	566	585	594	598	585	582	631	654	669	704	774
Common Stock	377	378	384	389	388	389	395	386	391	398	390
Retained Earnings	1,118	1,202	1,239	1,274	1,310	1,338	1,417	1,499	1,532	1,560	1,625
Other Equity Adjustments	-	-996	-1,030	-1,065	-1,112	-1,145	-1,181	-1,231	-1,254	-1,254	-1,240

This table displays calculated financial ratios and metrics derived from PROG's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	5,696.61%	14.86%	7.78%	-2.99%	-7.30%	2.29%	0.42%
EBITDA Growth	0.00%	6.38%	20.14%	-13.53%	-9.58%	-7.25%	0.49%	-1.16%
EBIT Growth	0.00%	-82.39%	884.19%	22.73%	-44.34%	21.54%	-13.62%	6.19%
NOPAT Growth	0.00%	-119.64%	1,049.78%	5.87%	-50.06%	29.15%	47.18%	-37.33%
Net Income Growth	0.00%	-83.96%	-295.30%	496.25%	-59.47%	40.65%	42.07%	-25.58%
EPS Growth	0.00%	-83.96%	-291.49%	507.78%	-48.23%	56.84%	52.01%	-20.75%
Operating Cash Flow Growth	0.00%	-11.03%	43.75%	-46.06%	-1.42%	-15.77%	-32.17%	141.81%
Free Cash Flow Firm Growth	0.00%	0.00%	118.67%	-18.40%	30.30%	-16.56%	-59.65%	-0.62%
Invested Capital Growth	0.00%	0.00%	5.52%	9.95%	-6.31%	-0.13%	16.53%	-4.16%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-31.46%	-1.31%	-1.42%	1.90%	-3.91%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-3.05%	-1.87%	-2.77%	2.35%	-2.75%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-2.84%	3.14%	-10.71%	8.22%	-6.33%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-0.68%	0.76%	-10.52%	23.87%	-23.71%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-1.22%	-1.73%	-11.20%	24.62%	-10.42%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-1.61%	-4.52%	-13.37%	24.79%	-8.65%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-12.02%	23.59%	3.53%	-18.91%	2.83%	9.69%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	4.23%	-26.26%	-21.42%	0.98%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	10.15%	10.09%	14.84%	19.54%	2.02%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	5,302.68%	97.31%	101.79%	81.66%	76.11%	76.15%	74.81%	75.60%
Operating Margin	420.17%	1.28%	10.94%	12.45%	7.15%	9.37%	7.91%	8.58%
EBIT Margin	420.17%	1.28%	10.94%	12.45%	7.15%	9.37%	7.91%	8.58%
Profit (Net Income) Margin	525.78%	1.45%	-2.47%	9.10%	3.80%	5.77%	8.01%	6.09%
Tax Burden Percent	125.13%	113.98%	-22.63%	74.21%	66.59%	70.76%	120.56%	84.11%
Interest Burden Percent	100.00%	100.00%	99.93%	98.40%	79.85%	86.97%	83.95%	84.40%
Effective Tax Rate	20.09%	189.14%	13.97%	25.79%	33.41%	29.24%	-20.56%	28.75%
Return on Invested Capital (ROIC)	0.00%	-5.20%	24.02%	23.59%	11.62%	15.52%	21.11%	14.06%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-19.40%	100.04%	21.77%	5.95%	10.87%	13.45%	13.90%
Return on Net Nonoperating Assets (RNNOA)	0.00%	8.82%	-28.53%	5.66%	4.18%	8.38%	10.67%	6.96%
Return on Equity (ROE)	0.00%	3.62%	-4.51%	29.25%	15.80%	23.90%	31.77%	21.02%
Cash Return on Invested Capital (CROIC)	0.00%	-205.20%	18.65%	14.12%	18.13%	15.65%	5.84%	18.30%
Operating Return on Assets (OROA)	0.00%	0.84%	11.78%	22.70%	11.92%	15.13%	12.97%	13.24%
Return on Assets (ROA)	0.00%	0.95%	-2.66%	16.57%	6.34%	9.31%	13.13%	9.40%
Return on Common Equity (ROCE)	0.00%	3.62%	-4.51%	29.25%	15.80%	23.90%	31.77%	21.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	1.81%	-6.23%	35.85%	17.30%	23.48%	30.33%	0.00%
Net Operating Profit after Tax (NOPAT)	125	-25	234	248	124	160	235	147
NOPAT Margin	335.77%	-1.14%	9.41%	9.24%	4.76%	6.63%	9.54%	6.12%
Net Nonoperating Expense Percent (NNEP)	0.00%	14.20%	-76.03%	1.83%	5.67%	4.64%	7.66%	0.16%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	10.64%	13.49%	18.16%	10.98%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	15.00%	14.84%	17.34%	18.73%	19.04%	18.50%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	-320.17%	98.72%	89.06%	87.55%	92.85%	90.63%	92.09%	91.42%
Earnings before Interest and Taxes (EBIT)	157	28	272	334	186	226	195	207
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,979	2,105	2,529	2,187	1,977	1,834	1,843	1,821
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	4.34	4.33	1.46	2.31	2.70	1.56
Price to Tangible Book Value (P/TBV)	0.00	0.00	7.88	12.46	5.22	6.71	6.26	2.97
Price to Revenue (P/Rev)	0.00	0.00	1.72	1.10	0.32	0.57	0.71	0.48
Price to Earnings (P/E)	0.00	0.00	0.00	12.07	8.46	9.84	8.90	7.94
Dividend Yield	0.00%	0.00%	17.96%	0.00%	0.00%	0.00%	1.14%	1.76%
Earnings Yield	0.00%	0.00%	0.00%	8.29%	11.83%	10.17%	11.24%	12.59%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	4.29	3.06	1.26	1.75	1.92	1.42
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.73	1.25	0.50	0.75	0.94	0.60
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	1.70	1.54	0.65	0.98	1.25	0.80
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	15.79	10.07	6.97	7.99	11.82	7.02
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	18.36	13.57	10.47	11.29	9.80	9.86
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	9.41	13.65	5.34	8.82	16.63	4.34
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	23.65	22.68	6.70	11.19	35.46	7.57
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.05	0.87	1.04	1.00	0.99	0.80
Long-Term Debt to Equity	0.00	0.00	0.05	0.87	1.04	1.00	0.99	0.80
Financial Leverage	0.00	-0.45	-0.29	0.26	0.70	0.77	0.79	0.50
Leverage Ratio	0.00	1.90	1.69	1.76	2.49	2.57	2.42	2.24
Compound Leverage Factor	0.00	1.90	1.69	1.74	1.99	2.23	2.03	1.89
Debt to Total Capital	0.00%	0.00%	4.83%	46.46%	50.88%	50.04%	49.74%	44.35%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	4.83%	46.46%	50.88%	50.04%	49.74%	44.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	100.00%	95.17%	53.54%	49.12%	49.96%	50.26%	55.65%
Debt to EBITDA	0.00	0.00	0.02	0.27	0.30	0.32	0.35	0.33
Net Debt to EBITDA	0.00	0.00	0.01	0.19	0.23	0.24	0.30	0.16
Long-Term Debt to EBITDA	0.00	0.00	0.02	0.27	0.30	0.32	0.35	0.33
Debt to NOPAT	0.00	0.00	0.21	2.38	4.78	3.71	2.74	4.04
Net Debt to NOPAT	0.00	0.00	0.06	1.69	3.71	2.74	2.33	1.94
Long-Term Debt to NOPAT	0.00	0.00	0.21	2.38	4.78	3.71	2.74	4.04
Altman Z-Score	0.00	0.00	11.64	5.20	3.85	4.34	4.73	4.39
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.14	1.10	1.65	1.53	1.64	1.97	3.75
Quick Ratio	0.00	0.10	0.78	1.31	1.14	1.19	1.31	2.86
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-972	181	148	193	161	65	192
Operating Cash Flow to CapEx	511.81%	402.15%	801.86%	2,595.35%	2,513.52%	2,134.57%	1,692.43%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	970.48	27.82	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	2,438.31	46.21	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	2,134.23	44.43	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.66	1.08	1.82	1.67	1.61	1.64	1.54
Accounts Receivable Turnover	0.00	32.25	38.72	42.00	39.72	36.38	33.27	31.20
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	71.24	0.00	0.00	0.00	0.00	108.17	121.77
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	11.32	9.43	8.69	9.19	10.03	10.97	11.70
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	11.32	9.43	8.69	9.19	10.03	10.97	11.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	947	999	1,099	1,030	1,028	1,198	1,026
Invested Capital Turnover	0.00	4.57	2.55	2.55	2.44	2.34	2.21	2.30
Increase / (Decrease) in Invested Capital	0.00	947	52	99	-69	-1.37	170	-44
Enterprise Value (EV)	0.00	0.00	4,291	3,358	1,294	1,802	2,304	1,452
Market Capitalization	0.00	0.00	4,278	2,939	835	1,365	1,756	1,166
Book Value per Share	$0.00	$25.81	$14.60	$10.39	$11.40	$13.22	$15.65	$18.87
Tangible Book Value per Share	$0.00	$18.89	$8.04	$3.61	$3.20	$4.55	$6.75	$9.93
Total Capital	0.00	1,737	1,036	1,269	1,161	1,184	1,294	1,341
Total Debt	0.00	0.00	50	590	591	592	644	595
Total Long-Term Debt	0.00	0.00	50	590	591	592	644	595
Net Debt	0.00	-58	13	419	459	437	548	286
Capital Expenditures (CapEx)	70	79	57	9.48	9.65	9.57	8.19	-142
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-1,139	-24	-52	-40	-35	35	59
Debt-free Net Working Capital (DFNWC)	0.00	-1,081	13	118	92	120	131	368
Net Working Capital (NWC)	0.00	-1,081	13	118	92	120	131	368
Net Nonoperating Expense (NNE)	-71	-56	295	3.95	25	21	38	0.55
Net Nonoperating Obligations (NNO)	0.00	-790	13	419	459	437	548	279
Total Depreciation and Amortization (D&A)	1,822	2,077	2,257	1,853	1,792	1,608	1,648	1,615
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-52.66%	-0.97%	-1.95%	-1.55%	-1.47%	1.42%	2.44%
Debt-free Net Working Capital to Revenue	0.00%	-49.99%	0.51%	4.40%	3.53%	4.98%	5.30%	15.26%
Net Working Capital to Revenue	0.00%	-49.99%	0.51%	4.40%	3.53%	4.98%	5.30%	15.26%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.91)	$3.69	$1.90	$3.02	$4.63	$3.66
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	67.26M	66.03M	51.92M	46.03M	42.58M	40.09M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.90)	$3.67	$1.90	$2.98	$4.53	$3.59
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	68.02M	66.42M	52.08M	46.55M	43.55M	40.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	67.73M	55.16M	48.04M	43.69M	40.82M	39.58M
Normalized Net Operating Profit after Tax (NOPAT)	125	145	234	248	130	160	136	143
Normalized NOPAT Margin	335.77%	6.69%	9.41%	9.24%	5.02%	6.63%	5.54%	5.92%
Pre Tax Income Margin	420.17%	1.28%	10.93%	12.26%	5.71%	8.15%	6.64%	7.24%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	1,453.28	62.66	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	1,250.20	46.50	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	1,149.20	60.88	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	946.12	44.72	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	3.18%	29.99%	-22.42%	0.00%	0.00%	0.00%	10.34%	14.15%
Augmented Payout Ratio	89.18%	250.04%	-22.42%	58.45%	226.52%	100.53%	80.63%	49.42%

This table displays calculated financial ratios and metrics derived from PROG's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	39,575,810.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	39,575,810.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.91
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.86%	-5.67%	-2.03%	-0.12%	3.99%	7.95%	6.58%	2.11%	-1.82%	-6.00%	11.11%
EBITDA Growth	-4.94%	-11.11%	-7.72%	-1.13%	2.67%	10.14%	9.07%	1.08%	-4.03%	-11.15%	-6.59%
EBIT Growth	49.10%	-43.35%	-47.66%	-6.10%	-10.30%	41.85%	41.45%	9.06%	8.73%	-27.60%	15.92%
NOPAT Growth	85.41%	-45.04%	-48.76%	-8.31%	147.30%	199.37%	49.42%	14.26%	-60.68%	-67.51%	20.58%
Net Income Growth	118.76%	-48.52%	-54.27%	-9.25%	139.81%	209.81%	58.05%	13.94%	-60.55%	-29.68%	3.85%
EPS Growth	137.50%	-37.68%	-51.00%	-2.53%	155.26%	209.30%	69.39%	23.38%	-57.73%	-25.56%	7.23%
Operating Cash Flow Growth	-31.59%	-117.12%	-13.78%	15.50%	-63.42%	4.32%	54.66%	26.17%	245.12%	35.02%	-18.21%
Free Cash Flow Firm Growth	-4.90%	-78.07%	-82.51%	-64.01%	-110.33%	-513.89%	-336.42%	-253.71%	532.39%	147.73%	-693.80%
Invested Capital Growth	-4.27%	-0.13%	-0.15%	-0.84%	11.95%	16.53%	11.91%	12.57%	0.32%	-4.16%	57.67%
Revenue Q/Q Growth	-1.68%	-0.94%	11.17%	-7.74%	2.36%	2.83%	9.75%	-11.61%	-1.58%	-11.72%	41.36%
EBITDA Q/Q Growth	-1.63%	-6.08%	14.78%	-6.77%	2.15%	0.76%	13.66%	-13.59%	-3.02%	-6.75%	19.55%
EBIT Q/Q Growth	-7.44%	-35.56%	12.58%	39.83%	-11.58%	1.91%	12.26%	7.82%	-11.85%	-32.38%	80.42%
NOPAT Q/Q Growth	-5.86%	-42.31%	20.24%	40.40%	153.92%	-30.17%	-39.98%	7.36%	-12.62%	-42.19%	121.47%
Net Income Q/Q Growth	-5.93%	-46.95%	18.26%	53.76%	148.60%	-31.46%	-39.67%	10.84%	-13.93%	22.18%	-10.90%
EPS Q/Q Growth	-3.80%	-43.42%	13.95%	57.14%	151.95%	-31.44%	-37.59%	14.46%	-13.68%	20.73%	-10.10%
Operating Cash Flow Q/Q Growth	81.73%	-201.31%	253.71%	-59.19%	-42.44%	-364.97%	348.47%	-66.71%	57.45%	-149.89%	412.73%
Free Cash Flow Firm Q/Q Growth	-38.44%	-69.44%	19.19%	60.51%	-117.67%	-1,124.48%	31.92%	-4.36%	149.70%	87.62%	-917.56%
Invested Capital Q/Q Growth	-3.98%	14.84%	-10.05%	-0.02%	8.40%	19.54%	-13.62%	0.56%	-3.40%	2.02%	59.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	88.33%
EBITDA Margin	76.30%	72.34%	74.69%	75.48%	75.32%	73.80%	76.44%	74.72%	73.63%	77.77%	65.77%
Operating Margin	9.42%	6.13%	6.20%	9.40%	8.12%	8.05%	8.23%	10.04%	8.99%	6.89%	8.79%
EBIT Margin	9.42%	6.13%	6.20%	9.40%	8.12%	8.05%	8.23%	10.04%	8.99%	6.89%	8.79%
Profit (Net Income) Margin	6.01%	3.22%	3.42%	5.70%	13.85%	9.23%	5.08%	6.36%	5.57%	7.70%	4.85%
Tax Burden Percent	72.78%	65.15%	69.59%	69.87%	200.64%	137.49%	73.51%	73.20%	72.56%	139.22%	75.80%
Interest Burden Percent	87.66%	80.61%	79.28%	86.82%	85.00%	83.42%	83.86%	86.58%	85.28%	80.30%	72.83%
Effective Tax Rate	27.22%	34.85%	30.41%	30.13%	-100.64%	-37.49%	26.49%	26.80%	27.44%	37.97%	23.85%
Return on Invested Capital (ROIC)	18.29%	9.34%	11.17%	16.94%	41.52%	24.49%	15.47%	18.84%	16.30%	9.83%	12.47%
ROIC Less NNEP Spread (ROIC-NNEP)	16.81%	8.34%	9.48%	15.44%	37.09%	22.17%	13.62%	17.17%	14.60%	14.98%	10.26%
Return on Net Nonoperating Assets (RNNOA)	9.61%	6.43%	5.52%	8.95%	20.18%	17.58%	7.91%	9.82%	7.37%	7.50%	8.89%
Return on Equity (ROE)	27.90%	15.78%	16.69%	25.89%	61.70%	42.07%	23.39%	28.65%	23.67%	17.32%	21.36%
Cash Return on Invested Capital (CROIC)	23.86%	15.65%	14.55%	14.81%	8.71%	5.84%	14.03%	13.94%	18.92%	18.30%	-33.11%
Operating Return on Assets (OROA)	15.43%	9.89%	10.00%	15.30%	13.38%	13.20%	14.07%	17.35%	15.07%	10.63%	12.44%
Return on Assets (ROA)	9.85%	5.19%	5.52%	9.28%	22.82%	15.14%	8.68%	11.00%	9.32%	11.88%	6.86%
Return on Common Equity (ROCE)	27.90%	15.78%	16.69%	25.89%	61.70%	42.07%	23.39%	28.65%	23.67%	17.32%	21.36%
Return on Equity Simple (ROE_SIMPLE)	26.14%	0.00%	19.27%	18.79%	25.09%	0.00%	32.09%	32.11%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	40	23	28	39	99	69	41	44	39	22	50
NOPAT Margin	6.85%	3.99%	4.32%	6.57%	16.30%	11.07%	6.05%	7.35%	6.53%	4.27%	6.70%
Net Nonoperating Expense Percent (NNEP)	1.48%	1.00%	1.69%	1.50%	4.43%	2.32%	1.86%	1.67%	1.70%	-5.15%	2.21%
Return On Investment Capital (ROIC_SIMPLE)	-	1.95%	2.35%	-	-	5.33%	3.32%	3.52%	2.99%	1.67%	2.91%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.67%
SG&A Expenses to Revenue	18.73%	22.33%	19.84%	18.22%	18.33%	19.70%	17.44%	19.22%	20.51%	16.79%	20.22%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	90.58%	93.87%	93.80%	90.60%	91.88%	91.95%	91.77%	89.96%	91.01%	93.11%	79.54%
Earnings before Interest and Taxes (EBIT)	55	35	40	56	49	50	56	61	54	36	65
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	445	418	479	447	457	460	523	452	438	409	488
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.51	2.31	2.60	2.57	3.25	2.70	1.66	1.77	1.82	1.56	1.47
Price to Tangible Book Value (P/TBV)	7.34	6.71	7.49	7.34	7.99	6.26	3.76	3.86	3.70	2.97	423.83
Price to Revenue (P/Rev)	0.62	0.57	0.63	0.63	0.85	0.71	0.43	0.47	0.51	0.48	0.46
Price to Earnings (P/E)	9.62	9.84	13.48	13.70	12.97	8.90	5.17	5.52	7.81	7.94	7.67
Dividend Yield	0.00%	0.00%	0.35%	0.69%	0.74%	1.14%	1.84%	1.70%	1.58%	1.76%	1.85%
Earnings Yield	10.40%	10.17%	7.42%	7.30%	7.71%	11.24%	19.34%	18.13%	12.81%	12.59%	13.05%
Enterprise Value to Invested Capital (EV/IC)	2.01	1.75	2.01	1.99	2.42	1.92	1.42	1.50	1.57	1.42	1.23
Enterprise Value to Revenue (EV/Rev)	0.74	0.75	0.78	0.77	1.00	0.94	0.59	0.62	0.63	0.60	0.81
Enterprise Value to EBITDA (EV/EBITDA)	0.95	0.98	1.04	1.03	1.35	1.25	0.78	0.82	0.84	0.80	1.12
Enterprise Value to EBIT (EV/EBIT)	7.13	7.99	9.82	9.91	13.46	11.82	6.94	7.19	7.16	7.02	9.28
Enterprise Value to NOPAT (EV/NOPAT)	10.09	11.29	13.95	14.18	12.78	9.80	5.92	6.15	8.19	9.86	12.88
Enterprise Value to Operating Cash Flow (EV/OCF)	7.15	8.82	10.19	9.69	17.99	16.63	6.89	6.85	5.18	4.34	6.75
Enterprise Value to Free Cash Flow (EV/FCFF)	8.25	11.19	13.81	13.38	29.32	35.46	10.67	11.36	8.33	7.57	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.99	1.00	1.01	1.02	0.94	0.99	0.91	0.89	0.85	0.80	1.21
Long-Term Debt to Equity	0.99	1.00	1.01	1.02	0.94	0.99	0.91	0.89	0.85	0.80	1.21
Financial Leverage	0.57	0.77	0.58	0.58	0.54	0.79	0.58	0.57	0.50	0.50	0.87
Leverage Ratio	2.56	2.57	2.54	2.50	2.39	2.42	2.37	2.33	2.24	2.24	2.46
Compound Leverage Factor	2.24	2.07	2.01	2.17	2.03	2.02	1.98	2.02	1.91	1.80	1.79
Debt to Total Capital	49.74%	50.04%	50.32%	50.47%	48.47%	49.74%	47.57%	47.05%	45.80%	44.35%	54.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	49.74%	50.04%	50.32%	50.47%	48.47%	49.74%	47.57%	47.05%	45.80%	44.35%	54.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	50.26%	49.96%	49.68%	49.53%	51.53%	50.26%	52.43%	52.95%	54.20%	55.65%	45.27%
Debt to EBITDA	0.31	0.32	0.33	0.33	0.33	0.35	0.31	0.31	0.32	0.33	0.52
Net Debt to EBITDA	0.16	0.24	0.19	0.19	0.21	0.30	0.20	0.20	0.16	0.16	0.49
Long-Term Debt to EBITDA	0.31	0.32	0.33	0.33	0.33	0.35	0.31	0.31	0.32	0.33	0.52
Debt to NOPAT	3.32	3.71	4.45	4.57	3.13	2.74	2.40	2.35	3.08	4.04	6.02
Net Debt to NOPAT	1.67	2.74	2.55	2.64	1.96	2.33	1.54	1.47	1.56	1.94	5.58
Long-Term Debt to NOPAT	3.32	3.71	4.45	4.57	3.13	2.74	2.40	2.35	3.08	4.04	6.02
Altman Z-Score	4.17	3.91	4.19	4.22	4.86	4.42	4.23	4.44	4.32	4.04	3.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.36	1.64	2.17	2.01	2.88	1.97	2.46	2.86	3.55	3.75	4.31
Quick Ratio	1.98	1.19	1.82	1.68	2.25	1.31	1.90	2.20	2.65	2.86	3.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	80	24	29	47	-8.25	-101	-69	-72	36	67	-547
Operating Cash Flow to CapEx	3,399.42%	-3,337.30%	6,519.36%	2,910.88%	1,564.57%	-3,726.86%	10,699.75%	3,613.81%	3,097.24%	0.00%	6,693.92%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-29.76
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.34
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.64	1.61	1.61	1.63	1.65	1.64	1.71	1.73	1.68	1.54	1.41
Accounts Receivable Turnover	43.49	36.38	40.64	41.75	39.31	33.27	38.96	41.29	38.29	31.20	10.16
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	100.13	0.00	106.17	106.04	106.67	108.17	116.30	117.99	114.20	121.77	115.39
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.66
Days Sales Outstanding (DSO)	8.39	10.03	8.98	8.74	9.29	10.97	9.37	8.84	9.53	11.70	35.92
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	557.00
Cash Conversion Cycle (CCC)	8.39	10.03	8.98	8.74	9.29	10.97	9.37	8.84	9.53	11.70	-521.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	895	1,028	925	925	1,002	1,198	1,035	1,041	1,005	1,026	1,632
Invested Capital Turnover	2.67	2.34	2.59	2.58	2.55	2.21	2.56	2.56	2.50	2.30	1.86
Increase / (Decrease) in Invested Capital	-40	-1.37	-1.39	-7.79	107	170	110	116	3.17	-44	597
Enterprise Value (EV)	1,800	1,802	1,860	1,840	2,424	2,304	1,466	1,557	1,582	1,452	2,002
Market Capitalization	1,503	1,365	1,520	1,497	2,052	1,756	1,086	1,184	1,280	1,166	1,135
Book Value per Share	$13.09	$13.22	$13.39	$13.48	$14.90	$15.65	$16.03	$16.57	$17.79	$18.87	$19.57
Tangible Book Value per Share	$4.48	$4.55	$4.65	$4.73	$6.07	$6.75	$7.07	$7.60	$8.74	$9.93	$0.07
Total Capital	1,190	1,184	1,178	1,175	1,224	1,294	1,248	1,263	1,298	1,341	1,710
Total Debt	592	592	593	593	593	644	594	594	595	595	936
Total Long-Term Debt	592	592	593	593	593	644	594	594	595	595	936
Net Debt	297	437	340	343	372	548	381	372	302	286	867
Capital Expenditures (CapEx)	2.56	2.65	2.08	1.90	2.04	2.27	1.96	1.93	3.55	-150	2.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-54	-35	-51	-63	19	35	1.52	17	50	59	395
Debt-free Net Working Capital (DFNWC)	241	120	202	187	241	131	215	239	343	368	464
Net Working Capital (NWC)	241	120	202	187	241	131	215	239	343	368	464
Net Nonoperating Expense (NNE)	4.93	4.47	5.74	5.13	15	11	6.68	5.96	5.72	-18	14
Net Nonoperating Obligations (NNO)	297	437	340	343	372	548	381	372	302	279	858
Total Depreciation and Amortization (D&A)	390	382	440	391	407	410	467	391	385	372	423
Debt-free, Cash-free Net Working Capital to Revenue	-2.21%	-1.47%	-2.12%	-2.64%	0.78%	1.42%	0.06%	0.67%	2.00%	2.44%	15.91%
Debt-free Net Working Capital to Revenue	9.86%	4.98%	8.44%	7.81%	9.95%	5.30%	8.57%	9.49%	13.67%	15.26%	18.70%
Net Working Capital to Revenue	9.86%	4.98%	8.44%	7.81%	9.95%	5.30%	8.57%	9.49%	13.67%	15.26%	18.70%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$0.45	$0.50	$0.79	$1.99	$1.35	$0.85	$0.96	$0.83	$1.02	$0.91
Adjusted Weighted Average Basic Shares Outstanding	45.52M	46.03M	43.70M	42.96M	42.26M	42.58M	40.84M	40.13M	39.70M	40.09M	39.90M
Adjusted Diluted Earnings per Share	$0.76	$0.43	$0.49	$0.77	$1.94	$1.33	$0.83	$0.95	$0.82	$0.99	$0.89
Adjusted Weighted Average Diluted Shares Outstanding	46.13M	46.55M	44.53M	43.72M	43.17M	43.55M	41.85M	40.56M	40.48M	40.86M	40.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.72M	43.69M	43.17M	42.32M	41.54M	40.82M	40.35M	39.54M	39.55M	39.58M	40.07M
Normalized Net Operating Profit after Tax (NOPAT)	40	23	28	39	34	35	41	44	39	22	45
Normalized NOPAT Margin	6.85%	3.99%	4.32%	6.57%	5.69%	5.63%	6.05%	7.35%	6.53%	4.27%	6.03%
Pre Tax Income Margin	8.25%	4.94%	4.92%	8.16%	6.90%	6.71%	6.90%	8.69%	7.67%	5.53%	6.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.55
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.70
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.41
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	4.63%	0.00%	0.00%	10.34%	9.73%	9.54%	12.57%	14.15%	14.25%
Augmented Payout Ratio	92.43%	100.53%	117.72%	117.92%	81.81%	80.63%	76.56%	69.74%	68.86%	49.42%	31.57%

Financials Breakdown Chart

Key Financial Trends

Here is a concise, four-year trend summary for PROG Holdings (PRG) based on the provided quarterly statements. The bullets highlight key points that retail investors often watch: profitability, cash flow, balance sheet strength, and liquidity signals.

Asset sale inflow in Q4 2025: The company sold property, plant & equipment for 152,436,000, generating a large cash inflow from investing activities and boosting liquidity that quarter.
Very strong gross margins in reported quarters: Total revenue and total gross profit are equal in several quarters (e.g., Q4 2025, Q3 2025, Q2 2025, Q1 2025), implying a gross margin near 100% in these reported periods.
Positive cash flow from operations in multiple years/quarters: Notable positive net cash from continuing operating activities in several periods (e.g., Q1 2025: ~$209.9M; Q2 2025: ~$69.9M; Q3 2025: ~$110.0M), suggesting ongoing cash-generation capability.
Improving cash balance through mid-2025: Cash & equivalents rose from about $213.3M in Q1 2025 to roughly $292.6M by Q3 2025, signaling improving liquidity during that span.
Stable dividend policy: The cash dividend per share is consistently $0.13 across multiple 2025 quarters, indicating a steady shareholder-return policy.
Debt levels appear manageable and relatively steady: Long-term debt sits in the mid-to-high $590M range across recent quarters, suggesting a stable debt base rather than a rapidly expanding load.
Balance sheet assets reflect ongoing noncurrent asset growth: Noncurrent assets (including goodwill and intangible assets) have grown across the period, consistent with incremental asset investment or acquisitions.
Cash flow from operations turned negative in Q4 2025: Net cash from continuing operating activities was negative in Q4 2025, signaling a short-term liquidity challenge that quarter.
2025 earnings per share softened vs. 2024: Basic EPS fell to about $0.99–$1.02 in 2025 (e.g., Q4 2025: 1.02 basic, 0.99 diluted) compared with 2024 levels around $1.33–$1.35, indicating profit pressure.
Net cash from financing activities often negative: Financing cash outflows were substantial in some periods (e.g., Q1 2025 and other quarters show sizable outflows), reflecting ongoing financing uses that can pressure liquidity if not offset by operations or asset sales.
Seasonal revenue fluctuations: Quarterly revenue tends to vary, with Q4 2025 revenue (~$525.4M) lower than Q3 2025 (~$595.1M) and other recent quarters, suggesting seasonality or cyclicality in the business.

05/21/26 02:45 PM ETAI Generated. May Contain Errors.

PROG Financials - Frequently Asked Questions

According to the most recent income statement we have on file, PROG's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

PROG's net income appears to be on an upward trend, with a most recent value of $146.79 million in 2025, falling from $196.21 million in 2018. The previous period was $197.25 million in 2024. See PROG's forecast for analyst expectations on what's next for the company.

PROG's total operating income in 2025 was $206.77 million, based on the following breakdown:

Total Gross Profit: $2.41 billion
Total Operating Expenses: $2.20 billion

Over the last 7 years, PROG's total revenue changed from $37.32 million in 2018 to $2.41 billion in 2025, a change of 6,355.9%.

PROG's total liabilities were at $863.99 million at the end of 2025, a 0.1% increase from 2024, and a 44.6% decrease since 2019.

In the past 6 years, PROG's cash and equivalents has ranged from $36.65 million in 2020 to $308.77 million in 2025, and is currently $308.77 million as of their latest financial filing in 2025.

Over the last 7 years, PROG's book value per share changed from 0.00 in 2018 to 18.87 in 2025, a change of 1,887.5%.

Related Companies

Financial statements for NYSE:PRG last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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PROG (PRG) Financials

Financials Breakdown Chart

Key Financial Trends

PROG Financials - Frequently Asked Questions

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PROG (PRG) Financials

Annual Income Statements for PROG

Quarterly Income Statements for PROG

Annual Cash Flow Statements for PROG

Quarterly Cash Flow Statements for PROG

Annual Balance Sheets for PROG

Quarterly Balance Sheets for PROG

Annual Metrics And Ratios for PROG

Quarterly Metrics And Ratios for PROG

Financials Breakdown Chart

Key Financial Trends

PROG Financials - Frequently Asked Questions

When does PROG's fiscal year end?

How has PROG's net income changed over the last 7 years?

What is PROG's operating income?

How has PROG's revenue changed over the last 7 years?

How much debt does PROG have?

How much cash does PROG have?

How has PROG's book value per share changed over the last 7 years?

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