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MARKETS / NYSE / PRG
NYSE · SERVICES-EQUIPMENT RENTAL & LEASING, NEC · LARGE CAP

Prog Holdings, Inc. PRG

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.4B
▲ 0.4% YoY
$146.8M
▼ 25.6% YoY
$324.9M
▲ 149.5% YoY
In brief

What this company does

PROG Holdings is a financial technology holding company that provides payment options to consumers. As of December 31, 2025, it had two operating segments, Progressive Leasing and Four. The Progressive Leasing segment provides in-store, app-based and e-commerce point-of-sale lease-to-own solutions through approximately 24,000 third-party POS partner locations and e-commerce websites in 45 states, the District of Columbia and Puerto Rico. The Progressive Leasing segment accounted for approximately 96% of the company's consolidated revenues for the year ended December 31, 2025. The Four segment enables consumers to pay for purchases over time through short-term, interest-free installment Buy Now, Pay Later plans. As of December 31, 2025, its employee count was 1,151 for Progressive Leasing, 15 for Four and 69 for Other, the majority of which were full-time employees.

Written from the business description in PROG Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth
USD 2.4B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.4 · Net income 0.1
1B2B20182019202020212022202320242025
Compound annual growth
−2.5%
−0.6%
+14.1%
+23.6%
+25.8%
−31.7%
+38.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −0.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.6% · Net 6.1%
5%10%-1%-2%20182019202020212022202320242025
ROE
FY2025 · ROE 21.0%
10%20%30%-2%-4%20182019202020212022202320242025

Each USD of equity produced 21 cents of profit this year.

Cash & shareholders
USD 70.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 324.9
200M20182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 20.8 · Net buybacks 50.1
80M160MDividendsNet buybacks20182019202020212022202320242025

USD 20.8M in dividends and USD 50.1M in buybacks — 48% of the year's profit went back to shareholders.

Total assetsUSD 1.6B
EquityUSD 746.4M
CashUSD 308.8M
Gross debtUSD 594.9M
Net debtUSD 286.1M

Net debt stands at 38% of equity.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B2.42.42.32.62.72.52.22.0
Operating income $B0.20.20.20.20.30.30.00.2
EBITDA $B0.20.20.20.20.30.30.00.2
Income tax $B0.1−0.00.10.00.10.00.10.0
Net income $B0.10.20.10.10.2−0.10.00.2
Free cash flow $B0.30.10.20.20.20.40.20.3
EPS, diluted $3.594.532.981.903.67−0.900.472.78
Dividend / sh $0.520.48···0.170.140.12
Payout %1410000−22303
ROE %21.031.823.915.829.2−4.51.811.1

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 34 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Equipment Rental & Leasing, NEC
Listed onNYSE
Incorporated inGeorgia
Fiscal year endsDecember 31
Data on record since2018

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