PRG Financials Prog Holdings, Inc.

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has declined 0.6% per year over the past 5 years.
Operating margin has contracted, at 8.6% in the latest year.
Free cash flow has declined 3.7% per year over the past 5 years.

Financial health

Total debt ($595M) exceeds cash ($309M); net debt is $286M.
Total debt has grown faster than revenue (64.1% vs -0.6% per year).
Operating income covered interest expense 4.2× in the latest year.
Total debt is 2.6× EBITDA.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 14.1% of earnings and 6.4% of free cash flow.
The dividend has grown 8.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$2.4B	$147M	0.0%	8.6%	$325M	$595M	$309M
2024	$2.4B	$197M	0.0%	8.1%	$130M	$644M	$91M
2023	$2.3B	$139M	0.0%	9.3%	$195M	$592M	$155M
2022	$2.6B	$99M	0.0%	7.1%	$233M	$591M	$132M
2021	$2.7B	$244M	0.0%	12.5%	$236M	$590M	$170M
2020	$2.5B	-$61M	0.0%	10.9%	$392M	$50M	$37M
2019	$2.2B	$31M	0.0%	1.3%	$224M	—	$58M
2018	$2.0B	$196M	0.0%	7.7%	$278M	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$117M	$36M	46.5%	55.9%	$169M	$936M	$69M
Dec '25	—	$40M	—	—	-$57M	$595M	$309M
Sep '25	—	$33M	—	—	$106M	—	$293M
Jun '25	—	$38M	—	—	$68M	—	$222M
Mar '25	$4M	$35M	100.0%	1517.4%	$208M	—	$213M
Dec '24	—	$58M	—	—	-$87M	$644M	$91M
Sep '24	—	$84M	—	—	$30M	—	$222M
Jun '24	—	$34M	—	—	$53M	—	$250M
Mar '24	—	$22M	—	—	$134M	—	$253M
Dec '23	—	$19M	—	—	-$91M	$592M	$155M
Sep '23	—	$35M	—	—	$85M	—	$295M
Jun '23	—	$37M	—	—	$45M	—	$253M
Mar '23	—	$48M	—	—	$156M	—	$250M
Dec '22	—	$36M	—	—	-$43M	$591M	$132M
Sep '22	—	$16M	—	—	$125M	—	$222M
Jun '22	—	$19M	—	—	$54M	—	$127M
Mar '22	—	$27M	—	—	$96M	—	$184M
Dec '21	—	$38M	—	—	-$52M	$590M	$170M
Sep '21	—	$57M	—	—	$54M	—	$129M
Jun '21	—	$69M	—	—	$69M	—	$138M

Valuation over time

How the market has priced PRG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 9.7× (Mar '23) to 11.8× (Jun '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.7× (Jun '26).
The dividend yield has fallen from 1.2% (Dec '24) to 1.2% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is PRG growing its revenue and profit?

Over the past 5 years, Prog Holdings, Inc.'s revenue has declined 0.6% per year. These are computed facts, not advice.

How much debt does PRG have?

As of FY2025, Prog Holdings, Inc. reported $595M of total debt against $309M of cash; operating income covered interest expense 4.2×.

What is PRG's profit margin?

In FY2025, gross margin was —, operating margin 8.6%, and net margin 6.1%.

What is PRG's P/E ratio?

As of Jun '26, Prog Holdings, Inc. traded at a price-to-earnings ratio of about 11.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.