PROG Holdings, Inc.
PROG Holdings, Inc. (PRG) is listed on NYSE and classified in Rental & Leasing Services, part of the Industrials sector. It is headquartered in Draper, United States and has 1,235 employees. The company is worth $1.27B and trades at 9.8x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $2.41B in fiscal 2025, up 0.4% from the year before. Net income was $146.79M. The share price is 33.3% below its 52-week high of $47.73. It pays a dividend yielding 1.76%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $12.18M. In that quarter, 2 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -31.3% over 5Y.
today you would have $799.32▼ -20.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 8 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $29.49 | $42.26 | $30.91 | $16.89 | $45.11 | $53.87 | $48.44 | $35.67 | |
| P/E | 10.4x | 8.2x | 9.3x | 10.4x | 8.9x | 12.3x | — | 103.1x | 12.8x |
| P/S | 0.8x | 0.5x | 0.7x | 0.6x | 0.3x | 0.9x | 1.5x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 1.8% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 10.4 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 8.0% a year against a 12.9% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CRAICra International Inc | $200.94 | 24.4x | 6.9x | 1.13% | 26.02% | $1.26B |
| CCECCapital Clean Energy Carriers Corp. | $20.41 | 12.3x | 0.8x | 2.94% | 6.59% | $1.23B |
| LYNXLyntris Inc. | $11.33 | — | 22.0x | 0.00% | — | $1.31B |
| ULCCFrontier Group Holdings, Inc. | $5.30 |
| 1.5x |
| 1.2x |
| P/B | 2.1x | 1.6x | 2.7x | 2.3x | 1.4x | 3.7x | 3.7x | 1.9x | 1.4x |
| EPS | $3.59 | $4.53 | $2.98 | $1.90 | $3.67 | -$0.90 | $0.47 | $2.78 |
| Dividend yield | 0.30% | 1.76% | 1.14% | — | — | — | 0.26% | 0.25% | 0.30% |
| Payout | 12.54% | 14.48% | 10.60% | — | — | — | — | 26.17% | 3.81% |
| Profit margin | 6.01% | 6.09% | 8.22% | 5.93% | 3.80% | 9.10% | -2.47% | 1.45% | 9.64% |
| ROE | 18.48% | 19.67% | 30.33% | 23.48% | 17.30% | 35.85% | -6.23% | 1.81% | 11.14% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+94.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 9.0x |
| 0.00% |
| -120.25% |
| $1.22B |
| LZLegalzoom.com Inc | $7.12 | 71.2x | 9.4x | 0.00% | 10.49% | $1.22B |
| HAWKHawkEye 360, Inc. | $12.44 | — | 1.5x | 0.00% | — | $1.22B |