📊 PRG Key Takeaways
Is PROG Holdings, Inc. (PRG) a Good Investment?
PROG generates robust free cash flow of $325M (13.5% FCF margin) supported by a solid balance sheet with moderate leverage, but faces significant operational headwinds evidenced by 25.6% net income decline and near-zero revenue growth (0.4%) despite stable demand in equipment rental. The company requires demonstrated margin recovery and revenue acceleration to justify investment.
Why Buy PROG Holdings, Inc. Stock? PRG Key Strengths
- Exceptional free cash flow generation of $325M annually with 13.5% FCF margin demonstrates highly efficient unit economics
- Conservative leverage with 0.80x debt/equity ratio and 5.5x interest coverage provides financial flexibility
- Strong capital efficiency with ROE of 19.7% and ROA of 9.1% despite current operational challenges
PRG Stock Risks: PROG Holdings, Inc. Investment Risks
- Severe earnings deterioration with net income down 25.6% and diluted EPS down 20.8% YoY signals margin compression or operational issues
- Stagnant revenue growth at 0.4% indicates market saturation, competitive pressures, or demand weakness in core rental business
- Abnormally low capex of $10M raises concerns about equipment fleet maintenance and renewal capability relative to asset base
Key Metrics to Watch
- Revenue growth rate and market share trends in equipment rental sector
- Operating margin stability and cost structure management
- Capital expenditure levels and relationship to depreciation/fleet replacement cycles
PROG Holdings, Inc. (PRG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
PRG Profit Margin, ROE & Profitability Analysis
PRG vs Industrial Sector: How PROG Holdings, Inc. Compares
How PROG Holdings, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is PROG Holdings, Inc. Stock Overvalued? PRG Valuation Analysis 2026
Based on fundamental analysis, PROG Holdings, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
PROG Holdings, Inc. Balance Sheet: PRG Debt, Cash & Liquidity
PRG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: PROG Holdings, Inc.'s revenue has declined by 10% over the 5-year period, indicating business contraction. The most recent EPS of $2.98 reflects profitable operations.
PRG Revenue Growth, EPS Growth & YoY Performance
PRG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $595.1M | $22.0M | $0.82 |
| Q2 2025 | $592.2M | $22.0M | $0.77 |
| Q1 2025 | $641.9M | $22.0M | $0.49 |
| Q3 2024 | $582.9M | $22.0M | $0.76 |
| Q2 2024 | $592.2M | $22.0M | $0.77 |
| Q1 2024 | $641.9M | $22.0M | $0.49 |
| Q3 2023 | $582.9M | $16.0M | $0.32 |
| Q2 2023 | $592.8M | $19.5M | $0.37 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
PROG Holdings, Inc. Dividends, Buybacks & Capital Allocation
PRG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for PROG Holdings, Inc. (CIK: 0001808834)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PRG
What is the AI rating for PRG?
PROG Holdings, Inc. (PRG) has an AI rating of HOLD with 60% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PRG's key strengths?
Claude: Exceptional free cash flow generation of $325M annually with 13.5% FCF margin demonstrates highly efficient unit economics. Conservative leverage with 0.80x debt/equity ratio and 5.5x interest coverage provides financial flexibility.
What are the risks of investing in PRG?
Claude: Severe earnings deterioration with net income down 25.6% and diluted EPS down 20.8% YoY signals margin compression or operational issues. Stagnant revenue growth at 0.4% indicates market saturation, competitive pressures, or demand weakness in core rental business.
What is PRG's revenue and growth?
PROG Holdings, Inc. reported revenue of $2.4B.
Does PRG pay dividends?
PROG Holdings, Inc. pays dividends, with $20.8M distributed to shareholders in the trailing twelve months.
Where can I find PRG SEC filings?
Official SEC filings for PROG Holdings, Inc. (CIK: 0001808834) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PRG's EPS?
PROG Holdings, Inc. has a diluted EPS of $3.59.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is PRG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, PROG Holdings, Inc. has a HOLD rating with 60% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PRG stock overvalued or undervalued?
Valuation metrics for PRG: ROE of 19.7% (sector avg: 15%), net margin of 6.1% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.
Should I buy PRG stock in 2026?
Our dual AI analysis gives PROG Holdings, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PRG's free cash flow?
PROG Holdings, Inc.'s operating cash flow is $335.0M, with capital expenditures of $10.0M. FCF margin is 13.5%.
How does PRG compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 6.1% (avg: 10%), ROE 19.7% (avg: 15%), current ratio N/A (avg: 1.8).