PROG Holdings, Inc. (PRG)
NYSEFinancialsFinancial - Credit ServicesSnapshot 2026-09-04
$39.29+2.13%
Close 2026-09-04 · 1-day change
NYSEFinancialsFinancial - Credit ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · PRG
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 3 guided quarters · 93.0% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on growing consolidated revenue through Progressive Leasing, Four Technologies, and Purchasing Power segments.
Stated as a priority in 3 of last 3 quarters. Consolidated revenue grew from $574.6M in 2025-Q4 to $742.7M in 2026-Q1 (+29.2%). Management raised full-year 2026 revenue guidance to $3.0B-$3.1B, up from prior $2.95B-$3.07B. The trajectory is delivering consistent growth aligned with stated targets.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 55% of the time over the next year (vs 62% for the rest of the cohort, n=10246).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We are raising our full-year 2026 outlook for revenue and earnings as well as providing guidance for the third quarter of 2026.”
“We have increased our full-year 2026 outlook, providing a positive start towards the three-year 2028 compound annual growth targets.”
“We are confident that our three-pillared strategy to grow, enhance, and expand across our product ecosystem will support sustainable growth.”
Continue paying quarterly cash dividends to shareholders at consistent or increasing levels.
Maintained as a priority in 4 of last 4 quarters. Quarterly dividend per share increased from $0.13 in 2025-Q4 to $0.14 in 2026-Q1 and was declared again at $0.14 in 2026-Q2. The company is consistently delivering on its dividend payment commitment.
“Board declared a quarterly cash dividend of $0.14 per share payable September 3, 2026.”
“Board declared a quarterly cash dividend of $0.14 per share payable June 2, 2026.”
“Paid a quarterly cash dividend of $0.13 per share.”
“Paid a quarterly cash dividend of $0.13 per share.”
Focus on increasing operating income and adjusted EBITDA through operational efficiency and growth.
Stated as a priority in 3 of last 3 quarters. Adjusted EBITDA increased from $61.5M in 2025-Q4 to $90.3M in 2026-Q1 (+46.8%). Operating income rose from $37.6M in 2025-Q4 to $65.6M in 2026-Q2. The company is delivering improved profitability consistent with management's focus.
“Operating income was $65.6 million and net income was $37.0 million.”
“Adjusted EBITDA from continuing operations was $90.3 million, up 29.2% from prior year.”
“Adjusted EBITDA from continuing operations was $61.5 million, or 10.7% of revenues.”
Prioritize debt reduction and improve balance sheet leverage following the Purchasing Power acquisition.
Stated in 2 of last 3 quarters. Debt rose to $943.7M at 2026-Q1 due to Purchasing Power acquisition, then reduced by $254.9M. Net leverage ratio improved to 2.0x. Management is delivering on deleveraging commitment post-acquisition.
“Reduced debt by $254.9 million since the acquisition of Purchasing Power.”
“Ended the quarter with gross debt of $600 million and cash of $308.8 million.”
Grow customer engagement and lifetime value by enhancing integration across Progressive Leasing, Four, MoneyApp, and Purchasing Power.
Stated in 2 of last 3 quarters. Four Technologies GMV grew 133.6% in 2026-Q1 while Progressive Leasing GMV declined 2.2%. Management highlights cross-product engagement driving higher customer lifetime value. The trajectory shows progress but mixed segment performance.
“Momentum in our ecosystem with increasing engagement across products driving higher customer lifetime value.”
“Four and MoneyApp drove incremental Leasing volume through cross-sell, and PROG Marketplace nearly tripled GMV.”
Over the trailing year it converted 3.85x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 56% for the rest of the cohort, n=6844).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
17 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=2797).
Not investment advice. As of 2026-09-04.