PROG Holdings, Inc.

NYSE PRG

PROG Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 6.55%

PROG Holdings, Inc. Net Income Margin is 6.55% for the Trailing 12 Months (TTM) ending September 30, 2024, a 2.30% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

PROG Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 6.40%, a 67.72% change year over year.
PROG Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 3.82%, a -59.19% change year over year.
PROG Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 9.35%, a 287.02% change year over year.
PROG Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -5.00%, a -198.29% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NYSE: PRG

PROG Holdings, Inc.

CEO	Mr. Steven A. Michaels
IPO Date	Nov. 4, 1982
Location	United States
Headquarters	256 West Data Drive
Employees	1,606
Sector	Consumer Discretionary
Industries Specialty Retail Credit Cards & Payments E-commerce Fintech Point-Of-Sale (POS) Restaurants Retail & Wholesale Shopping & Malls

Description

PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers lease-purchase solutions to customers for various merchandize in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets through point-of-sale and e-commerce retail partners, as well in-store, mobile, and online solutions. The Vive segment provides second-look and revolving credit products to customers that may not qualify for traditional prime lending through private label and Vive-branded credit cards. It offers lease-purchase solutions through approximately 24,000 third-party point-of-sale partner locations and e-commerce websites in 49 states and the District of Columbia. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.

Key trends

Past 5 years