PROG Holdings Inc

NYSE PRG

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PROG Holdings Inc Sales to Fixed Assets Ratio 2 year CAGR for the year ending December 31, 2023: 7.81%

PROG Holdings Inc Sales to Fixed Assets Ratio 2 year CAGR is 7.81% for the year ending December 31, 2023, a -55.81% change year over year. Sales to fixed assets ratio measures the revenue generated by a company relative to its fixed assets, such as property, plant, and equipment. It is calculated by dividing the revenue by the net value of fixed assets. This ratio provides insights into the efficiency of the company's fixed assets in generating sales revenue. A higher sales to fixed assets ratio suggests better sales generation from fixed assets and efficient utilization of physical infrastructure. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

PROG Holdings Inc Sales to Fixed Assets Ratio for the year ending December 31, 2022 was 72.71, a 17.13% change year over year.
PROG Holdings Inc Sales to Fixed Assets Ratio for the year ending December 31, 2021 was 62.08, a 18.23% change year over year.
PROG Holdings Inc Sales to Fixed Assets Ratio for the year ending December 31, 2020 was 52.51, a 654.01% change year over year.
PROG Holdings Inc Sales to Fixed Assets Ratio for the year ending December 31, 2019 was 6.96, a -58.26% change year over year.

NYSE: PRG

PROG Holdings Inc

CEO	Mr. Steven A. Michaels
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	256 West Data Drive, Draper, UT, United States, 84020-2315
Employees	1,606
Sector	Industrials
Industry	Rental & leasing services

Description

PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers. It operates through three segments: Progressive Leasing, Vive, and Four. The company owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial, an omnichannel provider of second-look revolving credit products. It also offers buy now pay later payment options through four interest-free installments; and Build, a credit building financial management tool. 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.

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