PROG Holdings, Inc.

PROG Holdings, Inc.verified

PRG

Price:

$47.43

Market Cap:

$1.97B

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 Vi...[Read more]

Industry

Rental & Leasing Services

IPO Date

1982-11-04

Stock Exchange

NYSE

Ticker

PRG

The Current Ratio as of November 2024 (TTM) for PROG Holdings, Inc. (PRG) is 5.02

According to PROG Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.02. This represents a change of -17.51% compared to the average of 6.09 of the last 4 quarters.

PROG Holdings, Inc. (PRG) Historical Current Ratio (quarterly & annually)

How has PRG Current Ratio performed in the past?

The mean historical Current Ratio of PROG Holdings, Inc. over the last ten years is 4.26. The current 5.02 Current Ratio has changed 11.67% with respect to the historical average. Over the past ten years (40 quarters), PRG's Current Ratio was at its highest in in the March 2024 quarter at 7.08. The Current Ratio was at its lowest in in the December 2019 quarter at 3.13.

Quarterly (TTM)
Annual

Average

4.26

Median

3.74

Minimum

2.24

Maximum

6.62

PROG Holdings, Inc. (PRG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PROG Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 98.25%

Maximum Annual Current Ratio = 6.62

Minimum Annual Increase = -62.98%

Minimum Annual Current Ratio = 2.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.24-62.98%
20226.06-3.14%
20216.26-5.58%
20206.6298.25%
20193.34-10.29%
20183.724.58%
20173.566.71%
20163.34-11.01%
20153.750.12%
20143.750.23%

PROG Holdings, Inc. (PRG) Average Current Ratio

How has PRG Current Ratio performed in the past?

The current Current Ratio of PROG Holdings, Inc. (PRG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.85

5-year avg

4.90

10-year avg

4.26

PROG Holdings, Inc. (PRG) Current Ratio vs. Peers

How is PRG’s Current Ratio compared to its peers?

PROG Holdings, Inc.’s Current Ratio is greater than The Aaron's Company, Inc. (2.95), greater than Adtalem Global Education Inc. (0.94), greater than Enerpac Tool Group Corp. (2.88), less than Piper Sandler Companies (30.82), greater than CURO Group Holdings Corp. (2.07),

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