PROG Historical Income Statement

PRG Stock  USD 29.17  0.69  2.42%   
Historical analysis of PROG Holdings income statement accounts such as Operating Income of 230.9 M, Ebit of 174.5 M, EBITDA of 185.2 M or Total Operating Expenses of 1.2 B can show how well PROG Holdings performed in making a profits. Evaluating PROG Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PROG Holdings's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining PROG Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PROG Holdings is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

About PROG Income Statement Analysis

PROG Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to PROG Holdings shareholders. The income statement also shows PROG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

PROG Holdings Income Statement Chart

At this time, PROG Holdings' Operating Income is most likely to increase significantly in the upcoming years. The PROG Holdings' current EBIT is estimated to increase to about 174.5 M, while Other Operating Expenses is projected to decrease to roughly 1.4 B.

Total Revenue

Total revenue comprises all receipts PROG Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PROG Holdings. It is also known as PROG Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from PROG Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PROG Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from PROG Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PROG Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.At this time, PROG Holdings' Operating Income is most likely to increase significantly in the upcoming years. The PROG Holdings' current EBIT is estimated to increase to about 174.5 M, while Other Operating Expenses is projected to decrease to roughly 1.4 B.
 2022 2023 2024 2025 (projected)
Total Revenue2.6B2.4B2.5B1.5B
Interest Expense37.4M29.4M38.8M40.8M

PROG Holdings income statement Correlations

0.180.320.20.260.00.050.12-0.240.00.1-0.430.060.110.410.060.37-0.640.16-0.83-0.18-0.4-0.58-0.6
0.180.711.00.390.510.740.910.46-0.410.280.230.480.45-0.160.150.280.17-0.040.210.050.150.240.29
0.320.710.730.150.510.670.710.03-0.430.12-0.110.410.55-0.440.620.2-0.10.060.05-0.110.490.4-0.17
0.21.00.730.410.550.760.920.4-0.450.230.220.470.44-0.190.180.270.16-0.010.190.010.180.260.28
0.260.390.150.410.690.150.47-0.23-0.71-0.340.15-0.33-0.20.09-0.14-0.07-0.020.37-0.22-0.55-0.15-0.020.13
0.00.510.510.550.690.510.53-0.2-0.99-0.320.16-0.13-0.09-0.260.24-0.130.07-0.050.18-0.510.20.340.11
0.050.740.670.760.150.510.510.17-0.42-0.030.240.780.55-0.550.30.230.40.050.18-0.140.490.430.39
0.120.910.710.920.470.530.510.34-0.460.240.110.20.36-0.170.210.210.080.020.290.070.180.310.2
-0.240.460.030.4-0.23-0.20.170.340.330.770.370.330.420.22-0.360.170.22-0.350.410.6-0.17-0.070.25
0.0-0.41-0.43-0.45-0.71-0.99-0.42-0.460.330.41-0.10.230.20.23-0.220.17-0.010.05-0.140.56-0.16-0.34-0.08
0.10.280.120.23-0.34-0.32-0.030.240.770.41-0.290.20.360.43-0.360.34-0.24-0.490.170.84-0.36-0.24-0.25
-0.430.23-0.110.220.150.160.240.110.37-0.1-0.290.160.09-0.22-0.06-0.290.590.180.33-0.390.210.220.59
0.060.480.410.47-0.33-0.130.780.20.330.230.20.160.7-0.440.180.350.40.090.070.210.410.250.36
0.110.450.550.44-0.2-0.090.550.360.420.20.360.090.7-0.410.190.340.230.20.080.250.450.260.11
0.41-0.16-0.44-0.190.09-0.26-0.55-0.170.220.230.43-0.22-0.44-0.41-0.67-0.01-0.64-0.44-0.350.24-0.98-0.78-0.49
0.060.150.620.18-0.140.240.30.21-0.36-0.22-0.36-0.060.180.19-0.670.020.060.28-0.04-0.280.720.35-0.03
0.370.280.20.27-0.07-0.130.230.210.170.170.34-0.290.350.34-0.010.020.160.14-0.120.340.02-0.160.05
-0.640.17-0.10.16-0.020.070.40.080.22-0.01-0.240.590.40.23-0.640.060.160.360.53-0.010.590.470.88
0.16-0.040.06-0.010.37-0.050.050.02-0.350.05-0.490.180.090.2-0.440.280.140.36-0.39-0.460.440.110.26
-0.830.210.050.19-0.220.180.180.290.41-0.140.170.330.070.08-0.35-0.04-0.120.53-0.390.350.360.660.48
-0.180.05-0.110.01-0.55-0.51-0.140.070.60.560.84-0.390.210.250.24-0.280.34-0.01-0.460.35-0.2-0.140.0
-0.40.150.490.18-0.150.20.490.18-0.17-0.16-0.360.210.410.45-0.980.720.020.590.440.36-0.20.780.4
-0.580.240.40.26-0.020.340.430.31-0.07-0.34-0.240.220.250.26-0.780.35-0.160.470.110.66-0.140.780.4
-0.60.29-0.170.280.130.110.390.20.25-0.08-0.250.590.360.11-0.49-0.030.050.880.260.480.00.40.4
Click cells to compare fundamentals

PROG Holdings Account Relationship Matchups

PROG Holdings income statement Accounts

202020212022202320242025 (projected)
Interest Expense187K5.3M37.4M29.4M38.8M40.8M
Total Revenue2.5B2.7B2.6B2.4B2.5B1.5B
Gross Profit607.6M823.7M807.9M832.0M2.5B2.6B
Other Operating Expenses2.2B2.3B2.4B2.2B2.3B1.4B
Operating Income271.8M333.5M1.9B225.6M194.9M230.9M
Ebit85.7M299.3M153.5M225.6M167.9M174.5M
Ebitda271.8M333.5M185.6M1.8B194.9M185.2M
Total Operating Expenses2.2B2.3B2.4B606.3M2.3B1.2B
Income Before Tax271.6M328.2M148.2M196.2M163.6M119.0M
Total Other Income Expense Net(187K)(5.3M)(37.4M)(29.4M)(31.3M)(32.9M)
Net Income233.6M243.6M98.7M138.8M197.2M207.1M
Income Tax Expense37.9M84.6M49.5M57.4M(33.6M)(32.0M)
Depreciation And Amortization186.1M34.2M32.2M1.6B27.0M25.6M
Selling General Administrative835K274.4M281.6M421.3M275.2M498.9M
Cost Of Revenue1.9B1.9B1.8B1.6B1.8B1.9B
Selling And Marketing Expenses6.6M17.5M15.8M17.2M49.3M26.6M
Research Development2.9M3.4M4.9M5.5M4.9M4.1M
Tax Provision37.9M84.6M49.5M57.4M(33.6M)(32.0M)
Interest Income187K5.3M37.4M9.3M7.5M12.1M
Net Income Applicable To Common Shares31.5M(61.5M)243.6M98.7M88.8M107.6M
Net Interest Income(187K)(5.3M)(49.9M)(40.7M)(42.3M)(40.2M)
Net Income From Continuing Ops233.6M243.6M98.7M138.8M197.2M139.7M
Reconciled Depreciation93.8M33.3M33.9M32.0M27.0M50.2M

Currently Active Assets on Macroaxis

When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PROG Holdings. If investors know PROG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PROG Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.316
Dividend Share
0.48
Earnings Share
4.53
Revenue Per Share
57.85
Quarterly Revenue Growth
0.08
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.