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Forensic Analysis · Professional & Commercial Services · as of Nov 9, 2026

Prog Holdings, Inc. (PRG)

A forensic read on Prog Holdings, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

B · Sound & dependable
Forensic grade
Clean
Earnings quality
1
Forensic signals
21.0%
ROE
0.4%
Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Prog Holdings, Inc. earns a B (Sound & dependable) forensic quality grade. 1 forensic signal was flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

13.2%
FY2025
Return on invested capital. Return on invested capital is 13.2% in the latest fiscal year and slipping across FY2023–FY2025 from 15.0%. After-tax operating profit was $155M in FY2023 and $147M in FY2025, with operating income at 9.3% of revenue in FY2023, 8.1% in FY2024 and 8.6% in FY2025. The capital base behind it went from $1.0B in FY2023 to $1.1B in FY2025 (+9%), while the revenue it carried went from $2.3B to $2.4B.

Key fundamentals

Latest Revenue$2.41B
Revenue Growth YoY+0.4%
Revenue CAGR (2yr)+1.5%
Net Margin6.1%
Free Cash Flow$324.9M
Return on Equity21.0%
Debt / Equity0.80x

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Data from SEC EDGAR public filings · metrics as of Nov 9, 2026. Forensic signals flag probability, not certainty.

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