Forensic Analysis · Professional & Commercial Services · as of Aug 11, 2026
Priority Technology Holdings, Inc. (PRTH)
A forensic read on Priority Technology Holdings, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
0.7
Distress distance
Clean
Earnings quality
5
Forensic signals
7.8
P / E (ttm)
$433M
Market cap
0.00%
Dividend yield
8.3%
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 (red flags, auditor quality, say on pay, board independence). 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.
Priority Technology Holdings, Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 0.7, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
+20.7%
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets grew +20.7% relative to their own average in FY2025 — scaled by NOA itself, not total assets (see the Forensic Screens card's differently-scaled Sloan Accrual Ratio for that read). Accruals are building sharply — a large slice of profit sits in operating assets, not cash; Richardson/Sloan link high accruals to weaker future returns as they reverse. The build is led by receivables up +34% against revenue +8%. The cash-flow cross-check is more mixed: reported earnings ran behind operating cash by 6% of net operating assets, diverging from the balance-sheet accrual read.
+1.4%/yr
FY2022–FY2025
Share-count dilution.Diluted share count changed +4% over the last 3 years to FY2025 (+1.4%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~1.4% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~4%.
stopped
FY2024→FY2025
Shareholder returns — halted.Capital returns have STOPPED — $24M of buybacks + dividends in FY2024, but ~$0 in FY2025. A halt usually means the company is conserving cash.
suspended
FY2024→FY2025
Dividend — suspended.The dividend has been SUSPENDED — $24M paid in FY2024, then $0 in FY2025. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.
13.9%
Key fundamentals
Latest Revenue$953.0M
Revenue Growth YoY+8.3%
Revenue CAGR (3yr)+12.8%
Net Margin5.8%
Free Cash Flow$75.1M
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Priority Technology Holdings, Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Aug 11, 2026. Forensic signals flag probability, not certainty.
Priority Technology Holdings, Inc. (PRTH) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
FY2025
Return on invested capital.Return on invested capital is 13.9% in the latest fiscal year and rising from 6% — a modest positive spread over its ~10% cost of capital — growth adds value, though not dramatically.