PRG
9/9 ScorePROG Holdings, Inc.
Analysis Date: March 4, 2026
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 Vive-branded credit cards. It offers lease-purchase solutions through approximately 24,000 third-party point-of-sale partner locations and e-commerce websites in 49 states and the District of Columbia. 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.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 21.2%
High ROIC
Return on Invested Capital > 9%
Value: 10.2%
Cash Machine
FCF / Assets > 5%
Value: 0.20
Fair Valuation
Earnings Yield > 3.5%
Value: 11.3%
Share Buybacks
Share Count is Dropping
Value: -5.9%
Defensible Moat
Gross Profit Margin > 40%
Value: 84.9%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Industrials
Conservative Debt
Debt to Equity < 1.5
Value: 0.82x
Consistent Growth
5-Year Growth is Positive
Value: 5.0%
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