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PRG

9/9 Score

PROG 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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