← PROG Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| REVENUES: | |||||||||
| Operating Expenses | $537.1m | $357.8m | $373.5m | $397.4m | $450.4m | $451.1m | $469.2m | $445.7m | |
| Depreciation of Lease Merchandise | $1.2b | $1.4b | $1.7b | $1.8b | $1.8b | $1.6b | $1.6b | $1.6b | |
| Provision for Lease Merchandise Write-offs | $123.3m | $153.5m | $131.3m | $127.0m | $193.9m | $155.2m | $178.3m | $173.1m | |
| Gain on sale of receivables | — | — | — | — | — | $0 | $0 | $6.7m | |
| OPERATING PROFIT | $156.8m | $27.6m | $271.8m | $333.5m | $185.6m | $225.6m | $194.9m | $206.8m | |
| NET EARNINGS FROM CONTINUING OPERATIONS | $125.3m | ($24.6m) | $233.6m | $243.6m | $98.7m | $133.9m | $197.3m | $124.4m | |
| EARNINGS (LOSS) FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX | $70.9m | $56.1m | ($295.1m) | $0 | $0 | $4.9m | ($62k) | $22.4m | |
| NET EARNINGS | $196.2m | $31.5m | ($61.5m) | $243.6m | $98.7m | $138.8m | $197.2m | $146.8m | |
| Basic ( in shares) | $69.1m | $67.3m | $67.3m | $66.0m | $51.9m | $46.0m | $42.6m | $40.1m | |
| Diluted (in shares) | $70.6m | $67.3m | $68.0m | $66.4m | $52.1m | $46.5m | $43.5m | $40.9m | |
| Continuing Operations (in dollars per share) | $1.77 | ($0.37) | $3.43 | $3.67 | $1.90 | $2.88 | $4.53 | $3.04 | |
| Discontinued Operations (in dollars per share) | $1.01 | $0.83 | ($4.34) | $0.00 | $0.00 | $0.11 | $0.00 | $0.55 | |
| TOTAL BASIC EARNINGS PER SHARE (in dollars per share) | $2.84 | $0.47 | ($0.91) | $3.69 | $1.90 | $3.02 | $4.63 | $3.66 | |
| TOTAL DILUTED EARNINGS PER SHARE (in dollars per share) | $2.78 | $0.47 | ($0.90) | $3.67 | $1.90 | $2.98 | $4.53 | $3.59 | |
| Costs and Expenses | $1.9b | $2.1b | $2.2b | $2.3b | $2.4b | $2.2b | $2.3b | $2.2b | |
| Interest Expense, Net | — | — | ($187k) | ($5.3m) | ($37.4m) | ($29.4m) | ($31.3m) | ($32.3m) | |
| EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE (BENEFIT) | $156.8m | $27.6m | $271.6m | $328.2m | $148.2m | $196.2m | $163.6m | $174.5m | |
| Income Tax Expense (Benefit) | $31.5m | $52.2m | $37.9m | $84.6m | $49.5m | $57.4m | ($33.6m) | $50.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.