PROG Holdings, Inc. (PRG)

PROG Holdings, Inc. engages in the provision of lease-purchase solutions. It offers retail sale and lease ownership of furniture, home appliances, consumer electronics, and accessories through its franchised stores and e-commerce platform. It operates through the following segments: Progressive Leasing, Vive, and Four. The Progressive segment offers lease-to-own ownership of durable goods. The Vive segment provides services to customers who may not qualify to purchase goods and services from merchants. The Four segment includes provision of credit backgrounds with Buy Now, Pay Later “BNPL”. The company was founded in 1955 and is headquartered in Draper, UT.

Address

256 W. DATA DRIVE
DRAPER, UT 84020

Founded

1955

Number of Employees

1,420

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - $567,373 $223,611 $139,561 $61,175 $247,930
Average Price - - - - - - - $48.86 $25.64 $29.75 $33.79 $36.96
# Shares Purchased - - - - - - - 11,611,178 8,720,223 4,691,274 1,810,562 6,708,309
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - -5.9% 79.4% 54.6% 36.1% 24.5%
S&P 500 Return to Date - - - - - - - 31.7% 37.3% 31.3% 7.4% 26.9%
Excess Total Return - - - - - - - -37.5% 42.1% 23.3% 28.7% -2.5%
Quartile Rank
Percentile Rank - - - - - - - 41% 89% 86% 93% 58%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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