PROG Holdings Inc
NYSE:PRG

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PROG Holdings Inc
NYSE:PRG
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Price: 42.15 USD -2.05% Market Closed
Market Cap: 1.8B USD
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PROG Holdings Inc
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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PROG Holdings Inc
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
PROG Holdings Inc
NYSE:PRG
Accounts Payable
$11.8m
CAGR 3-Years
13%
CAGR 5-Years
-30%
CAGR 10-Years
-27%
Synchrony Financial
NYSE:SYF
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Discover Financial Services
NYSE:DFS
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
American Express Co
NYSE:AXP
Accounts Payable
$13.2B
CAGR 3-Years
11%
CAGR 5-Years
0%
CAGR 10-Years
1%
Capital One Financial Corp
NYSE:COF
Accounts Payable
$705m
CAGR 3-Years
43%
CAGR 5-Years
14%
CAGR 10-Years
11%
SoFi Technologies Inc
NASDAQ:SOFI
Accounts Payable
$272.4m
CAGR 3-Years
-15%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

PROG Holdings Inc
Glance View

Market Cap
1.8B USD
Industry
Financial Services

PROG Holdings Inc. has crafted a business model centered around empowering consumers by offering flexible financial solutions without the traditional constraints of credit. At its core is Progressive Leasing, the company's largest segment, which specializes in offering lease-to-own purchase options for customers who may not have access to traditional financing. This service is particularly popular with major retail partners, including furniture and electronics stores, allowing them to reach a broader customer base. By providing a path to ownership over time, PROG Holdings helps consumers acquire necessary items like appliances, electronics, and furniture, while simultaneously driving sales for its retail partners. The company's revenue is generated principally through rental payments from its customers, offering a financial service that aligns the interests of the retailer, consumer, and PROG Holdings itself. In addition to Progressive Leasing, PROG Holdings Inc. fosters a holistic approach through Vive Financial, its second growth engine. Vive Financial extends its reach by providing a range of credit products to consumers that bolster the entire purchase journey—beyond what traditional credit cards offer. This dual approach allows PROG Holdings to tap into varied market segments, thereby cushioning the company from economic fluctuations and keeping its pipeline diversified. By integrating data and technology, PROG Holdings enhances decision-making and risk assessment, maintaining a robust framework that has evolved with shifting market demands. The company capitalizes on both in-store and online retail ecosystems, capitalizing on consumer trends and preferences, which drives its financial performance and strengthens its market position in the dynamic world of consumer finance.

PRG Intrinsic Value
70.47 USD
Undervaluation 40%
Intrinsic Value
Price

See Also

What is PROG Holdings Inc's Accounts Payable?
Accounts Payable
11.8m USD

Based on the financial report for Sep 30, 2024, PROG Holdings Inc's Accounts Payable amounts to 11.8m USD.

What is PROG Holdings Inc's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
-27%

Over the last year, the Accounts Payable growth was -28%. The average annual Accounts Payable growth rates for PROG Holdings Inc have been 13% over the past three years , -30% over the past five years , and -27% over the past ten years .

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