PROG Holdings, Inc.

PRGNYSEIndustrials● Active

$36.10

+$0.85(+2.41%)

Market Cap$1.4B

P/E Ratio—

52W High$41.14

52W Low$25.8

Avg Volume503K

Open$35.67

Beta1.83

Free Cash Flow Financials Revenue

PROG Holdings, Inc. (PRG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PRG · free cash flow · updated Jun 8, 2026

Core FCF metrics

PRG · FCF · TTM · margin & CAGR

Free cash flow was $324.9M for FY2025 (fiscal year ending 2025-12-31), up 149.5% year-over-year The FCF margin was 13.5%. Five-year CAGR stands at -3.7%.

FY2025 Free Cash Flow$324.9M▲ +149.5% YoY

Trailing 12M (TTM)$285.5Mtrailing 4 quarters sum

FCF Margin13.5%$324.9M ÷ revenue

3-Year CAGR+11.8%FY2022 → FY2025

5-Year CAGR-3.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PRG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$335.0M(10M)$324.9M▲ +149.5%13.5%

FY2024$138.5M(8M)$130.2M▼ 33.1%5.3%

FY2023$204.2M(10M)$194.6M▼ 16.4%8.1%

FY2022$242.5M(10M)$232.8M▼ 1.5%9.0%

FY2021$246.0M(10M)$236.4M▼ 39.6%8.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PRG · P/FCF · FCF yield · FCF per share

PROG Holdings, Inc. (PRG) trades at a FCF yield of 19.76% and a price-to-free-cash-flow ratio of 5.1x. FCF per share stands at $7.12, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

19.76%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.12

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

PRG · cash flow statement · operating / investing / financing

For FY2025, PROG Holdings, Inc. generated $335.0M in operating cash flow and spent 10M in capital expenditures, yielding $324.9M in free cash flow.

Operating Activities

+$335.0M

Cash from core business operations

2025-12-31

Investing Activities

+$6.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$128.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($335.0M) − |CapEx| (10M) = FCF ($324.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

PRG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

PROG Holdings, Inc.YOU

PRG

$324.9M+149.5%13.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

PROG Holdings, Inc. (PRG) reported free cash flow of $324.9M for FY2025 (fiscal year ending 2025-12-31), up 149.5% year-over-year. The FCF margin was 13.5%.

Based on available data, PROG Holdings, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $408.0M in FY2016. The 5-year CAGR stands at -3.7%.

PROG Holdings, Inc.'s FCF yield is 19.76% and price-to-FCF ratio is 5.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PRG free cash flow · 8 questions

PROG Holdings, Inc. free cash flow was $324.9M for FY2025, up 149.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $285.5M.

PRG free cash flowPRG FCFPRG FCF 2025PRG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · PROG Holdings, Inc. · PROG Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026