PROG Net Income from 2010 to 2024

PRG Stock  USD 48.08  0.65  1.37%   
PROG Holdings' Net Income is increasing over the last several years with stable swings. Net Income is predicted to flatten to about 81.8 M. During the period from 2010 to 2024 PROG Holdings Net Income regressed destribution of quarterly values had coefficient of variationof  56.69 and r-value of  0.23. View All Fundamentals
 
Net Income  
First Reported
1989-12-31
Previous Quarter
33.8 M
Current Value
84 M
Quarterly Volatility
36.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PROG Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PROG Holdings' main balance sheet or income statement drivers, such as Interest Expense of 30.9 M, Total Revenue of 1.5 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0017 or PTB Ratio of 2.29. PROG financial statements analysis is a perfect complement when working with PROG Holdings Valuation or Volatility modules.
  
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

Latest PROG Holdings' Net Income Growth Pattern

Below is the plot of the Net Income of PROG Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in PROG Holdings financial statement analysis. It represents the amount of money remaining after all of PROG Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is PROG Holdings' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PROG Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 138.84 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

PROG Net Income Regression Statistics

Arithmetic Mean138,881,702
Geometric Mean105,852,502
Coefficient Of Variation56.69
Mean Deviation59,328,771
Median135,709,000
Standard Deviation78,726,633
Sample Variance6197.9T
Range286.7M
R-Value0.23
Mean Square Error6332T
R-Squared0.05
Significance0.42
Slope3,988,513
Total Sum of Squares86770.4T

PROG Net Income History

202481.8 M
2023138.8 M
202298.7 M
2021243.6 M
2020233.6 M
201931.5 M
2018196.2 M

Other Fundumenentals of PROG Holdings

PROG Holdings Net Income component correlations

About PROG Holdings Financial Statements

PROG Holdings stakeholders use historical fundamental indicators, such as PROG Holdings' Net Income, to determine how well the company is positioned to perform in the future. Although PROG Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in PROG Holdings' assets and liabilities are reflected in the revenues and expenses on PROG Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PROG Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income138.8 M81 M
Net Income Applicable To Common Shares88.8 M107.6 M
Net Income From Continuing Ops138.8 M137.4 M
Net Income Per Share 3.02  3.17 
Net Income Per E B T 0.71  0.51 

Currently Active Assets on Macroaxis

When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PROG Holdings. If investors know PROG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PROG Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.553
Dividend Share
0.36
Earnings Share
3.61
Revenue Per Share
55.825
Quarterly Revenue Growth
0.04
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.