PRGPROG Holdings, Inc.

$39.75

Is it safe?

Can PRG take a bad year?

PROG Holdings, Inc. carries $802M of net debt at 3.11× EBITDA: a load its earnings can carry.

$802M

Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.11×

Net debt / EBITDA

Interest cover
3.75×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
48%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ2 2026
$887M
Cash and short-term investments
$85M
Net debt
$802M
EBITDA, trailing twelve months
$258M
Operating profit, trailing twelve months
$221M
Debt / equity
1.10×
Total debt / EBITDA
3.44×
Annualised volatilitytwo years of daily moves
48%
Worst drawdown on file
−81%
Below its 52-week high
−16%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.