PROG Holdings annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
PROG Holdings Debt-to-Equity Ratio Growth & History (PRG)
PROG Holdings's debt-to-equity ratio was 0.81 for fiscal 2025.
View full PROG Holdings company overviewPROG Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.81 | −0.20 | −19.90% |
| 2024 | 2024-12-31 | 1.01 | −0.02 | −2.07% |
| 2023 | 2023-12-31 | 1.03 | −0.04 | −4.16% |
| 2022 | 2022-12-31 | 1.07 | 0.17 | +18.52% |
| 2021 | 2021-12-31 | 0.91 | 0.82 | +1022.72% |
| 2020 | 2020-12-31 | 0.08 | 0.06 | +313.17% |
| 2019 | 2019-12-31 | 0.02 | — | — |
PROG Holdings quarterly debt-to-equity ratio
Q4.19
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.10 | 0.20 | +22.07% |
| Q1 2026 | 2026-03-31 | 1.21 | 0.29 | +30.98% |
| Q4 2025 | 2025-12-31 | 0.81 | −0.20 | −19.90% |
| Q3 2025 | 2025-09-30 | 0.86 | −0.10 | −10.75% |
| Q2 2025 | 2025-06-30 | 0.90 | −0.14 | −13.43% |
| Q1 2025 | 2025-03-31 | 0.92 | −0.12 | −11.11% |
| Q4 2024 | 2024-12-31 | 1.01 | −0.02 | −2.07% |
| Q3 2024 | 2024-09-30 | 0.96 | −0.06 | −5.74% |
| Q2 2024 | 2024-06-30 | 1.04 | 0.01 | +1.45% |
| Q1 2024 | 2024-03-31 | 1.04 | −0.01 | −0.62% |
| Q4 2023 | 2023-12-31 | 1.03 | −0.04 | −4.16% |
| Q3 2023 | 2023-09-30 | 1.02 | −0.06 | −5.90% |
| Q2 2023 | 2023-06-30 | 1.03 | −0.08 | −6.81% |
| Q1 2023 | 2023-03-31 | 1.04 | 0.07 | +7.61% |
| Q4 2022 | 2022-12-31 | 1.07 | 0.17 | +18.52% |
| Q3 2022 | 2022-09-30 | 1.08 | 1.01 | +1431.44% |
| Q2 2022 | 2022-06-30 | 1.10 | 1.03 | +1417.95% |
| Q1 2022 | 2022-03-31 | 0.97 | 0.90 | +1183.87% |
| Q4 2021 | 2021-12-31 | 0.91 | 0.82 | +1022.72% |
| Q3 2021 | 2021-09-30 | 0.07 | −0.30 | −80.86% |
| Q2 2021 | 2021-06-30 | 0.07 | — | — |
| Q1 2021 | 2021-03-31 | 0.08 | — | — |
| Q4 2020 | 2020-12-31 | 0.08 | 0.06 | +313.17% |
| Q3 2020 | 2020-09-30 | 0.37 | — | — |
| Q4 2019 | 2019-12-31 | 0.02 | — | — |
PROG Holdings debt-to-equity ratio trends
Over the last five fiscal years, PROG Holdings's debt-to-equity ratio increased from 0.08 to 0.81, a change of 0.73. The latest reported quarter, Q2 2026, shows 1.10.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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