PROG Holdings (PRG) Operating Margin (2019 - 2026)

PROG Holdings' (PRG) quarterly Operating Margin came in at 8.79% in Q1 2026, up 36.0% year-on-year from 6.47% in Q1 2025, and up 27.63% quarter-over-quarter from 6.89% in Q4 2025.

PROG Holdings (PRG) Operating Margin (2019 - 2026) Analysis & Trends

PROG Holdings has disclosed Operating Margin across 8 years of filings, most recently posting 8.79% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 8.79%, up 36.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.74% (up 3.0% YoY), and the FY2025 annual result was 8.58%, up 47.0% from the prior year.
  • Operating Margin came in at 8.79% for Q1 2026 at PROG Holdings, up from 6.89% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 11.61% in Q1 2023 to a low of 5.59% in Q4 2023.
  • The 5-year median for Operating Margin is 8.79% (2026), against an average of 8.3%.
  • Across the five-year window, Operating Margin plunged 830 bps in 2022 and soared 465 bps in 2023, its largest moves.
  • PROG Holdings' Operating Margin stood at 10.2% in 2022, then sank by 45 bps to 5.59% in 2023, then soared by 60 bps to 8.95% in 2024, then declined by 23 bps to 6.89% in 2025, then increased by 28 bps to 8.79% in 2026.
  • The last three Operating Margin figures came in at 8.79% (Q1 2026), 6.89% (Q4 2025), and 8.99% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 381.90%
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 0.45%
3 Avis Budget 6.65 Bn 6.24 Bn - -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 25.96%
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 17.62%
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 25.72%
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 21.86%
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 6.82%
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 PROG Holdings 1.53 Bn 1.46 Bn 680.17 Mn 8.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.79%
Dec 31, 2025 6.89%
Sep 30, 2025 8.99%
Jun 30, 2025 10.04%
Mar 31, 2025 8.43%
Dec 31, 2024 8.95%
Sep 30, 2024 8.12%
Jun 30, 2024 9.40%
Mar 31, 2024 6.20%
Dec 31, 2023 5.59%
Sep 30, 2023 9.42%
Jun 30, 2023 10.00%
Mar 31, 2023 11.61%
Dec 31, 2022 10.20%
Sep 30, 2022 5.88%
Jun 30, 2022 5.69%
Mar 31, 2022 6.96%
Dec 31, 2021 8.78%
Sep 30, 2021 12.04%
Jun 30, 2021 13.99%