Flagship explainer

What drives PROG HOLDINGS, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity21%Tax burden84%net income ÷ pretax incomeInterest burden84%pretax ÷ operating incomeOperating margin9%operating income ÷ revenueAsset turnover1.54×revenue ÷ average assetsEquity multiplier2.24×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$147MFY2025
Income before tax$175MFY2025
Operating income$207MFY2025
$2.4BFY2025
Ending assets$1.6BFY2025
Beginning assets$1.5BFY2024
$746MFY2025
$650MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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