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PROG Holdings (FRA:AZD) Pretax Margin % : 4.92% (As of Mar. 2024)


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What is PROG Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PROG Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €29 Mil. PROG Holdings's Revenue for the three months ended in Mar. 2024 was €591 Mil. Therefore, PROG Holdings's pretax margin for the quarter that ended in Mar. 2024 was 4.92%.

The historical rank and industry rank for PROG Holdings's Pretax Margin % or its related term are showing as below:

FRA:AZD' s Pretax Margin % Range Over the Past 10 Years
Min: 1.28   Med: 6.95   Max: 12.26
Current: 6.69


FRA:AZD's Pretax Margin % is ranked better than
54.43% of 1060 companies
in the Business Services industry
Industry Median: 5.47 vs FRA:AZD: 6.69

PROG Holdings Pretax Margin % Historical Data

The historical data trend for PROG Holdings's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PROG Holdings Pretax Margin % Chart

PROG Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 10.93 12.26 5.71 8.15

PROG Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.32 8.77 8.25 4.94 4.92

Competitive Comparison of PROG Holdings's Pretax Margin %

For the Rental & Leasing Services subindustry, PROG Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PROG Holdings's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PROG Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where PROG Holdings's Pretax Margin % falls into.



PROG Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

PROG Holdings's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=179.935/2208.378
=8.15 %

PROG Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=29.042/590.52
=4.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PROG Holdings  (FRA:AZD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


PROG Holdings Pretax Margin % Related Terms

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PROG Holdings (FRA:AZD) Business Description

Traded in Other Exchanges
Address
256 West Data Drive, Draper, UT, USA, 84020-2315
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.

PROG Holdings (FRA:AZD) Headlines

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