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Progyny PGNY Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin24.6%+2.2pp24.1%+2.1pp23.6%+1.9pp22.9%+1.3pp22.3%+0.3pp
Operating margin8.6%+2.4pp7.5%+1.4pp6.6%+0.8pp6.8%+1.0pp6.2%-0.1pp
Net margin6%+1.7pp5.2%+0.9pp4.5%-0.1pp4.5%-0.6pp4.3%-1.3pp
Returns
Return on equity16.2%+5.3pp14.9%+4.8pp12.5%+1.3pp11.4%-0.7pp10.9%-2.6pp
Return on invested capital19.9%+8.4pp17.1%+6.9pp14.7%+3.0pp12.5%+0.1pp11.5%-3.5pp
Efficiency
Asset turnover1.8×+0.1×1.8×+0.2×1.9×+0.2×1.7×+0.1×1.7×+0.1×
Liquidity
Current ratio2.1×-0.6×2.1×-0.3×2.7×-0.1×+0.3×2.7×+0.1×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA-1.1×+0.2×-1×0.0×-0.9×+1.1×-1.2×-0.1×-1.3×-0.3×
Per Share
Book value per share$5.52-4.0%$5.18-0.9%$5.77+21.5%$6.21+33.9%$5.75+23.2%
Valuation
Market capitalization$2.37B+17.5%$1.39B-27.1%$2.21B+50.7%$1.85B+17.6%$1.82B-34.0%
Price / earnings30.1×-7.8×20.5×-15.8×37.8×+10.8×32.7×+5.2×34.3×-9.7×
Price / sales1.8×+0.2×1.1×-0.5×1.7×+0.5×1.5×+0.1×1.5×-1.0×
Price / book5.2×+1.3×3.2×-0.9×4.3×+0.8×3.3×-0.3×3.5×-2.5×
EV / EBITDA19×-4.6×12.6×-11.2×23.6×+4.8×19.3×-2.6×21.3×-15.1×

FAQ

What are Progyny's profit margins?
Progyny (PGNY) runs a 24.6% gross margin and a 8.6% operating margin, with a 6.0% net margin.
Where do Progyny's ratios come from?
Every ratio is computed from Progyny's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.