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Progyny PGNY Return on invested capital

Return on invested capital at other companies

CVS Health logo
CVS HealthCVS
7.3%+2.0pp
UnitedHealth Group logo
UnitedHealth GroupUNH
12.3%-6.5pp
Organon logo
OrganonOGN
13.9%-2.2pp
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Natera, Inc.NTRA
-41.1%-10.8pp
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
-30.1%-32.9pp
Pediatrix Medical Group logo
Pediatrix Medical GroupMD
12.6%

Other financials

Income statement

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Revenue$350.5M+5.3%
Gross profit$89.3M+13.1%
Operating income$40.0M+64.2%
Net income$28.1M+63.9%
EPS (diluted)$0.34+78.9%

Balance sheet

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Cash & equivalents$152.6M+15.2%
Total debt$27.0M-5.8%
Total equity$453.3M-12.0%
Total assets$715.8M-5.9%

Cash flow

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Operating cash flow$50.4M-9.2%
CapEx$6.2M+18.0%
Free cash flow$44.2M-12.0%

Valuation

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Market cap$2.37B+17.5%
Enterprise value$2.24B+17.3%
P/E30.1×-7.8×
P/S1.8×+0.2×

Profitability

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Gross margin24.6%+2.2pp
Operating margin8.6%+2.4pp
Net margin6%+1.7pp
FCF margin13.6%-1.7pp

Returns & leverage

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Return on equity16.2%+5.3pp
Debt / equity0.1×0.0×
Current ratio2.1×-0.6×

Where this comes from

Calculated from Progyny’s reported figures.

Based on trailing twelve months.

The source filing: Progyny’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 9:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001551306-26-000140

FAQ

What is Progyny's return on invested capital?
Progyny (PGNY) reported return on invested capital of 19.9% in Q2 2026.
How has Progyny's return on invested capital changed year-over-year?
Progyny's return on invested capital increased by 72.6% year-over-year, from 11.5% to 19.9%.
What is the long-term trend for Progyny's return on invested capital?
Over 5 years (2020 to 2025), Progyny's return on invested capital has grown at a 5.7% compound annual growth rate (CAGR), from 11.1% to 14.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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