PROG Holdings PRG Depreciation of lease merchandise
Depreciation of lease merchandise at other companies
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Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept prg:DepreciationOfLeaseMerchandise.
The official record: PROG Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PROG Holdings's depreciation of lease merchandise?
- PROG Holdings (PRG) reported depreciation of lease merchandise of $409.01M in Q1 2026.
- How has PROG Holdings's depreciation of lease merchandise changed year-over-year?
- PROG Holdings's depreciation of lease merchandise decreased by 11.2% year-over-year, from $460.44M to $409.01M.
- What is the long-term trend for PROG Holdings's depreciation of lease merchandise?
- Over 4 years (2021 to 2025), PROG Holdings's depreciation of lease merchandise has grown at a -3.3% compound annual growth rate (CAGR), from $1.82B to $1.59B.
- What does depreciation of lease merchandise mean?
- This represents the systematic allocation of the cost of tangible assets held for lease to customers over their estimated useful lives. It reflects the wear and tear or obsolescence of the company's primary revenue-generating inventory. High levels of this expense indicate a significant investment in lease-to-own assets that require regular replacement.