PGNY - Progyny, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$30.33
DETAILS
HIGH:
$35.00
LOW:
$27.00
MEDIAN:
$30.00
CONSENSUS:
$30.33
UPSIDE:
19.18%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 1,288.7 | 1,167.2 | 1,088.6 | 786.9 | 500.6 | 344.9 | 229.7 | 105.4 | 48.6 |
| Cost of Revenue | 984.2 | 913.9 | 849.8 | 619.6 | 388.5 | 274.8 | 184.2 | 86.0 | 41.2 |
| Gross Profit | 304.5 | 253.4 | 238.8 | 167.3 | 112.1 | 70.1 | 45.5 | 19.4 | 7.4 |
| Operating Expenses | |||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 219.2 | 185.9 | 176.6 | 144.0 | 79.8 | 61.7 | 35.8 | 22.9 | 18.4 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 219.2 | 185.9 | 176.6 | 144.0 | 79.8 | 61.7 | 35.8 | 22.9 | 18.4 |
| Operating Income | |||||||||
| Operating Income | 85.3 | 67.5 | 62.2 | 23.3 | 32.3 | 8.3 | 9.7 | (3.5) | (11.0) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.5 | 0.7 |
| Interest Income | 0 | 15.7 | 8.5 | 0.8 | 0.5 | 0.1 | 0 | 0 | 0 |
| Profitability | |||||||||
| EBITDA | 100.4 | 70.6 | 64.5 | 24.9 | 33.6 | 10.3 | 11.8 | (1.6) | (9.4) |
| EBIT | 95.4 | 67.5 | 62.2 | 23.3 | 32.3 | 8.3 | 9.7 | (3.5) | (11.0) |
| Income Before Tax | 95.4 | 83.2 | 70.7 | 24.4 | 32.4 | 8.7 | (8.6) | (6.9) | (12.5) |
| Income Tax Expense | 36.9 | 28.9 | 8.7 | (5.9) | (33.3) | (37.8) | 0.0 | (1.8) | (0.0) |
| Net Income | 58.5 | 54.3 | 62.0 | 30.4 | 65.8 | 46.5 | (8.6) | 0.7 | (12.5) |
| Per Share Data | |||||||||
| EPS (Basic) | 0.68 | 0.59 | 0.65 | 0.33 | 0.74 | 0.54 | -0.10 | 0.01 | -2.19 |
| EPS (Diluted) | 0.65 | 0.57 | 0.62 | 0.30 | 0.66 | 0.47 | -0.10 | 0.01 | -2.19 |
| Shares Outstanding | 85.2 | 91.5 | 95.0 | 92.2 | 89.1 | 85.7 | 83.6 | 81.6 | 5.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 112.2 | 162.3 | 97.3 | 120.1 | 91.4 | 70.3 | 80.4 | 0.1 | 4.7 |
| Short-Term Investments | 197.9 | 65.6 | 273.8 | 69.2 | 28.0 | 39.0 | 0 | 0 | 0 |
| Net Receivables | 220.3 | 235.3 | 241.9 | 240.1 | 134.6 | 75.7 | 47.1 | 23.3 | 11.4 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 21.4 | 9.4 | 27.5 | 4.5 | 0 | 0 | 0 | 0.2 | 0 |
| Total Current Assets | 551.8 | 472.7 | 640.4 | 433.9 | 258.5 | 190.2 | 132.4 | 24.5 | 16.8 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 54.9 | 29.6 | 27.8 | 15.3 | 12.8 | 12.1 | 3.1 | 0.8 | 0.6 |
| Goodwill | 20.0 | 15.5 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 |
| Intangible Assets | 6.2 | 1.3 | 0 | 0.1 | 0.6 | 1.2 | 2.4 | 3.9 | 5.3 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 16.5 | 3.0 | 3.4 | 4.0 | 2.9 | 0.6 | 0.7 | 0.3 | 0.4 |
| Total Non-Current Assets | 190.7 | 134.4 | 116.2 | 109.1 | 99.5 | 63.7 | 18.0 | 16.8 | 18.2 |
| Total Assets | 742.4 | 607.1 | 756.6 | 543.0 | 358.1 | 253.9 | 150.4 | 41.3 | 35.0 |
| Current Liabilities | |||||||||
| Account Payables | 124.1 | 95.1 | 125.4 | 109.3 | 61.4 | 43.5 | 19.4 | 15.6 | 5.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 3.6 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.4 | 7.1 |
| Other Current Liabilities | 78.3 | 19.9 | 13.1 | 8.9 | 12.3 | 7.7 | 13 | 11.6 | 6.7 |
| Total Current Liabilities | 202.4 | 168.6 | 185.9 | 159.5 | 98.8 | 77.8 | 36.2 | 30.2 | 17.8 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 0 | 4.9 |
| Total Non-Current Liabilities | 24 | 16.4 | 17.2 | 6.5 | 7.4 | 9.2 | 0 | 106.2 | 6.5 |
| Total Liabilities | 226.4 | 185.0 | 203.2 | 166.0 | 106.2 | 87.0 | 36.2 | 30.2 | 24.3 |
| Stockholders' Equity | |||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 202.8 | 144.3 | 90.0 | 27.9 | (2.4) | (68.2) | (113.5) | (104.9) | (104.6) |
| Accumulated Other Comprehensive Income | 0.5 | 0.0 | 2.8 | 0.5 | (0.1) | 0.0 | (150.4) | (0.5) | (0.1) |
| Total Stockholders' Equity | 516.0 | 422.1 | 553.4 | 377.0 | 251.8 | 166.9 | 114.3 | 11.1 | 10.7 |
| Total Liabilities & Equity | 742.4 | 607.1 | 756.6 | 543.0 | 358.1 | 253.9 | 150.4 | 41.3 | 35.0 |
| Debt Metrics | |||||||||
| Total Debt | 24 | 19.3 | 19.4 | 7.7 | 8.7 | 9.5 | 0 | 0.3 | 5.2 |
| Net Debt | (88.2) | (143.0) | (77.9) | (112.4) | (82.8) | (60.8) | (80.4) | 0.1 | 0.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 58.5 | 54.3 | 62.0 | 30.4 | 65.8 | 46.5 | (8.6) | 0.7 | (12.5) |
| Depreciation & Amortization | 4.9 | 3.2 | 2.3 | 1.6 | 1.3 | 1.9 | 2.1 | 1.9 | 1.6 |
| Stock-Based Compensation | 131.9 | 128.1 | 122.6 | 100.7 | 0 | 12.8 | 5.1 | 3.0 | 1.6 |
| Change in Working Capital | 2.8 | (11.8) | (17.4) | (59.5) | (51.3) | 7.4 | (20.0) | 0.4 | (1.4) |
| Other Non-Cash Items | 20.2 | 15.7 | 15.6 | 13.8 | 43.5 | 5.6 | 19.8 | (1.8) | 1.3 |
| Operating Cash Flow | 210.2 | 179.1 | 188.8 | 80.4 | 26.0 | 36.2 | (1.5) | 2.3 | (9.5) |
| Investing Activities | |||||||||
| Capital Expenditure | (18.4) | (5.4) | (3.6) | (3.2) | (2.1) | (1.0) | (3.0) | (0.6) | (0.6) |
| Acquisitions | (9.3) | (5.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (355.0) | (170.3) | (429.7) | (163.3) | (111.5) | (104.0) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 223.7 | 376.8 | 232.8 | 122.7 | 122.4 | 65.0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 2.5 | 0 |
| Investing Cash Flow | (159.0) | 195.8 | (200.5) | (43.9) | 8.8 | (40.0) | (2.8) | 1.9 | (0.6) |
| Financing Activities | |||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | (5.1) | (3.3) |
| Stock Repurchased | (81.7) | (300.3) | 0 | 0 | 0 | 0 | (0.2) | (3.7) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (18.9) | (9.6) | (17.2) | (12.1) | (18.0) | (8.9) | 3.8 | 0.1 | 0.0 |
| Financing Cash Flow | (99.4) | (309.9) | (11.1) | (7.9) | (13.7) | (6.2) | 84.5 | (8.7) | 11.8 |
| Cash Position | |||||||||
| Net Change in Cash | (48.1) | 65.0 | (22.8) | 28.7 | 21.1 | (10.1) | 80.3 | (4.6) | 1.7 |
| Cash at Beginning | 162.3 | 97.3 | 120.1 | 91.4 | 70.3 | 80.4 | 0.1 | 4.7 | 3.0 |
| Cash at End | 114.2 | 162.3 | 97.3 | 120.1 | 91.4 | 70.3 | 80.4 | 0.1 | 4.7 |
| Free Cash Flow | 191.8 | 173.7 | 185.2 | 77.2 | 23.9 | 35.2 | (4.5) | 1.7 | (10.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 1,288.7 | 1,167.2 | 1,088.6 | 786.9 | 500.6 | 344.9 | 229.7 | 105.4 | 48.6 |
| Gross Profit | 304.5 | 253.4 | 238.8 | 167.3 | 112.1 | 70.1 | 45.5 | 19.4 | 7.4 |
| Operating Income | 85.3 | 67.5 | 62.2 | 23.3 | 32.3 | 8.3 | 9.7 | (3.5) | (11.0) |
| Net Income | 58.5 | 54.3 | 62.0 | 30.4 | 65.8 | 46.5 | (8.6) | 0.7 | (12.5) |
| EPS (Diluted) | 0.65 | 0.57 | 0.62 | 0.30 | 0.66 | 0.47 | -0.10 | 0.01 | -2.19 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 112.2 | 162.3 | 97.3 | 120.1 | 91.4 | 70.3 | 80.4 | 0.1 | 4.7 |
| Total Assets | 742.4 | 607.1 | 756.6 | 543.0 | 358.1 | 253.9 | 150.4 | 41.3 | 35.0 |
| Total Debt | 24 | 19.3 | 19.4 | 7.7 | 8.7 | 9.5 | 0 | 0.3 | 5.2 |
| Stockholders' Equity | 516.0 | 422.1 | 553.4 | 377.0 | 251.8 | 166.9 | 114.3 | 11.1 | 10.7 |
| Cash Flow | |||||||||
| Operating Cash Flow | 210.2 | 179.1 | 188.8 | 80.4 | 26.0 | 36.2 | (1.5) | 2.3 | (9.5) |
| Capital Expenditure | (18.4) | (5.4) | (3.6) | (3.2) | (2.1) | (1.0) | (3.0) | (0.6) | (0.6) |
| Free Cash Flow | 191.8 | 173.7 | 185.2 | 77.2 | 23.9 | 35.2 | (4.5) | 1.7 | (10.1) |