Progyny, Inc.

PGNY Healthcare Healthcare Plans

Progyny, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 10.4% from fiscal 2024.

Revenue
+8.91%
EPS
+115.3%
Free cash flow
+2.72%

Quarter to September 2026, against a year earlier

34.84 0.47 +1.37%
Market cap
$2.6B
P/E
30.1×
Fwd P/E
26.4×
Dividend yield
—
F-score
8/9
Altman Z
8.89
Beneish M
−3.45
Dividend safety
n/a

Progyny, Inc. (PGNY) EV/EBITDA

Alert me on EV/EBITDA

As of 6 November 2026, Progyny, Inc. (PGNY) trades at a EV/EBITDA of 20.9×. Over the past ten years it has ranged from 10.8× (April 2026) to 436× (February 2021); the current reading is higher than 26% of that period. That is above the Healthcare Plans industry median of 12.6× and above the Healthcare sector median of 8.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 21.0× 17.96%
FY2024 17.8× (63.80%)
FY2023 49.2× (53.47%)
FY2022 106× (18.68%)
FY2021 130× (62.24%)
FY2020 344× 723.59%
FY2019 41.8× 260.17%
FY2018 11.6× 0.00%
FY2017 11.6× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 14.7× (14.45%)
Jun 2026 17.1× 51.33%
Mar 2026 11.3× (46.02%)
Dec 2025 21.0× 30.11%
28 more quarters

Against its own ten years

Low 10.8× High 436×
Ten-year median 63.1×
Current reading's percentile 26

EV/EBITDA against peers

Company EV/EBITDA
CI Cigna Group compare 8.1×
OSCR Oscar Health, Inc. compare 8.6×
ELV Elevance Health, Inc. compare 9.3×
CNC Centene Corporation compare 11.8×
HUM Humana Inc. compare 12.6×
ALHC Alignment Healthcare, Inc. compare 14.5×
MOH Molina Healthcare, Inc compare 18.2×
PGNY Progyny, Inc. 20.9×
CLOV Clover Health Investments, Corp. compare 182×
Healthcare Plans industry median 12.6×
Healthcare sector median 8.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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