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) Free cash flow margin

Alert me on Free cash flow margin

Progyny, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 13.4%, down 1.5 percentage points from fiscal 2025 (14.9%). Over the past ten years it has ranged from −20.8% (fiscal 2017) to 17.0% (fiscal 2023); the current reading is higher than 89% of that period. That is above the Healthcare Plans industry median of 3.26% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 14.9% 0.00
FY2024 14.9% (2.13)
FY2023 17.0% 7.21
FY2022 9.80% 5.02
FY2021 4.78% (5.42)
FY2020 10.2% 12.15
FY2019 −1.95% (3.56)
FY2018 1.61% 22.37
FY2017 −20.8% —

Against its own ten years

Low −20.8% High 17.0%
Ten-year median 9.80%
Current reading's percentile 89

Free cash flow margin against peers

Company Free cash flow margin
OSCR Oscar Health, Inc. compare 23.7%
PGNY Progyny, Inc. 13.4%
CLOV Clover Health Investments, Corp. compare 4.83%
CI Cigna Group compare 3.29%
ELV Elevance Health, Inc. compare 3.23%
HUM Humana Inc. compare 2.42%
CNC Centene Corporation compare 1.93%
ALHC Alignment Healthcare, Inc. compare 1.56%
MOH Molina Healthcare, Inc compare 0.54%
Healthcare Plans industry median 3.26%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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