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) Return on invested capital

Alert me on Return on invested capital

Progyny, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 36.0%, up 10.1 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from 0.00% (fiscal 2018) to 25.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Healthcare Plans industry median of 5.93% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 25.9% 4.16
FY2024 21.7% 0.41
FY2023 21.3% 13.54
FY2022 7.77% (7.50)
FY2021 15.3% 6.22
FY2020 9.05% (8.80)
FY2019 17.9% 17.85
FY2018 0.00% 0.00
FY2017 0.00% —

Against its own ten years

Low 0.00% High 25.9%
Ten-year median 15.3%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
PGNY Progyny, Inc. 36.0%
HUM Humana Inc. compare 23.7%
ELV Elevance Health, Inc. compare 12.8%
CI Cigna Group compare 8.90%
CNC Centene Corporation compare 4.42%
CLOV Clover Health Investments, Corp. compare 1.99%
ALHC Alignment Healthcare, Inc. compare 0.00%
OSCR Oscar Health, Inc. compare 0.00%
MOH Molina Healthcare, Inc compare 0.00%
Healthcare Plans industry median 5.93%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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