Aaron's
- Stores1.5 KFY, 2019
- Revenue$3.9 BFY, 2019
- Market Capitalization$509.4 M2022-06-24
OverviewSuggest Edit
Aaron's is an omnichannel provider of lease-purchase solutions. The сompany is engaged in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances, and accessories through its сompany-operated and franchised stores, as well as its e-commerce platform.
| Type | Public | |
| Founded | 1955 | |
| HQ | Atlanta, GA, US | Map |
| Website | aarons.com | |
| Employee Ratings | ||
| Overall Culture | B+ | More |
Recent NewsAll News
- United States Rent-to-Own Market Report 2021 Featuring Rent-A-Center, Aaron's, goeasy, FlexShopper - Forecast to 2025
- Aaron's Names Three New Independent Board Members
- Global Consumer Goods and General Rental Centers Market Report 2021 Featuring Aaron's, Outerwall, Rent-A-Center, Home Essentials & LOVEFiLM
- Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business
Key People/Management at Aaron's
Douglas A. Lindsay
Chief Executive Officer
Hubert L. Harris
Director
Charles Loudermilk
Chairman Emeritus
Timothy A Johnson
Director
Steve Olsen
President
C. Kelly Wall
Chief Financial Officer
Aaron's Office Locations
Aaron's has an office in Atlanta
Atlanta, GA, US (HQ)
400 Galleria Pkwy SE #300
Aaron's Financials and Metrics
Aaron's Revenue
Aaron's's revenue was reported to be $3.95 b in FY, 2019 which is a 3.1% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2020) | 970.0m |
Market capitalization (24-Jun-2022) | 509.4m |
Closing stock price (24-Jun-2022) | 16.2 |
Cash (30-Jun-2020) | 313.1m |
EV | 817.8m |
Aaron's's current market capitalization is $509.4 m.
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 844.6m | 815.6m | 838.9m | 954.8m | 927.9m | 953.1m | 1.0b | 968.1m | 963.8m | 1.1b | 970.0m |
Cost of goods sold | 67.5m | 65.8m | 55.1m | 53.7m | 51.2m | 40.1m | 37.8m | 34.6m | 30.7m | ||
Gross profit | 777.1m | 749.9m | 783.8m | 901.1m | 876.6m | 913.0m | 974.3m | 933.5m | 933.2m | ||
Gross profit Margin, % | 92% | 92% | 93% | 94% | 94% | 96% | 96% | 96% | 97% |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 348.5m | 260.3m | 126.3m | 189.4m | 94.3m | 35.0m | 124.2m | 100.2m | 150.3m | 551.0m | 313.1m |
Accounts Receivable | 93.7m | 84.8m | 92.2m | 81.4m | 84.3m | 92.3m | 84.0m | 85.3m | 93.1m | 87.4m | 79.9m |
Prepaid Expenses | 120.9m | 138.9m | 151.7m | 117.6m | 119.2m | 116.4m | 92.5m | 104.9m | 111.5m | 105.2m | 113.9m |
PP&E | 204.4m | 200.8m | 205.5m | 207.4m | 207.0m | 216.3m | 228.9m | 233.1m | 230.3m |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 53.3m | 89.6m | 115.0m | 52.2m | 90.7m | 134.5m | 56.1m | 98.7m | 138.5m | (280.0m) | (211.6m) |
Depreciation and Amortization | 382.6m | 747.7m | 1.1b | 462.1m | 900.0m | 1.4b | 527.4m | 1.0b | 1.5b | 25.3m | 50.2m |
Accounts Payable | 12.5m | (16.9m) | 21.5m | (21.6m) | (36.2m) | 8.0m | (1.9m) | (21.5m) | 5.8m | (43.6m) | (19.7m) |
Cash From Operating Activities | 104.2m | 115.6m | 180.3m | 196.6m | 266.8m | 363.0m | 164.7m | 244.6m | 350.8m | 227.8m | 360.8m |
- Source: SEC Filings
| USD | Q1, 2017 |
|---|---|
Financial Leverage | 1.7 x |
Aaron's Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| SEI/Aaron's Inc | July 28, 2017 | $140 m |
| Progressive Finance | April 15, 2014 | |
| 99LTO | ||
| Aaron Investment Company | ||
| Aaron’s Canada | ||
| Aaron’s Foundation | ||
| Aaron’s Logistics | ||
| Aaron’s Procurement Company | ||
| Aaron's Production Company | ||
| Aaron's Progressive Holdings Company |
Aaron's Revenue Breakdown
Aaron's revenue breakdown by business segment: 45.2% from Aaron's Business, 53.9% from Progressive Leasing and 0.9% from Other
Aaron's Cybersecurity Score
Aaron's Environment, Social & Governance (ESG) Ratings
Aaron's Online and Social Media Presence
94.09k Twitter followers
Aaron's has 94.09k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.4% quarter over quarter
Aaron's's Trends
Twitter Engagement Stats for @AaronsInc
13.6k
Tweets
895
Following
94.1k
Followers
27
Tweets last 30 days
1.1
Avg. likes per Tweet
66.7%
Tweets with engagement
Aaron's Company Culture
Overall Culture
B+
73/100
CEO Rating
B
72/100
Compensation
B-
68/100
Diversity
B-
69/100
Aaron's News and Updates
September 24, 2021
United States Rent-to-Own Market Report 2021 Featuring Rent-A-Center, Aaron's, goeasy, FlexShopper - Forecast to 2025
Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "The US Rent-to-Own Market: Size and Forecasts with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.
April 16, 2021
Aaron's Names Three New Independent Board Members
ATLANTA, April 16, 2021 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading technology-enabled omnichannel provider of lease-to-own and purchase solutions, today announced the appointment of Laura N. Bailey, Timothy A. Johnson (TJ) and Marvonia P. Moore (Marvy) to its Board...
February 05, 2021
Global Consumer Goods and General Rental Centers Market Report 2021 Featuring Aaron's, Outerwall, Rent-A-Center, Home Essentials & LOVEFiLM
Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Consumer Goods and General Rental Centers Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Consumer Goods and General Rental Centers Global Market Report 2021: COVID-19 Impact…
November 17, 2020
Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business
ATLANTA, Nov. 17, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease-purchase solutions, today announced that its Board of Directors has established November 27, 2020 as the record date and November 30, 2020 as the...
November 06, 2020
Aaron's Holdings Directors Raise Dividend By 12.5%
ATLANTA, Nov. 5, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.045 per share and declared such dividend payable...
March 24, 2020
AAN Stock: Berger Montague Investigates Securities Fraud Class Action Claims Against Aaron's, Inc. (NYSE: AAN); Lead Plaintiff Deadline is April 28, 2020
PHILADELPHIA, March 24, 2020 /PRNewswire/ -- Berger Montague is investigating securities fraud claims against Aaron's, Inc. ("Aaron's" or the "Company") on behalf of all purchasers of Aaron's common stock (NYSE: AAN) between March 2, 2018 and February 19, 2020 (the "Class Period"). If you...
Aaron's Blogs
May 10, 2022
How a Dehumidifier Can Save You Money
Central air conditioning systems already do reduce humidity inside homes,
but you might want to consider helping it along by adding a dehumidifier.
April 21, 2022
Budget-Friendly Gift Ideas for Mother’s Day
Moms want you to be smart with your spending, but it’s still important to
celebrate her in a way that makes her feel recognized and special! Check
out these ideas you can rent to own on your budget.
April 14, 2022
How to Spend Less on Gas for Your Car
Gas prices have soared alongside the prices of absolutely everything else
and we’re all feeling like we need to make a better effort at purchasing
less of it. Here are the latest tips on how to do just that.
March 24, 2022
I Can Rent to Own a WHAT?!
Did you know you can rent to own more than just practical items for your
home? Browse through these links to unexpected products you never
considered renting to own!
March 17, 2022
Budget-Friendly Traditional Irish Recipes for St. Patrick’s Day
Go beyond drinking green drinks, eating green sweets, and wearing green
clothes and try some traditional Irish foods.
March 08, 2022
How to Make an Inexpensive Centerpiece of Paper Shamrocks
These vibrant green paper shamrocks will bring a little bit of the Emerald
Isle to your home just in time for St. Patrick’s Day. The supplies cost
about $5 or less!
Aaron's Frequently Asked Questions
When was Aaron's founded?
Aaron's was founded in 1955.
Who are Aaron's key executives?
Aaron's's key executives are Douglas A. Lindsay, Hubert L. Harris and Charles Loudermilk.
How many employees does Aaron's have?
Aaron's has 12,100 employees.
What is Aaron's revenue?
Latest Aaron's annual revenue is $3.9 b.
What is Aaron's revenue per employee?
Latest Aaron's revenue per employee is $326.3 k.
Who are Aaron's competitors?
Competitors of Aaron's include FlexShopper, RollOverStock and Electroban.
Where is Aaron's headquarters?
Aaron's headquarters is located at 400 Galleria Pkwy SE #300, Atlanta.
Where are Aaron's offices?
Aaron's has an office in Atlanta.
How many offices does Aaron's have?
Aaron's has 1 office.
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