Aaron's

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.

TypePublic
Founded1955
HQAtlanta, GA, US
Websiteaarons.com
Employee Ratings3.1
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2019)12,100(+3%)
Job Openings948
Revenue (FY, 2019)$3.9 B(+4%)
Share Price (Jun 2022)$16.2(+3%)
Cybersecurity ratingBMore
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Key People/Management at Aaron's

Douglas A. Lindsay

Douglas A. Lindsay

Chief Executive Officer
Hubert L. Harris

Hubert L. Harris

Director
Charles Loudermilk

Charles Loudermilk

Chairman Emeritus
Timothy A Johnson

Timothy A Johnson

Director
Steve Olsen

Steve Olsen

President
C. Kelly Wall

C. Kelly Wall

Chief Financial Officer
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Aaron's Office Locations

Aaron's has an office in Atlanta
Atlanta, GA, US (HQ)
400 Galleria Pkwy SE #300
Show all (1)

Aaron's Financials and Metrics

Aaron's Revenue

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View revenue for all periods
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.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

3.4b3.8b3.9b

Revenue growth, %

5%13%3%

Cost of goods sold

258.9m194.0m137.3m

Gross profit

3.1b3.6b3.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

844.6m815.6m838.9m954.8m927.9m953.1m1.0b968.1m963.8m1.1b970.0m

Cost of goods sold

67.5m65.8m55.1m53.7m51.2m40.1m37.8m34.6m30.7m

Gross profit

777.1m749.9m783.8m901.1m876.6m913.0m974.3m933.5m933.2m

Gross profit Margin, %

92%92%93%94%94%96%96%96%97%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

51.0m15.3m57.8m

Accounts Receivable

99.9m98.2m104.2m

Prepaid Expenses

116.5m98.2m114.3m

PP&E

207.7m229.5m237.7m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

292.5m196.2m31.5m

Depreciation and Amortization

1.5b1.8b2.1b

Accounts Payable

(2.7m)(20.4m)20.2m

Cash From Operating Activities

159.1m356.5m317.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

53.3m89.6m115.0m52.2m90.7m134.5m56.1m98.7m138.5m(280.0m)(211.6m)

Depreciation and Amortization

382.6m747.7m1.1b462.1m900.0m1.4b527.4m1.0b1.5b25.3m50.2m

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

104.2m115.6m180.3m196.6m266.8m363.0m164.7m244.6m350.8m227.8m360.8m
USDQ1, 2017

Financial Leverage

1.7 x
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Aaron's Operating Metrics

Aaron's's Stores was reported to be 1.5 k in FY, 2019.
FY, 2017FY, 2018FY, 2019

Countries Covered

233

Retail Locations

27 k24 k25 k

Franchise Stores

551377335

Stores

1.18 k1.69 k1.5 k

Aaron's Acquisitions / Subsidiaries

Company NameDateDeal Size
SEI/Aaron's IncJuly 28, 2017$140 m
Progressive FinanceApril 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
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Aaron's Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Aaron's Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Aaron's Online and Social Media Presence

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Aaron's Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    B

    72/100

  • Compensation

    B-

    68/100

  • Diversity

    B-

    69/100

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Aaron's News and Updates

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.

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...

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…

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...

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...

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...
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Aaron's Blogs

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.

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.

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.

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!

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.

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!
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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.