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The Progressive Corporation(PGR)Earnings, Financials & Key Ratios
PGR•NYSE•Insurance & Managed Care
$197.74
$115.9B mkt cap·13.7× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryPersonal auto and homeowners insurers
AboutThe Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.Show more
- Revenue$75.34B+21.4%
- Combined Ratio85.78%-6.9%
- Net Income$8.48B+117.3%
- Return on Equity36.98%+71.3%
- Medical Cost Ratio72.26%-10.8%
- Operating Margin14.22%+80.0%
- Net Margin11.26%+79.0%
- ROA8.72%+83.4%
- Equity / Assets24.2%+5.9%
- Book Value per Share43.54+26.2%
- Tangible BV/Share39.82+27.4%
- Debt/Equity0.27-20.7%
PGR Key Insights
The Progressive Corporation (PGR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Profitable underwriting: 85.8% combined ratio
- ✓Excellent 3Y average ROE of 20.9%
- ✓Strong 5Y profit CAGR of 16.4%
- ✓Strong Piotroski F-Score: 7/9
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PGR Price & Volume
The Progressive Corporation (PGR) stock price & volume — 10-year historical chart
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PGR Growth Metrics
The Progressive Corporation (PGR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.54%
5 Years14.08%
3 Years16.48%
TTM18.37%
Profit CAGR
10 Years20.8%
5 Years16.39%
3 Years36.27%
TTM32.08%
EPS CAGR
10 Years20.95%
5 Years16.47%
3 Years36.52%
TTM32.49%
Return on Capital
10 Years7.76%
5 Years7.66%
3 Years6.12%
Last Year11.02%
PGR Recent Earnings
The Progressive Corporation (PGR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 15, 2026EPS
$4.96
Est $4.85
+2.3%
Revenue
$23.6B
Est $23.0B
+2.9%
Q1 2026
Jan 28, 2026EPS
$4.67
Est $4.44
+5.2%
Revenue
$19.5B
Est $20.3B
-3.9%
Q4 2025
Oct 15, 2025EPS
$4.05
Est $4.99
-18.8%
Revenue
$22.5B
Est $21.8B
+3.3%
Q3 2025
Jul 16, 2025EPS
$4.88
Est $4.48
+8.9%
Revenue
$22.0B
Est $20.5B
+7.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 15, 2026 | $4.96vs $4.85+2.3% | $23.6Bvs $23.0B+2.9% |
| Q1 2026 | Jan 28, 2026 | $4.67vs $4.44+5.2% | $19.5Bvs $20.3B-3.9% |
| Q4 2025 | Oct 15, 2025 | $4.05vs $4.99-18.8% | $22.5Bvs $21.8B+3.3% |
| Q3 2025 | Jul 16, 2025 | $4.88vs $4.48+8.9% | $22.0Bvs $20.5B+7.5% |
Based on last 12 quarters of dataView full earnings history →
PGR Peer Comparison
The Progressive Corporation (PGR) competitors in Personal auto and homeowners insurers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ALL | 56.25B | 218.51 | 5.72 | 4.64% | 18.09% | 42.74% | 17.57% | 0.24 |
 TRV | 65.17B | 301.39 | 10.99 | 5.17% | 12.88% | 19.12% | 0.28 | |
 HIG | 36.89B | 134.15 | 10.07 | 7.1% | 14.13% | 22.01% | 15.59% | 0.23 |
 ERIE | 10.22B | 221.24 | 20.83 | 7.17% | 13.2% | 25.03% | 5.59% | |
 KMPR | 1.98B | 32.87 | 6.70 | -5.74% | 5.14% | 9.14% | 16.66% | 0.50 |
 MKL | 22.08B | 1764.81 | 10.43 | -0.96% | 10.7% | 9.56% | 11.57% | 0.23 |
 WRB | 24.9B | 66.49 | 14.94 | 7.82% | 12.1% | 18.86% | 13.93% | 0.29 |
 CNA | 12.05B | 44.53 | 9.49 | 5.1% | 8.69% | 11.65% | 19.96% | 0.27 |
Compare PGR vs Peers
The Progressive Corporation (PGR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PGR Income Statement
The Progressive Corporation (PGR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.42B | 26.82B | 31.95B | 39B | 42.64B | 47.68B | 49.59B | 62.08B | 75.34B | 85.18B |
| Revenue Growth % | 12.41% | 14.51% | 19.16% | 22.04% | 9.33% | 11.82% | 4.01% | 25.2% | 21.36% | 18.37% |
| Medical Costs & Claims | 18.74B | 20.93B | 24.29B | 28.49B | 28.39B | 37.34B | 42.04B | 50.32B | 54.44B | 62.78B |
| Medical Cost Ratio % | 80.04% | 78.06% | 76.03% | 73.07% | 66.6% | 78.32% | 84.78% | 81.05% | 72.26% | 73.7% |
| Gross Profit | 4.67B▲ 0% | 5.88B▲ 25.9% | 7.66B▲ 30.2% | 10.5B▲ 37.1% | 14.24B▲ 35.6% | 10.34B▼ 27.4% | 7.55B▼ 27.0% | 11.76B▲ 55.9% | 20.9B▲ 77.7% | 22.4B▲ 0% |
| Gross Margin % | 19.96% | 21.94% | 23.97% | 26.93% | 33.4% | 21.68% | 15.22% | 18.95% | 27.74% | 26.3% |
| Gross Profit Growth % | -3.39% | 25.87% | 30.2% | 37.13% | 35.6% | -27.43% | -26.98% | 55.86% | 77.68% | - |
| Operating Expenses | 3.2B | 3.74B | 4.5B | 5.34B | 7.07B | 6.13B | 6.63B | 6.86B | 10.19B | 8.89B |
| OpEx / Revenue % | 13.68% | 13.96% | 14.07% | 13.7% | 16.58% | 12.85% | 13.36% | 11.05% | 13.52% | 10.44% |
| Depreciation & Amortization | 199.5M | 236.1M | 262.4M | 306.1M | 331.8M | 337.4M | 306M | 285M | 284M | 305.8M |
| Combined Ratio % | 93.72% | 92.02% | 90.1% | 86.77% | 83.18% | 91.17% | 98.14% | 92.1% | 85.78% | 84.14% |
| Operating Income | 1.47B▲ 0% | 2.14B▲ 45.4% | 3.16B▲ 47.9% | 5.16B▲ 63.1% | 7.17B▲ 39.0% | 4.21B▼ 41.3% | 922M▼ 78.1% | 4.9B▲ 431.9% | 10.71B▲ 118.5% | 13.51B▲ 0% |
| Operating Margin % | 6.28% | 7.98% | 9.9% | 13.23% | 16.82% | 8.83% | 1.86% | 7.9% | 14.22% | 15.86% |
| Operating Income Growth % | -23.06% | 45.43% | 47.91% | 63.11% | 39.01% | -41.31% | -78.1% | 431.89% | 118.45% | - |
| EBITDA | 1.67B | 2.38B | 3.43B | 5.47B | 7.5B | 4.55B | 1.23B | 5.19B | 11B | 13.81B |
| EBITDA Margin % | 7.13% | 8.86% | 10.72% | 14.02% | 17.6% | 9.54% | 2.48% | 8.36% | 14.6% | 16.22% |
| Interest Expense | 140.9M | 153.1M | 166.5M | 189.7M | 217M | 218.6M | 244M | 268M | 279M | 278.9M |
| Non-Operating Income | -140.9M | -153.1M | -166.5M | -189.7M | -217M | -218.6M | -244M | -268M | -279M | -278.9M |
| Pretax Income | 1.47B▲ 0% | 2.14B▲ 45.4% | 3.16B▲ 47.9% | 5.16B▲ 63.1% | 7.17B▲ 39.0% | 4.21B▼ 41.3% | 922M▼ 78.1% | 4.9B▲ 431.9% | 10.71B▲ 118.5% | 13.51B▲ 0% |
| Pretax Margin % | 6.28% | 7.98% | 9.9% | 13.23% | 16.82% | 8.83% | 1.86% | 7.9% | 14.22% | 15.86% |
| Income Tax | 413.5M | 540.8M | 542.6M | 1.18B | 1.47B | 859.1M | 200M | 1B | 2.23B | 2.8B |
| Effective Tax Rate % | 28.12% | 25.28% | 17.15% | 22.87% | 20.47% | 20.41% | 21.69% | 20.41% | 20.84% | 20.69% |
| Net Income | 1.03B▲ 0% | 1.59B▲ 54.4% | 2.62B▲ 64.3% | 3.97B▲ 51.8% | 5.7B▲ 43.7% | 3.35B▼ 41.3% | 722M▼ 78.5% | 3.9B▲ 440.6% | 8.48B▲ 117.3% | 10.71B▲ 0% |
| Net Margin % | 4.4% | 5.94% | 8.18% | 10.18% | 13.38% | 7.03% | 1.46% | 6.29% | 11.26% | 12.58% |
| Net Income Growth % | -18.67% | 54.43% | 64.26% | 51.81% | 43.68% | -41.26% | -78.45% | 440.58% | 117.27% | 32.08% |
| EPS (Diluted) | 1.76▲ 0% | 2.72▲ 54.5% | 4.46▲ 64.0% | 6.72▲ 50.7% | 9.66▲ 43.8% | 5.66▼ 41.4% | 1.18▼ 79.2% | 6.58▲ 457.6% | 14.40▲ 118.8% | 18.21▲ 0% |
| EPS Growth % | -18.14% | 54.55% | 63.97% | 50.67% | 43.75% | -41.41% | -79.15% | 457.63% | 118.84% | 32.49% |
| EPS (Basic) | 1.77 | 2.74 | 4.49 | 6.75 | 9.71 | 5.69 | 1.19 | 6.61 | 14.45 | - |
| Diluted Shares Outstanding | 585M | 585.7M | 586.7M | 587.2M | 587.6M | 587.1M | 587.1M | 587.5M | 587.7M | 588.2M |
PGR Balance Sheet
The Progressive Corporation (PGR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 33.43B | 38.7B | 46.58B | 54.91B | 64.1B | 71.13B | 75.47B | 88.69B | 105.75B | 121.53B |
| Asset Growth % | 12.1% | 15.78% | 20.35% | 17.9% | 16.73% | 10.97% | 6.09% | 17.53% | 19.23% | 71.08% |
| Total Investment Assets | 0 | 0 | 0 | 0 | 0 | 96.33B | 103.06B | 128.17B | 156.2B | 4M |
| Long-Term Investments | -19.82B | -23.07B | -29.91B | -34.91B | -42.03B | 51.51B | 53.55B | 66B | 80.25B | 336.38B |
| Short-Term Investments | 19.82B | 23.07B | 29.91B | 34.91B | 42.03B | 44.82B | 49.51B | 62.17B | 75.95B | 10.18B |
| Total Current Assets | 24.71B | 28.96B | 36.78B | 46.65B | 54.65B | 59.84B | 66.26B | 79.56B | 23.32B | 31.2B |
| Cash & Equivalents | 211.5M | 265M | 69.5M | 226.2M | 76.5M | 187.1M | 203.5M | 85M | 143M | 173M |
| Receivables | 4.51B | 5.42B | 6.5B | 10.89B | 12.18B | 14.38B | 16.25B | 17.05B | 19.13B | 81.62B |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72.25B | 0 |
| Goodwill & Intangibles | 882.2M | 819.3M | 747.3M | 681M | 624.1M | 570M | 314.2M | 1.92B | 2.19B | 8.53B |
| Goodwill | 449.4M | 452.7M | 452.7M | 452.7M | 452.7M | 452.7M | 227.9M | 228M | 228M | 0 |
| Intangible Assets | 432.8M | 366.6M | 294.6M | 228.3M | 171.4M | 117.3M | 86.3M | 1.69B | 1.96B | 2.16B |
| PP&E (Net) | 1.18B | 1.12B | 1.13B | 1.21B | 1.11B | 1.14B | 1.03B | 881M | 790M | 790M |
| Other Assets | 26.48B | 30.87B | 37.78B | 41.28B | 49.74B | -41.93B | -45.69B | -59.66B | -804M | -7.13B |
| Total Liabilities | 25.47B | 29.42B | 35.75B | 41.24B | 47.06B | 52.9B | 59.57B | 68.41B | 80.15B | 86.09B |
| Total Debt | 3.15B | 3.31B | 4.4B | 4.91B | 5.4B | 4.9B | 6.39B | 6.89B | 6.89B | 6.9B |
| Net Debt | 2.94B | 3.04B | 4.34B | 4.68B | 5.32B | 4.71B | 6.18B | 6.8B | 6.75B | 6.72B |
| Long-Term Debt | 3.15B | 37.1M | 3.91B | 4.41B | 5.4B | 4.9B | 6.39B | 6.89B | 6.89B | 6.9B |
| Short-Term Debt | 0 | 3.27B | 499.1M | 499.4M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 2.5B | 6.75B | 5.55B | 5.12B | 4.96B | 6.07B | 5.53B | 0 | 0 | 0 |
| Accounts Payable | 2.5B | 3.48B | 5.05B | 4.62B | 4.96B | 6.07B | 5.53B | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 |
| Other Liabilities | 19.72B | 22.49B | 26.3B | 31.6B | 36.4B | 41.78B | 47.65B | 61.52B | 73.26B | 79.19B |
| Total Equity | 7.96B▲ 0% | 9.28B▲ 16.7% | 10.82B▲ 16.6% | 13.67B▲ 26.3% | 17.04B▲ 24.6% | 18.23B▲ 7.0% | 15.89B▼ 12.8% | 20.28B▲ 27.6% | 25.59B▲ 26.2% | 35.45B▲ 0% |
| Equity Growth % | 9.16% | 16.69% | 16.55% | 26.35% | 24.61% | 7% | -12.84% | 27.6% | 26.21% | 129.15% |
| Shareholders Equity | 7.96B | 9.28B | 10.82B | 13.67B | 17.04B | 18.23B | 15.89B | 20.28B | 25.59B | 35.45B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 5.14B | 6.03B | 8.39B | 10.68B | 13.35B | 15.34B | 15.72B | 18.8B | 24.28B | 32.44B |
| Common Stock | 579.9M | 581.7M | 583.2M | 584.6M | 585.2M | 584.4M | 584.9M | 585M | 586M | 586M |
| Accumulated OCI | 933.4M | 1.28B | -120.9M | 341.7M | 931.7M | 40.7M | -2.8B | -1.62B | -1.42B | 189M |
| Return on Equity (ROE) | 13.52% | 18.47% | 26.01% | 32.42% | 37.15% | 19% | 4.23% | 21.58% | 36.98% | 30.23% |
| Return on Assets (ROA) | 3.26% | 4.41% | 6.13% | 7.82% | 9.59% | 4.96% | 0.98% | 4.76% | 8.72% | 8.82% |
| Equity / Assets | 23.8% | 23.99% | 23.24% | 24.9% | 26.58% | 25.63% | 21.06% | 22.86% | 24.2% | 29.16% |
| Debt / Equity | 0.40x | 0.36x | 0.41x | 0.36x | 0.32x | 0.27x | 0.40x | 0.34x | 0.27x | 0.27x |
| Book Value per Share | 13.60 | 15.85 | 18.45 | 23.29 | 29.00 | 31.05 | 27.07 | 34.51 | 43.54 | 60.26 |
| Tangible BV per Share | 12.09 | 14.45 | 17.17 | 22.13 | 27.93 | 30.08 | 26.53 | 31.25 | 39.82 | 56.58 |
PGR Cash Flow Statement
The Progressive Corporation (PGR) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.7B | 3.76B | 6.28B | 6.26B | 6.91B | 7.76B | 6.85B | 10.64B | 15.12B | 15.12B |
| Operating CF Growth % | 17.84% | 39.04% | 67.29% | -0.37% | 10.28% | 12.4% | -11.76% | 55.4% | 42.05% | 81.2% |
| Operating CF / Revenue % | 11.54% | 14.01% | 19.67% | 16.06% | 16.2% | 16.28% | 13.81% | 17.14% | 20.07% | 17.75% |
| Net Income | 1.06B | 1.6B | 2.62B | 3.98B | 5.7B | 3.35B | 721.5M | 3.9B | 8.48B | 10.71B |
| Depreciation & Amortization | 199.5M | 236.1M | 262.4M | 306.1M | 331.8M | 337.4M | 336.6M | 299.7M | 284M | 305.8M |
| Stock-Based Compensation | 85.2M | 95.4M | 77.2M | 90.2M | 89.4M | 100.7M | 122.7M | 121.3M | 122M | 126.2M |
| Deferred Taxes | 37.2M | 43.8M | -5.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -1.6M | 1M | 477.6M | -984.9M | -1.52B | -1.38B | 2.11B | -275.5M | -281M | -487.9M |
| Working Capital Changes | 1.32B | 1.78B | 2.85B | 2.87B | 2.3B | 5.36B | 3.56B | 6.6B | 6.51B | 6.73B |
| Cash from Investing | -2.46B | -3.41B | -7.33B | -4.34B | -6.12B | -3.12B | -7.96B | -10.84B | -13.75B | -14.37B |
| Capital Expenditures | -215M | -155.7M | -266M | -363.5M | -223.5M | -243.5M | -292M | -252M | -285M | -337.2M |
| Acquisitions | 6.2M | -18.1M | -296.9M | 53.3M | 21.9M | -313.2M | 35.1M | 0 | 0 | 0 |
| Purchase of Investments | -12.04B | -14.84B | -21.69B | -29.15B | -36.38B | -34.02B | -28.54B | -25.86B | -47.95B | -47.88B |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 4M |
| Other Investing | 59.4M | -18.3M | 21.1M | 6M | 83.6M | 114.1M | -177.8M | 36M | 248M | 137.4M |
| Cash from Financing | -250.4M | -300.9M | 549.8M | -1.77B | -938.8M | -4.52B | 1.13B | 78M | -1.32B | -2.98B |
| Dividends Paid | -519M | -395.4M | -668.4M | -1.67B | -1.58B | -3.77B | -260.8M | -277.6M | -682M | -2.87B |
| Share Repurchases | -192.5M | -62.5M | -79M | -91.3M | -111.6M | -223M | -99M | -140.7M | -634M | -107.2M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500M | 0 |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 0 | 1000K | -1000K | 1000K | 1000K | 0 | 0 |
| Other Financing | 9.2M | 500K | -293.6M | -9.6M | -235.7M | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -12.6M▲ 0% | 48.9M▲ 488.1% | -200.3M▼ 509.6% | 152.4M▲ 176.1% | -150.9M▼ 199.0% | 125.6M▲ 183.2% | 18.8M▼ 85.0% | -121.3M▼ 745.2% | 54M▲ 144.5% | 38M▲ 0% |
| Exchange Rate Effect | 400K | -300K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400K |
| Cash at Beginning | 224.1M | 226.4M | 275.3M | 75M | 227.4M | 76.5M | 202.1M | 220.9M | 100M | 135M |
| Cash at End | 211.5M | 275.3M | 75M | 227.4M | 76.5M | 202.1M | 220.9M | 99.6M | 154M | 185M |
| Free Cash Flow | 2.49B▲ 0% | 3.6B▲ 44.8% | 6.02B▲ 67.1% | 5.9B▼ 2.0% | 6.68B▲ 13.3% | 7.52B▲ 12.5% | 6.56B▼ 12.8% | 10.39B▲ 58.5% | 14.83B▲ 42.8% | 17.05B▲ 0% |
| FCF Growth % | 15.02% | 44.8% | 67.14% | -2.01% | 13.29% | 12.51% | -12.79% | 58.48% | 42.75% | 19.28% |
| FCF Margin % | 10.62% | 13.43% | 18.84% | 15.12% | 15.67% | 15.77% | 13.22% | 16.74% | 19.69% | 20.02% |
| FCF per Share | 4.25 | 6.15 | 10.26 | 10.04 | 11.37 | 12.81 | 11.17 | 17.69 | 25.24 | 25.24 |
PGR Key Ratios
The Progressive Corporation (PGR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 93.72% | 92.02% | 90.1% | 86.77% | 83.18% | 91.17% | 98.14% | 92.1% | 85.78% | 84.14% |
| Medical Cost Ratio | 80.04% | 78.06% | 76.03% | 73.07% | 66.6% | 78.32% | 84.78% | 81.05% | 72.26% | 73.7% |
| Return on Equity (ROE) | 13.52% | 18.47% | 26.01% | 32.42% | 37.15% | 19% | 4.23% | 21.58% | 36.98% | 30.23% |
| Return on Assets (ROA) | 3.26% | 4.41% | 6.13% | 7.82% | 9.59% | 4.96% | 0.98% | 4.76% | 8.72% | 8.82% |
| Equity / Assets | 23.8% | 23.99% | 23.24% | 24.9% | 26.58% | 25.63% | 21.06% | 22.86% | 24.2% | 29.16% |
| Book Value / Share | 13.6 | 15.85 | 18.45 | 23.29 | 29 | 31.05 | 27.07 | 34.51 | 43.54 | 60.26 |
| Debt / Equity | 0.40x | 0.36x | 0.41x | 0.36x | 0.32x | 0.27x | 0.40x | 0.34x | 0.27x | 0.27x |
| Revenue Growth | 12.41% | 14.51% | 19.16% | 22.04% | 9.33% | 11.82% | 4.01% | 25.2% | 21.36% | 18.37% |
PGR SEC Filings & Documents
The Progressive Corporation (PGR) SEC filings — annual & quarterly reports (10-K, 10-Q)
PGR Frequently Asked Questions
The Progressive Corporation (PGR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The Progressive Corporation (PGR) grew revenue by 21.4% over the past year. This is strong growth.
Yes, The Progressive Corporation (PGR) is profitable, generating $10.71B in net income for fiscal year 2024 (11.3% net margin).
Dividend & Returns
Yes, The Progressive Corporation (PGR) pays a dividend with a yield of 0.58%. This makes it attractive for income-focused investors.
The Progressive Corporation (PGR) has a return on equity (ROE) of 37.0%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
The Progressive Corporation (PGR) has a combined ratio of 85.8%. A ratio below 100% indicates underwriting profitability.
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