The Progressive Corporation

The Progressive Corporation

PGR
The Progressive CorporationUS flagNew York Stock Exchange
196.82
USD
+4.15
- -
115.01BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
30.31
32.81
35.58
40.26
46.17
54.87
66.8
72.9
81.57
84.85
106.14
128.68
149.47
152.56
Basic EPS, GAAP
1.95
2.17
2.16
1.77
2.74
4.45
6.75
9.71
5.69
1.19
6.61
14.45
19.29
19.72
Free Cash Flow per Basic Share
2.94
2.74
3.69
4.33
6.2
10.33
10.1
11.42
12.86
11.22
17.77
25.34
29.34
28.02
Dividend per Share
0.29
1.51
0.69
0.89
0.68
1.15
2.86
2.7
6.46
0.45
0.47
1.16
4.9
13.9
Book Value per Share
6.84
7.99
9
9.83
11.39
15.4
19.29
23.83
27.24
27.9
33.14
42.47
47.61
51.52
Tangible Book Value per Share
10.33
11.71
10.84
12.16
14.58
16.45
21.41
27.22
29.37
25.81
33.82
43.71
51.72
54.66
Basic Weighted Avg Shares
599
591
586
582
581
582
584
585
584
584
585
586
586
586
Sales/Revenue/Turnover
18,156
19,377
20,832
23,417
26,816
31,955
38,998
42,638
47,676
49,587
62,083
75,343
87,637
89,415
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
101
97
150
200
236
262
306
332
337
306
285
284
313
318
Net Income, GAAP
1,165
1,281
1,268
1,031
1,592
2,615
3,970
5,705
3,351
722
3,903
8,480
11,308
11,559
Effective Tax Rate (%)
32.24
32.84
31.97
28.12
25.28
17.15
22.87
20.47
20.41
21.69
20.41
20.84
20.49
20.57
Profit Margin (%)
6.42
6.61
6.08
4.4
5.94
8.18
10.18
13.38
7.03
1.46
6.29
11.26
12.9
12.93
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,861
2,165
2,708
3,148
37
3,906
4,407
5,396
4,899
6,388
6,889
6,893
6,897
8,386
Total Equity
6,190
6,929
7,289
7,957
9,285
10,822
13,673
17,039
18,232
15,891
20,277
25,591
30,323
32,039
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
20.62
21.17
17.86
13.13
18.1
23.1
26.9
32.21
17.13
4.1
16.48
29.73
34.64
32.36
Return on Common Equity (%)
28.58
29.06
25.37
18.76
25.82
33.29
38.98
45.05
22.26
4.31
21.66
38.25
42.85
40.2

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
6,896
6,897
8,386
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
586
586
584
Market Capitalization
144,770
133,497
116,188

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
10,356
19,836
13,093
Accounts Receivable, Net
20,626
19,445
21,617
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
7,972
58
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.98%
13.29%
18.49%
Free Cash Flow
25.48%
23.38%
15.95%
Net Income, GAAP
66.7%
94.3%
33.35%
Sales/Revenue/Turnover
15.62%
15.74%
16.32%
Total Cash Common Dividend
77.67%
111.98%
331.73%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,237
18,127
19,712
20,267
75,343
2025
20,402
21,995
22,502
22,738
87,637
2026
22,180
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.95
2.49
3.99
- -
14.45
2025
4.38
5.42
4.46
- -
19.29
2026
4.81
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.86
0.1
0.1
- -
1.16
2025
4.6
0.1
0.1
- -
4.9
2026
13.61
- -
- -
- -
- -

Company Description

APIChat
CEO
Susan Patricia Griffith
Full Time Employees
66,308
Sector
Financial Services
Industry
Insurance - Property & Casualty
Address
300 North Commons Blvd. Mayfield Village OH United States of America 44143
IPO Date
Mar 17, 1980
Business
The Progressive Corporation (NYSE: PGR) is a leading U.S. insurance holding company that provides personal and commercial property-casualty insurance products through its subsidiaries and affiliates. The company offers personal lines insurance including private passenger automobiles, motorcycles, recreational vehicles, boats, personal watercraft, and residential property coverage for homeowners, renters, and condo owners; commercial auto insurance covering liability and physical damage for business-owned vehicles such as dump trucks, log trucks, tractors, trailers, and vans; business-related general liability, commercial property, workers' compensation, cyber insurance, professional liability, and business owners policies; other indemnity products like directors and officers liability for community banks; and additional specialty offerings such as pet insurance, life insurance, umbrella insurance, flood insurance, mobile home insurance, wedding and event insurance, travel insurance, home warranty, home security, identity theft protection, jewelry insurance, and electronic device insurance. Progressive operates primarily in the United States through independent agents, direct channels online and by phone, and serves individuals, small businesses, and fleets with usage-based insurance programs like Snapshot; it was founded in 1937 and is headquartered in Mayfield Village, Ohio. Recent developments include the expansion of Motor Truck Cargo coverage in April 2025 to provide broader protection for truckers, the launch of an in-app safety feature in collaboration with Cambridge Mobile Telematics in November 2025 to deliver real-time accident assistance, the announcement of 2025 Driving Small Business Forward Grant recipients providing $50,000 each for commercial vehicle purchases in September 2025, a new advertising campaign leveraging AI for its Snapshot product in November 2025, and a 21% year-over-year increase in 2024 net written premiums to $74.4 billion with policies in force reaching 35 million.

Company News

APIChat
  • Progressive (PGR) Falls More Steeply Than Broader Market: What Investors Need to Know

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