Progressive Corporation (The)

Progressive Corporation's next confirmed earnings release is scheduled for January 27, 2027.

As of June 30, 2026, Progressive Corporation has 581.40M shares outstanding.

These figures are as of June 30, 2026.

Over the twelve months ended June 30, 2026, Progressive Corporation posted a return on equity (ROE) of 34.94, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 9.73, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 29.02, useful for judging operating efficiency across full business cycles. The company generates approximately 1.15M in revenue per employee across its workforce of 69,116.75, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Progressive Corporation recorded 2.70B in income tax expense. That works out to an effective tax rate of 20.87, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 12.94B, leaving 10.24B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2026, Progressive Corporation generated 79.67B in revenue and converted that into 10.24B in net income, yielding earnings per share of 18.12.

As of June 30, 2026, Progressive Corporation holds 11.86B in cash and equivalents against 7.34B in total debt, resulting in a net debt position of 7.19B.

Progressive Corporation produced 14.30B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -339.62M in capital expenditures, free cash flow totaled 13.96B - equivalent to 24.78 per share.

These figures cover the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Progressive Corporation paid dividends of 12.65 per share. The dividend payout ratio of 69.66 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Progressive Corporation's most recent stock split took place on May 19, 2006 with a 1:4 split ratio.