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PGR

$210.60
+$1.73 (0.83%)+0.83%
Open
Loading chart...
IndexN/A
Market Cap122.44B
Enterprise Value140.28B
Income$10.16B
Sales$79.91B
Employees66,308
P/E11.59
P/S1.52
P/B4.40
P/C7.76
EV/EBITDA9.47
EV/Sales6.75
EPS (ttm)18.17
Earnings2025-10-15
Gross Margin15.76%
Oper. Margin18.10%
Profit Margin14.44%
Volume1.47M
Shs Outstand0.58B
Change0.83%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD-4.60%
Perf Year-16.95%
Perf 3Y54.85%
Perf 5Y110.39%
Perf 10Y579.09%
IPO1980-03-17
Income Statement by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Revenue$79.91B$75.34B$62.08B$49.59B$47.68B$42.64B$39.00B$31.95B
Cost of Revenue$55.32B$54.44B$50.32B$42.04B$37.34B$28.39B$28.49B$24.29B
Gross Profit$24.59B$20.90B$11.76B$7.55B$10.34B$14.24B$10.50B$7.66B
Gross Margin30.78%27.74%18.95%15.22%21.68%33.40%26.93%23.97%
Operating Expenses$11.76B$10.19B$6.86B$6.63B$6.13B$7.07B$5.34B$4.50B
Operating Income$12.83B$10.71B$4.90B$922.00M$4.21B$7.17B$5.16B$3.16B
Operating Margin16.06%14.22%7.90%1.86%8.83%16.82%13.23%9.90%
Net Income$10.16B$8.48B$3.90B$722.00M$3.35B$5.70B$3.97B$2.62B
Net Margin12.72%11.26%6.29%1.46%7.03%13.38%10.18%8.18%
EPS (Basic)$17.27$14.45$6.61$1.19$5.69$9.71$6.75$4.49
EBITDAN/A$11.28B$5.46B$1.47B$4.77B$7.72B$5.66B$3.59B
Stock Option Compensation ExpenseN/A$122.00M$121.30M$122.70M$100.70M$89.40M$90.20M$77.20M
Price To Earnings RatioN/A16.5423.87104.9917.9110.1410.6413.43
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market CapitalizationN/A$140.29B$93.16B$75.80B$60.00B$57.83B$42.26B$35.14B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$91.06B$105.75B$88.69B$75.47B$71.13B$64.10B$54.91B$46.58B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$86.49B$80.15B$68.41B$59.57B$52.90B$47.06B$41.24B$35.75B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$4.57B$25.59B$20.28B$15.89B$18.23B$17.04B$13.67B$10.82B
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$4.57B$25.59B$20.28B$15.89B$18.23B$17.04B$13.67B$10.82B
Total Liabilities & Stockholders Equity$91.06B$105.75B$88.69B$75.47B$71.13B$64.10B$54.91B$46.58B
Book Value Per ShareN/A$43.71$34.67$27.19$31.19$29.13$23.42$18.58
Tangible Book Value Per ShareN/A$39.97$31.39$26.65$30.22$28.06$22.25$17.30
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on AssetsN/A8.02%4.40%0.96%4.71%8.90%7.23%5.62%
Return on EquityN/A33.14%19.25%4.54%18.38%33.48%29.04%24.17%
Return on Invested CapitalN/A8.02%4.40%1.03%5.15%9.65%7.91%6.31%
Quick RatioN/A0.000.0011.989.8611.039.126.63
Current RatioN/A0.000.0011.989.8611.039.126.63
Cash Flow by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Net Income$10.16B$8.48B$3.90B$722.00M$3.35B$5.70B$3.97B$2.62B
DepreciationN/A$284.00M$285.00M$306.00M$337.40M$331.80M$306.10M$262.40M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$0.00$15.12B$10.64B$6.85B$7.76B$6.91B$6.26B$6.28B
Capital ExpendituresN/A$285.00M$252.00M$292.00M$243.50M$223.50M$363.50M$266.00M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends PaidN/A$682.00M$277.60M$260.80M$3.77B$1.58B$1.67B$668.40M
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref StockN/A$634.00M$140.70M$99.00M$223.00M$111.60M$91.30M$79.00M
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash FlowN/A$14.83B$10.39B$6.56B$7.52B$6.68B$5.90B$6.02B
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Aug 8 · 6:15PMProgressive's Combined Ratio Widened to 87.1 Last Quarter. What That Says About the Growth Machine.The Motley Fool ↗Jul 28 · 1:15AMWhy Insurance Stocks Can Be Some of the Market's Best Long-Term CompoundersThe Motley Fool ↗Jul 24 · 12:37PMProgressive Announces Investor Relations EventGlobeNewswire Inc. ↗Jul 21 · 7:50PMWinnebago and Progressive Insurance® team up to elevate the RV ownership experienceGlobeNewswire Inc. ↗Jul 17 · 9:13PMStock Market Today, July 17: Stocks Slide as Semiconductor Rout DeepensThe Motley Fool ↗Jul 1 · 7:15PMProgressive's Underwriting Is Only Half the Story. Higher Rates Power the Rest.The Motley Fool ↗Jun 28 · 8:15PMI Wouldn't Bet Against This Financial Stock in a Recession.The Motley Fool ↗Jun 15 · 6:30AMProgressive Keeps Beating the Insurance Industry at Its Own Game. Can It Last?The Motley Fool ↗
Show 12 more stories↓
Jun 13 · 11:15PMHow Insurance Companies Turn Their Premiums Into Billions in ProfitThe Motley Fool ↗Jun 5 · 12:05PMProgressive Keeps Taking Auto Insurance Market Share. Can It Keep Winning?The Motley Fool ↗May 31 · 11:15PMIf the Fed Hikes Again, These 3 Financial Stocks Should Still Hold UpThe Motley Fool ↗May 28 · 12:00PMCredFin, Inc. and The Agent Underground Join Forces to Pioneer the Insurance Industry RevolutionGlobeNewswire Inc. ↗May 15 · 8:05AMProgressive's Underwriting Machine Is Still Working. Is the Stock Worth Buying?The Motley Fool ↗May 2 · 4:02PMLemonade Has Momentum, but Investors Need More Than GrowthThe Motley Fool ↗Apr 17 · 5:21PM3 Insurance Stocks That Can Act as a New Inflation HedgeInvesting.com ↗Apr 14 · 1:25PMThis Insurance Stock Has Quietly Crushed the S&P 500 Over 10 YearsThe Motley Fool ↗Apr 13 · 3:05PMSlide's Chief Risk Officer Just Dumped All of His Shares, Again. What Does It Mean for Insurance Investors?The Motley Fool ↗Mar 28 · 4:05PMProgressive Had a Remarkable Run. Now Comes the Hard Part.The Motley Fool ↗Mar 25 · 5:39PMState Farm, Travelers, and Progressive Homeowners Insurance Customers Have Opportunity to Join Schall Law Firm Investigation into Insurers’ Decision to Change Insurance Deductibles and Terms Without Homeowners’ KnowledgeGlobeNewswire Inc. ↗Mar 24 · 2:06AMProgressive Prices $1.5 Billion of Senior NotesGlobeNewswire Inc. ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
Niederst Lori A
Sell
7.3K
$209.29
$1.5M
Aug 13, 26
Quigg Andrew J
Sell
3.5K
$220.00
$770K
Jul 28, 26
Quigg Andrew J
Sell
3.5K
$220.00
$770K
Jul 28, 26
Bailo Karen
Sell
8.5K
$212.71
$1.8M
Jul 27, 26
Bauer Jonathan S.
Sell
2.2K
$212.71
$477K
Jul 27, 26

Company

CEO: Susan Patricia GriffithEmployees: 70053www.progressive.com
About the company↓

The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio.

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The Intraday Markets

© 2026 The Intraday. All rights reserved.

Market data may be delayedFor informational purposes onlyFMP · Massive · SEC

Why it moved over time

Catalyst history

2 entries
Aug 13, 2026
Earnings+0.00%

Progressive Corporation reported a wider Q2 2026 combined ratio (~87.3) and slower premium growth (6% H1), suggesting management is trading profitability to sustain premium growth.

Key fact: Combined ratio widened to 87.3 in Q2 2026 and premium growth slowed to 6% in H1 2026.

The Motley Fool: Progressive's Combined Ratio Widened to 87.1 Last Quarter. What That Says About the Growth Machine.↗
Jul 29, 2026
Management+0.00%

Shares are likely reacting to Progressive's announcement of an August 4 investor event on its Robinsons consumer segment and an upcoming Form 10-Q filing on August 3, drawing investor attention to management updates.

Key fact: Progressive will host an Investor Relations event on August 4, 2026, featuring a presentation on its Robinsons consumer segment and will file its Quarterly Report on Form 10-Q on August 3, 2026.

The Motley Fool: Why Insurance Stocks Can Be Some of the Market's Best Long-Term Compounders↗