PGRNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
PROGRESSIVE CORP/OH/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$219.11+0.62 (+0.28%)
Close on Oct 19, 2026
- Market cap
- $128.00B
- P/E (TTM)
- 11.0
- Dividend yield
- 6.34%
Progressive statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Fire, Marine & Casualty Insurance companies for comparison
Valuation
| Measure | Progressive | Industry median |
|---|---|---|
| Market Cap | $127.38B | $3.25B |
| Enterprise Value | $125.23B | $2.52B |
| PE Ratio | 10.99 | 10.38 |
| PS Ratio | 1.40 | 1.08 |
| PB Ratio | 3.71 | 1.48 |
| P/TBV Ratio | 3.71 | 1.56 |
| P/FCF Ratio | 7.99 | 7.95 |
| P/OCF Ratio | 7.80 | 7.31 |
Enterprise value
| Measure | Progressive | Industry median |
|---|---|---|
| EV / Sales | 1.38 | 0.93 |
| EV / FCF | 7.85 | 7.33 |
Income (trailing twelve months)
| Measure | Progressive | Industry median |
|---|---|---|
| Revenue | $91.06B | $4.57B |
| Pretax Income | $14.78B | $589.53M |
| Net Income | $11.70B | $470.80M |
| EPS (Diluted) | $19.94 | $4.71 |
Margins
| Measure | Progressive | Industry median |
|---|---|---|
| Pretax Margin | 16.2% | 13.7% |
| Profit Margin | 12.8% | 10.7% |
| FCF Margin | 17.5% | 17.5% |
Returns
| Measure | Progressive | Industry median |
|---|---|---|
| Return on Equity (ROE) | 34.9% | 13.9% |
| Return on Assets (ROA) | 9.73% | 3.31% |
Growth
| Measure | Progressive | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 10.5% | 8.06% |
| Net Income Growth (YoY) | 12.1% | 25.1% |
| EPS Growth (YoY) | 12.3% | 27.7% |
| FCF Growth (YoY) | -3.16% | 7.71% |
| Revenue Growth (3Y CAGR) | 20.9% | 9.53% |
| Revenue Growth (5Y CAGR) | 15.5% | 8.29% |
| EPS Growth (3Y CAGR) | 153.5% | 15.9% |
| EPS Growth (5Y CAGR) | 14.8% | 15.2% |
Balance sheet
| Measure | Progressive | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $2.16B | $482.49M |
| Net Cash (Debt) | $2.16B | $300.85M |
| Net Cash Per Share | $3.71 | $5.27 |
| Equity (Book Value) | $34.33B | $3.63B |
| Book Value Per Share | $59.06 | $41.34 |
| Tangible Book Value | $34.33B | $2.59B |
Cash flow (trailing twelve months)
| Measure | Progressive | Industry median |
|---|---|---|
| Operating Cash Flow | $16.34B | $631.50M |
| Capital Expenditures | -$388.00M | -$11.90M |
| Free Cash Flow | $15.95B | $661.55M |
| FCF Per Share | $27.44 | $8.91 |
Efficiency
| Measure | Progressive | Industry median |
|---|---|---|
| Asset Turnover | 0.76 | 0.27 |
| Revenue Per Employee | $1.30M | $1.68M |
| Profits Per Employee | $167.07K | $188.96K |
| Employee Count | 70,000 | 1,400 |
Dividends and yields
| Measure | Progressive | Industry median |
|---|---|---|
| Earnings Yield | 9.18% | 9.43% |
| FCF Yield | 12.5% | 12.5% |
| Dividend Yield | 6.34% | 2.02% |
| Shareholder Yield | 6.34% | 4.57% |
| Dividend Per Share | $13.90 | $1.75 |
| Dividend Growth (YoY) | 183.7% | 4.86% |
| Years of Dividend Growth | 3 | 3 |
| Payout Ratio | 69.7% | 20.2% |
| FCF Payout Ratio | 51.1% | 16.0% |
Shares
| Measure | Progressive | Industry median |
|---|---|---|
| Shares Outstanding | 581,372,000 | 65,596,200 |
| Shares Change (YoY) | -0.14% | -1.19% |
| Float | 579,858,000 | 56,719,400 |
| Shares Held by Insiders | 0.26% | 3.34% |
| Shares Held by Institutions | 87.5% | 85.3% |
Taxes
| Measure | Progressive | Industry median |
|---|---|---|
| Income Tax | $3.09B | $105.00M |
| Effective Tax Rate | 20.9% | 19.8% |
Scores
| Measure | Progressive | Industry median |
|---|---|---|
| Graham Number | $162.77 | $76.86 |
| Graham Upside | -25.7% | 18.9% |
| Altman Z-Score | 1.93 | 0.87 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Progressive's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.