Progressive Corp (PGR) stock
PGRNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 16/306% below fair value
$235.49+1.96 (+0.84%)
Close on Nov 12, 2026Market cap $136.91BP/E 11.9Yield 5.90%
Progressive statistics
92 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Jan 27, 2027 (estimated, during market hours)
- Last ex-dividend date
- Oct 1, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 3.97
- 1.73
- P/OCF Ratio
- 8.74
- 7.17
Enterprise valuationIndustry
- EV / Sales
- 1.47
- 0.96
- EV / FCF
- 8.84
- 7.18
Share statisticsIndustry
- Shares Change (YoY)
- -0.43%
- -1.32%
- Float
- 580M
- 57M
- Shares Held by Insiders
- 0.26%
- 3.33%
- Shares Held by Institutions
- 87.5%
- 84.6%
Short sellingIndustry
- Short Interest
- 7M
- –
- Short Interest Change
- 4.56%
- -2.56%
- Short % of Float
- 1.27%
- 3.81%
- Short % of Shares Outstanding
- 1.27%
- 3.02%
- Days to Cover
- 3.46
- 4.05
Stock price statisticsIndustry
- 52-Week High
- $241.02
- –
- 52-Week Low
- $189.20
- –
- 20-Day Moving Average
- $228.38
- –
- 50-Day Moving Average
- $219.75
- –
- 200-Day Moving Average
- $210.43
- –
- Average True Range (14)
- $5.28
- –
- Price Change (1 Week)
- 0.99%
- 0.07%
- Price Change (1 Month)
- 10.3%
- 4.24%
- Price Change (3 Months)
- 12.4%
- 0.69%
- Price Change (6 Months)
- 19.6%
- 11.5%
- Price Change (YTD)
- 3.41%
- 8.44%
- Price Change (1 Year)
- 7.08%
- 9.87%
- Price Change (3 Years)
- 45.4%
- 49.0%
- Price Change (5 Years)
- 144.9%
- 41.8%
- Price Change (10 Years)
- 609.1%
- 114.7%
- Average Volume (10 Days)
- 3M
- –
- Average Volume (20 Days)
- 2M
- –
- Average Volume (90 Days)
- 3M
- –
- Relative Volume
- 0.78
- 0.78
- Relative Strength Index (14)
- 62.4
- 55.8
- Volatility (1 Year)
- 27.2%
- 28.3%
- Beta (5 Years)
- 0.44
- 0.60
MarginsIndustry
- Pretax Margin
- 16.0%
- 13.5%
- FCF Margin
- 16.6%
- 18.5%
Returns on capitalIndustry
- Return on Equity (ROE)
- 33.2%
- 13.9%
- Return on Assets (ROA)
- 9.32%
- 2.97%
GrowthIndustry
- Revenue Growth (YoY)
- 7.67%
- 6.46%
- Net Income Growth (YoY)
- 8.49%
- 11.9%
- EPS Growth (YoY)
- 8.94%
- 12.7%
- FCF Growth (YoY)
- -10.7%
- 9.52%
- 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%
EfficiencyIndustry
- Asset Turnover
- 0.74
- 0.27
- Revenue Per Employee
- $1.31M
- $1.80M
- Profits Per Employee
- $166.03K
- $182.48K
- Employee Count
- 70,000
- 1,341
- WACC
- 7.48%
- 7.97%
Income statement (TTM)Industry
- Pretax Income
- $14.69B
- $617.47M
Balance sheetIndustry
- Net Cash (Debt)
- $2.27B
- $331.32M
- Net Cash Per Share
- $3.90
- $5.43
- Equity (Book Value)
- $34.49B
- $3.44B
- Book Value Per Share
- $59.32
- $37.80
- Tangible Book Value
- $34.49B
- $2.32B
Cash flow (TTM)Industry
- Capital Expenditures
- -$438.00M
- -$9.40M
- FCF Per Share
- $26.19
- $8.18
Dividends and yieldsIndustry
- Earnings Yield
- 8.49%
- 8.74%
- FCF Yield
- 11.1%
- 11.6%
- Dividend Yield
- 5.90%
- 1.88%
- Shareholder Yield
- 5.90%
- 4.27%
- Dividend Per Share
- $13.90
- $1.75
- Dividend Growth (YoY)
- 183.7%
- 4.86%
- Years of Dividend Growth
- 3
- 3
- Payout Ratio
- 70.1%
- 20.1%
- FCF Payout Ratio
- 53.5%
- 17.9%
Taxes and interestIndustry
- Interest Expense
- $314.00M
- $77.46M
- Income Tax
- $3.07B
- $107.00M
- Effective Tax Rate
- 20.9%
- 20.0%
Scores and fair valueIndustry
- Graham Number
- $162.81
- $76.72
- Graham Upside
- -30.9%
- 11.1%
- Altman Z-Score
- 1.97
- 0.94
- Piotroski F-Score
- 5
- 5
- Lynch Fair Value
- $293.19
- –
- Lynch Upside
- 24.5%
- 75.8%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | PGR | S&P 500 | Difference | PGR per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +6.9% | -2.7% | +9.6 pts | ||
| 3 months | +13.6% | -1.7% | +15.4 pts | ||
| Year to date | +10.1% | +11.9% | −1.8 pts | ||
| 1 year | +13.0% | +12.0% | +1.1 pts | ||
| 3 years | +60.6% | +78.2% | −17.6 pts | +17.1% | +21.2% |
| 5 years | +173.5% | +73.2% | +100.3 pts | +22.3% | +11.6% |
| 10 years | +836.4% | +309.6% | +526.8 pts | +25.1% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
7M PGR shares were sold short on Oct 30, 2026, up 4.6% from the previous report, or 1.27% of the shares available to trade. At recent volumes it would take 3.5 days to buy them back. Over the last 20 sessions, 51.9% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 7,391,574 | +4.6% | 2,137,507 | 3.5 |
| Oct 15, 2026 | 7,069,217 | +3.8% | 3,023,210 | 2.3 |
| Sep 30, 2026 | 6,810,980 | +8.7% | 3,657,656 | 1.9 |
| Sep 15, 2026 | 6,263,238 | +3.7% | 1,846,422 | 3.4 |
| Aug 31, 2026 | 6,039,944 | +1.0% | 2,320,106 | 2.6 |
| Aug 14, 2026 | 5,979,782 | -26.0% | 2,133,983 | 2.8 |
| Jul 31, 2026 | 8,075,469 | -16.0% | 2,969,360 | 2.7 |
| Jul 15, 2026 | 9,609,478 | +23.3% | 3,213,213 | 3.0 |
| Jun 30, 2026 | 7,791,620 | +2.0% | 4,644,751 | 1.7 |
| Jun 15, 2026 | 7,637,987 | +7.7% | 2,889,174 | 2.6 |
| May 29, 2026 | 7,094,519 | +2.0% | 3,594,605 | 2.0 |
| May 15, 2026 | 6,958,179 | -2.1% | 2,658,002 | 2.6 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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