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The Progressive Corporation (PGR)

229.72 +4.06 (+1.80%)
As of 3:19:27 PM EDT. Market Open.
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4m ago
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Progressive’s latest quarterly results showed stronger underwriting and premium growth, but profit and book value softened. Management will discuss the quarter during an investor relations call on November 3, after filing its Form 10-Q and shareholders’ report on November 2.

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  • Previous Close 225.66
  • Open 228.43
  • Bid 229.43 x 10000
  • Ask 229.62 x 20000
  • Day's Range 227.35 - 230.13
  • 52 Week Range 189.20 - 239.38
  • Volume 906,589
  • Avg. Volume 2,553,054
  • Market Cap (intraday) 133.123B
  • Beta (5Y Monthly) 0.23
  • PE Ratio (TTM) 11.57
  • EPS (TTM) 19.85
  • Earnings Date Oct 14, 2026
  • Forward Dividend & Yield 0.40 (0.18%)
  • 1y Target Est 230.38
  • Morningstar Rating Rating available with Stock Picks access

The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

www.progressive.com

70,053

Full Time Employees

December 31

Fiscal Year Ends

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PGR
7.44%
S&P 500 (^GSPC)
12.51%

1-Year Return

PGR
17.64%
S&P 500 (^GSPC)
11.78%

3-Year Return

PGR
64.15%
S&P 500 (^GSPC)
87.06%

5-Year Return

PGR
170.46%
S&P 500 (^GSPC)
67.24%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 22.3B
Earnings 2.54B
Profit Margin 11.40%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
5B
10B
15B
20B
12.0%
13.0%
14.0%
15.0%

Analyst Insights

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Analyst Price Targets

196.00 Low
230.38 Average
229.72 Current
262.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/15/2026
Analyst Wells Fargo
Rating Action Maintains
Rating Underweight
Price Action Lowers
Price Target 201 -> 196

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.67%

  • Return on Assets (ttm)

    7.52%

  • Return on Equity (ttm)

    33.24%

  • Revenue (ttm)

    91.7B

  • Net Income Avi to Common (ttm)

    11.62B

  • Diluted EPS (ttm)

    19.85

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.12B

  • Total Debt/Equity (mrq)

    24.33%

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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