Financials · Multi-Line Insurance
Progressive Corporation
$236.72 +1.23 (+0.52%) Pre-market $237.71 (+0.94%) ≈ ₹22,272 a share
Key numbers
- Market value
- $137.15B
- P/E (TTM)
- 11.9
- Forward P/E
- 14.1
- EPS (TTM)
- $19.85
- Dividend yield
- 0.17%
- Beta
- 0.20
- Day range
- $235.73 – $238.00
- 52-week range
- $189.20 – $241.02
- Volume
- 262,401
- 10-day avg volume
- $2.63M
- Revenue (TTM)
- $91.70B
- EBITDA (TTM)
- $21.63B
- Gross margin
- —
- Net margin
- 12.7%
- Return on equity
- 33.2%
- Debt / equity
- 24.3%
- Price / sales
- 1.50
- Shares out
- 579.36M
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.89B | $17.24B | $18.13B | $19.72B | $20.28B | $20.41B | $22.00B | $22.51B | $22.75B | $22.19B | $23.61B | $23.19B |
| Pre-tax income | $2.50B | $2.94B | $1.86B | $2.95B | $2.97B | $3.24B | $3.98B | $3.32B | $3.68B | $3.57B | $4.21B | $3.24B |
| Income tax | $515.30M | $609.00M | $401.00M | $612.00M | $611.00M | $669.00M | $807.00M | $708.00M | $731.00M | $748.00M | $898.00M | $694.00M |
| Net income | $1.99B | $2.33B | $1.46B | $2.33B | $2.36B | $2.57B | $3.18B | $2.62B | $2.95B | $2.82B | $3.31B | $2.54B |
| Net margin | 11.8% | 13.5% | 8.0% | 11.8% | 11.6% | 12.6% | 14.4% | 11.6% | 13.0% | 12.7% | 14.0% | 11.0% |
| EPS (diluted) | — | $3.94 | $2.48 | $3.97 | — | $4.37 | $5.40 | $4.45 | — | $4.80 | $5.67 | $4.37 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.98B | $39.02B | $42.66B | $47.70B | $49.61B | $62.11B | $75.37B | $87.67B |
| Revenue growth | — | 22.0% | 9.3% | 11.8% | 4.0% | 25.2% | 21.4% | 16.3% |
| Pre-tax income | $3.16B | $5.16B | $7.17B | $4.21B | $922.00M | $4.90B | $10.71B | $14.22B |
| Income tax | $542.60M | $1.18B | $1.47B | $859.10M | $200.00M | $1.00B | $2.23B | $2.92B |
| Tax rate | 17.2% | 22.9% | 20.5% | 20.4% | 21.7% | 20.4% | 20.8% | 20.5% |
| Net income | $2.62B | $3.97B | $5.70B | $3.35B | $722.00M | $3.90B | $8.48B | $11.31B |
| Net margin | 8.2% | 10.2% | 13.4% | 7.0% | 1.5% | 6.3% | 11.3% | 12.9% |
| EPS (diluted) | $4.42 | $6.72 | $9.66 | $5.66 | $1.18 | $6.58 | $14.40 | $19.23 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $75.00M | $227.40M | $76.50M | $202.00M | $221.00M | $100.00M | $154.00M | $138.00M |
| Short-term investments | $1.80B | $1.80B | $5.22B | $942.60M | $2.86B | $1.79B | $615.00M | $10.01B |
| Total assets | $46.58B | $54.91B | $64.10B | $71.13B | $75.47B | $88.69B | $105.75B | $123.04B |
| Short-term debt | — | — | $500.00M | $0 | $0 | $0 | $0 | $0 |
| Total debt | — | — | $500.00M | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $35.54B | $41.01B | $47.06B | $52.90B | $59.57B | $68.41B | $80.15B | $92.72B |
| Shareholders' equity | $10.82B | $13.67B | $17.04B | $18.23B | $15.89B | $20.28B | $25.59B | $30.32B |
| Debt / equity | — | — | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Return on equity | 24.2% | 29.0% | 33.5% | 18.4% | 4.5% | 19.2% | 33.1% | 37.3% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $6.28B | $6.26B | $6.91B | $7.76B | $6.85B | $10.64B | $15.12B | $17.55B |
| Capital spending | $-266.00M | $-363.50M | $-223.50M | $-243.50M | $-292.00M | $-252.00M | $-285.00M | $-348.00M |
| Free cash flow | $6.02B | $5.90B | $6.68B | $7.52B | $6.56B | $10.39B | $14.83B | $17.20B |
| FCF margin | 18.8% | 15.1% | 15.7% | 15.8% | 13.2% | 16.7% | 19.7% | 19.6% |
| Cash from investing | $-7.03B | $-4.34B | $-6.12B | $-3.12B | $-7.96B | $-10.84B | $-13.75B | $-14.53B |
| Cash from financing | $549.80M | $-1.77B | $-938.80M | $-4.52B | $1.13B | $78.00M | $-1.32B | $-3.04B |
| Dividends paid | $-654.90M | $-1.64B | $-1.55B | $-3.75B | $-234.00M | $-234.00M | $-674.00M | $-2.87B |
About
About Progressive Corporation
The Progressive Corporation is an American insurance company headquartered in Mayfield, Ohio. It was co-founded in 1937 by Jack Green and Joseph M. Lewis. The company insures passenger vehicles, motorcycles, recreational vehicles (RVs), trailers, boats, personal water craft (PWC), and commercial vehicles. Progressive also provides home, life, pet, and other types of insurance through select companies.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Progressive Corporation
- Ticker
- PGR
- Exchange
- NYSE
- ISIN
- US7433151039
- SEC CIK
- 0000080661
- Sector
- Financials
- Industry
- Multi-Line Insurance
- SEC industry (SIC)
- Fire, Marine & Casualty Insurance (6331)
- Incorporated in
- Ohio
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 2 Mar 2026
- CEO
- Tricia Griffith
- Chair
- Lawton Wehle Fitt
- Headquarters
- Mayfield
- Address
- 300 North Commons Blvd., Mayfield Village, Oh 44143
- Founded
- 1937
- Employees
- 70,053
- Trades in
- US dollars (USD)
- Website
- progressive.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Financials
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.