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Progressive Corp. (PGR)
NYSE:PGR
US Market

Progressive (PGR) Ratios

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Progressive Ratios

PGR's free cash flow for Q3 2025 was $0.16. For the 2025 fiscal year, PGR's free cash flow was decreased by $ and operating cash flow was $0.15. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.00 0.00 0.00 0.80 2.79
Quick Ratio
0.00 0.00 0.00 1.83 3.56
Cash Ratio
0.00 0.00 0.00 <0.01 <0.01
Solvency Ratio
0.12 0.11 0.06 0.02 0.07
Operating Cash Flow Ratio
0.00 0.00 0.00 0.28 0.37
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 22.72B$ -56.83B$ 11.14B$ 6.69B$ 6.94B
Leverage Ratios
Debt-to-Assets Ratio
0.00 0.07 0.08 0.09 0.07
Debt-to-Equity Ratio
0.00 0.27 0.34 0.41 0.27
Debt-to-Capital Ratio
0.00 0.21 0.25 0.29 0.21
Long-Term Debt-to-Capital Ratio
0.00 0.21 0.25 0.29 0.21
Financial Leverage Ratio
19.94 4.13 4.37 4.42 3.90
Debt Service Coverage Ratio
40.85 32.41 16.63 5.35 16.87
Interest Coverage Ratio
50.33 38.40 18.30 3.79 19.26
Debt to Market Cap
0.00 0.05 0.07 0.08 0.08
Interest Debt Per Share
0.43 12.25 12.24 11.58 8.76
Net Debt to EBITDA
0.00 0.60 1.25 4.20 0.99
Profitability Margins
Gross Profit Margin
30.78%27.74%100.00%100.00%100.00%
EBIT Margin
16.06%14.59%8.33%2.35%9.29%
EBITDA Margin
16.38%14.97%8.79%3.03%9.54%
Operating Profit Margin
16.06%14.22%7.90%1.86%8.83%
Pretax Profit Margin
16.06%14.22%7.90%1.86%8.83%
Net Profit Margin
12.72%11.26%6.29%1.46%7.03%
Continuous Operations Profit Margin
12.72%11.26%6.29%1.46%7.03%
Net Income Per EBT
79.18%79.16%79.59%78.25%79.59%
EBT Per EBIT
100.00%100.00%100.00%100.00%100.00%
Return on Assets (ROA)
11.16%8.02%4.40%0.96%4.71%
Return on Equity (ROE)
40.02%33.14%19.25%4.54%18.38%
Return on Capital Employed (ROCE)
14.09%10.13%5.53%1.32%6.47%
Return on Invested Capital (ROIC)
9.30%8.02%4.40%1.03%5.15%
Return on Tangible Assets
11.16%8.19%4.50%0.96%4.75%
Earnings Yield
8.51%6.04%4.19%0.95%5.58%
Efficiency Ratios
Receivables Turnover
4.88 3.94 0.00 0.00 0.00
Payables Turnover
0.00 0.00 0.00 <0.01 <0.01
Inventory Turnover
0.00 0.00 0.00 >-0.01 >-0.01
Fixed Asset Turnover
0.00 95.37 58.94 42.58 41.92
Asset Turnover
0.88 0.71 0.70 0.71 0.67
Working Capital Turnover Ratio
1.14 1.46 -25.87 3.00 1.31
Cash Conversion Cycle
74.84 92.69 100.25 71.57 50.76
Days of Sales Outstanding
74.84 92.69 100.25 119.61 110.09
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
0.00 0.00 0.00 48.04 59.33
Operating Cycle
74.84 92.69 100.25 119.61 110.09
Cash Flow Ratios
Operating Cash Flow Per Share
29.56 25.82 18.20 11.72 13.28
Free Cash Flow Per Share
28.98 25.34 17.77 11.22 12.86
CapEx Per Share
0.57 0.49 0.43 0.50 0.42
Free Cash Flow to Operating Cash Flow
0.98 0.98 0.98 0.96 0.97
Dividend Paid and CapEx Coverage Ratio
5.42 15.63 20.10 12.39 1.93
Capital Expenditure Coverage Ratio
51.56 53.05 42.24 23.45 31.88
Operating Cash Flow Coverage Ratio
0.00 2.19 1.55 1.05 1.58
Operating Cash Flow to Sales Ratio
0.22 0.20 0.17 0.14 0.16
Free Cash Flow Yield
14.32%10.57%11.15%8.65%12.53%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
11.75 16.54 23.87 105.06 17.91
Price-to-Sales (P/S) Ratio
1.49 1.86 1.50 1.53 1.26
Price-to-Book (P/B) Ratio
26.16 5.48 4.59 4.77 3.29
Price-to-Free Cash Flow (P/FCF) Ratio
6.98 9.46 8.97 11.56 7.98
Price-to-Operating Cash Flow Ratio
6.87 9.28 8.75 11.07 7.73
Price-to-Earnings Growth (PEG) Ratio
-2.15 0.14 0.05 -1.33 -0.43
Price-to-Fair Value
26.16 5.48 4.59 4.77 3.29
Enterprise Value Multiple
9.10 13.04 18.32 54.66 14.23
Enterprise Value
119.06B 147.04B 99.97B 81.99B 64.71B
EV to EBITDA
9.10 13.04 18.32 55.70 13.58
EV to Sales
1.49 1.95 1.61 1.65 1.36
EV to Free Cash Flow
6.98 9.91 9.62 12.50 8.61
EV to Operating Cash Flow
6.85 9.73 9.39 11.97 8.34
Tangible Book Value Per Share
7.76 39.97 34.28 26.26 30.22
Shareholders’ Equity Per Share
7.76 43.71 34.67 27.19 31.19
Tax and Other Ratios
Effective Tax Rate
0.21 0.21 0.20 0.22 0.20
Revenue Per Share
135.85 128.68 106.14 84.85 81.57
Net Income Per Share
17.27 14.48 6.67 1.23 5.73
Tax Burden
0.79 0.79 0.80 0.78 0.80
Interest Burden
1.00 0.97 0.95 0.79 0.95
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.62 1.78 2.73 9.49 2.32
Currency in USD