The Progressive Corporation (PGR)
NYSE:PGR
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Total Valuation
Progressive has a market cap or net worth of $119.20B. The enterprise value is $126.77B.
Market Cap$119.20B
Enterprise Value$126.77B
Share Statistics
Progressive has 584,336,500 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding584,336,500
Owned by Insiders0.25%
Owned by Institutions24.34%
Financial Efficiency
Progressive’s return on equity (ROE) is 0.37 and return on invested capital (ROIC) is 20.74%.
Return on Equity (ROE)0.37
Return on Assets (ROA)0.09
Return on Invested Capital (ROIC)20.74%
Return on Capital Employed (ROCE)0.26
Revenue Per Employee1.32M
Profits Per Employee170.54K
Employee Count66,308
Asset Turnover0.71
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Progressive is 10.3. Progressive’s PEG ratio is 0.35.
PE Ratio10.3
PS Ratio1.52
PB Ratio4.40
Price to Fair Value4.40
Price to FCF7.76
Price to Operating Cash Flow7.08
PEG Ratio0.35
Income Statement
In the last 12 months, Progressive had revenue of 87.64B and earned 11.31B in profits. Earnings per share was 19.29.
Revenue87.64B
Gross Profit25.83B
Operating Income14.22B
Pretax Income14.22B
Net Income11.31B
EBITDA14.81B
Earnings Per Share (EPS)19.29
Cash Flow
In the last 12 months, operating cash flow was 16.77B and capital expenditures -352.00M, giving a free cash flow of 16.42B billion.
Operating Cash Flow16.77B
Free Cash Flow16.42B
Free Cash Flow per Share28.10
Dividends & Yields
Progressive pays an annual dividend of $0.1, resulting in a dividend yield of 2.2%
Dividend Per Share$0.1
Dividend Yield2.2%
Payout Ratio27.90%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.55
52-Week Price Change-24.36%
50-Day Moving Average200.65
200-Day Moving Average212.03
Relative Strength Index (RSI)55.40
Average Volume (3m)2.61M
Important Dates
Progressive upcoming earnings date is Jul 9, 2026, TBA (Confirmed).
Last Earnings DateApr 15, 2026
Next Earnings DateJul 9, 2026
Ex-Dividend Date―
Financial Position
Progressive as a current ratio of 0.59, with Debt / Equity ratio of 26.17%
Current Ratio0.59
Quick Ratio0.59
Debt to Market Cap0.05
Net Debt to EBITDA0.46
Interest Coverage Ratio51.16
Taxes
In the past 12 months, Progressive has paid 2.92B in taxes.
Income Tax2.92B
Effective Tax Rate0.20
Enterprise Valuation
Progressive EV to EBITDA ratio is 9.47, with an EV/FCF ratio of 8.16.
EV to Sales1.60
EV to EBITDA9.47
EV to Free Cash Flow8.16
EV to Operating Cash Flow7.99
Balance Sheet
Progressive has $2.29B in cash and marketable securities with $8.39B in debt, giving a net cash position of -$6.10B billion.
Cash & Marketable Securities$2.29B
Total Debt$8.39B
Net Cash-$6.10B
Net Cash Per Share-$10.44
Tangible Book Value Per Share$48.23
Margins
Gross margin is 28.44%, with operating margin of 16.23%, and net profit margin of 12.90%.
Gross Margin28.44%
Operating Margin16.23%
Pretax Margin16.23%
Net Profit Margin12.90%
EBITDA Margin16.90%
EBIT Margin16.55%
Analyst Forecast
The average price target for Progressive is $232.20, which is 11.43% higher than the current price. The consensus rating is Moderate Buy
Price Target$232.20
Price Target Upside14.62% Upside
Analyst ConsensusModerate Buy
Analyst Count16
Revenue Growth Forecast13.89%
EPS Growth Forecast32.56%