The Progressive Corporation Website

The Progressive Corporation

NYSE-PGR

Basic

  • Market Cap

    $124.93B

  • EV

    $131.66B

  • Shares Out

    585.7M

  • Revenue

    $65.02B

  • Employees

    61,432

Margins

  • Gross

    12.18%

  • EBITDA

    12.1%

  • Operating

    11.63%

  • Pre-Tax

    11.21%

  • Net

    8.9%

  • FCF

    18.72%

Returns (5Yr Avg)

  • ROA

    5.44%

  • ROTA

    23.64%

  • ROE

    21.48%

  • ROCE

    21.2%

  • ROIC

    5.88%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $231.19

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $154.5M

  • Net Debt

    $6,735.2M

  • Debt/Equity

    0.32

  • EBIT/Interest

    27.54

Growth (CAGR)

  • Rev 3Yr

    13.25%

  • Rev 5Yr

    13.96%

  • Rev 10Yr

    13.44%

  • Dil EPS 3Yr

    -3.85%

  • Dil EPS 5Yr

    14.2%

  • Dil EPS 10Yr

    17.43%

  • Rev Fwd 2Yr

    15.55%

  • EBITDA Fwd 2Yr

    23.42%

  • EPS Fwd 2Yr

    41.02%

  • EPS LT Growth Est

    33.41%

Dividends

  • Yield

  • Payout

    11.72%

  • DPS

    $1.15

  • DPS Growth 3Yr

    -38.32%

  • DPS Growth 5Yr

    -15.14%

  • DPS Growth 10Yr

    8.84%

  • DPS Growth Fwd 2Yr

    62.08%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Premiums and Annuity Revenues

36,192.4

39,261.6

44,368.7

49,241.2

58,664.4

61,279.9

Total Interest And Dividend Income

1,017.4

916.6

835.4

1,236

1,865.6

2,063.4

Gain (Loss) on Sale of Investments, Total

1,029.2

1,630

1,509.2

-1,912.2

353.1

436.9

Other Revenues, Total

758.7

829.9

963.2

1,021.4

1,199.2

1,241.2

Total Revenues

38,997.7

42,638.1

47,676.5

49,586.4

62,082.3

65,021.4

Total Revenues % Chg.

22%

9.3%

11.8%

4%

25.2%

24.9%

Policy Benefits

25,470.5

25,121.8

33,627.6

38,122.7

45,654.6

46,002.2

Policy Acquisition / Underwriting Costs, Total

7,998.3

8,843.2

9,367.5

9,776.6

10,906.6

11,096.5

Provision for Bad Debts

1,077.4

Other Operating Expenses

178.9

205.5

252.8

296.7

349

358.8

Total Operating Expenses

33,647.7

35,247.9

43,247.9

48,196

56,910.2

57,457.5

Operating Income

5,350

7,390.2

4,428.6

1,390.4

5,172.1

7,563.9

Interest Expense, Total

-189.7

-217

-218.6

-243.5

-268.4

-274.7

Currency Exchange Gains (Loss)

Other Non Operating Income (Expenses)

EBT, Excl. Unusual Items

5,160.3

7,173.2

4,210

1,146.9

4,903.7

7,289.2

Impairment of Goodwill

-224.8

Other Unusual Items

EBT, Incl. Unusual Items

5,160.3

7,173.2

4,210

922.1

4,903.7

7,289.2

Income Tax Expense

1,180.3

1,468.6

859.1

200.6

1,001.3

1,503.3

Earnings From Continuing Operations

3,980

5,704.6

3,350.9

721.5

3,902.4

5,785.9

Minority Interest

-9.7

Net Income

3,970.3

5,704.6

3,350.9

721.5

3,902.4

5,785.9

Preferred Dividend and Other Adjustments

26.9

26.9

26.9

26.9

37.6

47.3

Net Income to Common Incl Extra Items

3,943.4

5,677.7

3,324

694.6

3,864.8

5,738.6

Net Income to Common Excl. Extra Items

3,943.4

5,677.7

3,324

694.6

3,864.8

5,738.6

Total Shares Outstanding

584.6

585.2

584.4

584.9

585.3

585.7

Weighted Avg. Shares Outstanding

583.8

584.9

584.5

584.4

584.9

585

Weighted Avg. Shares Outstanding Dil

587.2

587.6

587.1

587.1

587.5

587.6

EPS

6.8

9.7

5.7

1.2

6.6

9.8

EPS Diluted

6.7

9.7

5.7

1.2

6.6

9.8

EBITDA

5,656.1

7,722

4,766

1,727

5,471.8

7,865.3

Effective Tax Rate

22.9%

20.5%

20.4%

21.8%

20.4%

20.6%