Progressive Corporation (The) (PGR) Stock

About Progressive Corporation (The)

Progressive Corporation (The) is led by CEO Susan Patricia Griffith, employs 66,308 people, headquartered in Mayfield Village, US, publicly traded since 1980.

Progressive Corporation (The) (PGR) stock trades at $228.07 with a market capitalization of $132.53B. The stock is valued at a price-to-earnings (P/E) ratio of 10.29, price-to-book of 3.39, price-to-sales of 1.31. Over the past 52 weeks the stock has ranged between $189.20 and $248.17, and currently trades 8.1% below its 52-week high. It pays a dividend yielding 0.19%.

On profitability, Progressive Corporation (The) generates a return on equity (ROE) of 35.43%, above the typical market range of roughly 12-15%, return on capital employed of 27.45%, an operating margin of 16.23%, a net profit margin of 12.85%.

In its most recent fiscal year, Progressive Corporation (The) reported annual revenue of $87.6B, net profit of $11.3B. Over the last 5 fiscal years, revenue grew at an average annual rate of 15.5%, and net profit grew at an average annual rate of 14.7%.

The balance sheet shows a debt-to-equity ratio of 0.24 (debt below half of shareholders' equity), a current ratio of 0.67, total assets of $123.0B, $125.0M in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

PGR has an average daily trading volume of 2,947,391 shares, a beta of 0.26 (historically less volatile than the overall market).

Progressive Corporation (The) by the numbers, 2016–2025

Between 2016 and 2025 Progressive Corporation (The) reported revenue of $23.4B rising to $87.6B, a change of +274.2% across 10 years. Compounded, revenue has grown 15.5% a year over five years, 20.9% over three, 16.3% over the last twelve months. Net profit rose to $11.3B.

Operating margin went from 6.3% in 2016 to 16.2% in 2025, a gain of 9.9 percentage points. The most recent net margin is 12.85%. On a trailing twelve-month basis to Jun '26, revenue is $91.0B and net profit $11.7B.

Borrowings rose from $3.1B to $6.9B, cash on hand is $839.0M, cash from operations was $17.5B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 22.5% over five years, and was 37.3% in the most recent year.

The share price itself has compounded at 20.6% a year over five years, 22.0% over three, -11.7% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Progressive Corporation (The) (PGR) — frequently asked questions