Progressive Earnings: Results Still Strong, but More Negative Signs
Progressive's third-quarter results remained strong in an absolute sense, but we see further signs that favorable conditions are coming to an end.
Progressive Corp PGR
Bulls Say, Bears Say
Bulls
Progressive has consistently outperformed peers in terms of underwriting margins.
Bears
Progressive operates in an industry that competes almost entirely on price.
News
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Progressive Shares Down After Reporting Lower 3Q Profit, Earnings
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Progressive Down Over 9%, on Pace for Largest Percent Decrease Since April 2025 — Data Talk
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Progressive Reports September 2026 Results
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Progressive Reports Drop in August Profit Despite Net Premiums Growth
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Progressive Reports August 2026 Results
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U.S. Army Veteran to Receive 2024 Freightliner Cascadia Through Progressive's Keys to Progress® Program
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Progressive Reports July 2026 Results
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Congress Members Ask Insurers for Information on Credit-Based Home Insurance
Articles & Videos
Trading Information
- Previous Close Price
- $221.93
- Day Range
- $219.59–222.98
- 52-Week Range
- $189.20–239.38
- Bid/Ask
- $219.03 / $223.13
- Shares Outstanding
- 580.40M
- Market Cap
- $128.47B
- Volume/Avg
- 2M / 3M
Key Statistics
- Price/Earnings (Normalized)
- 11.18
- Price/Sales
- 1.42
- Dividend Yield (Trailing)
- 6.26%
- Dividend Yield (Forward)
- 0.18%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 7.19%
Company Profile
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Stock Style Box
- Large Value
- Total Number of Employees
- 70,000
- Website
- https://www.progressive.com
Competitors
Valuation
|
Metric
|
PGR
|
BRK.B
|
ALL
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.18 | 13.57 | 5.54 |
Price/Book Value | 3.74 | 1.55 | 2.00 |
Price/Sales | 1.42 | 2.66 | 0.95 |
Price/Cash Flow | 11.86 | 28.61 | 5.59 |
Price/Earnings
PGR
BRK.B
ALL
Financial Strength
|
Metric
|
PGR
|
BRK.B
|
ALL
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 50.76 | 21.59 | 44.22 |
Quick Ratio
No chart available
Profitability
|
Metric
|
PGR
|
BRK.B
|
ALL
|
|---|---|---|---|
Return on Assets (Normalized) | — | 7.02% | 9.83% |
Return on Equity (Normalized) | — | 12.09% | 43.26% |
Return on Invested Capital (Normalized) | — | 10.72% | 32.79% |
Return on Assets
PGR
BRK.B
ALL
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United States