SuperworthProgressive PGR
- Market cap
- $132.6B
- PE
- 11.5×
- 10y median 18.1×
- Forward PE
- 14.2×
- 10y median 14.8×
- Price to sales
- n/m
- Q3 FY26 missing
- Revenue, 12 months
- n/m
- Q3 FY26 missing
- Net margin
- n/m
- Q3 FY26 missing
Progressive trades at 11.5× trailing earnings, cheaper than 82% of the last ten years.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $16.9B+25% | $17.2B+21% | $18.1B+18% | $19.7B+27% | $20.3B+20% | $20.4B+18% | $22B+21% | $22.5B+14% | $22.7B+12% | $22.2B+9% | $23.6B+7% | n/a | |
| Interest expense | $69.7M+11% | $69.6M+10% | $69M+5% | $69.9M+0% | $69.9M+0% | $70M+1% | $69M+0% | $70M+0% | $69M−1% | $70M+0% | $88M+28% | n/a |
| Pre-tax income | $2.5B+144% | $2.9B+430% | $1.9B+327% | $2.9B+109% | $3B+19% | $3.2B+10% | $4B+114% | $3.3B+13% | $3.7B+24% | $3.6B+10% | $4.2B+6% | n/a |
| $515.6M+159% | $608.5M+471% | $401M+344% | $612M+112% | $611.4M+19% | $669M+10% | $807M+101% | $708M+16% | $731M+20% | $748M+12% | $898M+11% | n/a | |
| Net income | $2B+141% | $2.3B+421% | $1.5B+322% | $2.3B+108% | $2.4B+19% | $2.6B+10% | $3.2B+118% | $2.6B+12% | $3B+25% | $2.8B+10% | $3.3B+4% | $2.5B−3% |
| $3.37+141% | $3.94+425% | $2.48+335% | $3.97+110% | $4.01+19% | $4.37+11% | $5.40+118% | $4.45+12% | $5.02+25% | $4.80+10% | $5.67+5% | $4.37−2% | |
| 587.5M+0% | 587.3M+0% | 587.4M+0% | 587.6M+0% | 587.7M+0% | 587.7M+0% | 587.8M+0% | 588.2M+0% | 588M+0% | 586.9M−0% | 584.2M−1% | 582.2M−1% |
Net income: 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: 4 periods, Q4 FY08 to Q4 FY17: quarter's net income to common over its shares, to the cent. 14 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: Q4 FY08: share-days: the 12-month average less the 9-month, weighted by days. 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $20.2B | $19.1B to $20.7B | $4.06 | $3.47 to $4.58 | 15 |
| Q1 FY27 | $24.3B | $23.4B to $25.4B | $4.42 | $4.03 to $4.99 | 13 |
| Q2 FY27 | $22.4B | $21.7B to $23B | $3.91 | $3.76 to $4.04 | 5 |
| Q3 FY27 | $23.7B | $22.9B to $24.3B | $3.62 | $3.47 to $3.74 | 5 |
| Q4 FY27 | $21.7B | $21B to $22.2B | $4.13 | $3.96 to $4.27 | 5 |
| Q1 FY28 | $25.7B | $25B to $26.4B | $4.42 | $4.25 to $4.58 | 6 |
| Q2 FY28 | $23.7B | $23B to $24.4B | $3.78 | $3.63 to $3.91 | 6 |
| Q3 FY28 | $25.1B | $24.4B to $25.8B | $3.49 | $3.35 to $3.61 | 6 |
Peers
Companies in Insurance - Property & Casualty nearest Progressive's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| PGRProgressive | $132.6B | 11.5× | 18.1× | 14.2× | n/m | n/m | n/m |
| CBChubb | $137B | 12.4× | 13.8× | 12.3× | n/m | n/m | n/m |
| TRVTravelers Companies | $81.6B | 10.4× | 13.8× | 13.0× | 1.7× | +1% | 17.0% |
| ALLAllstate | $64B | 5.1× | 11.5× | 8.8× | 0.9× | +6% | 19.0% |
| WRBW. R. Berkley | $27.2B | 15.1× | 15.5× | 15.3× | 1.8× | +4% | 12.9% |
| CINFCincinnati Financial | $27.1B | 8.3× | 12.7× | 19.8× | 1.9× | +20% | 23.8% |
| MKLMarkel | $23.2B | 10.4× | 13.6× | 16.2× | 1.5× | +3% | 14.7% |
| LLoews | $22.9B | 13.7× | 13.7× | n/m | 1.2× | +4% | 9.0% |
| EGEverest | $15.3B | 8.4× | 12.4× | n/m | 0.9× | −5% | 11.4% |
| RNRRenaissancere | $14.7B | 6.0× | 11.5× | n/m | 1.3× | −14% | 23.8% |
| Peer median | $27.1B | 10.4× | 13.6× | 14.2× | 1.4× | +3% | 15.9% |
Investors who own it
Investors we follow who held Progressive at the end of Jun 30, 2026, from their 13F filings.
- François RochonGiverny Capital4.0% of portfolioadded
- Tom GaynerMarkel Group1.3% of portfolio
- Reinhart PartnersReinhart Partners0.1% of portfoliotrimmed
- Ron BaronBaron Capital0.0% of portfoliotrimmed
More on Progressive
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .