Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Jun 2, 2026
Revenue (TTM)
$89.42B
+8.7% YoY
Gross margin
18.6%
EPS (latest q)
$4.96
vs $4.88 est · beat
52-wk position
2.8%
-28.9% vs 52w high · -3.3% 1mo
Price (last ~year)
Progressive Corporation, a major U.S. property and casualty insurer, currently trades at a P/E of 9.8 with a market capitalization of $112.42 billion. For the quarter ending March 31, 2026, the company posted $22.18 billion in revenue and $2.82 billion in net income, marking year-over-year growth of 8.7% and 9.8% respectively. Shares recently closed at $192.67, reflecting an 8.5% decline over the last three months and positioning the stock below its 20-, 50-, and 200-day moving averages.
Valuation
- Market cap
- $112.42B
- P/E
- 9.8
- PEG
- 29.22
- P/B
- 3.468
- P/S
- 1.257
- EV/EBITDA
- 21.85
- Beta
- 0.295
- Analyst target
- $230.71
Quality & returns
- Gross margin
- 18.6%
- Operating margin
- 16.4%
- Profit margin
- 12.9%
- ROE
- 37.9%
- ROA
- 7.9%
Price movement
- Last
- $192.67
- 1-month
- -3.3%
- 3-month
- -8.5%
- RSI (14)
- 43
- vs SMA200
- -8.5%
- 52-wk position
- 2.8% -28.9% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-03-31 | $22.18B | $3.57B | $2.82B | $3.64B |
| 2025-12-31 | $22.74B | $3.68B | $2.95B | $3.83B |
| 2025-09-30 | $22.51B | $3.32B | $2.62B | $3.47B |
| 2025-06-30 | $22.00B | $3.98B | $3.17B | $4.13B |
Recent news
- Somewhat-Bullish Is Chubb’s (CB) Bigger Payout And Buyback Plan Reframing Its Capital Allocation Story? · 2026-06-02
- Bullish Progressive Corp. stock outperforms competitors on strong trading day · 2026-06-01
- Neutral ChatGPT Stock Portfolio: Is Progressive (PGR) The Best Stock to Buy in 2026? · 2026-06-01
- Somewhat-Bearish BMO Capital Lowers PT on The Progressive (PGR) Stock · 2026-05-31
- Neutral Have Chubb Insiders Been Selling Stock? · 2026-05-31
- Somewhat-Bearish BofA Maintains Buy Rating on The Progressive Corporation (PGR) · 2026-05-31
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)