Progressive Corp (PGR · NYSE)

PGR · MARKET VIEW

Market view · as of Jun 22, 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
24.1%
-18.2% vs 52w high · +1.1% 1mo

Price (last ~year)

Progressive Corporation (PGR) reported $2.82 billion in net income for the quarter ending March 31, 2026, contributing to 9.8% year-over-year earnings growth on $89.42 billion in trailing 12-month revenue. The insurer, which holds a market capitalization of $119.28 billion, currently trades at $204.87 with a P/E ratio of 10.42. The company has exceeded earnings estimates in three of the last four quarters and maintains a return on equity of 37.9%.

Valuation

Market cap
$119.28B
P/E
10.42
PEG
31.44
P/B
3.723
P/S
1.334
EV/EBITDA
21.85
Beta
0.27
Analyst target
$230.19

Quality & returns

Gross margin
18.6%
Operating margin
16.4%
Profit margin
12.9%
ROE
37.9%
ROA
7.9%

Price movement

Last
$204.87
1-month
+1.1%
3-month
-0.6%
RSI (14)
72
vs SMA200
-1.8%
52-wk position
24.1% -18.2% vs high

Quarterly trajectory

Revenue by quarter (oldest → newest)

QuarterRevenueOp incomeNet incomeEBITDA
2026-03-31$22.18B$3.57B$2.82B$3.71B
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

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)

Other snapshots