Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Jul 13, 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
86.3%
-2.7% vs 52w high · +13.0% 1mo
Price (last ~year)
Progressive Corp, recently ranked the second-largest U.S. property and casualty insurer by AM Best, reported Q1 2026 earnings of $4.96 per share on $22.18 billion in revenue. The company maintains a 37.9% return on equity and generated $4.30 billion in free cash flow during the quarter. Shares have gained 17.4% over the last three months, resulting in a current market capitalization of $134.33 billion.
Valuation
- Market cap
- $134.33B
- P/E
- 11.74
- PEG
- 35.19
- P/B
- 4.193
- P/S
- 1.502
- EV/EBITDA
- 21.85
- Beta
- 0.246
- Analyst target
- $233
Quality & returns
- Gross margin
- 18.6%
- Operating margin
- 16.4%
- Profit margin
- 12.9%
- ROE
- 37.9%
- ROA
- 7.9%
Price movement
- Last
- $230.72
- 1-month
- +13.0%
- 3-month
- +17.4%
- RSI (14)
- 72
- vs SMA200
- +10.9%
- 52-wk position
- 86.3% -2.7% 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 | $3.71B |
| 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
- Neutral Candriam S.C.A. Decreases Position in The Progressive Corporation $PGR · 2026-07-12
- Somewhat-Bullish Kinsale Capital stock reflects specialty insurance growth story · 2026-07-12
- Somewhat-Bullish Progressive Corp stock holds steady as insurance leader focuses on underwriting discipline · 2026-07-12
- Somewhat-Bullish AM Best: State Farm continues to lead P&C insurers; Progressive moves to No. 2 · 2026-07-10
- Somewhat-Bearish Progressive Corp. stock outperforms competitors despite losses on the day · 2026-07-09
- Neutral Progressive (NYSE: PGR) CRM president discloses stock and RSU holdings · 2026-07-09
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)