Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Jul 27, 2026
Revenue (TTM)
$91.02B
+7.3% YoY
Gross margin
18.5%
EPS (latest q)
$4.85
vs $4.70 est · beat
52-wk position
50.2%
-9.8% vs 52w high · -0.8% 1mo
Price (last ~year)
Progressive Corp (PGR) reported $23.62 billion in revenue and $3.31 billion in net income for the quarter ending June 30, 2026, exceeding analyst expectations with earnings of $4.85 per share. The insurer, which holds a $124.32 billion market capitalization, maintains a 34.9% return on equity and a 12.9% profit margin alongside 7.3% year-over-year revenue growth. Shares closed at $213.83, rising 3.3% on the day.
Valuation
- Market cap
- $124.32B
- P/E
- 10.73
- PEG
- 61.29
- P/B
- 3.621
- P/S
- 1.366
- EV/EBITDA
- 21.85
- Beta
- 0.246
- Analyst target
- $232.67
Quality & returns
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Profit margin
- 12.9%
- ROE
- 34.9%
- ROA
- 7.8%
Price movement
- Last
- $213.83
- 1-month
- -0.8%
- 3-month
- +5.4%
- RSI (14)
- 36
- vs SMA200
- +3.1%
- 52-wk position
- 50.2% -9.8% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $23.62B | $4.21B | $3.31B | $4.38B |
| 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 |
Recent news
- Neutral Berkley W R Corp Has $41.15 Million Holdings in The Progressive Corporation $PGR · 2026-07-27
- Neutral Bank of New York Mellon Corp Boosts Stock Holdings in Rithm Capital Corp. $RITM · 2026-07-27
- Somewhat-Bullish Progressive stock trades near record levels as underwriting margin supports growth · 2026-07-27
- Neutral Markel Group Inc (MKL) Earnings Forecast: Future EPS & Revenue Growth Estimates · 2026-07-26
- Somewhat-Bullish Travelers remains open to M&A following strong Q2 · 2026-07-26
- Somewhat-Bullish XZO|Exzeo Group Inc|Price:15.310|Chg%:+0.410 · 2026-07-26
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)