Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Aug 3, 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
45.1%
-10.8% vs 52w high · -9.0% 1mo
Price (last ~year)
Progressive Corp (PGR) reported Q2 2026 revenue of $23.62 billion and net income of $3.31 billion, reflecting a 7.3% year-over-year revenue increase and an earnings beat for the third time in four quarters. The company maintains a $122.92 billion market capitalization with $0 total debt and a 34.9% return on equity. Shares closed at $211.42, down 9.0% over the last month but up 7.0% over the previous three months.
Valuation
- Market cap
- $122.92B
- P/E
- 10.6
- PEG
- 60.6
- P/B
- 3.58
- P/S
- 1.351
- EV/EBITDA
- 21.85
- Beta
- 0.246
- Analyst target
- $230.24
Quality & returns
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Profit margin
- 12.9%
- ROE
- 34.9%
- ROA
- 7.8%
Price movement
- Last
- $211.42
- 1-month
- -9.0%
- 3-month
- +7.0%
- RSI (14)
- 33
- vs SMA200
- +2.1%
- 52-wk position
- 45.1% -10.8% 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 PGR5372890 Bond Profile — Key Metrics · 2026-08-02
- Neutral PGR4742818 Bond Profile — Key Metrics · 2026-08-01
- Neutral MCY|Mercury General Corp|Price:107.120|Chg%:+0.385 · 2026-08-01
- Neutral PGR|Progressive Corp|Price:211.420|Chg%:-1.860 · 2026-07-31
- Somewhat-Bullish FAF|First American Financial Corp|Price:74.990|Chg%:-0.520 · 2026-07-31
- Somewhat-Bullish Results: The Hanover Insurance Group, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts · 2026-07-31
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)