Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Aug 10, 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
53.4%
-9.2% vs 52w high · -6.7% 1mo
Price (last ~year)
Progressive Corporation (PGR) reported second-quarter 2026 revenue of $23.62 billion and net income of $3.31 billion, with earnings per share of $4.85 exceeding analyst estimates of $4.70. The insurer maintains a market capitalization of $125.19 billion, supported by a 34.9% return on equity and a 10.8 P/E ratio. Shares closed at $215.33, reflecting an 8.6% gain over the last three months despite a 6.7% decline in the past month.
Valuation
- Market cap
- $125.19B
- P/E
- 10.8
- PEG
- 61.72
- P/B
- 3.646
- P/S
- 1.375
- EV/EBITDA
- 21.85
- Beta
- 0.257
- Analyst target
- $229.78
Quality & returns
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Profit margin
- 12.9%
- ROE
- 34.9%
- ROA
- 7.8%
Price movement
- Last
- $215.33
- 1-month
- -6.7%
- 3-month
- +8.6%
- RSI (14)
- 54
- vs SMA200
- +4.0%
- 52-wk position
- 53.4% -9.2% 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 Berkshire Hathaway accelerates buybacks, lowers cash stake as profit tops forecasts · 2026-08-09
- Neutral James River Group Holdings Ltd (JRVR) Earnings Forecast: Future EPS & Revenue Growth Estimates · 2026-08-08
- Somewhat-Bullish Czech National Bank Purchases 6,702 Shares of The Progressive Corporation $PGR · 2026-08-08
- Neutral Employers Holdings (EIG) Q2 2026 Earnings Call Transcript · 2026-08-08
- Bearish Allstate Corp (ALL) Stock News Today · 2026-08-07
- Neutral NI Holdings Inc (NODK) Earnings Forecast: Future EPS & Revenue Growth Estimates · 2026-08-07
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)