Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Aug 17, 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
41.2%
-11.6% vs 52w high · +0.8% 1mo
Price (last ~year)
Progressive Corp (PGR) posted second-quarter revenue of $23.62 billion and net income of $3.31 billion, reflecting a 5.0% year-over-year increase in earnings. The insurer, which holds a market capitalization of $121.86 billion and a P/E ratio of 10.52, has exceeded quarterly earnings estimates in three of the last four periods. Shares closed at $209.60 amid a series of new position initiations by institutional investors.
Valuation
- Market cap
- $121.86B
- P/E
- 10.52
- PEG
- 60.07
- P/B
- 3.549
- P/S
- 1.339
- 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
- $209.60
- 1-month
- +0.8%
- 3-month
- +3.4%
- RSI (14)
- 39
- vs SMA200
- +1.2%
- 52-wk position
- 41.2% -11.6% 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
- Somewhat-Bullish One Wealth Advisors LLC Invests $1.34 Million in The Progressive Corporation $PGR · 2026-08-16
- Somewhat-Bullish Avalon Trust Co Takes $25.87 Million Position in The Progressive Corporation $PGR · 2026-08-16
- Neutral 31,220 Shares in The Progressive Corporation $PGR Purchased by Summit Global Investments · 2026-08-15
- Somewhat-Bullish Oppenheimer Asset Management Inc. Invests $11.92 Million in The Progressive Corporation $PGR · 2026-08-15
- Somewhat-Bullish Liberty Capital Management Inc. Buys New Holdings in The Progressive Corporation $PGR · 2026-08-15
- Somewhat-Bullish Everett Harris & Co. CA Buys New Holdings in The Progressive Corporation $PGR · 2026-08-15
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)