Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Aug 24, 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
65.6%
-6.5% vs 52w high · +2.5% 1mo
Price (last ~year)
Progressive Corp (PGR) is trading at $219.28, near its $230.83 analyst target following an 11.4% gain over the last three months. For the quarter ended June 30, 2026, the insurer reported $23.62 billion in revenue and $3.31 billion in net income, reflecting 7.3% year-over-year revenue growth and a 34.9% return on equity. The company maintains a low debt-to-EBITDA ratio of 0.5x, while recent filings show new institutional stakes from firms including the Bank of Nova Scotia and Korea Investment Corp.
Valuation
- Market cap
- $127.48B
- P/E
- 11.0
- PEG
- 62.6
- P/B
- 3.713
- P/S
- 1.401
- EV/EBITDA
- 21.85
- Beta
- 0.257
- Analyst target
- $230.83
Quality & returns
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Profit margin
- 12.9%
- ROE
- 34.9%
- ROA
- 7.8%
Price movement
- Last
- $219.28
- 1-month
- +2.5%
- 3-month
- +11.4%
- RSI (14)
- 61
- vs SMA200
- +5.6%
- 52-wk position
- 65.6% -6.5% 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 Westpac Banking Corp Invests $1.48 Million in The Progressive Corporation $PGR · 2026-08-23
- Somewhat-Bullish Korea Investment CORP Makes New $55.73 Million Investment in The Progressive Corporation $PGR · 2026-08-23
- Somewhat-Bullish Bank of Nova Scotia Purchases Shares of 347,340 The Progressive Corporation $PGR · 2026-08-23
- Neutral Progressive stock trades close to analyst targets as growth and underwriting trends diverge · 2026-08-22
- Somewhat-Bullish First American Financial (FAF) Up 4.4% Since Last Earnings Report: Can It Continue? · 2026-08-21
- Neutral Trillium Asset Management LLC Purchases Shares of 40,082 The Progressive Corporation $PGR · 2026-08-21
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)