Progressive Corp (PGR · NYSE)
PGR · MARKET VIEW
Market view · as of Aug 31, 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
64.1%
-6.8% vs 52w high · +3.4% 1mo
Price (last ~year)
Progressive Corp reported Q2 2026 revenue of $23.62 billion and net income of $3.31 billion, reflecting year-over-year growth of 7.3% and 5.0% respectively. The insurer, which maintains a market capitalization of $127.05 billion and a P/E ratio of 10.92, recorded recent institutional activity including a 4.28 million share acquisition by Jupiter Topco LLC. Shares closed at $218.64, compared to a consensus analyst price target of $230.81.
Valuation
- Market cap
- $127.05B
- P/E
- 10.92
- PEG
- 62.13
- P/B
- 3.684
- P/S
- 1.396
- EV/EBITDA
- 21.85
- Beta
- 0.257
- Analyst target
- $230.81
Quality & returns
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Profit margin
- 12.9%
- ROE
- 34.9%
- ROA
- 7.8%
Price movement
- Last
- $218.64
- 1-month
- +3.4%
- 3-month
- +13.1%
- RSI (14)
- 55
- vs SMA200
- +5.0%
- 52-wk position
- 64.1% -6.8% 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
- Somewhat-Bullish 4,281,720 Shares in The Progressive Corporation $PGR Acquired by Jupiter Topco LLC · 2026-08-26
- Somewhat-Bullish Cibc World Market Inc. Takes $8.34 Million Position in The Progressive Corporation $PGR · 2026-08-26
- Bullish ERIC Urges Appeals Court to Uphold Dismissal favoring Progressive in Surcharge Case · 2026-08-25
- Somewhat-Bullish Progressive stock steadies after Q2 earnings as institutional buying builds · 2026-08-25
- Neutral Progressive (NYSE:PGR): Can Insurance Momentum Stay Strong? · 2026-08-25
- Somewhat-Bullish Analysts Conflicted on These Financial Names: Progressive (PGR) and Carlyle Secured Lending Inc (CGBD) · 2026-08-25
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)