The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
213.75
+0.29 (0.14%)
At close: Oct 15, 2026, 4:00 PM EDT
215.00
+1.25 (0.58%)
After-hours: Oct 15, 2026, 7:59 PM EDT
PGR Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 91,699 | 87,637 | 75,343 | 62,083 | 49,587 | 47,677 |
Revenue Growth | 7.67% | 16.32% | 21.36% | 25.20% | 4.01% | 11.82% |
Operating Income Operating Income Growth | 15,007 | 14,501 | 10,992 | 5,172 | 1,391 | 4,429 |
Net Income Net Income Growth | 11,622 | 11,308 | 8,463 | 3,865 | 695 | 3,324 |
Earnings Per Share EPS Growth | 19.85 | 19.23 | 14.40 | 6.58 | 1.18 | 5.66 |
EPS Growth | 8.95% | 33.54% | 118.84% | 457.63% | -79.15% | -41.41% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Personal Lines Premium Total Personal Lines Premium Growth | 74,759 | 70,778 | 60,091 | 48,765 | 40,150 | 37,416 |
Commercial Lines Premium Commercial Lines Premium Growth | 10,738 | 10,881 | 10,707 | 9,899 | 9,088 | 6,945 |
Other Indemnity Premium Other Indemnity Premium Growth | - | 2 | 1 | 1 | 2.7 | 7.7 |
Fees & Other Fees & Other Growth | 1,213 | 1,196 | 1,064 | 889.1 | 722.1 | 691.8 |
Service Businesses Service Businesses Growth | 543 | 504 | 413 | 310.1 | 299.3 | 271.4 |
Investments Investments Growth | 4,476 | 4,310 | 3,096 | 2,245 | -651.9 | 2,370 |
Revenue (Total) Revenue (Total) Growth | 91,735 | 87,671 | 75,372 | 62,109 | 49,611 | 47,702 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 0 | 125 | 143 | 85 | 203.5 | 187.1 |
Total Debt Total Debt Growth | 8,389 | 7,102 | 7,089 | 7,066 | 6,388 | 5,080 |
Net Cash (Debt) Net Cash Growth | -8,389 | -6,977 | -6,946 | -6,981 | -6,185 | -4,893 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -14.33 | -11.86 | -11.82 | -11.88 | -10.53 | -8.33 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | - | 17,548 | 15,119 | 10,643 | 6,849 | 7,762 |
Capital Expenditures CapEx Growth | - | -348 | -285 | -252 | -292 | -243.5 |
Free Cash Flow Free Cash Flow Growth | - | 17,200 | 14,834 | 10,391 | 6,557 | 7,518 |
Free Cash Flow Growth | - | 15.95% | 42.76% | 58.47% | -12.78% | 12.51% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Margin | 16.37% | 16.55% | 14.59% | 8.33% | 2.80% | 9.29% |
Pretax Margin | 16.02% | 16.23% | 14.22% | 7.90% | 1.86% | 8.83% |
Profit Margin | 12.67% | 12.90% | 11.23% | 6.23% | 1.40% | 6.97% |
FCF Margin | - | 19.63% | 19.69% | 16.74% | 13.22% | 15.77% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 16, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.400 | 0.400 | 0.400 | 0.400 | 0.400 | 0.400 |
Dividend Per Share Growth | 183.67% | 0% | 0% | 0% | 0% | 0% |
Dividend Yield | 0.19% | 0.18% | 0.17% | 0.25% | 0.31% | 0.39% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 16, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 10.77 | 11.81 | 16.59 | 24.11 | 109.19 | 18.07 |
Forward PE | 13.35 | 14.03 | 17.14 | 19.29 | 21.42 | 24.87 |
P/FCF Ratio | 7.77 | 7.76 | 9.46 | 8.97 | 11.57 | 7.99 |
PS Ratio | 1.35 | 1.52 | 1.86 | 1.50 | 1.53 | 1.26 |