The Progressive Corporation (PGR)

PGR Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 14, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	132,045	140,366	93,173	75,889	60,057	57,874
Market Cap Growth	-6.71%	50.65%	22.77%	26.36%	3.77%	36.75%
Enterprise Value	139,261	147,122	100,431	82,420	65,178	63,860
PE Ratio	12.36	16.59	24.11	109.19	18.07	10.19
PS Ratio	1.54	1.86	1.50	1.53	1.26	1.36
PB Ratio	3.69	5.49	4.60	4.78	3.29	3.40
P/FCF Ratio	7.77	9.46	8.97	11.57	7.99	8.66
P/OCF Ratio	7.62	9.28	8.75	11.08	7.74	8.38
EV/Sales Ratio	1.64	1.95	1.62	1.66	1.37	1.50
EV/EBITDA Ratio	9.88	13.05	18.40	48.57	13.68	8.27
EV/EBIT Ratio	10.10	13.38	19.42	59.25	14.72	8.64
EV/FCF Ratio	8.17	9.92	9.66	12.57	8.67	9.56
Debt / Equity Ratio	0.20	0.28	0.35	0.40	0.28	0.33
Debt / EBITDA Ratio	0.49	0.62	1.27	3.76	1.05	0.71
Debt / FCF Ratio	0.40	0.48	0.68	0.97	0.68	0.83
Quick Ratio	0.23	0.21	0.23	0.25	0.23	0.33
Current Ratio	0.30	0.29	0.32	0.38	0.35	0.44
Asset Turnover	0.75	0.78	0.76	0.68	0.71	0.72
Return on Equity (ROE)	34.22%	36.98%	21.58%	4.23%	19.00%	36.88%
Return on Assets (ROA)	7.60%	7.07%	3.94%	1.19%	4.09%	7.76%
Return on Capital (ROIC)	22.56%	22.89%	13.03%	3.81%	12.05%	22.46%
Earnings Yield	8.08%	6.04%	4.19%	0.95%	5.58%	9.86%
FCF Yield	12.86%	10.57%	11.15%	8.64%	12.52%	11.55%
Dividend Yield	2.18%	2.09%	0.74%	0.32%	1.91%	5.47%
Payout Ratio	26.89%	8.04%	7.10%	36.15%	112.61%	27.66%
Buyback Yield / Dilution	-0.06%	-0.03%	-0.07%	0.02%	0.08%	-0.07%
Total Shareholder Return	2.11%	2.05%	0.67%	0.34%	2.00%	5.40%

Updated Oct 15, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q