The Progressive Corporation (PGR)

PGR Ratios and Metrics

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

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 27, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	141,192	93,173	75,889	60,057	57,874	42,321
Market Cap Growth	82.27%	22.77%	26.36%	3.77%	36.75%	20.30%
Enterprise Value	147,948	100,431	82,420	65,178	63,860	47,603
PE Ratio	17.52	24.11	109.26	18.07	10.19	10.73
PS Ratio	1.96	1.50	1.53	1.26	1.36	1.09
PB Ratio	5.20	4.59	4.78	3.29	3.40	3.04
P/FCF Ratio	9.88	8.97	11.57	7.99	8.66	7.18
P/OCF Ratio	9.70	8.75	11.08	7.74	8.38	6.76
EV/Sales Ratio	2.06	1.62	1.66	1.37	1.50	1.22
EV/EBITDA Ratio	13.67	18.35	47.72	13.68	8.27	8.42
EV/EBIT Ratio	14.05	19.42	59.28	14.72	8.64	8.90
EV/FCF Ratio	10.35	9.66	12.57	8.67	9.56	8.07
Debt / Equity Ratio	0.25	0.35	0.40	0.28	0.33	0.33
Debt / EBITDA Ratio	0.63	1.27	3.70	1.05	0.71	0.80
Debt / FCF Ratio	0.48	0.68	0.97	0.68	0.83	0.78
Quick Ratio	0.23	0.23	0.25	0.23	0.33	0.26
Current Ratio	0.31	0.32	0.38	0.35	0.44	0.38
Asset Turnover	0.75	0.76	0.68	0.71	0.72	0.77
Return on Equity (ROE)	36.41%	21.58%	4.23%	19.00%	36.88%	31.92%
Return on Assets (ROA)	6.89%	3.94%	1.19%	4.09%	7.76%	6.59%
Return on Capital (ROIC)	22.56%	13.03%	3.81%	12.05%	22.46%	19.70%
Earnings Yield	5.73%	4.19%	0.95%	5.58%	9.86%	9.38%
FCF Yield	10.12%	11.15%	8.64%	12.52%	11.55%	13.94%
Dividend Yield	2.03%	0.73%	0.31%	1.87%	5.36%	4.10%
Payout Ratio	35.61%	7.11%	36.15%	112.61%	27.66%	42.06%
Buyback Yield / Dilution	-0.04%	-0.07%	0.02%	0.09%	-0.07%	-0.09%
Total Shareholder Return	1.99%	0.66%	0.33%	1.96%	5.29%	4.02%

Source: S&P Capital IQ. Insurance template. Financial Sources.