Progressive Corp. (PGR): Price and Financial Metrics

Progressive Corp. (PGR): $137.83

1.14 (+0.83%)

POWR Rating

Component Grades














  • Stability is the dimension where PGR ranks best; there it ranks ahead of 87.2% of US stocks.
  • PGR's strongest trending metric is Quality; it's been moving up over the last 179 days.
  • PGR ranks lowest in Value; there it ranks in the 11th percentile.

PGR Stock Summary

  • PGR has a market capitalization of $80,010,129,521 -- more than approximately 97.4% of US stocks.
  • PGR's went public 36.73 years ago, making it older than 93.08% of listed US stocks we're tracking.
  • With a price/earnings ratio of 115.19, PROGRESSIVE CORP P/E ratio is greater than that of about 95.74% of stocks in our set with positive earnings.
  • Stocks that are quantitatively similar to PGR, based on their financial statements, market capitalization, and price volatility, are EL, CI, MDLZ, INFY, and ITW.
  • PGR's SEC filings can be seen here. And to visit PROGRESSIVE CORP's official web site, go to

PGR Valuation Summary

  • In comparison to the median Financial Services stock, PGR's EV/EBIT ratio is 576.15% higher, now standing at 73.7.
  • Over the past 243 months, PGR's price/sales ratio has gone up 0.2.

Below are key valuation metrics over time for PGR.

Stock Date P/S P/B P/E EV/EBIT
PGR 2023-03-17 1.6 5.0 114.9 73.7
PGR 2023-03-16 1.7 5.3 120.4 77.0
PGR 2023-03-15 1.6 5.0 113.8 73.1
PGR 2023-03-14 1.7 5.2 119.5 76.5
PGR 2023-03-13 1.6 5.1 117.6 75.4
PGR 2023-03-10 1.7 5.2 118.5 75.9

PGR Growth Metrics

    Its year over year revenue growth rate is now at 7.41%.
  • Its 3 year net income to common stockholders growth rate is now at -26.82%.
  • The 5 year net income to common stockholders growth rate now stands at 197.19%.
PGR's revenue has moved up $25,405,100,000 over the prior 70 months.

The table below shows PGR's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 49,610.7 6,848.8 694.6
2022-09-30 48,633 6,371.3 830.5
2022-06-30 47,712 6,715.2 824.9
2022-03-31 48,098.3 7,649.5 2,157.9
2021-12-31 47,702 7,761.7 3,324
2021-09-30 46,625.7 8,856.9 4,046

PGR's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • PGR has a Quality Grade of C, ranking ahead of 73.86% of graded US stocks.
  • PGR's asset turnover comes in at 0.686 -- ranking 18th of 133 Insurance stocks.
  • ITIC, MTG, and HCI are the stocks whose asset turnover ratios are most correlated with PGR.

The table below shows PGR's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.686 0.320 0.074
2021-06-30 0.697 0.361 0.101
2021-03-31 0.711 0.394 0.124
2020-12-31 0.703 0.386 0.113
2020-09-30 0.719 0.371 0.105
2020-06-30 0.723 0.357 0.094

PGR Price Target

For more insight on analysts targets of PGR, see our PGR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $97.08 Average Broker Recommendation 1.93 (Hold)

PGR Stock Price Chart Interactive Chart >

Price chart for PGR

PGR Price/Volume Stats

Current price $137.83 52-week high $146.50
Prev. close $136.69 52-week low $106.35
Day low $136.09 Volume 2,445,400
Day high $137.98 Avg. volume 2,451,877
50-day MA $138.01 Dividend yield 0.29%
200-day MA $126.61 Market Cap 80.68B

Progressive Corp. (PGR) Company Bio

The Progressive Corporation is an American insurance company, the third largest insurance carrier and the No. 1 commercial auto insurer in the United States. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield VillageOhioUSA. The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWC, and commercial vehicles. Progressive also provides homelifepet, and other insurance through select companies. Progressive has expanded internationally as well, offering auto insurance in Australia. (Source:Wikipedia)

PGR Latest News Stream

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Latest PGR News From Around the Web

Below are the latest news stories about PROGRESSIVE CORP that investors may wish to consider to help them evaluate PGR as an investment opportunity.

7 Established Stocks That Are Poised for Growth in 2023

The youngest of these stocks that are poised for growth in 2023 was founded in 1993.

Will Ashworth on InvestorPlace | March 23, 2023

7 Defensive Stocks to Buy During This Chaotic Spell

With turmoil erupting on Wall Street over the banking sector crisis, investors should turn to reliable defensive stocks to buy.

Josh Enomoto on InvestorPlace | March 20, 2023

Progressive (PGR) February Earnings & Revenues Increase Y/Y

Progressive's (PGR) February earnings reflect solid policies in force, higher premium and improved investment income, partly offset by higher expenses.

Yahoo | March 16, 2023

Progressive Reports February 2023 Results

MAYFIELD VILLAGE, OHIO, March 15, 2023 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for February 2023: February(millions, except per share amounts and ratios; unaudited) 2023 2022 ChangeNet premiums written$6,057.8 $4,625.7 31 %Net premiums earned$4,166.6 $3,626.1 15 %Net income$150.3 $61.6 144 %Per share available to common shareholders$0.25 $0.10 149 %Total pretax net realized gains (losses) on securities$(117.1) $(209.4) (44)%Combined ratio 9

Yahoo | March 15, 2023

7 Stocks to Buy Now if the Fed Raises Rates

With the Federal Reserve likely to hike borrowing costs, investors should think carefully about stocks to buy for rising interest rates.

Josh Enomoto on InvestorPlace | March 13, 2023

Read More 'PGR' Stories Here

PGR Price Returns

1-mo -3.27%
3-mo 6.56%
6-mo 13.59%
1-year 21.20%
3-year 114.84%
5-year 167.50%
YTD 6.34%
2022 26.81%
2021 10.84%
2020 41.48%
2019 25.14%
2018 9.39%

PGR Dividends

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Continue Researching PGR

Here are a few links from around the web to help you further your research on Progressive Corp's stock as an investment opportunity:

Progressive Corp (PGR) Stock Price | Nasdaq
Progressive Corp (PGR) Stock Quote, History and News - Yahoo Finance
Progressive Corp (PGR) Stock Price and Basic Information | MarketWatch

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