The Progressive Corporation
PGR Financial Insurance Property & Casualty
The Progressive Corporation’s revenue for fiscal 2025 (year ended December 2025) was $87.7 billion, up 16.3% from fiscal 2024. In the quarter to September 2026, revenue fell 3.61%, EPS grew 4.80%, free cash flow fell 12.3% and total debt rose 21.7%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.
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The Progressive Corporation (PGR) Book value per share
The Progressive Corporation's book value per share at the end of fiscal 2025 was 51.7×, up 18.3% from 43.7× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 0.0×. Over the past ten years it has ranged from 12.4× (fiscal 2015) to 51.7× (fiscal 2025) — the current reading is the highest in ten years. The Progressive Corporation ranks 45th of 45 Insurance Property & Casualty companies by book value per share.
Book value per share, annual
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Annual newest first
| Period | Book value per share | Change |
|---|---|---|
| FY2025 | 51.7× | 18.33% |
| FY2024 | 43.7× | 26.08% |
| FY2023 | 34.7× | 27.49% |
| FY2022 | 27.2× | (12.82%) |
| FY2021 | 31.2× | 7.07% |
| FY2020 | 29.1× | 24.38% |
| FY2019 | 23.4× | 26.05% |
| FY2018 | 18.6× | 16.23% |
| FY2017 | 16.0× | 16.87% |
| FY2016 | 13.7× | 9.87% |
Quarterly newest first
| Period | Book value per share | Change |
|---|---|---|
| Sep 2026 | 0.0× | — |
| Jun 2026 | 58.9× | 7.64% |
| Mar 2026 | 54.7× | 5.79% |
| Dec 2025 | 51.7× | (14.42%) |
| 43 more quarters | Free account |
Against its own ten years
Book value per share against peers
| Company | Book value per share |
|---|---|
| MKL Markel Group Inc. compare | 1,515× |
| CB Chubb Limited compare | 209× |
| TRV The Travelers Companies, Inc. compare | 157× |
| ALL The Allstate Corporation compare | 132× |
| AIZ Assurant, Inc. compare | 123× |
| CINF Cincinnati Financial Corporation compare | 108× |
| L Loews Corporation compare | 97.5× |
| WRB W.R. Berkley Corporation compare | 25.3× |
| PGR The Progressive Corporation | 0.0× |
What Book value per share is
BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.
(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))
More on PGR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Revenue growth
- Piotroski F-score
- The full statement