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.

218.49 4.74 +2.22%
Market cap
$124.2B
P/E
10.9×
Fwd P/E
12.6×
Dividend yield
6.36%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation (PGR) Book value per share

Alert me on 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

Against its own ten years

Low 12.4× High 51.7×
Ten-year median 27.2×
Current reading's percentile 100

Book value per share against peers

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))

The full definition of Book value per share →

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