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.

Revenue
+3.02%
EPS
−1.80%
Free cash flow
−14.3%
Total debt
+21.7%

Quarter to September 2026, against a year earlier

233.12 1.70 −0.72%
Market cap
$135.1B
P/E
11.7×
Fwd P/E
12.4×
Dividend yield
5.96%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation (PGR) EBITDA

Alert me on EBITDA

The Progressive Corporation's EBITDA for fiscal 2025 was $15.3B, up 30.1% from $11.7B in fiscal 2024. Over the twelve months to 30 September 2026 it was $15.8B. Over the past ten years it has ranged from $1.8B (fiscal 2022) to $15.3B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 3 consecutive fiscal years. The Progressive Corporation ranks 3rd of 45 Insurance Property & Casualty companies by EBITDA.

EBITDA, annual

Embed this chart

Annual newest first

Period EBITDA Change
FY2025 $15.3B 30.13%
FY2024 $11.7B 99.57%
FY2023 $5.9B 232.18%
FY2022 $1.8B (65.83%)
FY2021 $5.2B (35.71%)
FY2020 $8.0B 36.58%
FY2019 $5.9B 55.68%
FY2018 $3.8B 37.76%
FY2017 $2.7B 37.20%
FY2016 $2.0B (16.44%)

Quarterly newest first

Period EBITDA Change
Sep 2026 $3.5B (21.39%)
Jun 2026 $4.5B 18.62%
Mar 2026 $3.8B (3.16%)
Dec 2025 $3.9B 9.02%
43 more quarters

Against its own ten years

Low $1.8B High $15.3B
Ten-year median $5.2B
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

More on PGR