The Progressive Corporation PGR
- Market cap
- $117.7B
- P/E
- 10.3×
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The Progressive Corporation (PGR) Free cash flow margin
The Progressive Corporation's free cash flow margin over the twelve months to 30 June 2026 was 17.6%, down 2.1 percentage points from fiscal 2025 (19.7%). Over the past ten years it has ranged from 10.4% (fiscal 2015) to 19.8% (fiscal 2024); the current reading is higher than 91% of that period. That is in line with the Insurance Property & Casualty industry median of 17.6% and above the Financial sector median of 15.6%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 19.7% | (0.07) |
| FY2024 | 19.8% | 2.97 |
| FY2023 | 16.8% | 3.52 |
| FY2022 | 13.3% | (2.61) |
| FY2021 | 15.9% | 0.18 |
| FY2020 | 15.7% | 0.47 |
| FY2019 | 15.3% | (3.60) |
| FY2018 | 18.9% | 5.38 |
| FY2017 | 13.5% | 2.70 |
| FY2016 | 10.8% | 0.35 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| CB Chubb Limited compare | 24.9% |
| CINF Cincinnati Financial Corporation compare | 24.4% |
| WRB W.R. Berkley Corporation compare | 22.9% |
| TRV The Travelers Companies, Inc. compare | 22.4% |
| PGR The Progressive Corporation | 17.6% |
| ALL The Allstate Corporation compare | 17.5% |
| MKL Markel Group Inc. compare | 12.8% |
| AIZ Assurant, Inc. compare | 12.3% |
| L Loews Corporation compare | 9.45% |
| Insurance Property & Casualty industry median | 17.6% |
| Financial sector median | 15.6% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on PGR
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement