Pricing Log in Create free account
Friday 6 November 2026 Export PGR’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

The Progressive Corporation (PGR) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, The Progressive Corporation (PGR) trades at a P/E ratio of 11.7×. Over the past ten years it has ranged from 8.3× (June 2021) to 122× (March 2023); the current reading is higher than 17% of that period. That is in line with the Insurance Property & Casualty industry median of 12.2× and in line with the Financial sector median of 12.2×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 11.8× (28.86%)
FY2024 16.6× (32.24%)
FY2023 24.5× (77.61%)
FY2022 109× 506.20%
FY2021 18.0× 76.97%
FY2020 10.2× (4.95%)
FY2019 10.7× (20.90%)
FY2018 13.6× (33.39%)
FY2017 20.4× 1.39%
FY2016 20.1× 35.72%

Quarterly newest first

Period P/E ratio Change
Sep 2026 10.4× (4.72%)
Jun 2026 10.9× 8.76%
Mar 2026 10.1× (14.84%)
Dec 2025 11.8× (12.66%)
43 more quarters

Against its own ten years

Low 8.3× High 122×
Ten-year median 16.0×
Current reading's percentile 19

P/E ratio against peers

Company P/E ratio
ALL The Allstate Corporation compare 6.0×
TRV The Travelers Companies, Inc. compare 10.4×
CINF Cincinnati Financial Corporation compare 10.9×
PGR The Progressive Corporation 11.7×
CB Chubb Limited compare 12.9×
MKL Markel Group Inc. compare 13.8×
AIZ Assurant, Inc. compare 14.2×
L Loews Corporation compare 15.2×
WRB W.R. Berkley Corporation compare 16.2×
Insurance Property & Casualty industry median 12.2×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on PGR