The Progressive Corporation PGR
- Market cap
- $117.7B
- P/E
- 10.3×
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The Progressive Corporation (PGR) Price to free cash flow
As of 25 September 2026, The Progressive Corporation (PGR) trades at a price to free cash flow of 7.5×. Over the past ten years it has ranged from 5.6× (January 2019) to 13.3× (April 2023); the current reading is higher than 20% of that period. That is in line with the Insurance Property & Casualty industry median of 7.5× and below the Financial sector median of 10.0×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 7.7× | (17.88%) |
| FY2024 | 9.4× | 3.88% |
| FY2023 | 9.1× | (21.50%) |
| FY2022 | 11.5× | 45.84% |
| FY2021 | 7.9× | (8.30%) |
| FY2020 | 8.6× | 21.49% |
| FY2019 | 7.1× | 21.83% |
| FY2018 | 5.8× | (34.44%) |
| FY2017 | 8.9× | 8.57% |
| FY2016 | 8.2× | (4.44%) |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 8.0× | 13.04% |
| Mar 2026 | 7.0× | (8.94%) |
| Dec 2025 | 7.7× | (8.61%) |
| Sep 2025 | 8.5× | (10.52%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| ALL The Allstate Corporation compare | 4.8× |
| TRV The Travelers Companies, Inc. compare | 7.0× |
| CINF Cincinnati Financial Corporation compare | 7.4× |
| PGR The Progressive Corporation | 7.5× |
| WRB W.R. Berkley Corporation compare | 7.6× |
| AIZ Assurant, Inc. compare | 7.9× |
| CB Chubb Limited compare | 8.4× |
| MKL Markel Group Inc. compare | 10.2× |
| L Loews Corporation compare | 12.2× |
| Insurance Property & Casualty industry median | 7.5× |
| Financial sector median | 10.0× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on PGR
- Revenue
- Net income
- 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
- 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