The Progressive Corporation PGR

205.50 3.33 1.65% as of 25 Sep
Market cap
$117.7B
P/E
10.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 5.6× High 13.3×
Ten-year median 8.6×
Current reading's percentile 20

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)))

The full definition of Price to free cash flow →

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