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) Return on equity

The Progressive Corporation's return on equity over the twelve months to 30 June 2026 was 34.9%, down 5.5 percentage points from fiscal 2025 (40.5%). Over the past ten years it has ranged from 4.19% (fiscal 2022) to 40.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 18.2% and above the Financial sector median of 9.01%.

Return on equity, annual

Annual

Period Return on equity Change (points)
FY2025 40.5% 3.15
FY2024 37.3% 15.33
FY2023 22.0% 17.78
FY2022 4.19% (15.20)
FY2021 19.4% (18.81)
FY2020 38.2% 4.65
FY2019 33.6% 7.10
FY2018 26.5% 7.98
FY2017 18.5% 4.95
FY2016 13.5% (4.31)

Against its own ten years

Low 4.19% High 40.5%
Ten-year median 22.0%
Current reading's percentile 100

Return on equity against peers

Company Return on equity
ALL The Allstate Corporation compare 49.1%
PGR The Progressive Corporation 34.9%
TRV The Travelers Companies, Inc. compare 26.3%
CINF Cincinnati Financial Corporation compare 21.5%
WRB W.R. Berkley Corporation compare 20.1%
AIZ Assurant, Inc. compare 18.2%
CB Chubb Limited compare 14.4%
MKL Markel Group Inc. compare 12.6%
L Loews Corporation compare 8.78%
Insurance Property & Casualty industry median 18.2%
Financial sector median 9.01%
Market median 1.76%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on PGR