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 invested capital

The Progressive Corporation's return on invested capital over the twelve months to 30 June 2026 was 23.0%, down 2.4 percentage points from fiscal 2025 (25.4%). Over the past ten years it has ranged from 4.21% (fiscal 2022) to 25.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 12.1% and above the Financial sector median of 4.85%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 25.4% 3.22
FY2024 22.2% 9.36
FY2023 12.8% 8.60
FY2022 4.21% (8.62)
FY2021 12.8% (8.46)
FY2020 21.3% 1.85
FY2019 19.4% 5.05
FY2018 14.4% 2.08
FY2017 12.3% 2.39
FY2016 9.92% (3.82)

Against its own ten years

Low 4.21% High 25.4%
Ten-year median 13.7%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
ALL The Allstate Corporation compare 25.9%
PGR The Progressive Corporation 23.0%
CINF Cincinnati Financial Corporation compare 16.7%
TRV The Travelers Companies, Inc. compare 16.2%
WRB W.R. Berkley Corporation compare 15.7%
AIZ Assurant, Inc. compare 12.6%
MKL Markel Group Inc. compare 10.0%
CB Chubb Limited compare 9.52%
L Loews Corporation compare 6.03%
Insurance Property & Casualty industry median 12.1%
Financial sector median 4.85%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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