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. In the quarter to September 2026, revenue fell 3.61%, EPS grew 4.80%, free cash flow fell 12.3% and total debt rose 21.7%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.

218.49 4.74 +2.22%
Market cap
$124.2B
P/E
10.9×
Fwd P/E
12.6×
Dividend yield
6.36%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation (PGR) Shares outstanding

Alert me on Shares outstanding

The Progressive Corporation's shares outstanding at the end of fiscal 2025 was $588.1M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $582.2M. Over the past ten years it has ranged from $585.0M (fiscal 2016) to $589.2M (fiscal 2015); the current reading is higher than 91% of that period. The Progressive Corporation ranks 1st of 45 Insurance Property & Casualty companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $588.1M 0.07%
FY2024 $587.7M 0.03%
FY2023 $587.5M 0.07%
FY2022 $587.1M 0.00%
FY2021 $587.1M (0.09%)
FY2020 $587.6M 0.07%
FY2019 $587.2M 0.09%
FY2018 $586.7M 0.17%
FY2017 $585.7M 0.12%
FY2016 $585.0M (0.71%)

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $582.2M (0.34%)
Jun 2026 $584.2M (0.46%)
Mar 2026 $586.9M (0.20%)
Dec 2025 $588.1M (0.02%)
43 more quarters

Against its own ten years

Low $585.0M High $589.2M
Ten-year median $587.2M
Current reading's percentile 91

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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