Progressive Corporation (The)
PGR
Positions held
Your positionsPGR isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Progressive Corporation has a strong competitive position in the property and casualty insurance industry, benefiting from a diversified product offering and a robust brand reputation.
- Revenue increased by 6% compared to the prior quarter, reaching $23.6 billion.
- The company reported a net income of $3.3 billion in Q2 2026, showing consistent profitability.
- The insurance industry faces regulatory challenges that could impact pricing and profitability, particularly in a rising interest rate environment.
- The trailing P/E ratio is 10.63, indicating potential undervaluation but also reflecting market skepticism about future growth.
- The company's current ratio is 0.293, which may raise concerns about liquidity and short-term financial stability.
Fundamentals
| Market cap | $126.95B | Enterprise value | $133.39B | Trailing P/E | 10.97 | Forward P/E | 13.37 |
| PEG | 65.66 | Price / book | 3.70 | Beta | 0.24 | Dividend yield | 0.18% |
| Revenue growth | 7.3% | Earnings growth | 5.0% | Gross margin | 18.5% | Operating margin | 18.2% |
| Profit margin | 12.8% | ROE | 34.9% | ROA | 7.8% | Debt / equity | 0.24 |
| Current ratio | 0.29 | Free cash flow | $15.11B | Analyst recommendation | hold | Mean target | $232.81 |
| 52w high | $243.81 | 52w low | $189.20 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $23.6B | $22.2B | $22.7B | $22.5B | $22.0B | — |
| Op margin | — | — | — | — | — | — |
| Net income | $3.3B | $2.8B | $3.0B | $2.6B | $3.2B | — |
| Gross margin | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
- Revenue +6% vs prior quarter ($23.6B vs $22.2B).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $87.6B | $75.3B | $62.1B | $49.6B | — |
| Op margin | — | — | — | — | — |
| Net income | $11.3B | $8.5B | $3.9B | $722M | — |
| Gross margin | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Travelers (TRV) Expected to Beat Earnings Estimates: Should You Buy?
2026-10-09 · The Zacks Analyst Blog Highlights The Progressive, Chubb, The Travelers, Assurant and Root
2026-10-08 · Why the Market Dipped But Progressive (PGR) Gained Today
2026-10-08 · Does Lemonade’s Growth Signal Profits Ahead?
2026-10-08 · 5 Insurers to Focus on as Embedded Insurance Gains Momentum
2026-10-07 · HSBC Adjusts Progressive Price Target to $216 From $214
2026-10-06 · Barclays Adjusts Price Target on Progressive to $247 From $246, Keeps Overweight Rating
2026-10-06 · Jefferies Adjusts Price Target on Progressive to $232 From $228, Maintains Hold Rating
2026-10-05 · JPMorgan Adjusts Price Target on Progressive to $250 From $241, Maintains Neutral Rating
2026-10-05 · Progressive (PGR) Faces Pricing Pressure, Is The Stock 9% Undervalued?
2026-10-04 · If a Stock Market Crash Is Coming, History Says These Are the 3 Financial Stocks to Buy
2026-10-04 · What is Progressive’s (PGR) Economic Moat, and is it Widening or Narrowing?
Price (daily)
Full chart · RSI · MACD · patterns