PGR Progressive Corp

  1. Stocks
  2. Financial Services
  3. NYSE: PGR

Price (delayed)

$118.48

Market cap

$69.3B

P/E Ratio

32.02

Dividend/share

$1.9

EPS

$3.7

Enterprise value

$75.39B

The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and ...

Highlights
Progressive's revenue has increased by 7% YoY
PGR's P/E is 116% above its 5-year quarterly average of 14.8 and 77% above its last 4 quarters average of 18.1
The net income has dropped by 66% year-on-year and by 35% since the previous quarter
Sector: Financial Services
Industry: Insurance - Property & Casualty
Website: https://www.progressive.com/
Peers: ALL TRV MCY SIGI

Key stats

What are the main financial stats of PGR
Market
Shares outstanding
584.88M
Market cap
$69.3B
Enterprise value
$75.39B
Valuations
Price to earnings (P/E)
32.02
Price to book (P/B)
4.06
Price to sales (P/S)
1.44
EV/EBIT
25.57
EV/EBITDA
22.88
EV/Sales
1.57
Earnings
Revenue
$48.1B
EBIT
$2.95B
EBITDA
$3.29B
Free cash flow
$7.45B
Per share
EPS
$3.7
Free cash flow per share
$12.75
Book value per share
$29.15
Revenue per share
$82.32
TBVPS
$125.58
Balance sheet
Total assets
$73.93B
Total liabilities
$56.88B
Debt
$6.39B
Equity
$17.05B
Working capital
N/A
Liquidity
Debt to equity
0.37
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.85
Margins
EBITDA margin
6.9%
Gross margin
26.5%
Net margin
4.5%
Operating margin
6.1%
Efficiency
Return on assets
3%
Return on equity
11.9%
Return on invested capital
3.9%
Return on capital employed
N/A
Return on sales
6.1%
Dividend
Dividend yield
1.6%
DPS
$1.9
Payout ratio
51.4%

PGR stock price

How has the Progressive stock price performed over time
Intraday
1.9%
1 week
2.15%
1 month
0.01%
1 year
19.87%
YTD
15.42%
QTD
1.9%

Financial performance

How have Progressive's revenue and profit performed over time
Revenue
$48.1B
Gross profit
$12.72B
Operating income
$2.95B
Net income
$2.18B
Gross margin
26.5%
Net margin
4.5%
Progressive's net margin has plunged by 69% YoY and by 36% from the previous quarter
PGR's operating margin has dropped by 67% year-on-year and by 34% since the previous quarter
The net income has dropped by 66% year-on-year and by 35% since the previous quarter
Progressive's operating income has plunged by 65% YoY and by 33% from the previous quarter

Growth

What is Progressive's growth rate over time

Valuation

What is Progressive stock price valuation
P/E
32.02
P/B
4.06
P/S
1.44
EV/EBIT
25.57
EV/EBITDA
22.88
EV/Sales
1.57
PGR's P/E is 116% above its 5-year quarterly average of 14.8 and 77% above its last 4 quarters average of 18.1
The EPS has plunged by 66% YoY and by 35% from the previous quarter
The P/B is 27% above the 5-year quarterly average of 3.2 and 23% above the last 4 quarters average of 3.3
The equity fell by 6% QoQ and by 4.4% YoY
PGR's P/S is 20% above its 5-year quarterly average of 1.2 and 11% above its last 4 quarters average of 1.3
Progressive's revenue has increased by 7% YoY

Efficiency

How efficient is Progressive business performance
The ROA has plunged by 71% YoY and by 38% from the previous quarter
The ROIC has plunged by 69% YoY and by 35% from the previous quarter
PGR's return on equity has dropped by 68% year-on-year and by 34% since the previous quarter
The ROS has plunged by 67% YoY and by 34% from the previous quarter

Dividends

What is PGR's dividend history
DPS
$1.9
Dividend yield
1.6%
Payout ratio
51.4%
Recent dividends

Financial health

How did Progressive financials performed over time
The total assets is 30% more than the total liabilities
PGR's total liabilities is up by 20% year-on-year and by 8% since the previous quarter
The total assets has grown by 13% YoY and by 3.9% from the previous quarter
Progressive's debt is 63% less than its equity
PGR's debt to equity is up by 37% since the previous quarter and by 23% year-on-year
Progressive's debt has increased by 30% from the previous quarter and by 18% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.