PGR Progressive Corp

Price (delayed)

$91.25

Market cap

$53.4B

P/E Ratio

9.78

Dividend/share

$4.9

EPS

$9.33

Enterprise value

$58.68B

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
PGR's P/E is 33% below its 5-year quarterly average of 14.6 and 3.2% below its last 4 quarters average of 10.1
Progressive's revenue has increased by 13% YoY and by 2.1% QoQ
The net income is up by 25% year-on-year but it is down by 15% since the previous quarter
The EPS has grown by 25% YoY but it has contracted by 15% from the previous quarter
The company's gross margin fell by 8% QoQ

Key stats

What are the main financial stats of PGR
Market
Shares outstanding
585.16M
Market cap
$53.4B
Enterprise value
$58.68B
Valuations
Price to earnings (P/E)
9.78
Price to book (P/B)
2.86
Price to sales (P/S)
1.17
EV/EBIT
8.24
EV/EBITDA
7.87
EV/Sales
1.28
Earnings
Revenue
$45.71B
EBIT
$7.12B
EBITDA
$7.45B
Free cash flow
$7.78B
Per share
EPS
$9.33
Free cash flow per share
$13.31
Book value per share
$31.92
Revenue per share
$78.2
TBVPS
$118.41
Balance sheet
Total assets
$69.82B
Total liabilities
$51.15B
Debt
$5.4B
Equity
$18.68B
Working capital
N/A
Liquidity
Debt to equity
0.29
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.71
Margins
EBITDA margin
16.3%
Gross margin
36.1%
Net margin
12%
Operating margin
15.6%
Efficiency
Return on assets
8.3%
Return on equity
30.5%
Return on invested capital
10.1%
Return on capital employed
N/A
Return on sales
15.6%
Dividend
Dividend yield
5.37%
DPS
$4.9
Payout ratio
52.5%

PGR stock price

How has the Progressive stock price performed over time
Intraday
1.38%
1 week
0.35%
1 month
-2.21%
1 year
-6.42%
YTD
-7.72%
QTD
0.95%

Financial performance

How have Progressive's revenue and profit performed over time
Revenue
$45.71B
Gross profit
$16.51B
Operating income
$7.12B
Net income
$5.49B
Gross margin
36.1%
Net margin
12%
The net income is up by 25% year-on-year but it is down by 15% since the previous quarter
Progressive's operating income has increased by 25% YoY but it has decreased by 15% from the previous quarter
Progressive's net margin has decreased by 17% from the previous quarter but it has increased by 11% YoY
PGR's operating margin is down by 17% since the previous quarter but it is up by 11% year-on-year

Growth

What is Progressive's growth rate over time

Valuation

What is Progressive stock price valuation
P/E
9.78
P/B
2.86
P/S
1.17
EV/EBIT
8.24
EV/EBITDA
7.87
EV/Sales
1.28
PGR's P/E is 33% below its 5-year quarterly average of 14.6 and 3.2% below its last 4 quarters average of 10.1
The EPS has grown by 25% YoY but it has contracted by 15% from the previous quarter
The equity rose by 12% YoY and by 4.7% QoQ
The P/B is 11% below the last 4 quarters average of 3.2 and 8% below the 5-year quarterly average of 3.1
Progressive's revenue has increased by 13% YoY and by 2.1% QoQ
PGR's P/S is 10% below its last 4 quarters average of 1.3 and 2.5% below its 5-year quarterly average of 1.2

Efficiency

How efficient is Progressive business performance
The ROA has contracted by 19% from the previous quarter but it has grown by 6% YoY
The ROIC has contracted by 19% from the previous quarter but it has grown by 7% YoY
PGR's return on equity is down by 18% since the previous quarter but it is up by 2.3% year-on-year
The ROS has contracted by 17% from the previous quarter but it has grown by 11% YoY

Dividends

What is PGR's dividend history
DPS
$4.9
Dividend yield
5.37%
Payout ratio
52.5%
Recent dividends

Financial health

How did Progressive financials performed over time
The total assets is 37% 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 18% YoY and by 7% from the previous quarter
Progressive's debt is 71% less than its equity
The equity rose by 12% YoY and by 4.7% QoQ
PGR's debt to equity is down by 9% year-on-year and by 3.3% since the previous quarter

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