PGR Progressive Corp

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

Price (delayed)

$215.68

Market cap

$126.32B

P/E Ratio

22.01

Dividend/share

$1.15

EPS

$9.8

Enterprise value

$133.05B

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
The company's gross profit has surged by 56% YoY and by 16% QoQ
The EPS has grown by 48% from the previous quarter
Progressive's debt has increased by 8% YoY
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
585.7M
Market cap
$126.32B
Enterprise value
$133.05B
Valuations
Price to earnings (P/E)
22.01
Price to book (P/B)
5.79
Price to sales (P/S)
1.94
EV/EBIT
17.63
EV/EBITDA
16.96
EV/Sales
2.05
Earnings
Revenue
$65.05B
EBIT
$7.55B
EBITDA
$7.84B
Free cash flow
$12.22B
Per share
EPS
$9.8
Free cash flow per share
$20.87
Book value per share
$37.24
Revenue per share
$111.12
TBVPS
$160.79
Balance sheet
Total assets
$94.13B
Total liabilities
$72.32B
Debt
$6.89B
Equity
$21.81B
Working capital
N/A
Liquidity
Debt to equity
0.32
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.86
Margins
EBITDA margin
12.1%
Gross margin
29.3%
Net margin
8.9%
Operating margin
11.6%
Efficiency
Return on assets
6.5%
Return on equity
30.1%
Return on invested capital
8%
Return on capital employed
N/A
Return on sales
11.6%
Dividend
Dividend yield
0.53%
DPS
$1.15
Payout ratio
11.7%

PGR stock price

How has the Progressive stock price performed over time
Intraday
1.37%
1 week
-1.67%
1 month
3.6%
1 year
70.86%
YTD
35.41%
QTD
3.84%

Financial performance

How have Progressive's revenue and profit performed over time
Revenue
$65.05B
Gross profit
$19.05B
Operating income
$7.56B
Net income
$5.77B
Gross margin
29.3%
Net margin
8.9%
The company's gross profit has surged by 56% YoY and by 16% QoQ
The net income is up by 48% since the previous quarter
Progressive's operating income has increased by 46% from the previous quarter
Progressive's net margin has increased by 41% from the previous quarter

Growth

What is Progressive's growth rate over time

Valuation

What is Progressive stock price valuation
PGR P/E details
P/E
22.01
P/B
5.79
P/S
1.94
EV/EBIT
17.63
EV/EBITDA
16.96
EV/Sales
2.05
The EPS has grown by 48% from the previous quarter
PGR's P/E is 36% below its 5-year quarterly average of 33.9 and 28% below its last 4 quarters average of 30.2
The P/B is 50% above the 5-year quarterly average of 3.8 and 17% above the last 4 quarters average of 4.9
The equity rose by 29% YoY and by 8% QoQ
PGR's P/S is 47% above its 5-year quarterly average of 1.3 and 27% above its last 4 quarters average of 1.5
Progressive's revenue has increased by 25% YoY and by 4.7% QoQ

Efficiency

How efficient is Progressive business performance
The ROA has grown by 41% from the previous quarter
The ROS has grown by 40% from the previous quarter
The ROIC has grown by 40% from the previous quarter
PGR's return on equity is up by 39% since the previous quarter

Dividends

What is PGR's dividend history
DPS
$1.15
Dividend yield
0.53%
Payout ratio
11.7%
Recent dividends

Financial health

How did Progressive financials performed over time
The total assets is 30% more than the total liabilities
The total assets has grown by 17% YoY and by 6% from the previous quarter
PGR's total liabilities is up by 14% year-on-year and by 6% since the previous quarter
Progressive's debt is 68% less than its equity
The equity rose by 29% YoY and by 8% QoQ
PGR's debt to equity is down by 16% year-on-year and by 6% since the previous quarter

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