PGR Progressive Corp

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

Price (delayed)

$128.49

Market cap

$75.21B

P/E Ratio

91.13

Dividend/share

$0.4

EPS

$1.41

Enterprise value

$81.31B

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 8% YoY and by 5% QoQ
The equity rose by 6% QoQ
The EPS has plunged by 62% YoY but it has grown by 18% from the previous quarter
The net income has dropped by 61% year-on-year but it is up by 19% since the previous quarter
The company's gross margin fell by 12% 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
585.37M
Market cap
$75.21B
Enterprise value
$81.31B
Valuations
Price to earnings (P/E)
91.13
Price to book (P/B)
4.46
Price to sales (P/S)
1.44
EV/EBIT
60.74
EV/EBITDA
48.89
EV/Sales
1.56
Earnings
Revenue
$52.07B
EBIT
$1.34B
EBITDA
$1.66B
Free cash flow
$6.57B
Per share
EPS
$1.41
Free cash flow per share
$11.23
Book value per share
$28.82
Revenue per share
$89.03
TBVPS
$136.94
Balance sheet
Total assets
$80.41B
Total liabilities
$63.54B
Debt
$6.39B
Equity
$16.87B
Working capital
N/A
Liquidity
Debt to equity
0.38
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.67
Margins
EBITDA margin
3.2%
Gross margin
23.4%
Net margin
1.6%
Operating margin
2.6%
Efficiency
Return on assets
1.1%
Return on equity
5.2%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
2.6%
Dividend
Dividend yield
0.31%
DPS
$0.4
Payout ratio
28.4%

PGR stock price

How has the Progressive stock price performed over time
Intraday
-0.34%
1 week
-4.86%
1 month
-4%
1 year
10%
YTD
-0.94%
QTD
-10.18%

Financial performance

How have Progressive's revenue and profit performed over time
Revenue
$52.07B
Gross profit
$12.18B
Operating income
$1.34B
Net income
$855.5M
Gross margin
23.4%
Net margin
1.6%
Progressive's net margin has plunged by 64% YoY but it has increased by 7% from the previous quarter
The net income has dropped by 61% year-on-year but it is up by 19% since the previous quarter
PGR's operating margin has dropped by 57% year-on-year but it is up by 13% since the previous quarter
Progressive's operating income has plunged by 55% YoY but it has increased by 15% 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
91.13
P/B
4.46
P/S
1.44
EV/EBIT
60.74
EV/EBITDA
48.89
EV/Sales
1.56
The EPS has plunged by 62% YoY but it has grown by 18% from the previous quarter
PGR's P/E is 2.4% below its last 4 quarters average of 93.4
The P/B is 27% above the 5-year quarterly average of 3.5 but 5% below the last 4 quarters average of 4.7
The equity rose by 6% QoQ
PGR's P/S is 11% above its 5-year quarterly average of 1.3 but 4% below its last 4 quarters average of 1.5
Progressive's revenue has increased by 8% YoY and by 5% QoQ

Efficiency

How efficient is Progressive business performance
The ROA has plunged by 63% YoY but it has grown by 22% from the previous quarter
The ROIC has plunged by 59% YoY but it has grown by 7% from the previous quarter
The ROS has plunged by 57% YoY but it has grown by 13% from the previous quarter
PGR's return on equity has dropped by 56% year-on-year but it is up by 18% since the previous quarter

Dividends

What is PGR's dividend history
DPS
$0.4
Dividend yield
0.31%
Payout ratio
28.4%
Recent dividends

Financial health

How did Progressive financials performed over time
The total assets is 27% more than the total liabilities
PGR's total liabilities is up by 12% year-on-year and by 7% since the previous quarter
The total assets has grown by 9% YoY and by 7% from the previous quarter
Progressive's debt is 62% less than its equity
The equity rose by 6% QoQ
PGR's debt to equity is down by 5% since the previous quarter but it is up by 2.7% year-on-year

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