Progressive has been growing earnings at an average annual rate of 32.7%, while the Insurance industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 15.6% per year. Progressive's return on equity is 36.1%, and it has net margins of 12.9%.
Key information
32.67%
Earnings growth rate
32.61%
EPS growth rate
Insurance Industry Growth
10.14%
Revenue growth rate
15.62%
Return on equity
36.08%
Net Margin
12.93%
Next Earnings Update
20 May 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Progressive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1PGR Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
89,415
11,559
0
0
31 Dec 25
87,637
11,308
0
0
30 Sep 25
85,166
10,713
0
0
30 Jun 25
82,376
10,432
0
0
31 Mar 25
78,508
8,716
0
0
31 Dec 24
75,343
8,463
0
0
30 Sep 24
71,961
8,085
0
0
30 Jun 24
67,802
6,862
0
0
31 Mar 24
65,022
5,738
0
0
31 Dec 23
62,083
3,865
0
0
30 Sep 23
58,661
2,707
0
0
30 Jun 23
55,882
1,714
0
0
31 Mar 23
52,048
828
0
0
31 Dec 22
49,587
695
0
0
30 Sep 22
48,609
831
0
0
30 Jun 22
47,687
825
0
0
31 Mar 22
48,073
2,158
0
0
31 Dec 21
47,677
3,324
0
0
30 Sep 21
46,602
4,046
15
0
30 Jun 21
45,692
5,458
44
0
31 Mar 21
44,760
6,459
1,077
0
31 Dec 20
42,638
5,678
1,077
0
30 Sep 20
41,963
5,064
1,062
0
30 Jun 20
40,545
4,375
1,033
0
31 Mar 20
39,022
3,564
0
0
31 Dec 19
38,998
3,943
0
0
30 Sep 19
36,292
3,137
0
0
30 Jun 19
35,257
3,224
0
0
31 Mar 19
33,824
2,949
0
0
31 Dec 18
31,955
2,594
0
0
30 Sep 18
31,041
2,912
0
0
30 Jun 18
29,337
2,215
0
0
31 Mar 18
27,924
1,885
0
0
31 Dec 17
26,816
1,592
0
0
30 Sep 17
25,823
1,399
0
0
30 Jun 17
24,967
1,374
0
0
31 Mar 17
24,181
1,197
0
0
31 Dec 16
23,417
1,031
0
0
30 Sep 16
22,690
978
0
0
30 Jun 16
22,029
1,058
0
0
31 Mar 16
21,495
1,230
0
0
31 Dec 15
20,832
1,268
0
0
30 Sep 15
20,609
1,307
0
0
30 Jun 15
20,106
1,325
0
0
Quality Earnings: 1PGR has high quality earnings.
Growing Profit Margin: 1PGR's current net profit margins (12.9%) are higher than last year (11.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1PGR's earnings have grown significantly by 32.7% per year over the past 5 years.
Accelerating Growth: 1PGR's earnings growth over the past year (32.6%) is below its 5-year average (32.7% per year).
Earnings vs Industry: 1PGR earnings growth over the past year (32.6%) exceeded the Insurance industry 20.6%.
Return on Equity
High ROE: 1PGR's Return on Equity (36.1%) is considered high.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/15 23:28
End of Day Share Price
2026/05/15 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Progressive Corporation is covered by 41 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.