Progressive (PGR *) Stock Overview
Operates as an insurance company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Last Earnings Call
Q2 2026 · 4 Aug 2026For the second quarter of 2026, The Progressive Corporation reported diluted earnings per share (EPS) of $5.67 and revenue of $23.6 billion. Ahead of the August 4, 2026, investor event, analysts had established a consensus EPS estimate of approximately $4.59 to $4.85; thus, the company beat earnings expectations. Revenue estimates were approximately $21.6 billion, meaning the company also beat revenue expectations.
Management highlighted a "disciplined growth" phase following a substantial turnaround in their property business. Key metrics included a 7% year-over-year increase in policies in force (exceeding 40 million) and a company-wide underwriting margin of 12.7%. Management remains focused on leveraging auto insurance leadership to increase "Robinson" (bundled home and auto) households. Outlook remains positive, with continued investments in AI, agent incentives, and marketing to capitalize on the Robinson opportunity while maintaining strict financial discipline regarding target acquisition costs.
Market Reaction
The Progressive Corporation's stock price movement on August 4, 2026, was muted/flat, closing down approximately 0.45% at $210.46. Analysts primarily cited the company’s "fully valued" status and decelerating growth trends as reasons for investor caution, despite the positive earnings beat.
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The Progressive Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3,642.00 |
| 52 Week High | US$4,800.00 |
| 52 Week Low | US$3,343.00 |
| Beta | 0.26 |
| 1 Month Change | -8.95% |
| 3 Month Change | 8.39% |
| 1 Year Change | -20.38% |
| 3 Year Change | 67.97% |
| 5 Year Change | 91.55% |
| Change since IPO | 505.03% |
Recent News & Updates
Recent updates
Shareholder Returns
| PGR * | MX Insurance | MX Market | |
|---|---|---|---|
| 7D | 0% | -6.3% | -1.0% |
| 1Y | -20.4% | 8.0% | 12.4% |
Return vs Industry: PGR * underperformed the MX Insurance industry which returned 10% over the past year.
Return vs Market: PGR * underperformed the MX Market which returned 13.4% over the past year.
Price Volatility
| PGR * volatility | |
|---|---|
| PGR * Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 3.5% |
| Market Average Movement | 3.4% |
| 10% most volatile stocks in MX Market | 5.2% |
| 10% least volatile stocks in MX Market | 2.4% |
Stable Share Price: Data is not available.
Volatility Over Time: Insufficient data to determine PGR *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1937 | 70,053 | Tricia Griffith | www.progressive.com |
The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers’ compensation insurance for the transportation industry.
The Progressive Corporation Fundamentals Summary
| PGR * fundamental statistics | |
|---|---|
| Market cap | Mex$2.13t |
| Earnings (TTM) | Mex$200.13b |
| Revenue (TTM) | Mex$1.56t |
Is PGR * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGR * income statement (TTM) | |
|---|---|
| Revenue | US$91.02b |
| Cost of Revenue | US$74.16b |
| Gross Profit | US$16.86b |
| Other Expenses | US$5.16b |
| Earnings | US$11.70b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Aug 19, 2026
| Earnings per share (EPS) | 20.12 |
| Gross Margin | 18.52% |
| Net Profit Margin | 12.85% |
| Debt/Equity Ratio | 24.4% |
How did PGR * perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/11 09:49 |
| End of Day Share Price | 2026/08/03 00:00 |
| Earnings | 2026/06/30 |
| 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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Taylor Scott | Barclays |
| Jay Gelb | Barclays |