Progressive Future Growth
Future criteria checks 2/6
Progressive's earnings are forecast to decline at 0.1% per annum while its annual revenue is expected to grow at 13.8% per year. EPS is expected to grow by 0.4% per annum. Return on equity is forecast to be 23.7% in 3 years.
Key information
-0.1%
Earnings growth rate
0.4%
EPS growth rate
| Insurance earnings growth | 11.7% |
| Revenue growth rate | 13.8% |
| Future return on equity | 23.7% |
| Analyst coverage | Good |
| Last updated | 18 Nov 2024 |
Recent future growth updates
Recent updates
Progressive: Skyrocketing Car Insurance Costs Increase Consumer Price Sensitivity
Oct 28Progressive Is A Buy On Its Justified Valuation
Oct 16What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You
Oct 04
Progressive: A Backbone For Your Portfolio
Sep 25Progressive Corporation: Accumulate This Amazing Performer On Weaknesses
Aug 27If EPS Growth Is Important To You, Progressive (NYSE:PGR) Presents An Opportunity
Aug 26Results: The Progressive Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 18Progressive Is A Buy Ahead Of Earnings
Jul 08Progressive: Innovation Prioritization And Continued Steady Growth Make It A Buy
Jun 29Progressive: Growth Story Already Priced In
Jun 19Investors Appear Satisfied With The Progressive Corporation's (NYSE:PGR) Prospects
Jun 18Progressive: This Winner Has Much More Long-Term Upside
Apr 12Progressive Insurance, Regressive Returns?
Jan 23What You Can Learn From The Progressive Corporation's (NYSE:PGR) P/E
Dec 18Auto Insurer Progressive Speeds By On Revenue And Earnings, As Hold Rating Reaffirmed
Nov 09The Progressive Corporation: Analysts' Estimates Overly Optimistic (Maintain Strong Sell)
Oct 09Progressive: Continue To Hold Due To Mixed Q2 2023 Results
Jul 26Progressive: 2nd-Worst Day Since 2002 Following An EPS Miss, Stock Near Support
Jul 13The Progressive Corp: Leading Auto Insurer Crashes On Low Dividends And Overvaluation
Jun 21Progressive posts 13% Y/Y increase in January earned premiums
Feb 15Progressive Q4 2022 Earnings Preview
Jan 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 97,105 | 8,369 | N/A | 12,879 | 7 |
| 12/31/2025 | 88,160 | 7,958 | N/A | 12,305 | 9 |
| 12/31/2024 | 74,792 | 7,830 | N/A | 12,138 | 9 |
| 9/30/2024 | 71,959 | 8,084 | 14,292 | 14,549 | N/A |
| 6/30/2024 | 67,801 | 6,861 | 13,122 | 13,358 | N/A |
| 3/31/2024 | 65,021 | 5,739 | 12,170 | 12,429 | N/A |
| 12/31/2023 | 62,082 | 3,865 | 10,391 | 10,643 | N/A |
| 9/30/2023 | 58,661 | 2,707 | 8,919 | 9,136 | N/A |
| 6/30/2023 | 55,882 | 1,714 | 7,455 | 7,743 | N/A |
| 3/31/2023 | 52,048 | 828 | 6,534 | 6,796 | N/A |
| 12/31/2022 | 49,586 | 695 | 6,557 | 6,849 | N/A |
| 9/30/2022 | 48,609 | 831 | 6,071 | 6,371 | N/A |
| 6/30/2022 | 47,687 | 825 | 6,434 | 6,715 | N/A |
| 3/31/2022 | 48,073 | 2,158 | 7,384 | 7,650 | N/A |
| 12/31/2021 | 47,677 | 3,324 | 7,518 | 7,762 | N/A |
| 9/30/2021 | 46,602 | 4,046 | 8,622 | 8,857 | N/A |
| 6/30/2021 | 45,692 | 5,458 | 7,754 | 7,965 | N/A |
| 3/31/2021 | 44,760 | 6,459 | 7,683 | 7,894 | N/A |
| 12/31/2020 | 42,638 | 5,678 | 6,682 | 6,906 | N/A |
| 9/30/2020 | 41,963 | 5,064 | 6,228 | 6,487 | N/A |
| 6/30/2020 | 40,545 | 4,375 | 6,495 | 6,766 | N/A |
| 3/31/2020 | 39,022 | 3,564 | 5,669 | 6,019 | N/A |
| 12/31/2019 | 38,998 | 3,943 | 5,898 | 6,262 | N/A |
| 9/30/2019 | 36,292 | 3,137 | 5,834 | 6,217 | N/A |
| 6/30/2019 | 35,257 | 3,224 | 5,809 | 6,176 | N/A |
| 3/31/2019 | 33,824 | 2,949 | 6,100 | 6,406 | N/A |
| 12/31/2018 | 31,955 | 2,594 | 6,019 | 6,285 | N/A |
| 9/30/2018 | 31,041 | 2,912 | 5,524 | 5,735 | N/A |
| 6/30/2018 | 29,337 | 2,215 | N/A | 5,218 | N/A |
| 3/31/2018 | 27,924 | 1,885 | N/A | 4,400 | N/A |
| 12/31/2017 | 26,816 | 1,592 | N/A | 3,757 | N/A |
| 9/30/2017 | 25,823 | 1,399 | N/A | 3,680 | N/A |
| 6/30/2017 | 24,967 | 1,374 | N/A | 3,184 | N/A |
| 3/31/2017 | 24,181 | 1,197 | N/A | 3,018 | N/A |
| 12/31/2016 | 23,417 | 1,031 | N/A | 2,733 | N/A |
| 9/30/2016 | 22,690 | 978 | N/A | 2,408 | N/A |
| 6/30/2016 | 22,029 | 1,058 | N/A | 2,434 | N/A |
| 3/31/2016 | 21,495 | 1,230 | N/A | 2,340 | N/A |
| 12/31/2015 | 20,832 | 1,268 | N/A | 2,293 | N/A |
| 9/30/2015 | 20,609 | 1,307 | N/A | 2,229 | N/A |
| 6/30/2015 | 20,106 | 1,325 | N/A | 2,114 | N/A |
| 3/31/2015 | 19,564 | 1,255 | N/A | 1,836 | N/A |
| 12/31/2014 | 19,377 | 1,281 | N/A | 1,726 | N/A |
| 9/30/2014 | 18,821 | 1,211 | N/A | 1,809 | N/A |
| 6/30/2014 | 18,574 | 1,147 | N/A | 1,804 | N/A |
| 3/31/2014 | 18,428 | 1,178 | N/A | 1,838 | N/A |
| 12/31/2013 | 18,156 | 1,165 | N/A | 1,900 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGR's earnings are forecast to decline over the next 3 years (-0.1% per year).
Earnings vs Market: PGR's earnings are forecast to decline over the next 3 years (-0.1% per year).
High Growth Earnings: PGR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PGR's revenue (13.8% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: PGR's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PGR's Return on Equity is forecast to be high in 3 years time (23.7%)