What is the current Progressive market capitalization?
The current market capitalization of Progressive is 120.54 B USD.
Progressive Market capitalization 2024
Progressive Market capitalization
120.54 B USD
Progressive Dividend yield
0.19 %
Ticker
PGR
ISIN
US7433151039
WKN
865496
In 2024, Progressive's market cap stood at 120.54 B USD, a 58.4% increase from the 76.1 B USD market cap in the previous year.
The Progressive Market capitalization history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) | NET INCOME (undefined USD) |
|---|---|---|---|
| 2026e | 93.93 | 1,80 | 7.75 |
| 2025e | 82.42 | 2,05 | 7.13 |
| 2024e | 73.28 | 2,30 | 6.77 |
| 2023 | 62.08 | 2,72 | 3.86 |
| 2022 | 49.59 | 3,40 | 0.69 |
| 2021 | 47.68 | 9,82 | 3.32 |
| 2020 | 42.64 | 3,96 | 5.68 |
| 2019 | 39 | 4,33 | 3.94 |
| 2018 | 31.96 | 5,28 | 2.59 |
| 2017 | 26.82 | 6,29 | 1.59 |
| 2016 | 23.42 | 7,20 | 1.03 |
| 2015 | 20.83 | 8,10 | 1.27 |
| 2014 | 19.38 | 8,71 | 1.28 |
| 2013 | 18.16 | 9,29 | 1.17 |
| 2012 | 17.07 | 9,88 | 0.9 |
| 2011 | 15.76 | 10,70 | 1.02 |
| 2010 | 15.2 | 11,10 | 1.07 |
| 2009 | 14.55 | 11,59 | 1.06 |
| 2008 | 12.83 | 13,15 | -0.07 |
| 2007 | 14.67 | 11,50 | 1.18 |
| 2006 | 14.78 | 11,42 | 1.65 |
| 2005 | 14.29 | 11,81 | 1.39 |
| 2004 | 13.77 | 12,25 | 1.65 |
Progressive Aktienanalyse
What does Progressive do?
Progressive Corp - a comprehensive analysis The Progressive Corp (also known as "Progressive Insurance") is an American company specializing in the sale of car insurance. The company was founded in 1937 by Joseph Lewis and Jack Green in Ohio. Originally, the company started under the name "Producers and Distributors Corporation" before being renamed "Progressive Corporation" in 1956. Since the early 1960s, the company has steadily grown and expanded. Nowadays, the company is active in both the US and Canadian markets and employs over 42,000 employees. Business model of Progressive Corp The company offers various types of insurance, including car, motorcycle, and home insurance. Unlike many other insurance companies, Progressive works directly with the customer, bypassing the use of insurance agents. Instead, interested individuals can directly purchase their insurance on the company's website, learn about different insurance options, and choose individual terms and conditions. This model has made Progressive a driving force in the insurance industry. The advantage is cost and time savings that can be passed on directly to the customers. The company is known for its fair, customer-oriented approaches and has even acquired the nickname "Friendly Flo" for its famous advertising character. Different divisions and products of Progressive Corp Car insurance Car insurance is the core area of focus for Progressive Corp. The company aims to provide its customers with high-quality services to ensure comprehensive coverage in the event of an accident. Progressive offers a variety of car insurance options, including liability insurance, comprehensive insurance, and collision insurance. Additionally, the company offers a range of discounts, such as safe driver discounts, multi-vehicle discounts, and automatic payment discounts. Motorcycle insurance Progressive Corp also offers motorcycle insurance. This is an important area as there are many motorcycle enthusiasts who need adequate insurance to protect themselves against potential accidents. Progressive offers a wide range of insurance options to protect riders against potential damages. Home insurance Progressive Corp also provides home insurance to offer comprehensive protection to its customers. The insurance covers protection against natural disasters such as floods or fires while also safeguarding their property. The insurance can be customized to fit the individual needs and budget of the customer. Conclusion Progressive Corp is an important player in the insurance industry. The company aims to provide its customers with high quality in terms of services and customer support. Progressive is an innovative company that leverages its niche position through direct marketing. As a result, the company remains competitive and well-positioned. Progressive ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Progressive's Market Capitalization
Progressive's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Progressive's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Progressive's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Progressive’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Progressive Stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Progressive.
How has the market capitalization of Progressive developed in recent years?
The market capitalization of Progressive has increased/decreased by 58.4% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Progressive?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Progressive?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Progressive have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Progressive pay?
Over the past 12 months, Progressive paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 0.19 %. For the coming 12 months, Progressive is expected to pay a dividend of 0.41 USD.
What is the dividend yield of Progressive?
The current dividend yield of Progressive is 0.19 %.
When does Progressive pay dividends?
Progressive pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Progressive?
Progressive paid dividends every year for the past 17 years.
What is the dividend of Progressive?
For the upcoming 12 months, dividends amounting to 0.41 USD are expected. This corresponds to a dividend yield of 0.2 %.
In which sector is Progressive located?
Progressive is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Progressive kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Progressive from 7/12/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.
When did Progressive pay the last dividend?
The last dividend was paid out on 7/12/2024.
What was the dividend of Progressive in the year 2023?
In the year 2023, Progressive distributed 0.4 USD as dividends.
In which currency does Progressive pay out the dividend?
The dividends of Progressive are distributed in USD.
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Andere Kennzahlen von Progressive
Our stock analysis for Progressive Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Progressive Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
