Progressive (PGR) Stock Price

Progressive Price

NYSE·CLOSED
207.23USD-2.37 (-1.14 %)
Market closed

Revenue has compounded at 9.8% per year over the past 19 years to 87.64 B USD. Earnings per share have grown at 12.0% per year over the last 19 years. Progressive's net margin stands at 12.9%, up from 7.0% several years earlier. Progressive currently offers a dividend yield of about 0.24%. The payout ratio is around 3% of earnings. The dividend has grown at 12.3% per year over the past 19 years. Analysts set a median price target of 239.19 USD, implying 15.4% above the current price. Of 29 analysts, 13 rate the stock a buy — an overall Hold consensus. The stock trades about 7% above its 52-week low.

Progressive stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Progressive over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Progressive stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Progressive's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Progressive Stock Price History
DateProgressive Price
8/18/2026207.23 USD
8/14/2026209.60 USD
8/13/2026208.87 USD
8/12/2026207.37 USD
8/11/2026212.35 USD
8/10/2026214.32 USD
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7/29/2026221.91 USD
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7/23/2026207.07 USD
7/22/2026204.54 USD
7/21/2026205.90 USD
7/20/2026212.23 USD
7/17/2026207.95 USD
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7/14/2026226.58 USD
7/13/2026232.34 USD
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7/8/2026234.16 USD
7/7/2026234.40 USD
7/6/2026230.81 USD
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7/1/2026225.30 USD
6/30/2026218.45 USD
6/29/2026221.62 USD
6/26/2026224.34 USD
6/25/2026215.54 USD
6/24/2026220.50 USD
6/23/2026215.69 USD
6/22/2026209.77 USD
6/18/2026202.55 USD
6/17/2026205.35 USD
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6/15/2026204.89 USD
6/12/2026202.87 USD
6/11/2026203.73 USD
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6/5/2026201.69 USD
6/4/2026195.77 USD
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5/29/2026193.25 USD
5/28/2026196.91 USD
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4/30/2026201.28 USD
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4/28/2026203.03 USD
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4/24/2026200.89 USD
4/23/2026205.33 USD
4/22/2026202.71 USD
4/21/2026207.50 USD
4/20/2026203.78 USD
4/17/2026202.58 USD
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4/15/2026201.23 USD
4/14/2026196.59 USD
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3/31/2026198.24 USD
3/30/2026201.39 USD
3/27/2026198.84 USD
3/26/2026202.90 USD
3/25/2026202.84 USD
3/24/2026206.21 USD
3/23/2026205.10 USD
3/20/2026207.87 USD
3/19/2026202.68 USD
3/18/2026202.68 USD
3/17/2026203.79 USD
3/16/2026204.71 USD
3/13/2026205.17 USD
3/12/2026205.01 USD
3/11/2026200.56 USD
3/10/2026206.96 USD
3/9/2026206.80 USD
3/6/2026210.60 USD
3/5/2026210.58 USD
3/4/2026211.40 USD
3/3/2026213.35 USD
3/2/2026213.41 USD
2/27/2026213.66 USD
2/26/2026211.73 USD
2/25/2026204.54 USD
2/24/2026206.08 USD
2/23/2026203.69 USD
2/20/2026204.08 USD
2/19/2026201.77 USD
2/18/2026203.28 USD
2/17/2026207.90 USD
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2/11/2026208.37 USD
2/10/2026202.60 USD
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2/6/2026202.29 USD
2/5/2026207.56 USD
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2/3/2026201.03 USD
2/2/2026203.04 USD
1/30/2026208.00 USD
1/29/2026207.26 USD
1/28/2026212.74 USD
1/27/2026208.08 USD
1/26/2026208.00 USD
1/23/2026206.26 USD
1/22/2026207.08 USD
1/21/2026203.00 USD
1/20/2026203.92 USD
1/16/2026202.37 USD
1/15/2026203.52 USD
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1/13/2026205.81 USD
1/12/2026216.50 USD
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1/7/2026209.10 USD
1/6/2026212.35 USD
1/5/2026212.92 USD
1/2/2026212.12 USD
12/31/2025227.71 USD
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12/19/2025224.28 USD
12/18/2025224.86 USD
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12/16/2025231.81 USD
12/15/2025236.36 USD
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12/11/2025230.44 USD
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12/3/2025227.18 USD
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11/28/2025228.79 USD
11/26/2025229.15 USD
11/25/2025226.41 USD
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11/12/2025221.87 USD
11/11/2025219.91 USD
11/10/2025217.53 USD
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11/6/2025209.62 USD
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11/4/2025209.12 USD
11/3/2025203.70 USD
10/31/2025205.99 USD
10/30/2025206.97 USD
10/29/2025208.01 USD
10/28/2025211.25 USD
10/27/2025217.01 USD
10/24/2025219.10 USD
10/23/2025220.59 USD
10/22/2025222.63 USD
10/21/2025221.60 USD
10/20/2025219.51 USD
10/17/2025225.62 USD
10/16/2025221.74 USD
10/15/2025226.50 USD
10/14/2025240.40 USD
10/13/2025236.28 USD
10/10/2025241.63 USD
10/9/2025242.16 USD
10/8/2025243.06 USD
10/7/2025243.57 USD
10/6/2025240.50 USD
10/3/2025245.71 USD
10/2/2025243.71 USD
10/1/2025246.46 USD
9/30/2025246.95 USD
9/29/2025246.95 USD
9/28/2025244.40 USD
9/25/2025243.48 USD
9/24/2025242.19 USD
9/23/2025238.61 USD
9/22/2025240.81 USD
9/19/2025242.22 USD
9/18/2025242.00 USD
9/17/2025243.61 USD
9/16/2025244.97 USD
9/15/2025245.65 USD
9/12/2025248.45 USD
9/11/2025248.80 USD
9/10/2025246.41 USD
9/9/2025243.26 USD
9/8/2025245.94 USD
9/5/2025243.61 USD
9/4/2025249.01 USD
9/3/2025246.72 USD
9/2/2025245.86 USD
8/29/2025246.01 USD
8/28/2025246.11 USD
8/27/2025244.69 USD
8/26/2025246.03 USD
8/25/2025244.09 USD
8/22/2025249.22 USD
8/21/2025248.95 USD
8/20/2025252.68 USD
8/19/2025250.64 USD
Access this data via the Eulerpool API

Progressive Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
47.68 B USD
4.21 B USD
3.35 B USD
Jan 1, 2022
49.59 B USD
922.00 M USD
722.00 M USD
Jan 1, 2023
62.08 B USD
4.90 B USD
3.90 B USD
Jan 1, 2024
75.34 B USD
10.71 B USD
8.48 B USD
Jan 1, 2025
87.64 B USD
14.22 B USD
11.31 B USD
Jan 1, 2026 (e)
88.25 B USD
9.02 B USD
10.30 B USD
Jan 1, 2027 (e)
93.21 B USD
9.53 B USD
9.54 B USD
Jan 1, 2028 (e)
96.40 B USD
9.85 B USD
9.45 B USD

Progressive Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 19, 2026, 12:02 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESB
20132014201520162017201820192020202120222023202420252026e2027e2028e
18.1619.3820.8323.4226.8231.9539.0042.6447.6849.5962.0875.3487.6488.2593.2196.40
6.366.737.5012.4114.5219.1622.049.3411.824.0125.2021.3616.320.705.623.42
23.3123.4723.2319.9621.9423.9726.9433.4021.6815.2218.9527.7429.4729.4729.4729.47
4.234.554.844.675.887.6610.5014.2410.347.5511.7620.9025.8326.0127.4728.41
1.721.911.911.752.443.505.547.174.210.924.9010.7114.229.029.539.85
9.479.849.177.479.1110.9414.2016.828.831.867.9014.2216.2310.2210.2210.22
1.171.281.271.031.592.623.975.703.350.723.908.4811.3110.309.549.45
29.169.96-1.09-18.6354.4164.2651.8243.68-41.27-78.45440.58117.2733.35-8.89-7.39-1.02
0.280.490.690.890.681.122.810.401.900.400.400.400.500.400.400.40
-80.1475.0040.8228.99-23.6064.71150.89-85.77375.00-78.9525.00-20.00
0.590.590.580.580.580.580.580.590.580.590.590.590.590.590.590.59
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Progressive generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Progressive retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Progressive's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Progressive has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Progressive's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Progressive stock margins

The Progressive margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Progressive. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Progressive.
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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
21.68 %
8.83 %
7.03 %
Jan 1, 2022
15.22 %
1.86 %
1.46 %
Jan 1, 2023
18.95 %
7.90 %
6.29 %
Jan 1, 2024
27.74 %
14.22 %
11.26 %
Jan 1, 2025
29.47 %
16.23 %
12.90 %
Jan 1, 2026 (e)
29.47 %
10.22 %
11.67 %
Jan 1, 2027 (e)
29.47 %
10.22 %
10.24 %
Jan 1, 2028 (e)
29.47 %
10.22 %
9.80 %

Progressive Stock Revenue, EBIT, Earnings per Share

The Progressive earnings per share therefore indicates how much revenue Progressive has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
81.54 USD
7.20 USD
5.73 USD
Jan 1, 2022
84.46 USD
1.57 USD
1.23 USD
Jan 1, 2023
105.67 USD
8.35 USD
6.64 USD
Jan 1, 2024
128.21 USD
18.23 USD
14.43 USD
Jan 1, 2025
148.99 USD
24.18 USD
19.22 USD
Jan 1, 2026 (e)
150.07 USD
15.34 USD
17.52 USD
Jan 1, 2027 (e)
158.50 USD
16.20 USD
16.23 USD
Jan 1, 2028 (e)
163.91 USD
16.75 USD
16.06 USD

Progressive business model & stock analysis

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 SWOT Analysis

Strengths

Progressive Corp is one of the leading insurance companies in the United States, possessing several strengths that contribute to its success. These strengths include:

  • Strong brand recognition and reputation
  • Diversified range of insurance products
  • Extensive distribution network
  • Advanced technology platforms facilitating sales and customer service
  • Effective marketing and advertising strategies
  • Financial stability and strong performance

Weaknesses

Despite its strengths, Progressive Corp also faces certain weaknesses that could pose challenges to its growth and competitiveness. These weaknesses include:

  • Dependency on the US market, limiting international growth
  • Relatively high operating expenses compared to some competitors
  • Potential vulnerability to changes in regulatory environment
  • Difficulties in retaining top talent in a competitive industry

Opportunities

Progressive Corp can leverage various opportunities to further enhance its position in the insurance industry. Some potential opportunities include:

  • Expansion into new markets and regions
  • Increased demand for online insurance services
  • Growth potential in the commercial insurance segment
  • Advancements in technology and data analytics for personalized offerings

Threats

Like any other company, Progressive Corp faces certain threats that could impact its performance and market position. These threats include:

  • Intense competition from other insurance providers
  • Increased regulations and compliance requirements
  • Economic downturn or market fluctuations affecting consumer spending
  • Emerging insurtech companies disrupting the traditional insurance model

Progressive Employees

  • 3 Years

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  • Max

Progressive Employees
Details
Date
Progressive Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Progressive Segments

Progressive Revenue by Segment (1/4)

  • 3 Years

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  • Max

Underwriting Operations
Details
Date
Underwriting Operations
Jan 1, 2010
0.00 USD

Progressive Revenue by Segment (2/4)

  • 3 Years

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  • Max

Underwriting Operations
Details
Date
Underwriting Operations
Jan 1, 2010
0.00 USD

Progressive Revenue by Segment (3/4)

  • 3 Years

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  • Max

Underwriting Operations
Details
Date
Underwriting Operations
Jan 1, 2010
0.00 USD

Progressive Revenue by Segment (4/4)

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  • 10 Years

  • Max

Underwriting Operations Segment
Details
Date
Underwriting Operations Segment
Jan 1, 2010
14.31 B USD

Progressive Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Progressive historical P/E ratio, EBIT multiple, and P/S ratio

Progressive annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Progressive shares outstanding

The number of shares of Progressive was 588.2 M in 2025. This indicates how many shares Progressive is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
584.70 M Stocks
Jan 1, 2022
587.10 M Stocks
Jan 1, 2023
587.50 M Stocks
Jan 1, 2024
587.65 M Stocks
Jan 1, 2025
588.20 M Stocks
Jan 1, 2026 (e)
588.20 M Stocks
Jan 1, 2027 (e)
588.20 M Stocks
Jan 1, 2028 (e)
588.20 M Stocks

Progressive stock splits

In Progressive's history, there have been no stock splits.

Progressive Dividend History

37 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.30USDYTD
Jan 2, 20260.10USD 0.0%1/3
Apr 2, 20260.10USD 0.0%2/3
Jul 2, 20260.10USD 0.0%3/3
20250.50USD 25.0%
Jan 9, 20250.10USD 0.0%1/5
Jan 10, 20250.10USD 0.0%2/5
Apr 3, 20250.10USD 0.0%3/5
Jul 3, 20250.10USD 0.0%4/5
Oct 2, 20250.10USD 0.0%5/5
20240.40USD 0.0%
20230.40USD 0.0%
20220.40USD 78.9%
20211.90USD 375.0%
20200.40USD 85.8%
20192.81USD 150.2%
20181.12USD 65.2%
20170.68USD 23.4%

Progressive dividend history and estimates

In 2025, Progressive paid a dividend amounting to 0.50 USD. Dividend means that Progressive distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
1.90 USD
0.00 USD
1.50 USD
Jan 1, 2022
0.40 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.40 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.40 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.50 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
0.20 USD
0.20 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
0.40 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
0.40 USD
0.00 USD

Progressive dividend payout ratio

In 2025, Progressive had a payout ratio of 2.60%. The payout ratio indicates the percentage of the company's profits that Progressive distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
33.15 %
Jan 1, 2022
32.53 %
Jan 1, 2023
6.02 %
Jan 1, 2024
2.77 %
Jan 1, 2025
2.60 %
Jan 1, 2026 (e)
2.28 %
Jan 1, 2027 (e)
2.47 %
Jan 1, 2028 (e)
2.49 %

Current Progressive forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
7.13 %
Buy
44.83 % (13)
Hold
51.72 % (15)
Sell
3.45 % (1)
12M Price Target
239.19
Last Price
209.60
Currency
USD
12M Return Potential
14.12 %
LTM Return
0 %

Progressive Analyst Rating Actions

DateFirmActionRatingReliability
7/24/2026
Morgan Stanley
Morgan Stanley
UpgradeUnderweightEqual Weight60
7/16/2026
Wells Fargo
Wells Fargo
MaintainedUnderweight56
7/16/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedMarket Perform
7/16/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
7/16/2026
B of A Securities
B of A Securities
MaintainedBuy70
7/16/2026
BMO Capital
BMO Capital
MaintainedMarket Perform
7/14/2026
JP Morgan
JP Morgan
DowngradeOverweightNeutral80
7/10/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
7/9/2026
Mizuho
Mizuho
MaintainedNeutral31
7/8/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedMarket Perform

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Progressive Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/3/20264.87USD-21.82 BUSD-2026 Q2
5/4/20264.91USD-23.19 BUSD-2026 Q1
4/11/20242.13USD-18.22 BUSD-2024 Q1
1/23/20242.32USD-14.74 BUSD-2023 Q4
7/31/20231.50USD-14.18 BUSD-2023 Q2
5/1/20231.65USD-14.67 BUSD-2023 Q1
2/27/20231.46USD-11.94 BUSD-2022 Q4
10/13/20220.90USD-13.60 BUSD-2022 Q3
7/15/20220.94USD-12.67 BUSD-2022 Q2
5/2/20221.17USD-12.98 BUSD-2022 Q1
...

EESG©

Eulerpool ESG Scorecard© for the Progressive stock

46/100
7
Environment
56
Social
75
Governance
E

Environment

20
Scope 1 - Direct Emissions31,662
Scope 2 - Indirect emissions from purchased energy42,849
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions74,511
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees60
Percentage of women in management
Percentage of Asian employees3
Share of Asian management
Percentage of Hispanic/Latino employees13
Hispano/Latino Management share
Percentage of Black employees22
Black Management Share
Percentage of white employees59
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Progressive shareholder structure

% Name
8.89706%
BLACKROCK, INC.
BLACKROCK, INC.
6.47821%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.39903%
STATE STREET CORP
STATE STREET CORP
3.83849%
CAPITAL RESEARCH GLOBAL INVESTORS
CAPITAL RESEARCH GLOBAL INVESTORS
2.76430%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
2.41006%
CAPITAL WORLD INVESTORS
CAPITAL WORLD INVESTORS
...

Progressive Beneficial Ownership Filings (SEC 13D/G)

Free Float
100.2%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
13.48%
44143
44143
SEC ↗
11.70%
The TCW Group, Inc., on behalf of the TCW Business Unit
The TCW Group, Inc., on behalf of the TCW Business Unit
SEC ↗
11.33%
6300 Wilson Mills Road, Mayfield Village, Ohio 44143
6300 Wilson Mills Road, Mayfield Village, Ohio 44143
SEC ↗
11.00%
The TCW Group, Inc.
The TCW Group, Inc.
SEC ↗
11.00%
Robert Day
Robert Day
SEC ↗
10.67%
OPPENHEIMER GROUP, INC.
OPPENHEIMER GROUP, INC.
SEC ↗
8.08%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
7.80%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.53%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
7.30%
Peter B. Lewis
Peter B. Lewis
SEC ↗

Progressive Executives and Management Board

23 members · avg. age 58 · 35 % women

SG

Mrs. Susan Griffith (60)

President, Chief Executive Officer, Director · since 2002

16.38 M USD

Management

JS

Mr. John Sauerland (60)

Chief Financial Officer, Vice President

5.45 M USD
PC

Mr. Patrick Callahan (54)

President - Personal Lines · since 2015

5.05 M USD
KB

Ms. Karen Bailo (57)

President - Commercial Lines

3.66 M USD
JM

Mr. John Murphy (55)

Claims President · since 2021

3.20 M USD
RK

Ms. Remi Kent (49)

Chief Marketing Officer

3.01 M USD
LN

Ms. Lori Niederst (51)

Customer Relationship Management President · since 2021

Board of Directors

LF

Ms. Lawton Fitt (71)

Independent Chairperson of the Board

565,075.00 USD
SB

Mr. Stuart Burgdoerfer (62)

Independent Director

380,058.00 USD
RF

Mr. Roger Farah (72)

Independent Director

370,028.00 USD
PC

Ms. Pamela Craig (68)

Independent Director

370,017.00 USD
CD

Mr. Charles Davis (76)

Independent Director

355,141.00 USD
PB

Mr. Philip Bleser (70)

Independent Director

350,150.00 USD

Progressive Supply Chain

Progressive Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
20 companies
#Nameβ 1YTrend
1
Birlasoft
Supplier·Customer
-0.29
-0.17
-0.45
-0.69
0.15
0.77
2
-0.37
-0.57
-0.46
-0.56
-0.59
0.76
-1.10
3
0.49
0.53
0.52
0.27
-0.23
0.68
-0.30
4
QuinStreet
Supplier
0.47
-0.61
-0.13
0.16
-0.46
0.62
-0.74
5
HomeStreet
Customer
0.61
0.95
0.61
0.53
0.08
0.59
#Nameβ 1YTrend
1
MediaAlpha A
Supplier
0.57
0.89
0.49
0.38
2
-0.70
-0.65
-0.34
-0.76
-0.22
3
Experian plc
Customer
-0.70
-0.57
-0.47
-0.66
4
0.64
0.70
0.40
0.42
0.10
-0.66
5
LendingTree
Supplier
0.59
0.91
0.56
0.10
-0.45
-0.35

Frequently asked questions about Progressive

The business model of Progressive Corp is focused on providing insurance products and services. As one of the leading insurance companies in the United States, Progressive offers a wide range of coverage options such as auto, home, and renters insurance. The company utilizes a direct-to-consumer approach, allowing customers to purchase insurance policies directly from Progressive rather than going through agents. Progressive leverages advanced technology and data analytics to determine risk factors and provide personalized insurance solutions. With its competitive pricing and user-friendly online platform, Progressive has gained a strong market presence and continues to innovate in the insurance industry.

Progressive Corp is primarily active in the insurance industry, offering a wide range of insurance products and services. With a strong focus on auto insurance, the company also operates in other areas such as commercial auto insurance, homeowner's insurance, renters insurance, and various specialty lines of insurance. Progressive Corp has established itself as one of the leading providers of personal and commercial insurance solutions, consistently adapting its offerings to meet the evolving needs of its customers. As a prominent player in the insurance industry, Progressive Corp continues to grow and expand its presence, serving customers across the United States.

The main competitors of Progressive Corp in the market include GEICO, Allstate, State Farm, and USAA.

Progressive Corp, commonly known as Progressive, is an American insurance company that specializes in automobile insurance. Established in 1937 by Joseph Lewis and Jack Green, Progressive has grown to become one of the largest auto insurers in the United States. The company has built its success by offering innovative insurance solutions, competitive pricing, and a dedication to exceptional customer service. With a commitment to constant improvement and making insurance easier and more accessible, Progressive has become synonymous with the name it bears. Today, Progressive Corp continues to provide reliable and trusted insurance coverage to millions of customers across the nation.

Progressive Corp has achieved several significant milestones since its inception. Notably, the company introduced the concept of usage-based insurance, allowing policyholders to pay premiums based on their driving habits. Additionally, Progressive pioneered the online policy quote and purchase system, revolutionizing the insurance industry. The company's continuous innovation led to the development of Snapshot, a program that rewards safe drivers with discounted premiums. As an industry leader, Progressive Corp has successfully expanded its product offerings, including commercial auto insurance and homeowner's insurance. With a relentless focus on customer satisfaction, the company has consistently grown its customer base and market presence, making it a compelling choice for insurance needs.

Progressive Corp is primarily present in the United States. As one of the largest auto insurance providers in the country, the company operates nationwide and serves customers in all 50 states. With its headquarters in Mayfield Village, Ohio, Progressive Corp has a strong presence across various regions in the U.S., including the Midwest, Northeast, South, and West. The company's extensive network of local agents and online platform enables it to offer insurance coverage and services to a wide range of customers throughout the country.

Progressive Corp represents a strong commitment to innovation, customer focus, and excellence in the insurance industry. Guided by its core values of integrity, respect, and excellence, the company aims to provide accessible and affordable insurance solutions for its customers. Progressive Corp embraces a progressive corporate philosophy that emphasizes continuous improvement, adaptability, and a forward-thinking mindset. As one of the leading providers of auto insurance, Progressive Corp strives to offer innovative coverages, exceptional customer service, and technological advancements. This commitment to progress and providing value to policyholders has made Progressive Corp a trusted and reputable name in the insurance market.

Analysts currently set an average price target of 248.01 USD for the Progressive stock (median: 239.19 USD), implying +18.3 % versus the latest price. The consensus is based on 29 analyst ratings.

29 analysts currently rate the Progressive stock: 13 recommend buying, 15 holding and 1 selling. For 2026, analysts expect Progressive to generate revenue of 88.25 B USD and earnings per share of 17.52 USD.

Converted at the current exchange rate, the Progressive share trades at 178.87 EUR (207.23 USD).

The Progressive share (PGR) is listed on 7 stock exchanges, including: NYSE (PGR), Frankfurt (PGV.F), München (PGV.MU), Düsseldorf (PGV.DU), London (0KOC.L), London (0KOC.L), SIX (Zürich) (PGV.SW).

The Progressive Corporation is an American insurance company that was founded in 1937 and is headquartered in Mayfield Village, Ohio. The company offers a wide range of auto insurance policies and has gained its name through its innovative use of telematics technology and its "Name Your Price" model, where customers can set the price of their coverage. Progressive offers various products, including accident, liability, comprehensive, and collision insurance. They also offer insurance for motorcycles, boats, and RVs. In addition, they also have business insurance and insurance policies for homeowners and renters, as well as a health insurance policy. Progressive has made a name for itself in recent years through its use of telematics technology and real-time data, and now offers products and services to monitor customers' driving behavior. Progressive's Snapshot program is an example of this, where drivers install a small device in their car that records their driving habits and sends information to the company. Based on this data, Progressive offers discounts on auto insurance that are based on the customer's actual driving behavior. Another innovative product that Progressive offers is the "Name Your Price" model. With this model, customers set their own price and then receive a list of policy options that match that price. This way, the customer has more control over their insurance costs and can select the coverage that best fits their budget. Progressive also has a strong online presence and offers customers the ability to purchase insurance, report and manage claims, and pay bills online. They also have a mobile app that allows customers to manage their insurance and report claims. Overall, Progressive has an innovative business model and uses technology to provide a better experience for its customers. They offer a wide range of insurance policies and have chosen to give customers control over their insurance costs by offering discounts based on their actual driving behavior. With a strong online presence and a mobile app, the company makes it easy for customers to manage their insurance and report claims.

The expected revenue of Progressive is 88.25 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Progressive is 10.30 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Progressive is currently 11.83. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Progressive stock.

The price-to-sales ratio (P/S) of Progressive is currently 1.38. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Progressive stock.

The Eulerpool Quality Score for Progressive is 6/10.

The ISIN of Progressive is US7433151039. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Progressive is 865496. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Progressive is PGR. The ticker symbol is used to trade Progressive shares on the stock exchange.

Over the past 12 months, Progressive paid a dividend of 0.50 USD . This corresponds to a dividend yield of about 0.24 %. For the coming 12 months, Progressive is expected to pay a dividend of 0.40 USD.

The current dividend yield of Progressive is 0.24 %.

Progressive pays a dividend, distributed in the months of , , , .

Progressive paid dividends every year for the past 16 years.

For the upcoming 12 months, dividends amounting to 0.40 USD are expected. This corresponds to a dividend yield of 0.19 %.

Progressive is assigned to the 'Finance' sector.

In the year 2025, Progressive distributed 0.5 USD as dividends.

The dividends of Progressive are distributed in USD.