PGR
Progressive Corporation
$207.38
▲ 1.2%Updated Today 6:01 PM ET
▼ Down 21.3% over the last 12 months
Market Cap
$119.71B
P/E
10.3x
Forward P/E (est.)
7.77x
ROE
35.4%
Revenue Growth
13.9%
EPS Growth
32.6%
Profit Margin
12.9%
FCF Yield
2.5%
Debt / Equity
0.23x
ROIC
—
Interest Coverage
—
Current Ratio
—
Dividend Yield
0.2%
Implied Growth (rev. DCF)
-4.7%
Rating Score
72/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PGR's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PGR trades near $207.38, around its 50-day average ($199.74) and 200-day average ($214.73). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. PGR's is $5.13 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month PGR found buyers near $189.20 (support) and sellers near $207.49 (resistance); its 52-week range is $189.20–$267.93. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Progressive Corporation (PGR) is a large-cap company in the Property & Casualty Insurance industry, part of the Financials sector of the S&P 500, with a market value around $119.71B.
In its latest reported year it generated about $87.67B in revenue and $11.31B in net profit.
Our model rates PGR Strong (72/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
16.4%
Revenue moved from $47.70B in 2021 to $87.67B in 2025, a 16.4% compound annual growth rate. The most recent year grew a steady 13.9% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
—
Operating Margin
16.6%
Net Margin
12.9%
ROE
35.4%
Progressive Corporation keeps about 12.9% of each sales dollar as net profit. Return on equity is 35.4%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$2.66B
Net Debt
$2.66B
Net Debt / EBITDA
—
Debt / Equity
0.23x
Leverage: debt-to-equity is 0.2x. That is a conservative balance sheet — a cushion in downturns.
Operating CF
$17.55B
Free Cash Flow
$17.20B
FCF Margin
19.6%
In the latest year Progressive Corporation produced about $17.55B of operating cash flow and $17.20B of free cash flow after capital spending. That is a free-cash-flow yield of about 2.5% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
10.3x
P/S
1.36x
P/B
4.41x
EV / EBITDA
—
PGR trades at 10.3x trailing earnings (about 7.8x on estimated forward earnings), 1.4x sales, and 4.4x book value. Reverse-engineering today's price implies the market expects roughly -4.7% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How PGR stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.
In the Financials sector (76 S&P 500 companies), PGR ranks #17 of 76 by our overall rating. It trades at a discount versus the sector on earnings (10.3x P/E vs. 15.2x median) with a higher return on equity (35.4% vs. 15.3%) and faster revenue growth (13.9% vs. 9.1%).
P/E vs sector
10.3x
median 15.2x
ROE vs sector
35.4%
median 15.3%
Growth vs sector
13.9%
median 9.1%
Sector rank
#17
of 76 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Financials companies by sub-industry and size. Sector median is across all 76 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$225.33 – $375.54
vs. $207.38 today · expected CAGR 2% – 13%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $99.94B | $113.94B | $129.89B | $148.07B | $168.80B |
| Net income | $12.99B | $14.81B | $16.89B | $19.25B | $21.94B |
| EPS | $22.24 | $25.35 | $28.90 | $32.94 | $37.55 |
| Share price (low) | $133.41 | $152.09 | $173.38 | $197.65 | $225.33 |
| Share price (high) | $222.35 | $253.48 | $288.97 | $329.42 | $375.54 |
| CAGR (low–high) | -36% / 7% | -14% / 11% | -6% / 12% | -1% / 12% | 2% / 13% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for PGR:
- Revenue is growing 13.9% a year, a sign of real demand.
- Strong return on equity (35.4%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.2x) lowers risk.
- Our model's overall read is Strong (72/100).
The case against PGR:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Progressive Corporation is a large-cap financials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 10.3x earnings, which our model scores Strong (72/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.