← PROGRESSIVE CORP/OH/ PGR
Market Price
$209.38
Market Cap
$121.44B
P/E Ratio
10.89
Revenue (FY 2025)
↑12.4% YoY
$1.20B
3-Yr CAGR: 18.3%
Net Income
↑33.3% YoY
$11.31B
Net Margin: 945.5%
Free Cash Flow
↑15.9% YoY
$17.20B
FCF Yield: 14.16%
EPS (Diluted)
↑33.5% YoY
$19.23
Basic: $19.29
Return on Equity
Efficiency
37.3%
ROA: 9.2%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (PGR)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2018: Revenue YoY (+27.4%) is identical to Gross Profit YoY (+27.4%). Verify the underlying Revenue and Gross Profit values for FY 2018 and FY 2017.
- FY 2020: Revenue YoY (+7.1%) is identical to Gross Profit YoY (+7.1%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
- FY 2022: Revenue YoY (+4.4%) is identical to Gross Profit YoY (+4.4%). Verify the underlying Revenue and Gross Profit values for FY 2022 and FY 2021.
- FY 2024: Revenue YoY (+19.7%) is identical to Gross Profit YoY (+19.7%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $332.5M | — | $191.6M | $1,031.0M | — | $1.76 | — | $2,701.9M | $2,486.9M | — |
| FY 2017 | $370.6M | +11.5% | $217.5M | $1,592.2M | +54.4% | $2.72 | +54.5% | $3,756.8M | $3,601.1M | +44.8% |
| FY 2018 | $472.2M | +27.4% | $305.7M | $2,615.3M | +64.3% | $4.42 | +62.5% | $6,284.8M | $6,018.8M | +67.1% |
| FY 2019 | $563.7M | +19.4% | $374.0M | $3,970.3M | +51.8% | $6.72 | +52.0% | $6,261.6M | $5,898.1M | -2.0% |
| FY 2020 | $603.5M | +7.1% | $386.5M | $5,704.6M | +43.7% | $9.66 | +43.8% | $6,905.6M | $6,682.1M | +13.3% |
| FY 2021 | $691.8M | +14.6% | $473.2M | $3,350.9M | -41.3% | $5.66 | -41.4% | $7,761.7M | $7,518.2M | +12.5% |
| FY 2022 | $722.1M | +4.4% | $478.6M | $721.5M | -78.5% | $1.18 | -79.2% | $6,848.8M | $6,556.8M | -12.8% |
| FY 2023 | $889.1M | +23.1% | $620.7M | $3,902.4M | +440.9% | $6.58 | +457.6% | $10,643.3M | $10,391.3M | +58.5% |
| FY 2024 | $1,064.0M | +19.7% | $785.0M | $8,480.0M | +117.3% | $14.40 | +118.8% | $15,119.0M | $14,834.0M | +42.8% |
| FY 2025 | $1,196.0M | +12.4% | $918.0M | $11,308.0M | +33.3% | $19.23 | +33.5% | $17,548.0M | $17,200.0M | +15.9% |
Valuation
Market Price
$209.38
Market Cap
$121.44B
Enterprise Value
N/A
P/E Ratio
10.89
P/B Ratio
4.01
FCF Yield
14.16%
Dividend Yield
6.64%
Shares Outstanding
Profitability & Margins
Gross Margin
76.76%
Operating Margin
1,189.21%
Net Margin
945.48%
Return on Equity (ROE)
37.29%
Return on Assets (ROA)
9.19%
Asset Turnover
0.01x
Revenue 3-Yr CAGR
18.32%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
N/A
Total Debt
N/A
Book Value / Share
$52.16
Cash Flow Efficiency
Operating Cash Flow
$17.55B
Capital Expenditures (CapEx)
$348.00M
Free Cash Flow
$17.20B
OCF / Revenue
1,467.22%
FCF / Revenue
1,438.13%
FCF 3-Yr CAGR
37.92%
Per Share Metrics
EPS (Diluted)
$19.23
EPS (Basic)
$19.29
Dividends / Share
$13.90
Book Value / Share
$52.16
EPS YoY Growth
33.54%
Balance Sheet (FY 2025)
Total Assets
$123.04B
Total Liabilities
$92.72B
Stockholders' Equity
$30.32B
Current Assets
N/A
Current Liabilities
N/A