TICKVALE
>⌘K
NYSE · CIK 0000080661 · FIRE, MARINE & CASUALTY INSURANCE

PROGRESSIVE CORP/OH/

PGR chart by TradingView
P/E 10.9xP/B 3.7xP/SALES 1.4xEV/EBITDA FCF YIELD 12.50%

PRICE HISTORY

LIVE · NYSE
PGR chart by TradingView
REVENUE FY2025 ENDED DEC 2025
$87.7B
EBITDA
FREE CASH FLOW
$17.2B
EPS
$19.23
GROSS MARGIN
ROIC
Q2 FY26ENDED JUN 2026HOVERDRAG ACROSS ANY CHART TO SCRUB ALL 24 · 40 QUARTERS SHOWNVALUATIONGROWTHPROFITABILITY & RETURNSCASH & CAPITALBALANCE SHEET

VALUATION

what you pay for a unit of the business7 CHARTS

P / E RATIO (TTM)

10.9x
-42%
LATEST · Q2 FY26
10.9xQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
8.6x105.5x

P / SALES (TTM)

1.4x
+73%
LATEST · Q2 FY26
1.4xQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
0.8x2.1x

P / BOOK

3.7x
+63%
LATEST · Q2 FY26
3.7xQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
2.3x5.7x

EV / EBITDA (TTM)

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

EV / REVENUE (TTM)

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

FCF YIELD (TTM)

12.50%
+0.5pp
LATEST · Q2 FY26
12.50%Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
7.78%17.01%

DIVIDEND YIELD (TTM)

6.36%
+4.4pp
LATEST · Q2 FY26
6.36%Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
0.28%7.01%

GROWTH

is the business getting bigger5 CHARTS

REVENUE

$23.6B
+298%
LATEST · Q2 FY26
23.6BQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

EBITDA (DERIVED)

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

NET INCOME

$3.3B
+1566%
LATEST · Q2 FY26
3.3BQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

EPS (DILUTED)

$5.67
+1567%
LATEST · Q2 FY26
5.67Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

REVENUE GROWTH YOY

7.29%
-5.2pp
LATEST · Q2 FY26
7.29%Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
-3.24%33.68%

PROFITABILITY & RETURNS

what survives to the bottom, and what it earns on capital4 CHARTS

FCF MARGIN

14.69%
+3.7pp
LATEST · Q2 FY26
14.69%Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
3.18%24.91%

RETURN ON CAPITAL

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

RETURN ON EQUITY (TTM)

34.06%
+22.0pp
LATEST · Q2 FY26
34.06%Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26
4.54%37.29%

MARGIN FUNNEL

every line is a share of the same revenue, so they read on one scale — the gaps are what each layer takes out, and net rises above operating when income arrives from outside the business
GROSS MARGIN
OPERATING MARGIN
NET MARGIN14.02%
FCF MARGIN14.69%
27.8718.9910.101.21-7.68NETFCFQ3 FY16Q3 FY17Q3 FY18Q3 FY19Q3 FY20Q3 FY21Q3 FY22Q3 FY23Q3 FY24Q3 FY25Q2 FY26

CASH & CAPITAL

where the money actually goes5 CHARTS

FREE CASH FLOW

$3.5B
+432%
LATEST · Q2 FY26
3.5BQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

STOCK-BASED COMP

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

CAPITAL EXPENDITURE

$0.1B
+160%
LATEST · Q2 FY26
0.1BQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

SHARES OUTSTANDING

0.58B
-0%
LATEST · Q2 FY26
0.58BQ3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

DIVIDEND / SHARE

$0.10
+$0.10
LATEST · Q2 FY26
0.10Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

BALANCE SHEET

how much cushion there is3 CHARTS

CASH & EQUIVALENTS

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

TOTAL DEBT

+0%
LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

DEBT / EBITDA (TTM)

LATEST · Q2 FY26
Q3 FY16Q3 FY18Q3 FY20Q3 FY22Q3 FY24Q2 FY26

OWNERSHIP

10 LARGEST HOLDERS · WHO OWNS THE FLOAT
INSTITUTIONS 89.24%INSIDERS 0.25%OTHER / RETAIL 10.52%2,428 INSTITUTIONAL FILERS
HOLDER% HELDSHARESVALUECHANGE
Blackrock Inc.9.00%52.3M$11.27B+0.4%
Vanguard Capital Management LLC6.55%38.1M$8.20BNEW
State Street Corporation4.45%25.9M$5.57B+0.2%
Capital Research Global Investors3.88%22.6M$4.86B+102.6%
Geode Capital Management, LLC2.80%16.3M$3.50B+4.1%
Capital World Investors2.44%14.2M$3.05B+48.8%
Bank of America Corporation2.21%12.9M$2.77B-3.9%
JPMORGAN CHASE & CO2.09%12.1M$2.61B-21.8%
Vanguard Portfolio Management LLC2.01%11.7M$2.52BNEW
Alliancebernstein L.P.1.75%10.2M$2.19B-2.1%
AS OF 2026-03-31 · MOST RECENT 13F FILINGS
SOURCE → 10-K · 10-Q · 8-K / GUIDANCE · ALL FILINGS
FILING DATA AS OF 2026-08-10. Figures are derived from public SEC EDGAR filings (40most recent quarters shown, Q4 implied as full-year minus Q1-Q3). Valuation multiples use each period’s fiscal period-end close. Live price charts and quotes are provided by TradingView. This page is informational only — it is not investment advice, and figures are not warranted for accuracy. EBITDA is not a GAAP measure; it is derived as operating income + D&A. Verify against the linked source filing before relying on any number here.