The Progressive Corporation
$212.92
+$0.80 (+0.38%)
Jan 5, 2026
Price History (1Y)
Analysis
The Progressive Corporation is a leading provider of insurance and financial services in the United States. The company operates within the Financial Services sector, specifically within the Insurance - Property & Casualty industry. With a market capitalization of $124.81 billion, revenue of $85.17 billion, and over 66,000 employees, Progressive is a significant player in its market. Progressive's financial health appears to be stable, with gross margin at 17.9%, operating margin at 15.1%, and profit margin at 12.6%. The company generates strong returns on equity (34.2%) and assets (7.6%), indicating efficient use of capital. However, the current ratio is relatively low at 0.30, suggesting that Progressive may face liquidity challenges if it experiences rapid cash outflows. In terms of valuation, Progressive's price-to-earnings (P/E) ratio stands at 11.64, with a forward P/E of 13.22. The company has achieved revenue growth of 14.2% year-over-year and earnings growth of 12.1%. Dividend investors can expect a yield of 655.0%, although the payout ratio is relatively modest at 26.9%. Overall, Progressive's valuation metrics suggest that the company may be priced fairly considering its financial performance.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About The Progressive Corporation
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Visit website →Key Statistics
- Market Cap
- $124.81B
- P/E Ratio
- 11.64
- 52-Week High
- $292.99
- 52-Week Low
- $199.90
- Avg Volume
- 3.48M
- Beta
- 0.34
- Dividend Yield
- 655.00%
Company Info
- Industry
- Insurance - Property & Casualty
- Exchange
- NYQ
- Country
- United States
- Employees
- 66,308