SuperworthThe Progressive Corporation PGR
Insurance - Property & Casualty, Financial Services
$214.12
+0.98%
- Market cap
- $124.5B
- PE
- 10.7×
- 10y median 18.7×
- Forward PE
- Price to sales
- 1.4×
- EV/EBIT
- 8.5×
- Revenue, 12 months
- $91.1B
- +10% on a year ago
- Net margin
- 12.8%
- Free cash flow yield
- 12.8%
Progressive trades at 10.7× trailing earnings, cheaper than 92% of the last ten years. Revenue was $91.1B over the last twelve months, up 10% on a year earlier with a 13% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $16.9B | $17.2B | $18.1B | $19.7B | $20.3B+20% | $20.4B+18% | $22B+21% | $22.5B+14% | $22.7B+12% | $22.2B+9% | $23.6B+7% | |
| $2.5B | $2.9B | $1.9B | $2.9B | $3B+19% | $3.2B+10% | $4B+114% | $3.3B+13% | $3.7B+24% | $3.6B+10% | $4.2B+6% | |
| Interest expense | $69.7M | $70M | $69M | $69.9M | $69.9M+0% | $70M+0% | $69M+0% | $70M+0% | $69M−1% | $70M+0% | $88M+28% |
| Pre-tax income | $2.5B | $2.9B | $1.9B | $2.9B | $3B+19% | $3.2B+10% | $4B+114% | $3.3B+13% | $3.7B+24% | $3.6B+10% | $4.2B+6% |
| $515.3M | $609M | $401M | $612M | $611M+19% | $669M+10% | $807M+101% | $708M+16% | $731M+20% | $748M+12% | $898M+11% | |
| Net income | $2B | $2.3B | $1.5B | $2.3B | $2.4B+19% | $2.6B+10% | $3.2B+118% | $2.6B+12% | $3B+25% | $2.8B+10% | $3.3B+4% |
| $3.37 | $3.94 | $2.48 | $3.97 | $4.01+19% | $4.37+11% | $5.40+118% | $4.45+12% | $5.02+25% | $4.80+10% | $5.67+5% | |
| 587.5M | 587.3M | 587.4M | 587.6M | 587.6M+0% | 587.7M+0% | 587.8M+0% | 588.2M+0% | 588.2M+0% | 586.9M−0% | 584.2M−1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Insurance - Property & Casualty within ten times Progressive's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| PGRThe Progressive Corporation | $124.5B | 10.7× | 18.7× | 1.4× | +10% | 12.8% | |
| CBChubb Limited | $129.1B | 11.8× | 13.7× | 2.1× | +8% | 18.1% | |
| TRVThe Travelers Companies, Inc. | $75.2B | 9.7× | 13.7× | 1.5× | +2% | 17.0% | |
| ALLThe Allstate Corporation | $56.6B | 4.5× | 11.5× | 0.8× | +6% | 19.0% | |
| WRBW. R. Berkley Corporation | $25.9B | 14.3× | 15.4× | 1.7× | +4% | 12.9% | |
| CINFCincinnati Financial Corporation | $24.8B | 7.6× | 13.1× | 1.8× | +20% | 23.8% | |
| LLoews Corporation | $21.6B | 13.0× | 13.9× | 1.2× | +4% | 9.0% | |
| MKLMarkel Corporation | $21.4B | 9.5× | 14.1× | 1.4× | −3% | 14.7% | |
| Peer median | $25.9B | 9.7× | 13.7× | 1.5× | +4% | 17.0% |
About
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- Left out
- Insurers have no cost of goods sold: gross margin doesn't describe them.
Valuation data, not investment advice. Prices as of .