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The Progressive Corporation (PGR)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US7433151039
CUSIP
743315103
IPO Date
Jul 9, 1986

Highlights

Market Cap
$116.60B
Enterprise Value
$23.78B
EPS (TTM)
$17.28
PE Ratio
11.47
PEG Ratio
0.09
Total Revenue (TTM)
$79.91B
Gross Profit (TTM)
$24.59B
EBITDA (TTM)
$13.09B
Year Range
$196.38 - $289.96
Target Price
$231.50
ROA (TTM)
11.16%
ROE (TTM)
222.54%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in The Progressive Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

The Progressive Corporation (PGR) has returned -7.42% so far this year and -25.42% over the past 12 months. Looking at the last ten years, PGR has achieved an annualized return of 22.11%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


The Progressive Corporation

1D
-1.56%
1M
-7.22%
YTD
-7.42%
6M
-14.59%
1Y
-25.42%
3Y*
14.89%
5Y*
18.35%
10Y*
22.11%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 9, 1986, PGR's average daily return is +0.08%, while the average monthly return is +1.61%. At this rate, your investment would double in approximately 3.6 years.

Historically, 57% of months were positive and 43% were negative. The best month was May 2000 with a return of +42.8%, while the worst month was Jan 1999 at -26.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PGR closed higher 50% of trading days. The best single day was Nov 13, 2008 with a return of +24.0%, while the worst single day was Jul 21, 2000 at -19.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-2.86%2.72%-7.22%-7.42%
20254.83%14.43%0.36%-0.41%1.13%-6.34%-9.27%2.07%-0.04%-16.55%11.06%-0.47%-3.02%
202412.47%6.35%9.11%0.74%1.41%-1.64%3.13%17.78%0.62%-4.27%10.73%-10.89%51.39%
20235.20%5.26%-0.32%-4.59%-6.22%3.49%-4.75%5.95%4.37%13.57%3.76%-2.90%23.16%
20225.96%-2.51%7.61%-5.73%11.20%-2.61%-0.96%6.60%-5.25%10.58%2.92%-1.85%26.81%
2021-7.52%-1.42%11.24%5.47%-1.65%-0.88%-3.01%1.24%-6.18%5.08%-2.04%12.08%10.84%

Benchmark Metrics

The Progressive Corporation has an annualized alpha of 12.64%, beta of 0.78, and R² of 0.25 versus S&P 500 Index. Calculated based on daily prices since July 10, 1986.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (87.51%) than losses (45.61%) — typical of diversified or defensive assets.
  • R² of 0.25 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
12.64%
Beta
0.78
0.25
Upside Capture
87.51%
Downside Capture
45.61%

Return for Risk

Risk / Return Rank

PGR ranks 8 for risk / return — in the bottom 8% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


PGR Risk / Return Rank: 88
Overall Rank
PGR Sharpe Ratio Rank: 44
Sharpe Ratio Rank
PGR Sortino Ratio Rank: 77
Sortino Ratio Rank
PGR Omega Ratio Rank: 77
Omega Ratio Rank
PGR Calmar Ratio Rank: 1010
Calmar Ratio Rank
PGR Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for The Progressive Corporation (PGR) and compare them to a chosen benchmark (S&P 500 Index).


PGRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-1.02

0.90

-1.92

Sortino ratio

Return per unit of downside risk

-1.32

1.39

-2.70

Omega ratio

Gain probability vs. loss probability

0.83

1.21

-0.38

Calmar ratio

Return relative to maximum drawdown

-0.83

1.40

-2.23

Martin ratio

Return relative to average drawdown

-1.35

6.61

-7.96

Explore PGR risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

The Progressive Corporation provided a 7.01% dividend yield over the last twelve months, with an annual payout of $13.90 per share. The company has been increasing its dividends for 3 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$13.90$4.90$1.15$0.40$0.40$6.40$2.65$2.81$1.12$0.68$0.89$0.69

Dividend yield

7.01%2.15%0.48%0.25%0.31%6.23%2.68%3.89%1.86%1.21%2.50%2.16%

Monthly Dividends

The table displays the monthly dividend distributions for The Progressive Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$13.60$0.00$0.00$13.60
2025$4.60$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$4.90
2024$0.85$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$1.15
2023$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.40
2022$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.40
2021$4.60$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$1.50$6.40

Dividend Yield & Payout


Dividend Yield

The Progressive Corporation has a dividend yield of 7.01%, which means its dividend payment is significantly above the market average.

Payout Ratio

The Progressive Corporation has a payout ratio of 28.26%, which is quite average when compared to the overall market. This suggests that The Progressive Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the The Progressive Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the The Progressive Corporation was 71.06%, occurring on Mar 13, 2000. Recovery took 515 trading sessions.

The current The Progressive Corporation drawdown is 27.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-71.06%Jan 12, 1999295Mar 13, 2000515Apr 4, 2002810
-64.62%Dec 2, 2005820Mar 9, 2009991Feb 13, 20131811
-41.45%Aug 25, 1986587Dec 16, 1988158Aug 3, 1989745
-37.95%Jul 15, 199861Oct 8, 199853Dec 23, 1998114
-36.44%Nov 1, 1993107Apr 4, 1994360Sep 6, 1995467

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of The Progressive Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how The Progressive Corporation is priced in the market compared to other companies in the Insurance - Property & Casualty industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for PGR, comparing it with other companies in the Insurance - Property & Casualty industry. Currently, PGR has a P/E ratio of 11.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for PGR compared to other companies in the Insurance - Property & Casualty industry. PGR currently has a PEG ratio of 0.1. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for PGR relative to other companies in the Insurance - Property & Casualty industry. Currently, PGR has a P/S ratio of 1.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for PGR in comparison with other companies in the Insurance - Property & Casualty industry. Currently, PGR has a P/B value of 28.2. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items