- ISIN
- US7433151039
- CUSIP
- 743315103
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- IPO Date
- Jul 9, 1986
Highlights
- EPS (TTM)
- $19.67
- PE Ratio
- 10.42
- PEG Ratio
- 0.08
- Total Revenue (TTM)
- $89.43B
- Gross Profit (TTM)
- $25.44B
- EBITDA (TTM)
- $15.15B
- Year Range
- $189.20 - $267.93
- Target Price
- $228.33
- ROA (TTM)
- 9.28%
- ROE (TTM)
- 242.63%
Share Price Chart
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Performance
PGR Performance Chart
The Progressive Corporation (PGR) is down 4.3% since the beginning of the year. At $205 per share, PGR is trading 23.5% below its 52-week high of $268. Investors who bought $1,000 worth of PGR shares 5 years ago would now be looking at an investment worth $2,482.
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Returns By Period
The Progressive Corporation (PGR) has returned -4.27% so far this year and -16.20% over the past 12 months. Looking at the last ten years, PGR has achieved an annualized return of 23.84%, outperforming the S&P 500 Index benchmark, which averaged 13.54% per year.
The Progressive Corporation
- 1D
- 0.22%
- 1M
- 1.12%
- YTD
- -4.27%
- 6M
- -2.80%
- 1Y
- -16.20%
- 3Y*
- 19.92%
- 5Y*
- 19.94%
- 10Y*
- 23.84%
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.06%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
PGR Monthly Returns History
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, an 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 10 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.86% | 2.72% | -7.22% | 1.59% | -5.41% | 7.60% | -4.27% | ||||||
| 2025 | 4.83% | 14.43% | 0.36% | -0.41% | 1.13% | -6.34% | -9.27% | 2.07% | -0.04% | -16.55% | 11.06% | -0.47% | -3.02% |
| 2024 | 12.47% | 6.35% | 9.11% | 0.74% | 1.41% | -1.64% | 3.13% | 17.78% | 0.62% | -4.27% | 10.73% | -10.89% | 51.39% |
| 2023 | 5.20% | 5.26% | -0.32% | -4.59% | -6.22% | 3.49% | -4.75% | 5.95% | 4.37% | 13.57% | 3.76% | -2.90% | 23.16% |
| 2022 | 5.96% | -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 12.43%, beta of 0.78, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since July 09, 1986.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (85.49%) than losses (44.32%) - typical of diversified or defensive assets.
- R2 of 0.24 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
- 12.43%
- Beta
- 0.78
- R²
- 0.24
- Upside Capture
- 85.49%
- Downside Capture
- 44.32%
Return for Risk
Risk / Return Rank
PGR ranks 15 for risk / return — in the bottom 15% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for The Progressive Corporation (PGR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PGR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.35 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 2.66 | -3.33 |
| Martin ratioReturn relative to average drawdown | -1.03 | 11.86 | -12.90 |
Dividends
Dividend History
The Progressive Corporation provided a 6.78% 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6.78% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $13.60 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $13.70 | ||||||
| 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 6.78%, which means its dividend payment is significantly above the market average.
Payout Ratio
The Progressive Corporation has a payout ratio of 70.49%, 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 25.06%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -71.06%Mar 2000 | 1y 2mo | 2y 22d | 3y 2moJan 1999 - Apr 2002 |
Financial crisis2007–2009 | -64.62%Mar 2009 | 3y 3mo | 3y 11mo | 7y 2moDec 2005 - Feb 2013 |
1988 bear market1988 | -41.45%Dec 1988 | 2y 3mo | 7mo 20d | 2y 11moAug 1986 - Aug 1989 |
1998 bear market1998 | -37.95%Oct 1998 | 2mo 25d | 2mo 16d | 5mo 11dJul 1998 - Dec 1998 |
1994 bear market1994 | -36.44%Apr 1994 | 5mo 4d | 1y 5mo | 1y 10moNov 1993 - Sep 1995 |
Drawdown Indicators
| PGR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -56.78% | -14.28% |
Max Drawdown (1Y)Largest decline over 1 year | -24.02% | -9.10% | -14.92% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -18.90% | -11.45% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -25.43% | -4.92% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -33.92% | +3.57% |
Current DrawdownCurrent decline from peak | -25.06% | -2.49% | -22.57% |
Average DrawdownAverage peak-to-trough decline | -14.54% | -10.72% | -3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.68% | 2.03% | +13.65% |
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.
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 10.4. 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 1.3. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
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 | — |
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