PROGRESSIVE CORP (PGR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PGR - US7433151039 - Common Stock
227.14 USD
-0.52 (-0.23%)
Taking everything into account, PGR scores 5 out of 10 in our fundamental rating. PGR was compared to 148 industry peers in the Insurance industry. Both the profitability and the financial health of PGR get a neutral evaluation. Nothing too spectacular is happening here. PGR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PGR had positive earnings in the past year.
In the past year PGR had a positive cash flow from operations.
In the past 5 years PGR has always been profitable.
In the past 5 years PGR always reported a positive cash flow from operatings.
1.2 Ratios
PGR has a Return On Assets of 8.82%. This is amongst the best in the industry. PGR outperforms 95.95% of its industry peers.
With an excellent Return On Equity value of 30.23%, PGR belongs to the best of the industry, outperforming 96.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.82% | ||
| ROE | 30.23% | ||
| ROIC | N/A |
ROA(3y)4.43%
ROA(5y)5.36%
ROE(3y)18.83%
ROE(5y)21.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PGR's Profit Margin of 12.58% is fine compared to the rest of the industry. PGR outperforms 68.92% of its industry peers.
PGR's Profit Margin has improved in the last couple of years.
The Operating Margin of PGR (16.19%) is better than 62.84% of its industry peers.
In the last couple of years the Operating Margin of PGR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 12.58% | ||
| GM | N/A |
OM growth 3Y16.24%
OM growth 5Y1.24%
PM growth 3Y17.23%
PM growth 5Y2.12%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PGR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PGR has about the same amount of shares outstanding.
The number of shares outstanding for PGR has been increased compared to 5 years ago.
Compared to 1 year ago, PGR has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of PGR is 0.40, which is an excellent value as it means it would take PGR, only 0.40 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.40, PGR belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
A Debt/Equity ratio of 0.19 indicates that PGR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.19, PGR is in the better half of the industry, outperforming 68.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.51%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PGR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.48%, which is quite impressive.
Measured over the past years, PGR shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.71% on average per year.
Looking at the last year, PGR shows a quite strong growth in Revenue. The Revenue has grown by 18.35% in the last year.
Measured over the past years, PGR shows a quite strong growth in Revenue. The Revenue has been growing by 14.08% on average per year.
EPS 1Y (TTM)36.48%
EPS 3Y59.23%
EPS 5Y21.71%
EPS Q2Q%12.81%
Revenue 1Y (TTM)18.35%
Revenue growth 3Y16.48%
Revenue growth 5Y14.08%
Sales Q2Q%9.91%
3.2 Future
The Earnings Per Share is expected to grow by 3.06% on average over the next years.
The Revenue is expected to grow by 10.77% on average over the next years. This is quite good.
EPS Next Y27.95%
EPS Next 2Y8.41%
EPS Next 3Y5.55%
EPS Next 5Y3.06%
Revenue Next Year12.44%
Revenue Next 2Y10.33%
Revenue Next 3Y9.55%
Revenue Next 5Y10.77%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.86, the valuation of PGR can be described as correct.
PGR's Price/Earnings ratio is in line with the industry average.
PGR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 13.76, which indicates a correct valuation of PGR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PGR is on the same level as its industry peers.
PGR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.86 | ||
| Fwd PE | 13.76 |
4.2 Price Multiples
PGR's Enterprise Value to EBITDA ratio is in line with the industry average.
PGR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| EV/EBITDA | 9.96 |
4.3 Compensation for Growth
PGR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PGR may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)0.59
EPS Next 2Y8.41%
EPS Next 3Y5.55%
5. Dividend
5.1 Amount
With a yearly dividend of 0.18%, PGR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.30, PGR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.88, PGR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
The dividend of PGR decreases each year by -16.45%.
PGR has paid a dividend for at least 10 years, which is a reliable track record.
PGR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-16.45%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
PGR pays out 26.80% of its income as dividend. This is a sustainable payout ratio.
DP26.8%
EPS Next 2Y8.41%
EPS Next 3Y5.55%
NYSE:PGR (12/26/2025, 11:02:56 AM)
227.14
-0.52 (-0.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners88.06%
Inst Owner Change1.01%
Ins Owners0.2%
Ins Owner Change0.54%
Market Cap133.17B
Revenue(TTM)85.17B
Net Income(TTM)10.71B
Analysts71.72
Price TargetN/A
Short Float %1.14%
Short Ratio1.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend1.16
Dividend Growth(5Y)-16.45%
DP26.8%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.63%
Min EPS beat(2)-20.4%
Max EPS beat(2)9.13%
EPS beat(4)2
Avg EPS beat(4)-0.6%
Min EPS beat(4)-20.4%
Max EPS beat(4)12.78%
EPS beat(8)5
Avg EPS beat(8)7.58%
EPS beat(12)7
Avg EPS beat(12)-1.73%
EPS beat(16)8
Avg EPS beat(16)-4.26%
Revenue beat(2)0
Avg Revenue beat(2)-3.23%
Min Revenue beat(2)-3.5%
Max Revenue beat(2)-2.96%
Revenue beat(4)1
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-3.5%
Max Revenue beat(4)2.42%
Revenue beat(8)4
Avg Revenue beat(8)0.23%
Revenue beat(12)5
Avg Revenue beat(12)-0.32%
Revenue beat(16)6
Avg Revenue beat(16)-0.73%
PT rev (1m)-1.3%
PT rev (3m)-8.65%
EPS NQ rev (1m)0.79%
EPS NQ rev (3m)3.1%
EPS NY rev (1m)-0.42%
EPS NY rev (3m)1.51%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-2.47%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.86 | ||
| Fwd PE | 13.76 | ||
| P/S | 1.56 | ||
| P/FCF | 7.81 | ||
| P/OCF | 7.66 | ||
| P/B | 3.76 | ||
| P/tB | 3.76 | ||
| EV/EBITDA | 9.96 |
EPS(TTM)17.66
EY7.77%
EPS(NY)16.51
Fwd EY7.27%
FCF(TTM)29.08
FCFY12.8%
OCF(TTM)29.65
OCFY13.05%
SpS145.26
BVpS60.46
TBVpS60.46
PEG (NY)0.46
PEG (5Y)0.59
Graham Number154.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.82% | ||
| ROE | 30.23% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 16.19% | ||
| PM (TTM) | 12.58% | ||
| GM | N/A | ||
| FCFM | 20.02% |
ROA(3y)4.43%
ROA(5y)5.36%
ROE(3y)18.83%
ROE(5y)21.61%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.61%
ROCE(5y)7.97%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y16.24%
OM growth 5Y1.24%
PM growth 3Y17.23%
PM growth 5Y2.12%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 0.4 | ||
| Debt/EBITDA | 0.49 | ||
| Cap/Depr | 110.27% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 49.94 | ||
| Cash Conversion | 123.36% | ||
| Profit Quality | 159.13% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.51%
ROIC/WACCN/A
Cap/Depr(3y)90.4%
Cap/Depr(5y)82.14%
Cap/Sales(3y)0.46%
Cap/Sales(5y)0.48%
Profit Quality(3y)462.71%
Profit Quality(5y)346.4%
High Growth Momentum
Growth
EPS 1Y (TTM)36.48%
EPS 3Y59.23%
EPS 5Y21.71%
EPS Q2Q%12.81%
EPS Next Y27.95%
EPS Next 2Y8.41%
EPS Next 3Y5.55%
EPS Next 5Y3.06%
Revenue 1Y (TTM)18.35%
Revenue growth 3Y16.48%
Revenue growth 5Y14.08%
Sales Q2Q%9.91%
Revenue Next Year12.44%
Revenue Next 2Y10.33%
Revenue Next 3Y9.55%
Revenue Next 5Y10.77%
EBIT growth 1Y30.97%
EBIT growth 3Y35.4%
EBIT growth 5Y15.49%
EBIT Next Year-5.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y91.15%
FCF growth 3Y25.42%
FCF growth 5Y20.26%
OCF growth 1Y90.3%
OCF growth 3Y24.89%
OCF growth 5Y19.28%
PROGRESSIVE CORP / PGR FAQ
What is the fundamental rating for PGR stock?
ChartMill assigns a fundamental rating of 5 / 10 to PGR.
What is the valuation status for PGR stock?
ChartMill assigns a valuation rating of 5 / 10 to PROGRESSIVE CORP (PGR). This can be considered as Fairly Valued.
What is the profitability of PGR stock?
PROGRESSIVE CORP (PGR) has a profitability rating of 6 / 10.
What is the financial health of PROGRESSIVE CORP (PGR) stock?
The financial health rating of PROGRESSIVE CORP (PGR) is 4 / 10.
Can you provide the dividend sustainability for PGR stock?
The dividend rating of PROGRESSIVE CORP (PGR) is 3 / 10 and the dividend payout ratio is 26.8%.