Progressive Corp (PGR) Financials

$218.95

$-4.92 (-2.20%)

As on 04-Sep-2026 16:15EDT

Market cap

$127,232 Mln

Revenue (TTM)

$91,047 Mln

P/E Ratio

P/B Ratio

3.7

Div. Yield

0.2 %

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	91,047.00	87,637.00	75,343.00	62,083.00	49,587.00	47,676.50
Cost of Revenue	66,550.00	61,807.00	54,443.00	50,320.00	42,040.00	37,340.40
Gross Profit	24,497.00	25,830.00	20,900.00	11,763.00	7,547.00	10,336.10
Operating Expenses	9,717.00	11,607.00	10,187.00	6,859.00	6,625.00	6,126.10
Operating Profit (EBIT)	14,780.00	14,223.00	10,713.00	4,904.00	922.00	4,210.00
Other Income	--	--	--	--	--	--
Profit before Tax	14,780.00	14,223.00	10,713.00	4,904.00	922.00	4,210.00
Provision for Tax	3,085.00	2,915.00	2,233.00	1,001.00	200.00	859.10
Profit after Tax (Net Income)	11,695.00	11,308.00	8,480.00	3,903.00	722.00	3,350.90
Minority Interest	--	--	--	--	--	--
Consolidated Profit	5,566.00	11,308.00	8,463.00	3,864.80	694.60	3,324.00

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	34,333.00	30,323.00	25,591.00	20,277.00	15,891.00	18,231.60
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	--	24,187.00	17,239.00	13,891.00	54,041.20	27,376.50
Current Liabilities	--	68,529.00	62,915.00	54,523.00	5,532.80	21,242.10
Total Liabilities	--	123,039.00	105,745.00	88,691.00	75,465.00	71,132.30

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	--	82,878.00	82,425.00	9,136.00	9,203.40	53,221.40
Current Assets	--	40,161.00	23,320.00	79,555.00	66,261.60	59,195.70
Total Assets	124,925.00	123,039.00	105,745.00	88,691.00	75,465.00	71,132.30
Total Debt*	--	6,897.00	6,893.00	6,889.00	6,388.30	9,796.80
Net Current Assets	--	--	--	--	--	--

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	17,548.00	15,119.00	10,643.30	6,848.80	7,761.70
Cash Flow from Investing Activities	--	-14,527.00	-13,749.00	-10,842.60	-7,956.20	-3,119.80
Cash from Financing Activities	--	-3,037.00	-1,316.00	78.00	1,126.20	-4,516.30
Net Cash Inflow / Outflow	--	--	--	--	--	125.60

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS ($)	19.93	19.22	14.43	6.64	1.23	5.73
Cash EPS ($)	19.92	19.76	14.91	7.17	1.80	6.31
Adjusted Book Value ($)	59.09	51.55	43.55	34.51	27.07	31.18
Dividend per Share ($)	0.18	--	--	--	--	--
Cash Flow per Share ($)	--	29.83	25.73	18.12	11.67	13.27
Free Cash Flow per Share ($)	--	29.24	25.24	17.69	11.17	12.86

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	32.45	28.43	15.79	2.87	13.15
ROE (%)	36.18	40.45	36.98	21.58	4.23	19.00
ROA (%)	6.85	9.89	8.72	4.76	0.99	4.96
EBIT Margin (%)	16.56	16.55	14.59	8.33	2.35	9.29
Net Margin (%)	12.85	12.90	11.26	6.29	1.46	7.03
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	10.52	0.16	0.21	0.25	0.04	0.12
EBIT Growth (%)	12.44	31.92	112.53	343.57	-73.67	-40.07
Net Profit Growth (%)	12.11	33.35	117.27	440.58	-78.45	-41.26
EPS Growth (%)	12.28	0.33	1.17	4.40	-0.79	-0.41
Book Value Growth (%)	5.93	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Price / Earnings	10.99	11.85	16.60	23.98	105.47	17.91
Price / Book Value	3.68	4.42	5.50	4.61	4.79	3.29
Dividend Yield (%)	0.18	--	--	--	--	--
EV/EBITDA	21.85	8.17	6.35	7.00	22.30	5.21
Close Price ($)	218.45	227.72	239.61	159.28	129.71	102.65
High Price ($)	267.00	292.99	270.62	165.57	134.50	107.59
Low Price ($)	189.20	199.90	159.34	111.41	100.81	84.89
Market Cap ($ Cr)	127,231.85	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	0.22	0.23	0.27	0.34	0.40	0.54
Short term debt to equity ratio	--	--	--	--	--	0.27
Current Ratio	--	0.59	0.37	1.46	11.98	2.79
Quick Ratio	--	--	--	2.91	16.53	3.56
Interest Coverage	50.76	52.16	39.40	19.30	4.78	20.26

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	23.09	22.95	25.40	27.47	32.77	30.16
Asset Turnover	0.53	0.77	0.77	0.76	0.68	0.71
Receivable days	--	81.79	87.71	97.96	112.80	101.74
Inventory Days	--	--	-532.05	-379.29	-180.93	-175.68
Payable days	--	--	--	40.16	50.15	53.63
Cash Conversion Cycle	--	--	--	-321.49	-118.27	-127.58

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement ($ Mln)