Market cap
$131,961 Mln
Revenue (TTM)
$91,717 Mln
P/E Ratio
11.5
P/B Ratio
3.9
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -1.84 | 2.98 | 7.68 | 16.06 | 14.50 |
| EBIT | -22.67 | -2.06 | 8.84 | 59.66 | 22.98 |
| Net Profit | -23.23 | -2.79 | 8.48 | 61.85 | 23.33 |
| EPS | -22.95 | -1.79 | 8.92 | 62.02 | 23.36 |
| Book Value | -- | -- | 18.38 | 23.96 | 12.10 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 13.16 | 10.22 | 12.74 | 16.55 | 14.59 |
| Net Margin
| -- | -- | 12.67 | -- | -- |
| Return on equity
| 33.00 | 24.45 | 34.94 | 40.45 | 36.98 |
| Return on Capital
| 25.56 | 18.54 | -- | 32.45 | 28.43 |
| Return on Assets
| 7.79 | 5.86 | 7.75 | 9.89 | 8.72 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.23 | 0.27 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
32.45
|
28.43
|
15.79
|
2.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
34.94
Higher than Peers by 20.29
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
34.94
|
40.45
|
36.98
|
21.58
|
4.23
|
|
Peer Median
|
14.66
|
--
|
--
|
--
|
--
|
ROA
5.75
Higher than Peers by 2.77
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
5.75
|
9.89
|
8.72
|
4.76
|
0.99
|
|
Peer Median
|
2.98
|
--
|
--
|
--
|
--
|
EBIT Margin
16.36
Higher than Peers by 3.50
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
16.36
|
16.55
|
14.59
|
8.33
|
2.35
|
|
Peer Median
|
12.86
|
--
|
--
|
--
|
--
|
Net Margin
12.67
Higher than Peers by 1.86
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
12.67
|
12.90
|
11.26
|
6.29
|
1.46
|
|
Peer Median
|
10.81
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.68
Lower than Peers by 2.00
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
7.68
|
0.16
|
0.21
|
0.25
|
0.04
|
|
Peer Median
|
9.68
|
--
|
--
|
--
|
--
|
EBIT Growth
8.84
Lower than Peers by 7.10
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
8.84
|
31.92
|
112.53
|
343.57
|
-73.67
|
|
Peer Median
|
15.94
|
--
|
--
|
--
|
--
|
Net Profit Growth
8.48
Lower than Peers by 23.13
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
8.48
|
33.35
|
117.27
|
440.58
|
-78.45
|
|
Peer Median
|
31.61
|
--
|
--
|
--
|
--
|
EPS Growth
8.92
Lower than Peers by 22.08
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
8.92
|
0.33
|
1.17
|
4.40
|
-0.79
|
|
Peer Median
|
31.00
|
--
|
--
|
--
|
--
|
Book Value Growth
-1.71
Lower than Peers by 15.12
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
-1.71
|
--
|
--
|
--
|
--
|
|
Peer Median
|
13.41
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.21
Lower than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
0.21
|
0.23
|
0.27
|
0.34
|
0.40
|
|
Peer Median
|
0.23
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.46
Lower than Peers by 0.49
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
1.46
|
0.59
|
0.37
|
1.46
|
11.98
|
|
Peer Median
|
1.95
|
--
|
--
|
--
|
--
|
Quick Ratio
1.46
Lower than Peers by 1.13
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
1.46
|
--
|
--
|
2.91
|
16.53
|
|
Peer Median
|
2.59
|
--
|
--
|
--
|
--
|
Interest Coverage
47.79
Higher than Peers by 31.42
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
47.79
|
52.16
|
39.40
|
19.30
|
4.78
|
|
Peer Median
|
16.37
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
23.94
Lower than Peers by 5.77
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
23.94
|
22.95
|
25.40
|
27.47
|
32.77
|
|
Peer Median
|
29.72
|
--
|
--
|
--
|
--
|
Asset Turnover
0.45
Higher than Peers by 0.19
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
0.45
|
0.77
|
0.77
|
0.76
|
0.68
|
|
Peer Median
|
0.26
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
81.79
|
87.71
|
97.96
|
112.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
-532.05
|
-379.29
|
-180.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
--
|
40.16
|
50.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
--
|
-321.49
|
-118.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
11.47
Higher than Peers by 0.15
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
11.47
|
11.85
|
16.60
|
23.98
|
105.47
|
|
Peer Median
|
11.33
|
--
|
--
|
--
|
--
|
Price / Book Value
3.92
Higher than Peers by 2.10
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
3.92
|
4.42
|
5.50
|
4.61
|
4.79
|
|
Peer Median
|
1.81
|
--
|
--
|
--
|
--
|
Dividend Yield
0.17
Lower than Peers by 1.07
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
0.17
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.24
|
--
|
--
|
--
|
--
|
EV/EBITDA
21.85
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
21.85
|
8.17
|
6.35
|
7.00
|
22.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
131,961
Higher than Peers by 131,313
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
131,961
|
--
|
--
|
--
|
--
|
|
Peer Median
|
649
|
--
|
--
|
--
|
--
|