Market cap
$127,483 Mln
Revenue (TTM)
$91,047 Mln
P/E Ratio
11
P/B Ratio
3.7
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.48 | 7.37 | 10.52 | 17.67 | 14.79 |
| EBIT | 18.18 | 6.07 | 12.44 | 84.18 | 16.18 |
| Net Profit | 17.49 | 4.28 | 12.11 | 88.58 | 16.35 |
| EPS | 18.02 | 4.91 | 12.28 | 88.61 | 16.34 |
| 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 | 16.56 | 16.55 | 14.59 |
| Net Margin
| -- | -- | 12.85 | -- | -- |
| Return on equity
| 33.00 | 24.45 | 36.18 | 40.45 | 36.98 |
| Return on Capital
| 25.56 | 18.54 | -- | 32.45 | 28.43 |
| Return on Assets
| 7.79 | 5.86 | 6.85 | 9.89 | 8.72 |
| Debt to Equity (x)
| -- | -- | 0.22 | 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
36.18
Higher than Peers by 21.60
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
36.18
|
40.45
|
36.98
|
21.58
|
4.23
|
|
Peer Median
|
14.57
|
--
|
--
|
--
|
--
|
ROA
6.85
Higher than Peers by 3.89
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
6.85
|
9.89
|
8.72
|
4.76
|
0.99
|
|
Peer Median
|
2.96
|
--
|
--
|
--
|
--
|
EBIT Margin
16.56
Higher than Peers by 4.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
16.56
|
16.55
|
14.59
|
8.33
|
2.35
|
|
Peer Median
|
12.38
|
--
|
--
|
--
|
--
|
Net Margin
12.85
Higher than Peers by 2.14
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
12.85
|
12.90
|
11.26
|
6.29
|
1.46
|
|
Peer Median
|
10.71
|
--
|
--
|
--
|
--
|
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
10.52
Higher than Peers by 0.74
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
10.52
|
0.16
|
0.21
|
0.25
|
0.04
|
|
Peer Median
|
9.78
|
--
|
--
|
--
|
--
|
EBIT Growth
12.44
Lower than Peers by 1.60
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
12.44
|
31.92
|
112.53
|
343.57
|
-73.67
|
|
Peer Median
|
14.04
|
--
|
--
|
--
|
--
|
Net Profit Growth
12.11
Lower than Peers by 20.51
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
12.11
|
33.35
|
117.27
|
440.58
|
-78.45
|
|
Peer Median
|
32.62
|
--
|
--
|
--
|
--
|
EPS Growth
12.28
Lower than Peers by 19.71
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
12.28
|
0.33
|
1.17
|
4.40
|
-0.79
|
|
Peer Median
|
32.00
|
--
|
--
|
--
|
--
|
Book Value Growth
5.93
Lower than Peers by 7.90
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
5.93
|
--
|
--
|
--
|
--
|
|
Peer Median
|
13.83
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.22
Lower than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
0.22
|
0.23
|
0.27
|
0.34
|
0.40
|
|
Peer Median
|
0.24
|
--
|
--
|
--
|
--
|
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
--
--
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
0.59
|
0.37
|
1.46
|
11.98
|
|
Peer Median
|
2.19
|
--
|
--
|
--
|
--
|
Quick Ratio
--
--
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
--
|
--
|
--
|
2.91
|
16.53
|
|
Peer Median
|
3.00
|
--
|
--
|
--
|
--
|
Interest Coverage
50.76
Higher than Peers by 34.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
50.76
|
52.16
|
39.40
|
19.30
|
4.78
|
|
Peer Median
|
16.00
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
23.09
Lower than Peers by 6.43
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
23.09
|
22.95
|
25.40
|
27.47
|
32.77
|
|
Peer Median
|
29.52
|
--
|
--
|
--
|
--
|
Asset Turnover
0.53
Higher than Peers by 0.27
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Progressive Corp (PGR)
|
0.53
|
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
11.00
Higher than Peers by 0.11
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)
|
11.00
|
11.85
|
16.60
|
23.98
|
105.47
|
|
Peer Median
|
10.88
|
--
|
--
|
--
|
--
|
Price / Book Value
3.73
Higher than Peers by 2.00
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)
|
3.73
|
4.42
|
5.50
|
4.61
|
4.79
|
|
Peer Median
|
1.73
|
--
|
--
|
--
|
--
|
Dividend Yield
0.18
Lower than Peers by 1.53
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)
|
0.18
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.71
|
--
|
--
|
--
|
--
|
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
127,483
Higher than Peers by 126,807
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)
|
127,483
|
--
|
--
|
--
|
--
|
|
Peer Median
|
676
|
--
|
--
|
--
|
--
|