The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and provides home insurance through select companies.
| Revenue (TTM) | $89.42B |
| Gross Profit (TTM) | $16.60B |
| EBITDA | $15.15B |
| Operating Margin | 16.40% |
| Return on Equity | 37.90% |
| Return on Assets | 7.94% |
| Revenue/Share (TTM) | $152.53 |
| Book Value | $54.86 |
| Price-to-Book | 4.21 |
| Price-to-Sales (TTM) | 1.52 |
| EV/Revenue | 1.6 |
| EV/EBITDA | 21.85 |
| Quarterly Earnings Growth (YoY) | 9.80% |
| Quarterly Revenue Growth (YoY) | 8.70% |
| Shares Outstanding | $582.20M |
| Float | $582.12M |
| % Insiders | 0.25% |
| % Institutions | 90.50% |
Volatility is currently expanding
Progressive (PGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Progressive Corporation (NYSE:PGE) will release its second quarter earnings report before the opening bell on Wednesday, July 15.
Progressive (PGR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Progressive (PGR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Progressive (PGR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
In the most recent trading session, Progressive (PGR) closed at $215.54, indicating a -2.25% shift from the previous trading day.
HCI, PGR, ALL and PLMR are positioned to stay resilient as CSU sees a milder 2026 hurricane season, prudent pricing, increased exposure and increased digitalization.
In the most recent trading session, Progressive (PGR) closed at $207.38, indicating a +1.23% shift from the previous trading day.
The Progressive Corporation has underperformed the S&P 500, but recent earnings reveal improving fundamentals and attractive long-term positioning. PGR delivered 6% YoY growth in premiums written, 10% in premiums earned, and a 36% surge in net income, signaling operational strength. While top-line growth is slowing and unit growth outpaces dollar growth, revenue growth still exceeds expense growth, driving margin expansion.
PGR's May results reflect a 36% earnings jump as higher premiums, investment income and underwriting performance boost results.
