The Progressive Corporation (PGR)

Last Closing Price: 212.20 (2024-04-24)

Company Description

The Progressive Corporation is one of the major auto insurers in the country. Progressive is a leading independent agency writer of private passenger auto coverage, and the market share leader for the motorcycle products since 1998. Their Personal Lines segment writes insurance for private passenger automobiles, recreational and other vehicles. This business generally offers more than one program in a single state, with each program targeted toward a specific distribution channel, market, or customer group. Personal Lines products comprise insurance for personal autos and special lines products. Their Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses. The Commercial Lines business, which is primarily distributed through the independent agency channel, operates in the business auto and specialty truck markets.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $62.11B
Net Income (Most Recent Fiscal Year) $3.90B
PE Ratio (Current Year Earnings Estimate) 18.91
PE Ratio (Trailing 12 Months) 22.87
PEG Ratio (Long Term Growth Estimate) 0.84
Price to Sales Ratio (Trailing 12 Months) 1.91
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 5.70
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 31.31
Pre-Tax Margin (Trailing 12 Months) 11.21%
Net Margin (Trailing 12 Months) 8.89%
Return on Equity (Trailing 12 Months) 29.43%
Return on Assets (Trailing 12 Months) 6.26%
Current Ratio (Most Recent Fiscal Quarter) 0.36
Quick Ratio (Most Recent Fiscal Quarter) 0.31
Debt to Common Equity (Most Recent Fiscal Quarter) 0.32
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $37.24
Earnings per Share (Most Recent Fiscal Quarter) $3.73
Earnings per Share (Most Recent Fiscal Year) $6.11
Diluted Earnings per Share (Trailing 12 Months) $9.77
Stock
Exchange NYSE
Sector Financial Services
Industry Insurance - Property & Casualty
Common Shares Outstanding 585.70M
Free Float 583.71M
Market Capitalization $124.29B
Average Volume (Last 20 Days) 2.86M
Beta (Past 60 Months) 0.35
Percentage Held By Insiders (Latest Annual Proxy Report) 0.34%
Percentage Held By Institutions (Latest 13F Reports) 85.34%
Annual Dividend (Based on Last Quarter) $0.40
Dividend Yield (Based on Last Quarter) 0.19%