The Progressive Corporation (PGR) Stock: Price, Forecast & Analyst Target
The Progressive Corporation (PGR) — MoonshotScore 94/100 (Exceptional band), calculated Oct 5, 2026. Price $212.02 (+0.81%), as of the Oct 5, 2026 trading session; market cap $123B. Expected results Oct 14, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 1.30× (market value Oct 5, 2026; cash Aug 31, 2026) · expected results Oct 14, 2026
The Progressive Corporation · PGR · NYSE · Financial Services · Insurance - Property & Casualty
Research dated 2026-09-12: Progressive is a vehicle-centered property-and-casualty insurer serving consumers and commercial operators through independent agencies and direct channels. Its results hinge on whether Personal Lines growth can keep producing stronger operating earnings and cash flow without claims costs outrunning pricing.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore v2 · The Progressive (PGR)
ExceptionalWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Elite quality, a strong balance sheet and elite growth, at a cheap price, with no real weak spot, and the price trend has turned against it. Business Quality: Elite; Financial Safety: Sound; Valuation: Cheap; Growth Durability: Compounding; Momentum: Slipping.
- quarterly revenue $23.62B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 4 of 8
- expected results Oct 14, 2026
Holding back: weak price trend
Helping: business quality, balance-sheet strength, an attractive price, durable growth
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 93 | Exceptional | |
| 94 | Exceptional | |
| 94 | Exceptional | |
| 93 | Exceptional | |
| 93 | Exceptional | |
| 94 | Exceptional |
The score moved from 92 in the stored Oct 4, 2026 snapshot to 94 in the current publication computed Oct 5, 2026 (+2); the largest pillar moves were Momentum +5 and Growth Durability +3.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $212.02 | |
| Change on the day | +0.81% | |
| 52-week range | $189.20 – $245.64 | |
| Market capitalisation | $123B | |
| Price / earnings (trailing) | 10.53 | |
| Shares traded on the day | 1.69M | |
| Beta (volatility vs the S&P 500) | 0.26 | |
| Dividends per share (last 12 months) | $13.90 | |
| Dividend yield (last 12 months) | 6.61% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · below the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · below the recorded estimate
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Chronological order, not a duration scale. The provider's estimated date can change.
What to watch nextOther perspectives
Council score for The Progressive (PGR): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
2 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the PGR film — every key number, told as a short cinematic story
~2 min · open the film
What is The Progressive (PGR), and what does it report?
Short answer · as of
Progressive sells protection for personal vehicles, commercial fleets and property rather than vehicles or conventional banking products.
Research dated 2026-09-12.
Progressive sells protection for personal vehicles, commercial fleets and property rather than vehicles or conventional banking products. Demand arrives through insurance policies bought by consumers and businesses, with revenue shaped by policy volume, pricing and the mix of coverage.
Personal Lines supplies most disclosed segment revenue, while Commercial Lines contributes a materially smaller share. Reported growth therefore says far more about the personal vehicle franchise than the broad financial-services classification suggests.
What do the latest results show for The Progressive (PGR)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $23.62B.
Research dated 2026-09-12.
The latest quarterly figures show revenue, operating result, net result and diluted earnings advancing from the immediately preceding period, even as gross profit moved lower. Those measures were also stronger than in the comparable prior period, extending the annual pattern of revenue expansion and a pronounced recovery in net income from its earlier trough.
Results against expectations have been less uniform: the latest release cleared consensus for revenue and earnings, while earlier releases alternated between beats and misses. Because Personal Lines dominates disclosed segment revenue, its scale carries far more influence over consolidated performance than changes in the smaller Commercial Lines operation.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $23.62B Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $4.21B Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $23.62B | Not available | Not available | $4.21B |
| Mar 31, 2026 | $22.18B | Not available | Not available | $3.57B |
| Dec 31, 2025 | $22.74B | Not available | Not available | $3.68B |
| Sep 30, 2025 | $22.51B | Not available | Not available | $3.32B |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $21.08B Jul 15, 2026
- Latest report · revenue estimate
- $19.49B Jul 15, 2026
- Latest report · revenue vs estimate
- Above estimate Jul 15, 2026
- Latest report · EPS vs estimate
- Above estimate Jul 15, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Jul 15, 2026 | $21.08B | $19.49B | $4.8500 | $4.6400 |
| Apr 15, 2026 | $23.64B | $22.98B | $4.8100 | $4.8500 |
| Jan 28, 2026 | $19.51B | $20.30B | $4.6700 | $4.4400 |
| Oct 15, 2025 | $21.38B | $21.80B | $4.0500 | $4.9900 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $23.62B | $3.31B | $5.67 (diluted) |
| Q1 FY2026 | $22.18B | $2.82B | $4.80 (diluted) |
| Q4 FY2025 | $22.74B | $2.95B | $5.02 (diluted) |
| Q3 FY2025 | $22.51B | $2.62B | $4.45 (diluted) |
What are the financial strengths and risks for The Progressive (PGR)?
Short answer
Cash and short-term investments were $94.76B at the Aug 31, 2026 balance-sheet date. Operating cash flow was $3.61B for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Operating cash flow remained positive throughout the displayed history and comfortably exceeded capital spending in every reported period. That cash conversion, alongside strong reported returns and margins, is a meaningful financial strength.
The narrow cash balance gives an incomplete picture of Progressive's resources because most cash and investments sit in long-term investments. Cash and short-term investments have moved sharply, while the combined investment pool substantially exceeds debt; total liabilities remain large, as expected for an insurer carrying obligations against its asset base.
The operating risk is straightforward: vehicle or property claims rising faster than earned pricing would compress profit even if revenue continued to grow. Personal Lines concentration makes deterioration in personal vehicle economics especially consequential.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $3.61B Jun 30, 2026
- Previous quarter · operating cash flow
- $4.37B Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | $3.61B | −$138.00M |
| Mar 31, 2026 | $4.37B | −$63.00M |
| Dec 31, 2025 | $3.17B | −$121.00M |
| Sep 30, 2025 | $5.20B | −$66.00M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at The Progressive (PGR)?
Short answer · as of
The next earnings report is expected on Oct 14, 2026.
Research dated 2026-09-12.
The scheduled earnings release should be read across revenue, operating result, net income and operating cash flow. Revenue growth without comparable profit and cash progression would indicate less favorable insurance economics, while continued alignment would support the recent improvement.
Consensus currently combines rising revenue with easing earnings across the later forecast horizon. Margin durability is therefore more informative than a top-line beat alone, and the investment pool should be monitored alongside narrow cash to distinguish ordinary balance-sheet movement from weakening overall resources.
How does The Progressive compare with its peers?
Short answer
The Progressive's score ranks tied for 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Progressive differs from a direct-only personal auto writer because it reaches customers through independent agencies as well as online and telephone channels. It also differs from a property-led multiline carrier: disclosed segment revenue is overwhelmingly concentrated in Personal Lines.
Commercial Lines reaches small-business vehicles, freight operators, heavy-duty fleets, towing services and hired transport, while Property adds homeowners, renters and flood coverage. The result is product breadth around a vehicle-centered earnings base, not evenly distributed diversification.
| Company | Price | Market value | Score |
|---|---|---|---|
| $224.71 Oct 5, 2026 | $57.6B | 99 5-pillar Oct 5, 2026 | |
| $360.70 Oct 5, 2026 | $75.2B | 97 5-pillar Oct 5, 2026 | |
| $220.40 Oct 5, 2026 | $7.64B | 96 5-pillar Oct 5, 2026 | |
| The Progressive (PGR) — this page | $212.02 | $123B | 94 |
| $162.14 Oct 5, 2026 | $24.9B | 94 5-pillar Oct 5, 2026 | |
| $69.77 Oct 5, 2026 | $25.7B | 91 5-pillar Oct 5, 2026 | |
| $330.49 Oct 5, 2026 | $128B | 82 5-pillar Oct 5, 2026 | |
| $139.33 Oct 5, 2026 | $11.6B | 82 5-pillar Oct 5, 2026 | |
| $117.10 Oct 5, 2026 | $199B | 79 5-pillar Oct 5, 2026 | |
| $332.42 Oct 5, 2026 | $7.51B | 78 5-pillar Oct 5, 2026 | |
| $54.00 Oct 5, 2026 | $381B | 77 5-pillar Oct 5, 2026 | |
| $105.67 Oct 5, 2026 | $21.8B | 73 5-pillar Oct 5, 2026 | |
| $89.05 Oct 5, 2026 | $153B | 70 5-pillar Oct 5, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $198.00 – $245.00
- Consensus target
- $222.62
- Median target
- $228.00
Consensus record · Captured .
Measured against a quoted price of $212.02 (as of Oct 5, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 24, 2026
- Transactions
- 60
- Identified insiders
- 20
- Purchases
- 0
- Sales
- 10
- Other transactions
- 50
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 87.8% Period end Jun 30, 2026
- Previous quarter · ownership
- 87.2% Prior to period end Jun 30, 2026
- Reporting holders
- 1,880 Period end Jun 30, 2026
- Previous quarter · holders
- 1,824 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 48,048,848 |
| Vanguard Capital Management LLC | 38,148,192 |
| Capital Research Global Investors | 26,549,107 |
| State Street Corp | 26,526,959 |
| Geode Capital Management, LLC | 17,009,978 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about The Progressive (PGR)?
The Progressive Financial Services Stock: Key Questions Answered
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
Why do Progressive Personal Lines matter more than Commercial Lines?
Personal Lines accounts for the dominant share of disclosed segment revenue, so changes in personal auto and recreational vehicle policies carry much more weight in consolidated growth than the commercial book.
How do Progressive independent agencies and direct channels fit together?
Progressive distributes coverage through independent agents while also selling directly through digital and telephone channels. That structure lets the same insurer serve customers who prefer advice-led shopping and those who want to purchase without an intermediary.
Why can Progressive cash look small beside its investment portfolio?
Most reported cash and investments are held in long-term investments rather than cash and short-term instruments. The narrow cash figure therefore does not represent the full pool of financial assets available against debt and insurance liabilities.
What could make Progressive profit lag policy growth?
Claims costs rising faster than pricing would weaken operating economics even while policy revenue expands. The effect would be most important in Personal Lines because that segment dominates disclosed revenue.
What is the PGR stock price today?
The last price recorded on this page for The Progressive Corporation (PGR) is $212.02, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the PGR price target?
The analyst consensus price target for The Progressive Corporation (PGR) is $222.62 (range $198.00 to $245.00, median $228.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are PGR's next earnings?
The next earnings date listed on this page for The Progressive Corporation (PGR) is Oct 14, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (75 figures)
The 75 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
id.hq | SEC filing business address | Mayfield Village, OH | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "300 North Commons Blvd., Mayfield Village, OH, 44143, US". |
FMP — 64 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $212.02 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T19:34:45.258Z. | |
px.change | Change on the day | +0.81% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $123B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T19:34:39.000Z. Captured from FMP at 2026-10-05T19:34:42.804Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$1.71 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $23.62B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 10.53 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 1.69M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.26 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Susan Patricia Griffith | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 70,053 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $47.68B, net result $3.35B; FY2022 revenue $49.59B, net result $722.00M; FY2023 revenue $62.08B, net result $3.90B; FY2024 revenue $75.34B, net result $8.48B; FY2025 revenue $87.64B, net result $11.31B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Personal Lines Segment $71.84B · Commercial Lines Segment $11.02B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 26.9% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $23.62B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $4.21B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $22.18B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | $3.57B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $22.74B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $3.68B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $22.51B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $3.32B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-07-15.revenue_actual | Revenue · reported — report date 2026-07-15 | $21.08B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-15.revenue_estimated | Revenue · estimate — report date 2026-07-15 | $19.49B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-15.eps_actual | EPS · reported — report date 2026-07-15 | $4.8500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-15.eps_estimated | EPS · estimate — report date 2026-07-15 | $4.6400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-15.revenue_actual | Revenue · reported — report date 2026-04-15 | $23.64B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-15.revenue_estimated | Revenue · estimate — report date 2026-04-15 | $22.98B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-15.eps_actual | EPS · reported — report date 2026-04-15 | $4.8100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-15.eps_estimated | EPS · estimate — report date 2026-04-15 | $4.8500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.revenue_actual | Revenue · reported — report date 2026-01-28 | $19.51B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.revenue_estimated | Revenue · estimate — report date 2026-01-28 | $20.30B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.eps_actual | EPS · reported — report date 2026-01-28 | $4.6700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-28.eps_estimated | EPS · estimate — report date 2026-01-28 | $4.4400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-15.revenue_actual | Revenue · reported — report date 2025-10-15 | $21.38B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-15.revenue_estimated | Revenue · estimate — report date 2025-10-15 | $21.80B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-15.eps_actual | EPS · reported — report date 2025-10-15 | $4.0500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-15.eps_estimated | EPS · estimate — report date 2025-10-15 | $4.9900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $94.76B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $3.61B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $4.91B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $8.39B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 24.98× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | $3.61B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | $4.37B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$138.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$63.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | $3.17B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$121.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $5.20B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$66.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $198.00 – $245.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $222.62 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $228.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 60 transactions · 0 purchases, 10 sales, 50 other transactions · 20 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 24, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 87.8% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 87.2% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 1,880 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 1,824 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 48,048,848 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 38,148,192 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Capital Research Global Investors — shares in provider snapshot | 26,549,107 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | State Street Corp — shares in provider snapshot | 26,526,959 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Geode Capital Management, LLC — shares in provider snapshot | 17,009,978 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 14, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-07-18 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 4 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-02 · Expired observation | |
px.range52 | 52-week range | $189.20 – $245.64 | UNRECORDED | Stored company-profile observation — Captured 2026-10-05 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 1.30× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $94.76B at Aug 31, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-08-31. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $13.90 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 6.61% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-07-15.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($21.08B) with the recorded estimate ($19.49B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-07-15.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($4.8500) with the recorded estimate ($4.6400) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 94 of 100 · Exceptional · pillars 97 / 69 / 87 / 92 / 27 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 92 (stored snapshot Oct 4, 2026) → 94 (current publication computed Oct 5, 2026) (+2) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-07-15. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-07-15.revenue_actual,earn.history.depth.2026-07-15.revenue_estimated,earn.history.depth.2026-07-15.revenue_actual.comparison,earn.history.depth.2026-07-15.eps_actual.comparison,earn.history.depth.2026-07-15.eps_actual,earn.history.depth.2026-07-15.eps_estimated,earn.history.depth.2026-04-15.revenue_actual,earn.history.depth.2026-04-15.revenue_estimated,earn.history.depth.2026-04-15.eps_actual,earn.history.depth.2026-04-15.eps_estimated,earn.history.depth.2026-01-28.revenue_actual,earn.history.depth.2026-01-28.revenue_estimated,earn.history.depth.2026-01-28.eps_actual,earn.history.depth.2026-01-28.eps_estimated,earn.history.depth.2025-10-15.revenue_actual,earn.history.depth.2025-10-15.revenue_estimated,earn.history.depth.2025-10-15.eps_actual,earn.history.depth.2025-10-15.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Personal Lines Segment: $71.84B; Commercial Lines Segment: $11.02B | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Sector / industry (provider taxonomy) | Financial Services / Insurance - Property & Casualty The company's SEC filings classify it under SIC 6331 — Fire, Marine & Casualty Insurance. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-15 | FMP | Financial Modeling Prep (FMP) earnings |
| Most recent periodic reports | 2026-08-03 | OFFICIAL | SEC EDGAR filer submissions | |
| Trailing twelve-month ratio set | Quick ratio: 0.24; Current ratio: 0.24; Debt to equity: 0.24; Net margin: 12.8%; Gross margin: 26.9%; Operating margin: 16.2%; Return on assets: 9.4%; Return on equity: 35.4% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Cash, investments and debt | Total debt: $8.39B; Liquidity basis: cash and short-term investments; Total liabilities: $90.59B; Cash and short-term investments: $2.16B; Cash and investments: $97.40B; Long-term investments: $95.24B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $97.40B; Cash and short-term investments: $2.16B; Long-term investments: $95.24B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-05-31 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-05-31; Cash basis: cash and short-term investments; Net cash: -$6.23B; Total debt: $8.39B; Cash and investments: $2.16B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-05-31 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Next earnings report | Date: 2026-10-21; EPS estimate: $4 per share; Revenue estimate: $22.28B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.
ETFs that hold PGR
Funds in our ETF coverage that list PGR among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| Inspire 100 ETF (BIBL) | 3.24% | |
| Harbor Disruptive Innovation ETF (INNO) | 2.82% | |
| PRMR ETF | 2.07% |