PGR financials
The Progressive Corporation · end-of-day data as of Oct 16, 2026
The Progressive Corporation
$218.49+2.2%
Hold · 25 analystsPT $226.63 +3.7%
PGR reported revenue of $23.18B for the quarter ended Sep 30, 2026 (Q3 FY2026), up 3.0% from a year earlier. It posted diluted EPS of $4.37 and a net margin of 11.0%.
Valuation
- P/E11.0x
- P/E vs own+1.6%
- P/E vs sector-22.7%
- FCF yield—
- Market cap$127B
Quarterly results
Q3 FY2026: Revenue +3.0% year over year, operating margin 14.0%.
RevenueFree cash flow
| Q3 FY2026 | Sep 30, 2026 | $23.18B | 4.37 | — | 100.0% | 14.0% | 11.0% |
| Q2 FY2026 | Jun 30, 2026 | $23.62B | 5.67 | $3.47B | 25.2% | 17.8% | 14.0% |
| Q1 FY2026 | Mar 31, 2026 | $22.18B | 4.80 | $4.3B | 37.7% | 16.1% | 12.7% |
| Q4 FY2025 | Dec 31, 2025 | $22.74B | 5.02 | $3.05B | 29.3% | 16.2% | 13.0% |
| Q3 FY2025 | Sep 30, 2025 | $22.51B | 4.45 | $5.13B | 15.8% | 14.8% | 11.6% |
| Q2 FY2025 | Jun 30, 2025 | $22B | 5.40 | $3.94B | 31.3% | 18.1% | 14.4% |
| Q1 FY2025 | Mar 31, 2025 | $20.4B | 4.37 | $5.08B | 30.1% | 15.9% | 12.6% |
| Q4 FY2024 | Dec 31, 2024 | $20.27B | 4.01 | $2.9B | 28.8% | 14.6% | 11.6% |
| Q3 FY2024 | Sep 30, 2024 | $19.71B | 3.97 | $4.55B | 29.5% | 14.9% | 11.8% |
| Q2 FY2024 | Jun 30, 2024 | $18.13B | 2.48 | $3.2B | 23.3% | 10.3% | 8.0% |
| Q1 FY2024 | Mar 31, 2024 | $17.24B | 3.94 | $4.18B | 29.2% | 17.1% | 13.5% |
| Q4 FY2023 | Dec 31, 2023 | $16.88B | 3.37 | $2.36B | 24.8% | 14.8% | 11.8% |