US stock · Financial Services sector · Insurance—Property & Casualty
Company Logo

The Progressive Corporation

PGRNYSE

110.99

USD
+0.57
(+0.52%)
Market Closed
30.23P/E
18Forward P/E
1.17P/E to S&P500
64.918BMarket CAP
1.72%Div Yield

The Progressive Corporation

NYSE:PGR

RECENT
PRICE

110.99

P/E
RATIO

30.23

(PEG:-0.74)

P/E RATIO
RELATIVE
TO S&P

1.17

DIV
YLD

1.89%

High:
Low:

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Legends

Stock price

- - Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 05/22:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

TTM

Fiscal year

19.10

2.13

2.18

0.03

20.67

1.66

2.33

1.98

19.22

(0.10)

2.17

0.15

21.84

1.59

2.13

- -

22.73

1.62

2.45

1.16

24.53

1.61

2.24

0.42

28.29

1.50

2.59

1.42

30.31

1.95

2.94

0.29

32.81

2.17

2.74

1.51

35.58

2.16

3.69

0.69

40.26

1.77

4.28

0.89

46.17

2.74

6.20

0.68

54.87

4.49

10.33

1.15

66.80

6.80

10.10

2.86

72.90

9.75

11.42

2.70

81.54

5.73

12.86

6.45

82.24

3.71

12.63

1.92

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

0.43

8.84

0.19

6.95

0.15

6.31

0.10

8.62

0.10

9.19

0.12

9.18

0.21

9.96

0.23

10.33

0.18

11.73

0.22

12.45

0.37

13.68

0.27

15.99

0.46

18.58

0.62

23.42

0.38

29.13

0.42

31.18

0.46

31.01

CAPEX per share

Book Value per share

774

710

668

667

658

632

603

599

591

586

582

581

582

584

585

585

585

Comm.Shares outs.(m)

11.9

0.7

0.1%

13.0

0.7

9.2%

(165.7)

(7.7)

0.8%

9.6

0.1

- -

12.0

0.6

6.0%

12.3

0.8

2.1%

14.1

0.9

6.7%

13.1

0.8

1.2%

11.5

0.6

6.1%

13.3

0.7

2.4%

18.4

0.8

2.7%

16.2

0.7

1.5%

13.8

0.6

1.8%

10.9

0.4

3.9%

8.6

0.2

3.2%

16.6

0.6

6.8%

30.2

1.2

1.9%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (31/3/22 | Q1)

Total liabilities
$56,878 m.

Total assets
$73,930 m.

Long-term debt
$6,386 m.

Cash and equiv.
$273 m.

Goodwill $453 m.

Retained earnings $15,570 m.

Common stock 584 m. shares

Market Capitalisation
$64,918 m. (as of 21/5/22)

15,508

- -

17,070

- -

18,156

- -

19,377

- -

20,832

- -

23,417

- -

26,816

- -

31,955

- -

38,998

- -

42,638

- -

47,677

6.9%

48,073

6.6%

Revenue (m)

Operating margin

89

1,016

94

902

101

1,165

97

1,281

151

1,268

200

1,031

236

1,592

262

2,615

306

3,970

332

5,705

337

3,351

346

2,185

Depreciation (m)

Net profit (m)

31.7%

6.5%

31.5%

5.3%

32.2%

6.4%

32.8%

6.6%

32.0%

6.1%

28.1%

4.4%

25.3%

5.9%

17.2%

8.2%

22.9%

10.2%

20.5%

13.4%

20.4%

7.0%

18.8%

4.5%

Income tax rate

Net profit margin

1,249

2,442

5,807

512

1,913

6,007

568

1,861

6,190

(10,899)

2,165

6,929

(13,438)

2,708

7,289

(14,029)

3,148

7,957

(17,578)

3,306

9,285

(22,986)

4,405

10,822

(27,283)

3,908

13,673

14,838

5,396

17,039

17,911

4,899

18,232

4,633

6,386

17,051

Working capital (m)

Long-term debt (m)

Equity (m)

13.4%

7.4%

17.5%

12.2%

6.4%

15.0%

15.5%

7.5%

18.8%

15.0%

7.8%

18.5%

13.7%

6.8%

17.4%

10.3%

4.7%

13.0%

13.6%

5.9%

17.1%

18.1%

7.1%

24.2%

22.8%

9.7%

29.0%

9.2%

11.5%

33.5%

5.0%

6.2%

18.4%

3.6%

4.0%

12.8%

ROIC

Return on capital

Return on equity

Working Capital

2019

2020

2021

Cash assets

35,135

34,986

35,096

Receivables

7,507

12,180

14,380

Inventory

- -

- -

- -

Other

(33,110)

(39,448)

(41,472)

Current assets

9,532

14,838

17,911

Acc. Payable

5,963

4,956

6,011

Debt due

499

- -

- -

Other

30,353

(4,956)

(6,011)

Current liab.

36,815

- -

- -

74.0%

88.9%

5.4%

65.7%

84.9%

25.5%

30.3%

72.0%

68.2%

28.3%

49.7%

28.6%

75.2%

12.7%

74.4%

12.4%

57.9%

29.9%

72.3%

25.3%

(12.6)%

53.2%

48.6%

17.5%

Plowback ratio

Div.&Repurch. to FCF

The Progressive Corporation (US) started trading on June 1, 1987 (cik: 0000080661), operates in the Financial Services sector (Insurance—Property & Casualty industry), has 49,077 full-time employees, and is led by Ms. Susan Griffith. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

15.59%

12.21%

Cash flow

22.73%

20.99%

Earnings

29.62%

21.37%

Dividends

88.13%

70.16%

Book value

18.63%

13.39%

Insider trading

Type

Shares

Date

Kelly Jeffrey D

Award

1,695

05/16/22

Craig Pamela J.

Award

1,859

05/16/22

Burgdoerfer Stuart B

Award

1,914

05/16/22

Van Dyke Kahina

Award

2,871

05/16/22

Tighe Jan E

Award

2,871

05/16/22

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2020

9,318

10,967

10,943

11,410

42,638

2021

11,440

11,899

11,853

12,485

47,677

2022

11,836

- -

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2020

1.18

3.06

2.62

2.88

9.74

2021

2.53

1.35

0.20

1.65

5.73

2022

0.54

- -

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2020

2.37

0.10

0.12

0.10

2.70

2021

4.63

0.10

0.12

1.60

6.45

2022

0.10

- -

- -

- -

- -