The Progressive Corporation (PGR) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for The Progressive Corporation, with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 11.81x | 16.54x | 23.87x | 104.99x | 17.91x | 10.14x |
| P/B Ratio | 4.40x | 5.48x | 4.59x | 4.77x | 3.29x | 3.39x |
| P/S Ratio | 1.52x | 1.86x | 1.50x | 1.53x | 1.26x | 1.36x |
| Profitability | ||||||
| Gross Margin | 29.5% | 27.7% | 18.9% | 15.2% | 21.7% | 33.4% |
| Operating Margin | 16.2% | 14.2% | 7.9% | 1.9% | 8.8% | 16.8% |
| Net Margin | 12.9% | 11.3% | 6.3% | 1.5% | 7.0% | 13.4% |
| EBITDA Margin | 16.9% | 15.0% | 8.8% | 3.0% | 10.0% | 18.1% |
| Liquidity | ||||||
| Current Ratio | 0.59x | 0.00x | 0.00x | 11.98x | 9.86x | 11.03x |
| Quick Ratio | 0.59x | 0.00x | 0.00x | 11.98x | 9.86x | 11.03x |
| Leverage | ||||||
| Debt/Equity | 0.23x | 0.27x | 0.34x | 0.40x | 0.27x | 0.32x |
YoY = year-over-year change. Source: FMP..