Progressive Corporation (PGR) is trading up at $213.75 (+0.14%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on PGR
Current price targets from 3 firms average $212, median $210, ranging from $196 to $230 — the average is 1% below the current $214. Each is tracked to its date and scored the same way a member's call is.
- Wells Fargo $213 → $196 by Oct 2027 Oct 15, 2026 via Investing.com · Wells Fargo's track record
- Goldman Sachs $217 → $230 by Aug 2027 Aug 19, 2026 via Investing.com · Goldman Sachs's track record
- Morgan Stanley $214 → $210 by Jul 2027 Jul 24, 2026 via Investing.com · Morgan Stanley's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Progressive Corporation revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $23.4B | $26.8B | $32.0B | $39.0B | $42.7B | $47.7B | $49.6B | $62.1B | $75.4B | $87.7B |
| Growth (year over year) | +12.4% | +14.5% | +19.2% | +22.0% | +9.3% | +11.8% | +4.0% | +25.2% | +21.4% | +16.3% |
| Net income | $1.03B | $1.59B | $2.62B | $3.97B | $5.70B | $3.35B | $722.0M | $3.90B | $8.48B | $11.3B |
| Net margin | 4.4% | 5.9% | 8.2% | 10.2% | 13.4% | 7.0% | 1.5% | 6.3% | 11.3% | 12.9% |
| EPS (diluted) | $1.76 | $2.72 | $4.42 | $6.72 | $9.66 | $5.66 | $1.18 | $6.58 | $14.40 | $19.23 |
| Balance sheet | ||||||||||
| Cash and equivalents | $226.4M | $275.3M | $75.0M | $227.4M | $76.5M | $202.0M | $221.0M | $100.0M | $154.0M | $138.0M |
| Total assets | $33.4B | $38.7B | $46.6B | $54.9B | $64.1B | $71.1B | $75.5B | $88.7B | $105.7B | $123.0B |
| Total liabilities | $25.0B | $28.9B | $35.5B | $41.0B | $47.1B | $52.9B | $59.6B | $68.4B | $80.2B | $92.7B |
| Shareholders' equity | $7.96B | $9.28B | $10.8B | $13.7B | $17.0B | $18.2B | $15.9B | $20.3B | $25.6B | $30.3B |
| Cash flow | ||||||||||
| Operating cash flow | $2.73B | $3.76B | $6.28B | $6.26B | $6.91B | $7.76B | $6.85B | $10.6B | $15.1B | $17.5B |
| Capital expenditure | $215.0M | $155.7M | $266.0M | $363.5M | $223.5M | $243.5M | $292.0M | $252.0M | $285.0M | $348.0M |
| Free cash flow | $2.52B | $3.60B | $6.02B | $5.90B | $6.68B | $7.52B | $6.56B | $10.4B | $14.8B | $17.2B |
| Dividends paid | $519.0M | $395.4M | $654.9M | $1.64B | $1.55B | $3.75B | $234.0M | $234.0M | $674.0M | $2.87B |
| Share buybacks | $192.5M | — | — | — | — | — | — | — | — | — |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $19.7B | $20.3B | $20.4B | $22.0B | $22.5B | $22.7B | $22.2B | $23.6B |
| Growth (year over year) | +26.7% | +20.0% | +18.4% | +21.3% | +14.2% | +12.2% | +8.7% | +7.3% |
| Net income | $2.33B | $2.36B | $2.57B | $3.17B | $2.62B | $2.95B | $2.82B | $3.31B |
| Net margin | 11.8% | 11.6% | 12.6% | 14.4% | 11.6% | 13.0% | 12.7% | 14.0% |
| EPS (diluted) | $3.97 | $4.01 | $4.37 | $5.40 | $4.45 | $5.01 | $4.80 | $5.67 |
| Balance sheet | ||||||||
| Cash and equivalents | $147.0M | $154.0M | $207.0M | $135.0M | $185.0M | $138.0M | $179.0M | $193.0M |
| Total assets | $105.2B | $105.7B | $111.4B | $115.5B | $121.5B | $123.0B | $122.2B | $124.9B |
| Total liabilities | $78.0B | $80.2B | $82.5B | $82.9B | $86.1B | $92.7B | $90.2B | $90.6B |
| Shareholders' equity | $27.2B | $25.6B | $29.0B | $32.6B | $35.4B | $30.3B | $32.0B | $34.3B |
| Cash flow | ||||||||
| Operating cash flow | $4.61B | $3.01B | $5.14B | $4.04B | $5.20B | $3.17B | $4.37B | $3.61B |
| Capital expenditure | $57.0M | $110.0M | $59.0M | $102.0M | $66.0M | $121.0M | $63.0M | $138.0M |
| Free cash flow | $4.55B | $2.90B | $5.08B | $3.94B | $5.13B | $3.05B | $4.30B | $3.47B |
| Dividends paid | $58.0M | $59.0M | $2.69B | $59.0M | $58.0M | $59.0M | $7.97B | $58.0M |
From Progressive Corporation's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Progressive Corporation
The Progressive Corporation is an American insurance company headquartered in Mayfield, Ohio. It was co-founded in 1937 by Jack Green and Joseph M. Lewis. The company insures passenger vehicles, motorcycles, recreational vehicles (RVs), trailers, boats, personal water craft (PWC), and commercial vehicles. Progressive also provides home, life, pet, and other types of insurance through select companies.
Source: Wikipedia — Progressive Corporation
- Headquarters
- Mayfield Village, Ohio From SEC filings, Oct 2026
Recent News (10)
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Progressive Reports September 2026 Results MAYFIELD VILLAGE, OHIO, Oct. 14, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended September 30, 2026:
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Analysts Offer Insights on Financial Companies: Mastercard (MA) and Progressive (PGR) Analysts Offer Insights on Financial Companies: Mastercard (MA) and Progressive (PGR) The Globe and Mail
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Analysts Offer Insights on Financial Companies: Mastercard (MA) and Progressive (PGR) Analysts Offer Insights on Financial Companies: Mastercard (MA) and Progressive (PGR) The Globe and Mail
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Progressive Reports July 2026 Results MAYFIELD VILLAGE, OHIO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended July 31, 2026:
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Progressive (PGR) Is Winning Market Share. Can It Keep Growing? Progressive (PGR) Is Winning Market Share. Can It Keep Growing?
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Progressive (NYSE: PGR) grants shares to CRM president, with tax-share withholding Progressive (NYSE: PGR) grants shares to CRM president, with tax-share withholding Stock Titan
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The Progressive Corporation’s (PGR) EPS Growth Not Reflected in Share Price The Progressive Corporation’s (PGR) EPS Growth Not Reflected in Share Price
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