PROGRESSIVE CORP/OH/
Company Stats
- Market Cap
- $120.5B
- as of Sep 30, 2026
- Shares Outstanding
- 579.4M
- Free Float
- 100.0%
Income Statement
- Revenue
- $87.7B
- Net Income
- $11.3B
- Revenue Growth, 3Y
- 20.9%
- FCF Margin, 3Y Avg
- 18.7%
- FCF Margin, Worst Year
- 16.7%
Cash Flow
- Free Cash Flow
- $17.2B
- FCF Yield
- 14.3%
- Owner FCF Yield
- 14.2%
Balance Sheet
- Total Debt
- $6.9B
Returns & Capital
- Dividends Paid
- $2.9B
- Dividend Yield
- 2.4%
- Dividend Payout, 3Y Avg
- 13.1%
- SBC, 3Y Avg
- $125.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $87.7B | $17.2B | 19.6% |
| FY2024 | $75.4B | $14.8B | 19.7% |
| FY2023 | $62.1B | $10.4B | 16.7% |
| FY2022 | $49.6B | $6.6B | 13.2% |
| FY2021 | $47.7B | $7.5B | 15.8% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back