PGR · Progressive Corp
Price
Snapshot
50 fields · last close| Market Cap | $127.0B |
| P/E | 10.86 |
| Float | 579.7M |
| Beta | 0.22 |
| Volatility | 5.6% |
| Exchange | NYSE |
| Sector | Insurance |
| Cap tier | Large cap |
| Macro sensitivity | Low |
| Clavix score | 79.7 |
| Price | 217.30 |
| Change | −0.54% |
| Prev Close | 218.49 |
| Open | 213.99 |
| Day Low | 213.76 |
| Day High | 218.72 |
| Avg Vol | 3 |
| Avg $ Vol | $669.4M |
| 52W High | 239.38 |
| 52W Low | 189.20 |
| 52W Pos | 56.0% |
| From High | −9.22% |
| From Low | +14.85% |
| Max DD 1Y | −19.44% |
| Spread | 0.10% |
| Liquidity | Deep |
| SMA 20 | +2.44% |
| SMA 50 | +1.18% |
| SMA 200 | +4.17% |
| RSI (14) | 55.1 |
| Vol 30D | 25.2% |
| Vol 90D | 31.9% |
| 1Y Range | 189–239 |
| Daily bars | 536 |
| Perf Week | +0.49% |
| Perf Month | +1.02% |
| Perf Quarter | +2.95% |
| Perf Half Y | +7.85% |
| Perf Year | −3.54% |
| Perf YTD | +2.44% |
| Prev Day | −0.54% |
| Clavix | B+ |
| Debt / Eq | 0.09 |
| Curr Ratio | 0.09 |
| Int Cover | 50.8× |
| FCF Margin | 19.6% |
| Rev Growth | +16.3% |
| Profit | Profitable |
| Leverage | Low |
| Sector rank | 23 / 31 |
What PGR does
The Progressive Corporation operates as an insurance company in the United States.
It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters.
The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers’ compensation insurance for the transportation industry.
In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities.
It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Clavix risk grade
regraded every trading dayPGR grades B+, 79.7 of 100. Steadiest on Macro Resilience (68), most exposed on News Sentiment (48, fragile). 2 of the 4 weighted dimensions sit above the Insurance median. Ranks 23 of 31 in Insurance by Clavix score.
How rough the ride is
| PGR | Insurance median | |
|---|---|---|
| Betavs the overall market · lower is steadier | 0.22 | 0.50 |
| Volatilityannualized | 5.6% | 12.5% |
| Max drawdown, past yearworst peak-to-trough fall | −19.4% | — |
| Typical daily movemedian absolute daily change | 0.97% | — |
| Days beyond ±3%of the last 252 sessions | 16 (6%) | — |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| PGR | Insurance median | |
|---|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 0.22 | 0.50 |
| Macro sensitivityrate, dollar and credit exposure bucket | Low | Low 74% of 31 |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Insurance names sit in each bucket.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| PGR | |
|---|---|
| 1 week | +0.5% |
| 1 month | +1.0% |
| Year to date | +2.4% |
| 1 year | −3.5% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| PGR | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30 since 19 Aug |
| Average score0 most bearish, 100 most bullish | 59 |
| Bullish · bearisharticles above 60 · below 40 | 15 · 6 |
| Directionarticles whose tone is improving vs worsening | 15 ↑ 6 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Balance sheet, against the sector
The shaded band is the middle half of the 31 Insurance names Clavix covers; the tick is the sector median.
Growth
| PGR | |
|---|---|
| Revenue growthyear over year | +16.3% |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the Insurance median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Recent news
most recent scored articles · the chip is the article’s score · click to openProgressive reported third-quarter 2026 results of $4.38 per share on $23.2 billion in revenue and about $2.5 billion in net income. The stock had fallen over the prior month and edged up roughly 1% to around $216 as investors read the numbers.
An analyst rates Progressive Corp. a 'Hold,' citing an improved Q3 2026 combined ratio of 88.7% alongside premium growth that slowed to 4% year-over-year, with September monthly growth falling to just 2%. The analyst views the stock's trailing P/E of 10.7x as fair but warns that a weaker forward earnings outlook may pressure that valuation.
Progressive's stock has grown more than ninefold over the past decade, turning $10,000 into over $90,000. The company recently became the largest auto insurer in the U.S. and has kept its combined ratio below its 96% target for the past ten years.
The Progressive's Q3 results were disappointing, featuring a 1% rise in premiums, a loss of 31,000 auto policies in a single month, and an underlying loss ratio (claims paid as a share of premiums collected) of 68.7, the highest in two years. The combined ratio (claims plus operating costs vs. premiums) was 88.7, or 91.1 without reserve releases (one-time boosts from releasing money the company had previously set aside for claims), and every segment stayed under the 96 target.
Progressive's stock rose 5.1% after its third-quarter earnings per share of $4.60 beat analyst forecasts, even though quarterly revenue of $23.36 billion came in slightly below expectations. For the first nine months of the year, the insurer reported $68.99 billion in revenue, $8.67 billion in net income, and $14.83 in diluted earnings per share from continuing operations, alongside a stronger combined ratio, higher premiums, and growth in policies in force.
Nearest peers by size
Insurance| Ticker | Company | Grade | Mkt cap | P/E | Beta | |
|---|---|---|---|---|---|---|
| CB | Chubb Limited | A- | $138.8B | 12.41 | 0.30 | Compare |
| MRSH | Marsh & McLennan Companies Inc | A- | $89.88B | 22.24 | 0.55 | Compare |
| TRV | Travelers Companies Inc | A- | $81.25B | 9.79 | 0.42 | Compare |
| AJG | Arthur J. Gallagher & Co. | B+ | $65.33B | 41.61 | 0.50 | Compare |
| MET | MetLife Inc | A- | $64.03B | 17.66 | 0.79 | Compare |
| ALL | Allstate Corp | A- | $62.68B | 4.71 | 0.14 | Compare |
| AON | Aon PLC | B+ | $62.06B | 15.86 | 0.64 | Compare |
| AFL | Aflac Inc | A | $60.15B | 12.37 | 0.57 | Compare |
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