About The Progressive Corporation
The Progressive Corporation (PGR) has been publicly traded since 1980, making it a 46-year-old public company. It operates in the Insurance - Property & Casualty industry within the Financial Services sector. The company is headquartered in Mayfield, United States and employs approximately 70,053 people. With a market capitalization of $120 billion, PGR is a large established company.
Key Statistics
- Current Price
- $205.17
- Market Cap
- $120.21B
- 52-Week High
- $292.99
- 52-Week Low
- $197.92
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -4.18% | $214.12 | $205.17 |
| 2025 | -3.02% | $220.79 | $214.12 |
| 2024 | +51.39% | $145.84 | $220.79 |
| 2023 | +23.16% | $118.42 | $145.84 |
| 2022 | +26.81% | $93.38 | $118.42 |
| 2021 | +10.84% | $84.25 | $93.38 |
| 2020 | +41.48% | $59.55 | $84.25 |
| 2019 | +25.14% | $47.59 | $59.55 |
| 2018 | +9.39% | $43.50 | $47.59 |
| 2017 | +61.59% | $26.92 | $43.50 |
| 2016 | +14.90% | $23.43 | $26.92 |
| 2015 | +21.02% | $19.36 | $23.43 |
| 2014 | +5.31% | $18.38 | $19.36 |
| 2013 | +30.87% | $14.05 | $18.38 |
| 2012 | +15.44% | $12.17 | $14.05 |
| 2011 | +0.20% | $12.14 | $12.17 |
| 2010 | +17.16% | $10.37 | $12.14 |
| 2009 | +21.47% | $8.53 | $10.37 |
| 2008 | -22.09% | $10.95 | $8.53 |
| 2007 | -13.18% | $12.62 | $10.95 |
| 2006 | -16.86% | $15.17 | $12.62 |
| 2005 | +37.78% | $11.01 | $15.17 |
| 2004 | +1.63% | $10.84 | $11.01 |
| 2003 | +68.67% | $6.43 | $10.84 |
| 2002 | -0.10% | $6.43 | $6.43 |
| 2001 | +45.39% | $4.42 | $6.43 |
| 2000 | +42.22% | $3.11 | $4.42 |
| 1999 | -56.72% | $7.19 | $3.11 |
| 1998 | +41.57% | $5.08 | $7.19 |
| 1997 | +78.41% | $2.85 | $5.08 |
| 1996 | +38.45% | $2.06 | $2.85 |
| 1995 | +40.38% | $1.46 | $2.06 |
| 1994 | -13.06% | $1.68 | $1.46 |
| 1993 | +39.86% | $1.20 | $1.68 |
| 1992 | +63.39% | $0.74 | $1.20 |
| 1991 | +6.40% | $0.69 | $0.74 |
| 1990 | +34.58% | $0.51 | $0.69 |
| 1989 | +69.64% | $0.30 | $0.51 |
| 1988 | -23.50% | $0.40 | $0.30 |
| 1987 | -0.91% | $0.40 | $0.40 |
| 1986 | +50.81% | $0.27 | $0.40 |
| 1985 | +101.09% | $0.13 | $0.27 |
| 1984 | -6.12% | $0.14 | $0.13 |
| 1983 | +48.99% | $0.09 | $0.14 |
| 1982 | +13.85% | $0.08 | $0.09 |
| 1981 | +68.10% | $0.05 | $0.08 |
Valuation
PGR currently trades at a trailing P/E ratio of 10.7, which is considered low relative to the broader market. The forward P/E of 12.7 suggests analysts expect earnings to be higher in the coming year. The price-to-book ratio stands at 4.0. The price-to-sales ratio is 1.4.
Dividends
The Progressive Corporation pays a dividend to shareholders with a current yield of 6.77%. This translates to $13.90 per share annually. The payout ratio of 72% indicates moderate dividend coverage.
Risk & Volatility
PGR has a beta of 0.29, indicating it is less volatile than the overall market. The stock's 52-week range is $197.92 to $292.99, and it currently trades near its 52-week low.
Analyst Ratings
Based on 20 analyst opinions, PGR has a consensus "hold" rating. The average price target of $236.55 suggests 15.3% upside from current levels.
Frequently Asked Questions
What does The Progressive Corporation do? ▼
The Progressive Corporation is a Insurance - Property & Casualty company operating in the Financial Services sector. The company is headquartered in Mayfield, United States.
What sector is PGR in? ▼
PGR operates in the Financial Services sector, specifically in the Insurance - Property & Casualty industry.
When did PGR go public? ▼
The Progressive Corporation went public in 1980, making it a 46-year-old public company as of 2026.
How much would $1,000 invested in PGR 5 years ago be worth today? ▼
A $1,000 investment in PGR five years ago would be worth approximately $2,546 today, representing a 154.6% return.
Does PGR pay dividends? ▼
Yes, The Progressive Corporation pays a dividend with a current yield of 6.77%, which is $13.9 per share annually.
What is PGR's market cap? ▼
The Progressive Corporation has a market capitalization of $120 billion, classifying it as a large-cap company.
What is PGR's P/E ratio? ▼
PGR has a trailing P/E ratio of 10.7 and a forward P/E of 12.7, which measures how much investors are paying per dollar of earnings.
Is PGR a buy, hold, or sell? ▼
Based on 20 opinions, PGR has a consensus "hold" rating. The average price target is $236.55.
Last updated: 3/14/2026