About The Progressive Corporation (PGR)
The Progressive Corporation is a Insurance - Property & Casualty company operating in the Financial Services sector. The company is headquartered in Mayfield, United States. PGR has been publicly traded since 1980, giving it 46+ years of trading history.
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.
PGR trades on the US stock exchanges (NYSE/NASDAQ) and is classified as a large-cap-cap stock with a market capitalization of approximately $120 billion. The company employs approximately 70,053 people worldwide.
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
PGR Investment Performance
PGR has declined 4.2% year-to-date in 2026. Over the past 5 years, a $1,000 investment in PGR would have grown to $2,546, representing a 154.6% total return. Since its IPO in 1980, a $1,000 investment would now be worth $7,704,170.
$1,000 Invested in The Progressive Corporation (PGR)
How much would $1,000 invested in PGR be worth today?
What would $1,000 invested in PGR 1 year ago be worth today?
A $1,000 investment in The Progressive Corporation (PGR) in 2025 would be worth $782 as of May 2026, representing a -21.8% total return.
What would $1,000 invested in PGR 3 years ago be worth today?
A $1,000 investment in The Progressive Corporation (PGR) in 2023 would be worth $1,581 as of May 2026, representing a +58.1% total return.
What would $1,000 invested in PGR 5 years ago be worth today?
A $1,000 investment in The Progressive Corporation (PGR) in 2021 would be worth $2,546 as of May 2026, representing a +154.6% total return.
What would $1,000 invested in PGR 10 years ago be worth today?
A $1,000 investment in The Progressive Corporation (PGR) in 2016 would be worth $8,117 as of May 2026, representing a +711.7% total return.
What would $1,000 invested in PGR at IPO be worth today?
A $1,000 investment in The Progressive Corporation (PGR) at IPO would be worth $7,704,170 as of May 2026, representing a +770317.0% total return.
Monthly Returns Heatmap
Over the past 46+ years (552 months), The Progressive Corporation (PGR) has averaged a monthly return of +1.99% with a median return of +1.69%. The stock had 321 positive months (58%) and 227 negative months (41%). The best month in PGR's history was May 2000 with a +43.5% return, while the worst was January 1999 at -26.2%. Historically, April tends to be the strongest month (averaging +4.0%), and January the weakest (-1.4%).
PGR's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 1985 with a cumulative return of +74.1%, and the worst was 1999 at -71.2%.
Annual Returns
Over 46 years of trading history, The Progressive Corporation (PGR) has delivered an average annual return of +24.08% with a median return of +22.31%. The compound annual growth rate (CAGR) is +19.82%. The stock posted gains in 35 years (76%) and losses in 11 years (24%).
PGR's best year was 1985 with a +101.09% gain, while the worst was 1999 at -56.72%. The longest streak of consecutive positive years was 16, and the longest losing streak was 3 years. PGR achieved double-digit gains (10%+) in 30 years. It suffered double-digit losses in 6 years.
| 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 |
PGR Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating The Progressive Corporation as an investment
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: PGR
What sector is PGR in? ▼
PGR operates in the Financial Services sector, specifically in the Insurance - Property & Casualty industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has PGR performed historically? ▼
Over 46 years of trading history, PGR has posted gains in 35 years (76% of the time). The best year was 1985 with a +101.1% return. Past performance does not guarantee future results.
How can I invest in PGR? ▼
You can invest in PGR through any brokerage account that offers access to US stock exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold PGR.
Does PGR pay 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.
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