Progressive Corp (PGR) FinancialsPGRProgressive Corp

The Progressive Corporation (PGR) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Personal Lines, accounting for 76.1% of total sales, equivalent to $13.81B. Other significant revenue streams include Commercial Lines and Property. Understanding this composition is critical for investors evaluating how PGR navigates market cycles within the Property & Casualty Insurance industry.

Evaluating the bottom line, The Progressive Corporation maintains a gross margin of 48.13%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at N/A, while the net margin is N/A. These profitability ratios, combined with a Return on Equity (ROE) of 33.24%, provide a clear picture of how effectively PGR converts its operational activities into shareholder value.

In the context of the broader market, PGR competes directly with industry leaders such as MET and ALL. With a market capitalization of $126.81B, it holds a leading position in the sector. When comparing efficiency, PGR's gross margin of 48.13% stands against MET's N/A and ALL's N/A. Such benchmarking helps identify whether The Progressive Corporation is trading at a premium or discount relative to its financial performance.

Progressive has demonstrated strong financial performance, with a consistent increase in total revenue, reaching $23.6 billion in Q2 2026, and net income of $3.3 billion in the same quarter. The company has a net margin of 14.03%, showcasing its profitability.