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Progressive PGR EBITDA margin

EBITDA margin at other companies

Cincinnati Financial logo
Cincinnati FinancialCINF
28.2%+10.2pp
The Travelers Companies logo
The Travelers CompaniesTRV
21.6%+8.0pp
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
19.6%+3.9pp
Allstate logo
AllstateALL
20.7%+10.3pp
Berkshire Hathaway logo
Berkshire HathawayBRK.B
28.9%-2.9pp
Chubb logo
ChubbCB
25.4%+4.9pp

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$2.8B+9.8%
EPS (diluted)$4.80+9.8%

Balance sheet

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Cash & equivalents$162.0M-16.9%
Total debt$8.4B+21.6%
Total equity$32.0B+10.7%
Total assets$122.21B+9.7%

Cash flow

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Operating cash flow$4.4B-15.1%
CapEx$63.0M+6.8%
Free cash flow$4.3B-15.3%

Valuation

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Market cap$119.01B-30.1%
Enterprise value$127.24B-28.1%
P/E10.3×-9.2×
P/S1.3×-0.8×

Profitability

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Net margin12.9%+1.8pp

Returns & leverage

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Return on equity37.9%+3.6pp
Debt / equity0.3×0.0×

Questions, answered.

What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.