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Progressive PGR EV / EBITDA

EV / EBITDA at other companies

Cincinnati Financial logo
Cincinnati FinancialCINF
7.2×-4.4×
The Travelers Companies logo
The Travelers CompaniesTRV
-3.5×
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
7.1×-2.2×
Allstate logo
AllstateALL
4.4×-4.4×
Berkshire Hathaway logo
Berkshire HathawayBRK.B
10.8×+3.1×
Chubb logo
ChubbCB
9.3×-2.4×

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 EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.