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Progressive PGR Price / book

Price / book at other companies

Cincinnati Financial logo
Cincinnati FinancialCINF
1.7×+0.1×
The Travelers Companies logo
The Travelers CompaniesTRV
2.1×+0.1×
Selective Insurance Group logo
Selective Insurance GroupSIGI
1.6×0.0×
Kemper logo
KemperKMPR
0.7×-11.0×
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
1.9×-0.2×
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
1.8×+0.1×

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$3.3B+4.3%
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$34.3B+5.3%
Total assets$124.93B+8.2%

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$122.92B-13.2%
P/E10.5×-3.1×

Profitability

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Net margin12.9%+1.8pp
FCF margin18.4%-1.7pp

Returns & leverage

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Return on equity34.9%-2.4pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Progressive’s reported figures.

Based on the most recent quarter.

The source filing: Progressive’s 8-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 9:50 AM EDT
Accession
0000080661-26-000262

FAQ

What is Progressive's price / book?
Progressive (PGR) reported price / book of 3.7× in Q2 2026.
How has Progressive's price / book changed year-over-year?
Progressive's price / book decreased by 22.5% year-over-year, from 4.8× to 3.7×.
What is the long-term trend for Progressive's price / book?
Over 5 years (2020 to 2025), Progressive's price / book has grown at a 5.4% compound annual growth rate (CAGR), from 3.4× to 4.4×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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