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Progressive PGR Shares (Basic)

Shares (Basic) at other companies

The Travelers Companies logo
The Travelers CompaniesTRV
215.2M-5.2%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
27.7M-1.6%
Allstate logo
AllstateALL
259.4M-2.2%
Erie Indemnity Company logo
Erie Indemnity CompanyERIE
46.2M0.0%
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
35.2M-2.2%
Berkshire Hathaway logo
Berkshire HathawayBRK.A

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$127.18B-11.8%
Enterprise value$135.41B-10.4%
P/E11×-2.8×
P/S1.4×-0.3×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfSharesOutstandingBasic.

The official record: Progressive’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progressive's shares (basic)?
Progressive (PGR) reported shares (basic) of 585.6M in Q1 2026.
How has Progressive's shares (basic) changed year-over-year?
Progressive's shares (basic) decreased by 0.1% year-over-year, from 586M to 585.6M.
What is the long-term trend for Progressive's shares (basic)?
Over 4 years (2021 to 2025), Progressive's shares (basic) has grown at a 0.1% compound annual growth rate (CAGR), from 2.3B to 2.3B.
What does shares (basic) mean?
The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.