Progressive PGR
NYSE PGR
$206.92 -5.32 (-2.51%)
At close: Sep 22, 2026 · 4:00 PM EDT

Progressive (PGR) EBIT Margin (2009 - 2026)

Progressive's (PGR) quarterly EBIT Margin came in at 43.89% in Q2 2026, down 16.0% year-over-year from 52.26% in Q2 2025, and up 5.08% quarter-over-quarter from 46.25% in Q1 2026.

Analysis

Progressive (PGR) EBIT Margin (2009 - 2026) Analysis & Trends

Progressive (PGR) has reported EBIT Margin for 18 consecutive years, with 43.89% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT Margin fell 16.0% year-over-year to 43.89% in Q2 2026; TTM through Jun 2026 was 45.21%, a 183.0% increase from a year earlier, with the FY2025 full-year figure at 45.32%, up 555.0% from the prior year.
  • EBIT Margin was 43.89% for Q2 2026 at Progressive, up from 46.25% in the prior quarter.
  • Over five years, EBIT Margin peaked at 10.16% in Q4 2022 and troughed at 76.43% in Q2 2023.
  • A 5-year average of 35.92% and a median of 46.03% in 2026 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin plunged 7322 bps in 2023 and jumped 1723 bps in 2024, its largest moves.
  • Over 5 years, EBIT Margin stood at 10.16% in 2022, then sank by 623 bps to 53.1% in 2023, then advanced by 7 bps to 49.4% in 2024, then gained by 7 bps to 45.82% in 2025, then climbed by 4 bps to 43.89% in 2026.
  • The last three EBIT Margin figures came in at 43.89% (Q2 2026), 46.25% (Q1 2026), and 45.82% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Berkshire Hathaway 1,085.11 Bn 760.40 Bn 55.86 Bn -29.67%
2 Chubb 129.51 Bn 121.21 Bn 9.13 Bn 11.13%
3 Progressive 120.30 Bn 115.30 Bn 9.04 Bn -43.89%
4 Marsh & Mclennan Companies 81.24 Bn 69.29 Bn 6.04 Bn 25.65%
5 Travelers Companies 75.54 Bn 51.79 Bn 6.23 Bn 8.80%
6 Manulife Financial 75.22 Bn 76.43 Bn - 51.31%
7 Metlife 61.21 Bn 34.19 Bn 7.82 Bn 34.99%
8 Aon 60.67 Bn 59.43 Bn - 21.55%
9 Arthur J. Gallagher 59.09 Bn 57.73 Bn - 14.54%
10 Allstate 58.28 Bn 19.52 Bn 16.28 Bn 5.43%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -43.89%
Mar 31, 2026 -46.25%
Dec 31, 2025 -45.82%
Sep 30, 2025 -44.96%
Jun 30, 2025 -43.73%
Mar 31, 2025 -46.88%
Dec 31, 2024 -49.40%
Sep 30, 2024 -48.50%
Jun 30, 2024 -59.20%
Mar 31, 2024 -46.58%
Dec 31, 2023 -53.10%
Sep 30, 2023 -64.12%
Jun 30, 2023 -76.43%
Mar 31, 2023 6.26%
Dec 31, 2022 10.16%
Sep 30, 2022 3.42%
Jun 30, 2022 -3.21%
Mar 31, 2022 5.63%
Dec 31, 2021 11.88%
Sep 30, 2021 3.34%
API Access

Progressive EBIT Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebit-margin&ticker=PGR&period=max&api_key=YOUR_API_KEY