Progressive (PGR) EBIT Margin (2009 - 2026)
Progressive (PGR) reported EBIT Margin of 18.20% for Q2 2026, down 0.21 percentage points from 18.41% a year earlier but up 1.81 percentage points from the prior quarter.
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Analysis
Progressive (PGR) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's EBIT Margin came in at 16.56%, up 0.29 percentage points year-over-year; for FY2025, it was 16.54%, up 1.96 percentage points from FY2024.
- EBIT Margin has increased for three consecutive years, though with a five-year change of -0.78 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 14.58% in FY2024 (+6.26 pp), 8.33% in FY2023 (+5.98 pp), 2.35% in FY2022 (-6.93 pp) and 9.28% in FY2021 (-8.04 pp).
- Five-year quarterly EBIT Margin spans a low of -4.97% in Q2 2022 and a high of 18.41% in Q2 2025.
- Year over year, EBIT Margin gained in four of the last eight quarters, with an average year-over-year change of +1.66 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q1 2024 (a gain of 13.14 percentage points); the low point was Q3 2021 (a drop of 16.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.39% (Q1 2026), 16.49% (Q4 2025) and 15.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | 22.27% |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | - |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 17.70% |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | - |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | 11.89% |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 19.73% |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 22.79% |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | -53.77% |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | -20.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 4.32% |
| Dec 31, 2022 | 8.08% |
| Sep 30, 2022 | 1.61% |
| Jun 30, 2022 | -4.97% |
| Mar 31, 2022 | 3.75% |
| Dec 31, 2021 | 10.05% |
| Sep 30, 2021 | 1.63% |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();