Progressive (PGR) EBIT Margin (2009 - 2026)

Progressive (PGR) posted quarterly EBIT Margin of 46.25% for Q1 2026, up 64.0% YoY from 28.2% in Q1 2025, and down 116.7% sequentially from 276.93% in Q4 2025.

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

Progressive has disclosed EBIT Margin across 18 years of filings, most recently posting 46.25% for Q1 2026.

  • In Q1 2026, EBIT Margin rose 64.0% year-over-year to 46.25%; the TTM figure through Mar 2026 stood at 55.34% (up 14730.0% YoY), while the FY2025 annual figure was 38.41%, up 8929.0% from the prior year.
  • EBIT Margin retreated to 46.25% in Q1 2026, from 276.93% in the prior quarter.
  • Over the last five years, EBIT Margin for PGR reached as high as 276.93% in Q4 2025 and fell as low as 410.56% in Q4 2023.
  • The 5-year median for EBIT Margin is 46.25% (2026), against an average of 44.04%.
  • Annual changes were most pronounced in 2023 — EBIT Margin sank 41865 bps — and 2025, when it soared 55976 bps.
  • A 5-year view of EBIT Margin shows it stood at 8.08% in 2022, then plunged by 5179 bps to 410.56% in 2023, then soared by 31 bps to 282.83% in 2024, then soared by 198 bps to 276.93% in 2025, then slumped by 117 bps to 46.25% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 46.25%, 276.93%, and 56.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -7.70%
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn -46.25%
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 11.57%
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 12.21%
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 8.45%
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 5.54%
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 71.45%
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 10.48%
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 5.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 -46.25%
Dec 31, 2025 276.93%
Sep 30, 2025 -56.53%
Jun 30, 2025 32.97%
Mar 31, 2025 -46.88%
Dec 31, 2024 -282.83%
Sep 30, 2024 36.52%
Jun 30, 2024 -67.76%
Mar 31, 2024 -56.51%
Dec 31, 2023 -410.56%
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%
Jun 30, 2021 8.87%