Progressive (PGR) EBIT (2009 - 2026)
Progressive's EBIT was $4.3 billion in Q2 2026, up 6.1% from $4.05 billion a year earlier and up 18.2% from the prior quarter.
Progressive (PGR) EBIT (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progressive's EBIT was $15.08 billion through Jun 30, 2026, up 12.4% year-over-year; for FY2025, it was $14.5 billion, up 31.9% from FY2024.
- EBIT has now increased for three consecutive years, with a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- In earlier years, EBIT was $10.99 billion in FY2024 (+112.5%), $5.17 billion in FY2023 (+343.6%), $1.17 billion in FY2022 (-73.7%) and $4.43 billion in FY2021 (-40.1%).
- The Q2 2026 figure marks the highest quarterly EBIT in data going back to Q1 2009.
- Compared with a year earlier, EBIT has increased for 12 straight quarters, with growth averaging 36.7% over the last eight quarters.
- The best year-over-year quarter for EBIT over five years was Q3 2023 (growth of 619.8%); the worst was Q3 2021 (a decline of 90.2%).
- Per Business Quant data, PGR's EBIT in the three quarters before Q2 2026 was $3.64 billion (Q1 2026), $3.75 billion (Q4 2025) and $3.39 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn | 3.61 Bn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn | 3.32 Bn |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - | 1.22 Bn |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn | 2.49 Bn |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - | 683.00 Mn |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - | 809.00 Mn |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | 4.10 Bn |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn | 2.71 Bn |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn | -906.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.32 Bn |
| Jun 30, 2026 | 4.30 Bn |
| Mar 31, 2026 | 3.64 Bn |
| Dec 31, 2025 | 3.75 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 4.05 Bn |
| Mar 31, 2025 | 3.31 Bn |
| Dec 31, 2024 | 3.04 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 3.01 Bn |
| Dec 31, 2023 | 2.57 Bn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 501.40 Mn |
| Mar 31, 2023 | 617.70 Mn |
| Dec 31, 2022 | 1.09 Bn |
| Sep 30, 2022 | 205.60 Mn |
| Jun 30, 2022 | -572.90 Mn |
| Mar 31, 2022 | 444.50 Mn |
| Dec 31, 2021 | 1.26 Bn |
Progressive EBIT 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&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();