Progressive (PGR) EBT Margin (2009 - 2026)
Progressive (PGR) reported EBT Margin of 16.07% for Q1 2026, up 22.0% year-over-year from 13.17% in Q1 2025, and down 0.71% quarter-over-quarter from 16.19% in Q4 2025.
Progressive (PGR) EBT Margin (2009 - 2026) Analysis & Trends
Progressive (PGR) has 18 years of EBT Margin data on file, last reported at 16.07% in Q1 2026.
- EBT Margin for Q1 2026 came in at 16.07%, up 22.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.9% (up 272.0% YoY), and the FY2025 annual result was 16.22%, up 201.0% from the prior year.
- EBT Margin declined to 16.07% in Q1 2026 per PGR's latest filing, from 16.19% in the prior quarter.
- Over five years, EBT Margin peaked at 19.61% in Q2 2025 and troughed at 5.52% in Q2 2022.
- A 5-year average of 10.77% and a median of 14.63% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin tumbled 1391 bps in 2022, then surged 1433 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 7.61% in 2022, then surged by 145 bps to 18.62% in 2023, then slipped by 21 bps to 14.63% in 2024, then climbed by 11 bps to 16.19% in 2025, then slipped by 1 bps to 16.07% in 2026.
- Business Quant data shows PGR's EBT Margin at 16.07% in Q1 2026, 16.19% in Q4 2025, and 15.94% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 20.26% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 16.07% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 17.77% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 18.35% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 16.69% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.52% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.60% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 53.96% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 12.06% |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 9.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | 16.19% |
| Sep 30, 2025 | 15.94% |
| Jun 30, 2025 | 19.61% |
| Mar 31, 2025 | 15.86% |
| Dec 31, 2024 | 14.63% |
| Sep 30, 2024 | 14.94% |
| Jun 30, 2024 | 10.81% |
| Mar 31, 2024 | 18.21% |
| Dec 31, 2023 | 18.62% |
| Sep 30, 2023 | 9.06% |
| Jun 30, 2023 | 2.84% |
| Mar 31, 2023 | 3.88% |
| Dec 31, 2022 | 7.61% |
| Sep 30, 2022 | 1.12% |
| Jun 30, 2022 | -5.52% |
| Mar 31, 2022 | 3.30% |
| Dec 31, 2021 | 9.64% |
| Sep 30, 2021 | 1.17% |
| Jun 30, 2021 | 8.39% |