Progressive (PGR) EBT Margin (2009 - 2026)
Progressive (PGR) posted quarterly EBT Margin of 17.83% for Q2 2026, down 27.0% year-over-year from 24.42% in Q2 2025, and up 10.93% on a QoQ basis from 16.07% in Q1 2026.
Progressive (PGR) EBT Margin (2009 - 2026) Analysis & Trends
Progressive has reported EBT Margin for 18 years, with the latest figure at 17.83% in Q2 2026.
- EBT Margin for Q2 2026 came in at 17.83%, down 27.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 16.23% (up 30.0% YoY), and the FY2025 annual result was 16.22%, up 201.0% from the prior year.
- EBT Margin climbed to 17.83% in Q2 2026, from 16.07% in the prior quarter.
- Over five years, EBT Margin peaked at 18.1% in Q2 2025 and troughed at 5.52% in Q2 2022.
- A 5-year average of 10.71% and a median of 14.7% in 2024 frame the typical range for EBT Margin.
- The widest annual swing landed in 2022, when EBT Margin tumbled 1391 bps; it then jumped 1317 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 7.61% in 2022, then jumped by 95 bps to 14.82% in 2023, then dropped by 1 bps to 14.63% in 2024, then grew by 11 bps to 16.19% in 2025, then grew by 10 bps to 17.83% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 17.83% in Q2 2026, 16.07% in Q1 2026, and 16.19% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 22.91% |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 17.83% |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 25.73% |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 22.27% |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 36.87% |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 12.93% |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 37.78% |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 10.91% |
| 10 | Cna Financial | 13.81 Bn | 6.02 Bn | 3.44 Bn | 10.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.83% |
| Mar 31, 2026 | 17.01% |
| Dec 31, 2025 | 22.00% |
| Sep 30, 2025 | 15.94% |
| Jun 30, 2025 | 19.61% |
| Mar 31, 2025 | 16.67% |
| Dec 31, 2024 | 12.51% |
| Sep 30, 2024 | 16.10% |
| Jun 30, 2024 | 10.26% |
| Mar 31, 2024 | 17.05% |
| 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% |