Progressive (PGR) EBT Margin (2009 - 2026)
Progressive (PGR) posted quarterly EBT Margin of 16.07% for Q1 2026, up 22.0% YoY from 13.17% in Q1 2025, and down 0.71% sequentially from 16.19% in Q4 2025.
Progressive (PGR) EBT Margin (2009 - 2026) Analysis & Trends
Progressive has disclosed EBT Margin across 18 years of filings, most recently posting 16.07% for Q1 2026.
- In Q1 2026, EBT Margin rose 22.0% year-over-year to 16.07%; the TTM figure through Mar 2026 stood at 16.9% (up 272.0% YoY), while the FY2025 annual figure was 16.22%, up 201.0% from the prior year.
- EBT Margin retreated to 16.07% in Q1 2026, from 16.19% in the prior quarter.
- Over the last five years, EBT Margin for PGR reached as high as 19.61% in Q2 2025 and fell as low as 5.52% in Q2 2022.
- The 5-year median for EBT Margin is 14.63% (2024), against an average of 10.77%.
- Annual changes were most pronounced in 2022 — EBT Margin sank 1391 bps — and 2024, when it surged 1433 bps.
- 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.
- According to Business Quant data, EBT Margin over the past three periods registered 16.07%, 16.19%, and 15.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -7.60% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 16.07% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 20.26% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 12.52% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 17.77% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 18.35% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 53.96% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 9.14% |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 12.06% |
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% |