Progressive PGR
NYSE PGR
$221.38 +0.84 (+0.38%)
At close: Sep 2, 2026 · 4:00 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Chubb 131.15 Bn 117.38 Bn 9.13 Bn 22.91%
2 Progressive 128.80 Bn 123.80 Bn 9.04 Bn 17.83%
3 Travelers Companies 76.99 Bn 53.24 Bn 6.23 Bn 22.77%
4 Allstate 66.35 Bn 27.62 Bn 16.28 Bn 22.27%
5 Fairfax Financial Holdings 35.82 Bn 35.82 Bn - -
6 Cincinnati Financial 26.40 Bn 24.51 Bn 2.39 Bn 36.87%
7 Markel 22.75 Bn 5.86 Bn 2.83 Bn 37.78%
8 Loews 22.37 Bn 67.62 Mn 2.57 Bn 12.93%
9 Assurant 14.04 Bn 12.01 Bn 2.71 Bn 10.91%
10 Cna Financial 13.14 Bn 5.36 Bn 3.44 Bn 10.58%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.83%
Mar 31, 2026 16.07%
Dec 31, 2025 16.19%
Sep 30, 2025 14.76%
Jun 30, 2025 18.10%
Mar 31, 2025 15.86%
Dec 31, 2024 14.63%
Sep 30, 2024 14.94%
Jun 30, 2024 10.26%
Mar 31, 2024 17.05%
Dec 31, 2023 14.82%
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%