Progressive (PGR) EV to CFO (2013 - 2026)
Progressive's EV to CFO was 7.47 in Q2 2026, down 17.5% from 9.05 a year earlier but up 12.3% from the prior quarter.
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Analysis
Progressive (PGR) EV to CFO (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progressive's EV to CFO was 6.29 through Jun 30, 2026, down 24.0% year-over-year; for FY2025, it was 7.03, down 21.9% from FY2024.
- In earlier years, EV to CFO was 9.00 in FY2024 (+7.1%), 8.40 in FY2023 (-19.8%), 10.46 in FY2022 (+52.9%) and 6.85 in FY2021 (-9.7%).
- Quarterly EV to CFO has moved between 5.24 (Q3 2021) and 11.71 (Q1 2023) over five years.
- Compared with a year earlier, EV to CFO has declined for four straight quarters, with an average decline of 7.3% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q3 2022 (growth of 89.7%); the worst was Q1 2026 (a decline of 34.1%).
- Per Business Quant data, PGR's EV to CFO in the three quarters before Q2 2026 was 6.65 (Q1 2026), 7.03 (Q4 2025) and 8.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47 |
| Mar 31, 2026 | 6.65 |
| Dec 31, 2025 | 7.03 |
| Sep 30, 2025 | 8.06 |
| Jun 30, 2025 | 9.05 |
| Mar 31, 2025 | 10.09 |
| Dec 31, 2024 | 9.00 |
| Sep 30, 2024 | 9.92 |
| Jun 30, 2024 | 8.79 |
| Mar 31, 2024 | 9.40 |
| Dec 31, 2023 | 8.40 |
| Sep 30, 2023 | 8.52 |
| Jun 30, 2023 | 9.51 |
| Mar 31, 2023 | 11.71 |
| Dec 31, 2022 | 10.46 |
| Sep 30, 2022 | 9.95 |
| Jun 30, 2022 | 9.40 |
| Mar 31, 2022 | 7.85 |
| Dec 31, 2021 | 6.85 |
| Sep 30, 2021 | 5.24 |
API Access
Progressive EV to CFO 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=ev-to-cfo&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();