Progressive (PGR) EV to EBIT (2009 - 2026)
Progressive's (PGR) EV to EBIT came in at 8.09 for Q2 2026, down 28.6% from 11.34 a year earlier but up 7.6% from the prior quarter.
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Analysis
Progressive (PGR) EV to EBIT (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBIT at Progressive was 6.82, down 34.2% year-over-year; for FY2025, it was 8.50, down 31.3% from FY2024.
- Annual EV to EBIT has declined for three consecutive years.
- In prior years, Progressive's EV to EBIT was 12.37 in FY2024 (-28.4%), 17.28 in FY2023 (-71.9%), 61.47 in FY2022 (+412.3%) and 12.00 in FY2021 (+69.4%).
- Quarterly EV to EBIT has run from a low of 7.52 in Q1 2026 to a high of 61.47 in Q4 2022 over five years.
- On a year-over-year basis, EV to EBIT has declined in each of the last 13 quarters, with an average decline of 27.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBIT in the past five years was Q2 2022, with growth of 566.0%; the weakest was Q1 2024, with a decline of 74.0%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 7.52 (Q1 2026), 8.50 (Q4 2025) and 10.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 144.11 Bn | 89.75 Bn | 8.67 Bn |
| 2 | Progressive | 136.45 Bn | 111.97 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 100.18 Bn | 92.34 Bn | - |
| 4 | Travelers Companies | 84.51 Bn | 61.99 Bn | 5.93 Bn |
| 5 | Manulife Financial | 78.01 Bn | -16.87 Bn | - |
| 6 | Arthur J. Gallagher | 74.10 Bn | 74.10 Bn | - |
| 7 | Aon | 72.97 Bn | 52.17 Bn | - |
| 8 | Allstate | 69.06 Bn | 30.33 Bn | 8.73 Bn |
| 9 | Metlife | 66.12 Bn | -40.66 Bn | 7.82 Bn |
| 10 | Aflac | 63.31 Bn | 38.52 Bn | 2.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.67 |
| Jun 30, 2026 | 8.09 |
| Mar 31, 2026 | 7.52 |
| Dec 31, 2025 | 8.50 |
| Sep 30, 2025 | 10.16 |
| Jun 30, 2025 | 11.34 |
| Mar 31, 2025 | 14.33 |
| Dec 31, 2024 | 12.37 |
| Sep 30, 2024 | 13.70 |
| Jun 30, 2024 | 13.06 |
| Mar 31, 2024 | 15.45 |
| Dec 31, 2023 | 17.28 |
| Sep 30, 2023 | 21.12 |
| Jun 30, 2023 | 30.50 |
| Mar 31, 2023 | 59.42 |
| Dec 31, 2022 | 61.47 |
| Sep 30, 2022 | 47.56 |
| Jun 30, 2022 | 47.83 |
| Mar 31, 2022 | 20.36 |
| Dec 31, 2021 | 12.00 |
API Access
Progressive EV to EBIT 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-ebit&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();