Progressive (PGR) EV to EBIT (2009 - 2023)
Progressive's (PGR) EV to EBIT came in at 59.42 for Q1 2023, up 191.8% from 20.36 a year earlier but down 3.3% from the prior quarter.
Progressive (PGR) EV to EBIT (2009 - 2023) Analysis & Trends
For the trailing twelve months through Mar 31, 2023, EV to EBIT at Progressive was 49.19, up 259.1% year-over-year; for FY2021, it was 12.00, up 69.4% from FY2020.
- In prior years, Progressive's EV to EBIT was 7.08 in FY2020 (-0.3%), 7.11 in FY2019 (-25.4%), 9.52 in FY2018 (-24.3%) and 12.57 in FY2017 (+17.1%).
- Quarterly EV to EBIT has run from a low of 5.93 in Q1 2021 to a high of 61.47 in Q4 2022 over five years.
- On a year-over-year basis, EV to EBIT has increased in each of the last seven quarters, with growth averaging 242.5% 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 2021, with a decline of 30.1%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 61.47 (Q4 2022), 47.56 (Q3 2022) and 47.83 (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.07 Bn | 80.65 Bn | 9.13 Bn |
| 2 | Progressive | 129.71 Bn | 105.55 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 85.23 Bn | 76.72 Bn | - |
| 4 | Travelers Companies | 78.57 Bn | 54.82 Bn | 6.23 Bn |
| 5 | Manulife Financial | 73.77 Bn | -21.12 Bn | - |
| 6 | Metlife | 64.61 Bn | -42.17 Bn | 7.82 Bn |
| 7 | Allstate | 60.51 Bn | 21.78 Bn | 8.73 Bn |
| 8 | Arthur J. Gallagher | 59.88 Bn | 54.28 Bn | - |
| 9 | Aflac | 58.72 Bn | 33.93 Bn | 2.27 Bn |
| 10 | Aon | 58.62 Bn | 51.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 8.70 |
| Jun 30, 2021 | 7.18 |
| Mar 31, 2021 | 5.93 |
| Dec 31, 2020 | 7.08 |
| Sep 30, 2020 | 7.64 |
| Jun 30, 2020 | 7.39 |
| Mar 31, 2020 | 8.49 |
| Dec 31, 2019 | 7.11 |
| Sep 30, 2019 | 9.65 |
| Jun 30, 2019 | 9.75 |
| Mar 31, 2019 | 9.52 |
| Dec 31, 2018 | 9.52 |
| Sep 30, 2018 | 9.98 |
| Jun 30, 2018 | 10.61 |
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_KEY
import 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();