Progressive (PGR) EV to EBITDA (2013 - 2023)
Progressive's (PGR) EV to EBITDA stood at 47.83 in Q1 2023, up 162.5% from 18.22 a year earlier and up 0.3% from the prior quarter.
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Analysis
Progressive (PGR) EV to EBITDA (2013 - 2023) Analysis & Trends
On a TTM basis, Progressive's EV to EBITDA came in at 39.59 as of Mar 31, 2023, up 223.0% year-over-year; for FY2021, it came in at 11.15, up 64.5% from FY2020.
- Across earlier years, EV to EBITDA came in at 6.78 in FY2020 (+0.8%), 6.72 in FY2019 (-23.8%), 8.83 in FY2018 (-22.6%) and 11.40 in FY2017 (+19.3%).
- The Q1 2023 figure is the highest quarterly EV to EBITDA in data going back to Q3 2013.
- On a year-over-year basis, EV to EBITDA has increased for seven consecutive quarters, with growth averaging 199.7% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 451.2% in Q2 2022, against a decline of 28.3% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.68 (Q4 2022), 37.82 (Q3 2022) and 37.83 (Q2 2022).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 47.83 |
| Dec 31, 2022 | 47.68 |
| Sep 30, 2022 | 37.82 |
| Jun 30, 2022 | 37.83 |
| Mar 31, 2022 | 18.22 |
| Dec 31, 2021 | 11.15 |
| Sep 30, 2021 | 8.19 |
| Jun 30, 2021 | 6.86 |
| Mar 31, 2021 | 5.70 |
| Dec 31, 2020 | 6.78 |
| Sep 30, 2020 | 7.28 |
| Jun 30, 2020 | 7.01 |
| Mar 31, 2020 | 7.95 |
| Dec 31, 2019 | 6.72 |
| Sep 30, 2019 | 9.03 |
| Jun 30, 2019 | 9.15 |
| Mar 31, 2019 | 8.91 |
| Dec 31, 2018 | 8.83 |
| Sep 30, 2018 | 9.35 |
| Jun 30, 2018 | 9.78 |
API Access
Progressive EV to EBITDA 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-ebitda&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();