Progressive (PGR) EV to FCF (2013 - 2026)
Progressive's (PGR) EV to FCF stood at 7.65 in Q2 2026, down 17.2% from 9.23 a year earlier but up 12.6% from the prior quarter.
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Analysis
Progressive (PGR) EV to FCF (2013 - 2026) Analysis & Trends
On a TTM basis, Progressive's EV to FCF came in at 6.45 as of Jun 30, 2026, down 23.6% year-over-year; for FY2025, it was 7.17, down 21.8% from FY2024.
- Across earlier years, EV to FCF came in at 9.17 in FY2024 (+6.6%), 8.60 in FY2023 (-21.3%), 10.93 in FY2022 (+54.7%) and 7.07 in FY2021 (-9.8%).
- Quarterly EV to FCF has ranged from 5.39 in Q3 2021 to 12.18 in Q1 2023 over the past five years.
- On a year-over-year basis, EV to FCF has declined for four consecutive quarters, with an average decline of 7.4% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 93.8% in Q3 2022, against a decline of 34.0% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.79 (Q1 2026), 7.17 (Q4 2025) and 8.22 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.25 Bn | 80.84 Bn | 9.13 Bn |
| 2 | Progressive | 130.11 Bn | 105.94 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 85.37 Bn | 76.86 Bn | - |
| 4 | Travelers Companies | 78.59 Bn | 54.84 Bn | 6.23 Bn |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - |
| 6 | Metlife | 64.37 Bn | -42.41 Bn | 7.82 Bn |
| 7 | Allstate | 60.65 Bn | 21.92 Bn | 8.73 Bn |
| 8 | Arthur J. Gallagher | 60.14 Bn | 54.55 Bn | - |
| 9 | Aon | 58.75 Bn | 51.97 Bn | - |
| 10 | Aflac | 58.63 Bn | 33.84 Bn | 2.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.65 |
| Mar 31, 2026 | 6.79 |
| Dec 31, 2025 | 7.17 |
| Sep 30, 2025 | 8.22 |
| Jun 30, 2025 | 9.23 |
| Mar 31, 2025 | 10.28 |
| Dec 31, 2024 | 9.17 |
| Sep 30, 2024 | 10.10 |
| Jun 30, 2024 | 8.95 |
| Mar 31, 2024 | 9.60 |
| Dec 31, 2023 | 8.60 |
| Sep 30, 2023 | 8.73 |
| Jun 30, 2023 | 9.87 |
| Mar 31, 2023 | 12.18 |
| Dec 31, 2022 | 10.93 |
| Sep 30, 2022 | 10.44 |
| Jun 30, 2022 | 9.82 |
| Mar 31, 2022 | 8.13 |
| Dec 31, 2021 | 7.07 |
| Sep 30, 2021 | 5.39 |
API Access
Progressive EV to FCF 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-fcf&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();