Progressive (PGR) FCF Margin (2012 - 2026)

Progressive has reported FCF Margin for 15 years, with the latest figure at 14.69% in Q2 2026.

• FCF Margin for Q2 2026 came in at 14.69%, down 320.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 17.52% (down 247.0% YoY), and the FY2025 annual result was 19.62%, down 6.0% from the prior year.
• FCF Margin slipped to 14.69% in Q2 2026, from 19.4% in the prior quarter.
• Over five years, FCF Margin peaked at 24.91% in Q1 2025 and troughed at 6.55% in Q4 2022.
• A 5-year average of 17.39% and a median of 17.23% in 2023 frame the typical range for FCF Margin.
• The widest annual swing landed in 2022, when FCF Margin plunged 761 bps; it then surged 745 bps in 2024.
• A 5-year view of FCF Margin shows it stood at 6.55% in 2022, then soared by 113 bps to 13.94% in 2023, then grew by 3 bps to 14.29% in 2024, then dropped by 6 bps to 13.4% in 2025, then increased by 10 bps to 14.69% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 14.69% in Q2 2026, 19.4% in Q1 2026, and 13.4% in Q4 2025.