Growth Metrics

Progressive (PGR) FCF Margin (2016 - 2025)

Progressive (PGR) has disclosed FCF Margin for 14 consecutive years, with 11.25% as the latest value for Q4 2025.

  • Quarterly FCF Margin fell 304.0% to 11.25% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 18.9% through Dec 2025, down 79.0% year-over-year, with the annual reading at 19.62% for FY2025, 6.0% down from the prior year.
  • FCF Margin for Q4 2025 was 11.25% at Progressive, down from 22.78% in the prior quarter.
  • The five-year high for FCF Margin was 26.19% in Q1 2025, with the low at 3.18% in Q4 2021.
  • Average FCF Margin over 5 years is 17.28%, with a median of 17.77% recorded in 2024.
  • The sharpest move saw FCF Margin crashed -996bps in 2021, then surged 1096bps in 2023.
  • Over 5 years, FCF Margin stood at 3.18% in 2021, then soared by 106bps to 6.55% in 2022, then soared by 167bps to 17.51% in 2023, then fell by -18bps to 14.29% in 2024, then dropped by -21bps to 11.25% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods came in at 11.25%, 22.78%, and 17.9% for Q4 2025, Q3 2025, and Q2 2025 respectively.