Progressive (PGR) FCF Margin (2012 - 2026)
Progressive (PGR) posted quarterly FCF Margin of 14.69% for Q2 2026, down 320.0% year-over-year from 6.68% in Q2 2025, and down 24.25% on a QoQ basis from 19.4% in Q1 2026.
Progressive (PGR) FCF Margin (2012 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.94 Bn | 121.18 Bn | 9.13 Bn | 23.58% |
| 2 | Progressive | 124.75 Bn | 119.75 Bn | 9.04 Bn | 14.69% |
| 3 | Travelers Companies | 79.38 Bn | 55.62 Bn | 4.83 Bn | 17.73% |
| 4 | Allstate | 68.03 Bn | 29.30 Bn | 16.28 Bn | 13.93% |
| 5 | Fairfax Financial Holdings | 35.66 Bn | 35.66 Bn | - | - |
| 6 | Cincinnati Financial | 26.77 Bn | 24.87 Bn | 2.39 Bn | 16.33% |
| 7 | Loews | 23.30 Bn | 998.54 Mn | 2.57 Bn | 14.96% |
| 8 | Markel | 23.24 Bn | 6.35 Bn | 2.83 Bn | 9.57% |
| 9 | Assurant | 14.10 Bn | 12.06 Bn | 2.71 Bn | 11.85% |
| 10 | Cna Financial | 13.90 Bn | 6.12 Bn | 3.44 Bn | 16.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.69% |
| Mar 31, 2026 | 20.53% |
| Dec 31, 2025 | 18.22% |
| Sep 30, 2025 | 24.60% |
| Jun 30, 2025 | 19.39% |
| Mar 31, 2025 | 26.19% |
| Dec 31, 2024 | 12.22% |
| Sep 30, 2024 | 24.88% |
| Jun 30, 2024 | 17.64% |
| Mar 31, 2024 | 24.27% |
| Dec 31, 2023 | 17.51% |
| Sep 30, 2023 | 21.74% |
| Jun 30, 2023 | 14.63% |
| Mar 31, 2023 | 16.82% |
| Dec 31, 2022 | 6.55% |
| Sep 30, 2022 | 15.02% |
| Jun 30, 2022 | 11.51% |
| Mar 31, 2022 | 20.52% |
| Dec 31, 2021 | 3.18% |
| Sep 30, 2021 | 19.24% |