Growth Metrics

Progressive (PGR) Gross Margin (2023 - 2025)

Historic Gross Margin for Progressive (PGR) over the last 3 years, with Q3 2025 value amounting to 40.28%.

  • Progressive's Gross Margin rose 37200.0% to 40.28% in Q3 2025 from the same period last year, while for Sep 2025 it was 37.99%, marking a year-over-year increase of 40400.0%. This contributed to the annual value of 34.91% for FY2024, which is 84200.0% up from last year.
  • As of Q3 2025, Progressive's Gross Margin stood at 40.28%, which was up 37200.0% from 38.17% recorded in Q2 2025.
  • In the past 5 years, Progressive's Gross Margin ranged from a high of 40.28% in Q3 2025 and a low of 20.73% during Q2 2023
  • Moreover, its 3-year median value for Gross Margin was 36.17% (2024), whereas its average is 33.48%.
  • Per our database at Business Quant, Progressive's Gross Margin skyrocketed by 98100bps in 2024 and then surged by 8900bps in 2025.
  • Over the past 3 years, Progressive's Gross Margin (Quarter) stood at 32.08% in 2023, then grew by 12bps to 35.97% in 2024, then rose by 12bps to 40.28% in 2025.
  • Its last three reported values are 40.28% in Q3 2025, 38.17% for Q2 2025, and 37.26% during Q1 2025.