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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Progressive (PGR) Net Margin (2016 - 2025)

Progressive (PGR) has disclosed Net Margin for 17 consecutive years, with 16.04% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin rose 442.0% to 16.04% in Q4 2025 year-over-year; TTM through Dec 2025 was 13.85%, a 262.0% increase, with the full-year FY2025 number at 13.85%, up 262.0% from a year prior.
  • Net Margin was 16.04% for Q4 2025 at Progressive, up from 12.54% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 16.04% in Q4 2025 to a low of 4.77% in Q2 2022.
  • A 5-year average of 8.03% and a median of 7.85% in 2021 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: crashed -1298bps in 2021, then skyrocketed 1034bps in 2024.
  • Progressive's Net Margin stood at 7.65% in 2021, then dropped by -18bps to 6.26% in 2022, then surged by 135bps to 14.71% in 2023, then decreased by -21bps to 11.62% in 2024, then surged by 38bps to 16.04% in 2025.
  • Per Business Quant, the three most recent readings for PGR's Net Margin are 16.04% (Q4 2025), 12.54% (Q3 2025), and 13.8% (Q2 2025).