Progressive (PGR) Net Margin (2009 - 2026)

Progressive (PGR) has 18 years of Net Margin data on file, last reported at 12.7% in Q1 2026.

• Net Margin for Q1 2026 came in at 12.7%, up 12.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.43% (up 220.0% YoY), and the FY2025 annual result was 12.9%, up 167.0% from the prior year.
• Net Margin retreated to 12.7% in Q1 2026 per PGR's latest filing, from 12.97% in the prior quarter.
• Over five years, Net Margin peaked at 15.63% in Q2 2025 and troughed at 4.77% in Q2 2022.
• A 5-year average of 8.51% and a median of 11.62% in 2024 frame the typical range for Net Margin.
• The sharpest annual moves came in 2022 and 2024: Net Margin sank 1135 bps in 2022, then soared 1125 bps in 2024.
• A 5-year view of Net Margin shows it stood at 6.09% in 2022, then soared by 142 bps to 14.71% in 2023, then retreated by 21 bps to 11.62% in 2024, then rose by 12 bps to 12.97% in 2025, then decreased by 2 bps to 12.7% in 2026.
• Business Quant data shows PGR's Net Margin at 12.7% in Q1 2026, 12.97% in Q4 2025, and 12.54% in Q3 2025.