Growth Metrics

Progressive (PGR) Operating Margin (2023 - 2025)

Progressive (PGR) has disclosed Operating Margin for 3 consecutive years, with 47.93% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 1200.0% to 47.93% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 2.04% through Dec 2025, down 3283.0% year-over-year, with the annual reading at 38.41% for FY2025, 354.0% up from the prior year.
  • Operating Margin for Q4 2025 was 47.93% at Progressive, up from 40.23% in the prior quarter.
  • The five-year high for Operating Margin was 332.89% in Q4 2023, with the low at 76.43% in Q2 2023.
  • Average Operating Margin over 3 years is 29.24%, with a median of 35.92% recorded in 2024.
  • Peak annual rise in Operating Margin hit 10693bps in 2024, while the deepest fall reached -29696bps in 2024.
  • Over 3 years, Operating Margin stood at 332.89% in 2023, then tumbled by -89bps to 35.92% in 2024, then surged by 33bps to 47.93% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 47.93%, 40.23%, and 43.73% for Q4 2025, Q3 2025, and Q2 2025 respectively.