Progressive (PGR) Price to Earnings (2009 - 2026)
Progressive's Price to Earnings came in at 10.37 for Q3 2026, down 23.3% from 13.52 a year earlier and down 4.5% from the prior quarter.
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Analysis
Progressive (PGR) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Progressive's Price to Earnings was 11.80, down 28.9% from FY2024.
- Price to Earnings has declined in each of the last three years.
- Going back by year, Price to Earnings was 16.60 in FY2024 (-31.2%), 24.14 in FY2023 (-77.9%), 109.24 in FY2022 (+504.9%) and 18.06 in FY2021 (+77.0%).
- The five-year range for quarterly Price to Earnings is 10.02 (Q1 2026) to 109.24 (Q4 2022).
- Year-over-year, Price to Earnings has declined for 14 consecutive quarters, with an average decline of 26.3% over the last eight quarters.
- The fastest year-over-year change in Price to Earnings over five years came in Q2 2022 (growth of 683.0%), and the weakest in Q1 2024 (a decline of 79.1%).
- Business Quant data shows PGR's Price to Earnings at 10.86 (Q2 2026), 10.02 (Q1 2026) and 11.80 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.76 Bn | 86.40 Bn | 8.67 Bn |
| 2 | Progressive | 132.42 Bn | 107.94 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 97.25 Bn | 89.41 Bn | - |
| 4 | Travelers Companies | 81.75 Bn | 59.24 Bn | 5.93 Bn |
| 5 | Manulife Financial | 73.54 Bn | -21.96 Bn | - |
| 6 | Arthur J. Gallagher | 72.19 Bn | 66.78 Bn | - |
| 7 | Aon | 71.05 Bn | 50.25 Bn | - |
| 8 | Allstate | 64.22 Bn | 24.06 Bn | 7.41 Bn |
| 9 | Metlife | 63.14 Bn | -43.64 Bn | 7.82 Bn |
| 10 | Aflac | 61.62 Bn | 37.98 Bn | 1.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.34 |
| Jun 30, 2026 | 10.86 |
| Mar 31, 2026 | 10.02 |
| Dec 31, 2025 | 11.80 |
| Sep 30, 2025 | 13.52 |
| Jun 30, 2025 | 15.00 |
| Mar 31, 2025 | 19.03 |
| Dec 31, 2024 | 16.60 |
| Sep 30, 2024 | 18.39 |
| Jun 30, 2024 | 17.73 |
| Mar 31, 2024 | 21.11 |
| Dec 31, 2023 | 24.14 |
| Sep 30, 2023 | 30.10 |
| Jun 30, 2023 | 45.21 |
| Mar 31, 2023 | 101.09 |
| Dec 31, 2022 | 109.24 |
| Sep 30, 2022 | 81.87 |
| Jun 30, 2022 | 82.44 |
| Mar 31, 2022 | 30.90 |
| Dec 31, 2021 | 18.06 |
API Access
Progressive Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();