Progressive (PGR) Return on Equity [ROE] (2012 - 2026)
Progressive (PGR) posted Return on Equity [ROE] of 35.24% for Q2 2026, up 1.35 percentage points from 33.89% a year earlier but down 1.83 percentage points from the prior quarter.
Progressive (PGR) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2025, Progressive's Return on Equity [ROE] came in at 40.45%, up 3.47 percentage points from FY2024.
- Annual Return on Equity [ROE] has increased for three consecutive years, with a five-year change of +3.30 percentage points (FY2020 to FY2025).
- In prior years, Progressive's Return on Equity [ROE] was 36.98% in FY2024 (+15.39 pp), 21.58% in FY2023 (+17.35 pp), 4.23% in FY2022 (-14.77 pp) and 19.00% in FY2021 (-18.15 pp).
- Quarterly Return on Equity [ROE] has run from a low of 4.71% in Q4 2022 to a high of 37.07% in Q1 2026 over five years.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last three quarters, with an average year-over-year change of +5.42 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q1 2024, with a gain of 22.27 percentage points; the weakest was Q2 2022, with a drop of 24.84 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 37.07% (Q1 2026), 34.39% (Q4 2025) and 31.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 11.64% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 14.32% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 35.24% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 26.91% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 25.51% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 17.86% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 13.22% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 6.62% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 40.73% |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - | 40.61% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.24% |
| Mar 31, 2026 | 37.07% |
| Dec 31, 2025 | 34.39% |
| Sep 30, 2025 | 31.49% |
| Jun 30, 2025 | 33.89% |
| Mar 31, 2025 | 31.96% |
| Dec 31, 2024 | 32.15% |
| Sep 30, 2024 | 32.13% |
| Jun 30, 2024 | 30.56% |
| Mar 31, 2024 | 27.50% |
| Dec 31, 2023 | 20.72% |
| Sep 30, 2023 | 16.08% |
| Jun 30, 2023 | 10.39% |
| Mar 31, 2023 | 5.23% |
| Dec 31, 2022 | 4.71% |
| Sep 30, 2022 | 5.64% |
| Jun 30, 2022 | 5.21% |
| Mar 31, 2022 | 12.38% |
| Dec 31, 2021 | 18.22% |
| Sep 30, 2021 | 21.88% |
Progressive Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();