The Progressive Corporation (PGR)
The Progressive Corporation is a massive American insurance company that specialises in covering cars, homes, and businesses.
Is The Progressive Corporation a good stock for a UK beginner?
The honest version: The Progressive Corporation is a massive American insurance company that specialises in covering cars, homes, and businesses.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Dominance in the digital insurance space leads to sustained high margins.
Long-term shift in transport habits reducing the need for traditional car insurance.
What does The Progressive Corporation do?
Progressive makes its money by collecting premiums from customers and paying out claims when accidents or losses happen. They are well-known for using data to price their policies accurately, which helps them stay profitable even when the insurance market gets tough. Pay attention to how their claims costs stack up against the money they bring in from premiums.
On our factor screen it looks strongest on value and income, and weakest on growth.
- ✓Pays a dividend - about 6.5% a year
- ✓Growing - revenue up about 7% over the year
- ·Low P/E of 11 vs last year's earnings
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 35%)
- Strong track record of profitability
- Very low volatility compared to the broader market
- High return on equity indicates efficient management
- Unexpected spikes in the cost of vehicle repairs
- Regulatory changes that could limit how they price policies
- Economic downturns reducing the number of people buying insurance
What do The Progressive Corporation's numbers mean?
How much money does The Progressive Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does The Progressive Corporation pay a dividend?
Yes - The Progressive Corporation currently pays a dividend of about 6.5% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does The Progressive Corporation report earnings, and how did recent quarters go?
The Progressive Corporation is next scheduled to report on about 2026-10-14 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-15 | $4.84 | $4.85 | In line |
| 2026-04-15 | $4.88 | $4.96 | Beat +2% |
| 2026-01-28 | $4.43 | $4.67 | Beat +5% |
| 2025-10-15 | $5.05 | $4.05 | Missed -20% |
| 2025-07-16 | $4.43 | $4.88 | Beat +10% |
| 2025-04-16 | $4.78 | $4.65 | Missed -3% |
Across the last 6 quarters here, The Progressive Corporation came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
More in Financial Services
What are the scenarios for The Progressive Corporation?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of The Progressive Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong track record of profitability
- Very low volatility compared to the broader market
- High return on equity indicates efficient management
- Insurance is a highly competitive and crowded industry
- Profitability is vulnerable to unpredictable natural disasters
- Growth is tied to the mature and slow-moving insurance market
- Unexpected spikes in the cost of vehicle repairs
- Regulatory changes that could limit how they price policies
- Economic downturns reducing the number of people buying insurance
The write-up's own warning lights — if these start happening, the case above changes.
- A significant and sustained drop in their return on equity
- A major change in the regulatory environment for US insurers
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.