Progressive Operating Margin 2012-2026 | PGR

Current and historical operating margin for Progressive (PGR) over the last 10 years. The current operating profit margin for Progressive as of March 31, 2026 is 12.24%.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Progressive Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-03-31 $66.70B $11.52B 17.27%
2025-09-30 $85.20B $14.34B 16.82%
2025-06-30 $82.41B $13.94B 16.91%
2025-03-31 $78.54B $11.79B 15.01%
2024-12-31 $75.37B $11.47B 15.21%
2024-09-30 $71.99B $10.97B 15.24%
2024-06-30 $67.83B $9.40B 13.86%
2024-03-31 $65.05B $7.95B 12.22%
2023-12-31 $62.11B $5.55B 8.93%
2023-09-30 $58.69B $4.05B 6.91%
2023-06-30 $55.91B $2.77B 4.95%
2023-03-31 $52.07B $1.68B 3.23%
2022-12-31 $49.61B $1.49B 3.00%
2022-09-30 $48.63B $1.64B 3.37%
2022-06-30 $47.71B $1.62B 3.40%
2022-03-31 $48.10B $3.24B 6.74%
2021-12-31 $47.70B $4.71B 9.87%
2021-09-30 $46.63B $5.60B 12.01%
2021-06-30 $45.71B $7.37B 16.12%
2021-03-31 $44.78B $8.62B 19.25%
2020-12-31 $42.66B $7.62B 17.86%
2020-09-30 $41.98B $6.84B 16.29%
2020-06-30 $40.57B $5.91B 14.57%
2020-03-31 $39.05B $4.87B 12.47%
2019-12-31 $39.02B $5.55B 14.23%
2019-09-30 $36.32B $4.44B 12.23%
2019-06-30 $35.28B $4.54B 12.87%
2019-03-31 $33.85B $4.16B 12.30%
2018-12-31 $31.98B $3.49B 10.91%
2018-09-30 $31.06B $3.92B 12.63%
2018-06-30 $29.36B $3.03B 10.33%
2018-03-31 $27.95B $2.70B 9.66%
2017-12-31 $26.84B $2.43B 9.04%
2017-09-30 $25.85B $2.27B 8.79%
2017-06-30 $24.99B $2.27B 9.08%
2017-03-31 $24.21B $1.99B 8.22%
2016-12-31 $23.44B $1.73B 7.37%
2016-09-30 $22.71B $1.70B 7.47%
2016-06-30 $22.05B $1.86B 8.45%
2016-03-31 $21.52B $2.10B 9.76%
2015-12-31 $20.85B $2.15B 10.30%
2015-09-30 $20.63B $2.17B 10.51%
2015-06-30 $20.12B $2.17B 10.78%
2015-03-31 $19.58B $2.07B 10.57%
2014-12-31 $19.39B $2.09B 10.80%
2014-09-30 $18.84B $1.96B 10.42%
2014-06-30 $18.59B $1.87B 10.03%
2014-03-31 $18.44B $1.91B 10.36%
2013-12-31 $18.17B $1.90B 10.43%
2013-09-30 $17.90B $1.83B 10.21%
2013-06-30 $17.81B $1.89B 10.63%
2013-03-31 $17.40B $1.57B 9.04%
2012-12-31 $17.08B $1.49B 8.74%
2012-09-30 $16.93B $1.52B 8.95%
2012-06-30 $16.32B $1.31B 8.03%
2012-03-31 $16.01B $1.50B 9.35%
2011-12-31 $15.78B $1.65B 10.48%
2011-09-30 $15.67B $1.70B 10.84%
2011-06-30 $15.63B $1.87B 11.98%
2011-03-31 $15.44B $1.83B 11.87%
2010-12-31 $15.22B $1.73B 11.38%
2010-09-30 $15.02B $1.76B 11.74%
2010-06-30 $14.86B $1.75B 11.80%
2010-03-31 $14.76B $1.79B 12.14%
2009-12-31 $14.56B $1.73B 11.86%
2009-09-30 $14.17B $1.49B 10.51%
2009-06-30 $12.77B $0.03B 0.27%
2009-03-31 $12.72B $-0.02B -0.13%
2008-12-31 $12.84B $-0.06B -0.44%
2008-09-30 $12.95B $0.06B 0.44%
2008-06-30 $14.45B $1.56B 10.81%
2008-03-31 $14.59B $1.65B 11.34%
2007-12-31 $14.69B $1.84B 12.50%
2007-09-30 $14.77B $2.08B 14.09%
2007-06-30 $14.78B $2.25B 15.20%
2007-03-31 $14.81B $2.43B 16.40%
2006-12-31 $14.79B $2.55B 17.22%
2006-09-30 $14.69B $2.37B 16.12%
2006-06-30 $14.59B $2.22B 15.19%
2006-03-31 $14.47B $2.21B 15.28%
2005-12-31 $14.30B $2.18B 15.23%
2005-09-30 $14.40B $2.39B 16.58%
2005-06-30 $14.22B $2.52B 17.73%
2005-03-31 $13.99B $2.51B 17.91%
2004-12-31 $13.78B $2.57B 18.65%
2004-09-30 $13.26B $2.48B 18.72%
2004-06-30 $12.90B $2.38B 18.46%
2004-03-31 $12.45B $2.24B 17.95%
2003-12-31 $11.89B $1.99B 16.77%
2003-09-30 $11.27B $1.68B 14.93%
2003-06-30 $10.61B $1.46B 13.80%
2003-03-31 $9.95B $1.27B 12.76%
2002-12-31 $9.30B $1.09B 11.73%
2002-09-30 $8.74B $1.04B 11.90%
2002-06-30 $8.18B $0.91B 11.11%
2002-03-31 $7.78B $0.82B 10.47%
2001-12-31 $7.49B $0.67B 8.97%
2001-09-30 $7.26B $0.59B 8.10%
2001-06-30 $7.15B $0.54B 7.53%
2001-03-31 $6.94B $0.36B 5.24%
2000-12-31 $6.77B $0.16B 2.42%
2000-09-30 $6.61B $0.08B 1.13%
2000-06-30 $6.44B $0.09B 1.38%
2000-03-31 $6.32B $0.28B 4.37%
1999-12-31 $6.12B $0.50B 8.13%
1999-09-30 $5.86B $0.60B 10.19%
1999-06-30 $5.64B $0.69B 12.19%
1999-03-31 $5.45B $0.70B 12.89%
1998-12-31 $5.29B $0.73B 13.79%
1998-09-30 $5.27B $0.77B 14.66%
1998-06-30 $5.11B $0.75B 14.57%
1998-03-31 $4.90B $0.71B 14.58%
1997-12-31 $4.61B $0.64B 13.95%
1997-09-30 $4.23B $0.62B 14.74%
1997-06-30 $3.92B $0.57B 14.45%
1997-03-31 $3.65B $0.53B 14.42%
1996-12-31 $3.48B $0.50B 14.46%
1996-09-30 $3.32B $0.46B 13.84%
1996-06-30 $3.21B $0.44B 13.57%
1996-03-31 $3.12B $0.41B 13.12%
1995-12-31 $3.01B $0.40B 13.41%
1995-09-30 $2.90B $0.46B 15.82%
1995-06-30 $2.75B $0.46B 16.64%
1995-03-31 $2.59B $0.46B 17.59%
1994-12-31 $2.42B $0.44B 18.05%
1994-09-30 $2.26B $0.33B 14.38%
1994-06-30 $2.14B $0.35B 16.20%
1994-03-31 $2.04B $0.37B 18.27%
1993-12-31 $1.96B $0.38B 19.34%
1993-09-30 $1.88B $0.44B 23.60%
1993-06-30 $1.77B $0.39B 21.93%
1993-03-31 $1.79B $0.33B 18.52%
1992-12-31 $1.74B $0.29B 16.56%
1992-09-30 $1.69B $0.17B 10.20%
1992-06-30 $1.66B $0.13B 7.65%
1992-03-31 $1.53B $0.08B 5.17%
1991-12-31 $1.49B $0.08B 5.43%
1991-09-30 $1.46B $0.09B 6.05%
1991-06-30 $1.42B $0.09B 6.36%
1991-03-31 $1.39B $0.13B 9.44%
1990-12-31 $1.38B $0.14B 9.88%
1990-09-30 $13.91B $1.36B 9.77%
1990-06-30 $13.91B $1.37B 9.83%
1990-03-31 $13.92B $1.36B 9.78%
1989-12-31 $13.93B $1.35B 9.72%
1989-09-30 $1.51B $0.25B 16.81%
1989-06-30 $1.46B $0.22B 14.77%
1989-03-31 $1.42B $0.17B 12.08%
1988-12-31 $1.36B $0.15B 10.91%
1988-06-30 $0.86B $0.04B 4.32%
1988-03-31 $0.78B $0.05B 5.87%
Sector Industry Market Cap Revenue
Finance Property, Casualty and Title Insurance $113.559B $87.671B
The Progressive Corporation is one of the major auto insurers in the country. Progressive is a leading independent agency writer of private passenger auto coverage, and the market share leader for the motorcycle products since 1998. Their Personal Lines segment writes insurance for private passenger automobiles, recreational and other vehicles. This business generally offers more than one program in a single state, with each program targeted toward a specific distribution channel, market, or customer group. Personal Lines products comprise insurance for personal autos and special lines products. Their Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses. The Commercial Lines business, which is primarily distributed through the independent agency channel, operates in the business auto and specialty truck markets.
Stock Name Country Market Cap PE Ratio
Berkshire Hathaway (BRK.A) United States $1035.525B 23.28
Berkshire Hathaway (BRK.B) United States $1035.305B 23.26
Chubb (CB) Switzerland $127.960B 13.21
Sampo (SAXPY) Finland $115.416B 18.26
Tokio Marine Holdings (TKOMY) Japan $87.049B 16.08
Travelers (TRV) United States $63.210B 10.73
Allstate (ALL) United States $54.759B 6.04
MS&AD Insurances (MSADY) Japan $38.538B 7.66
Hartford Insurance (HIG) United States $37.857B 10.20
Fairfax Financial Holdings (FRFHF) Canada $37.137B 8.07
Arch Capital Group (ACGL) Bermuda $34.192B 9.72
Intact Financial (IFCZF) Canada $32.277B 13.23
Cincinnati Financial (CINF) United States $25.087B 20.27
W.R Berkley (WRB) United States $24.604B 15.31
RenaissanceRe Holdings (RNR) Bermuda $13.077B 7.62
CNA Financial (CNA) United States $12.746B 9.60
American Financial (AFG) United States $10.859B 12.70
Kinsale Capital (KNSL) United States $8.064B 17.85
Axis Capital Holdings (AXS) Bermuda $7.272B 7.57
First American Financial (FAF) United States $6.477B 10.45
Hanover Insurance (THG) United States $6.221B 9.26
White Mountains Insurance Group (WTM) United States $5.699B 13.13
Essent Group (ESNT) Bermuda $5.689B 8.78
RLI (RLI) United States $5.332B 16.43
Mercury General (MCY) United States $5.107B 11.67
Selective Insurance (SIGI) United States $4.786B 10.82
Hagerty (HGTY) United States $3.810B 26.48
Palomar Holdings (PLMR) United States $3.411B 17.80
NMI Holdings Inc (NMIH) United States $2.940B 7.86
Skyward Specialty Insurance (SKWD) United States $2.030B 11.36
Stewart Information Services (STC) United States $1.965B 13.24
HCI (HCI) United States $1.939B 6.58
Exzeo (XZO) United States $1.352B 0.00
ProAssurance (PRA) United States $1.258B 15.05
Safety Insurance (SAFT) United States $1.098B 13.07
United Fire (UFCS) United States $1.003B 8.51
UNIVERSAL INSURANCE HOLDINGS INC (UVE) United States $0.963B 5.55
Heritage Insurance Holdings (HRTG) United States $0.804B 4.14
Bowhead Specialty Holdings (BOW) United States $0.784B 14.47
Root (ROOT) United States $0.684B 18.97
Donegal (DGICB) United States $0.648B 8.63
Donegal (DGICA) United States $0.640B 7.97
Greenlight Capital Re (GLRE) Cayman Islands $0.628B 8.47
American Coastal Insurance (ACIC) United States $0.558B 5.51
Investors Title (ITIC) United States $0.435B 12.41
Global Indemnity (GBLI) United States $0.399B 14.42
American Integrity Insurance (AII) United States $0.357B 3.25
Kingsway Financial Services (KFS) United States $0.329B 0.00
NI Holdings (NODK) United States $0.265B 0.00
Kingstone (KINS) United States $0.218B 5.52
First Acceptance (FACO) United States $0.188B 6.36
Roadzen (RDZN) United States $0.084B 0.00
American Overseas Group (AOREF) Bermuda $0.058B 5.37