The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PGR

Concerning the House

The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

United States · www.progressive.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$62.11B+10.4%
Net income$8.48B+13.9%
Cash from ops$17.55B+16.7%
Quotation

$208.87

+1.50 (+0.7%)

52w hi$237.26
52w lo$190.32
Vol2.27M
As ofAug 13
The Verdict

Hold

Our score +0.21

Short+0.05
Medium+0.27
Long+0.42

computed 2026-08-13

By the Numbers

The Progressive Corporation

Financial Services · Insurance - Property & Casualty

Market cap$121.43B
Enterprise value$126.79B
Trailing P/E10.48x
Forward P/E12.84x
EV / EBITDA8.23x
P / S (ttm)1.33x
Profit margin12.8%
Return on equity34.9%
Revenue growth+7.3%
Earnings growth+5.0%
Debt / equity24.43
Risk Metrics
Beta vs SPX0.15
Corr SPX0.09
Annual vol25.6%
Annual ret+1.1%
Sharpe0.04
Max DD-34.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.32
Sector+0.09
Technical+0.09
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$208.56$210.43$207.87$208.872.27M
Aug 12$209.25$212.73$207.01$207.371.92M
Aug 11$212.67$214.78$212.04$212.351.41M
Aug 10$212.94$215.99$210.78$213.952.29M
Aug 7$213.53$215.41$211.80$215.331.76M