Progressive Corp

PGRFinancial Services

Sentinellis Health Score

8.4/10

Financially healthy

Market Cap

$118.5B

Revenue

$87.6B

P/E Ratio

10.3x

AI Summary

Progressive sells insurance policies for cars, trucks, motorcycles, RVs, boats, and homes primarily through independent insurance agents and direct online or phone channels [Yahoo Finance]. The company collects monthly or annual premiums from customers and uses that money to pay claims when accidents or property damage occur, keeping the difference as profit. They also write commercial auto insurance for small businesses and workers' compensation coverage for the transportation industry [Yahoo Finance].

Progressive Corporation is one of the largest auto insurers in the United States, offering personal auto, motorcycle, RV, and homeowners insurance [Yahoo Finance]. The company reported strong Q1 2026 results with $20.97 billion in revenue and beat earnings expectations by posting $4.96 per share, yet its stock has fallen 30.7% over the past year [Yahoo Finance]. Despite solid operational performance including 16.3% revenue growth and a healthy 12.9% net margin, the stock has significantly underperformed the broader market [Yahoo Finance].

Progressive is financially healthy with strong cash generation and excellent profitability metrics [Yahoo Finance].

Confidence8/10