It's Time For a Quick Look at Progressive (PGR)'s Fundamentals

Progressive logged a 1.0% change during today's evening session, and is now trading at a price of $138.65 per share. On average, analysts give it a target price of $138.8.

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The large-cap company is based in the United States. Progressive currently returns an annual dividend yield of 0.3%.

Make Sure to Consider the Following Before Buying Progressive:

  • Progressive has moved 10.0% over the last year.

  • PGR has a forward P/E ratio of 18.7 based on its EPS guidance of 7.42.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 1.1%.

  • The company has a price to earnings growth (PEG) ratio of 1.15.

  • Its Price to Book (P/B) ratio is 5.0

Progressive Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-02 6,848,800 35,100 6,813,700 -11.46
2022-02-28 7,761,700 66,200 7,695,500 11.79
2021-03-01 6,905,600 21,900 6,883,700 10.88
2020-03-02 6,261,600 53,300 6,208,300 -5.09
2019-02-27 6,284,800 -256,600 6,541,400 67.85
2018-02-27 3,756,800 -140,400 3,897,200

Progressive's free cash flows have a decent average of $6.34 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 10502651936.5%. The compounded average growth rate over this period is 0.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.