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62.98%Cost of Revenue Margin
VS
Market
36
Sector
11
Industry
39
History
93
$ 240Close
$ 235.61 - $ 291.22 52-Week Range
Ticker Information

Ticker

PGR

Company Name

PROGRESSIVE CORP

Sector

Financial Services

Industry

Insurance - Property & Casualty

Exchange

NYSE

PROGRESSIVE CORP - Cost of Revenue Margin Chart Analysis (TTM)

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PGR - COGS % Historical data
DateCost of RevenueCost of Revenue MarginRevenues
6/30/2025$ 51.9B62.98%$ 82.41B
3/31/2025$ 50.89B64.8%$ 78.54B
12/31/2024$ 49.06B65.09%$ 75.37B
9/30/2024$ 47.55B66.05%$ 71.99B
6/30/2024$ 46.43B68.45%$ 67.83B
3/31/2024$ 46B70.72%$ 65.05B
12/31/2023$ 45.65B73.51%$ 62.11B
9/30/2023$ 44.01B74.98%$ 58.69B
6/30/2023$ 42.64B76.27%$ 55.91B
3/31/2023$ 39.89B76.6%$ 52.07B
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Key Performance Insights, Last 5 Years

  • PROGRESSIVE CORP's latest trailing twelve months (TTM) COGS % stands at 62.88%.
  • Over the past 5 years, PROGRESSIVE CORP's average COGS % has been 69.49%.
  • The median COGS % for PROGRESSIVE CORP during this period was 69.47%
  • PROGRESSIVE CORP reached its highest COGS % over the past 5 years at 76.84%.
  • The lowest COGS % recorded by PROGRESSIVE CORP in the same timeframe 60.64%

PROGRESSIVE CORP's COGS % vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

COGS % Benchmarks
CompanyCOGS %
CB : CHUBB LTD 56.42%C : CITIGROUP INC 13.06%ALL : ALLSTATE CORP 62.93%BN : BROOKFIELD CORP 75.06%TRV : TRAVELERS COMPANIES INC 58.17%COF : CAPITAL ONE FINANCIAL CORP 0%AXP : AMERICAN EXPRESS CO 0%MET : METLIFE INC 73.98%WFC : WELLS FARGO & COMPANY 0%MS : MORGAN STANLEY 0%

Definition of Cost of Revenue Margin

[Calculation] The Cost of Revenue [CoR] expressed as a percentage of [Revenue]. Also named Cost Revenue Ratio.
COGS / Revenues
(=) COGS %
COGS % for PROGRESSIVE CORP is calculated as follows: COGS [ $ 26.4B ] / Revenues [ $ 41.98B ]
(=) COGS % [ 62.88% ]

PGR - Cost of Revenue Margin, Last 5 years

60.64%

Minimum

Mar 31, 2021

76.84%

Maximum

Dec 31, 2022

69.49%

Average

69.47%

Median

COGS % Benchmark Analysis

The chart above depicts the distribution of COGS % for companies in the Total Stock Market. The average COGS % of the companies is 46.86% with a standard deviation of 31.57%.
The following table provides additional summary stats:
COGS % in the Market:
filtered constituents3.8K
min-50.26%
max172.25%
average46.86%
median50.52%
std31.57%