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37.02%Gross 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 - Gross Margin Chart Analysis (TTM)

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PGR - Gross % Historical data
DateGross ProfitGross MarginRevenues
6/30/2025$ 30.51B37.02%$ 82.41B
3/31/2025$ 27.65B35.2%$ 78.54B
12/31/2024$ 26.31B34.91%$ 75.37B
9/30/2024$ 24.44B33.95%$ 71.99B
6/30/2024$ 21.4B31.55%$ 67.83B
3/31/2024$ 19.05B29.28%$ 65.05B
12/31/2023$ 16.45B26.49%$ 62.11B
9/30/2023$ 14.68B25.02%$ 58.69B
6/30/2023$ 13.27B23.73%$ 55.91B
3/31/2023$ 12.18B23.4%$ 52.07B
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Key Performance Insights, Last 5 Years

  • PROGRESSIVE CORP's latest trailing twelve months (TTM) Gross % stands at 37.12%.
  • Over the past 5 years, PROGRESSIVE CORP's average Gross % has been 30.51%.
  • The median Gross % for PROGRESSIVE CORP during this period was 30.53%
  • PROGRESSIVE CORP reached its highest Gross % over the past 5 years at 39.36%.
  • The lowest Gross % recorded by PROGRESSIVE CORP in the same timeframe 23.16%

PROGRESSIVE CORP's Gross % vs. competitors

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

Gross % Benchmarks
CompanyGross %
CB : CHUBB LTD 43.58%C : CITIGROUP INC 86.94%ALL : ALLSTATE CORP 37.07%BN : BROOKFIELD CORP 24.94%TRV : TRAVELERS COMPANIES INC 41.83%COF : CAPITAL ONE FINANCIAL CORP 100%AXP : AMERICAN EXPRESS CO 100%MET : METLIFE INC 26.02%WFC : WELLS FARGO & COMPANY 100%MS : MORGAN STANLEY 100%

Definition of Gross Margin

[Calculation] Gross margin, also called gross profit margin, represents the percentage of total revenue that the company retains after subtracting direct costs associated with producing the goods and services sold by the company [CoR]. Calculated by dividing gross profit [GP] by [Revenue].
GP / Revenues
(=) Gross %
Gross % for PROGRESSIVE CORP is calculated as follows: GP [ $ 15.58B ] / Revenues [ $ 41.98B ]
(=) Gross % [ 37.12% ]

PGR - Gross Margin, Last 5 years

23.16%

Minimum

Dec 31, 2022

39.36%

Maximum

Mar 31, 2021

30.51%

Average

30.53%

Median

Gross % Benchmark Analysis

The chart above depicts the distribution of Gross % for companies in the Total Stock Market. The average Gross % of the companies is 53.13% with a standard deviation of 31.57%.
The following table provides additional summary stats:
Gross % in the Market:
filtered constituents3.8K
min-72.25%
max150.26%
average53.13%
median49.48%
std31.57%