The Progressive Corporation
Leading automotive insurance provider with usage-based and traditional coverage
What the page says before deeper research
Quality, growth, value, ownership, risk, and source confidence.
Moat 82/100 with low retention risk.
Growth appears mixed from +14% YoY revenue growth.
Forward P/E of 12.2x versus +14% growth gives a 0.9x multiple-to-growth read.
No SEC-backed 13F layer is matched yet, so ownership confirmation is unavailable.
Monitor valuation, retention, and AI disruption risk.
Fundamentals from finnhub as of 2026-05-17; ownership confirmation is not available here.
This is the cleanest available growth read in the current dataset.
Beginner valuation check
Data pending from FMP or Finnhub.
Negative price performance shows recent market sentiment, not a full investment thesis.
Forward P/E around 12.2x means investors pay about $12.2 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.
A P/E around 10.1x means investors pay about $10.1 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.
Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.
Beginner guide
Progressive helps people pay for car accidents and fixes. They use a little device in your car to see if you're a safe driver and give you cheaper prices if you are!
Leading automotive insurance provider with usage-based and traditional coverage
The Progressive Corporation makes money through Personal Auto Insurance (~75% of revenue), Commercial Auto & Specialty (~20% of revenue), and Property Insurance (~5% of revenue).
Snapshot telematics program creates massive proprietary driving behavior dataset, enabling superior risk selection and pricing accuracy vs traditional insurers
The Progressive Corporation can disappoint if execution, competition, valuation, or demand cycles weaken growth, margins, customer retention, or investor confidence.
The Progressive Corporation is like a specialized business engine: investors want to know whether personal auto insurance can keep producing durable cash flow.
You are basically betting that The Progressive Corporation can keep turning personal auto insurance into durable value while managing execution, competition, valuation, or demand cycles.
A 0-100 shortcut for how defensible the business looks in this company brief. The Progressive Corporation is scored at 82.
How painful it is for customers to leave. this company brief rates The Progressive Corporation as medium.
Whether existing customers tend to spend more or less over time. The company brief model uses 112%.
The main pieces of the company here are Personal Auto Insurance, Commercial Auto & Specialty, and Property Insurance.
Price divided by earnings. It is a quick valuation check, but it can mislead when earnings are temporarily high, low, or negative.
A quarterly filing that shows what many large institutional investors owned at quarter end.
The first four questions
Progressive’s Snapshot telematics dataset can improve risk selection and pricing accuracy in personal auto, which is the core business line behind most revenue.
PGR can disappoint if execution, competition, valuation, or demand cycles weaken growth, margins, customer retention, or investor confidence.
Personal Auto Insurance
Next earnings date unavailable from configured sources.
Bull / Neutral / Bear
Progressive keeps turning personal auto insurance into durable cash flow, with the market focusing on how much of that strength is already reflected in the current valuation.
Forward P/E around 12.2x remains broadly consistent with the company’s growth profile.
Snapshot telematics continues to strengthen Progressive’s pricing edge in personal auto, while commercial auto and property add support in the background.
Revenue growth stays positive around the current +13.9% pace or improves.
Progressive keeps turning personal auto insurance into durable cash flow, with the market focusing on how much of that strength is already reflected in the current valuation.
Forward P/E around 12.2x remains broadly consistent with the company’s growth profile.
The stock can lose momentum if underwriting discipline, competition, or customer retention in auto insurance weakens the business engine investors are paying for.
Revenue growth slows, or ownership flow and business indicators weaken together.
Beginner checklist
Needs earnings calendar data from a provider.
This is the cleanest available growth read in the current dataset.
Margin trend needs company financial statement data; do not infer it from price movement.
This is the current valuation anchor, but it needs to be judged against growth and business quality.
No SEC-backed ownership rows are available for this ticker yet.
Needs insider transaction data from a provider.
For Progressive, this is the operating engine to watch first because it makes up about 75% of revenue.
The Progressive Corporation is exposure to insurance operating model with medium switching costs and 112% net revenue retention.
Snapshot telematics program creates massive proprietary driving behavior dataset, enabling superior risk selection and pricing accuracy vs traditional insurers
The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.
Pro access unlocks the workflow simulator for this company brief.
Simulator coverage pending
This ticker has a company brief, but richer workflow modules have not been built yet.
No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.
- Snapshot telematics program creates massive proprietary driving behavior dataset, enabling superior risk selection and pricing accuracy vs traditional insurers
- 20+ years of telematics data provides competitive moat in usage-based insurance, with 90%+ customer retention rates for Snapshot participants
- Direct-to-consumer distribution model and brand recognition reduce customer acquisition costs vs agency-dependent competitors
- AI-powered claims processing and fraud detection systems drive industry-leading expense ratios and faster claim settlement
- Scale advantages in data analytics and actuarial modeling become more pronounced as dataset grows larger
- Strong balance sheet and reserve management provide stability during catastrophic loss events