Company Valuation: Progressive Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 60,057 75,889 93,173 140,366 133,534 126,786 - -
Change - 26.36% 22.77% 50.65% -4.87% -5.05% - -
Enterprise Value (EV) 60,057 79,212 99,976 140,366 133,534 126,786 126,786 126,786
Change - 31.9% 26.21% 40.4% -4.87% -5.05% 0% 0%
P/E 18.1x 110x 24.2x 16.6x 11.8x 11.8x 13.3x 13.5x
PBR 3.38x 4.93x 4.71x 5.49x 4.4x 3.49x 3.02x 2.73x
PEG - -1.4x 0x 0x 0.4x -2.96x -1.2x -9.58x
Capitalization / Revenue 1.29x 1.49x 1.51x 1.89x 1.61x 1.45x 1.37x 1.29x
EV / Revenue 0x 0x 0x 0x 0x 1.45x 1.37x 1.29x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x - 11.9x 13.4x 13.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.9 0.4 1.15 4.9 13.9 8.816 7.234 7.118
Rate of return 1.85% 0.31% 0.72% 2.04% 6.1% 4.04% 3.32% 3.26%
EPS 2 5.66 1.18 6.58 14.4 19.23 18.46 16.42 16.19
Distribution rate 33.6% 33.9% 17.5% 34% 72.3% 47.7% 44.1% 44%
Net sales 1 46,405 51,081 61,550 74,424 83,174 87,318 92,543 98,559
EBITDA - - 5,472 - - - - -
EBIT 1 4,429 1,166 5,172 10,992 - 10,624 9,496 9,406
Net income 1 3,351 721.5 3,902 8,480 11,308 10,855 9,515 9,309
Net Debt - 3,323 6,804 - - - - -
Reference price 2 102.65 129.71 159.28 239.61 227.72 218.08 218.08 218.08
Nbr of stocks (in thousands) 585,064 585,070 584,961 585,812 586,397 581,372 - -
Announcement Date 1/26/22 1/25/23 1/24/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.81x - - 4.04% 127B
7.82x0.61x - 4.76% 48.35B
16.67x2.59x17.45x4% 16.64B
20.27x2.49x - 5.58% 14.27B
6.95x - - 1.25% 5.65B
11.04x - - 5.73% 3.55B
72.55x - - - 1.36B
10.23x1.08x3.8x6.27% 1.36B
Average 19.67x 1.69x 10.62x 4.52% 27.24B
Weighted average by Cap. 12.08x 1.36x 16.42x 4.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. PGR Stock
  4. Valuation Progressive Corporation