As of June 13, 2025, Progressive Corp (PGR) reports a Net Margin of 11.26%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of Progressive Corp's Net Margin
Over recent years, Progressive Corp's Net Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2024-12-31 | 11.26% |
| 2023-12-31 | 6.29% |
| 2022-12-31 | 1.46% |
| 2021-12-31 | 7.03% |
| 2020-12-31 | 13.38% |
This slight upward trend highlights how Progressive Corp manages its overall profitability and cost control over time.
Comparing Progressive Corp's Net Margin to Peers
To better understand Progressive Corp's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| Progressive Corp (PGR) | 11.26% |
| Assured Guaranty Ltd (AGO) | 51.16% |
| Arch Capital Group Ltd (ACGL) | 25.58% |
| Cincinnati Financial Corp (CINF) | 20.22% |
| Rli Corp (RLI) | 19.53% |
| AXIS Capital Holdings Ltd (AXS) | 18.16% |
Compared to its competitors, Progressive Corp's Net Margin is about average compared to peers, reflecting typical industry profitability.