Progressive Corp (NYSE:PGR) — Market Cap & Net Worth
Market Cap & Net Worth: Progressive Corp (PGR)
Progressive Corp (NYSE:PGR) has a market capitalization of $116.77 Billion ($116.77 Billion) as of May 6, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #199 globally and #106 in its home market, demonstrating a -0.82% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Progressive Corp's stock price $199.24 by its total outstanding shares 586100000 (586.10 Million). Analyse Progressive Corp operating cash flow efficiency to see how efficiently the company converts income to cash.
Progressive Corp Market Cap History: 2015 to 2026
Progressive Corp's market capitalization history from 2015 to 2026. Data shows growth from $14.90 Billion to $116.77 Billion (21.24% CAGR).
Index Memberships
Progressive Corp is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$59.28 Trillion | 0.36% | #88 of 503 |
Weight: Progressive Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Progressive Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Progressive Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.67x
Progressive Corp's market cap is 1.67 times its annual revenue
Latest Price to Earnings (P/E) Ratio
13.14x
Progressive Corp's market cap is 13.14 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $17.13 Billion | $23.42 Billion | $1.03 Billion | 0.73x | 16.61x |
| 2017 | $27.67 Billion | $26.82 Billion | $1.59 Billion | 1.03x | 17.38x |
| 2018 | $30.27 Billion | $31.95 Billion | $2.62 Billion | 0.95x | 11.57x |
| 2019 | $37.88 Billion | $39.00 Billion | $3.97 Billion | 0.97x | 9.54x |
| 2020 | $53.59 Billion | $42.64 Billion | $5.70 Billion | 1.26x | 9.39x |
| 2021 | $59.40 Billion | $47.68 Billion | $3.35 Billion | 1.25x | 17.73x |
| 2022 | $75.32 Billion | $49.59 Billion | $722.00 Million | 1.52x | 104.32x |
| 2023 | $92.76 Billion | $62.08 Billion | $3.90 Billion | 1.49x | 23.77x |
| 2024 | $140.44 Billion | $75.34 Billion | $8.48 Billion | 1.86x | 16.56x |
| 2025 | $133.47 Billion | $79.91 Billion | $10.16 Billion | 1.67x | 13.14x |
Competitor Companies of PGR by Market Capitalization
Companies near Progressive Corp in the global market cap rankings as of May 6, 2026.
Key companies related to Progressive Corp by market ranking:
- Chubb Ltd (NYSE:CB): Ranked #181 globally with a market cap of $126.85 Billion USD.
- The Travelers Companies Inc (NYSE:TRV): Ranked #404 globally with a market cap of $65.20 Billion USD.
- The Allstate Corporation (NYSE:ALL): Ranked #480 globally with a market cap of $54.30 Billion USD.
- People's Insurance of China Ltd (SHG:601319): Ranked #714 globally with a market cap of $37.30 Billion USD ( CN¥254.87 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #181 | Chubb Ltd | NYSE:CB | $126.85 Billion | $325.12 |
| #404 | The Travelers Companies Inc | NYSE:TRV | $65.20 Billion | $301.53 |
| #480 | The Allstate Corporation | NYSE:ALL | $54.30 Billion | $219.87 |
| #714 | People's Insurance of China Ltd | SHG:601319 | $37.30 Billion | CN¥7.18 |
Progressive Corp Historical Marketcap From 2015 to 2026
Between 2015 and today, Progressive Corp's market cap moved from $14.90 Billion to $ 116.77 Billion, with a yearly change of 21.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $116.77 Billion | -12.51% |
| 2025 | $133.47 Billion | -4.96% |
| 2024 | $140.44 Billion | +51.39% |
| 2023 | $92.76 Billion | +23.16% |
| 2022 | $75.32 Billion | +26.81% |
| 2021 | $59.40 Billion | +10.84% |
| 2020 | $53.59 Billion | +41.48% |
| 2019 | $37.88 Billion | +25.12% |
| 2018 | $30.27 Billion | +9.39% |
| 2017 | $27.67 Billion | +61.59% |
| 2016 | $17.13 Billion | +14.90% |
| 2015 | $14.90 Billion | -- |
End of Day Market Cap According to Different Sources
On May 5th, 2026 the market cap of Progressive Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $116.77 Billion USD |
| MoneyControl | $116.77 Billion USD |
| MarketWatch | $116.77 Billion USD |
| marketcap.company | $116.77 Billion USD |
| Reuters | $116.77 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Progressive Corp
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, … Read more