Progressive Corp (NYSE:PGR) — Market Cap & Net Worth
Market Cap & Net Worth: Progressive Corp (PGR)
Progressive Corp (NYSE:PGR) has a market capitalization of $120.31 Billion ($120.31 Billion) as of September 23, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #207 globally and #112 in its home market, demonstrating a -6.37% 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 $206.94 by its total outstanding shares 581371770 (581.37 Million). Also see how large is Progressive Corp's balance sheet for a full breakdown of the balance sheet.
Progressive Corp Market Cap History: 2015 to 2026
Progressive Corp's market capitalization history from 2015 to 2026. Data shows growth from $14.78 Billion to $120.31 Billion (20.83% CAGR). Also see PGR cash flow metrics for how efficiently the company converts equity into cash flow.
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
|
$63.30 Trillion | 0.36% | #90 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. Check today's stock price for Progressive Corp for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
1.51x
Progressive Corp's market cap is 1.51 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.71x
Progressive Corp's market cap is 11.71 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 | $16.99 Billion | $23.42 Billion | $1.03 Billion | 0.73x | 16.48x |
| 2017 | $27.45 Billion | $26.82 Billion | $1.59 Billion | 1.02x | 17.24x |
| 2018 | $30.03 Billion | $31.95 Billion | $2.62 Billion | 0.94x | 11.48x |
| 2019 | $37.57 Billion | $39.00 Billion | $3.97 Billion | 0.96x | 9.46x |
| 2020 | $53.16 Billion | $42.64 Billion | $5.70 Billion | 1.25x | 9.32x |
| 2021 | $58.92 Billion | $47.68 Billion | $3.35 Billion | 1.24x | 17.58x |
| 2022 | $74.71 Billion | $49.59 Billion | $722.00 Million | 1.51x | 103.48x |
| 2023 | $92.01 Billion | $62.08 Billion | $3.90 Billion | 1.48x | 23.58x |
| 2024 | $139.30 Billion | $75.34 Billion | $8.48 Billion | 1.85x | 16.43x |
| 2025 | $132.39 Billion | $87.64 Billion | $11.31 Billion | 1.51x | 11.71x |
Competitor Companies of PGR by Market Capitalization
Companies near Progressive Corp in the global market cap rankings as of September 23, 2026. Review Progressive Corp (PGR) tangible equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Progressive Corp by market ranking:
- Chubb Ltd (NYSE:CB): Ranked #199 globally with a market cap of $124.22 Billion USD.
- The Travelers Companies Inc (NYSE:TRV): Ranked #365 globally with a market cap of $75.51 Billion USD.
- The Allstate Corporation (NYSE:ALL): Ranked #474 globally with a market cap of $58.03 Billion USD.
- People's Insurance of China Ltd (SHG:601319): Ranked #655 globally with a market cap of $42.44 Billion USD ( CN¥290.02 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #199 | Chubb Ltd | NYSE:CB | $124.22 Billion | $335.77 |
| #365 | The Travelers Companies Inc | NYSE:TRV | $75.51 Billion | $362.01 |
| #474 | The Allstate Corporation | NYSE:ALL | $58.03 Billion | $229.50 |
| #655 | People's Insurance of China Ltd | SHG:601319 | $42.44 Billion | CN¥8.17 |
Progressive Corp Historical Marketcap From 2015 to 2026
Between 2015 and today, Progressive Corp's market cap moved from $14.78 Billion to $ 120.31 Billion, with a yearly change of 20.83%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $120.31 Billion | -9.13% |
| 2025 | $132.39 Billion | -4.96% |
| 2024 | $139.30 Billion | +51.39% |
| 2023 | $92.01 Billion | +23.16% |
| 2022 | $74.71 Billion | +26.81% |
| 2021 | $58.92 Billion | +10.84% |
| 2020 | $53.16 Billion | +41.48% |
| 2019 | $37.57 Billion | +25.12% |
| 2018 | $30.03 Billion | +9.39% |
| 2017 | $27.45 Billion | +61.59% |
| 2016 | $16.99 Billion | +14.90% |
| 2015 | $14.78 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 23rd, 2026 the market cap of Progressive Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $120.31 Billion USD |
| MoneyControl | $120.31 Billion USD |
| MarketWatch | $120.31 Billion USD |
| marketcap.company | $120.31 Billion USD |
| Reuters | $120.31 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. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, … Read more