PROGRESSIVE CORP/OH/
PGR · Fire, Marine & Casualty Insurance · 584.3M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $150M (gross $271M, SBC $121M)
Reference price $216.33 · est. market cap ~$126.4B — last insider sale, 2026-06-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A88Progressive — best-in-class auto insurer with elite returns.
Strengths
- ROE 37% (98th pct), ROA (96th)
- Revenue +16% with disciplined underwriting
- Free cash flow 97th pct
Risks
- Auto-severity inflation
- Competitive pricing cycle
- Catastrophe exposure
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
12.9%
Return on equity
37.3%
Return on assets
9.2%
Revenue growth (QoQ)
-2.5%
Net-income growth
33.3%
Free cash flow
$17.2B
Tangible book value
$30.3B
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-24 | KELLY JEFFREY D | Sell | 7.0K | $216.33 |
| 2026-06-22 | Broz Steven | Sell | 1.2K | $204.76 |
| 2026-06-05 | Murphy John Jo | Sell | 5.9K | $200.00 |
| 2026-06-05 | Broz Steven | Sell | 1.2K | $200.00 |
| 2026-05-08 | Johnson Devin C | Grant | 1.9K | — |
| 2026-05-08 | FITT LAWTON W | Grant | 3.1K | — |
| 2026-05-08 | FARAH ROGER N | Grant | 2.0K | — |
| 2026-05-08 | DAVIS CHARLES A | Grant | 2.0K | — |
| 2026-05-08 | Craig Pamela J. | Grant | 1.2K | — |
| 2026-05-08 | Burgdoerfer Stuart B | Grant | 1.2K | — |
| 2026-05-08 | Bleser Philip | Grant | 1.1K | — |
| 2026-05-08 | KELLY JEFFREY D | Grant | 1.1K | — |
| 2026-05-08 | Van Dyke Kahina | Grant | 1.9K | — |
| 2026-05-08 | Snyder Barbara R | Grant | 1.8K | — |
| 2026-04-16 | Johnson Devin C | Sell | 980 | $203.10 |
| 2026-04-10 | Bleser Philip | Disposition | 739 | — |
| 2026-04-10 | FITT LAWTON W | Disposition | 2.0K | — |
| 2026-04-10 | FARAH ROGER N | Disposition | 1.3K | — |
| 2026-04-10 | DAVIS CHARLES A | Disposition | 1.2K | — |
| 2026-04-10 | Craig Pamela J. | Disposition | 781 | — |
| 2026-03-20 | Joyce Carl G | Sell | 270 | $206.50 |
| 2026-03-05 | Bailo Karen | Sell | 3.5K | $212.00 |
| 2026-03-05 | Joyce Carl G | Sell | 141 | $212.00 |
| 2026-02-24 | Pumarejo Maribel | Sell | 739 | $203.25 |
| 2026-02-23 | Bauer Jonathan S. | Sell | 2.3K | $203.05 |
| 2026-02-20 | Sauerland John P | Grant | 3.5K | — |
| 2026-02-20 | Sauerland John P | Tax withheld | 1.6K | $202.27 |
| 2026-02-20 | Griffith Susan Patricia | Grant | 11K | — |
| 2026-02-20 | Griffith Susan Patricia | Tax withheld | 5.0K | $202.70 |
| 2026-02-20 | Bauer Jonathan S. | Grant | 4.2K | — |
| 2026-02-20 | Bauer Jonathan S. | Tax withheld | 2.0K | $202.27 |
| 2026-01-21 | Quigg Andrew J | Sell | 1.6K | $204.35 |
| 2026-01-21 | Bauer Jonathan S. | Sell | 3.1K | $204.35 |
| 2026-01-20 | Quigg Andrew J | Tax withheld | 1.5K | $201.32 |
| 2026-01-20 | Stringer David M | Option exercise | 1.4K | — |
| 2026-01-20 | Stringer David M | Tax withheld | 469 | $201.32 |
| 2026-01-20 | Sauerland John P | Option exercise | 6.8K | — |
| 2026-01-20 | Sauerland John P | Tax withheld | 2.3K | $201.32 |
| 2026-01-20 | Quigg Andrew J | Option exercise | 4.8K | — |
| 2026-01-20 | Pumarejo Maribel | Option exercise | 1.1K | — |
| 2026-01-20 | Pumarejo Maribel | Tax withheld | 373 | $201.32 |
| 2026-01-20 | Niederst Lori A | Option exercise | 5.1K | — |
| 2026-01-20 | Niederst Lori A | Tax withheld | 1.6K | $201.32 |
| 2026-01-20 | Murphy John Jo | Option exercise | 5.4K | — |
| 2026-01-20 | Murphy John Jo | Tax withheld | 1.7K | $201.32 |
| 2026-01-20 | Joyce Carl G | Option exercise | 486 | — |
| 2026-01-20 | Joyce Carl G | Tax withheld | 172 | $201.32 |
| 2026-01-20 | Griffith Susan Patricia | Option exercise | 24K | — |
| 2026-01-20 | Griffith Susan Patricia | Tax withheld | 10K | $201.32 |
| 2026-01-20 | Clawson William L. II | Option exercise | 3.1K | — |
| 2026-01-20 | Clawson William L. II | Tax withheld | 960 | $201.32 |
| 2026-01-20 | Callahan Patrick K | Option exercise | 6.3K | — |
| 2026-01-20 | Callahan Patrick K | Tax withheld | 2.0K | $201.32 |
| 2026-01-20 | Broz Steven | Option exercise | 5.0K | — |
| 2026-01-20 | Broz Steven | Tax withheld | 1.5K | $201.32 |
| 2026-01-20 | Bauer Jonathan S. | Option exercise | 4.6K | — |
| 2026-01-20 | Bauer Jonathan S. | Tax withheld | 1.5K | $201.32 |
| 2026-01-20 | Bailo Karen | Option exercise | 5.1K | — |
| 2026-01-20 | Bailo Karen | Tax withheld | 1.5K | $201.32 |
| 2025-12-23 | DAVIS CHARLES A | Gift | 88K | — |
| 2025-12-19 | Broz Steven | Sell | 1.3K | $224.80 |
| 2025-11-28 | Bauer Jonathan S. | Gift | 450 | — |
| 2025-11-28 | Sauerland John P | Sell | 5.0K | $228.48 |
| 2025-11-21 | Broz Steven | Sell | 1.3K | $228.29 |
| 2025-11-11 | Broz Steven | Sell | 1.3K | $220.00 |
| 2025-09-19 | Callahan Patrick K | Sell | 6.4K | $242.22 |
| 2025-09-19 | Murphy John Jo | Sell | 2.2K | $242.10 |
| 2025-09-19 | Broz Steven | Sell | 1.3K | $242.10 |
| 2025-09-02 | Griffith Susan Patricia | Sell | 31K | $246.06 |
| 2025-09-02 | Griffith Susan Patricia | Gift | 5.0K | — |
| 2025-08-22 | Broz Steven | Sell | 1.3K | $250.78 |
| 2025-08-22 | Murphy John Jo | Sell | 2.2K | $250.78 |
| 2025-08-22 | Callahan Patrick K | Sell | 6.2K | $249.96 |
| 2025-08-14 | Niederst Lori A | Sell | 8.1K | $250.18 |
| 2025-07-28 | Quigg Andrew J | Sell | 3.2K | $249.24 |
| 2025-07-28 | Sauerland John P | Sell | 17K | $249.24 |
| 2025-07-28 | Griffith Susan Patricia | Sell | 31K | $242.12 |
| 2025-07-28 | Bauer Jonathan S. | Sell | 2.4K | $249.24 |
| 2025-07-28 | Bailo Karen | Sell | 8.9K | $249.24 |
| 2025-07-28 | Murphy John Jo | Sell | 2.2K | $249.24 |
| 2025-07-28 | Callahan Patrick K | Sell | 6.2K | $242.16 |
| 2025-07-25 | Bailo Karen | Tax withheld | 7.2K | $249.44 |
| 2025-07-25 | Sauerland John P | Grant | 30K | — |
| 2025-07-25 | Stringer David M | Tax withheld | 257 | $249.44 |
| 2025-07-25 | Sauerland John P | Tax withheld | 14K | $249.44 |
| 2025-07-25 | Quigg Andrew J | Grant | 12K | — |
| 2025-07-25 | Quigg Andrew J | Tax withheld | 5.2K | $249.44 |
| 2025-07-25 | Niederst Lori A | Grant | 15K | — |
| 2025-07-25 | Niederst Lori A | Tax withheld | 6.6K | $249.44 |
| 2025-07-25 | Murphy John Jo | Grant | 16K | — |
| 2025-07-25 | Murphy John Jo | Tax withheld | 7.2K | $249.44 |
| 2025-07-25 | Griffith Susan Patricia | Grant | 111K | — |
| 2025-07-25 | Griffith Susan Patricia | Tax withheld | 50K | $249.44 |
| 2025-07-25 | Clawson William L. II | Grant | 7.8K | — |
| 2025-07-25 | Clawson William L. II | Tax withheld | 3.4K | $249.44 |
| 2025-07-25 | Callahan Patrick K | Grant | 34K | — |
| 2025-07-25 | Callahan Patrick K | Tax withheld | 15K | $249.44 |
| 2025-07-25 | Broz Steven | Grant | 12K | — |
| 2025-07-25 | Stringer David M | Grant | 569 | — |
| 2025-07-25 | Broz Steven | Tax withheld | 5.5K | $249.44 |
| 2025-07-25 | Bauer Jonathan S. | Grant | 4.5K | — |
| 2025-07-25 | Bauer Jonathan S. | Tax withheld | 2.1K | $249.44 |
| 2025-07-25 | Bailo Karen | Grant | 16K | — |
| 2025-07-18 | Broz Steven | Sell | 1.3K | $247.54 |
| 2025-07-07 | Griffith Susan Patricia | Gift | 2.3K | — |
| 2025-07-07 | Griffith Susan Patricia | Gift | 2.7K | — |
| 2025-07-01 | Snyder Barbara R | Disposition | 56 | $265.49 |
| 2025-07-01 | Snyder Barbara R | Option exercise | 774 | — |
| 2025-06-30 | Sauerland John P | Sell | 10K | $263.79 |
| 2025-06-20 | Broz Steven | Sell | 1.3K | $260.38 |
| 2025-06-20 | Burgdoerfer Stuart B | Sell | 3.7K | $260.43 |
| 2025-06-20 | Murphy John Jo | Sell | 4.0K | $260.38 |
| 2025-05-28 | Sauerland John P | Sell | 10K | $275.37 |
| 2025-05-23 | Broz Steven | Sell | 1.3K | $277.81 |
| 2025-05-22 | Van Dyke Kahina | Sell | 2.5K | $277.67 |
| 2025-05-09 | Bleser Philip | Grant | 739 | — |
| 2025-05-09 | FARAH ROGER N | Grant | 1.3K | — |
| 2025-05-09 | Van Dyke Kahina | Grant | 1.2K | — |
| 2025-05-09 | Snyder Barbara R | Grant | 1.1K | — |
| 2025-05-09 | KELLY JEFFREY D | Grant | 707 | — |
| 2025-05-09 | Johnson Devin C | Grant | 1.2K | — |
| 2025-05-09 | FITT LAWTON W | Grant | 2.0K | — |
| 2025-05-09 | DAVIS CHARLES A | Grant | 1.2K | — |
| 2025-05-09 | Craig Pamela J. | Grant | 781 | — |
| 2025-05-09 | Burgdoerfer Stuart B | Grant | 802 | — |
| 2025-04-28 | Sauerland John P | Sell | 10K | $268.59 |
| 2025-04-11 | FARAH ROGER N | Disposition | 1.7K | — |
| 2025-04-11 | FITT LAWTON W | Disposition | 2.6K | — |
| 2025-04-11 | Craig Pamela J. | Disposition | 1.0K | — |
| 2025-04-11 | Bleser Philip | Disposition | 974 | — |
| 2025-03-28 | Sauerland John P | Sell | 10K | $275.94 |
| 2025-03-25 | Johnson Devin C | Sell | 400 | $275.04 |
| 2025-03-21 | Joyce Carl G | Sell | 360 | $276.17 |
| 2025-03-17 | Bauer Jonathan S. | Sell | 1.7K | $282.66 |
| 2025-03-17 | Sauerland John P | Sell | 1.5K | $282.66 |
| 2025-03-06 | Bauer Jonathan S. | Sell | 1.2K | $281.00 |
| 2025-03-06 | Callahan Patrick K | Sell | 4.7K | $279.70 |
| 2025-02-28 | Sauerland John P | Sell | 10K | $279.94 |
| 2025-02-21 | Bauer Jonathan S. | Tax withheld | 1.5K | $267.42 |
| 2025-02-21 | Sauerland John P | Grant | 2.8K | — |
| 2025-02-21 | Sauerland John P | Tax withheld | 1.3K | $267.42 |
| 2025-02-21 | Griffith Susan Patricia | Grant | 8.8K | — |
| 2025-02-21 | Griffith Susan Patricia | Tax withheld | 3.9K | $267.42 |
| 2025-02-21 | Bauer Jonathan S. | Grant | 3.2K | — |
| 2025-01-30 | Niederst Lori A | Sell | 3.9K | $247.06 |
| 2025-01-29 | KELLY JEFFREY D | Sell | 10K | $250.00 |
| 2025-01-28 | Sauerland John P | Sell | 10K | $246.69 |
| 2025-01-22 | Murphy John Jo | Sell | 2.3K | $243.29 |
| 2025-01-22 | Griffith Susan Patricia | Sell | 11K | $243.29 |
| 2025-01-22 | Marshall Mariann Wojtkun | Sell | 585 | $243.29 |
| 2025-01-22 | Bailo Karen | Sell | 2.1K | $243.29 |
| 2025-01-22 | Quigg Andrew J | Sell | 962 | $243.29 |
| 2025-01-21 | Clawson William L. II | Tax withheld | 522 | $243.34 |
| 2025-01-21 | Stringer David M | Option exercise | 957 | — |
| 2025-01-21 | Stringer David M | Tax withheld | 289 | $243.34 |
| 2025-01-21 | Sauerland John P | Option exercise | 4.6K | — |
| 2025-01-21 | Sauerland John P | Tax withheld | 2.0K | $243.34 |
| 2025-01-21 | Quigg Andrew J | Option exercise | 3.2K | — |
| 2025-01-21 | Quigg Andrew J | Tax withheld | 1.1K | $243.34 |
| 2025-01-21 | Niederst Lori A | Option exercise | 3.5K | — |
| 2025-01-21 | Niederst Lori A | Tax withheld | 1.3K | $243.34 |
| 2025-01-21 | Murphy John Jo | Option exercise | 3.7K | — |
| 2025-01-21 | Murphy John Jo | Tax withheld | 1.4K | $243.34 |
| 2025-01-21 | Marshall Mariann Wojtkun | Option exercise | 868 | — |
| 2025-01-21 | Marshall Mariann Wojtkun | Tax withheld | 282 | $243.34 |
| 2025-01-21 | Kent Remi | Option exercise | 3.4K | — |
| 2025-01-21 | Kent Remi | Tax withheld | 1.1K | $243.34 |
| 2025-01-21 | Griffith Susan Patricia | Option exercise | 20K | — |
| 2025-01-21 | Griffith Susan Patricia | Tax withheld | 9.0K | $243.34 |
| 2025-01-21 | Clawson William L. II | Option exercise | 1.7K | — |
| 2025-01-21 | Callahan Patrick K | Option exercise | 4.3K | — |
| 2025-01-21 | Callahan Patrick K | Tax withheld | 1.7K | $243.34 |
| 2025-01-21 | Broz Steven | Option exercise | 3.4K | — |
| 2025-01-21 | Broz Steven | Tax withheld | 1.3K | $243.34 |
| 2025-01-21 | Bauer Jonathan S. | Option exercise | 3.1K | — |
| 2025-01-21 | Bauer Jonathan S. | Tax withheld | 1.1K | $243.34 |
| 2025-01-21 | Bailo Karen | Option exercise | 3.3K | — |
| 2025-01-21 | Bailo Karen | Tax withheld | 1.2K | $243.34 |
| 2025-01-03 | Bailo Karen | Sell | 1.4K | $242.10 |
| 2025-01-03 | Quigg Andrew J | Sell | 681 | $242.10 |
| 2025-01-03 | Murphy John Jo | Sell | 1.7K | $242.10 |
| 2025-01-03 | Marshall Mariann Wojtkun | Sell | 191 | $242.10 |
| 2025-01-03 | Griffith Susan Patricia | Sell | 9.1K | $242.10 |
| 2025-01-02 | Griffith Susan Patricia | Gift | 3.4K | — |
| 2025-01-01 | Quigg Andrew J | Tax withheld | 644 | $240.31 |
| 2025-01-01 | Niederst Lori A | Tax withheld | 763 | $240.31 |
| 2025-01-01 | Murphy John Jo | Option exercise | 2.4K | — |
| 2025-01-01 | Murphy John Jo | Tax withheld | 763 | $240.31 |
| 2025-01-01 | Marshall Mariann Wojtkun | Option exercise | 298 | — |
| 2025-01-01 | Marshall Mariann Wojtkun | Tax withheld | 107 | $240.31 |
| 2025-01-01 | Griffith Susan Patricia | Option exercise | 15K | — |
| 2025-01-01 | Griffith Susan Patricia | Tax withheld | 6.3K | $240.31 |
| 2025-01-01 | Clawson William L. II | Option exercise | 608 | — |
| 2025-01-01 | Clawson William L. II | Tax withheld | 215 | $240.31 |
| 2025-01-01 | Callahan Patrick K | Option exercise | 3.0K | — |
| 2025-01-01 | Callahan Patrick K | Tax withheld | 888 | $240.31 |
| 2025-01-01 | Broz Steven | Option exercise | 2.4K | — |
| 2025-01-01 | Broz Steven | Tax withheld | 763 | $240.31 |
| 2025-01-01 | Bauer Jonathan S. | Option exercise | 1.9K | — |
| 2025-01-01 | Bauer Jonathan S. | Tax withheld | 661 | $240.31 |
| 2025-01-01 | Bailo Karen | Option exercise | 2.1K | — |
| 2025-01-01 | Niederst Lori A | Option exercise | 2.4K | — |
| 2025-01-01 | Bailo Karen | Tax withheld | 657 | $240.31 |
| 2025-01-01 | Stringer David M | Option exercise | 656 | — |
| 2025-01-01 | Stringer David M | Tax withheld | 232 | $240.31 |
| 2025-01-01 | Sauerland John P | Option exercise | 3.5K | — |
| 2025-01-01 | Sauerland John P | Tax withheld | 1.1K | $240.31 |
| 2025-01-01 | Quigg Andrew J | Option exercise | 2.2K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-20 | Reg FDExhibits | filing ↗ |
| 2026-05-12 | Exec/director changeShareholder voteReg FDExhibits | filing ↗ |
| 2026-04-15 | ResultsExhibits | filing ↗ |
| 2026-03-26 | OtherExhibits | filing ↗ |
| 2026-03-18 | Reg FDExhibits | filing ↗ |
| 2026-02-18 | Reg FDExhibits | filing ↗ |
| 2026-01-28 | ResultsExec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-11 | 0000080661-26-000210 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0000080661-26-000204 ↗ |
| 8-K | 2026-05-12 | 2026-05-08 | 0000080661-26-000200 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0000080661-26-000177 ↗ |
| 8-K | 2026-04-15 | 2026-04-15 | 0000080661-26-000173 ↗ |
| 8-K | 2026-03-26 | 2026-03-23 | 0001193125-26-125238 ↗ |
| 8-K | 2026-03-18 | 2026-03-18 | 0000080661-26-000096 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0000080661-26-000086 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0000080661-26-000075 ↗ |
| 8-K | 2026-01-28 | 2026-01-26 | 0000080661-26-000071 ↗ |
| 8-K | 2025-12-17 | 2025-12-17 | 0000080661-25-000142 ↗ |
| 8-K | 2025-11-19 | 2025-11-19 | 0000080661-25-000134 ↗ |