Progressive Corporation (PGR)
Progressive Statistics
Share Statistics
Progressive has 586.21M shares outstanding. The number of shares has increased by 0.09% in one year.
Shares Outstanding | 586.21M |
Shares Change (YoY) | 0.09% |
Shares Change (QoQ) | 0.07% |
Owned by Institutions (%) | 85.68% |
Shares Floating | 584.57M |
Failed to Deliver (FTD) Shares | 7.23K |
FTD / Avg. Volume | 0.24% |
Short Selling Information
The latest short interest is 6.16M, so 1.05% of the outstanding shares have been sold short.
Short Interest | 6.16M |
Short % of Shares Out | 1.05% |
Short % of Float | 1.05% |
Short Ratio (days to cover) | 2.5 |
Valuation Ratios
The PE ratio is 16.55 and the forward PE ratio is 17.11. Progressive's PEG ratio is 0.14.
PE Ratio | 16.55 |
Forward PE | 17.11 |
PS Ratio | 16.01 |
Forward PS | 1.5 |
PB Ratio | 5.48 |
P/FCF Ratio | 9.46 |
PEG Ratio | 0.14 |
Enterprise Valuation
Progressive has an Enterprise Value (EV) of 147.07B.
EV / Sales | 16.78 |
EV / EBITDA | 0 |
EV / EBIT | 9.73 |
EV / FCF | 9.91 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.27.
Current Ratio | 0 |
Quick Ratio | 0 |
Debt / Equity | 0.27 |
Debt / EBITDA | - |
Debt / FCF | 0.46 |
Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 33.14% and Return on Invested Capital is 0%.
Return on Equity | 33.14% |
Return on Assets | 8.02% |
Return on Invested Capital | 0% |
Revenue Per Employee | $132.16K |
Profits Per Employee | $127.89K |
Employee Count | 66,308 |
Asset Turnover | 0.08 |
Inventory Turnover | n/a |
Taxes
Income Tax | -59M |
Effective Tax Rate | -0.7% |
Stock Price Statistics
The stock price has increased by 33.43% in the last 52 weeks. The beta is 0.35, so Progressive's price volatility has been higher than the market average.
Beta | 0.35 |
52-Week Price Change | 33.43% |
50-Day Moving Average | 267.33 |
200-Day Moving Average | 246.69 |
Relative Strength Index (RSI) | 57.08 |
Average Volume (20 Days) | 2.97M |
Income Statement
In the last 12 months, Progressive had revenue of 8.76B and earned 8.48B in profits. Earnings per share was 14.48.
Revenue | 8.76B |
Gross Profit | 8.76B |
Operating Income | 0 |
Net Income | 8.48B |
EBITDA | 0 |
EBIT | 8.7B |
Earnings Per Share (EPS) | 14.48 |
Balance Sheet
The company has 143M in cash and 6.89B in debt, giving a net cash position of -6.75B.
Cash & Cash Equivalents | 143M |
Total Debt | 6.89B |
Net Cash | -6.75B |
Retained Earnings | 24.28B |
Total Assets | 105.75B |
Working Capital | 95.57B |
Cash Flow
In the last 12 months, operating cash flow was 15.12B and capital expenditures -285M, giving a free cash flow of 14.83B.
Operating Cash Flow | 15.12B |
Capital Expenditures | -285M |
Free Cash Flow | 14.83B |
FCF Per Share | 25.33 |
Margins
Gross margin is 100%, with operating and profit margins of 0% and 96.77%.
Gross Margin | 100% |
Operating Margin | n/a |
Pretax Margin | 96.1% |
Profit Margin | 96.77% |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | 169.28% |
Dividends & Yields
PGR pays an annual dividend of $5, which amounts to a dividend yield of 1.72%.
Dividend Per Share | $5.00 |
Dividend Yield | 1.72% |
Dividend Growth (YoY) | 441.18% |
Payout Ratio | 34.7% |
Earnings Yield | 6.04% |
FCF Yield | 10.57% |
Analyst Forecast
The average price target for PGR is $285, which is 1.3% higher than the current price. The consensus rating is "Buy".
Price Target | $285 |
Price Target Difference | 1.3% |
Analyst Consensus | Buy |
Analyst Count | 17 |
Stock Splits
The last stock split was on May 19, 2006. It was a forward split with a ratio of 4:1.
Last Split Date | May 19, 2006 |
Split Type | forward |
Split Ratio | 4:1 |
Scores
Altman Z-Score | 3.14 |
Piotroski F-Score | 4 |