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The Progressive Corporation (PGR)

(Delayed Data from NYSE)

$107.10 USD

107.10
1,554,380

+1.05 (0.99%)

Updated May 14, 2021 04:00 PM ET

After-Market: $107.08 -0.02 (-0.02%) 5:04 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value C Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 34% (165 out of 251)

Industry: Insurance - Property and Casualty

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Balance Sheet

Research for PGR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for The Progressive Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 5,295 2,026 1,871 3,145 3,799
Receivables 12,356 11,068 9,384 7,816 6,498
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 17,651 13,094 11,255 10,960 10,297
Net Property & Equipment 1,106 1,214 1,132 1,120 1,177
Investments & Advances 42,312 37,456 31,772 24,405 19,910
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,237 1,057 995 781 651
Intangibles 624 681 747 819 882
Deposits & Other Assets 1,168 1,395 675 616 510
Total Assets 64,098 54,895 46,575 38,701 33,428
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 0 0 0 0
Accounts Payable 41,354 36,457 31,134 25,471 21,727
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 41,354 36,457 31,134 25,471 21,727
Mortgages 0 0 0 0 0
Deferred Taxes/Income 310 133 0 135 111
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,396 4,407 4,405 3,306 3,148
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 226 215 504 484
Total Liabilities 47,060 41,222 35,753 29,416 25,470
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 494 494 494 0 0
Common Stock (Par) 585 585 583 582 580
Capital Surplus 1,673 1,573 1,479 1,389 1,303
Retained Earnings 13,355 10,680 8,387 6,032 5,140
Other Equity 932 342 -121 1,282 933
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 17,039 13,673 10,822 9,285 7,957
Total Liabilities & Shareholder's Equity 64,098 54,895 46,575 38,701 33,428
Total Common Equity 16,545 13,179 10,328 9,285 7,957
Shares Outstanding 585.60 584.60 582.50 581.70 579.90
Book Value Per Share 28.25 22.54 17.73 15.96 13.72

Fiscal Year End for The Progressive Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Assets          
Cash & Equivalents 2,366 5,295 4,759 4,810 2,895
Receivables 13,528 12,356 12,743 11,403 11,380
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 15,894 17,651 17,502 16,212 14,274
Net Property & Equipment 1,077 1,106 1,182 1,190 1,215
Investments & Advances 45,158 42,312 41,097 39,077 37,818
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,309 1,237 1,265 1,155 1,130
Intangibles 610 624 638 652 667
Deposits & Other Assets 1,365 1,168 1,208 1,120 1,161
Total Assets 65,413 64,098 62,891 59,406 56,265
Liabilities & Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 41,939 41,354 39,194 37,144 36,294
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 41,939 41,354 39,194 37,144 36,294
Mortgages 0 0 0 0 0
Deferred Taxes/Income 242 310 214 197 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,397 5,396 5,395 5,395 5,394
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 226
Total Liabilities 47,577 47,060 44,804 42,736 41,914
Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Preferred Stock 494 494 494 494 494
Common Stock (Par) 585 585 586 585 585
Capital Surplus 1,686 1,673 1,629 1,615 1,602
Retained Earnings 14,680 13,355 14,428 13,002 11,266
Other Equity 392 932 951 975 404
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 17,837 17,039 18,087 16,671 14,352
Total Liabilities & Shareholder's Equity 65,413 64,098 62,891 59,406 56,265
Total Common Equity 17,343 16,545 17,593 16,177 13,858
Shares Outstanding 585.10 585.60 585.60 585.40 585.30
Book Value Per Share 29.64 28.25 30.04 27.63 23.68