PGR is the ticker symbol for PROGRESSIVE CORP/OH/, a publicly traded Financials sector company listed on NYSE. 13F Pro tracks PGR with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is PGR a good stock to buy?

13F Pro's AI ranking engine scores PGR at 79.1/100, ranked #41 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for PGR is available at https://13fpro.ai/company/PGR. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source PGR data?

All PROGRESSIVE CORP/OH/ fundamentals and ownership data come directly from SEC EDGAR. PROGRESSIVE CORP/OH/ files with the SEC under CIK 80661. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

PROGRESSIVE CORP/OH/ PGR

NYSELarge CapFinancials

13F Pro quality score

Rank #41 of 2,925TOP 5%

Why it scores 79 Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$23.61B

Quarter to Jun 30

Net income

$3.31B

Quarter to Jun 30

Free cash flow

$3.47B

Quarter to Jun 30

Operating margin

17.8%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$110.73B total

BlackRock, Inc.

$10.50B-8.2%

VANGUARD CAPITAL MANAGEMENT LLC

$8.33B+0.1%

Capital Research Global Investors

$5.80B+17.6%

STATE STREET CORP

$5.79B+2.5%

GEODE CAPITAL MANAGEMENT, LLC

$3.71B+4.6%

Capital World Investors

$2.73B-11.9%

BANK OF AMERICA CORP /DE/

$2.68B-4.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

$2.55B-0.1%

$2.45B+43.2%

$2.26B-15.1%

$2.03B+5.3%

$1.89B--

ALLIANCEBERNSTEIN L.P.

$1.82B-9.7%

Capital International Investors

$1.68B-12.7%

MASSACHUSETTS FINANCIAL SERVICES CO /MA/

$1.67B-36.7%

GQG Partners LLC

$1.54B-22.9%

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME

$1.48B+6.4%

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$1.33B+128.7%

NORTHERN TRUST CORP

$1.26B-1.1%

WELLINGTON MANAGEMENT GROUP LLP

$1.25B-11.6%

Artisan Partners Limited Partnership

$1.12B-1.5%

PRICE T ROWE ASSOCIATES INC /MD/

$1.12B-0.3%

GOLDMAN SACHS GROUP INC

$1.10B-1.0%

DEUTSCHE BANK AG\

$1.10B+4.3%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$1.05B+8.1%

See all 1,834 institutional holders →

What's Driving PGR's Business? Latest 10-Q Breakdown

27/27 datapoints verified

AI-extracted from the 10-Q filed 2026-08-03 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Total revenues rose to $23.6B and net income to $3.3B, but the companywide underwriting margin fell to 12.7% from 13.8% on higher severity and advertising.

Biggest Revenue Drivers

Net premiums earned$21.6B+6% YoY

Policies in force grew 7% year over year, surpassing 40 million, with 0.5 million added during the quarter.

Investment income$979M+12% YoY

Increase primarily reflects growth in invested assets.

Biggest Revenue Drivers

Total revenue: $23.6B

Net premiums earned$21.6B+6% YoY

Policies in force grew 7% year over year, surpassing 40 million, with 0.5 million added during the quarter.

Within Net premiums earned

Personal Lines$18,880M+8% YoY

Growth driven by personal auto policies in force, up 9% versus June 30, 2025.

Commercial Lines$2,691M-3% YoY

Shift to business market targets with lower average written premiums and more 6-month term policies.

Investment income$979M+12% YoY

Increase primarily reflects growth in invested assets.

Net realized gains on securities$604M

Driven by $588M of net holding period gains, mostly on equity securities.

Largest Expense Items

Losses and loss adjustment expenses$14,572Mloss/LAE ratio +0.6 pts YoY to 67.4%

Higher severity, partially offset by $551M of favorable prior accident years reserve development.

Other underwriting expenses$3,009M

Includes employee compensation and a $230M increase in the premiums receivable credit loss allowance.

Policy acquisition costs$1,567M

Advertising spend was $1.4 billion, 16% higher than the second quarter last year.

Interest expense$88M

Reflects $1.5 billion of senior notes issued in March 2026.

Margins: Companywide underwriting margin was 12.7%, down 1.1 points, from a 0.6 point higher loss/LAE ratio on severity and a 0.5 point higher expense ratio on advertising. Personal Lines fell to 12.4% from 14.0%; Commercial Lines rose to 14.7%.

Watch Items from the Filing

Personal auto bodily injury severity rose 7% in the quarter on higher medical costs, more large losses, and a higher rate of attorney-represented claims.
Favorable prior-year reserve development of $551M benefited the combined ratio by 2.6 points, versus 1.6 points a year ago.
Trailing 12-month personal auto policy life expectancy fell 8% and personal property 8%, attributed to increased shopping and competition.
Certified class actions in Colorado, North Carolina, and Ohio over total-loss negotiation adjustments; losses reasonably possible but not estimable, and could be material in aggregate.
Catastrophe losses were $773M, 3.6 points of the combined ratio, versus $707M and 3.5 points a year ago.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Loading ratio trend…

PROGRESSIVE CORP/OH/ reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$87.7B	$11.3B	16.2%
FY 2024	10-K	$75.4B	$8.5B	14.2%
FY 2023	10-K	$62.1B	$3.9B	7.9%
FY 2022	10-K	$49.6B	$722.0M	1.9%
FY 2021	10-K	$47.7B	$3.4B	8.8%
FY 2020	10-K	$42.7B	$5.7B	16.8%

About PROGRESSIVE CORP/OH/ (PGR): stock profile, AI score and financials

PROGRESSIVE CORP/OH/ (PGR) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores PGR at 79.1/100 on a composite quality score built from its SEC filings, placing it at rank #41 of 2,925 stocks — the top 5% of the AI-ranked universe. PGR scores in the top quartile across revenue scale (98.3), balance sheet strength (84.8). Based on the latest XBRL financial filings (Q2 2026), PROGRESSIVE CORP/OH/ reports quarterly revenue of $23.6B, net income of $3.3B, an operating margin of 17.8%. Top institutional holders of PGR by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, Capital Research Global Investors, based on the most recent SEC filings. PGR trades on the NYSE exchange and files with the SEC under CIK 80661. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PGR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PROGRESSIVE CORP/OH/ directly from SEC EDGAR.

SEC EDGAR: CIK 80661 →

PROGRESSIVE CORP/OH/ PGR

Top Institutional Holders

What's Driving PGR's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

PGR key financials by period

PGR insiders

Congress trading in PGR

About PROGRESSIVE CORP/OH/ (PGR): stock profile, AI score and financials

PROGRESSIVE CORP/OH/ PGR

Top Institutional Holders

What's Driving PGR's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

PGR key financials by period

Companies similar to PGR

PGR insiders

Congress trading in PGR

About PROGRESSIVE CORP/OH/ (PGR): stock profile, AI score and financials