Progressive Corp
NYSE:PGR

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Progressive Corp
NYSE:PGR
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Price: 266.06 USD 0.99% Market Closed
Market Cap: 155.9B USD
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Progressive Corp
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Progressive Corp
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Progressive Corp
NYSE:PGR
Cash & Cash Equivalents
$136.1m
CAGR 3-Years
-20%
CAGR 5-Years
24%
CAGR 10-Years
4%
Travelers Companies Inc
NYSE:TRV
Cash & Cash Equivalents
$772m
CAGR 3-Years
-2%
CAGR 5-Years
9%
CAGR 10-Years
8%
Allstate Corp
NYSE:ALL
Cash & Cash Equivalents
$816m
CAGR 3-Years
6%
CAGR 5-Years
7%
CAGR 10-Years
-1%
Cincinnati Financial Corp
NASDAQ:CINF
Cash & Cash Equivalents
$1.8B
CAGR 3-Years
17%
CAGR 5-Years
17%
CAGR 10-Years
16%
Erie Indemnity Co
NASDAQ:ERIE
Cash & Cash Equivalents
$197.7m
CAGR 3-Years
-6%
CAGR 5-Years
-11%
CAGR 10-Years
-6%
W R Berkley Corp
NYSE:WRB
Cash & Cash Equivalents
$1.6B
CAGR 3-Years
-9%
CAGR 5-Years
14%
CAGR 10-Years
2%
No Stocks Found

Progressive Corp
Glance View

Market Cap
155.9B USD
Industry
Insurance

Progressive Corp. is a powerhouse in the American insurance industry, renowned for redefining the way consumers interact with auto insurance. Founded in 1937, the company has grown to become the third-largest auto insurer in the United States, serving millions of customers with a dynamic mix of insurance products, including home, renters, and commercial insurance. Progressive has carved a niche by leveraging technology and data analytics, offering innovative solutions such as its popular "Name Your Price" tool that empowers customers to find coverage options that fit their budgets. The company’s commitment to transparency and customer satisfaction has not only enhanced its brand reputation but has also driven substantial growth, allowing it to capture significant market share even amidst fierce competition. For investors, Progressive presents a compelling opportunity rooted in its strong financial fundamentals and strategic focus on innovation. With consistent increases in premium revenues and a robust investment portfolio, the company showcases its ability to generate solid returns while mitigating risks inherent in the insurance sector. Its disciplined underwriting practices and commitment to cost efficiency have enabled Progressive to maintain a competitive combined ratio—a critical measure that indicates profitability in insurance underwriting. Coupled with its strong track record of reinvestment into technology and customer service, Progressive is well-positioned to adapt to changing market dynamics and capitalize on emerging trends in the insurance landscape, making it an attractive option for those looking to invest in a forward-thinking, resilient company.

PGR Intrinsic Value
280.35 USD
Undervaluation 5%
Intrinsic Value
Price

See Also

What is Progressive Corp's Cash & Cash Equivalents?
Cash & Cash Equivalents
136.1m USD

Based on the financial report for Sep 30, 2024, Progressive Corp's Cash & Cash Equivalents amounts to 136.1m USD.

What is Progressive Corp's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 10Y
4%

Over the last year, the Cash & Cash Equivalents growth was 10%. The average annual Cash & Cash Equivalents growth rates for Progressive Corp have been -20% over the past three years , 24% over the past five years , and 4% over the past ten years .

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