Progressive Corp
NYSE:PGR
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268.02
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Progressive Corp
Net Margin
Progressive Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | US |
| Market Cap | 157B USD |
| Net Margin |
11%
|
| Country | CH |
| Market Cap | 116.3B USD |
| Net Margin |
18%
|
| Country | JP |
| Market Cap | 11.1T JPY |
| Net Margin |
11%
|
| Country | US |
| Market Cap | 59.9B USD |
| Net Margin |
10%
|
| Country | US |
| Market Cap | 55.1B USD |
| Net Margin |
7%
|
| Country | ZA |
| Market Cap | 42.3B Zac |
| Net Margin |
8%
|
| Country | BM |
| Market Cap | 37.8B USD |
| Net Margin |
45%
|
| Country | JP |
| Market Cap | 5.4T JPY |
| Net Margin |
7%
|
| Country | CN |
| Market Cap | 252.4B CNY |
| Net Margin |
5%
|
| Country | CA |
| Market Cap | 47.9B CAD |
| Net Margin |
8%
|
| Country | CN |
| Market Cap | 266B HKD |
| Net Margin |
5%
|
Progressive Corp
Glance View
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.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Progressive Corp's most recent financial statements, the company has Net Margin of 11.2%.
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