Company / FCF Margin
Progressive Corporation FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
19.6%
FY2025
5-year range
15.1% / 19.7%
FY2021-FY2025
Trend
-0.3%
vs FY2024
Sector context
#109 of 204
Financials
What the data says
At 19.6%, Progressive Corporation's fcf margin ranks #109 of 204 in the Financials sector. FCF Margin has fluctuated over the past 10 years, ranging from 8.3% in FY2016 to 19.7% in FY2024.
Based on SEC 10-K filings.
19.6% in FY2025 with a 5-year CAGR of +0.8%.
Improved from 16.7% to 19.6% over the past 2 years.
Financials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +4.0pp
- 5-Year Change
- +0.8pp
- 10-Year Change
- -
Sector benchmark
#109 of 204 in FinancialsTop 53% of 204This company 19.6% Sector average 210.0%
▼
-90.7% below sector average
Key checks
Key Insights
- In FY2025, fcf margin decreased 0.3% year-over-year.
- Currently 190.4pp below the Financials sector average.
- Peak fcf margin was recorded in FY2024.
- Lowest fcf margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 19.6% | -0.3% |
| FY2024 | 19.7% | +17.6% |
| FY2023 | 16.7% | +6.8% |
| FY2022 | 15.7% | +3.6% |
| FY2021 | 15.1% | -19.7% |
| FY2020 | 18.8% | +24.6% |
| FY2019 | 15.1% | +40.7% |
| FY2018 | 10.7% | +3.6% |
| FY2017 | 10.4% | +24.3% |
| FY2016 | 8.3% | -13.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026