Company / Profit Margin
Progressive Corporation Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
12.9%
FY2025
5-year range
6.3% / 13.4%
FY2021-FY2025
Trend
+14.7%
vs FY2024
Sector context
#167 of 278
Financials
What the data says
At 12.9%, Progressive Corporation's profit margin ranks #167 of 278 in the Financials sector. Profit Margin has fluctuated over the past 10 years, ranging from 4.4% in FY2018 to 13.4% in FY2022.
Based on SEC 10-K filings.
12.9% in FY2025 with a 5-year CAGR of +4.7%.
Improved from 6.3% to 12.9% over the past 2 years.
Financials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -0.5pp
- 5-Year Change
- +4.7pp
- 10-Year Change
- -
Sector benchmark
#167 of 278 in FinancialsTop 60% of 278This company 12.9% Sector average 70.2%
▼
-81.6% below sector average
Key checks
Key Insights
- In FY2025, profit margin increased 14.7% year-over-year.
- Currently 57.3pp below the Financials sector average.
- Peak profit margin was recorded in FY2022.
- Lowest profit margin in the period was in FY2018.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.9% | +14.7% |
| FY2024 | 11.3% | +79.1% |
| FY2023 | 6.3% | -53.0% |
| FY2022 | 13.4% | +31.5% |
| FY2021 | 10.2% | +24.3% |
| FY2020 | 8.2% | -19.6% |
| FY2019 | 10.2% | +131.1% |
| FY2018 | 4.4% | -27.6% |
| FY2017 | 6.1% | -8.0% |
| FY2016 | 6.6% | +3.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026