What is the current annual operating margin of PGR?

As of today, PGR annual operating margin is 16.55%

What is 1-year change in PGR annual operating margin?

PGR annual operating margin is up +13.43% year-over-year

What is 3-year change in PGR annual operating margin?

PGR annual operating margin is up +491.07% over the past 3 years

How far is PGR annual operating margin from its all-time high?

PGR annual operating margin is currently -23.52% below its historical high of 21.64% set on December 1, 1980

How does PGR annual operating margin rank versus sector peers?

PGR annual operating margin is higher than 39.35% of companies in Financial Services sector

When is PGR next annual earnings release?

The next annual earnings release for PGR is on January 27, 2027

What is the current quarterly operating margin of PGR?

As of today, PGR quarterly operating margin is 14.33%

What is PGR quarterly operating margin most recent change?

PGR quarterly operating margin was down -21.31% on September 30, 2026

What is 1-year change in PGR quarterly operating margin?

PGR quarterly operating margin is down -4.97% year-over-year

How far is PGR quarterly operating margin from its all-time high?

PGR quarterly operating margin is currently -32.85% below its historical high of 21.34% set on March 31, 2004

How does PGR quarterly operating margin rank versus sector peers?

PGR quarterly operating margin is higher than 29.28% of companies in Financial Services sector

When is PGR next earnings release?

The next earnings release for PGR is on January 27, 2027

PGR Operating Margin History & Chart Since 1980

Annual Operating Margin

16.55%1.96%+13.43%

December 31, 2025

Summary

Current Value: As of today, PGR annual operating margin is 16.55%, up +13.43% on December 31, 2025
Historical Performance: PGR annual operating margin is up +491.07% over the past 3 years, down -4.50% over the past 5 years
All-Time High Comparison: PGR annual operating margin is currently -23.52% below its historical high of 21.64% set on December 1, 1980
3-Year Low Comparison: PGR annual operating margin is +491.07% above its 3-year low of 2.80% reached on an earlier date
Sector Comparison: PGR annual operating margin is higher than 39.35% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

PGR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	16.55%	+13.4%	+491.1%	-4.5%	+46.2%
Quarterly Operating Margin	Sep 30, 26	14.33%	-5.0%	+50.5%	+779.1%	+125.3%
Price	Oct 30, 26	$231.28	+11.8%	+49.0%	+143.8%	+1087.9%
PE Ratio	Oct 30, 26	14.93	+31.7%	-55.7%	+8.6%	+24.2%
Annual Revenue	Dec 31, 25	$87.64B	+16.3%	+76.7%	+105.5%	+486.4%
Annual Operating Profit	Dec 31, 25	$14.50B	+31.9%	+942.9%	+96.2%	+756.9%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	15.74%	+39.8%	+978.1%	+17.6%	+120.1%

Operating Margin Highs

PGR Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	16.55%	Dec 31, 25	at high
5Y	17.33%	N/A	-4.5%
All	21.64%	Dec 1, 80	-23.5%

Operating Margin Lows

PGR Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	2.80%	N/A	+491.1%
5Y	2.80%	Dec 31, 22	+491.1%
All	-0.67%	Dec 31, 08	+2570.2%

Operating Margin History

Year	Value	Change
2025	16.55%	+13.4%
2024	14.59%	+75.2%
2023	8.33%	+197.5%
2022	2.80%	-69.9%
2021	9.29%	-46.4%
2020	17.33%	+26.3%
2019	13.72%	+31.7%
2018	10.42%	+21.9%
2017	8.55%	+24.5%
2016	6.87%	-30.1%
2015	9.83%	-5.9%
2014	10.45%	+3.1%
2013	10.14%	+20.7%
2012	8.40%	-19.6%
2011	10.45%	-7.7%
2010	11.32%	-2.8%
2009	11.65%	+1,838.8%
2008	-0.67%	-105.5%
2007	12.28%	-27.7%
2006	16.99%	+13.4%
2005	14.98%	-18.9%
2004	18.46%	+10.5%
2003	16.70%	+46.7%

Year	Value	Change
2002	11.38%	+32.9%
2001	8.56%	+409.5%
2000	1.68%	-78.7%
1999	7.90%	-42.1%
1998	13.65%	-2.2%
1997	13.96%	-3.5%
1996	14.47%	+8.1%
1995	13.38%	-25.7%
1994	18.01%	-15.5%
1993	21.32%	+28.8%
1992	16.55%	+206.5%
1991	5.40%	-51.7%
1990	11.17%	+14.9%
1989	9.72%	+290.4%
1988	2.49%	-77.7%
1987	11.16%	+5.8%
1986	10.55%	+56.1%
1985	6.76%	-7.4%
1984	7.30%	-32.8%
1983	10.87%	+82.1%
1982	5.97%	-54.8%
1981	13.21%	-39.0%
1980	21.64%	-

FAQ

What is the current annual operating margin of PGR?: As of today, PGR annual operating margin is 16.55%
What is 1-year change in PGR annual operating margin?: PGR annual operating margin is up +13.43% year-over-year
What is 3-year change in PGR annual operating margin?: PGR annual operating margin is up +491.07% over the past 3 years
How far is PGR annual operating margin from its all-time high?: PGR annual operating margin is currently -23.52% below its historical high of 21.64% set on December 1, 1980
How does PGR annual operating margin rank versus sector peers?: PGR annual operating margin is higher than 39.35% of companies in Financial Services sector
When is PGR next annual earnings release?: The next annual earnings release for PGR is on January 27, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

14.33%3.88%-21.31%

September 30, 2026

Summary

Current Value: As of today, PGR quarterly operating margin is 14.33%, down -21.31% on September 30, 2026
Historical Performance: PGR quarterly operating margin is down -4.97% year-over-year, up +50.53% over the past 3 years
All-Time High Comparison: PGR quarterly operating margin is currently -32.85% below its historical high of 21.34% set on March 31, 2004
3-Year Low Comparison: PGR quarterly operating margin is +50.53% above its 3-year low of 9.52% reached on an earlier date
Sector Comparison: PGR quarterly operating margin is higher than 29.28% of companies in Financial Services sector

Performance

PGR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	14.33%	-21.3%	-5.0%	+50.5%	+779.1%
Annual Operating Margin	Dec 31, 25	16.55%	–	+13.4%	+491.1%	-4.5%
Price	Oct 30, 26	$231.28	+8.4%	+11.8%	+49.0%	+143.8%
PE Ratio	Oct 30, 26	14.93	+39.7%	+31.7%	-55.7%	+8.6%
Quarterly Revenue	Sep 30, 26	$23.18B	-1.8%	+3.0%	+49.0%	+95.6%
Quarterly Operating Profit	Sep 30, 26	$3.32B	-22.7%	-2.1%	+124.5%	+1620.0%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	10.97%	-21.8%	-5.6%	+52.1%	+997.0%

Quarterly Operating Margin Highs

PGR Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	18.21%	Jun 30, 26	-21.3%
3Y	18.42%	Jun 30, 25	-22.2%
5Y	18.42%	Jun 30, 25	-22.2%
All	21.34%	Mar 31, 04	-32.9%

Quarterly Operating Margin Lows

PGR Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	14.33%	Sep 30, 26	at low
3Y	9.52%	N/A	+50.5%
5Y	-3.02%	Jun 30, 22	+574.5%
All	-3.87%	Mar 31, 00	+470.3%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	14.33%	-21.3%
Jun 2026	18.21%	+11.1%
Mar 2026	16.39%	-0.7%
Dec 2025	16.50%	+9.4%
Sep 2025	15.08%	-18.1%
Jun 2025	18.42%	+13.7%
Mar 2025	16.20%	+8.1%
Dec 2024	14.99%	-2.0%
Sep 2024	15.29%	+43.6%
Jun 2024	10.65%	-39.0%
Mar 2024	17.46%	+14.6%
Dec 2023	15.24%	+60.1%
Sep 2023	9.52%	+191.1%
Jun 2023	3.27%	-24.3%
Mar 2023	4.32%	-46.5%
Dec 2022	8.08%	+401.9%
Sep 2022	1.61%	+153.3%
Jun 2022	-3.02%	-180.3%
Mar 2022	3.76%	-62.6%
Dec 2021	10.06%	+517.2%
Sep 2021	1.63%	-81.6%
Jun 2021	8.87%	-47.3%
Mar 2021	16.82%	-11.2%
Dec 2020	18.95%	+4.8%
Sep 2020	18.09%	-14.7%
Jun 2020	21.20%	+114.1%
Mar 2020	9.90%	-23.3%
Dec 2019	12.91%	+16.2%
Sep 2019	11.11%	-18.7%
Jun 2019	13.67%	-21.3%
Mar 2019	17.38%	+384.1%
Dec 2018	3.59%	-74.0%
Sep 2018	13.81%	+20.0%
Jun 2018	11.51%	-9.8%
Mar 2018	12.76%	+24.7%
Dec 2017	10.23%	+140.7%
Sep 2017	4.25%	-53.0%
Jun 2017	9.05%	-15.7%
Mar 2017	10.73%	+14.4%
Dec 2016	9.38%	+89.5%
Sep 2016	4.95%	-10.2%
Jun 2016	5.51%	-27.4%
Mar 2016	7.59%	-25.3%
Dec 2015	10.16%	+15.3%
Sep 2015	8.81%	-17.0%
Jun 2015	10.61%	+9.0%
Mar 2015	9.73%	-12.7%
Dec 2014	11.14%	+12.0%
Sep 2014	9.95%	+0.9%
Jun 2014	9.86%	-8.6%
Mar 2014	10.79%	+10.0%
Dec 2013	9.81%	+17.5%
Sep 2013	8.35%	-25.8%
Jun 2013	11.26%	+1.1%
Mar 2013	11.14%	+366.1%
Dec 2012	2.39%	-76.1%
Sep 2012	10.02%	+106.6%
Jun 2012	4.85%	-52.0%

Month	Value	Change
Mar 2012	10.11%	-3.5%
Dec 2011	10.48%	+64.8%
Sep 2011	6.36%	-36.8%
Jun 2011	10.06%	-32.2%
Mar 2011	14.83%	+24.4%
Dec 2010	11.92%	+8.7%
Sep 2010	10.97%	+16.1%
Jun 2010	9.45%	-27.0%
Mar 2010	12.95%	+2.0%
Dec 2009	12.69%	+10.5%
Sep 2009	11.48%	-0.9%
Jun 2009	11.59%	-32.5%
Mar 2009	17.18%	+11.9%
Dec 2008	15.35%	+46.9%
Sep 2008	10.45%	-1.5%
Jun 2008	10.61%	-9.0%
Mar 2008	11.66%	+15.1%
Dec 2007	10.13%	-19.4%
Sep 2007	12.57%	+5.6%
Jun 2007	11.90%	-20.6%
Mar 2007	14.99%	-9.3%
Dec 2006	16.52%	-1.1%
Sep 2006	16.71%	+1.0%
Jun 2006	16.54%	-9.6%
Mar 2006	18.30%	+51.0%
Dec 2005	12.12%	-7.0%
Sep 2005	13.03%	-24.1%
Jun 2005	17.17%	-5.9%
Mar 2005	18.25%	+4.2%
Dec 2004	17.51%	+0.2%
Sep 2004	17.47%	-1.3%
Jun 2004	17.70%	-17.1%
Mar 2004	21.34%	+20.6%
Dec 2003	17.69%	+7.1%
Sep 2003	16.52%	+6.7%
Jun 2003	15.48%	-13.8%
Mar 2003	17.96%	+100.7%
Dec 2002	8.95%	-23.1%
Sep 2002	11.64%	+3.0%
Jun 2002	11.30%	-16.5%
Mar 2002	13.53%	+42.3%
Dec 2001	9.51%	+17.1%
Sep 2001	8.12%	-6.8%
Jun 2001	8.71%	+13.6%
Mar 2001	7.67%	+52.8%
Dec 2000	5.02%	-12.8%
Sep 2000	5.76%	+911.3%
Jun 2000	-0.71%	+81.7%
Mar 2000	-3.87%	-475.7%
Dec 1999	1.03%	-86.8%
Sep 1999	7.82%	-32.4%
Jun 1999	11.56%	-2.6%
Mar 1999	11.87%	+28.0%
Dec 1998	9.27%	-40.5%
Sep 1998	15.57%	+7.3%
Jun 1998	14.51%	-5.2%
Mar 1998	15.30%	-

FAQ

What is the current quarterly operating margin of PGR?: As of today, PGR quarterly operating margin is 14.33%
What is PGR quarterly operating margin most recent change?: PGR quarterly operating margin was down -21.31% on September 30, 2026
What is 1-year change in PGR quarterly operating margin?: PGR quarterly operating margin is down -4.97% year-over-year
How far is PGR quarterly operating margin from its all-time high?: PGR quarterly operating margin is currently -32.85% below its historical high of 21.34% set on March 31, 2004
How does PGR quarterly operating margin rank versus sector peers?: PGR quarterly operating margin is higher than 29.28% of companies in Financial Services sector
When is PGR next earnings release?: The next earnings release for PGR is on January 27, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

PGR Official Website www.progressive.com
PGR Profile on Yahoo Finance finance.yahoo.com/quote/PGR
PGR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/pgr