FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Progressive's Free Cash Flow for the
three
months ended in Dec. 2023 was $2,355 Mil. Progressive's Revenue for the
three
months ended in Dec. 2023 was $16,884 Mil. Therefore, Progressive's FCF Margin % for the quarter that ended in Dec. 2023 was 13.95%.
The historical rank and industry rank for Progressive's FCF Margin % or its related term are showing as below:
PGR'
s FCF Margin % Range Over the Past 10 Years
Min: 8.35 Med: 14.28 Max: 18.84
Current: 15.98
During the past 13 years, the highest FCF Margin % of Progressive was 18.84%. The lowest was 8.35%. And the median was 14.28%.
PGR's FCF Margin % is ranked better than 68.85% of 488
companies
in the Insurance industry
Industry Median: 7.66
vs PGR: 15.98
Progressive FCF Margin % Historical Data
The historical data trend for Progressive's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Progressive's FCF Margin %
For the Insurance - Property & Casualty subindustry, Progressive's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Progressive's FCF Margin % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Progressive's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Progressive's FCF Margin % falls into.
Progressive FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
Progressive's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progressive FCF Margin % Related Terms
Thank you for viewing the detailed overview of Progressive's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Progressive underwrites private and commercial auto insurance and specialty lines; it has about 18 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the U.S. and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
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