ProgressiveMEX:PGR +2.40%88 EBITDA Margin % is 16.73% as of Mar. 2026, which is 58% above its 10-year median of 10.62. GuruFocus rates MEX:PGR with a GF Score™ of 88/100 and a GF Value™ of MXN4,716.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 369 Insurance companies, Progressive ranks better than 56.37% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Progressive's EBITDA for the
three
months ended in Mar. 2026 was MXN66,919 Mil. Progressive's Revenue for the
three
months ended in Mar. 2026 was MXN399,965 Mil. Therefore, Progressive's EBITDA margin for the quarter that ended in Mar. 2026 was 16.73%.
Progressive (MEX:PGR) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Progressive EBITDA Margin % Related Terms
Progressive EBITDA Margin % Historical Data
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The historical data trend for Progressive's EBITDA 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.
MEX:PGR vs CB, TRV, ALL: EBITDA Margin % Comparison
For the Insurance - Property & Casualty subindustry, Progressive's EBITDA Margin %, along with its competitors' market caps and EBITDA 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 EBITDA Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Progressive's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Progressive's EBITDA Margin % falls into.
* 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 (MEX:PGR) has a EBITDA Margin % of 16.73% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Progressive and its competitors. This is 58% above median its historical median of 10.62. Over the past decade, Progressive's EBITDA Margin % has ranged from 2.97 to 18.11. According to the industry distribution chart, Progressive ranks #161 out of 369 companies in the Insurance industry, placing it in the top 43.6%.
Is Progressive's EBITDA Margin % too high?
Progressive's current EBITDA Margin % of 16.73% is 58% above median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 18.11. The Insurance industry median EBITDA Margin % is 14.81. Progressive's value of 16.73% is 13% above this industry median. Based on the distribution chart, Progressive ranks #161 out of 369 companies in the Insurance industry, which is above the industry midpoint. Overall, Progressive has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Progressive's EBITDA Margin % compare to CB and TRV?
According to the Insurance industry distribution chart, Progressive ranks #161 out of 369 companies for EBITDA Margin %. This puts Progressive in the upper half of its industry. The industry median EBITDA Margin % is 14.81. Progressive's value of 16.73% is 13% above this benchmark. Historically, Progressive's own EBITDA Margin % has ranged from 2.97 to 18.11 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 14.81, Progressive has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Insurance company?
The median EBITDA Margin % among Insurance companies is 14.81, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progressive's current EBITDA Margin % of 16.73% is 13% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Progressive and its competitors. For the Insurance industry, the median EBITDA Margin % is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive's current EBITDA Margin % is 16.73%, which is 58% above median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive stock overvalued right now?
Based on GuruFocus' analysis, Progressive (MEX:PGR) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,716.11, compared to a current price of MXN3,878.20 — trading 17.8% below its estimated fair value. The current EBITDA Margin % is 16.73%, which is 58% above median its 10-year median of 10.62 and 13% above the Insurance industry median of 14.81. Progressive's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Progressive (MEX:PGR), the current EBITDA Margin % is 16.73% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progressive (MEX:PGR) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive stock appears to be undervalued.
The current stock price of MXN3,878.20 is trading 17.8% below its estimated GF Value™ of MXN4,716.11.
GuruFocus considers Progressive to be Modestly Undervalued.
Key valuation signals for MEX:PGR:
EBITDA Margin %: 16.73% (58% above median its 10-year median of 10.62)
GF Value™: MXN4,716.11 vs. price of MXN3,878.20 (17.8% below fair value)
Industry Position: 13% above the Insurance median (#161 of 369)
No single metric tells the full story. See the MEX:PGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 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 US and Canada and directly via the internet and telephone. Its premiums are split between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
88GF Score
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