Progressive (STU:PGV) FCF Margin % : 23.10% (As of Sep. 2024)

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What is Progressive FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Progressive's Free Cash Flow for the three months ended in Sep. 2024 was €4,103 Mil. Progressive's Revenue for the three months ended in Sep. 2024 was €17,760 Mil. Therefore, Progressive's FCF Margin % for the quarter that ended in Sep. 2024 was 23.10%.

As of today, Progressive's current FCF Yield % is 10.01%.

The historical rank and industry rank for Progressive's FCF Margin % or its related term are showing as below:

STU:PGV' s FCF Margin % Range Over the Past 10 Years
Min: 8.35 Med: 14.28 Max: 19.84
Current: 19.84

During the past 13 years, the highest FCF Margin % of Progressive was 19.84%. The lowest was 8.35%. And the median was 14.28%.

STU:PGV's FCF Margin % is ranked better than
73.33% of 480 companies
in the Insurance industry
Industry Median: 8.95 vs STU:PGV: 19.84

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.

* Premium members only.

Progressive FCF Margin % Chart

Progressive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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15.12

15.67

15.77

13.22

16.74

Progressive Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
FCF Margin %	Get a 7-Day Free Trial															21.75	13.95	24.28	17.64	23.10

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

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9528.822	/	56929.469
	=	16.74 %

Progressive's FCF Margin for the quarter that ended in Sep. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	4102.974	/	17760.332
	=	23.10 %

Progressive FCF Margin % Related Terms

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Progressive Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Progressive Corp (STU:PGV) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

PGR:USA PGR:Mexico 0KOC:UK PGV:Germany P1GR34:Brazil

Address

6300 Wilson Mills Road, Mayfield Village, OH, USA, 44143

Website

https://www.progressive.com

Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 20 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 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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