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Progressive (STU:PGV) Market Cap : €136,772 Mil (As of Apr. 05, 2025)


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What is Progressive Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Progressive's share price for the quarter that ended in Dec. 2024 was €230.75. Progressive's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 586 Mil. Therefore, Progressive's market cap for the quarter that ended in Dec. 2024 was €135,220 Mil.

Progressive's quarterly market cap increased from Jun. 2024 (€115,142 Mil) to Sep. 2024 (€132,772 Mil) and increased from Sep. 2024 (€132,772 Mil) to Dec. 2024 (€135,220 Mil).

Progressive's annual market cap increased from Dec. 2022 (€70,878 Mil) to Dec. 2023 (€83,815 Mil) and increased from Dec. 2023 (€83,815 Mil) to Dec. 2024 (€135,220 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Progressive's Enterprise Value for Today is €142,885 Mil.


Progressive Market Cap Historical Data

The historical data trend for Progressive's Market Cap 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 Market Cap Chart

Progressive Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46,523.40 53,367.41 70,878.18 83,814.96 135,219.50

Progressive Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83,814.96 112,571.16 115,142.13 132,771.57 135,219.50

Competitive Comparison of Progressive's Market Cap

For the Insurance - Property & Casualty subindustry, Progressive's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Progressive's Market Cap distribution charts can be found below:

* The bar in red indicates where Progressive's Market Cap falls into.


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Progressive Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Progressive's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=€230.75*586.000
=€135,220

Progressive's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=€230.75*586.000
=€135,220

* 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  (STU:PGV) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Progressive Market Cap Related Terms

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Progressive Business Description

Traded in Other Exchanges
Address
300 North Commons Boulevard, Mayfield Village, OH, USA, 44143
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 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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