ProgressiveMEX:PGR +2.40%89 OCF Margin % is 19.69% as of Mar. 2026, which is 21% above its 10-year median of 16.24. GuruFocus rates MEX:PGR with a GF Score™ of 89/100 and a GF Value™ of MXN4,716.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 505 Insurance companies, Progressive ranks better than 68.51% on this metric.
The historical rank and industry rank for Progressive's OCF Margin % or its related term are showing as below:
MEX:PGR'
s OCF Margin % Range Over the Past 10 Years
Min: 11.67 Med: 16.24 Max: 20.07
Current: 18.77
During the past 13 years, the highest OCF Margin % of Progressive was 20.07%. The lowest was 11.67%. And the median was 16.24%.
MEX:PGR's OCF Margin % is ranked better than 68.51% of 505
companies
in the Insurance industry
Industry Median: 10.85
vs MEX:PGR: 18.77
Progressive OCF Margin % Related Terms
Progressive OCF Margin % Historical Data
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The historical data trend for Progressive's OCF 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.
For the Insurance - Property & Casualty subindustry, Progressive's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Progressive's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Progressive's OCF 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 OCF Margin % of 19.69% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Progressive and its competitors. This is 21% above median its historical median of 16.24. Over the past decade, Progressive's OCF Margin % has ranged from 11.67 to 20.07. According to the industry distribution chart, Progressive ranks #159 out of 505 companies in the Insurance industry, placing it in the top 31.5%.
Is Progressive's OCF Margin % too high?
Progressive's current OCF Margin % of 19.69% is 21% above median its 10-year median of 16.24. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 20.07. The Insurance industry median OCF Margin % is 10.85. Progressive's value of 19.69% is 81.5% above this industry median. Based on the distribution chart, Progressive ranks #159 out of 505 companies in the Insurance industry, which is above the industry midpoint. Overall, Progressive has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Progressive's OCF Margin % compare to CB and TRV?
According to the Insurance industry distribution chart, Progressive ranks #159 out of 505 companies for OCF Margin %. This puts Progressive in the upper half of its industry. The industry median OCF Margin % is 10.85. Progressive's value of 19.69% is 81.5% above this benchmark. Historically, Progressive's own OCF Margin % has ranged from 11.67 to 20.07 over the past decade. While the company's 10-year median is 16.24 vs. the industry median of 10.85, 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 OCF Margin % for an Insurance company?
The median OCF Margin % among Insurance companies is 10.85, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progressive's current OCF Margin % of 19.69% is 81.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Progressive and its competitors. For the Insurance industry, the median OCF Margin % is 10.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive's current OCF Margin % is 19.69%, which is 21% above median its own 10-year median of 16.24. 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 OCF Margin % is 19.69%, which is 21% above median its 10-year median of 16.24 and 81.5% above the Insurance industry median of 10.85. Progressive's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Progressive (MEX:PGR), the current OCF Margin % is 19.69% 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:
OCF Margin %: 19.69% (21% above median its 10-year median of 16.24)
GF Value™: MXN4,716.11 vs. price of MXN3,878.20 (17.8% below fair value)
Industry Position: 81.5% above the Insurance median (#159 of 505)
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.
89GF Score
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