OakChart

Progressive Corp

PGRFinancial·Insurance - Property & Casualty·USA·Large·NYSE·Nov 11 • 3:59 PM ET

233.53+1.78 (0.77%)
2026-11-12 03:47 CET
Market cap
135,298.41 USD m
Revenue, TTM
91,681.00 USD m
Net income, TTM
11,622.00 USD m
Free cash flow, TTM
15,224.00 USD m
EPS diluted, TTM
19.85
P/E
11.76
Compare

Price

PGR against its 20, 50 and 200-day averages
2050200beatmiss
200.00220.00240.005.0M10.0MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PGRclose 233.5320-day 227.2950-day 219.47200-day 210.32233.5352w high52w low

3.1% under the 52-week high of 241.02 on 5 Nov 2026. 52-week low 189.20 on 29 May 2026. Last 15 sessions, 8.3% high to low

Volume 0.77× normal · the line is the 50-bar volume average

Profile

PGR
52-week range, 86% of the way up
189.2241.02

The Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines and Commercial Lines. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small businesses in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The company was founded on March 10, 1937 and is headquartered in Mayfield Village, OH.

IndexS&P 500, RUI
Employees70053
IPOMar 17, 1980
Beta0.21
ATR, 14d5.38
Rel volume0.77
Short float1.28%
Insider own0.27%
Inst own91.48%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap135.30B
Enterprise Value-
Income11.62B
Sales91.68B
Book/sh59.56
Cash/sh-
Dividend Est.9.77 (4.18%)
Dividend TTM13.90 (5.95%)
Dividend Ex-DateOct 01, 2026
Dividend Gr. 3/5Y226.33% 23.19%
Payout72.29%
Employees70053
IPOMar 17, 1980

Ratios

P/E11.76
Forward P/E14.44
PEG-
P/S1.48
P/B3.92
P/C-
P/FCF8.89
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio0.74
Debt/Eq0.24
LT Debt/Eq0.21
Option/ShortYes / Yes

Earnings

EPS (ttm)19.85
EPS next Y16.18
EPS next Q4.04
EPS this Y1.65%
EPS next Y-11.90%
EPS next 5Y-3.91%
EPS past 3/5Y153.30% 14.75%
Sales past 3/5Y20.90% 15.50%
EPS Y/Y TTM8.90%
Sales Y/Y TTM7.65%
EPS Q/Q-2.07%
Sales Q/Q2.94%
EarningsOct 14 BMO
EPS/Sales Surpr.7.16% -1.37%

Ownership

Insider Own0.27%
Insider Trans-7.37%
Inst Own91.48%
Inst Trans-0.67%
ROA9.65%
ROE33.24%
ROIC27.75%
Gross Margin-
Oper. Margin16.35%
Profit Margin12.68%
SMA202.74%
SMA506.41%
SMA20011.04%
Trades-

Technical

Shs Outstand579.00M
Shs Float577.82M
Short Float1.28%
Short Ratio2.82
Short Interest7.39M
52W High241.02 -3.11%
52W Low189.20 23.43%
Volatility2.47% 2.36%
ATR (14)5.38
RSI (14)60.43
Beta0.21
Rel Volume0.77
Avg Volume2.62M
Volume2,030,882

Performance

Perf Week-0.55%
Perf Month4.78%
Perf Quarter11.81%
Perf Half Y19.17%
Perf YTD2.55%
Perf Year6.19%
Perf 3Y49.00%
Perf 5Y152.98%
Perf 10Y688.53%
Recom2.60
Target Price235.10
Prev Close231.75
Price233.53
Change %0.77%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 20, 2026UpgradeKKeefe BruyetteMkt Perform → Outperform$250+7.1%
Jul 24, 2026UpgradeMMorgan StanleyUnderweight → Equal-Weight$210-10.1%
Jul 14, 2026DowngradeJJP MorganOverweight → Neutral$250+7.1%
Jun 29, 2026DowngradeWWells FargoEqual Weight → Underweight$205-12.2%
Jan 08, 2026UpgradeBBarclaysEqual Weight → Overweight$265+13.5%
Dec 18, 2025DowngradeWWilliam BlairOutperform → Mkt Perform
Dec 16, 2025InitiatedMMizuhoNeutral$242+3.6%
Nov 17, 2025UpgradeHHSBC SecuritiesHold → Buy
Nov 14, 2025DowngradeJJefferiesBuy → Hold
Oct 20, 2025DowngradeMMorgan StanleyEqual-Weight → Underweight$214-8.4%

Peers

Mkt cap
TickerCompanyMkt cap
ALLAllstate Corp64.88B
TRVTravelers Companies Inc81.87B
CBChubb Limited141.50B
MCYMercury General Corp4.78B
CINFCincinnati Financial Corp29.13B
HIGHartford Insurance Group Inc36.68B
WRBW.R. Berkley Corp28.48B
HGTYHagerty Inc5.51B
AFGAmerican Financial Group Inc13.34B
AIGAmerican International Group Inc42.95B

Insider trading

latest 14 of 67
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Broz StevenChief Information OfficerOct 22 '26Sale223.321,225273,56728,807Oct 26 01:10 PM
Broz StevenOfficerOct 22 '26Proposed Sale223.321,225273,567Oct 22 09:48 AM
Broz StevenChief Information OfficerSep 24 '26Sale204.291,225250,25530,032Sep 28 10:35 AM
Broz StevenOfficerSep 24 '26Proposed Sale204.291,225250,255Sep 24 10:35 AM
Griffith Susan PatriciaPresident and CEOSep 01 '26Sale219.5037,3388,195,691485,438Sep 02 02:38 PM
Griffith Susan PatriciaOfficerSep 01 '26Proposed Sale219.5037,3388,195,691Sep 01 01:52 PM
Broz StevenChief Information OfficerAug 20 '26Sale219.401,225268,76531,257Aug 24 01:56 PM
Broz StevenOfficerAug 20 '26Proposed Sale219.401,225268,765Aug 20 11:02 AM
Niederst Lori AChief Personal Lines OfficerAug 13 '26Sale209.297,3391,535,97942,567Aug 17 02:45 PM
Niederst Lori AOfficerAug 13 '26Proposed Sale209.297,3391,535,979Aug 13 10:51 AM
Quigg Andrew JVP and Chief Financial OfficerJul 28 '26Sale220.003,499769,78042,595Jul 29 11:47 AM
Murphy John JoClaims PresidentJul 27 '26Sale212.708,1241,727,97541,291Jul 28 03:13 PM
Griffith Susan PatriciaPresident and CEOJul 27 '26Sale212.7137,3387,942,166522,776Jul 28 03:10 PM
Bauer Jonathan S.Chief Investment OfficerJul 27 '26Sale212.712,242476,89626,250Jul 28 03:07 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLFState Street Financial Select Sector SPDR ETFAUM: 54.05B
VYMVanguard High Dividend Yield Indx ETFAUM: 83.15B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.80B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 183.48B
IWDiShares Russell 1000 Value Index FundAUM: 84.71B

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-144.6624.3514.37022,30122,61123
2026Q22026-07-154.6364.6355.66821,07719,48723
2026Q12026-04-154.5964.8534.80223,64122,98223
2025Q42026-01-284.5834.4395.01919,50820,30023
2025Q32025-10-153.9494.9914.45921,38421,80222
2025Q22025-07-164.8804.4805.40220,07620,45819
2025Q12025-04-164.0094.7944.36822,20621,46718
2024Q42025-01-293.9203.5684.02118,10518,29819
2024Q32024-10-154.4593.6853.97119,45619,02519
2024Q22024-07-162.6482.0502.49217,90217,58218
2024Q12024-04-123.7303.2163.94118,96216,99718
2023Q42024-01-242.9562.4303.36615,13014,90218
2023Q32023-10-132.0901.7181.89115,59415,40017
2023Q22023-07-130.5700.8340.57214,71715,02117
2023Q12023-04-130.6511.3730.75116,11015,87218
2022Q42023-01-251.4811.4271.39612,46012,35118

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY2.5502.4192.71927,13226,946
2018FY4.9664.7824.45832,61032,273
2019FY5.3305.2616.71637,57836,809
2020FY7.4707.3689.66340,56941,068
2021FY3.6313.5675.66246,40546,017
2022FY4.0394.0051.18351,08150,954
2023FY6.1095.5736.57861,55060,523
2024FY14.04313.51014.40074,42474,347
2025FY18.06317.99319.24083,17483,927
2026FY-18.362--87,890
2027FY-16.176--91,526
2028FY-16.024--96,227

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0590520,11119,88620,558
2026Q4S2026-11-0290520,12719,88620,558
2026Q4S2026-10-1691420,18119,88620,558
2026Q4S2026-10-15101420,47119,88623,083
2026Q4S2026-10-14101320,50519,88623,083
2026Q4S2026-10-10121221,03920,03023,599
2026Q4S2026-10-05121321,03920,03023,599
2026Q4S2026-10-02111220,85320,03023,599
2026Q4S2026-09-30111220,85620,03023,599
2026Q4S2026-09-29101320,86720,03023,599
2026Q4S2026-09-28101320,86620,03023,599
2026Q4S2026-09-21101520,86620,03023,596
2026Q4S2026-09-2091420,56320,03023,015
2026Q4S2026-09-1891520,56320,03023,015

Estimate history

EPS, annual2.7194.4586.7169.6635.6621.1836.57814.419.22819.854
Period201720182019202020212022202320242025TTM
EPS, quarterly3.9714.0214.3685.4024.4595.0194.8025.6684.366
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual26816.131954.738997.742638.147676.549586.462082.3753438763791681
Period201720182019202020212022202320242025TTM
Sales, quarterly19711.820267.420402219952250222738221802359923164
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual581.7583.2584.6585.2584.4584.9585.3586586579
Period201720182019202020212022202320242025MRQ
Shares, quarterly585.8586586586586586584581579
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue91,681.0087,637.0075,343.0062,082.3049,586.4047,676.5042,638.1038,997.7031,954.70
Losses, Claims & Reserves57,682.0055,183.0049,060.0045,654.6038,122.7033,627.6026,199.2025,470.5021,721.00
Selling, General and Administrative Incl. Other19,010.0017,953.0015,291.0011,255.6010,073.309,620.309,048.708,177.206,903.60
Operating Income before Interest Expense14,989.0014,501.0010,992.005,172.101,390.404,428.607,390.205,350.003,330.10
Interest Expense314.00278.00279.00268.40243.50218.60217.00189.70166.50
Unusual Expense--0.000.00224.80--0.000.00
Net Income Before Taxes14,693.0014,223.0010,713.004,903.70922.104,210.007,173.205,160.303,163.60
Income Taxes3,071.002,915.002,233.001,001.30200.60859.101,468.601,180.30542.60
Consolidated Net Income11,622.0011,308.008,480.003,902.40721.503,350.905,704.603,980.002,621.00
Net Income From Continuing Operations11,622.0011,308.008,480.003,902.40721.503,350.905,704.603,970.302,615.30
Net Income11,622.0011,308.008,463.003,864.80694.603,324.005,677.703,943.402,593.90
EPS (Recurring)19.9619.2314.406.581.455.669.666.724.46
EPS (Basic, Before Extraordinaries)19.9019.2914.456.611.195.699.716.754.49
EPS (Diluted)19.8519.2314.406.581.185.669.666.724.46
Non-Operating Income (Expense)18.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense117.95114.00105.00104.30106.7086.6070.6071.3061.00
Price To Earnings Ratio11.7611.7617.4034.5591.8018.0810.2210.3813.12
Price To Sales Ratio1.321.531.871.511.541.261.361.091.11
Operating Margin16.3516.5514.598.332.809.2917.3313.7210.42
Net Margin12.6812.9011.236.231.406.9713.3210.118.12
Shares Outstanding579.00586.00586.00585.30584.90584.40585.20584.60583.20
Market Capitalization135,298.41135,298.41140,366.4193,185.3375,889.4359,927.0757,903.9341,060.8634,138.27
Operating Income after Interest Expense-14,223.0010,713.004,903.701,146.904,210.007,173.205,160.303,163.60
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue23,164.0023,599.0022,180.0022,738.0022,502.0021,995.0020,402.0020,267.40
Losses, Claims & Reserves14,904.0014,572.0013,827.0014,379.0014,395.0013,605.0012,804.0012,982.80
Selling, General and Administrative Incl. Other4,955.004,730.004,717.004,608.004,714.004,339.004,292.004,246.80
Operating Income before Interest Expense3,305.004,297.003,636.003,751.003,393.004,051.003,306.003,037.80
Interest Expense87.0088.0070.0069.0070.0069.0070.0069.90
Operating Income after Interest Expense3,218.004,209.003,566.003,682.003,323.003,982.003,236.002,967.90
Net Income Before Taxes3,236.004,209.003,566.003,682.003,323.003,982.003,236.002,967.90
Income Taxes694.00898.00748.00731.00708.00807.00669.00611.40
Consolidated Net Income2,542.003,311.002,818.002,951.002,615.003,175.002,567.002,356.50
Net Income From Continuing Operations2,542.003,311.002,818.002,951.002,615.003,175.002,567.002,356.50
Net Income2,542.003,311.002,818.002,951.002,615.003,175.002,567.002,356.50
EPS (Recurring)4.375.674.805.024.455.404.374.02
EPS (Basic, Before Extraordinaries)4.385.684.815.044.465.424.384.02
EPS (Diluted)4.375.674.805.024.465.404.374.02
Non-Operating Income (Expense)18.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense33.9728.4412.6442.9033.1825.2812.6437.22
Price To Earnings Ratio11.7611.1010.3012.4813.9017.9719.6217.40
Price To Sales Ratio1.321.401.301.531.711.902.121.86
Operating Margin14.2718.2116.3916.5015.0818.4216.2014.99
Net Margin10.9714.0312.7112.9811.6214.4412.5811.63
Shares Outstanding579.00581.00584.00586.00586.00586.00586.00586.00
Market Capitalization135,298.41127,648.42116,150.01133,534.32144,764.31156,439.74165,902.73140,366.41

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash138.00154.0099.60220.90202.1076.50227.4075.00275.30
Investments97,373.0080,250.0065,998.6053,548.3051,514.1047,530.3039,254.3033,567.4027,274.70
Premium Balance Receivables - Insurance15,362.0014,369.0011,958.2010,416.909,399.508,160.107,507.306,497.105,422.50
Net Property, Plant & Equipment982.00983.001,053.301,164.501,309.901,271.501,401.901,131.701,119.60
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Deferred Tax Assets2,112.002,144.001,914.702,028.001,156.001,046.60922.70813.10609.60
Other Intangible Assets4,156.003,921.003,301.402,855.303,268.602,672.402,514.202,254.802,132.40
Total Assets120,123.00101,821.0084,325.8070,233.9066,850.2060,757.4051,827.8044,339.1036,834.10
Insurance Policy Liabilities - Insurance64,249.0057,801.0049,179.2041,525.3036,341.8029,315.8026,488.8023,081.5019,513.70
Total Debt7,102.007,089.007,065.806,525.505,079.705,575.104,608.604,404.903,306.30
Long Term Debt7,102.007,089.007,065.806,525.505,079.705,075.104,608.604,404.903,306.30
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,364.001,190.00978.70896.501,308.901,356.601,040.70769.90744.60
Other Liabilities17,085.0010,150.006,825.005,395.605,888.207,471.305,790.905,046.503,481.00
Total Liabilities89,800.0076,230.0064,048.7054,342.9048,618.6043,718.8037,929.0033,302.8027,045.60
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.00493.90493.90493.90493.90493.90493.900.00
Common Equity30,323.0025,591.0019,783.2015,397.1017,737.7016,544.7013,179.3010,327.909,284.80
Total Shareholders Equity30,323.0025,591.0020,277.1015,891.0018,231.6017,038.6013,673.2010,821.809,284.80
Accumulated Minority Interest0.000.000.000.000.000.00225.60214.50503.70
Total Equity30,323.0025,591.0020,277.1015,891.0018,231.6017,038.6013,898.8011,036.309,788.50
Total Liabilities & Stockholders Equity120,123.00101,821.0084,325.8070,233.9066,850.2060,757.4051,827.8044,339.1036,834.10
Book Value Per Share51.7543.6733.8026.3230.3528.2722.5417.7115.96
Tangible Book Value Per Share51.7543.2833.4125.7929.3827.2121.3816.4314.55
Full-Time Employees70,05366,30861,43255,06349,07743,32641,57137,34633,656
Price to Book Ratio3.925.175.515.313.383.503.123.313.42
Return on Assets10.199.115.051.055.2510.148.266.444.32
Return on Equity40.4536.9821.584.2319.0037.1532.4226.0117.15
Return on Invested Capital30.2225.9514.273.2214.3725.8021.7217.1812.65
Current Ratio0.760.680.810.800.770.990.601.060.89

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations11,386.0010,918.008,605.004,047.903,292.002,406.504,609.203,391.403,432.50
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital4,276.006,630.006,514.006,595.403,556.805,355.202,296.402,870.202,852.30
Cash from Operating Activities15,662.0017,548.0015,119.0010,643.306,848.807,761.706,905.606,261.606,284.80
Capital Expenditures-438.00-348.00-285.00-252.00-292.00-243.50-223.50-363.50-266.00
Net Assets From Acquisitions0.000.000.000.000.00-313.200.000.000.00
Sale of Fixed Assets and Businesses55.0080.0077.0047.2035.1066.2021.9053.309.40
Purchase or Sale of Investments-7,663.00-14,334.00-13,712.00-10,626.60-7,521.50-2,677.20-5,999.70-4,034.10-7,086.90
Purchase of Investments-67,210.00-59,094.00-47,946.00-25,863.50-28,536.70-34,015.60-36,381.90-29,145.10-21,988.70
Sale Or Maturity of Investments59,547.0044,760.0034,234.0015,236.9021,015.2031,338.4030,382.2025,111.0014,901.80
Other Uses0.000.000.00-11.20-177.800.000.000.000.00
Other Sources637.0075.00171.000.000.0047.9083.606.0011.70
Cash from Investing Activities-7,409.00-14,527.00-13,749.00-10,842.60-7,956.20-3,119.80-6,117.70-4,338.30-7,331.80
Cash Dividends Paid-8,147.00-2,871.00-682.00-277.60-260.80-3,773.30-1,577.80-1,670.00-668.40
Change in Capital Stock-1,622.00-166.00-634.00-140.70-99.00-223.00-347.30-94.00418.20
Repurchase of Common Pref Stock-1,622.00-166.00-634.00-140.70-99.00-223.00-354.60-95.60-79.00
Sale of Common Pref Stock0.000.000.000.000.000.007.301.60497.20
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00493.90
Issuance or Reduction of Debt, Net0.000.000.00496.301,486.00-520.00986.300.001,096.90
Change in Long Term Debt0.000.000.00496.301,486.00-520.00986.300.001,096.90
Issuance of Long Term Debt0.000.000.00496.301,486.000.00986.300.001,134.00
Reduction of Long Term Debt0.000.000.000.000.00-520.000.000.00-37.10
Net Financing Active Other Cash Flow0.000.000.000.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.000.000.000.00
Cash from Financing Activities-8,282.00-3,037.00-1,316.0078.001,126.20-4,516.30-938.80-1,770.90846.70
Net Change in Cash-29.00-16.0054.00-121.3018.80125.60-150.90152.40-200.30
Free Cash Flow15,224.0017,200.0014,834.0010,391.306,556.807,518.206,682.105,898.106,018.80
Preferred Dividends (Cash Flow)-0.00-8.00-43.60-26.80-26.80-26.80-26.80-13.50
Price to Free Cash Flow17.059.359.959.2512.1016.0911.3810.056.62

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash156.00193.00179.00138.00185.00135.00
Investments99,197.0097,221.0094,131.0097,373.0094,509.0088,610.00
Net Property, Plant & Equipment924.00922.00792.00982.00790.00820.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Deferred Tax Assets1,231.00681.00742.002,112.00662.00633.00
Other Intangible Assets4,815.004,681.004,550.004,156.004,548.004,416.00
Total Assets123,660.00120,804.00118,008.00120,123.00117,213.00111,020.00
Insurance Policy Liabilities - Insurance70,575.0068,847.0068,069.0064,249.0064,605.0063,029.00
Total Debt8,389.008,387.008,386.007,102.006,896.006,895.00
Long Term Debt7,389.007,387.007,386.007,102.006,896.006,895.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---1,364.00--
Other Liabilities10,211.009,237.009,514.0017,085.0010,267.008,492.00
Total Liabilities89,175.0086,471.0085,969.0089,800.0081,768.0078,416.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity34,485.0034,333.0032,039.0030,323.0035,445.0032,604.00
Total Shareholders Equity34,485.0034,333.0032,039.0030,323.0035,445.0032,604.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity34,485.0034,333.0032,039.0030,323.0035,445.0032,604.00
Total Liabilities & Stockholders Equity123,660.00120,804.00118,008.00120,123.00117,213.00111,020.00
Book Value Per Share59.5659.0954.8651.7560.4955.64
Tangible Book Value Per Share59.5659.0954.8651.7560.4955.64
Full-Time Employees---70,053--
Price to Book Ratio3.923.983.833.764.445.40
Return on Assets9.6510.0910.2910.199.8610.24
Return on Equity33.2434.9437.9040.4534.2337.29
Return on Invested Capital6.077.947.157.896.188.04
Current Ratio0.740.740.760.760.730.75

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations2,819.002,792.002,985.002,790.002,418.002,863.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital1,699.00815.001,382.00380.002,777.001,177.00
Cash from Operating Activities4,518.003,607.004,367.003,170.005,195.004,040.00
Capital Expenditures-116.00-138.00-63.00-121.00-66.00-102.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses10.0021.0014.0010.0018.0039.00
Purchase or Sale of Investments-4,512.00-2,929.002,443.00-2,665.00-5,219.00-3,983.00
Purchase of Investments-11,665.00-12,983.00-19,348.00-23,214.00-8,010.00-8,496.00
Sale Or Maturity of Investments7,153.0010,054.0021,791.0020,549.002,791.004,513.00
Other Uses0.000.000.000.000.000.00
Other Sources592.00125.00243.00-323.00220.006.00
Cash from Investing Activities-4,026.00-2,921.002,637.00-3,099.00-5,047.00-4,040.00
Cash Dividends Paid-58.00-58.00-7,972.00-59.00-58.00-59.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-471.00-614.00-478.00-59.00-40.00-13.00
Repurchase of Common Pref Stock-471.00-614.00-478.00-59.00-40.00-13.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.001,487.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities-529.00-672.00-6,963.00-118.00-98.00-72.00
Net Change in Cash-37.0014.0041.00-47.0050.00-72.00
Free Cash Flow4,402.003,469.004,304.003,049.005,129.003,938.00
Price to Free Cash Flow17.0516.3514.079.3410.2511.53

Revenue breakdown

Total Fire, Marine & Casualty Insurance revenue2024: 75.37B 2025: 87.67B
United States2024: 75.37B 2025: 87.67B
Total Fire, Marine & Casualty Insurance revenue2024: 75.37B 2025: 87.67B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.28%7.4M577.8M2.53M
2026-10-151.22%7.1M579.6M2.68M
2026-09-301.18%6.8M579.6M2.71M
2026-09-151.08%6.3M579.6M2.85M
2026-08-311.04%6.0M579.5M3.01M
2026-08-141.03%6.0M579.7M3.22M
2026-07-311.39%8.1M579.7M3.29M
2026-07-151.65%9.6M582.8M3.20M
2026-06-301.34%7.8M582.8M3.13M
2026-06-151.31%7.6M582.5M2.93M
2026-05-291.22%7.1M582.8M2.95M
2026-05-151.19%7.0M582.8M2.86M
2026-04-301.22%7.1M582.7M3.04M
2026-04-151.37%8.0M583.3M3.36M
2026-03-311.25%7.3M584.2M3.50M
2026-03-131.13%6.6M584.2M3.45M
2026-02-271.24%7.2M584.2M3.40M
2026-02-131.16%6.8M584.7M3.47M
2026-01-301.16%6.8M584.7M3.47M
2026-01-151.16%6.8M584.8M3.47M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call120111.8115.6107.96.5252.000.000.992-0.3970.004
call125106.8110.3102.96.1813.000.000.991-0.3940.004
call130101.9105.697.425.6844.000.000.991-0.3920.004
call13596.90100.695.755.5400.001.000.990-0.3890.004
call14092.6095.3090.805.2330.001.000.990-0.3850.004
call14587.8090.500.004.6810.000.000.989-0.3820.005
call15082.1085.5077.284.4061.000.000.988-0.3780.005
call15577.6080.3072.284.3731.000.000.988-0.3740.005
call16072.6075.3067.474.0141.000.000.987-0.3700.006
call16567.1070.7062.473.8392.000.000.986-0.3650.006
call17062.6065.300.003.5000.000.000.985-0.3600.006
call17557.6060.700.003.3270.000.000.983-0.3550.007
call18052.6055.300.002.8140.000.000.982-0.3490.007
call18547.8050.700.002.8000.000.000.980-0.3420.008
call19042.8044.6037.412.0791.000.000.978-0.3350.008
call192.540.3042.1034.951.9741.000.000.977-0.3300.009
call19537.3040.100.002.0630.000.000.976-0.3260.009
call197.535.1037.800.002.0200.000.000.975-0.3220.010
call20032.8034.9011.701.7767.000.000.973-0.3170.010
call202.530.1032.700.001.7660.000.000.971-0.3110.011
call20527.6030.3012.401.6860.000.000.969-0.3060.011
call207.525.4027.800.001.6020.000.000.967-0.2990.012
call21022.9024.8017.051.32119.000.000.964-0.2930.013
call212.520.2022.800.001.3510.000.000.955-0.3320.016
call21517.7020.0013.451.16219.000.000.946-0.3600.018
call217.515.2017.300.001.0010.000.000.935-0.3770.021
call22012.9015.2010.420.98460.000.000.914-0.4380.026
call222.510.4012.406.400.8026.000.000.899-0.4280.029
call2258.0010.106.150.72623.001.000.847-0.5480.039
call227.55.607.704.410.61996.001.000.804-0.5420.046
call2303.705.602.700.5671293.000.698-0.6580.058
call232.52.253.202.600.4088.008.000.555-0.8640.065
call2351.051.750.810.36844.001.000.406-0.6470.064
call237.50.402.100.570.50976.003.000.306-0.7280.058
call2400.100.650.250.41549.004.000.188-0.5250.045
call242.50.050.300.180.40633.000.000.126-0.4320.034
call2450.000.500.050.48441.000.000.110-0.4640.031
call247.50.002.200.630.5402.000.000.101-0.5010.030
call2500.002.151.300.61529.000.000.081-0.4570.025
call252.50.002.150.000.7740.000.000.074-0.4660.025
call2550.002.150.150.7451.000.000.052-0.3570.018
call257.50.002.150.000.7700.000.000.030-0.2260.012
call2600.002.150.000.9640.000.000.057-0.4600.020
call2650.002.150.001.0840.000.000.052-0.4780.019
call2700.002.150.001.1990.000.000.047-0.4940.017
call2750.002.150.001.3090.000.000.044-0.5090.016
call2800.002.150.001.4240.000.000.041-0.5260.015
call2850.002.150.001.5200.000.000.039-0.5340.015
call2900.002.150.001.6200.000.000.037-0.5450.014
call2950.002.150.001.7180.000.000.035-0.5550.014
call3000.002.150.001.8130.000.000.034-0.5640.013
call3050.002.150.001.9050.000.000.032-0.5730.013
put1200.002.150.004.6270.000.00-0.021-0.9600.009
put1250.002.150.004.3710.000.00-0.022-0.9510.009
put1300.002.150.004.1240.000.00-0.023-0.9420.010
put1350.002.150.003.8870.000.00-0.025-0.9320.010
put1400.002.150.003.6660.000.00-0.026-0.9240.011
put1450.002.150.003.4340.000.00-0.028-0.9100.011
put1500.002.150.003.2180.000.00-0.029-0.8970.012
put1550.002.150.003.0080.000.00-0.031-0.8850.012
put1600.002.150.002.2820.000.00-0.014-0.3310.006
put1650.002.150.002.6040.000.00-0.036-0.8560.014
put1700.002.150.002.4100.000.00-0.039-0.8400.015
put1750.002.150.002.2190.000.00-0.042-0.8230.016
put1800.002.150.002.0320.000.00-0.045-0.8040.017
put1850.002.150.801.6503.000.00-0.023-0.3980.009
put1900.002.150.001.6660.000.00-0.054-0.7610.019
put192.50.002.150.001.5760.000.00-0.057-0.7490.020
put1950.002.151.951.26610.000.00-0.024-0.3150.010
put197.50.002.150.001.3980.000.00-0.063-0.7220.022
put2000.002.150.101.19138.000.00-0.031-0.3710.012
put202.50.002.150.101.0744.000.00-0.028-0.3150.011
put2050.002.150.150.99926.000.00-0.036-0.3500.013
put207.50.002.150.240.9276.000.00-0.039-0.3440.014
put2100.002.150.630.80825.000.00-0.036-0.2820.013
put212.50.002.200.100.7624.000.00-0.044-0.3340.016
put2150.002.200.150.68585.000.00-0.054-0.3630.018
put217.50.002.300.400.60526.000.00-0.064-0.3780.021
put2200.000.250.180.5261962.00-0.086-0.4410.026
put222.50.050.201.000.44636.000.00-0.101-0.4310.029
put2250.050.450.230.41960.003.00-0.152-0.5500.039
put227.50.150.350.350.3263.002.00-0.196-0.5430.046
put2300.400.751.200.31014.004.00-0.302-0.6590.058
put232.50.603.201.560.5562.000.00-0.445-0.8650.065
put2351.503.303.600.37115.002.00-0.593-0.6470.064
put237.53.305.105.600.39110.002.00-0.694-0.7280.058
put2405.207.400.000.4630.000.00-0.812-0.5250.045
put242.57.8010.000.000.6720.000.00-0.860-0.4890.037
put2459.8012.500.000.7950.000.00-0.882-0.5010.033
put247.512.3014.800.000.8930.000.00-0.901-0.4880.029
put25015.1017.300.000.9860.000.00-0.917-0.4690.025
put252.517.3020.000.001.0270.000.00-0.931-0.4380.022
put25519.8022.300.000.9630.000.00-0.942-0.4060.019
put257.522.4024.8027.291.0405.000.00-0.947-0.4030.018
put26025.1027.3029.781.1144.000.00-0.950-0.4130.017
put26530.3032.500.001.4290.000.00-0.956-0.4300.015
put27035.0037.300.001.6380.000.00-0.960-0.4440.014
put27539.8042.300.001.7820.000.00-0.963-0.4560.013
put28044.9047.300.001.9210.000.00-0.965-0.4680.013
put28549.9052.300.002.0540.000.00-0.967-0.4780.012
put29055.1057.300.002.1830.000.00-0.969-0.4880.011
put29559.8062.300.002.0070.000.00-0.971-0.4980.011
put30065.4067.3069.202.1180.000.00-0.972-0.5050.011
put30570.5072.3074.202.2270.000.00-0.973-0.5130.010

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-0210-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-263Initial statement of beneficial ownership of securities2026-10-18SEC
2026-10-264Statement of changes in beneficial ownership of securities2026-10-22SEC
2026-10-22144Filing for proposed sale of securities under Rule 144.SEC
2026-10-148-KCurrent report2026-10-14SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-24144Filing for proposed sale of securities under Rule 144.SEC
2026-09-188-KCurrent report2026-09-18SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-1000273.57K1
2026-09008.45M2
2026-08001.80M2
2026-070012.95M6
2026-06003.17M4
2026-050000
2026-0400199.04K1
2026-0300831.25K3
2026-0200610.25K2
2026-0100971.48K2
2025-1200302.13K1
2025-11001.75M3

Institutional holders

Manager% owned
BlackRock, Inc.8.22%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
Capital Research Global Investors4.54%
STATE STREET CORP4.54%
GEODE CAPITAL MANAGEMENT, LLC3.00%
FMR LLC2.19%
Capital World Investors2.14%
BANK OF AMERICA CORP /DE/2.10%
VANGUARD PORTFOLIO MANAGEMENT LLC2.00%
JPMORGAN CHASE & CO1.76%

Funds

Fund% owned
VANGUARD WELLINGTON FUND9.36%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND6.88%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND5.18%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
VANGUARD CORE BOND FUND3.09%
VANGUARD 500 INDEX FUND2.59%
DFA Investment Grade Portfolio2.24%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND2.23%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND2.07%
MFS Corporate Bond Fund1.87%

OakChart. PGR. Cached 15 minutes.