Keuangan Progressive Corporation (PGR)
NYSE · Financial Services · Insurance - Property & Casualty · Karyawan: 70.053 · CEO: Susan Patricia Griffith
- Harga
- $231,28 +0,48%
- Kapitalisasi pasar
- $134 M
- Nilai perusahaan
- $143 M
- Laporan terakhir
- Q3 '26 diajukan 2026-10-14
- Laporan berikutnya
- 2027-01-27
Pendapatan (TTM)$91,7 M+7,7% vs tahun lalu4 kuartal terakhir; batang = tiap kuartal
Margin operasional (TTM)16,0%+0,2 poin vs tahun laluLaba operasional: $14,7 M
Laba bersih (TTM)$11,6 M+8,5% vs tahun laluSetelah pajak, termasuk keuntungan non-operasional
Arus kas bebas (TTM)$10,8 M-36,5% vs tahun laluCapex: $322 jt
EPS dilusian (TTM)$19,86+8,9% vs tahun laluJumlah 4 kuartal terakhir
Kas neto-$6,26 M-281,0% vs tahun laluKas + investasi jangka pendek - utang
Valuasi & angka utama
- Kapitalisasi pasar
- $134 M EV $143 M
- Pendapatan
- $91,7 M 12 bulan terakhir
- Pertumbuhan pendapatan
- 0% Konsensus FY2026
- Margin laba
- 12,7% Laba bersih / pendapatan, TTM
- P/E
- 11,6× Forward 12,6× (FY2026)
- P/S
- 1,5× Harga / penjualan, TTM
- EV / EBITDA
- 9,4× TTM
- Arus kas bebas
- $10,8 M 12 bulan terakhir
- Laba bersih
- $11,6 M 12 bulan terakhir
- Estimasi pendapatan
- $87,9 M Konsensus FY2026
- Laba
- 2027-01-27
- Dividen
- $13,90 Per saham, 12 bulan terakhir
Poin-poin utama
Dihitung dari angka yang dilaporkan - setiap pernyataan menyertakan angka yang mendasarinya.
- Pertumbuhan pendapatan melambat: 3,0% yoyPendapatan Q3 '26: $23,2 M, rata-rata empat kuartal sebelumnya: 10,6%.
- Margin operasional 16,0% (TTM), dibanding tahun lalu: +0,2 poinLaba operasional tumbuh 8,8%, pendapatan tumbuh 7,7%.
- Capex: 0,4% dari pendapatan (tahun lalu 0,4%)$322 jt diinvestasikan dalam 4 kuartal terakhir (-4,5% dibanding tahun sebelumnya). Arus kas bebas: $10,8 M = 93,1% dari laba bersih.
- $9,24 M dikembalikan ke pemegang saham = 85,4% dari arus kas bebasBuyback: $1,15 M (tahun lalu $107 jt), dividen: $8,09 M, kompensasi saham: $42 jt (TTM).
- Jumlah saham dilusian turun dalam setahun: 1,0%Saham dilusian pada Q3 '26: 582 jt, setahun sebelumnya: 588 jt.
- Utang neto: $6,26 MKas + investasi jangka pendek: $2,13 M, utang termasuk sewa: $8,39 M; tahun lalu kas neto: $3,46 M.
Kuartal terakhir: Q3 '26
Kuartal berakhir 2026-09-30. Dibandingkan dengan kuartal yang sama tahun lalu dan konsensus analis sebelum laporan.
Kuartal vs tahun lalu
| Q3 '26 | Tahun lalu | Perubahan | |
|---|---|---|---|
| Pendapatan | $23,2 M | $22,5 M | +3,0% |
| Margin kotor | 100,0% | 15,8% | +84,2 poin |
| Laba operasional | $3,24 M | $3,32 M | -2,6% |
| Margin operasional | 14,0% | 14,8% | -0,8 poin |
| Laba bersih | $2,54 M | $2,62 M | -2,8% |
| EPS dilusian | $4,37 | $4,45 | -1,8% |
| Arus kas operasional | $0 | $5,2 M | -100,0% |
| Capex | $0 | $66 jt | -100,0% |
| Arus kas bebas | $0 | $5,13 M | -100,0% |
| R&D | $0 | $0 | – |
| Kompensasi berbasis saham | -$52 jt | $42 jt | -223,8% |
Pendapatan
Dari mana uang berasal - menurut lini bisnis dan wilayah, kuartal demi kuartal.
Pendapatan, laba operasional, dan pertumbuhan
kuartalanPendapatan per lini bisnis
bertumpuk, kuartalan| Segmen | Q1 '26 | yoy | Porsi | TTM | TTM yoy | 12 kuartal |
|---|---|---|---|---|---|---|
| Personal Lines Segment | $18,7 M | +10,0% | 87,8% | $73,5 M | -6,8% | |
| Commercial Lines Segment | $2,6 M | -4,9% | 12,2% | $10,9 M | -20,7% |
Margin & struktur biaya
Berapa bagian dari setiap unit pendapatan yang tersisa di tiap tingkat - dan ke mana biaya mengalir.
Margin
kuartalanBiaya sebagai % pendapatan
kuartalanArus kas & alokasi modal
Kas yang dihasilkan, untuk apa kas itu digunakan, dan apa yang sampai ke pemegang saham.
Arus kas operasional, capex, arus kas bebas
kuartalanPenggunaan kas vs arus kas operasional
tahun fiskal4 kuartal terakhir
laporan arus kas- Arus kas operasional
- $11,1 M
- Capex
- -$322 jt
- Buyback
- -$1,15 M
- Dividen
- -$8,09 M
- Akuisisi
- $0
- Utang neto diterbitkan
- $1,49 M
- Kompensasi berbasis saham
- $42 jt
- Arus kas bebas
- $10,8 M
- Dikembalikan ke pemegang saham / FCF
- 85,4%
Jumlah saham dan EPS
kuartalan, dilusianNeraca
Likuiditas, investasi, dan utang pada akhir setiap kuartal.
Kas, investasi, dan utang
akhir kuartalValuasi & imbal hasil
Multiple saat ini dibandingkan lima tahun fiskal terakhir perusahaan itu sendiri; target dan peringkat analis.
Multiple dan imbal hasil
TTM vs 5 tahun fiskal| Sekarang | Rata-rata 5 th | Posisi saat ini dalam rentang 5 tahun | |
|---|---|---|---|
| P/E (TTM) | 11,6× | 35,9× | 11,8× – 109,0× |
| EV / EBITDA | 9,4× | 22,0× | 9,5× – 55,7× |
| EV / Penjualan | 1,6× | 1,6× | 1,4× – 2,0× |
| Harga / FCF | 12,4× | 9,1× | 7,8× – 11,6× |
| Harga / Nilai buku | 3,9× | 4,5× | 3,3× – 5,5× |
| Imbal hasil FCF | 8,1% | 11,2% | 8,6% – 12,9% |
| Imbal hasil modal yang diinvestasikan | 27,1% | 11,6% | 1,0% – 20,7% |
| Imbal hasil ekuitas | 35,4% | 22,5% | 4,5% – 37,3% |
Analis
Target konsensus $223,23 (-3,5%)
rentang $196,00 – $245,00 · peringkat Hold
Beli kuat0
Beli16
Tahan22
Jual4
Jual kuat0
Prospek
Konsensus analis untuk tahun fiskal mendatang dan implikasinya pada harga saat ini.
Estimasi konsensus
| Tahun fiskal | Pendapatan | Pertumbuhan | EPS | Pertumbuhan | P/E pada harga saat ini | Analis (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $87,9 M | +0,3% | $18,38 | -4,4% | 12,6× | 15 |
| FY2027 | $91,6 M | +4,2% | $16,20 | -11,9% | 14,3× | 16 |
| FY2028 | $96,7 M | +5,6% | $16,04 | -1,0% | 14,4× | 10 |
Laporan keuangan
Setiap baris laporan laba rugi, neraca, dan laporan arus kas - 12 kuartal dan 10 tahun fiskal, sebagai nilai, % pendapatan, atau pertumbuhan.
Semua pos yang dilaporkan
Semua 271 angka yang ditandai The Progressive Corporation dalam laporan 10-Q / 10-K terbarunya, dengan label dan definisi resmi SEC - termasuk catatan (sewa, pajak, buyback, karyawan, ...).
| Pos (label SEC) | Kuartal terakhir | Tahun lalu | yoy | FY terakhir | FY sebelumnya | yoy |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities | $9,18 M | $8,43 M | +8,8% | $9,32 M | $7,65 M | +21,8% |
| Accretion (Amortization) of Discounts and Premiums, Investments | $32 jt | $34 jt | -5,9% | $124 jt | $30 jt | +313,3% |
| Accrued Income Taxes | $700 jt2026-03-31 | $838 jt | -16,5% | $28 jt | $26 jt | +7,7% |
| Accrued Investment Income Receivable | $728 jt | $636 jt | +14,5% | $670 jt | $594 jt | +12,8% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1,38 M | $1,37 M | +0,9% | $1,46 M | $1,46 M | -0,1% |
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | -$2 jt | -$1 jt | -100,0% | -$1 jt | -$1 jt | 0,0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$847 jt | -$95 jt | -791,6% | $103 jt | -$1,42 M | +107,2% |
| Additional Paid in Capital, Common Stock | $2,34 M | $2,19 M | +6,7% | $2,31 M | $2,15 M | +7,6% |
| Advertising Expense | – | – | – | $5,13 M | $4 M | +28,2% |
| AOCI before Tax, Attributable to Parent | -$1,07 M | -$128 jt | -737,5% | $130 jt | -$1,81 M | +107,2% |
| AOCI Tax, Attributable to Parent | -$225 jt | -$33 jt | -581,8% | $27 jt | -$386 jt | +107,0% |
| AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax | -$13 jt | -$13 jt | 0,0% | -$13 jt | -$14 jt | +7,1% |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | -$832 jt | -$81 jt | -927,2% | $117 jt | -$1,41 M | +108,3% |
| Assets | $125 M | $115 M | +8,2% | $123 M | $106 M | +16,4% |
| Benefits, Losses and Expenses | $19,4 M | $18 M | +7,6% | $73,4 M | $64,7 M | +13,6% |
| Cash | $178 jt | $125 jt | +42,4% | $125 jt | $143 jt | -12,6% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $193 jt | $135 jt | +43,0% | $138 jt | $154 jt | -10,4% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $14 jt | -$72 jt | +119,4% | -$16 jt | $54 jt | -129,6% |
| Ceded Premiums Earned | – | – | – | $1,19 M | $1,37 M | -13,4% |
| Ceded Premiums Written | – | – | – | $1,03 M | $1,47 M | -29,6% |
| Common Stock, Dividends, Per Share, Declared | $0,10 | $0,10 | 0,0% | $13,90 | $4,90 | +183,7% |
| Common Stock, Par or Stated Value Per Share | $1,00 | $1,00 | 0,0% | $1,00 | $1,00 | 0,0% |
| Common Stock, Shares Authorized | 900 jt | 900 jt | 0,0% | 900 jt | 900 jt | 0,0% |
| Common Stock, Shares, Issued | 798 jt | 798 jt | 0,0% | 798 jt | 798 jt | 0,0% |
| Common Stock, Value, Outstanding | $581 jt | $586 jt | -0,9% | $586 jt | $586 jt | 0,0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2,94 M | $3,6 M | -18,6% | $12,8 M | $8,67 M | +48,0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3,04 M | $2,25 M | +35,4% |
| Current Federal, State and Local, Tax Expense (Benefit) | – | – | – | $3,12 M | $2,31 M | +35,2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $75 jt | $58 jt | +29,3% |
| Current Year Claims and Claims Adjustment Expense | $15,1 M | $13,9 M | +8,5% | $55,4 M | $49,5 M | +11,9% |
| Debt and Equity Securities, Gain (Loss) | $604 jt | $387 jt | +56,1% | $727 jt | $264 jt | +175,4% |
| Debt and Equity Securities, Realized Gain (Loss) | $16 jt | $19 jt | -15,8% | $248 jt | -$414 jt | +159,9% |
| Debt and Equity Securities, Unrealized Gain (Loss) | $588 jt | $368 jt | +59,8% | $480 jt | $679 jt | -29,3% |
| Debt Instrument, Basis Spread on Variable Rate | 1,0% | – | – | – | – | – |
| Debt Securities, Available-for-sale | $92,4 M | $84,4 M | +9,5% | $92,9 M | $75,9 M | +22,3% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $177 jt | $889 jt | -80,1% | $901 jt | $145 jt | +521,4% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1,23 M | $999 jt | +23,1% | $753 jt | $1,94 M | -61,1% |
| Debt Securities, Available-for-sale, Allowance for Credit Loss | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Writeoff | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Amortized Cost | $93,5 M | $84,5 M | +10,6% | $92,7 M | $77,7 M | +19,3% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | $11,3 M | $15,9 M | -29,3% | $13,2 M | $18,3 M | -27,9% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $696 jt | $966 jt | -28,0% | $686 jt | $1,45 M | -52,7% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 436 security | 611 security | -28,6% | 514 security | 731 security | -29,7% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | $50,9 M | $5,45 M | +834,3% | $15,4 M | $35,5 M | -56,6% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $534 jt | $33 jt | +1.518,2% | $67 jt | $485 jt | -86,2% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 788 security | 157 security | +401,9% | 182 security | 342 security | -46,8% |
| Debt Securities, Available-for-sale, Realized Gain | $60 jt | $27 jt | +122,2% | $327 jt | $79 jt | +313,9% |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | $1 jt | $18 jt | -94,4% | $157 jt | -$441 jt | +135,6% |
| Debt Securities, Available-for-sale, Realized Loss | $59 jt | $9 jt | +555,6% | $170 jt | $520 jt | -67,3% |
| Debt Securities, Available-for-sale, Unrealized Loss Position | $62,2 M | $21,4 M | +190,6% | $28,6 M | $53,8 M | -46,9% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | $1,23 M | $999 jt | +23,1% | $753 jt | $1,94 M | -61,1% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions | 1.224 security | 768 security | +59,4% | 696 security | 1.073 security | -35,1% |
| Debt, Long-term and Short-term, Combined Amount | $8,39 M | $6,9 M | +21,6% | $6,9 M | $6,89 M | +0,1% |
| Deferred Compensation Plan Assets | $196 jt2025-12-31 | $293 jt | -33,1% | $196 jt | $293 jt | -33,1% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$199 jt | -$70 jt | -184,3% |
| Deferred Federal, State and Local, Tax Expense (Benefit) | – | – | – | -$202 jt | -$72 jt | -180,6% |
| Deferred Income Tax Assets, Net | $681 jt | $633 jt | +7,6% | – | – | – |
| Deferred Policy Acquisition Cost | $2,21 M | $2,11 M | +4,8% | $2,04 M | $1,96 M | +4,2% |
| Deferred Policy Acquisition Costs, Amortization Expense | $1,57 M | $1,51 M | +3,7% | $6,1 M | $5,38 M | +13,2% |
Sumber: SEC companyfacts (XBRL setiap 10-Q / 10-K). Kuartal arus kas dihitung dari angka kumulatif tahun berjalan yang ditandai dalam 10-Q. Rincian segmen ditandai dengan dimensi dan ditampilkan di bagian segmen.
Sumber
Laporan keuangan, pendapatan segmen, metrik, estimasi: Financial Modeling Prep. Laba segmen dan setiap pos yang dilaporkan: SEC EDGAR (XBRL). Laporan yang dibaca: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data per 2026-11-01