Top line decelerating.
+16.3% YoY versus +21.3% prior. 3y CAGR +20.9%.
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Financial Services · Market Cap: $118.7B
Live price unavailable
Fundamentals as of 2026-03-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
The Question
1 of 3 legendary models say BUY PGR — but Warren Buffett & Charlie Munger disagree.
What would legendary investors pay for PGR?
These figures are not quotes or opinions from Buffett, Graham, Lynch or the other investors. They are our own estimates, computed by applying the intrinsic-value formulas each investor is known for to this company’s financials.
For educational purposes only. Not a recommendation to buy or sell securities.
Yes — The Progressive Corporation's 36.1% ROE ranks above the S&P 500 median, and D/E 2.81 stays within healthy bounds.
Financial story
Yes — The Progressive Corporation's 36.1% ROE shows strong capital efficiency, and its 2.81 debt-to-equity stays within healthy bounds.
Bottom line: PGR is rated BUY by 2 of 3 legendary models, with 0 holding and 1 flagging it overvalued, but earns a C sector grade (51/100) in Financial Services. Whether the premium is justified depends on which lens you trust. Drill into the valuation breakdown and sector ranking for the full picture.
+16.3% YoY versus +21.3% prior. 3y CAGR +20.9%.
+16.3%Net margin 12.9% versus 11.3% prior (+1.6pp). Operating 16.2%.
12.9%P/E 10.4x — 48% below the 5y median of 19.8x. Forward 12.4x signals EPS contraction next year.
10.4xPGR is in the Financial Services sector. Sector ranking and peer comparison are in the sector tab.
1 of 3 legendary investor models rate PGR a BUY. Fair value estimates and full investor breakdown are in the valuation tab.
Average fair value across qualifying models: $593. See the per-investor fair-value table in the valuation tab.
PGR trades at 9.9x earnings. Sector context and per-investor signals are in the valuation tab.
PGR and IBKR differ on P/E, ROE, and revenue growth. See the full PGR vs IBKR compare matrix.
Buffett, Lynch, and Munger evaluate PGR against their respective frameworks. Per-model fair value and reasoning are in the valuation tab.
How does PGR compare?
See exactly where PGR ranks
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Sign in to see the rankingPGR sits at #72 in Financial Services with a C grade (51/100).