Progressive
PGR
#107
Rank
$148.84 B
Marketcap
$254.09
Share price
0.92%
Change (1 day)
77.31%
Change (1 year)

Operating Margin for Progressive (PGR)

Operating Margin as of October 2024 (TTM): 13.26%

According to Progressive's latest financial reports and stock price the company's current Operating Margin is 13.26%. At the end of 2023 the company had an Operating Margin of 7.90%.

Operating Margin history for Progressive from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.90%324.76%
20221.86%-78.94%
20218.83%-47.51%
202016.82%27.14%
201913.23%33.66%
20189.90%24.12%
20177.98%27%
20166.28%-31.56%
20159.18%-6.78%
20149.84%3.91%
20139.47%22.72%
20127.72%-18.18%
20119.43%-8.4%
201010.30%-3.66%
200910.69%-717.48%
2008-1.73%-115.02%
200711.53%-29.95%
200616.46%14.32%
200514.39%-19.05%
200417.78%13.71%
200315.64%48.1%
200210.56%34.56%
20017.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.78%-48.87%๐Ÿ‡บ๐Ÿ‡ธ USA
11.13%-16.06%๐Ÿ‡บ๐Ÿ‡ธ USA
7.71%-41.86%๐Ÿ‡บ๐Ÿ‡ธ USA
6.41%-51.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-56.43%-525.57%๐Ÿ‡บ๐Ÿ‡ธ USA
6.39%-51.81%๐Ÿ‡บ๐Ÿ‡ธ USA
8.78%-33.79%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.