Progressive
PGR
$128.49
Share price
-0.34%
Change (1 day)
7.63%
Change (1 year)
Categories
Operating Margin for Progressive (PGR)
Operating Margin as of May 2023 (TTM): 2.57%
According to Progressive's latest financial reports and stock price the company's current Operating Margin is 2.57%. At the end of 2021 the company had an Operating Margin of 8.83%.
Operating Margin history for Progressive from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 8.83% | -47.51% |
| 2020 | 16.82% | 27.14% |
| 2019 | 13.23% | 33.66% |
| 2018 | 9.90% | 24.12% |
| 2017 | 7.98% | 27% |
| 2016 | 6.28% | -31.56% |
| 2015 | 9.18% | -6.78% |
| 2014 | 9.84% | 3.91% |
| 2013 | 9.47% | 22.72% |
| 2012 | 7.72% | -19.49% |
| 2011 | 9.59% | -8.37% |
| 2010 | 10.46% | -2.11% |
| 2009 | 10.69% | -717.48% |
| 2008 | -1.73% | -115.02% |
| 2007 | 11.53% | -29.95% |
| 2006 | 16.46% | 14.32% |
| 2005 | 14.39% | -19.05% |
| 2004 | 17.78% | 13.71% |
| 2003 | 15.64% | 48.1% |
| 2002 | 10.56% | 34.56% |
| 2001 | 7.85% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -5.15% | -300.39% | 🇺🇸 USA |
 The Travelers Companies TRV | 9.13% | 255.25% | 🇺🇸 USA |
 Selective Insurance SIGI | 7.87% | 206.23% | 🇺🇸 USA |
 Safety Insurance
SAFT | 4.24% | 64.98% | 🇺🇸 USA |
 Hallmark Financial Services HALL | -45.96% | -1,888.33% | 🇺🇸 USA |
 Mercury General
MCY | -12.16% | -573.15% | 🇺🇸 USA |
 Horace Mann Educators HMN | 0.21% | -91.83% | 🇺🇸 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.