The Progressive Corporation (PGR) scored on five pillars from its reported financial statements, and ranked against 261 Financials companies.
The Progressive Corporation (PGR) scores 8.0 out of 10 as of , computed from its reported financial statements. That reads as high quality. The reading rests on efficiency, and predictability is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
The Progressive Corporation’s returns on capital beat their cost in almost every measured year, by a clear margin: 3 of 4 indicators passed.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
The Quality Score for PGR stands at 8.0 out of 10 as of October 16, 2026, which puts The Progressive Corporation in the high quality band. Businesses in this band tend to combine good returns with a sound balance sheet, even if one pillar lags the others. It rolls The Progressive Corporation’s profitability, solvency, growth, efficiency and predictability into one number, each judged against the norms of its sector.
Ranked with the 261 Financials companies Lemma publishes, the score sits at the 97th percentile, among the top tenth of the group. The median across the group is 5.9, and the top quarter begins at 6.8, so The Progressive Corporation is well above the typical company here.
Profitability scores 7.5 out of 10, which reads as strong. The median across 255 Financials companies is 6.8, so The Progressive Corporation is above its peers on this pillar and ranks at the 65th percentile. High profitability means each unit of capital and of sales is turning into more profit than at most of its peers, which is usually the first sign of pricing power or a cost advantage.
On solvency, The Progressive Corporation scores 9.8, a strong reading. Its peers have a median of 8.5 across 140 Financials companies, which places it above them, at the 82nd percentile. A high solvency score means leverage is modest relative to earnings and cash flow, which gives management room to act in a bad year.
Growth scores 8.6 out of 10, which reads as strong. The median across 241 Financials companies is 4.6, so The Progressive Corporation is well above its peers on this pillar and ranks at the 95th percentile. Growth at this level is valuable when it is sustained, and the predictability pillar is the place to check whether it has been steady.
Efficiency scores 10.0 out of 10, which reads as strong. The median across 211 Financials companies is 5.8, so The Progressive Corporation is well above its peers on this pillar and ranks at the 96th percentile. Efficiency at this level means the company needs comparatively little capital to produce what it sells.
On predictability, The Progressive Corporation scores 5.0, an average reading. Its peers have a median of 4.9 across 256 Financials companies, which places it in line with them, at the 51st percentile. Middling predictability suggests some volatility in the record, enough to read the other pillars with a little caution.
The gap between The Progressive Corporation’s best and worst pillar is wide: efficiency at 10.0 against predictability at 5.0, 5.0 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with efficiency points to disciplined use of capital, a strength that compounds quietly. Uneven results make any single year a weaker guide to the next one.
The Progressive Corporation has no pillar below the median of Financials companies, which leaves little room to rise. Its exposure is to slippage instead, and profitability carries the most weight: one point less there would mean an overall of roughly 7.8 rather than 8.0. The weights add up to 100 points (profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and The Progressive Corporation has a reading on every pillar.
For a fair comparison, start with companies of a similar size: the Financials companies below are nearest to The Progressive Corporation by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading The Progressive Corporation scores 8.0 out of 10, which reads as high quality. Its strongest pillar is efficiency, its weakest is predictability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
The Progressive Corporation ranks at the 97th percentile of the 261 Financials companies Lemma publishes a score for. The median there is 5.9 and the top quarter starts at 6.8, against The Progressive Corporation’s 8.0.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 16, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for PGR are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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