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The Progressive Corporation (PGR), headquartered in Mayfield Village, Ohio, operates as an insurance holding company. Valued at $118.6 billion by market cap, the company provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services.
Shares of this leading property & casualty insurance company have underperformed the broader market considerably over the past year. PGR has declined 19.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.6%. In 2026, PGR stock is down 11.5%, compared to the SPX’s 1.7% rise on a YTD basis.