PROGRESSIVE CORP/OH/ (PGR) Return on equity 2016–2025
PROGRESSIVE CORP/OH/ (PGR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
37.3%FY2025 · since FY2016: 13.0% → 37.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 37.3% | +4.2 pp |
| FY2024 | 33.1% | +13.9 pp |
| FY2023 | 19.2% | +14.7 pp |
| FY2022 | 4.5% | -13.8 pp |
| FY2021 | 18.4% | -15.1 pp |
| FY2020 | 33.5% | +4.4 pp |
| FY2019 | 29.0% | +4.9 pp |
| FY2018 | 24.2% | +7.0 pp |
| FY2017 | 17.1% | +4.2 pp |
| FY2016 | 13.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice