Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 12.85% is 60% above its 5-year average of 8.01%, near the high end of its 5-year range (-4.72%–14.44%).
2.29% below its 12-month average of 13.15%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
12.85%
NET PROFIT MARGIN AVG TTM
13.15%
NET PROFIT MARGIN AVG 3Y
12.71%
NET PROFIT MARGIN AVG 5Y
8.01%
NET PROFIT MARGIN AVG 10Y
8.71%
NET PROFIT MARGIN AVG 15Y
7.78%
NET PROFIT MARGIN AVG 20Y
7.69%
CURRENT VS TTM AVG
-2.29%
CURRENT VS 3Y AVG
+1.10%
CURRENT VS 5Y AVG
+60.50%
CURRENT VS 10Y AVG
+47.55%
CURRENT VS 15Y AVG
+65.08%
CURRENT VS 20Y AVG
+67.13%
SECTOR MEDIAN · FINANCIAL SERVICES
17.92%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-28.29%
vs the sector median at left
The Progressive Corporation
Market Cap
$124.75B
Net Profit Margin
12.85%
TTM Avg
13.15%
3Y Avg
12.71%
5Y Avg
8.01%
Market Cap
$123.78B
Net Profit Margin
30.53%
TTM Avg
28.13%
3Y Avg
26.58%
5Y Avg
29.03%
Market Cap
$129.45B
Net Profit Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$130.43B
Net Profit Margin
13.38%
TTM Avg
6.18%
3Y Avg
10.35%
5Y Avg
14.78%
Market Cap
$112.16B
Net Profit Margin
13.72%
TTM Avg
12.59%
3Y Avg
11.96%
5Y Avg
15.55%
Market Cap
$104.19B
Net Profit Margin
42.01%
TTM Avg
44.95%
3Y Avg
-3.70%
5Y Avg
-36.20%
Market Cap
$98.76B
Net Profit Margin
63.08%
TTM Avg
59.77%
3Y Avg
57.75%
5Y Avg
55.05%
Market Cap
$97.76B
Net Profit Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Progressive Corporation (PGR) | $124.75B | 12.85% | 13.15% | 12.71% | 8.01% |
| S&P Global Inc. (SPGI)vs › | $123.78B | 30.53% | 28.13% | 26.58% | 29.03% |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.45B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $130.38B | 18.06% | 16.88% | 16.00% | 15.78% |
| Capital One Financial Corporation (COF)vs › | $130.43B | 13.38% | 6.18% | 10.35% | 14.78% |
| Bank of New York Mellon Corp (BNY)vs › | $112.16B | 13.72% | 12.59% | 11.96% | 15.55% |
| Robinhood Markets, Inc. (HOOD)vs › | $104.19B | 42.01% | 44.95% | -3.70% | -36.20% |
| CME Group Inc. (CME)vs › | $98.76B | 63.08% | 59.77% | 57.75% | 55.05% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.76B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $97.02B | 18.69% | 16.21% | 16.76% | 20.05% |
Operating Margin
16.2%
Net Profit Margin
12.8%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-05-31 | 14.02% |
| 2026-03-31 | 12.71% |
| 2025-12-31 | 12.98% |
| 2025-09-30 | 11.62% |
| 2025-06-30 | 14.44% |
| 2025-03-31 | 12.58% |
| 2024-12-31 | 11.63% |
| 2024-09-30 | 11.84% |
| 2024-06-30 | 8.05% |
| 2024-03-31 | 13.52% |
| 2023-12-31 | 11.77% |
| 2023-09-30 | 7.21% |
| 2023-06-30 | 2.25% |
| 2023-03-31 | 3.13% |
| 2022-12-31 | 6.14% |
| 2022-09-30 | 0.97% |
| 2022-06-30 | -4.72% |
| 2022-03-31 | 2.65% |
| 2021-12-31 | 7.71% |
| 2021-09-30 | 1.00% |
| 2021-06-30 | 6.64% |
| 2021-03-31 | 12.94% |
| 2020-12-31 | 14.76% |
| 2020-09-30 | 13.99% |
| 2020-06-30 | 16.33% |
| 2020-03-31 | 7.43% |
| 2019-12-31 | 9.98% |
| 2019-09-30 | 8.84% |
| 2019-06-30 | 10.37% |
| 2019-03-31 | 11.60% |
| 2018-12-31 | 3.30% |
| 2018-09-30 | 10.94% |
| 2018-06-30 | 8.79% |
| 2018-03-31 | 9.67% |
| 2017-12-31 | 8.10% |
| 2017-09-30 | 3.30% |
| 2017-06-30 | 5.57% |
| 2017-03-31 | 6.72% |
| 2016-12-31 | 6.26% |
| 2016-09-30 | 3.35% |
| 2016-06-30 | 3.28% |
| 2016-03-31 | 4.65% |
| 2015-12-31 | 6.12% |
| 2015-09-30 | 5.28% |
| 2015-06-30 | 6.88% |
| 2015-03-31 | 6.04% |
| 2014-12-31 | 7.16% |
| 2014-09-30 | 6.21% |
| 2014-06-30 | 6.20% |
| 2014-03-31 | 6.83% |
| 2013-12-31 | 6.50% |
| 2013-09-30 | 5.14% |
| 2013-06-30 | 7.07% |
| 2013-03-31 | 6.96% |
| 2012-12-31 | 5.48% |
| 2012-09-30 | 6.27% |
| 2012-06-30 | 2.84% |
| 2012-03-31 | 6.25% |
| 2011-12-31 | 6.53% |
| 2011-09-30 | 3.95% |
| 2011-06-30 | 6.33% |
| 2011-03-31 | 9.32% |
| 2010-12-31 | 7.77% |
| 2010-09-30 | 6.95% |
| 2010-06-30 | 5.75% |
| 2010-03-31 | 8.06% |
| 2009-12-31 | 7.82% |
| 2009-09-30 | 7.48% |
| 2009-06-30 | 6.98% |
| 2009-03-31 | 6.70% |
| 2008-12-31 | 4.54% |
| 2008-09-30 | -30.96% |
| 2008-06-30 | 6.09% |
| 2008-03-31 | 6.68% |
| 2007-12-31 | 6.53% |
| 2007-09-30 | 8.07% |
| 2007-06-30 | 7.72% |
| 2007-03-31 | 9.86% |
| 2006-12-31 | 10.85% |
| 2006-09-30 | 11.00% |
| 2006-06-30 | 10.80% |
| 2006-03-31 | 11.93% |
| 2005-12-31 | 7.82% |
| 2005-09-30 | 8.43% |
| 2005-06-30 | 10.98% |
| 2005-03-31 | 11.82% |
| 2004-12-31 | 11.19% |
| 2004-09-30 | 11.31% |
| 2004-06-30 | 11.47% |
| 2004-03-31 | 14.02% |
| 2003-12-31 | 11.29% |
| 2003-09-30 | 10.38% |
| 2003-06-30 | 9.80% |
| 2003-03-31 | 10.72% |
| 2002-12-31 | 5.97% |
| 2002-09-30 | 7.38% |
