Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 34.06% is 52% above its 5-year average of 22.38%, near the high end of its 5-year range (4.54%–37.29%).
2.78% above its 12-month average of 33.14%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
34.06%
RETURN ON EQUITY (ROE) AVG TTM
33.14%
RETURN ON EQUITY (ROE) AVG 3Y
25.79%
RETURN ON EQUITY (ROE) AVG 5Y
22.38%
RETURN ON EQUITY (ROE) AVG 10Y
21.63%
RETURN ON EQUITY (ROE) AVG 15Y
20.07%
RETURN ON EQUITY (ROE) AVG 20Y
20.27%
CURRENT VS TTM AVG
+2.78%
CURRENT VS 3Y AVG
+32.06%
CURRENT VS 5Y AVG
+52.20%
CURRENT VS 10Y AVG
+57.45%
CURRENT VS 15Y AVG
+69.70%
CURRENT VS 20Y AVG
+68.02%
SECTOR MEDIAN · FINANCIAL SERVICES
13.52%
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+151.92%
vs the sector median at left
The Progressive Corporation
Market Cap
$124.75B
Return on Equity (ROE)
34.06%
TTM Avg
33.14%
3Y Avg
25.79%
5Y Avg
22.38%
Market Cap
$123.78B
Return on Equity (ROE)
15.57%
TTM Avg
12.96%
3Y Avg
10.63%
5Y Avg
108.48%
Market Cap
$129.45B
Return on Equity (ROE)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$130.38B
Return on Equity (ROE)
14.88%
TTM Avg
14.23%
3Y Avg
13.50%
5Y Avg
12.37%
Market Cap
$130.43B
Return on Equity (ROE)
9.24%
TTM Avg
4.98%
3Y Avg
8.09%
5Y Avg
9.53%
Market Cap
$112.16B
Return on Equity (ROE)
12.52%
TTM Avg
11.74%
3Y Avg
9.46%
5Y Avg
9.08%
Market Cap
$104.19B
Return on Equity (ROE)
21.86%
TTM Avg
19.14%
3Y Avg
3.85%
5Y Avg
-7.96%
Market Cap
$98.76B
Return on Equity (ROE)
16.11%
TTM Avg
13.70%
3Y Avg
12.37%
5Y Avg
11.18%
Market Cap
$97.76B
Return on Equity (ROE)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Progressive Corporation (PGR) | $124.75B | 34.06% | 33.14% | 25.79% | 22.38% |
| S&P Global Inc. (SPGI)vs › | $123.78B | 15.57% | 12.96% | 10.63% | 108.48% |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.45B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $130.38B | 14.88% | 14.23% | 13.50% | 12.37% |
| Capital One Financial Corporation (COF)vs › | $130.43B | 9.24% | 4.98% | 8.09% | 9.53% |
| Bank of New York Mellon Corp (BNY)vs › | $112.16B | 12.52% | 11.74% | 9.46% | 9.08% |
| Robinhood Markets, Inc. (HOOD)vs › | $104.19B | 21.86% | 19.14% | 3.85% | -7.96% |
| CME Group Inc. (CME)vs › | $98.76B | 16.11% | 13.70% | 12.37% | 11.18% |
| 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 | 12.12% | 11.18% | 10.91% | 11.25% |
ROE
34.1%
ROA
9.4%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-03-31 | 36.08% |
| 2025-12-31 | 37.29% |
| 2025-09-30 | 30.23% |
| 2025-06-30 | 32.00% |
| 2025-03-31 | 30.10% |
| 2024-12-31 | 33.14% |
| 2024-09-30 | 29.87% |
| 2024-06-30 | 29.56% |
| 2024-03-31 | 26.53% |
| 2023-12-31 | 19.25% |
| 2023-09-30 | 15.76% |
| 2023-06-30 | 10.43% |
| 2023-03-31 | 5.07% |
| 2022-12-31 | 4.54% |
| 2022-09-30 | 5.80% |
| 2022-06-30 | 5.44% |
| 2022-03-31 | 12.81% |
| 2021-12-31 | 18.38% |
| 2021-09-30 | 21.95% |
| 2021-06-30 | 29.37% |
| 2021-03-31 | 36.36% |
| 2020-12-31 | 33.44% |
| 2020-09-30 | 28.11% |
| 2020-06-30 | 26.37% |
| 2020-03-31 | 24.98% |
| 2019-12-31 | 29.04% |
| 2019-09-30 | 22.40% |
| 2019-06-30 | 24.39% |
| 2019-03-31 | 24.57% |
| 2018-12-31 | 24.17% |
| 2018-09-30 | 24.68% |
| 2018-06-30 | 20.20% |
| 2018-03-31 | 18.27% |
| 2017-12-31 | 17.15% |
| 2017-09-30 | 15.06% |
| 2017-06-30 | 15.28% |
| 2017-03-31 | 14.05% |
| 2016-12-31 | 12.96% |
| 2016-09-30 | 12.08% |
| 2016-06-30 | 13.50% |
| 2016-03-31 | 16.27% |
| 2015-12-31 | 17.39% |
| 2015-09-30 | 17.52% |
| 2015-06-30 | 18.01% |
| 2015-03-31 | 17.43% |
| 2014-12-31 | 18.49% |
| 2014-09-30 | 17.46% |
| 2014-06-30 | 16.89% |
| 2014-03-31 | 18.30% |
| 2013-12-31 | 18.83% |
| 2013-09-30 | 16.41% |
| 2013-06-30 | 17.77% |
| 2013-03-31 | 14.92% |
| 2012-12-31 | 15.02% |
| 2012-09-30 | 13.88% |
| 2012-06-30 | 12.46% |
| 2012-03-31 | 14.56% |
| 2011-12-31 | 17.49% |
| 2011-09-30 | 18.19% |
| 2011-06-30 | 18.41% |
| 2011-03-31 | 17.97% |
| 2010-12-31 | 17.66% |
| 2010-09-30 | 16.00% |
| 2010-06-30 | 17.17% |
| 2010-03-31 | 18.04% |
| 2009-12-31 | 18.40% |
| 2009-09-30 | 16.59% |
| 2009-06-30 | -0.86% |
| 2009-03-31 | -1.79% |
| 2008-12-31 | -1.66% |
| 2008-09-30 | 0.16% |
| 2008-06-30 | 20.61% |
| 2008-03-31 | 22.28% |
| 2007-12-31 | 23.96% |
| 2007-09-30 | 25.21% |
| 2007-06-30 | 26.49% |
| 2007-03-31 | 22.72% |
| 2006-12-31 | 24.06% |
| 2006-09-30 | 22.76% |
| 2006-06-30 | 22.17% |
| 2006-03-31 | 22.45% |
| 2005-12-31 | 22.82% |
| 2005-09-30 | 26.26% |
| 2005-06-30 | 28.79% |
| 2005-03-31 | 30.24% |
| 2004-12-31 | 31.98% |
| 2004-09-30 | 25.98% |
| 2004-06-30 | 26.64% |
| 2004-03-31 | 25.69% |
| 2003-12-31 | 24.96% |
| 2003-09-30 | 22.87% |
| 2003-06-30 | 20.74% |