PGR

Stock

The Progressive Corporation

Worth a look

Bigger than its usual dip. Not yet rare.

The Progressive Corporation is 21.1% off its high — deeper than its 4% average pullback, but it has been through 348 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $229.52 · as of Jul 9, 2026All-time high $290.89Drawdown -21.1%Severity Score™ 4.7
🟡

Significant

Current Drawdown

-21.1%

Days in Drawdown

479

Avg Max Drawdown

4.0%

Avg Length

39

Drawdown Severity Score™

4.7

PGR - Price & High Water Mark

PGR - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within PGR's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.5xAbove Typical · 87th percentile
Low: 0.51xMedian: 1.1xHigh: 2.3x

20 years of daily history

33.0% below its highest Price to Sales reading · 4.7x typical multiple drawdown · high date February 28, 2025

Price to Sales history

EV to EBITDA

9.8xTypical Range · 41st percentile
Low: 6.3xMedian: 10.5xHigh: 19590.4x

20 years of daily history

99.9% below its highest EV to EBITDA reading · 6.1x typical multiple drawdown · high date September 16, 2009

EV to EBITDA history · log scale

How we measure valuation

The Progressive Corporation (PGR) Analysis: Current Drawdown Insights

The Progressive Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $229.52, which represents a 21.1% decline from its all-time high of $290.89. This drawdown has persisted for 479 days.

Based on its full tracked price history, The Progressive Corporation typically experiences drawdowns averaging 4.0% in depth, with an average duration of 39 days. The Progressive Corporation has gone through 348 total drawdown events in its tracked history. The largest drawdown on record for The Progressive Corporation was 71.1%, beginning in 1999. The longest drawdown duration on record was 2631 days.

The Drawdown Severity Score™ for The Progressive Corporation currently stands at 4.65. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing The Progressive Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 348 tracked pullbacks (69 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2025-03-17Ongoing479 days-21.1%$290.89$229.52n/a
2025-03-042025-03-1713 days-2.9%$284.75$276.62$290.89
2025-02-262025-02-272 days-1.8%$278.20$273.12$278.45
2025-02-202025-02-245 days-1.3%$269.31$265.88$272.32
2024-12-022025-02-1879 days-10.9%$263.50$234.80$263.63
2024-11-272024-11-293 days-0.4%$262.66$261.52$263.50
2024-11-252024-11-262 days-0.1%$260.74$260.56$262.66
2024-11-132024-11-219 days-3.0%$257.09$249.42$258.17
2024-11-112024-11-122 days-0.6%$256.29$254.69$257.09
2024-09-232024-11-0847 days-6.8%$253.95$236.65$256.29
2024-09-192024-09-202 days-0.9%$252.40$250.09$253.95
2024-09-052024-09-139 days-2.1%$248.73$243.62$250.25
2024-08-212024-08-222 days-0.6%$233.88$232.48$235.32
2024-08-162024-08-194 days-0.4%$231.94$231.07$232.93
2024-07-192024-08-1427 days-6.1%$219.95$206.61$229.56
2024-07-162024-07-172 days-3.3%$212.67$205.72$216.84
2024-05-092024-07-1568 days-6.2%$211.40$198.22$212.67
2024-05-072024-05-082 days-0.0%$211.01$210.97$211.40
2024-04-222024-05-0615 days-3.7%$210.21$202.36$211.01
2024-04-082024-04-1912 days-4.1%$206.60$198.04$210.21
2024-04-042024-04-052 days-0.7%$206.37$204.88$206.60
2024-03-192024-03-2810 days-0.9%$202.01$200.29$202.41
2024-03-112024-03-122 days-0.8%$194.18$192.54$194.70
2024-02-272024-03-069 days-3.0%$189.45$183.82$191.83
2024-02-232024-02-264 days-0.2%$187.60$187.22$189.45
2024-02-162024-02-205 days-0.1%$185.20$185.06$185.44
2024-02-092024-02-146 days-0.5%$179.06$178.20$183.94
2024-02-062024-02-083 days-1.0%$178.29$176.43$179.06
2024-01-312024-02-023 days-0.8%$175.88$174.45$176.84
2024-01-292024-01-302 days-0.9%$175.59$173.97$175.88
2024-01-252024-01-262 days-0.2%$174.56$174.21$175.59
2024-01-162024-01-172 days-0.2%$164.47$164.15$165.43
2024-01-102024-01-112 days-0.7%$162.30$161.17$163.61
2023-12-132024-01-0827 days-7.1%$160.80$149.39$161.03
2023-11-282023-12-1215 days-2.0%$160.10$156.94$160.80
2023-11-142023-11-229 days-2.7%$157.67$153.44$158.35
2023-11-022023-11-098 days-2.1%$155.42$152.11$156.15
2023-10-192023-11-0114 days-3.8%$155.01$149.05$155.42
2023-04-112023-10-13186 days-22.9%$144.88$111.69$150.89
2023-03-072023-04-0529 days-7.3%$141.51$131.23$142.38
2023-03-012023-03-033 days-0.9%$139.45$138.20$141.47
2023-02-222023-02-287 days-0.6%$138.54$137.68$139.45
2023-02-172023-02-215 days-0.7%$138.50$137.51$138.54
2023-02-142023-02-152 days-0.3%$135.75$135.32$137.94
2023-02-082023-02-103 days-1.1%$134.77$133.29$134.80
2023-02-022023-02-076 days-2.2%$134.07$131.15$134.77
2023-01-262023-01-316 days-0.4%$131.63$131.09$132.49
2023-01-092023-01-2517 days-6.5%$130.80$122.35$131.63
2022-12-052023-01-0633 days-4.6%$128.66$122.77$130.80
2022-12-012022-12-022 days-0.7%$128.31$127.44$128.66
2022-11-282022-11-303 days-1.2%$127.74$126.24$128.31
2021-05-172022-01-06235 days-15.8%$101.90$85.82$101.93
2020-02-142020-07-14151 days-20.6%$75.72$60.09$76.49
2019-07-152020-01-30200 days-18.8%$73.73$59.84$73.83
2018-11-092019-02-1397 days-22.3%$61.62$47.88$61.70
2013-12-032014-11-03336 days-14.6%$20.17$17.23$20.21
2005-12-022013-02-132631 days-64.6%$17.12$6.06$17.56
2004-11-052005-06-01208 days-14.9%$13.38$11.38$13.40
2004-04-232004-10-26187 days-18.7%$12.57$10.22$12.80
2003-06-192003-11-13148 days-15.2%$10.49$8.90$10.51
2002-05-312003-03-21295 days-22.4%$8.18$6.35$8.32
1999-01-122002-04-021177 days-71.1%$7.71$2.23$7.76
1998-07-151998-12-23162 days-37.9%$6.97$4.33$7.16
1996-02-011996-08-01182 days-19.9%$2.26$1.81$2.27
1993-11-011995-09-06674 days-36.4%$2.02$1.28$2.05
1993-01-261993-07-15170 days-21.9%$1.57$1.22$1.65
1991-04-191992-07-13452 days-27.3%$0.89$0.65$0.90
1990-09-181991-02-11147 days-25.6%$0.80$0.59$0.84
1989-11-141990-06-12210 days-22.2%$0.61$0.47$0.61
1986-08-251989-08-031075 days-41.2%$0.53$0.31$0.55

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Know the Moment Severity Changes

See 9 real alerts from the past 5 years with actual returns

Average gain: +1034% • Real alerts • Real results

Monitor 3 stocks free · No credit card required

Or explore current drawdowns:

The Progressive Corporation (PGR) is trading at $229.52 as of Jul 9, 2026. It is 21.1% below its high of $290.89. The drawdown has lasted 479 days. Severity score: 4.7 (Significant).

PGR Price History and Drawdown Data

Latest price

$229.52

High-water mark

$290.89

Current drawdown

-21.1%

Days in drawdown

479

This PGR page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior The Progressive Corporation drawdowns.

What History Says About PGR

The Progressive Corporation has dropped 25%+ from its high 7 times in its tracked history. These events lasted an average of 903 days with an average max drop of -43.4%.

The current drawdown of -21.1% has lasted 479 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jan 1999 to Apr 2002-71.1%1177 days
Dec 2005 to Feb 2013-64.6%2631 days
Aug 1986 to Aug 1989-41.2%1075 days
Jul 1998 to Dec 1998-37.9%162 days
Nov 1993 to Sep 1995-36.4%674 days
Apr 1991 to Jul 1992-27.3%452 days

Track PGR in a weekly digest

Get one weekly drawdown digest and a reminder to build a watchlist for tickers like The Progressive Corporation. No per-article blasts.

Related Articles

View all articles

Learn More About Drawdowns