Mulya.ai
Ticker
PGR
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?5.6%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.327
Beta (levered) ?0.327
Terminal OM% ?17.7%
Segment conc. ?87% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

PGR · The Progressive Corporation

$195.252026-05-17
Sector: Financial Services; Industry: Insurance - Property & Casualty; Sub-Industry: Property & Casualty Insurance

Intrinsic Value Range Comparison · Mulya.ai

Bull
$1162
+495.0% vs market
Base · active
$520
+166.3% vs market
Bear
$501
+156.7% vs market
Mulya.ai vs Analyst IV Comparison?
Market $195
Median $225
Bear $501
Base $520
Bull $1162
Market Price $195
Mulya.ai Base $520
Analysts Median $225
Mulya.ai IV range ($501 · $1162)
Analysts Range ($208 · $265)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$47.7B8.8%20.4%$3.4B$5.2B$8.6B3.5%0.0%−$21.9B$5.70
2022.Q4$49.6B4.0%1.9%21.8%$721MM$3.6B$4.4B5.4%0.0%−$27.4B$1.23
2023.Q4$62.1B25.2%7.9%20.4%$3.9B$6.7B$10.6B5.3%0.0%−$35.1B$6.64
2024.Q4$75.3B21.4%14.2%20.8%$8.5B$6.5B$15.0B6.0%0.0%−$43.6B$14.42
2025.Q4$87.6B16.3%16.2%20.5%$11.3B$6.3B$17.6B5.7%0.0%−$88.3B$19.228.1
italics below = DCF projection · 10yr Rev CAGR: 4.6%
2026.Q4$89.2B+1.7%16.2%20.4%$11.5B−$622MM$10.9B5.8%$10.3B0.0%−$87.6B$19.5710.0
2027.Q4$95.7B+7.4%16.5%20.4%$12.6B−$2.7B$9.9B6.1%$8.8B0.0%−$84.9B$21.419.1
2028.Q4$101.6B+6.1%16.8%20.4%$13.6B−$2.5B$11.1B6.4%$9.3B0.0%−$82.4B$23.148.4
2029.Q4$106.7B+5.0%17.1%20.3%$14.6B−$2.2B$12.4B6.7%$9.7B0.0%−$80.2B$24.757.9
2030.Q4$111.6B+4.6%17.7%20.3%$15.8B−$2.2B$13.6B6.9%$10.0B0.0%−$78.1B$26.807.3
Term. Yr+$143.3B4.1%17.7%20.0%$20.3B−$9.7B$10.6B8.6%$119.2B8.6%
Active scenario IV: $520 (+166.3% vs market)