Progressive (PGR) Stock Buyback History
TTM buyback yield 0.12% · Shareholder yield (TTM) 0.12%.

Progressive
PGR
TTM buyback yield
0.12%
Shareholder yield (TTM)
0.12%
5Y share count change
0.1%
TTM buyback spend
$166.00M
SBC coverage (TTM)
1.20x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 1.20x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $166.00M | $3.00 | $166.00M | 0.59B | 0.1% | 0.12% |
| 2024 | $634.00M | $122.00M | $512.00M | 0.59B | 0.0% | 0.45% |
| 2023 | $140.70M | $121.30M | $19.40M | 0.59B | 0.1% | 0.15% |
| 2022 | $99.00M | $122.70M | −$23.70M | 0.59B | 0.0% | 0.13% |
| 2021 | $223.00M | $100.70M | $122.30M | 0.59B | -0.1% | 0.37% |
| 2020 | $111.60M | $89.40M | $22.20M | 0.59B | 0.1% | 0.19% |
| 2019 | $91.30M | $90.20M | $1.10M | 0.59B | 0.1% | 0.22% |
| 2018 | $79.00M | $77.20M | $1.80M | 0.59B | 0.2% | 0.22% |
| 2017 | $62.50M | $95.40M | −$32.90M | 0.59B | 0.1% | 0.19% |
| 2016 | $192.50M | $85.20M | $107.30M | 0.58B | -0.7% | 0.94% |
| 2015 | $208.50M | $66.20M | $142.30M | 0.59B | -0.9% | 1.12% |
| 2014 | $271.40M | $51.40M | $220.00M | 0.59B | -1.5% | 1.71% |
| 2013 | $273.40M | $64.90M | $208.50M | 0.60B | -0.7% | 1.69% |
| 2012 | $174.20M | $63.40M | $110.80M | 0.61B | -4.6% | 1.38% |
| 2011 | $997.80M | $2.10M | $995.70M | 0.64B | -4.0% | 8.44% |
| 2010 | $258.60M | $2.40M | $256.20M | 0.66B | -0.5% | 2.00% |
| 2009 | $180.60M | $1.80M | $178.80M | 0.67B | -1.1% | 1.52% |
| 2008 | $179.40M | $0.00 | $179.40M | 0.67B | -6.2% | 1.82% |
| 2007 | $1.55B | $0.00 | $1.55B | 0.72B | -7.2% | 12.03% |
| 2006 | $1.21B | $0.00 | $1.21B | 0.77B | -3.1% | 6.80% |
| 2005 | $482.80M | $0.00 | $482.80M | 0.80B | -7.6% | 2.12% |
| 2004 | $1.63B | $0.00 | $1.63B | 0.86B | -2.0% | 9.65% |
| 2003 | $316.80M | $0.00 | $316.80M | 0.88B | -1.2% | 1.77% |
| 2002 | $214.30M | $0.00 | $214.30M | 0.89B | -0.9% | 1.98% |
| 2001 | $120.20M | $0.00 | $120.20M | 0.90B | 1.0% | 1.10% |
| 2000 | $17.80M | $0.00 | $17.80M | 0.89B | -0.4% | — |
| 1999 | $600.00K | $0.00 | $600.00K | 0.90B | -0.1% | — |
| 1998 | $42.60M | $0.00 | $42.60M | 0.90B | -0.8% | — |
| 1997 | $2.90M | $0.00 | $2.90M | 0.90B | -1.3% | — |
| 1996 | $128.70M | $0.00 | $128.70M | 0.92B | — | — |
| 1995 | $2.30M | $0.00 | $2.30M | — | — | — |
| 1994 | $36.30M | $0.00 | $36.30M | — | — | — |
| 1993 | $12.20M | $0.00 | $12.20M | — | — | — |
| 1992 | $105.90M | $0.00 | $105.90M | — | — | — |
| 1991 | $107.30M | $0.00 | $107.30M | — | — | — |
| 1990 | $95.70M | $0.00 | $95.70M | — | — | — |
| 1989 | $52.50M | $0.00 | $52.50M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)1% of headroom
Headroom $14.33B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Progressive buy back its own stock?
- Yes, Progressive (PGR) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Progressive spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $166.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Progressive's buyback yield?
- TTM buyback yield is about 0.12% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Progressive's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.12% combined (TTM-based where available).
Is Progressive diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Progressive's share count changed?
- Diluted weighted average shares changed by about 0.1% over roughly five fiscal years (annual income statement data).