Progressive Operating Margin 2010-2025 | PGR
- Progressive average operating margin for 2024 was 14.14%, a 135.27% increase from 2023.
- Progressive average operating margin for 2023 was 6.01%, a 45.52% increase from 2022.
- Progressive average operating margin for 2022 was 4.13%, a 71.14% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.