PGR
Progressive Corp
Price:  
243.73 
USD
Volume:  
3,048,173.00
United States | Insurance
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Progressive WACC - Weighted Average Cost of Capital

The WACC of Progressive Corp (PGR) is 6.5%.

The Cost of Equity of Progressive Corp (PGR) is 6.65%.
The Cost of Debt of Progressive Corp (PGR) is 5.00%.

Range Selected
Cost of equity 5.80% - 7.50% 6.65%
Tax rate 20.50% - 21.00% 20.75%
Cost of debt 5.00% - 5.00% 5.00%
WACC 5.7% - 7.4% 6.5%
WACC

Progressive WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.41 0.47
Additional risk adjustments 0.0% 0.5%
Cost of equity 5.80% 7.50%
Tax rate 20.50% 21.00%
Debt/Equity ratio 0.05 0.05
Cost of debt 5.00% 5.00%
After-tax WACC 5.7% 7.4%
Selected WACC 6.5%