PROGRESSIVE CORP/OH/
PROGRESSIVE CORP/OH/
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Available For Sale Securi… | |||||||||||||||||
Short Term Investments | 2,126 | 10,005 | 1,515 | 2,103 | 2,595 | 615 | 757 | 733 | 1,327 | 1,790 | 1,795 | 1,494 | |||||
Available For Sale Securities Debt Securities | 89,958 | 92,871 | 90,024 | 84,375 | 79,696 | 75,947 | 75,168 | 68,222 | 64,957 | 62,168 | 58,387 | 55,572 | |||||
Equity Securities F V N I | |||||||||||||||||
Equity Securities Fv Ni | 4,173 | 4,502 | 4,485 | 4,235 | 3,968 | 4,303 | 4,232 | 4,134 | 4,081 | 3,831 | 3,483 | 3,693 | |||||
Investments | 94,131 | 97,373 | 94,509 | 88,610 | 83,664 | 80,250 | 79,400 | 72,356 | 69,038 | 65,999 | 61,871 | 59,266 | |||||
Cash | 162 | 125 | 173 | 125 | 195 | 143 | 136 | 90 | 155 | 85 | 124 | 164 | |||||
Restricted Cash And Cash Equivalents | 17 | 13 | 12 | 10 | 12 | 11 | 11 | 12 | 13 | 15 | 15 | 16 | |||||
Cash And Cash Equivalents At Carrying Value | 179 | 138 | 185 | 135 | 207 | 154 | 147 | 102 | 168 | 100 | 138 | 180 | |||||
Accrued Investment Income Receivable | 685 | 670 | 691 | 636 | 584 | 594 | 560 | 564 | 464 | 438 | 378 | 354 | |||||
Premiums Receivable At Carrying Value | 17,614 | 15,362 | 16,519 | 16,406 | 16,811 | 14,369 | 15,135 | 14,545 | 14,193 | 11,958 | 12,408 | 12,273 | |||||
Reinsurance Recoverables On Paid And Unpaid Losses | 4,003 | 4,083 | 4,107 | 4,197 | 4,449 | 4,765 | 4,881 | 4,881 | 5,003 | 5,094 | 5,331 | 5,517 | |||||
Prepaid Reinsurance Premiums | 198 | 197 | 215 | 263 | 306 | 349 | 224 | 291 | 210 | 250 | 235 | 243 | |||||
Deferred Policy Acquisition Costs | 2,131 | 2,044 | 2,164 | 2,110 | 2,068 | 1,961 | 2,032 | 1,938 | 1,818 | 1,687 | 1,732 | 1,686 | |||||
Property Plant And Equipment Net | 792 | 783 | 790 | 820 | 854 | 790 | 689 | 713 | 756 | 881 | 920 | 989 | |||||
Deferred Income Tax Assets Net | 742 | - | 662 | 633 | 860 | - | 598 | 1,001 | 1,032 | - | 1,357 | 1,199 | |||||
Goodwill | - | - | - | - | - | - | - | - | - | - | 228 | 228 | |||||
Other Assets | 1,734 | 1,641 | 1,693 | 1,670 | 1,606 | 1,559 | 1,537 | 1,502 | 1,446 | 1,348 | 1,282 | 1,240 | |||||
Intangible Assets Net Excluding Goodwill | - | - | - | - | - | - | - | - | - | - | 75 | 78 | |||||
Assets | 122,209 | 123,039 | 121,535 | 115,480 | 111,409 | 105,745 | 105,203 | 97,893 | 94,128 | 88,691 | 85,653 | 82,945 | |||||
Liabilities | |||||||||||||||||
Liabilities And Stockhold… | |||||||||||||||||
Unearned Premiums | 27,893 | 25,219 | 26,822 | 26,335 | 26,612 | 23,858 | 24,772 | 23,681 | 22,907 | 20,134 | 20,762 | 20,070 | |||||
Liability For Claims And Claims Adjustment Expense | 44,377 | 43,310 | 42,105 | 41,154 | 39,822 | 39,057 | 38,062 | 36,605 | 34,831 | 34,389 | 33,577 | 32,753 | |||||
Dividends Payable Current And Noncurrent | 58 | 7,972 | - | - | 59 | 2,695 | - | - | - | - | - | - | |||||
Accounts Payable And Accrued Liabilities Current A… | 9,456 | 9,318 | 10,267 | 8,492 | 9,068 | 7,651 | 8,318 | 7,376 | 7,689 | 7,002 | 7,031 | 6,524 | |||||
Debt Longterm And Shortterm Combined Amount | 8,386 | 6,897 | 6,896 | 6,895 | 6,894 | 6,893 | 6,892 | 6,891 | 6,890 | 6,889 | 6,888 | 6,887 | |||||
Liabilities | 90,170 | 92,716 | 86,090 | 82,876 | 82,455 | 80,154 | 78,044 | 74,553 | 72,317 | 68,414 | 68,257 | 66,234 | |||||
Preferred Stock Value Outstanding | - | - | - | - | - | 0 | 0 | 0 | 0 | 494 | 494 | 494 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value Outstanding | 584 | 586 | 586 | 586 | 586 | 586 | 586 | 586 | 586 | 585 | 585 | 585 | |||||
Additional Paid In Capital Common Stock | 2,314 | 2,307 | 2,233 | 2,192 | 2,160 | 2,145 | 2,096 | 2,060 | 2,029 | 2,013 | 1,978 | 1,936 | |||||
Retained Earnings Accumulated Deficit | 29,612 | 27,327 | 32,437 | 29,921 | 26,732 | 24,283 | 24,632 | 22,410 | 21,020 | 18,801 | 17,381 | 16,350 | |||||
A O C I Attributable To P… | |||||||||||||||||
Accumulated Other Compreh… | |||||||||||||||||
Accumulated Other Comprehensive Income Loss Availa… | -457 | 117 | 203 | -81 | -509 | -1,408 | -140 | -1,701 | -1,809 | -1,601 | -3,027 | -2,639 | |||||
Aoci Loss Cash Flow Hedge Cumulative Gain Loss Aft… | -13 | -13 | -13 | -13 | -14 | -14 | -14 | -14 | -14 | -14 | -14 | -14 | |||||
Accumulated Other Comprehensive Income Loss Foreig… | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -471 | 103 | 189 | -95 | -524 | -1,423 | -155 | -1,716 | -1,824 | -1,616 | -3,042 | -2,654 | |||||
Stockholders Equity | 32,039 | 30,323 | 35,445 | 32,604 | 28,954 | 25,591 | 27,159 | 23,340 | 21,811 | 20,277 | 17,395 | 16,711 | |||||
Liabilities And Stockholders Equity | 122,209 | 123,039 | 121,535 | 115,480 | 111,409 | 105,745 | 105,203 | 97,893 | 94,128 | 88,691 | 85,653 | 82,945 | |||||
Series B Preferred Stock | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Serial Preferred Stock | - | - | - | - | - | 0 | 0 | 0 | 20 | 0 | 0 | 0 | |||||
Premiums Receivable Allowance For Doubtful Account… | 528 | 552 | 516 | 501 | 473 | 460 | 388 | 328 | 328 | 369 | 361 | 344 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 1,416 | 1,460 | 1,398 | 1,369 | 1,490 | 1,461 | 1,590 | 1,558 | 1,580 | 1,655 | 1,597 | 1,580 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | - | - | - | - | - | - | - | - | - | - | 170 | 167 | |||||
Common Stock Par Or Stated Value Per Share | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Common Stock Shares Authorized | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | |||||
Common Stock Shares Issued | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | 798 | |||||
Treasury Stock Common Shares | 214 | 212 | 212 | 212 | 212 | 212 | 212 | 212 | 212 | 213 | 213 | 212 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.44% | 12.60% | 7.37% | - | - | - | - | - | - | - | - | - |
| 2025 | 0.98% | -6.44% | -11.33% | 2.27% | 0.79% | -9.27% | 12.32% | 11.50% | 7.57% | -6.83% | -5.82% | -6.46% |
| 2024 | -2.01% | -3.62% | 0.13% | 19.58% | 19.06% | 15.63% | 11.35% | -0.19% | 0.80% | -2.18% | -7.01% | -2.69% |
| 2023 | - | - | - | 4.05% | 12.43% | 21.61% | 3.56% | -0.21% | 8.16% | 6.26% | 10.96% | 8.13% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 53.35 | 52.16 | 49.35 | 48.00 | 40.40 | 39.34 | 37.83 | 32.34 | 27.54 | 19.30 | 14.11 | 9.46 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 19.70 | 19.23 | 18.18 | 17.72 | 14.80 | 14.40 | 13.81 | 11.75 | 9.85 | 6.64 | 4.68 | 2.97 | |||||
| Free Cash Flow Per Share TTM | 28.04 | 29.34 | 29.07 | 28.10 | 26.85 | 25.34 | 24.40 | 22.42 | 20.79 | 17.77 | 15.25 | 12.74 | |||||
| Dividend Per Share TTM | 13.91 | 4.90 | 4.90 | 4.90 | 4.90 | 1.15 | 1.15 | 1.15 | 1.15 | 0.40 | 0.40 | 0.40 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 38.53% | 38.45% | 37.99% | 37.02% | 35.20% | 34.91% | 19.19% | 15.89% | 12.95% | - | - | - | |||||
| Operating Profit Margin TTM | 16.27% | 16.22% | 15.85% | 15.93% | 14.02% | 14.21% | 14.24% | 12.85% | 11.21% | 7.90% | 5.84% | 3.86% | |||||
| Net Profit Margin TTM | 12.92% | 12.90% | 12.55% | 12.64% | 11.08% | 11.23% | 11.27% | 10.17% | 8.90% | 6.28% | 4.68% | 3.12% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 13.89% | 16.32% | 18.35% | 21.49% | 20.74% | 21.35% | 22.66% | 21.33% | 24.92% | 25.19% | 20.67% | 17.18% | |||||
| Net Income Growth (1Y) | 32.88% | 33.62% | 31.85% | 50.95% | 50.34% | 116.83% | 195.24% | 295.67% | 576.34% | 440.96% | 233.54% | 111.40% | |||||
| EPS Growth (1Y) | 32.97% | 33.43% | 31.65% | 50.74% | 50.19% | 116.61% | 194.84% | 295.33% | 575.76% | 440.49% | 233.37% | 111.18% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.03 | 11.09 | 12.72 | 14.10 | 17.89 | 15.26 | 16.86 | 16.21 | 19.24 | 21.83 | 27.10 | 40.55 | |||||
| P/B TTM | 3.62 | 4.14 | 3.84 | 4.50 | 5.37 | 5.05 | 5.03 | 4.79 | 5.10 | 4.20 | 4.28 | 4.23 | |||||
| P/S TTM | 1.30 | 1.43 | 1.60 | 1.78 | 1.98 | 1.71 | 1.90 | 1.65 | 1.71 | 1.37 | 1.27 | 1.26 | |||||
| Market Cap | 115.98B | 125.42B | 136.00B | 146.83B | 155.61B | 129.15B | 136.75B | 111.84B | 111.31B | 85.22B | 74.46B | 70.72B | |||||
| Enterprise Value | 115.80B | 125.28B | 135.82B | 146.70B | 155.40B | 129.00B | 136.60B | 111.74B | 111.14B | 85.12B | 74.33B | 70.54B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 16.42B | 17.20B | 17.05B | 16.47B | 15.73B | 14.83B | 14.29B | 13.12B | 12.17B | 10.39B | 8.92B | 7.45B | |||||
| Net Debt | -179.00M | -138.00M | -185.00M | -135.00M | -207.00M | -154.00M | -147.00M | -102.00M | -168.00M | -100.00M | -138.40M | -179.50M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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Growth Rates | |||||||||||||||||
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Credit, Liquidity, Returns, Payout | |||||||||||||||||
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| Net Working Capital | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
PROGRESSIVE CORP/OH/ (PGR) — SEC Financial Statements & Analysis
PROGRESSIVE CORP/OH/ (PGR) is a fire, marine & casualty insurance company, incorporated in OH. PROGRESSIVE CORP/OH/ trades on PGR: NYSE as: PGR. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), PROGRESSIVE CORP/OH/ reported a 13.89% year-over-year revenue growth, a Gross Profit Margin of 38.53% (TTM), a Price-to-Sales (P/S) ratio of 1.30x (TTM), a Price-to-Book (P/B) ratio of 3.62 (TTM), at a market cap of $115.98B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 13.89%
- Gross Profit Margin TTM
- 38.53%
- P/S TTM
- 1.30x
- P/B TTM
- 3.62
- Market Cap
- $115.98B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is PROGRESSIVE CORP/OH/ in?
PROGRESSIVE CORP/OH/ (PGR) operates in the Fire, Marine & Casualty Insurance industry.
What is PGR's market cap?
PROGRESSIVE CORP/OH/ (PGR) has a market capitalization of $115.98B as of 2026-03-31.
What is PGR's P/E ratio?
PROGRESSIVE CORP/OH/ (PGR)'s trailing twelve month P/E ratio is 10.03x as of 2026-03-31.
What exchange does PGR trade on?
PROGRESSIVE CORP/OH/ (PGR) trades on the PGR: NYSE.
Where is PROGRESSIVE CORP/OH/ incorporated?
PROGRESSIVE CORP/OH/ is incorporated in OH.