PGR - NYSE

The Progressive Corporation

PGR·NYSE

$193.46

-1.7%

Financial ServicesInsurance - Property & Casualty

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$113.05B

EPS19.2900

P/E Ratio10.03

Earnings Date07/15/2026

123.04B

Assets

35%

3Y+39.0%

5Y+73.0%

10Y+218.0%

92.72B

Total Liabilities

3Y+36.0%

5Y+75.0%

10Y+215.0%

30.32B

Total Equity

564%

3Y+50.0%

5Y+66.0%

10Y+227.0%

The Progressive Corporation Funding & Solvency Profile

PGR · NYSE

Current Assets

Cash & Cash Equivalents125.00M

Net Receivables20.11B

Inventory0.00

Other Current Assets13.00M

Total Current Assets40 B

Non-Current Assets

Property, Plant & Equipment783.00M

Goodwill & Intangible Assets2.04B

Long-Term Investments77.66B

Other Non-Current Assets1.64B

Total Non-Current Assets80 B

Total Assets

123.04B

Financial Health Analysis

Current Ratio

0.59x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.06x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-28368000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

33% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

The Progressive Corporation Balance Sheet

PGR • NYSE

The Progressive Corporation Balance Sheet	Dec 2025	Nov 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	125M	0.0	143M	85M	203.5M	187.1M	76.5M	226.2M	69.5M	265M	211.5M	224.1M	108.4M	75.1M	179.1M	155.7M	158.9M	160.7M	2.9M	5.8M
Short-Term Investments	19.7B	92.8B	75.9B	62.2B	49.5B	44.8B	42B	34.9B	29.9B	23.1B	19.8B	17.5B	15.7B	14.8B	13.8B	13.3B	1.1B	1.1B	1.2B	382.4M
Cash & Short-Term Investments	19.8B	92.8B	76.1B	62.3B	49.7B	45B	42.1B	35.1B	30B	23.3B	20B	17.7B	15.8B	14.9B	13.9B	13.5B	1.2B	1.2B	1.2B	388.2M
Net Receivables	20.1B	16.4B	19.1B	17.1B	16.2B	14.4B	12.2B	10.9B	6.5B	5.4B	4.5B	4B	3.5B	3.3B	3.2B	2.9B	2.9B	2.5B	2.4B	2.4B
Accounts Receivables	19.4B	16.4B	19.1B	17.1B	16.2B	14.4B	12.2B	10.9B	6.5B	5.4B	4.5B	4B	3.5B	3.3B	3.2B	2.9B	2.7B	2.5B	2.4B	2.4B
Other Receivables	670M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	189M	0.0	0.0	0.0
Prepaids	197M	0.0	349M	250M	295.5M	457.6M	368.1M	626.5M	309.7M	203.3M	170.5M	199.3M	85.3M	74.9M	66.3M	69.8M	88.1M	69.3M	62.4M	69.8M
Other Current Assets	13M	0.0	-72.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	40.2B	109.2B	23.3B	79.6B	66.3B	59.8B	54.7B	46.6B	36.8B	29B	24.7B	21.9B	19.4B	18.3B	17.2B	16.5B	4.3B	3.8B	3.6B	2.9B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	783M	0.0	790M	881M	1B	1.1B	1.1B	1.2B	1.1B	1.1B	1.2B	1B	960.6M	960.9M	933.7M	911.3M	932.6M	961.3M	997.1M	1B
Goodwill	0.0	0.0	228M	228M	227.9M	452.7M	452.7M	452.7M	452.7M	452.7M	449.4M	447.6M	1.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	2B	0.0	2B	1.7B	86.3M	117.3M	171.4M	228.3M	294.6M	366.6M	432.8M	494.9M	11.3M	447.6M	434.5M	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	2B	0.0	2.2B	1.9B	314.2M	570M	624.1M	681M	747.3M	819.3M	882.2M	942.5M	12.9M	447.6M	434.5M	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	77.7B	0.0	80.3B	66B	53.5B	51.5B	-42B	-34.9B	-29.9B	-23.1B	-19.8B	-17.5B	-15.7B	-14.8B	-13.8B	-13.3B	-1.1B	-1.1B	-1.2B	-382.4M
Tax Assets	748M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	43.2M	0.0	0.0	0.0	0.0	0.0	109.4M	196M	189M	416.7M	821.6M	106M
Other Non-Current Assets	1.6B	0.0	-804M	-59.7B	-45.7B	-41.9B	49.7B	41.3B	37.8B	30.9B	26.5B	23.4B	21.1B	19.5B	17.8B	17.6B	16.9B	16B	14B	15.3B
Total Non-Current Assets	82.9B	0.0	82.4B	9.1B	9.2B	11.3B	9.4B	8.3B	9.8B	9.7B	8.7B	7.9B	6.4B	6.1B	5.5B	5.4B	16.9B	16.3B	14.6B	16B
Other Assets	0.0	-18.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	123B	91.1B	105.7B	88.7B	75.5B	71.1B	64.1B	54.9B	46.6B	38.7B	33.4B	29.8B	25.8B	24.4B	22.7B	21.8B	21.2B	20B	18.3B	18.8B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	0.0	0.0	5.5B	6.1B	5B	4.6B	5B	3.5B	2.5B	2.1B	1.9B	1.8B	1.7B	1.8B	0.0	0.0	0.0	0.0
Accounts Payable	0.0	0.0	0.0	0.0	5.5B	6.1B	5B	4.6B	5B	3.5B	2.5B	2.1B	1.9B	1.8B	1.7B	1.8B	0.0	0.0	0.0	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	499.4M	499.1M	3.3B	0.0	0.0	0.0	0.0	149.9M	499.7M	0.0	0.0	0.0	0.0
Tax Payables	0.0	0.0	0.0	311.8M	10.9M	0.0	163.5M	224M	16.8M	23.8M	41.2M	0.0	0.0	0.0	0.0	52.1M	48.7M	36.5M	0.0	0.0
Deferred Revenue	25.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	43.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Liabilities	68.5B	0.0	0.0	0.0	5.5B	6.1B	5B	5.1B	5.5B	6.8B	2.5B	2.1B	1.9B	1.8B	1.8B	2.3B	0.0	0.0	0.0	0.0
NON-CURRENT LIABILITIES
Long Term Debt	6.9B	0.0	6.9B	6.9B	6.4B	4.9B	5.4B	4.4B	3.9B	37.1M	3.1B	2.7B	2.2B	1.9B	1.9B	1.9B	2B	2.2B	2.2B	2.2B
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	152.9M	310M	118M	0.0	135M	111.3M	109.3M	98.9M	28.4M	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	17.3B	86.5B	73.3B	61.5B	47.7B	41.8B	36.4B	31.6B	26.3B	22.5B	19.7B	17.6B	14.7B	14.5B	12.9B	11.8B	13.1B	12.1B	11.9B	11.7B
Total Non-Current Liabilities	24.2B	86.5B	80.2B	68.4B	54B	46.8B	42.1B	36.1B	30.2B	22.7B	23B	20.5B	17B	16.4B	14.9B	13.8B	15.1B	14.3B	14B	13.9B
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	201.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	92.7B	86.5B	80.2B	68.4B	59.6B	52.9B	47.1B	41.2B	35.8B	29.4B	25.5B	22.5B	18.9B	18.2B	16.7B	16B	15.1B	14.3B	14B	13.9B
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	426M	0.0	494M	493.9M	493.9M	493.9M	493.9M	493.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	586M	586.2M	586M	585M	584.9M	584.4M	585.2M	584.6M	583.2M	581.7M	579.9M	583.6M	587.8M	595.8M	604.6M	613M	662.4M	672.6M	676.5M	680.2M
Additional Paid-In Capital	2.3B	0.0	2.1B	2B	1.9B	1.8B	1.7B	1.6B	1.5B	1.4B	1.3B	1.2B	1.2B	1.1B	1.1B	1B	1B	939.7M	892.9M	834.8M
Retained Earnings	27.3B	0.0	24.3B	18.8B	15.7B	15.3B	13.4B	10.7B	8.4B	6B	5.1B	4.7B	4.1B	3.5B	3.5B	3.5B	3.6B	3.7B	2.7B	2.9B
Accumulated Other Comprehensive Income/Loss	103M	0.0	-1.4B	-1.6B	-2.8B	40.7M	931.7M	341.7M	-120.9M	1.3B	933.4M	800.4M	1B	951.7M	871M	692.5M	783.7M	453.2M	-51.9M	492.8M
Other Total Stockholders' Equity	0.0	3.6B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	30.3B	4.6B	25.6B	20.3B	15.9B	18.2B	17B	13.7B	10.8B	9.3B	8B	7.3B	6.9B	6.2B	6B	5.8B	6B	5.7B	4.2B	4.9B
Total Equity	30.3B	4.6B	25.6B	20.3B	15.9B	18.2B	17B	13.7B	10.8B	9.3B	8B	7.3B	6.9B	6.2B	6B	5.8B	6B	5.7B	4.2B	4.9B
SUMMARY
Total Liabilities & Equity	123B	91.1B	105.7B	88.7B	75.5B	71.1B	64.1B	54.9B	46.6B	38.7B	33.4B	29.8B	25.8B	24.4B	22.7B	21.8B	21.2B	20B	18.3B	18.8B
Total Investments	97.4B	92.8B	156.2B	128.2B	103.1B	96.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	6.9B	0.0	6.9B	6.9B	6.4B	4.9B	5.4B	4.9B	4.4B	3.3B	3.1B	2.7B	2.2B	1.9B	2.1B	2.4B	2B	2.2B	2.2B	2.2B
Net Debt	6.8B	0.0	6.8B	6.8B	6.2B	4.7B	5.3B	4.7B	4.3B	3B	2.9B	2.5B	2.1B	1.8B	1.9B	2.3B	1.8B	2B	2.2B	2.2B
Shares Outstanding	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692	586,314,692

SEC Filings

PGR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 20, 2026	May 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 08, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 26, 2026	March 23, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 23, 2026	May 08, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 18, 2026	March 18, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 18, 2026	February 18, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 28, 2026	January 26, 2026	2026	View Filing

Showing 1 to 10 of 618 filings

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