Go Deep
The Progressive Corporation
The Progressive Corporation Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 19,286 | 10.9 | 3.68 | 0.24 | 20,996.82 |
| Oct 2026 | 19,200 | 11.0 | 3.72 | 0.24 | 21,089.72 |
| Oct 2026 | 19,246 | 11.2 | 3.77 | 0.24 | 21,225.69 |
| Oct 2026 | 19,492 | 10.7 | 3.61 | 0.24 | 20,267.49 |
| Oct 2026 | 19,484 | 11.2 | 3.61 | 0.24 | 20,297.92 |
| Oct 2026 | 19,345 | 11.0 | 3.69 | 0.24 | 20,694.27 |
| Oct 2026 | 19,327 | 11.0 | 3.70 | 0.24 | 20,775.22 |
| Oct 2026 | 19,244 | 11.2 | 3.75 | 0.24 | 21,042.60 |
| Oct 2026 | 19,261 | 11.2 | 3.74 | 0.24 | 20,935.76 |
| Oct 2026 | 19,018 | 11.6 | 3.88 | 0.24 | 21,674.02 |
| Oct 2026 | 19,063 | 11.5 | 3.86 | 0.24 | 21,616.97 |
The Progressive Corporation Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 23,599,000,000.0 | 22,180,000,000.0 | 22,738,000,000.0 | 22,502,000,000.0 |
| Net Profit | 3,311,000,000.0 | 2,818,000,000.0 | 2,951,000,000.0 | 2,615,000,000.0 |
| EPS | 5.7 | 4.8 | — | 4.5 |
The Progressive Corporation Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 87,637,000,000.0 | 75,343,000,000.0 | 62,083,000,000.0 | 49,587,000,000.0 | — |
| Net Profit | 11,308,000,000.0 | 8,480,000,000.0 | 3,903,000,000.0 | 722,000,000.0 | — |
| EPS | 19.3 | 14.4 | 6.6 | 1.2 | — |
The Progressive Corporation Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 123,039,000,000.0 | 105,745,000,000.0 | 88,691,000,000.0 | 75,465,000,000.0 | — |
| Total Liabilities | 92,716,000,000.0 | 80,154,000,000.0 | 68,414,000,000.0 | 59,574,000,000.0 | — |
| Total Equity | 30,323,000,000.0 | 25,591,000,000.0 | 20,277,000,000.0 | 15,891,000,000.0 | — |
Owes vs Owns
The Progressive Corporation owed $0.73 for every $1 it owned in Jun 2026, down from $0.79 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.73× | 0.75× | 0.76× | 0.77× | 0.79× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
The Progressive Corporation Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 14.4%Receivables 14.1%Fixed assets (tangible) 0.6%Long-term investments 70.8%
How it's funded — Dec 2025
Long-term debt 5.6%Payables 6.5%Other liabilities 63.3%Shareholders' equity 24.6%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 19,836.0 | 76,090.0 | 62,253.0 | 49,717.1 |
| Receivables | 19,445.0 | 19,134.0 | 17,052.0 | 16,249.0 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed assets (tangible) | 783.0 | 790.0 | 881.0 | 1,034.0 |
| Intangible assets | 0.0 | 0.0 | 0.0 | 314.2 |
| Long-term investments | 97,373.0 | 80,250.0 | 65,999.0 | 53,548.3 |
| Other assets | 0.0 | 0.0 | 0.0 | 0.0 |
| Liabilities & equity | ||||
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 |
| Long-term debt | 6,897.0 | 6,893.0 | 6,889.0 | 6,388.3 |
| Payables | 7,972.0 | 2,695.0 | 0.0 | 5,532.8 |
| Other liabilities | 77,847.0 | 70,566.0 | 61,525.0 | 47,652.9 |
| Shareholders' equity | 30,323.0 | 25,591.0 | 20,277.0 | 15,891.0 |
| Net tangible assets | 30,323.0 | 25,591.0 | 20,277.0 | 15,891.0 |
The Progressive Corporation Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 17,548,000,000.0 | 15,119,000,000.0 | 10,643,000,000.0 | 6,849,000,000.0 | — |
| Investing Activities | -14,527,000,000.0 | -13,749,000,000.0 | -10,842,000,000.0 | -7,956,000,000.0 | — |
| Financing Activities | -3,037,000,000.0 | -1,316,000,000.0 | 78,000,000.0 | 1,126,000,000.0 | — |