The Progressive Corporation

PGR Financial Insurance Property & Casualty

The Progressive Corporation’s revenue for fiscal 2025 (year ended December 2025) was $87.7 billion, up 16.3% from fiscal 2024.

Revenue
+3.02%
EPS
−1.80%
Free cash flow
−14.3%
Total debt
+21.7%

Quarter to September 2026, against a year earlier

228.88 4.30 −1.84%
Market cap
$135.1B
P/E
11.7×
Fwd P/E
12.4×
Dividend yield
5.96%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation (PGR) Current ratio

Alert me on Current ratio

The Progressive Corporation's current ratio at the end of the quarter to 30 September 2026 was 0.3×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2025) to 0.3× (fiscal 2017) — the current reading is the lowest in ten years. That is below the Insurance Property & Casualty industry median of 0.5× and below the Financial sector median of 1.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.2× (13.33%)
FY2024 0.3× (5.56%)
FY2023 0.3× (9.98%)
FY2022 0.3× 1.61%
FY2021 0.3× 2.83%
FY2020 0.3× (2.69%)
FY2019 0.3× 2.32%
FY2018 0.3× (4.86%)
FY2017 0.3× 2.69%
FY2016 0.3× 2.87%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.3× (2.44%)
Jun 2026 0.3× (3.15%)
Mar 2026 0.3× 16.78%
Dec 2025 0.2× (13.17%)
43 more quarters

Against its own ten years

Low 0.2× High 0.3×
Ten-year median 0.3×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
AIZ Assurant, Inc. compare 0.7×
MKL Markel Group Inc. compare 0.6×
WRB W.R. Berkley Corporation compare 0.3×
ALL The Allstate Corporation compare 0.3×
CINF Cincinnati Financial Corporation compare 0.3×
TRV The Travelers Companies, Inc. compare 0.3×
PGR The Progressive Corporation 0.3×
L Loews Corporation compare 0.2×
CB Chubb Limited compare 0.2×
Insurance Property & Casualty industry median 0.5×
Financial sector median 1.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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