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. In the quarter to September 2026, revenue fell 3.61%, EPS grew 4.80%, free cash flow fell 12.3% and total debt rose 21.7%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.
Follow PGR
The Progressive Corporation (PGR) Current ratio
The Progressive Corporation's current ratio at the end of the quarter to 30 September 2026 was 0.3×, up 0.1× 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 0.4× and below the Financial sector median of 1.0×.
Current ratio, annual
Embed this chart
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× | 10.07% |
| Jun 2026 | 0.3× | (3.15%) |
| Mar 2026 | 0.3× | 16.78% |
| Dec 2025 | 0.2× | (13.17%) |
| 43 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| MKL Markel Group Inc. compare | 0.6× |
| AIZ Assurant, Inc. compare | 0.4× |
| WRB W.R. Berkley Corporation compare | 0.3× |
| CINF Cincinnati Financial Corporation compare | 0.3× |
| ALL The Allstate Corporation compare | 0.3× |
| PGR The Progressive Corporation | 0.3× |
| TRV The Travelers Companies, Inc. compare | 0.3× |
| L Loews Corporation compare | 0.2× |
| CB Chubb Limited compare | 0.2× |
| Insurance Property & Casualty industry median | 0.4× |
| 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)
More on PGR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement