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.

218.49 4.74 +2.22%
Market cap
$124.2B
P/E
10.9×
Fwd P/E
12.6×
Dividend yield
6.36%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation (PGR) Total debt

Alert me on Total debt

The Progressive Corporation's total debt at the end of fiscal 2025 was $6.9B, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $8.4B. Over the past ten years it has ranged from $2.7B (fiscal 2015) to $6.9B (fiscal 2025) — the current reading is the highest in ten years. The Progressive Corporation ranks 4th of 44 Insurance Property & Casualty companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $6.9B 0.06%
FY2024 $6.9B 0.06%
FY2023 $6.9B 7.84%
FY2022 $6.4B 30.41%
FY2021 $4.9B (9.22%)
FY2020 $5.4B 22.44%
FY2019 $4.4B 0.05%
FY2018 $4.4B 33.23%
FY2017 $3.3B 5.02%
FY2016 $3.1B 16.26%

Quarterly newest first

Period Total debt Change
Sep 2026 $8.4B 0.02%
Jun 2026 $8.4B 0.01%
Mar 2026 $8.4B 21.59%
Dec 2025 $6.9B 0.01%
43 more quarters

Against its own ten years

Low $2.7B High $6.9B
Ten-year median $4.9B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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