Progressive (PGR) Asset Utilization Ratio (2012 - 2026)

Progressive has disclosed Asset Utilization Ratio across 15 years of filings, most recently posting 0.7 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 1.78% year-over-year to 0.7; the TTM figure through Mar 2026 stood at 0.7 (down 1.78% YoY), while the FY2025 annual figure was 0.77, down 1.15% from the prior year.
• Asset Utilization Ratio grew to 0.7 in Q1 2026, from 0.69 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for PGR reached as high as 0.71 in Q1 2025 and fell as low as 0.65 in Q2 2022.
• The 5-year median for Asset Utilization Ratio is 0.67 (2023), against an average of 0.68.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio declined 5.9% — and 2025, when it rose 9.53%.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.66 in 2022, then rose by 2.41% to 0.67 in 2023, then climbed by 3.34% to 0.7 in 2024, then declined by 0.86% to 0.69 in 2025, then climbed by 1.83% to 0.7 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.7, 0.69, and 0.69 for Q1 2026, Q4 2025, and Q3 2025 respectively.