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

Progressive (PGR) posted quarterly Asset Utilization Ratio of 0.74 for Q2 2026, up 1.44% year-over-year from 0.73 in Q2 2025, and up 1.02% on a QoQ basis from 0.73 in Q1 2026.

Progressive (PGR) Asset Utilization Ratio (2012 - 2026) Analysis & Trends

Progressive has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.74 in Q2 2026.

  • Asset Utilization Ratio for Q2 2026 came in at 0.74, up 1.44% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.74 (up 1.44% YoY), and the FY2025 annual result was 0.77, down 1.15% from the prior year.
  • Asset Utilization Ratio advanced to 0.74 in Q2 2026, from 0.73 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.74 in Q2 2026 and troughed at 0.65 in Q2 2022.
  • A 5-year average of 0.7 and a median of 0.71 in 2024 frame the typical range for Asset Utilization Ratio.
  • The widest annual swing landed in 2022, when Asset Utilization Ratio fell 4.1%; it then increased 8.42% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.66 in 2022, then gained by 8.42% to 0.71 in 2023, then advanced by 0.3% to 0.71 in 2024, then climbed by 0.33% to 0.72 in 2025, then advanced by 2.78% to 0.74 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.74 in Q2 2026, 0.73 in Q1 2026, and 0.72 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn 0.22
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn 0.74
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn 0.30
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn 0.56
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - -
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn 0.33
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn 0.22
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn 0.22
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 0.37
10 Cna Financial 13.81 Bn 6.02 Bn 3.44 Bn 0.22

Historic Data

Download Data
DateValue
Jun 30, 2026 0.74
Mar 31, 2026 0.64
Dec 31, 2025 0.63
Sep 30, 2025 0.71
Jun 30, 2025 0.72
Mar 31, 2025 0.73
Dec 31, 2024 0.73
Sep 30, 2024 0.66
Jun 30, 2024 0.67
Mar 31, 2024 0.67
Dec 31, 2023 0.67
Sep 30, 2023 0.70
Jun 30, 2023 0.68
Mar 31, 2023 0.67
Dec 31, 2022 0.66
Sep 30, 2022 0.65
Jun 30, 2022 0.65
Mar 31, 2022 0.66
Dec 31, 2021 0.66
Sep 30, 2021 0.65