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| Date | Value |
|---|---|
| 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 |