Progressive (PGR) Capital Expenditures (2012 - 2026)
Progressive's Capital Expenditures came in at $138 million for Q2 2026, up 35.3% from $102 million a year earlier and up 119.0% from the prior quarter.
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Analysis
Progressive (PGR) Capital Expenditures (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Progressive reported Capital Expenditures of $388 million, up 18.3% year-over-year; for FY2025, it came in at $348 million, up 22.1% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $285 million in FY2024 (+13.1%), $252 million in FY2023 (-13.7%), $292 million in FY2022 (+19.9%) and $243.5 million in FY2021 (+8.9%).
- The Q2 2026 figure represents the highest quarterly Capital Expenditures in data going back to Q4 2012.
- Year-over-year, Capital Expenditures has increased for eight consecutive quarters, with growth averaging 28.4% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q4 2023 (growth of 74.7%), and the weakest in Q3 2023 (a decline of 66.5%).
- Business Quant data shows PGR's Capital Expenditures at $63 million (Q1 2026), $121 million (Q4 2025) and $66 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 5.65 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | - |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 138.00 Mn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 72.00 Mn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 51.00 Mn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 43.00 Mn |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - | 73.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 138.00 Mn |
| Mar 31, 2026 | 63.00 Mn |
| Dec 31, 2025 | 121.00 Mn |
| Sep 30, 2025 | 66.00 Mn |
| Jun 30, 2025 | 102.00 Mn |
| Mar 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | 110.00 Mn |
| Sep 30, 2024 | 57.00 Mn |
| Jun 30, 2024 | 68.00 Mn |
| Mar 31, 2024 | 50.00 Mn |
| Dec 31, 2023 | 82.10 Mn |
| Sep 30, 2023 | 36.30 Mn |
| Jun 30, 2023 | 90.40 Mn |
| Mar 31, 2023 | 43.20 Mn |
| Dec 31, 2022 | 47.00 Mn |
| Sep 30, 2022 | 108.30 Mn |
| Jun 30, 2022 | 63.70 Mn |
| Mar 31, 2022 | 73.00 Mn |
| Dec 31, 2021 | 55.20 Mn |
| Sep 30, 2021 | 89.80 Mn |
API Access
Progressive Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();