Progressive (PGR) Change in Receivables (2012 - 2026)

Progressive (PGR) posted quarterly Change in Receivables of $2.3 billion for Q1 2026, down 7.78% YoY from $2.4 billion in Q1 2025, and up 294.64% sequentially from -$1.2 billion in Q4 2025.

Progressive (PGR) Change in Receivables (2012 - 2026) Analysis & Trends

Progressive has disclosed Change in Receivables across 15 years of filings, most recently posting $2.3 billion for Q1 2026.

  • In Q1 2026, Change in Receivables fell 7.78% year-over-year to $2.3 billion; the TTM figure through Mar 2026 stood at $803.0 million (down 69.33% YoY), while the FY2025 annual figure was $993.0 million, down 58.81% from the prior year.
  • Change in Receivables improved to $2.3 billion in Q1 2026, from -$1.2 billion in the prior quarter.
  • Over the last five years, Change in Receivables for PGR reached as high as $2.4 billion in Q1 2025 and fell as low as -$1.2 billion in Q4 2025.
  • The 5-year median for Change in Receivables is $134.7 million (2023), against an average of $483.2 million.
  • Annual changes were most pronounced in 2023 — Change in Receivables slumped 422.66% — and 2024, when it soared 354.89%.
  • A 5-year view of Change in Receivables shows it stood at -$451.2 million in 2022, then gained by 0.24% to -$450.1 million in 2023, then sank by 70.18% to -$766.0 million in 2024, then plunged by 51.04% to -$1.2 billion in 2025, then jumped by 294.64% to $2.3 billion in 2026.
  • According to Business Quant data, Change in Receivables over the past three periods registered $2.3 billion, -$1.2 billion, and $113.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 2.25 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 1.08 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn -
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 434.00 Mn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 190.00 Mn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn -1.00 Mn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 48.31 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 2.25 Bn
Mar 31, 2026 2.25 Bn
Dec 31, 2025 -1.16 Bn
Dec 31, 2025 -1.16 Bn
Sep 30, 2025 113.00 Mn
Sep 30, 2025 113.00 Mn
Jun 30, 2025 -405.00 Mn
Jun 30, 2025 -405.00 Mn
Mar 31, 2025 2.44 Bn
Mar 31, 2025 2.44 Bn
Dec 31, 2024 -766.00 Mn
Dec 31, 2024 -766.00 Mn
Sep 30, 2024 590.00 Mn
Sep 30, 2024 590.00 Mn
Jun 30, 2024 352.00 Mn
Jun 30, 2024 352.00 Mn
Mar 31, 2024 2.24 Bn
Mar 31, 2024 2.24 Bn
Dec 31, 2023 -450.10 Mn
Dec 31, 2023 -450.10 Mn