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