Progressive (PGR) Change in Receivables (2012 - 2026)
Progressive (PGR) reported Change in Receivables of -$508 million for Q2 2026, compared with -$405 million a year earlier.
Progressive (PGR) Change in Receivables (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Change in Receivables came in at $700 million, down 62.4% year-over-year; for FY2025, it was $993 million, down 58.8% from FY2024.
- Change in Receivables has a five-year compound annual growth rate of 8.8% (FY2020 to FY2025).
- By year, Change in Receivables came in at $2.41 billion in FY2024 (+56.5%), $1.54 billion in FY2023 (+51.5%), $1.02 billion in FY2022 (-11.3%) and $1.15 billion in FY2021 (+75.7%).
- Five-year quarterly Change in Receivables spans a low of -$1.16 billion in Q4 2025 and a high of $2.44 billion in Q1 2025.
- Year over year, Change in Receivables gained in two of the last four quarters, with growth averaging 64.7%.
- The high point for year-over-year Change in Receivables in five years was Q3 2024 (growth of 338.0%); the low point was Q3 2025 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.25 billion (Q1 2026), -$1.16 billion (Q4 2025) and $113 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.25 Bn | 80.84 Bn | 9.13 Bn | 1.98 Bn |
| 2 | Progressive | 130.11 Bn | 105.94 Bn | 9.04 Bn | -508.00 Mn |
| 3 | Marsh & Mclennan Companies | 85.37 Bn | 76.86 Bn | - | 581.00 Mn |
| 4 | Travelers Companies | 78.59 Bn | 54.84 Bn | 6.23 Bn | 961.00 Mn |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - | - |
| 6 | Metlife | 64.37 Bn | -42.41 Bn | 7.82 Bn | - |
| 7 | Allstate | 60.65 Bn | 21.92 Bn | 8.73 Bn | 227.00 Mn |
| 8 | Arthur J. Gallagher | 60.14 Bn | 54.55 Bn | - | 80.00 Mn |
| 9 | Aon | 58.75 Bn | 51.97 Bn | - | 275.00 Mn |
| 10 | Aflac | 58.63 Bn | 33.84 Bn | 2.27 Bn | 2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -508.00 Mn |
| Mar 31, 2026 | 2.25 Bn |
| Dec 31, 2025 | -1.16 Bn |
| Sep 30, 2025 | 113.00 Mn |
| Jun 30, 2025 | -405.00 Mn |
| Mar 31, 2025 | 2.44 Bn |
| Dec 31, 2024 | -766.00 Mn |
| Sep 30, 2024 | 590.00 Mn |
| Jun 30, 2024 | 352.00 Mn |
| Mar 31, 2024 | 2.24 Bn |
| Dec 31, 2023 | -450.10 Mn |
| Sep 30, 2023 | 134.70 Mn |
| Jun 30, 2023 | -138.10 Mn |
| Mar 31, 2023 | 1.99 Bn |
| Dec 31, 2022 | -451.20 Mn |
| Sep 30, 2022 | 305.90 Mn |
| Jun 30, 2022 | 42.80 Mn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | -847.20 Mn |
| Sep 30, 2021 | 810.50 Mn |
Progressive Change in Receivables 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=change-in-receivables&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();