Progressive (PGR) Change in Taxes (2012 - 2026)
Progressive (PGR) posted quarterly Change in Taxes of $830.0 million for Q1 2026, up 24.44% YoY from $667.0 million in Q1 2025, and up 1438.71% sequentially from -$62.0 million in Q4 2025.
Progressive (PGR) Change in Taxes (2012 - 2026) Analysis & Trends
Progressive has disclosed Change in Taxes across 15 years of filings, most recently posting $830.0 million for Q1 2026.
- In Q1 2026, Change in Taxes rose 24.44% year-over-year to $830.0 million; the TTM figure through Mar 2026 stood at -$37.0 million (up 87.67% YoY), while the FY2025 annual figure was -$200.0 million, up 44.13% from the prior year.
- Change in Taxes improved to $830.0 million in Q1 2026, from -$62.0 million in the prior quarter.
- Over the last five years, Change in Taxes for PGR reached as high as $830.0 million in Q1 2026 and fell as low as -$951.0 million in Q2 2024.
- The 5-year median for Change in Taxes is $35.0 million (2025), against an average of -$3.6 million.
- Annual changes were most pronounced in 2024 — Change in Taxes jumped 471.29% — and 2025, when it slumped 788.89%.
- A 5-year view of Change in Taxes shows it stood at $76.6 million in 2022, then surged by 40.21% to $107.4 million in 2023, then sank by 91.62% to $9.0 million in 2024, then tumbled by 788.89% to -$62.0 million in 2025, then soared by 1438.71% to $830.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $830.0 million, -$62.0 million, and $35.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | 830.00 Mn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 217.00 Mn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | - |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | - |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 579.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | - |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 23.97 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | -99.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 830.00 Mn |
| Mar 31, 2026 | 830.00 Mn |
| Dec 31, 2025 | -62.00 Mn |
| Dec 31, 2025 | -62.00 Mn |
| Sep 30, 2025 | 35.00 Mn |
| Sep 30, 2025 | 35.00 Mn |
| Jun 30, 2025 | -840.00 Mn |
| Jun 30, 2025 | -840.00 Mn |
| Mar 31, 2025 | 667.00 Mn |
| Mar 31, 2025 | 667.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | -25.00 Mn |
| Sep 30, 2024 | -25.00 Mn |
| Jun 30, 2024 | -951.00 Mn |
| Jun 30, 2024 | -951.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Dec 31, 2023 | 107.40 Mn |
| Dec 31, 2023 | 107.40 Mn |