Progressive (PGR) Change in Taxes (2012 - 2026)
Progressive (PGR) posted quarterly Change in Taxes of -$589.0 million for Q2 2026, up 29.88% year-over-year from -$453.5 million in Q2 2025, and down 170.96% on a QoQ basis from $830.0 million in Q1 2026.
Progressive (PGR) Change in Taxes (2012 - 2026) Analysis & Trends
Progressive has reported Change in Taxes for 15 years, with the latest figure at -$589.0 million in Q2 2026.
- Change in Taxes for Q2 2026 came in at -$589.0 million, up 29.88% year-over-year; the trailing twelve-month figure through Jun 2026 was $214.0 million (up 213.23% YoY), and the FY2025 annual result was -$200.0 million, up 44.13% from the prior year.
- Change in Taxes fell to -$589.0 million in Q2 2026, from $830.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $830.0 million in Q1 2026 and troughed at -$951.0 million in Q2 2024.
- A 5-year average of -$36.2 million and a median of $22.0 million in 2024 frame the typical range for Change in Taxes.
- The widest annual swing landed in 2024, when Change in Taxes surged 471.29%; it then plunged 788.89% in 2025.
- A 5-year view of Change in Taxes shows it stood at $76.6 million in 2022, then soared by 40.21% to $107.4 million in 2023, then slumped by 91.62% to $9.0 million in 2024, then plunged by 788.89% to -$62.0 million in 2025, then slumped by 850.0% to -$589.0 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were -$589.0 million in Q2 2026, $830.0 million in Q1 2026, and -$62.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | -132.00 Mn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | -589.00 Mn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | -224.00 Mn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | 5.73 Bn |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | - |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | - |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | - |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 16.10 Mn |
| 10 | Cna Financial | 13.81 Bn | 6.02 Bn | 3.44 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -589.00 Mn |
| Jun 30, 2026 | -589.00 Mn |
| 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 |