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
DateValue
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