Progressive (PGR) Debt Ratio (2009 - 2026)
Progressive's (PGR) Debt Ratio came in at 0.07 for Q2 2026, up 12.4% from 0.06 a year earlier but down 2.2% from the prior quarter.
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Analysis
Progressive (PGR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Progressive's Debt Ratio stood at 0.06, down 14.0% from FY2024.
- Annual Debt Ratio has declined for three consecutive years.
- In prior years, Progressive's Debt Ratio was 0.07 in FY2024 (-16.1%), 0.08 in FY2023 (-8.2%), 0.08 in FY2022 (+22.9%) and 0.07 in FY2021 (-18.2%).
- Quarterly Debt Ratio has run from a low of 0.06 in Q4 2025 to a high of 0.09 in Q2 2022 over five years.
- On a year-over-year basis, Debt Ratio increased in two of the last eight quarters, with an average decline of 8.7%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2022, with growth of 25.4%; the weakest was Q3 2021, with a decline of 21.4%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.07 (Q1 2026), 0.06 (Q4 2025) and 0.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 141.90 Bn | 87.54 Bn | 8.67 Bn | 0.07 |
| 2 | Progressive | 133.73 Bn | 109.56 Bn | 9.04 Bn | 0.07 |
| 3 | Marsh & Mclennan Companies | 97.17 Bn | 89.33 Bn | - | 0.34 |
| 4 | Travelers Companies | 83.40 Bn | 59.65 Bn | 6.23 Bn | 0.06 |
| 5 | Manulife Financial | 76.33 Bn | -18.55 Bn | - | 0.06 |
| 6 | Aon | 70.17 Bn | 49.37 Bn | - | 0.43 |
| 7 | Arthur J. Gallagher | 70.09 Bn | 70.09 Bn | - | - |
| 8 | Allstate | 67.11 Bn | 28.38 Bn | 8.73 Bn | 0.06 |
| 9 | Metlife | 64.69 Bn | -42.09 Bn | 7.82 Bn | 0.01 |
| 10 | Aflac | 62.67 Bn | 37.88 Bn | 2.27 Bn | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.06 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.07 |
API Access
Progressive Debt Ratio 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=debt-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();