Progressive (PGR) Depreciation and Depletion (2012 - 2026)
Progressive (PGR) reported Depreciation and Depletion of $82 million for Q2 2026, up 3.8% from $79 million a year earlier and up 9.3% from the prior quarter.
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Analysis
Progressive (PGR) Depreciation and Depletion (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Depreciation and Depletion came in at $321 million, up 8.8% year-over-year; for FY2025, it was $313 million, up 10.2% from FY2024.
- Depreciation and Depletion has a five-year compound annual growth rate of 2.6% (FY2020 to FY2025).
- By year, Depreciation and Depletion came in at $284 million in FY2024 (-0.4%), $285 million in FY2023 (-6.9%), $306 million in FY2022 (+9.4%) and $279.7 million in FY2021 (+1.7%).
- Five-year quarterly Depreciation and Depletion spans a low of $68 million in Q1 2023 and a high of $83 million in Q4 2025.
- Year over year, Depreciation and Depletion has now increased in each of the last five quarters, with growth averaging 6.8% over the last eight quarters.
- The high point for year-over-year Depreciation and Depletion in five years was Q2 2022 (growth of 18.0%); the low point was Q3 2023 (a decline of 8.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $75 million (Q1 2026), $83 million (Q4 2025) and $81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | - |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | 82.00 Mn |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | - |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | - |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 57.00 Mn |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 49.00 Mn |
| 10 | Allstate | 57.02 Bn | 18.27 Bn | 8.73 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.00 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 83.00 Mn |
| Sep 30, 2025 | 81.00 Mn |
| Jun 30, 2025 | 79.00 Mn |
| Mar 31, 2025 | 70.00 Mn |
| Dec 31, 2024 | 76.00 Mn |
| Sep 30, 2024 | 70.00 Mn |
| Jun 30, 2024 | 68.00 Mn |
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 73.00 Mn |
| Sep 30, 2023 | 71.40 Mn |
| Jun 30, 2023 | 72.60 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 78.50 Mn |
| Sep 30, 2022 | 77.90 Mn |
| Jun 30, 2022 | 78.50 Mn |
| Mar 31, 2022 | 71.10 Mn |
| Dec 31, 2021 | 75.80 Mn |
| Sep 30, 2021 | 74.50 Mn |
API Access
Progressive Depreciation and Depletion 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=depreciation-and-depletion&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();