Progressive (PGR) Dividend Coverage Ratio (2018 - 2026)
Progressive's (PGR) Dividend Coverage Ratio was 57.09 for Q2 2026, up 6.1% from 53.81 a year earlier.
Progressive (PGR) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Dividend Coverage Ratio came in at 1.44, down 60.5% year-over-year; for FY2025, it was 3.94, down 68.6% from FY2024.
- By year, Dividend Coverage Ratio came in at 12.56 in FY2024 (-24.0%), 16.52 in FY2023 (+456.1%), 2.97 in FY2022 (+234.8%) and 0.89 in FY2021 (-75.8%).
- The Q2 2026 figure ranks as the highest quarterly Dividend Coverage Ratio in data going back to Q1 2018.
- Year over year, Dividend Coverage Ratio gained in six of the last eight quarters, with growth averaging 18.6%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q1 2022 (growth of 860.4%); the low point was Q4 2021 (a decline of 96.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.35 (Q1 2026), 50.02 (Q4 2025) and 45.09 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn | 7.15 |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn | 43.83 |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - | 1.70 |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn | 7.40 |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - | 2.24 |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - | 2.74 |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | 1.84 |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn | 7.45 |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 43.83 |
| Jun 30, 2026 | 57.09 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 50.02 |
| Sep 30, 2025 | 45.09 |
| Jun 30, 2025 | 53.81 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 39.93 |
| Sep 30, 2024 | 40.24 |
| Jun 30, 2024 | 24.73 |
| Mar 31, 2024 | 4.65 |
| Dec 31, 2023 | 33.81 |
| Sep 30, 2023 | 18.99 |
| Jun 30, 2023 | 5.74 |
| Mar 31, 2023 | 7.53 |
| Dec 31, 2022 | 14.02 |
| Sep 30, 2022 | 2.01 |
| Jun 30, 2022 | -9.39 |
| Mar 31, 2022 | 5.25 |
| Dec 31, 2021 | 1.02 |
Progressive Dividend Coverage 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=dividend-coverage-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();