Progressive (PGR) EBIT (2009 - 2026)
Progressive (PGR) posted quarterly EBIT of -$10.4 billion for Q2 2026, down 7.69% year-over-year from -$11.2 billion in Q2 2025, and down 0.99% on a QoQ basis from -$10.3 billion in Q1 2026.
Analysis
Progressive (PGR) EBIT (2009 - 2026) Analysis & Trends
Progressive has reported EBIT for 18 years, with the latest figure at -$10.4 billion in Q2 2026.
- EBIT for Q2 2026 came in at -$10.4 billion, down 7.69% year-over-year; the trailing twelve-month figure through Jun 2026 was -$41.2 billion (down 6.19% YoY), and the FY2025 annual result was -$39.7 billion, down 3.62% from the prior year.
- EBIT slipped to -$10.4 billion in Q2 2026, from -$10.3 billion in the prior quarter.
- Over five years, EBIT peaked at $4.1 billion in Q3 2022 and troughed at -$11.7 billion in Q2 2023.
- A 5-year average of -$6.8 billion and a median of -$9.6 billion in 2025 frame the typical range for EBIT.
- The widest annual swing landed in 2022, when EBIT soared 930.94%; it then sank 3070.6% in 2023.
- A 5-year view of EBIT shows it stood at $1.1 billion in 2022, then sank by 923.78% to -$9.0 billion in 2023, then dropped by 11.67% to -$10.0 billion in 2024, then decreased by 4.06% to -$10.4 billion in 2025, then grew by 0.58% to -$10.4 billion in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$10.4 billion in Q2 2026, -$10.3 billion in Q1 2026, and -$10.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.15 Bn | 117.38 Bn | 9.13 Bn | 1.76 Bn |
| 2 | Progressive | 128.80 Bn | 123.80 Bn | 9.04 Bn | -10.36 Bn |
| 3 | Travelers Companies | 76.99 Bn | 53.24 Bn | 6.23 Bn | 1.07 Bn |
| 4 | Allstate | 66.35 Bn | 27.62 Bn | 16.28 Bn | 1.01 Bn |
| 5 | Fairfax Financial Holdings | 35.82 Bn | 35.82 Bn | - | 2.48 Bn |
| 6 | Cincinnati Financial | 26.40 Bn | 24.51 Bn | 2.39 Bn | 319.00 Mn |
| 7 | Markel | 22.75 Bn | 5.86 Bn | 2.83 Bn | 1.56 Bn |
| 8 | Loews | 22.37 Bn | 67.62 Mn | 2.57 Bn | 761.00 Mn |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 142.40 Mn |
| 10 | Cna Financial | 13.14 Bn | 5.36 Bn | 3.44 Bn | 701.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.36 Bn |
| Mar 31, 2026 | -10.26 Bn |
| Dec 31, 2025 | -10.42 Bn |
| Sep 30, 2025 | -10.12 Bn |
| Jun 30, 2025 | -9.62 Bn |
| Mar 31, 2025 | -9.57 Bn |
| Dec 31, 2024 | -10.02 Bn |
| Sep 30, 2024 | -9.56 Bn |
| Jun 30, 2024 | -10.74 Bn |
| Mar 31, 2024 | -8.03 Bn |
| Dec 31, 2023 | -8.97 Bn |
| Sep 30, 2023 | -9.98 Bn |
| Jun 30, 2023 | -11.73 Bn |
| Mar 31, 2023 | 895.30 Mn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 437.50 Mn |
| Jun 30, 2022 | -370.10 Mn |
| Mar 31, 2022 | 666.40 Mn |
| Dec 31, 2021 | 1.48 Bn |
| Sep 30, 2021 | 396.30 Mn |