Progressive (PGR) EBITDA (2009 - 2026)
Progressive (PGR) reported EBITDA of $2.2 billion for Q1 2026, down 35.26% year-over-year from $3.5 billion in Q1 2025, and down 21.68% quarter-over-quarter from $2.9 billion in Q4 2025.
Progressive (PGR) EBITDA (2009 - 2026) Analysis & Trends
Progressive (PGR) has 18 years of EBITDA data on file, last reported at $2.2 billion in Q1 2026.
- EBITDA for Q1 2026 came in at $2.2 billion, down 35.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.6 billion (up 15.93% YoY), and the FY2025 annual result was $12.8 billion, up 47.98% from the prior year.
- EBITDA declined to $2.2 billion in Q1 2026 per PGR's latest filing, from $2.9 billion in the prior quarter.
- Over five years, EBITDA peaked at $3.9 billion in Q3 2024 and troughed at -$1.4 billion in Q2 2022.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2024 frame the typical range for EBITDA.
- The sharpest annual moves came in 2022 and 2024: EBITDA tumbled 6889.47% in 2022, then soared 1525.84% in 2024.
- A 5-year view of EBITDA shows it stood at $1.2 billion in 2022, then soared by 195.78% to $3.4 billion in 2023, then slumped by 68.14% to $1.1 billion in 2024, then surged by 163.33% to $2.9 billion in 2025, then retreated by 21.68% to $2.2 billion in 2026.
- Business Quant data shows PGR's EBITDA at $2.2 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 1.38 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 2.24 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 1.01 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 938.00 Mn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 404.33 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 318.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -332.46 Mn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 613.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 159.60 Mn |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 610.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.24 Bn |
| Dec 31, 2025 | 2.87 Bn |
| Sep 30, 2025 | 2.90 Bn |
| Jun 30, 2025 | 3.60 Bn |
| Mar 31, 2025 | 3.47 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 3.90 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 3.41 Bn |
| Sep 30, 2023 | 732.90 Mn |
| Jun 30, 2023 | -109.90 Mn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | -796.80 Mn |
| Jun 30, 2022 | -1.37 Bn |
| Mar 31, 2022 | -1.11 Bn |
| Dec 31, 2021 | 649.70 Mn |
| Sep 30, 2021 | -11.40 Mn |
| Jun 30, 2021 | 881.00 Mn |