Progressive (PGR) EBITDA (2012 - 2026)
Progressive's EBITDA was $4.38 billion in Q2 2026, up 6.0% from $4.13 billion a year earlier and up 18.0% from the prior quarter.
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Analysis
Progressive (PGR) EBITDA (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progressive's EBITDA was $15.4 billion through Jun 30, 2026, up 12.4% year-over-year; for FY2025, it was $14.81 billion, up 31.4% from FY2024.
- EBITDA has now increased for three consecutive years, with a five-year compound annual growth rate of 13.9% (FY2020 to FY2025).
- In earlier years, EBITDA was $11.28 billion in FY2024 (+106.1%), $5.47 billion in FY2023 (+264.0%), $1.5 billion in FY2022 (-68.5%) and $4.77 billion in FY2021 (-38.3%).
- The Q2 2026 figure marks the highest quarterly EBITDA in data going back to Q4 2012.
- Compared with a year earlier, EBITDA has increased for 12 straight quarters, with growth averaging 35.5% over the last eight quarters.
- The best year-over-year quarter for EBITDA over five years was Q3 2023 (growth of 438.0%); the worst was Q3 2021 (a decline of 86.3%).
- Per Business Quant data, PGR's EBITDA in the three quarters before Q2 2026 was $3.71 billion (Q1 2026), $3.83 billion (Q4 2025) and $3.47 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | - |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | - |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 1.45 Bn |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | - |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 1.03 Bn |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 4.32 Bn |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | - |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.28 Bn |
| Mar 31, 2026 | -10.19 Bn |
| Dec 31, 2025 | -10.34 Bn |
| Sep 30, 2025 | -10.04 Bn |
| Jun 30, 2025 | -9.54 Bn |
| Mar 31, 2025 | -9.50 Bn |
| Dec 31, 2024 | -9.94 Bn |
| Sep 30, 2024 | -9.49 Bn |
| Jun 30, 2024 | -10.67 Bn |
| Mar 31, 2024 | -7.96 Bn |
| Dec 31, 2023 | -8.89 Bn |
| Sep 30, 2023 | -9.90 Bn |
| Jun 30, 2023 | -11.66 Bn |
| Mar 31, 2023 | 691.10 Mn |
| Dec 31, 2022 | 1.17 Bn |
| Sep 30, 2022 | 288.90 Mn |
| Jun 30, 2022 | -488.90 Mn |
| Mar 31, 2022 | 530.20 Mn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 282.30 Mn |
API Access
Progressive EBITDA 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=ebitda&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();