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
DateValue
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