Progressive PGR
NYSE PGR
$221.38 +0.84 (+0.38%)
At close: Sep 2, 2026 · 4:00 PM EDT

Progressive (PGR) EBITDA (2009 - 2026)

Progressive (PGR) posted quarterly EBITDA 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) EBITDA (2009 - 2026) Analysis & Trends

Progressive has reported EBITDA for 18 years, with the latest figure at -$10.4 billion in Q2 2026.

  • EBITDA 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.
  • EBITDA slipped to -$10.4 billion in Q2 2026, from -$10.3 billion in the prior quarter.
  • Over five years, EBITDA 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 EBITDA.
  • The widest annual swing landed in 2022, when EBITDA soared 930.94%; it then sank 3070.6% in 2023.
  • A 5-year view of EBITDA 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 EBITDA 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) EBITDA (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

Historic Data

Download Data
DateValue
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