Progressive (PGR) EBT (2009 - 2026)
Progressive (PGR) posted quarterly EBT of $3.6 billion for Q1 2026, up 10.2% YoY from $3.2 billion in Q1 2025, and down 3.15% sequentially from $3.7 billion in Q4 2025.
Progressive (PGR) EBT (2009 - 2026) Analysis & Trends
Progressive has disclosed EBT across 18 years of filings, most recently posting $3.6 billion for Q1 2026.
- In Q1 2026, EBT rose 10.2% year-over-year to $3.6 billion; the TTM figure through Mar 2026 stood at $14.6 billion (up 32.19% YoY), while the FY2025 annual figure was $14.2 billion, up 32.76% from the prior year.
- EBT eased to $3.6 billion in Q1 2026, from $3.7 billion in the prior quarter.
- Over the last five years, EBT for PGR reached as high as $4.0 billion in Q2 2025 and fell as low as -$635.9 million in Q2 2022.
- The 5-year median for EBT is $2.5 billion (2023), against an average of $2.0 billion.
- Annual changes were most pronounced in 2022 — EBT plunged 163.64% — and 2023, when it soared 889.61%.
- A 5-year view of EBT shows it stood at $1.0 billion in 2022, then jumped by 144.22% to $2.5 billion in 2023, then gained by 18.5% to $3.0 billion in 2024, then increased by 24.1% to $3.7 billion in 2025, then retreated by 3.15% to $3.6 billion in 2026.
- According to Business Quant data, EBT over the past three periods registered $3.6 billion, $3.7 billion, and $3.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -269.94 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 3.57 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 2.99 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 326.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 2.12 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 3.11 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | 1.04 Bn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 463.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 124.20 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 335.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.57 Bn |
| Dec 31, 2025 | 3.68 Bn |
| Sep 30, 2025 | 3.32 Bn |
| Jun 30, 2025 | 3.98 Bn |
| Mar 31, 2025 | 3.24 Bn |
| Dec 31, 2024 | 2.97 Bn |
| Sep 30, 2024 | 2.95 Bn |
| Jun 30, 2024 | 1.86 Bn |
| Mar 31, 2024 | 2.94 Bn |
| Dec 31, 2023 | 2.50 Bn |
| Sep 30, 2023 | 1.41 Bn |
| Jun 30, 2023 | 435.70 Mn |
| Mar 31, 2023 | 554.40 Mn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 142.50 Mn |
| Jun 30, 2022 | -635.90 Mn |
| Mar 31, 2022 | 390.20 Mn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 139.00 Mn |
| Jun 30, 2021 | 999.20 Mn |