Progressive (PGR) FCF Payout Ratio (2018 - 2026)
Progressive's FCF Payout Ratio was 0.02 in Q2 2026, down 97.6% from 0.68 a year earlier and down 99.1% from the prior quarter.
Progressive (PGR) FCF Payout Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progressive's FCF Payout Ratio was 0.51 through Jun 30, 2026, up 52.8% year-over-year; for FY2025, it came in at 0.17, up 267.4% from FY2024.
- In earlier years, FCF Payout Ratio was 0.05 in FY2024 (+101.8%), 0.02 in FY2023 (-36.9%), 0.04 in FY2022 (-92.8%) and 0.50 in FY2021 (+114.7%).
- Quarterly FCF Payout Ratio has moved between 0.01 (Q3 2025) and 2.36 (Q4 2021) over five years.
- Compared with a year earlier, FCF Payout Ratio was higher in three of the last eight quarters, with growth averaging 97.0%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q2 2024 (growth of 503.0%); the worst was Q1 2022 (a decline of 97.7%).
- Per Business Quant data, PGR's FCF Payout Ratio in the three quarters before Q2 2026 was 1.85 (Q1 2026), 0.02 (Q4 2025) and 0.01 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 0.10 |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 0.02 |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 0.30 |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 0.14 |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 0.17 |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 0.11 |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - | 0.36 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 1.85 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 2.36 |
| Sep 30, 2021 | 0.03 |
Progressive FCF Payout Ratio 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=fcf-payout-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();