Progressive (PGR) Goodwill (2014 - 2023)

Progressive (PGR) posted quarterly Goodwill of $227.9 million for Q3 2023, little changed YoY from $227.9 million in Q3 2022, and little changed sequentially from $227.9 million in Q2 2023.

Progressive (PGR) Goodwill (2014 - 2023) Analysis & Trends

Progressive has disclosed Goodwill across 10 years of filings, most recently posting $227.9 million for Q3 2023.

  • In Q3 2023, Goodwill changed 0.0% year-over-year to $227.9 million; the TTM figure through Sep 2023 stood at $227.9 million (changed 0.0% YoY), while the FY2022 annual figure was $227.9 million, down 49.66% from the prior year.
  • Goodwill steadied at $227.9 million in Q3 2023, from $227.9 million in the prior quarter.
  • Over the last five years, Goodwill for PGR reached as high as $452.7 million in Q1 2019 and fell as low as $227.9 million in Q2 2022.
  • The 5-year median for Goodwill is $452.7 million (2019), against an average of $381.7 million.
  • Annual changes were most pronounced in 2019 — Goodwill changed 0.0% — and 2022, when it tumbled 49.66%.
  • A 5-year view of Goodwill shows it stood at $452.7 million in 2019, then changed by 0.0% to $452.7 million in 2020, then changed by 0.0% to $452.7 million in 2021, then slumped by 49.66% to $227.9 million in 2022, then changed by 0.0% to $227.9 million in 2023.
  • According to Business Quant data, Goodwill over the past three periods registered $227.9 million, $227.9 million, and $227.9 million for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn

Historic Data

Download Data
DateValue
Sep 30, 2023 227.90 Mn
Jun 30, 2023 227.90 Mn
Mar 31, 2023 227.90 Mn
Dec 31, 2022 227.90 Mn
Sep 30, 2022 227.90 Mn
Jun 30, 2022 227.90 Mn
Mar 31, 2022 452.70 Mn
Dec 31, 2021 452.70 Mn
Sep 30, 2021 452.70 Mn
Jun 30, 2021 452.70 Mn
Mar 31, 2021 452.70 Mn
Dec 31, 2020 452.70 Mn
Sep 30, 2020 452.70 Mn
Jun 30, 2020 452.70 Mn
Mar 31, 2020 452.70 Mn
Dec 31, 2019 452.70 Mn
Sep 30, 2019 452.70 Mn
Jun 30, 2019 452.70 Mn
Mar 31, 2019 452.70 Mn
Dec 31, 2018 452.70 Mn