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| Date | Value |
|---|---|
| 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 |