Progressive (PGR) Goodwill & Intangibles (2014 - 2023)

Progressive (PGR) reported Goodwill & Intangibles of $302.8 million for Q3 2023, down 5.29% year-over-year from $319.7 million in Q3 2022, and down 0.95% quarter-over-quarter from $305.7 million in Q2 2023.

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

Progressive (PGR) has 10 years of Goodwill & Intangibles data on file, last reported at $302.8 million in Q3 2023.

  • Goodwill & Intangibles for Q3 2023 came in at $302.8 million, down 5.29% year-over-year; the trailing twelve-month figure through Sep 2023 was $302.8 million (down 5.29% YoY), and the FY2022 annual result was $314.2 million, down 44.88% from the prior year.
  • Goodwill & Intangibles declined to $302.8 million in Q3 2023 per PGR's latest filing, from $305.7 million in the prior quarter.
  • Over five years, Goodwill & Intangibles peaked at $729.4 million in Q1 2019 and troughed at $302.8 million in Q3 2023.
  • A 5-year average of $536.5 million and a median of $599.2 million in 2021 frame the typical range for Goodwill & Intangibles.
  • The sharpest annual moves came in 2022 and 2023: Goodwill & Intangibles sank 45.74% in 2022, then fell 5.29% in 2023.
  • A 5-year view of Goodwill & Intangibles shows it stood at $681.0 million in 2019, then slipped by 8.36% to $624.1 million in 2020, then retreated by 8.67% to $570.0 million in 2021, then sank by 44.88% to $314.2 million in 2022, then dropped by 3.63% to $302.8 million in 2023.
  • Business Quant data shows PGR's Goodwill & Intangibles at $302.8 million in Q3 2023, $305.7 million in Q2 2023, and $308.8 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn
10 Cna Financial 11.84 Bn 4.05 Bn 2.33 Bn

Historic Data

Download Data
DateValue
Sep 30, 2023 302.80 Mn
Jun 30, 2023 305.70 Mn
Mar 31, 2023 308.80 Mn
Dec 31, 2022 314.20 Mn
Sep 30, 2022 319.70 Mn
Jun 30, 2022 325.10 Mn
Mar 31, 2022 555.40 Mn
Dec 31, 2021 570.00 Mn
Sep 30, 2021 584.60 Mn
Jun 30, 2021 599.20 Mn
Mar 31, 2021 609.90 Mn
Dec 31, 2020 624.10 Mn
Sep 30, 2020 638.20 Mn
Jun 30, 2020 652.40 Mn
Mar 31, 2020 666.50 Mn
Dec 31, 2019 681.00 Mn
Sep 30, 2019 695.60 Mn
Jun 30, 2019 711.40 Mn
Mar 31, 2019 729.40 Mn
Dec 31, 2018 747.30 Mn