Progressive (PGR) Intangibles (2014 - 2023)

Progressive has disclosed Intangibles across 10 years of filings, most recently posting $74.9 million for Q3 2023.

• In Q3 2023, Intangibles fell 18.41% year-over-year to $74.9 million; the TTM figure through Sep 2023 stood at $74.9 million (down 18.41% YoY), while the FY2022 annual figure was $86.3 million, down 26.43% from the prior year.
• Intangibles fell to $74.9 million in Q3 2023, from $77.8 million in the prior quarter.
• Over the last five years, Intangibles for PGR reached as high as $276.7 million in Q1 2019 and fell as low as $74.9 million in Q3 2023.
• The 5-year median for Intangibles is $146.5 million (2021), against an average of $154.8 million.
• Annual changes were most pronounced in 2022 — Intangibles tumbled 34.67% — and 2023, when it dropped 18.41%.
• A 5-year view of Intangibles shows it stood at $228.3 million in 2019, then fell by 24.92% to $171.4 million in 2020, then sank by 31.56% to $117.3 million in 2021, then slipped by 26.43% to $86.3 million in 2022, then retreated by 13.21% to $74.9 million in 2023.
• According to Business Quant data, Intangibles over the past three periods registered $74.9 million, $77.8 million, and $80.9 million for Q3 2023, Q2 2023, and Q1 2023 respectively.