Progressive (PGR) Interest Coverage Ratio (2009 - 2026)
Progressive's (PGR) Interest Coverage Ratio stood at 48.83 in Q2 2026, down 16.8% from 58.71 a year earlier and down 6.0% from the prior quarter.
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Analysis
Progressive (PGR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Progressive's Interest Coverage Ratio came in at 50.76 as of Jun 30, 2026, up 5.6% year-over-year; for FY2025, it was 52.16, up 32.4% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 39.40 in FY2024 (+104.1%), 19.30 in FY2023 (+303.8%), 4.78 in FY2022 (-76.4%) and 20.26 in FY2021 (-40.5%).
- Quarterly Interest Coverage Ratio has ranged from -9.09 in Q2 2022 to 58.71 in Q2 2025 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in seven of the last eight quarters, with growth averaging 33.8%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 551.6% in Q3 2023, against a decline of 89.8% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 51.94 (Q1 2026), 54.36 (Q4 2025) and 48.47 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | 17.68 |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | - |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 4.90 |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | - |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | 6.14 |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 3.93 |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 44.15 |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | -3.36 |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | -13.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -117.76 |
| Mar 31, 2026 | -146.59 |
| Dec 31, 2025 | -151.06 |
| Sep 30, 2025 | -144.60 |
| Jun 30, 2025 | -139.46 |
| Mar 31, 2025 | -136.69 |
| Dec 31, 2024 | -143.09 |
| Sep 30, 2024 | -136.63 |
| Jun 30, 2024 | -155.58 |
| Mar 31, 2024 | -114.74 |
| Dec 31, 2023 | -129.43 |
| Sep 30, 2023 | -143.15 |
| Jun 30, 2023 | -178.61 |
| Mar 31, 2023 | 9.76 |
| Dec 31, 2022 | 17.12 |
| Sep 30, 2022 | 3.26 |
| Jun 30, 2022 | -9.09 |
| Mar 31, 2022 | 8.19 |
| Dec 31, 2021 | 24.33 |
| Sep 30, 2021 | 3.56 |
API Access
Progressive Interest Coverage 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=interest-coverage-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();