Progressive (PGR) Interest Coverage Ratio (2009 - 2026)
Progressive (PGR) posted quarterly Interest Coverage Ratio of 8.43 for Q2 2026, up 12.53% year-over-year from 7.49 in Q2 2025, and up 56.65% on a QoQ basis from 19.43 in Q1 2026.
Progressive (PGR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Progressive has reported Interest Coverage Ratio for 18 years, with the latest figure at 8.43 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 8.43, up 12.53% year-over-year; the trailing twelve-month figure through Jun 2026 was 33.47 (up 13.76% YoY), and the FY2025 annual result was 52.77, up 36.7% from the prior year.
- Interest Coverage Ratio advanced to 8.43 in Q2 2026, from 19.43 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 17.12 in Q4 2022 and troughed at 151.06 in Q4 2025.
- A 5-year average of 33.1 and a median of 15.67 in 2026 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2023, when Interest Coverage Ratio plunged 2350.56%; it then surged 70.57% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 17.12 in 2022, then tumbled by 890.23% to 135.28 in 2023, then fell by 5.77% to 143.09 in 2024, then retreated by 5.57% to 151.06 in 2025, then surged by 94.42% to 8.43 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 8.43 in Q2 2026, 19.43 in Q1 2026, and 151.06 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.88 Bn | 121.11 Bn | 9.13 Bn | 8.42 |
| 2 | Progressive | 124.62 Bn | 119.62 Bn | 9.04 Bn | -8.43 |
| 3 | Travelers Companies | 79.32 Bn | 55.57 Bn | 4.83 Bn | 0.35 |
| 4 | Allstate | 67.93 Bn | 29.20 Bn | 16.28 Bn | 1.88 |
| 5 | Fairfax Financial Holdings | 35.56 Bn | 35.56 Bn | - | -3.55 |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 0.67 |
| 7 | Loews | 23.29 Bn | 990.32 Mn | 2.57 Bn | 0.32 |
| 8 | Markel | 23.19 Bn | 6.30 Bn | 2.83 Bn | 3.60 |
| 9 | Assurant | 14.09 Bn | 12.06 Bn | 2.71 Bn | 0.59 |
| 10 | Cna Financial | 13.88 Bn | 6.10 Bn | 3.44 Bn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.43 |
| Mar 31, 2026 | -11.68 |
| Dec 31, 2025 | 271.34 |
| Sep 30, 2025 | 8.70 |
| Jun 30, 2025 | 13.37 |
| Mar 31, 2025 | -8.63 |
| Dec 31, 2024 | 153.21 |
| Sep 30, 2024 | 4.59 |
| Jun 30, 2024 | -32.73 |
| Mar 31, 2024 | 19.10 |
| Dec 31, 2023 | -179.12 |
| Sep 30, 2023 | 11.53 |
| Jun 30, 2023 | -34.12 |
| Mar 31, 2023 | 2.63 |
| Dec 31, 2022 | 7.16 |
| Sep 30, 2022 | 1.04 |
| Jun 30, 2022 | -1.39 |
| Mar 31, 2022 | 2.41 |
| Dec 31, 2021 | 8.71 |
| Sep 30, 2021 | 1.54 |