Progressive (PGR) Interest Coverage Ratio (2009 - 2026)
Progressive (PGR) posted quarterly Interest Coverage Ratio of 146.59 for Q1 2026, down 7.24% YoY from 158.03 in Q1 2025, and down 116.06% sequentially from 912.91 in Q4 2025.
Progressive (PGR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Progressive has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 146.59 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 7.24% year-over-year to 146.59; the TTM figure through Mar 2026 stood at 171.37 (up 166.99% YoY), while the FY2025 annual figure was 121.14, up 188.14% from the prior year.
- Interest Coverage Ratio eased to 146.59 in Q1 2026, from 912.91 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for PGR reached as high as 912.91 in Q4 2025 and fell as low as 819.23 in Q4 2024.
- The 5-year median for Interest Coverage Ratio is 130.37 (2024), against an average of 90.98.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 4753.77% — and 2025, when it surged 211.44%.
- A 5-year view of Interest Coverage Ratio shows it stood at 17.12 in 2022, then slumped by 4753.77% to 796.7 in 2023, then retreated by 2.83% to 819.23 in 2024, then soared by 211.44% to 912.91 in 2025, then plunged by 116.06% to 146.59 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 146.59, 912.91, and 168.36 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -5.37 |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | -146.59 |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 8.63 |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 24.46 |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 8.69 |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 9.57 |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -3.92 |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 5.42 |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 10.77 |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 5.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -146.59 |
| Dec 31, 2025 | 912.91 |
| Sep 30, 2025 | -168.36 |
| Jun 30, 2025 | 97.04 |
| Mar 31, 2025 | -136.69 |
| Dec 31, 2024 | -819.23 |
| Sep 30, 2024 | 102.89 |
| Jun 30, 2024 | -168.99 |
| Mar 31, 2024 | -130.37 |
| Dec 31, 2023 | -796.70 |
| 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 |
| Jun 30, 2021 | 18.72 |