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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.15 Bn | 117.38 Bn | 9.13 Bn | 26.67 |
| 2 | Progressive | 128.80 Bn | 123.80 Bn | 9.04 Bn | -19.05 |
| 3 | Travelers Companies | 76.99 Bn | 53.24 Bn | 6.23 Bn | 17.54 |
| 4 | Allstate | 66.35 Bn | 27.62 Bn | 16.28 Bn | 10.51 |
| 5 | Fairfax Financial Holdings | 35.82 Bn | 35.82 Bn | - | 4.78 |
| 6 | Cincinnati Financial | 26.40 Bn | 24.51 Bn | 2.39 Bn | 17.72 |
| 7 | Markel | 22.75 Bn | 5.86 Bn | 2.83 Bn | 29.78 |
| 8 | Loews | 22.37 Bn | 67.62 Mn | 2.57 Bn | 7.39 |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 5.01 |
| 10 | Cna Financial | 13.14 Bn | 5.36 Bn | 3.44 Bn | 28.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.05 |
| Mar 31, 2026 | -19.43 |
| Dec 31, 2025 | -18.88 |
| Sep 30, 2025 | -19.62 |
| Jun 30, 2025 | -19.21 |
| Mar 31, 2025 | -20.23 |
| Dec 31, 2024 | -21.77 |
| Sep 30, 2024 | -24.65 |
| Jun 30, 2024 | -32.73 |
| Mar 31, 2024 | -24.49 |
| Dec 31, 2023 | -24.31 |
| Sep 30, 2023 | -27.62 |
| Jun 30, 2023 | -34.12 |
| Mar 31, 2023 | 2.63 |
| Dec 31, 2022 | 3.99 |
| Sep 30, 2022 | 1.48 |
| Jun 30, 2022 | -1.39 |
| Mar 31, 2022 | 2.41 |
| Dec 31, 2021 | 5.29 |
| Sep 30, 2021 | 1.54 |