Progressive (PGR) Interest Expenses (2009 - 2026)
Progressive (PGR) posted quarterly Interest Expenses of $1.2 billion for Q2 2026, up 23.12% year-over-year from $999.0 million in Q2 2025, and up 132.95% on a QoQ basis from $528.0 million in Q1 2026.
Progressive (PGR) Interest Expenses (2009 - 2026) Analysis & Trends
Progressive has reported Interest Expenses for 18 years, with the latest figure at $1.2 billion in Q2 2026.
- Interest Expenses for Q2 2026 came in at $1.2 billion, up 23.12% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 23.12% YoY), and the FY2025 annual result was $753.0 million, up 63.7% from the prior year.
- Interest Expenses climbed to $1.2 billion in Q2 2026, from $528.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $3.9 billion in Q3 2022 and troughed at $63.6 million in Q4 2022.
- A 5-year average of $800.5 million and a median of $342.4 million in 2023 frame the typical range for Interest Expenses.
- The widest annual swing landed in 2022, when Interest Expenses soared 1432.49%; it then tumbled 89.91% in 2024.
- A 5-year view of Interest Expenses shows it stood at $63.6 million in 2022, then grew by 4.25% to $66.3 million in 2023, then gained by 5.58% to $70.0 million in 2024, then retreated by 1.43% to $69.0 million in 2025, then soared by 1682.61% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $1.2 billion in Q2 2026, $528.0 million in Q1 2026, and $69.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.88 Bn | 121.11 Bn | 9.13 Bn | 209.00 Mn |
| 2 | Progressive | 124.62 Bn | 119.62 Bn | 9.04 Bn | 1.23 Bn |
| 3 | Travelers Companies | 79.32 Bn | 55.57 Bn | 4.83 Bn | 3.08 Bn |
| 4 | Allstate | 67.93 Bn | 29.20 Bn | 16.28 Bn | 538.00 Mn |
| 5 | Fairfax Financial Holdings | 35.56 Bn | 35.56 Bn | - | -430.70 Mn |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 478.00 Mn |
| 7 | Loews | 23.29 Bn | 990.32 Mn | 2.57 Bn | 2.40 Bn |
| 8 | Markel | 23.19 Bn | 6.30 Bn | 2.83 Bn | 433.97 Mn |
| 9 | Assurant | 14.09 Bn | 12.06 Bn | 2.71 Bn | 242.00 Mn |
| 10 | Cna Financial | 13.88 Bn | 6.10 Bn | 3.44 Bn | 2.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 Bn |
| Jun 30, 2026 | 1.23 Bn |
| Mar 31, 2026 | 983.00 Mn |
| Mar 31, 2026 | 983.00 Mn |
| Dec 31, 2025 | 210.00 Mn |
| Dec 31, 2025 | 210.00 Mn |
| Sep 30, 2025 | 850.00 Mn |
| Sep 30, 2025 | 850.00 Mn |
| Jun 30, 2025 | 501.00 Mn |
| Jun 30, 2025 | 501.00 Mn |
| Mar 31, 2025 | 1.22 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 70.00 Mn |
| Dec 31, 2024 | 70.00 Mn |
| Sep 30, 2024 | 1.26 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 328.00 Mn |
| Jun 30, 2024 | 328.00 Mn |
| Mar 31, 2024 | 328.00 Mn |
| Mar 31, 2024 | 328.00 Mn |