Progressive (PGR) Interest Expenses (2009 - 2026)
Progressive (PGR) posted Interest Expenses of $88 million for Q2 2026, up 27.5% from $69 million a year earlier and up 25.7% from the prior quarter.
Progressive (PGR) Interest Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Progressive was $297 million, up 6.5% year-over-year; for FY2025, it was $278 million, down 0.4% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In prior years, Progressive's Interest Expenses was $279 million in FY2024 (+4.1%), $268 million in FY2023 (+9.8%), $244 million in FY2022 (+11.6%) and $218.6 million in FY2021 (+0.7%).
- The Q2 2026 figure stands as the highest quarterly Interest Expenses in data going back to Q1 2009.
- On a year-over-year basis, Interest Expenses increased in three of the last eight quarters, with growth averaging 3.4%.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q2 2026, with growth of 27.5%; the weakest was Q4 2021, with a decline of 8.2%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $70 million (Q1 2026), $69 million (Q4 2025) and $70 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.13 Bn | 84.72 Bn | 9.13 Bn | 200.00 Mn |
| 2 | Progressive | 128.43 Bn | 104.27 Bn | 9.04 Bn | 88.00 Mn |
| 3 | Marsh & Mclennan Companies | 90.87 Bn | 83.03 Bn | - | 248.00 Mn |
| 4 | Travelers Companies | 82.77 Bn | 59.02 Bn | 6.23 Bn | 113.00 Mn |
| 5 | Manulife Financial | 75.88 Bn | -19.01 Bn | - | -280.50 Mn |
| 6 | Arthur J. Gallagher | 66.59 Bn | 60.99 Bn | - | 168.00 Mn |
| 7 | Metlife | 64.90 Bn | -41.88 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Allstate | 63.88 Bn | 25.15 Bn | 8.73 Bn | 96.00 Mn |
| 9 | Aon | 62.81 Bn | 56.03 Bn | - | 179.00 Mn |
| 10 | Aflac | 60.31 Bn | 35.53 Bn | 2.27 Bn | 64.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 69.00 Mn |
| Sep 30, 2025 | 70.00 Mn |
| Jun 30, 2025 | 69.00 Mn |
| Mar 31, 2025 | 70.00 Mn |
| Dec 31, 2024 | 70.00 Mn |
| Sep 30, 2024 | 70.00 Mn |
| Jun 30, 2024 | 69.00 Mn |
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 69.30 Mn |
| Sep 30, 2023 | 69.70 Mn |
| Jun 30, 2023 | 65.70 Mn |
| Mar 31, 2023 | 63.30 Mn |
| Dec 31, 2022 | 63.60 Mn |
| Sep 30, 2022 | 63.10 Mn |
| Jun 30, 2022 | 63.00 Mn |
| Mar 31, 2022 | 54.30 Mn |
| Dec 31, 2021 | 51.60 Mn |
| Sep 30, 2021 | 54.20 Mn |
Progressive Interest Expenses 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-expenses&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();