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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.87 Bn | 121.11 Bn | 9.13 Bn | 66.00 Mn |
| 2 | Progressive | 130.78 Bn | 125.78 Bn | 9.04 Bn | 544.00 Mn |
| 3 | Travelers Companies | 79.13 Bn | 55.38 Bn | 6.23 Bn | 61.00 Mn |
| 4 | Allstate | 67.86 Bn | 29.13 Bn | 16.28 Bn | 96.00 Mn |
| 5 | Fairfax Financial Holdings | 36.16 Bn | 36.16 Bn | - | 518.10 Mn |
| 6 | Cincinnati Financial | 26.90 Bn | 25.01 Bn | 2.39 Bn | 18.00 Mn |
| 7 | Markel | 23.16 Bn | 6.27 Bn | 2.83 Bn | 52.39 Mn |
| 8 | Loews | 22.68 Bn | 377.92 Mn | 2.57 Bn | 103.00 Mn |
| 9 | Assurant | 14.23 Bn | 12.20 Bn | 2.71 Bn | 28.40 Mn |
| 10 | Cna Financial | 13.36 Bn | 5.58 Bn | 3.44 Bn | 25.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 544.00 Mn |
| Mar 31, 2026 | 528.00 Mn |
| Dec 31, 2025 | 552.00 Mn |
| Sep 30, 2025 | 516.00 Mn |
| Jun 30, 2025 | 501.00 Mn |
| Mar 31, 2025 | 473.00 Mn |
| Dec 31, 2024 | 460.00 Mn |
| Sep 30, 2024 | 388.00 Mn |
| Jun 30, 2024 | 328.00 Mn |
| Mar 31, 2024 | 328.00 Mn |
| Dec 31, 2023 | 369.00 Mn |
| Sep 30, 2023 | 361.20 Mn |
| Jun 30, 2023 | 343.90 Mn |
| Mar 31, 2023 | 340.90 Mn |
| Dec 31, 2022 | 343.00 Mn |
| Sep 30, 2022 | 295.00 Mn |
| Jun 30, 2022 | 265.80 Mn |
| Mar 31, 2022 | 276.20 Mn |
| Dec 31, 2021 | 280.40 Mn |
| Sep 30, 2021 | 257.30 Mn |