Progressive (PGR) Invested Capital (2009 - 2026)

Progressive (PGR) posted quarterly Invested Capital of $40.4 billion for Q1 2026, up 12.77% YoY from $35.8 billion in Q1 2025, and up 8.61% sequentially from $37.2 billion in Q4 2025.

Progressive (PGR) Invested Capital (2009 - 2026) Analysis & Trends

Progressive has disclosed Invested Capital across 18 years of filings, most recently posting $40.4 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 12.77% year-over-year to $40.4 billion; the TTM figure through Mar 2026 stood at $40.4 billion (up 12.77% YoY), while the FY2025 annual figure was $37.2 billion, up 580.44% from the prior year.
  • Invested Capital rose to $40.4 billion in Q1 2026, from $37.2 billion in the prior quarter.
  • Over the last five years, Invested Capital for PGR reached as high as $42.3 billion in Q3 2025 and fell as low as $4.2 billion in Q2 2023.
  • The 5-year median for Invested Capital is $9.0 billion (2024), against an average of $19.1 billion.
  • Annual changes were most pronounced in 2024 — Invested Capital plunged 79.86% — and 2025, when it surged 605.53%.
  • A 5-year view of Invested Capital shows it stood at $6.4 billion in 2022, then surged by 325.31% to $27.2 billion in 2023, then sank by 79.86% to $5.5 billion in 2024, then soared by 580.44% to $37.2 billion in 2025, then grew by 8.61% to $40.4 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $40.4 billion, $37.2 billion, and $42.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 22.51 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 40.43 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 89.76 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 16.51 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 41.25 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 39.08 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - 26.01 Bn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 18.71 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 4.49 Bn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 5.87 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.43 Bn
Dec 31, 2025 37.22 Bn
Sep 30, 2025 42.34 Bn
Jun 30, 2025 7.48 Bn
Mar 31, 2025 35.85 Bn
Dec 31, 2024 5.47 Bn
Sep 30, 2024 34.05 Bn
Jun 30, 2024 8.95 Bn
Mar 31, 2024 5.08 Bn
Dec 31, 2023 27.17 Bn
Sep 30, 2023 24.28 Bn
Jun 30, 2023 4.23 Bn
Mar 31, 2023 8.30 Bn
Dec 31, 2022 6.39 Bn
Sep 30, 2022 21.16 Bn
Jun 30, 2022 8.20 Bn
Mar 31, 2022 8.17 Bn
Dec 31, 2021 5.39 Bn
Sep 30, 2021 23.46 Bn
Jun 30, 2021 5.98 Bn