Progressive (PGR) Long-Term Deferred Tax (2009 - 2026)
Progressive (PGR) posted quarterly Long-Term Deferred Tax of $742.0 million for Q1 2026, down 13.72% YoY from $860.0 million in Q1 2025, and down 0.8% sequentially from $748.0 million in Q4 2025.
Progressive (PGR) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Progressive has disclosed Long-Term Deferred Tax across 14 years of filings, most recently posting $742.0 million for Q1 2026.
- In Q1 2026, Long-Term Deferred Tax fell 13.72% year-over-year to $742.0 million; the TTM figure through Mar 2026 stood at $742.0 million (down 13.72% YoY), while the FY2025 annual figure was $748.0 million, down 21.59% from the prior year.
- Long-Term Deferred Tax eased to $742.0 million in Q1 2026, from $748.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for PGR reached as high as $1.4 billion in Q3 2023 and fell as low as $370.5 million in Q1 2022.
- The 5-year median for Long-Term Deferred Tax is $954.0 million (2024), against an average of $912.1 million.
- Annual changes were most pronounced in 2023 — Long-Term Deferred Tax jumped 185.29% — and 2024, when it sank 55.94%.
- A 5-year view of Long-Term Deferred Tax shows it stood at $1.1 billion in 2022, then slipped by 17.28% to $936.0 million in 2023, then gained by 1.92% to $954.0 million in 2024, then retreated by 21.59% to $748.0 million in 2025, then declined by 0.8% to $742.0 million in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $742.0 million, $748.0 million, and $662.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 742.00 Mn |
| Dec 31, 2025 | 748.00 Mn |
| Sep 30, 2025 | 662.00 Mn |
| Jun 30, 2025 | 633.00 Mn |
| Mar 31, 2025 | 860.00 Mn |
| Dec 31, 2024 | 954.00 Mn |
| Sep 30, 2024 | 598.00 Mn |
| Jun 30, 2024 | 1.00 Bn |
| Mar 31, 2024 | 1.03 Bn |
| Dec 31, 2023 | 936.00 Mn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.13 Bn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 955.60 Mn |
| Mar 31, 2022 | 370.50 Mn |
| Mar 31, 2020 | 20.60 Mn |
| Dec 31, 2018 | 43.20 Mn |
| Dec 31, 2015 | 90.60 Mn |