Progressive (PGR) Long-Term Deferred Tax (2020 - 2026)
Progressive (PGR) reported Long-Term Deferred Tax of $681 million for Q2 2026, up 7.6% from $633 million a year earlier but down 8.2% from the prior quarter.
Progressive (PGR) Long-Term Deferred Tax (2020 - 2026) Analysis & Trends
At the end of FY2025, Progressive posted Long-Term Deferred Tax of $748 million, down 21.6% from FY2024.
- Long-Term Deferred Tax has a three-year compound annual growth rate of -12.9% (FY2022 to FY2025).
- By year, Long-Term Deferred Tax came in at $954 million in FY2024 (+1.9%), $936 million in FY2023 (-17.3%) and $1.13 billion in FY2022.
- Five-year quarterly Long-Term Deferred Tax spans a low of $370.5 million in Q1 2022 and a high of $1.36 billion in Q3 2023.
- Year over year, Long-Term Deferred Tax gained in three of the last eight quarters, with an average decline of 15.6%.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q1 2023 (growth of 185.3%); the low point was Q3 2024 (a decline of 55.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $742 million (Q1 2026), $748 million (Q4 2025) and $662 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Allstate | 56.37 Bn | 17.62 Bn | 8.73 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 681.00 Mn |
| 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 |
Progressive Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();