Progressive (PGR) Long-Term Deferred Tax (2009 - 2026)
Progressive (PGR) posted quarterly Long-Term Deferred Tax of $681.0 million for Q2 2026, up 7.58% year-over-year from $633.0 million in Q2 2025, and down 8.22% on a QoQ basis from $742.0 million in Q1 2026.
Progressive (PGR) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Progressive has reported Long-Term Deferred Tax for 14 years, with the latest figure at $681.0 million in Q2 2026.
- Long-Term Deferred Tax for Q2 2026 came in at $681.0 million, up 7.58% year-over-year; the trailing twelve-month figure through Jun 2026 was $681.0 million (up 7.58% YoY), and the FY2025 annual result was $748.0 million, down 21.59% from the prior year.
- Long-Term Deferred Tax eased to $681.0 million in Q2 2026, from $742.0 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $1.4 billion in Q3 2023 and troughed at $370.5 million in Q1 2022.
- A 5-year average of $899.3 million and a median of $945.0 million in 2023 frame the typical range for Long-Term Deferred Tax.
- The widest annual swing landed in 2023, when Long-Term Deferred Tax surged 185.29%; it then tumbled 55.94% in 2024.
- A 5-year view of Long-Term Deferred Tax shows it stood at $1.1 billion in 2022, then dropped by 17.28% to $936.0 million in 2023, then advanced by 1.92% to $954.0 million in 2024, then decreased by 21.59% to $748.0 million in 2025, then fell by 8.96% to $681.0 million in 2026.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $681.0 million in Q2 2026, $742.0 million in Q1 2026, and $748.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn |
| 4 | Allstate | 68.51 Bn | 29.78 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn |
| 8 | Markel | 23.21 Bn | 6.33 Bn | 2.83 Bn |
| 9 | Assurant | 14.14 Bn | 12.10 Bn | 2.71 Bn |
| 10 | Cna Financial | 13.87 Bn | 6.09 Bn | 3.44 Bn |
Historic Data
Download 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 |
| Dec 31, 2018 | 43.20 Mn |