Progressive (PGR) Non-Current Deferred Tax Liability (2011 - 2021)
Progressive (PGR) posted quarterly Non-Current Deferred Tax Liability of $152.9 million for Q4 2021, down 50.68% YoY from $310.0 million in Q4 2020, and up 38.12% sequentially from $110.7 million in Q3 2021.
Progressive (PGR) Non-Current Deferred Tax Liability (2011 - 2021) Analysis & Trends
Progressive has disclosed Non-Current Deferred Tax Liability across 10 years of filings, most recently posting $152.9 million for Q4 2021.
- In Q4 2021, Non-Current Deferred Tax Liability fell 50.68% year-over-year to $152.9 million; the TTM figure through Dec 2021 stood at $152.9 million (down 50.68% YoY), while the FY2021 annual figure was $152.9 million, down 50.68% from the prior year.
- Non-Current Deferred Tax Liability rose to $152.9 million in Q4 2021, from $110.7 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for PGR reached as high as $310.0 million in Q4 2020 and fell as low as $38.5 million in Q1 2019.
- The 5-year median for Non-Current Deferred Tax Liability is $144.4 million (2019), against an average of $153.6 million.
- Annual changes were most pronounced in 2018 — Non-Current Deferred Tax Liability tumbled 76.02% — and 2019, when it jumped 192.39%.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $135.0 million in 2017, then tumbled by 60.37% to $53.5 million in 2018, then soared by 147.66% to $132.5 million in 2019, then soared by 133.96% to $310.0 million in 2020, then plunged by 50.68% to $152.9 million in 2021.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $152.9 million, $110.7 million, and $219.4 million for Q4 2021, Q3 2021, and Q2 2021 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 |
|---|---|
| Dec 31, 2021 | 152.90 Mn |
| Dec 31, 2021 | 152.90 Mn |
| Sep 30, 2021 | 110.70 Mn |
| Sep 30, 2021 | 110.70 Mn |
| Jun 30, 2021 | 219.40 Mn |
| Jun 30, 2021 | 219.40 Mn |
| Mar 31, 2021 | 241.50 Mn |
| Mar 31, 2021 | 241.50 Mn |
| Dec 31, 2020 | 310.00 Mn |
| Dec 31, 2020 | 310.00 Mn |
| Sep 30, 2020 | 227.90 Mn |
| Sep 30, 2020 | 227.90 Mn |
| Jun 30, 2020 | 211.20 Mn |
| Jun 30, 2020 | 211.20 Mn |
| Dec 31, 2019 | 132.50 Mn |
| Dec 31, 2019 | 132.50 Mn |
| Sep 30, 2019 | 136.00 Mn |
| Sep 30, 2019 | 136.00 Mn |
| Jun 30, 2019 | 134.50 Mn |
| Jun 30, 2019 | 134.50 Mn |