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
DateValue
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