Progressive (PGR) Payables (2009 - 2026)
Progressive (PGR) posted quarterly Payables of $9.2 billion for Q2 2026, up 8.77% year-over-year from $8.5 billion in Q2 2025, and down 2.91% on a QoQ basis from $9.5 billion in Q1 2026.
Progressive (PGR) Payables (2009 - 2026) Analysis & Trends
Progressive has reported Payables for 18 years, with the latest figure at $9.2 billion in Q2 2026.
- Payables for Q2 2026 came in at $9.2 billion, up 8.77% year-over-year; the trailing twelve-month figure through Jun 2026 was $9.2 billion (up 8.77% YoY), and the FY2025 annual result was $17.3 billion, up 67.12% from the prior year.
- Payables slipped to $9.2 billion in Q2 2026, from $9.5 billion in the prior quarter.
- Over five years, Payables peaked at $17.3 billion in Q4 2025 and troughed at $5.5 billion in Q4 2022.
- A 5-year average of $8.3 billion and a median of $7.6 billion in 2023 frame the typical range for Payables.
- The widest annual swing landed in 2022, when Payables slipped 9.71%; it then surged 67.12% in 2025.
- A 5-year view of Payables shows it stood at $5.5 billion in 2022, then surged by 35.56% to $7.5 billion in 2023, then surged by 37.95% to $10.3 billion in 2024, then surged by 67.12% to $17.3 billion in 2025, then slumped by 46.58% to $9.2 billion in 2026.
- Per Business Quant data, the three most recent Payables figures were $9.2 billion in Q2 2026, $9.5 billion in Q1 2026, and $17.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.00 Bn | 121.24 Bn | 9.13 Bn | 10.73 Bn |
| 2 | Progressive | 124.64 Bn | 119.64 Bn | 9.04 Bn | 9.24 Bn |
| 3 | Travelers Companies | 79.47 Bn | 55.72 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.79 Bn | 29.06 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.33 Bn | 35.33 Bn | - | 6.49 Bn |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn | - |
| 7 | Loews | 23.31 Bn | 1.01 Bn | 2.57 Bn | 174.00 Mn |
| 8 | Markel | 23.23 Bn | 6.34 Bn | 2.83 Bn | - |
| 9 | Assurant | 14.13 Bn | 12.10 Bn | 2.71 Bn | 3.60 Bn |
| 10 | Cna Financial | 13.90 Bn | 6.11 Bn | 3.44 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.24 Bn |
| Mar 31, 2026 | 9.51 Bn |
| Dec 31, 2025 | 17.29 Bn |
| Sep 30, 2025 | 10.27 Bn |
| Jun 30, 2025 | 8.49 Bn |
| Mar 31, 2025 | 9.13 Bn |
| Dec 31, 2024 | 10.35 Bn |
| Sep 30, 2024 | 8.32 Bn |
| Jun 30, 2024 | 7.38 Bn |
| Mar 31, 2024 | 7.69 Bn |
| Dec 31, 2023 | 7.50 Bn |
| Sep 30, 2023 | 7.03 Bn |
| Jun 30, 2023 | 6.52 Bn |
| Mar 31, 2023 | 6.28 Bn |
| Dec 31, 2022 | 5.53 Bn |
| Sep 30, 2022 | 5.93 Bn |
| Jun 30, 2022 | 5.93 Bn |
| Mar 31, 2022 | 6.81 Bn |
| Dec 31, 2021 | 6.13 Bn |
| Sep 30, 2021 | 6.51 Bn |