Progressive (PGR) Payables (2009 - 2026)
Progressive (PGR) posted quarterly Payables of $9.5 billion for Q1 2026, up 4.24% YoY from $9.1 billion in Q1 2025, and down 44.97% sequentially from $17.3 billion in Q4 2025.
Progressive (PGR) Payables (2009 - 2026) Analysis & Trends
Progressive has disclosed Payables across 18 years of filings, most recently posting $9.5 billion for Q1 2026.
- In Q1 2026, Payables rose 4.24% year-over-year to $9.5 billion; the TTM figure through Mar 2026 stood at $9.5 billion (up 4.24% YoY), while the FY2025 annual figure was $17.3 billion, up 67.12% from the prior year.
- Payables declined to $9.5 billion in Q1 2026, from $17.3 billion in the prior quarter.
- Over the last five years, Payables for PGR reached as high as $17.3 billion in Q4 2025 and fell as low as $5.5 billion in Q4 2022.
- The 5-year median for Payables is $7.5 billion (2023), against an average of $8.2 billion.
- Annual changes were most pronounced in 2022 — Payables declined 9.71% — and 2025, when it jumped 67.12%.
- A 5-year view of Payables shows it stood at $5.5 billion in 2022, then jumped by 35.56% to $7.5 billion in 2023, then jumped by 37.95% to $10.3 billion in 2024, then jumped by 67.12% to $17.3 billion in 2025, then tumbled by 44.97% to $9.5 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $9.5 billion, $17.3 billion, and $10.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (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 | 9.51 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.38 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 25.00 Mn |
| 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 | - | 5.99 Bn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 206.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | - |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 3.67 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.14 Bn |