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
DateValue
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