Progressive (PGR) Payables (2009 - 2026)

Progressive (PGR) reported Payables of $9.5 billion for Q1 2026, up 4.24% year-over-year from $9.1 billion in Q1 2025, and down 44.97% quarter-over-quarter from $17.3 billion in Q4 2025.

Progressive (PGR) Payables (2009 - 2026) Analysis & Trends

Progressive (PGR) has 18 years of Payables data on file, last reported at $9.5 billion in Q1 2026.

  • Payables for Q1 2026 came in at $9.5 billion, up 4.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 4.24% YoY), and the FY2025 annual result was $17.3 billion, up 67.12% from the prior year.
  • Payables slipped to $9.5 billion in Q1 2026 per PGR's latest filing, from $17.3 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 $8.2 billion and a median of $7.5 billion in 2023 frame the typical range for Payables.
  • The sharpest annual moves came in 2022 and 2025: Payables declined 9.71% in 2022, then jumped 67.12% in 2025.
  • 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 sank by 44.97% to $9.5 billion in 2026.
  • Business Quant data shows PGR's Payables at $9.5 billion in Q1 2026, $17.3 billion in Q4 2025, and $10.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 11.38 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 9.51 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn -
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn -
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn -
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 25.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 206.00 Mn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 3.67 Bn
10 Cna Financial 11.84 Bn 4.05 Bn 2.33 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