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
DateValue
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