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| 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 |