Progressive (PGR) Payables (2009 - 2026)
Progressive's Payables came in at $9.24 billion for Q2 2026, up 8.8% from $8.49 billion a year earlier but down 2.9% from the prior quarter.
Analysis
Progressive (PGR) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Progressive's Payables was $17.29 billion, up 67.1% from FY2024.
- Payables has increased in each of the last three years, with a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- Going back by year, Payables was $10.35 billion in FY2024 (+37.9%), $7.5 billion in FY2023 (+35.6%), $5.53 billion in FY2022 (-9.7%) and $6.13 billion in FY2021 (-19.9%).
- The five-year range for quarterly Payables is $5.53 billion (Q4 2022) to $17.29 billion (Q4 2025).
- Year-over-year, Payables has increased for 13 consecutive quarters, with growth averaging 24.2% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q4 2025 (growth of 67.1%), and the weakest in Q4 2021 (a decline of 19.9%).
- Business Quant data shows PGR's Payables at $9.51 billion (Q1 2026), $17.29 billion (Q4 2025) and $10.27 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 61.85 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 10.73 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 9.24 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 4.05 Bn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | -1.28 Bn |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 460.00 Mn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 1.52 Bn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - | 2.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Progressive Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();