Progressive (PGR) Share-based Compensation (2012 - 2026)

Progressive (PGR) posted quarterly Share-based Compensation of $16.0 million for Q1 2026, little changed YoY from $16.0 million in Q1 2025, and down 61.9% sequentially from $42.0 million in Q4 2025.

Progressive (PGR) Share-based Compensation (2012 - 2026) Analysis & Trends

Progressive has disclosed Share-based Compensation across 15 years of filings, most recently posting $16.0 million for Q1 2026.

  • In Q1 2026, Share-based Compensation changed 0.0% year-over-year to $16.0 million; the TTM figure through Mar 2026 stood at $132.0 million (up 9.09% YoY), while the FY2025 annual figure was $132.0 million, up 8.2% from the prior year.
  • Share-based Compensation retreated to $16.0 million in Q1 2026, from $42.0 million in the prior quarter.
  • Over the last five years, Share-based Compensation for PGR reached as high as $53.3 million in Q4 2022 and fell as low as $15.9 million in Q1 2023.
  • The 5-year median for Share-based Compensation is $31.0 million (2024), against an average of $30.2 million.
  • Annual changes were most pronounced in 2022 — Share-based Compensation surged 66.56% — and 2023, when it tumbled 35.65%.
  • A 5-year view of Share-based Compensation shows it stood at $53.3 million in 2022, then plunged by 35.65% to $34.3 million in 2023, then grew by 4.96% to $36.0 million in 2024, then increased by 16.67% to $42.0 million in 2025, then sank by 61.9% to $16.0 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $16.0 million, $42.0 million, and $42.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (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 16.00 Mn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn -
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn -
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 - 46.30 Mn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn -
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 13.12 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 17.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.00 Mn
Mar 31, 2026 16.00 Mn
Dec 31, 2025 42.00 Mn
Dec 31, 2025 42.00 Mn
Sep 30, 2025 42.00 Mn
Sep 30, 2025 42.00 Mn
Jun 30, 2025 32.00 Mn
Jun 30, 2025 32.00 Mn
Mar 31, 2025 16.00 Mn
Mar 31, 2025 16.00 Mn
Dec 31, 2024 36.00 Mn
Dec 31, 2024 36.00 Mn
Sep 30, 2024 38.00 Mn
Sep 30, 2024 38.00 Mn
Jun 30, 2024 31.00 Mn
Jun 30, 2024 31.00 Mn
Mar 31, 2024 17.00 Mn
Mar 31, 2024 17.00 Mn
Dec 31, 2023 34.30 Mn
Dec 31, 2023 34.30 Mn